Notable Stock to Watch: Deere & Company (NYSE:DE)

Notable Stock to Watch: Deere & Company (NYSE:DE)

Deere & Company (NYSE:DE) changed 3.84% to recent value of $149.23. The stock transacted 3452830 shares during most recent day however it has an average volume of 2205.09K shares. It spotted trading -12.84% off 52-week high price. On the other end, the stock has been noted 16.30% away from the low price over the last 52-weeks.

On Aug. 16, 2019, Deere & Company (NYSE:DE) declared net income of $899 million for the third quarter ended July 28, 2019, or $2.81 per share, compared with net income of $910 million, or $2.78 per share, for the quarter ended July 29, 2018. For the first nine months of the year, net income attributable to Deere & Company was $2.532 billion, or $7.87 per share, compared with $1.584 billion, or $4.82 per share, for the same period last year.

DE has a gross margin of 27.10% and an operating margin of 13.60% while its profit margin remained 8.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 40.60% for this year while earning per share for the next 5-years is expected to reach at 16.45%.

The company has 317.45M of outstanding shares and 316.29M shares were floated in the market.  The price moved ahead of -6.01% from the mean of 20 days, -6.56% from mean of 50 days SMA and performed -4.11% from mean of 200 days price. Company’s performance for the week was -3.62%, -8.58% for month and YTD performance remained 0.04%.

Posted in

William Payton

William Payton possesses over 7 years of investment experience, an M.B.A. from California State University, and is also certified in Risk Management Assurance. He is a self-taught investor and follows the value investing approach to picking stocks. William has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. Address: 4831 Elk Street, Irvine, California, USA Phone number: 949-757-9251 Email: William@surveypaid.info 

Leave a Reply

Your email address will not be published. Required fields are marked *