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Deere (DE) Stock Moves -1.95%: What You Should Know
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Deere (DE - Free Report) ended the recent trading session at $663.31, demonstrating a -1.95% change from the preceding day's closing price. This change was narrower than the S&P 500's 4.36% loss on the day. Elsewhere, the Dow lost 3.44%, while the tech-heavy Nasdaq lost 5.52%.
Shares of the agricultural equipment manufacturer witnessed a gain of 2.99% over the previous month, beating the performance of the Industrial Products sector with its loss of 5.7%, and the S&P 500's loss of 0.38%.
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. It is anticipated that the company will report an EPS of $4.07, marking a 3.56% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $10.3 billion, showing a 2.59% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $18.11 per share and a revenue of $41.35 billion, representing changes of -2.11% and +6.25%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Deere. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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. The Zacks Consensus EPS estimate has moved 0.68% higher within the past month. Currently, Deere is carrying a Zacks Rank of #2 (Buy).
Investors should also note Deere's current valuation metrics, including its Forward P/E ratio of 28.91. This valuation marks a premium compared to its industry average Forward P/E of 21.93.
Also, we should mention that DE has a PEG ratio of 1.92. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Manufacturing - Farm Equipment stocks are, on average, holding a PEG ratio of 0.99 based on yesterday's closing prices.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 196, positioning it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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
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Deere (DE) Stock Moves -1.95%: What You Should Know
Deere (DE - Free Report) ended the recent trading session at $663.31, demonstrating a -1.95% change from the preceding day's closing price. This change was narrower than the S&P 500's 4.36% loss on the day. Elsewhere, the Dow lost 3.44%, while the tech-heavy Nasdaq lost 5.52%.
Shares of the agricultural equipment manufacturer witnessed a gain of 2.99% over the previous month, beating the performance of the Industrial Products sector with its loss of 5.7%, and the S&P 500's loss of 0.38%.
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. It is anticipated that the company will report an EPS of $4.07, marking a 3.56% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $10.3 billion, showing a 2.59% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $18.11 per share and a revenue of $41.35 billion, representing changes of -2.11% and +6.25%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Deere. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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. The Zacks Consensus EPS estimate has moved 0.68% higher within the past month. Currently, Deere is carrying a Zacks Rank of #2 (Buy).
Investors should also note Deere's current valuation metrics, including its Forward P/E ratio of 28.91. This valuation marks a premium compared to its industry average Forward P/E of 21.93.
Also, we should mention that DE has a PEG ratio of 1.92. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Manufacturing - Farm Equipment stocks are, on average, holding a PEG ratio of 0.99 based on yesterday's closing prices.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 196, positioning it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.