Deere & Company (DE) EPS Estimated At $1.41

November 14, 2017 - By Richard Conner

 Deere & Company (DE) EPS Estimated At $1.41
Investors sentiment increased to 1 in 2017 Q2. Its up 0.15, from 0.85 in 2017Q1. It is positive, as 39 investors sold Deere & Company shares while 332 reduced holdings. 110 funds opened positions while 261 raised stakes. 209.56 million shares or 1.26% less from 212.23 million shares in 2017Q1 were reported.
Public Employees Retirement Systems Of Ohio reported 245,268 shares stake. 86,628 are owned by Gofen And Glossberg Limited Liability Com Il. Schwerin Boyle Cap Mngmt has invested 0.74% in Deere & Company (NYSE:DE). 96,068 were accumulated by First Midwest Retail Bank Tru Division. Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.06% invested in Deere & Company (NYSE:DE). Brown Brothers Harriman & Com holds 149,928 shares or 0.1% of its portfolio. Asset Mngmt One Co stated it has 0.14% of its portfolio in Deere & Company (NYSE:DE). Advantus Mngmt, a Minnesota-based fund reported 29,675 shares. Moreover, Winfield Associates Inc has 0.02% invested in Deere & Company (NYSE:DE). 465,605 were reported by Commercial Bank Of Montreal Can. Park Corporation Oh invested in 0.03% or 3,880 shares. Twin Tree L P has 69,868 shares for 0.07% of their portfolio. Capital Counsel accumulated 2,655 shares. State Of New Jersey Common Pension Fund D accumulated 25,000 shares or 0.01% of the stock. 8,935 were reported by Pacific Mngmt.

Since May 19, 2017, it had 0 insider buys, and 6 sales for $13.15 million activity. May John C II sold 19,907 shares worth $2.50 million. Howze Marc A had sold 6,624 shares worth $792,135. $7.84 million worth of stock was sold by ALLEN SAMUEL R on Thursday, June 1.

Analysts await Deere & Company (NYSE:DE) to report earnings on November, 22 before the open. They expect $1.41 EPS, up 56.67 % or $0.51 from last year’s $0.9 per share. DE’s profit will be $453.08 million for 23.49 P/E if the $1.41 EPS becomes a reality. After $1.97 actual EPS reported by Deere & Company for the previous quarter, Wall Street now forecasts -28.43 % negative EPS growth. About 789,595 shares traded. Deere & Company (NYSE:DE) has risen 46.99% since November 14, 2016 and is uptrending. It has outperformed by 30.29% the S&P500.

Deere & Company (NYSE:DE) Ratings Coverage

Among 27 analysts covering Deere & Company (NYSE:DE), 8 have Buy rating, 4 Sell and 15 Hold. Therefore 30% are positive. Deere & Company had 94 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Longbow on Friday, November 25. The stock of Deere & Company (NYSE:DE) has “Neutral” rating given on Monday, November 28 by Piper Jaffray. Barclays Capital maintained Deere & Company (NYSE:DE) rating on Monday, August 22. Barclays Capital has “Underweight” rating and $63 target. The rating was maintained by Piper Jaffray with “Hold” on Friday, September 29. The company was initiated on Friday, September 25 by Barclays Capital. The firm has “Buy” rating given on Wednesday, February 24 by Argus Research. The firm has “Hold” rating by Deutsche Bank given on Wednesday, September 7. On Tuesday, January 24 the stock rating was initiated by Berenberg with “Sell”. The rating was maintained by Piper Jaffray with “Hold” on Friday, August 25. BMO Capital Markets upgraded the stock to “Outperform” rating in Tuesday, May 24 report.

Deere & Company is engaged in equipment operations. The company has market cap of $42.58 billion. The Firm is engaged in providing financial services. It has a 22.14 P/E ratio. The Firm operates through three business divisions: agriculture and turf, construction and forestry, and financial services.

More news for Deere & Company (NYSE:DE) were recently published by: Desmoinesregister.com, which released: “Deere wins lawsuit barring competitor from using iconic green-yellow combo” on October 17, 2017. Prnewswire.com‘s article titled: “Deere earns Company of the Year Award from Society of Hispanic Professional …” and published on November 10, 2017 is yet another important article.

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