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Deere (DE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Deere (DE - Free Report) closed the most recent trading day at $678.79, moving -1.87% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.35%. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.39%.
The agricultural equipment manufacturer's shares have seen an increase of 6.36% over the last month, surpassing the Industrial Products sector's loss of 2.25% and the S&P 500's loss of 2.42%.
The investment community will be paying close attention to the earnings performance of Deere in its upcoming release. The company is slated to reveal its earnings on November 25, 2026. In that report, analysts expect Deere to post earnings of $4.07 per share. This would mark year-over-year growth of 3.56%. Alongside, our most recent consensus estimate is anticipating revenue of $10.3 billion, indicating a 2.59% downward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $18.11 per share and revenue of $41.35 billion. These totals would mark changes of -2.11% and +6.25%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Deere. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.04% higher. Currently, Deere is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Deere is presently being traded at a Forward P/E ratio of 29.56. This expresses a premium compared to the average Forward P/E of 22.07 of its industry.
One should further note that DE currently holds a PEG ratio of 1.96. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Manufacturing - Farm Equipment was holding an average PEG ratio of 1.31 at yesterday's closing price.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Deere (DE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Deere (DE - Free Report) closed the most recent trading day at $678.79, moving -1.87% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.35%. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.39%.
The agricultural equipment manufacturer's shares have seen an increase of 6.36% over the last month, surpassing the Industrial Products sector's loss of 2.25% and the S&P 500's loss of 2.42%.
The investment community will be paying close attention to the earnings performance of Deere in its upcoming release. The company is slated to reveal its earnings on November 25, 2026. In that report, analysts expect Deere to post earnings of $4.07 per share. This would mark year-over-year growth of 3.56%. Alongside, our most recent consensus estimate is anticipating revenue of $10.3 billion, indicating a 2.59% downward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $18.11 per share and revenue of $41.35 billion. These totals would mark changes of -2.11% and +6.25%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Deere. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.04% higher. Currently, Deere is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, Deere is presently being traded at a Forward P/E ratio of 29.56. This expresses a premium compared to the average Forward P/E of 22.07 of its industry.
One should further note that DE currently holds a PEG ratio of 1.96. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Manufacturing - Farm Equipment was holding an average PEG ratio of 1.31 at yesterday's closing price.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.