Related posts

Flat Friday, down weekCanadian Tire, Savaria & XLIOil slumps, cryptos rally, stocks dip
Investor Insights

This summary was created by AI, based on 17 opinions in the last 12 months.

The experts have varied opinions on Deere & Co. Some believe that the agriculture cycle is over and crop prices are falling, impacting the company's margins. Others view the company as a good long-term investment with a strong global brand and potential for growth. There are concerns about weak global growth and declining agriculture prices, but also optimism about the company's construction business and potential for recovery from post-earnings challenges. Overall, the company's performance is seen as influenced by the economic cycle, agriculture trends, and global demand.

Consensus
Mixed
Valuation
Fair Value
PAST TOP PICK
Deere & Co.
(A Top Pick Jan 11/23, Down 9%)

He sold in July. Crop prices falling, input costs were sticky, farmers' margins started to get squeezed. Interest rates were high, with no clear idea when they'd start to drop.

machinery
HOLD
Deere & Co.

Has owned this for a while, but the agriculture cycle is over. He's held onto this because it's a different ag company. That said, the ag background is highly bearish.

machinery
BUY
Deere & Co.

Why is this a battleground stock? They ripped the band-aid off their last report and set future earnings at a proper level, but see a low bar in their forecast: 12x forward PE. Crop prices have been weak for a while, but that's the best time to buy Deere.

machinery
SELL
Deere & Co.

He sold it because he expects weak global growth in the first half of 2024 which will impact the international industrial names. He's getting more defensive in industrials and he sold Deere on strength last month.

machinery
HOLD
Deere & Co.
They reported a beat but lowered guidance.

The momentum is broken. Something has changed in the past year: maybe the agricultural cycle has deteriorated, replacing tractors has declined given high interest rates maybe. The balance sheet... It checks all the boxes. Good fundamentals. But if stocks remain like this at the end of January, he will sell in his quarterly rebalancing.

machinery
BUY
Deere & Co.

They reported a beat but lowered guidance. This remains a good company that is simply being cautious, which may be warranted in the face of the lag effect of Fed comments, but will be short-lived. They have set a bar they can easily clear. A buy.

machinery
DON'T BUY
Deere & Co.

It's been challenging for him. The agriculture and commodity cycle is in trouble due to weakening demand. Perilous.

machinery
DON'T BUY
Deere & Co.

Agriculture prices are much lower than last year, so farmers are no longer spending a lot of money in capex. But Deere is also in construction.

machinery
PARTIAL BUY
Deere & Co.
Current weakness, buy?

Great long-term investment, because long term we gotta feed the world. Buy some and wait.

machinery
BUY
Deere & Co.

Outside tech, there is now catch-up in other sectors. Look at the price action in Deere and how they recovered from their post-earnings debacle.

machinery
WEAK BUY
Deere & Co.

200-day MA meandering higher. Likes industrials as early-cycle winners. Strong global brand. Global demand for corn and soybeans will stay robust. Uptrend is there, but possible resistance around $450. Decently valued at 14x forward earnings, 15-16% growth rate. Couple of names he likes better.

machinery
BUY ON WEAKNESS
Deere & Co.
Infrastructure Bill of late 2021 money is only trickling out now

Trades less than 13x PE. A good construction business, but some are worried about their farm business, but if the latter drags down shares, then buy on that weakness.

machinery
COMMENT
Deere & Co.

Has owned this since 2021, based on agriculture seeing a positive cycle and a replacement cycle in farm equipment, which happened. Momentum is getting stretched though. Agriculture prices are declining.

machinery
WATCH
Deere & Co.

Sold it already. Agriculture prices are declining and prices for new tractors are rising, so farmers are getting squeezed. Shares are not cheap, but long term it's good. He will rebuy it down the road.

machinery
BUY
Deere & Co.

Good for this point in cycle as economy recovers. 
Cyclical business.
Good time to buy.

machinery
Showing 1 to 15 of 177 entries

Deere & Co.(DE-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 15

Stockchase rating for Deere & Co. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Deere & Co.(DE-N) Frequently Asked Questions

What is Deere & Co. stock symbol?

Deere & Co. is a American stock, trading under the symbol DE-N on the New York Stock Exchange (DE). It is usually referred to as NYSE:DE or DE-N

Is Deere & Co. a buy or a sell?

In the last year, 15 stock analysts published opinions about DE-N. 10 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Deere & Co..

Is Deere & Co. a good investment or a top pick?

Deere & Co. was recommended as a Top Pick by on . Read the latest stock experts ratings for Deere & Co..

Why is Deere & Co. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Deere & Co. worth watching?

15 stock analysts on Stockchase covered Deere & Co. In the last year. It is a trending stock that is worth watching.

What is Deere & Co. stock price?

On 2024-03-28, Deere & Co. (DE-N) stock closed at a price of $409.45.