We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Deere (DE - Free Report) ended the recent trading session at $643.62, demonstrating a +1.11% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
The agricultural equipment manufacturer's stock has dropped by 10.28% in the past month, falling short of the Industrial Products sector's loss of 2.24% and the S&P 500's loss of 0.03%.
Analysts and investors alike will be keeping a close eye on the performance of Deere in its upcoming earnings disclosure. The company's earnings report is set to go public on November 25, 2026. On that day, Deere is projected to report earnings of $4.07 per share, which would represent year-over-year growth of 3.56%. Our most recent consensus estimate is calling for quarterly revenue of $10.3 billion, down 2.59% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $18.11 per share and a revenue of $41.35 billion, indicating changes of -2.11% and +6.25%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Deere. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an 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. Within the past 30 days, our consensus EPS projection has moved 0.05% lower. Deere is currently a Zacks Rank #3 (Hold).
Digging into valuation, Deere currently has a Forward P/E ratio of 35.15. Its industry sports an average Forward P/E of 18.92, so one might conclude that Deere is trading at a premium comparatively.
Also, we should mention that DE has a PEG ratio of 2.33. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Manufacturing - Farm Equipment industry was having an average PEG ratio of 0.98.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 105, putting it in the top 43% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Why the Market Dipped But Deere (DE) Gained Today
Deere (DE - Free Report) ended the recent trading session at $643.62, demonstrating a +1.11% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
The agricultural equipment manufacturer's stock has dropped by 10.28% in the past month, falling short of the Industrial Products sector's loss of 2.24% and the S&P 500's loss of 0.03%.
Analysts and investors alike will be keeping a close eye on the performance of Deere in its upcoming earnings disclosure. The company's earnings report is set to go public on November 25, 2026. On that day, Deere is projected to report earnings of $4.07 per share, which would represent year-over-year growth of 3.56%. Our most recent consensus estimate is calling for quarterly revenue of $10.3 billion, down 2.59% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $18.11 per share and a revenue of $41.35 billion, indicating changes of -2.11% and +6.25%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Deere. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an 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. Within the past 30 days, our consensus EPS projection has moved 0.05% lower. Deere is currently a Zacks Rank #3 (Hold).
Digging into valuation, Deere currently has a Forward P/E ratio of 35.15. Its industry sports an average Forward P/E of 18.92, so one might conclude that Deere is trading at a premium comparatively.
Also, we should mention that DE has a PEG ratio of 2.33. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Manufacturing - Farm Equipment industry was having an average PEG ratio of 0.98.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 105, putting it in the top 43% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.