EPS for Deere & Company (DE) Expected At $2.76

August 12, 2018 - By Darrel Chase

Deere & Company (NYSE:DE) LogoInvestors sentiment decreased to 0.87 in 2018 Q1. Its down 0.16, from 1.03 in 2017Q4. It is negative, as 62 investors sold Deere & Company shares while 364 reduced holdings. 89 funds opened positions while 283 raised stakes. 210.24 million shares or 0.17% more from 209.89 million shares in 2017Q4 were reported.
22,810 were accumulated by Blair William Il. Homrich And Berg holds 0.17% or 15,392 shares. Jfs Wealth Advsr Ltd Liability Corp invested in 2,000 shares. Robeco Institutional Asset Bv has invested 0.29% in Deere & Company (NYSE:DE). London Of Virginia has invested 0.89% in Deere & Company (NYSE:DE). Gradient Ltd Limited Liability Company holds 2 shares or 0% of its portfolio. Nelson Roberts Investment Advisors invested in 200 shares or 0.01% of the stock. Highlander Cap Limited Liability Corporation, a New Jersey-based fund reported 200 shares. Manchester Mngmt Limited Company stated it has 0.04% in Deere & Company (NYSE:DE). Moreover, Lipe & Dalton has 1.57% invested in Deere & Company (NYSE:DE) for 14,100 shares. Choate owns 5,668 shares for 0% of their portfolio. The Missouri-based First Heartland Consultants has invested 0.09% in Deere & Company (NYSE:DE). Dekabank Deutsche Girozentrale invested in 0.05% or 45,754 shares. 96,269 were accumulated by Axa. City Holdings Company holds 1.03% or 20,862 shares.

Since February 16, 2018, it had 0 insider purchases, and 4 insider sales for $55.45 million activity. ALLEN SAMUEL R sold $44.13M worth of stock. Another trade for 20,086 shares valued at $3.46 million was made by Jones Mary K.W. on Friday, February 16.

Analysts expect Deere & Company (NYSE:DE) to report $2.76 EPS on August, 17 before the open.They anticipate $0.79 EPS change or 40.10 % from last quarter’s $1.97 EPS. DE’s profit would be $895.02M giving it 12.41 P/E if the $2.76 EPS is correct. After having $3.14 EPS previously, Deere & Company’s analysts see -12.10 % EPS growth. The stock decreased 1.99% or $2.78 during the last trading session, reaching $137.05. About 2.41 million shares traded. Deere & Company (NYSE:DE) has risen 29.87% since August 13, 2017 and is uptrending. It has outperformed by 17.30% the S&P500.

Deere & Company (NYSE:DE) Ratings Coverage

Among 12 analysts covering Deere (NYSE:DE), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Deere had 16 analyst reports since February 15, 2018 according to SRatingsIntel. Bank of America upgraded the stock to “Buy” rating in Thursday, May 3 report. Citigroup maintained the shares of DE in report on Wednesday, June 20 with “Buy” rating. The rating was upgraded by UBS on Thursday, May 24 to “Buy”. The stock of Deere & Company (NYSE:DE) earned “Buy” rating by UBS on Wednesday, June 27. UBS maintained the shares of DE in report on Tuesday, February 20 with “Neutral” rating. The rating was maintained by BMO Capital Markets on Wednesday, February 21 with “Outperform”. As per Monday, May 7, the company rating was upgraded by Evercore. The stock has “Hold” rating by Jefferies on Friday, February 16. The company was maintained on Friday, April 13 by Robert W. Baird. RBC Capital Markets maintained Deere & Company (NYSE:DE) rating on Tuesday, April 17. RBC Capital Markets has “Buy” rating and $20000 target.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide. The company has market cap of $44.44 billion. The company??s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment comprising sprayers, and nutrient management and soil preparation machinery. It has a 24.56 P/E ratio. This segment also offers hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products.

More news for Deere & Company (NYSE:DE) were recently published by: 247Wallst.com, which released: “Walmart, Nvidia, Cisco and More Major Earnings Coming This Week” on August 12, 2018. Seekingalpha.com‘s article titled: “Stocks To Watch: Any Privacy For Tesla?” and published on August 11, 2018 is yet another important article.

Deere & Company (NYSE:DE) Institutional Positions Chart

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