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Deere (DE) Outperforms Broader Market: What You Need to Know

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Deere (DE - Free Report) closed at $487.24 in the latest trading session, marking a +2.29% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.98%. Meanwhile, the Dow experienced a rise of 1.08%, and the technology-dominated Nasdaq saw an increase of 0.88%.

Shares of the agricultural equipment manufacturer witnessed a gain of 1.47% over the previous month, beating the performance of the Industrial Products sector with its loss of 0.86%, and the S&P 500's loss of 2.79%.

The investment community will be closely monitoring the performance of Deere in its forthcoming earnings report. The company is scheduled to release its earnings on November 26, 2025. In that report, analysts expect Deere to post earnings of $3.96 per share. This would mark a year-over-year decline of 12.97%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.99 billion, up 7.69% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $18.53 per share and revenue of $38.31 billion, indicating changes of -27.67% and 0%, respectively, compared to the previous year.

It is also important to note the recent changes to analyst estimates for Deere. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.42% lower. At present, Deere boasts a Zacks Rank of #4 (Sell).

From a valuation perspective, Deere is currently exchanging hands at a Forward P/E ratio of 24.52. For comparison, its industry has an average Forward P/E of 18.56, which means Deere is trading at a premium to the group.

We can also see that DE currently has a PEG ratio of 3.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Manufacturing - Farm Equipment industry had an average PEG ratio of 1.6.

The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. This industry, currently bearing a Zacks Industry Rank of 228, finds itself in the bottom 8% echelons of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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