$1.09 EPS Expected for Deere & Company (DE)

January 21, 2018 - By Henry Gaston

 $1.09 EPS Expected for Deere & Company (DE)
Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.07, from 1 in 2017Q2. It is negative, as 64 investors sold Deere & Company shares while 312 reduced holdings. 69 funds opened positions while 281 raised stakes. 213.38 million shares or 1.82% more from 209.56 million shares in 2017Q2 were reported.
Baker Ellis Asset Mngmt Limited Liability Corp reported 5,161 shares stake. Horan Cap Advisors Ltd invested in 500 shares. Headinvest Limited Liability Company owns 2,340 shares or 0.1% of their US portfolio. Assetmark Incorporated owns 562 shares. 6,035 are held by Cap Innovations Ltd Liability Corporation. Eagle Asset Mgmt Inc reported 21,674 shares. Primecap Management Ca has invested 0.57% of its portfolio in Deere & Company (NYSE:DE). Balyasny Asset Management Limited Com invested in 25,534 shares. Cap Limited Ca invested in 2.08% or 250,900 shares. Estabrook has 0.06% invested in Deere & Company (NYSE:DE). Nichols Pratt Advisers Llp Ma reported 0.02% stake. Lipe And Dalton accumulated 2.32% or 26,258 shares. At Bankshares owns 7,670 shares. Guggenheim Ltd Liability Co invested 0.09% of its portfolio in Deere & Company (NYSE:DE). Buckingham Asset Mngmt Limited Liability Corporation holds 0.05% in Deere & Company (NYSE:DE) or 1,791 shares.

Since August 4, 2017, it had 0 buys, and 14 selling transactions for $30.44 million activity. 20,835 Deere & Company (NYSE:DE) shares with value of $3.15 million were sold by May John C II. von Pentz Markwart sold $2.65M worth of stock. Shares for $1.61 million were sold by Gilles Jean H. 22,095 shares were sold by Field James M., worth $3.76M. 10,220 shares were sold by Jones Mary K.W., worth $1.69M on Tuesday, January 9. Reed Cory J also sold $972,253 worth of Deere & Company (NYSE:DE) shares.

Analysts expect Deere & Company (NYSE:DE) to report $1.09 EPS on February, 16.They anticipate $0.48 EPS change or 78.69 % from last quarter’s $0.61 EPS. DE’s profit would be $350.21M giving it 39.06 P/E if the $1.09 EPS is correct. After having $1.57 EPS previously, Deere & Company’s analysts see -30.57 % EPS growth. The stock increased 1.44% or $2.42 during the last trading session, reaching $170.32. About 1.61M shares traded. Deere & Company (NYSE:DE) has risen 46.99% since January 21, 2017 and is uptrending. It has outperformed by 30.29% the S&P500.

Deere & Company (NYSE:DE) Ratings Coverage

Among 29 analysts covering Deere & Company (NYSE:DE), 12 have Buy rating, 3 Sell and 14 Hold. Therefore 41% are positive. Deere & Company had 114 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Deere & Company (NYSE:DE) earned “Hold” rating by Piper Jaffray on Monday, November 27. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, August 24. The firm has “Underweight” rating by Morgan Stanley given on Monday, August 24. As per Tuesday, January 9, the company rating was downgraded by Credit Suisse. The stock has “Neutral” rating by Piper Jaffray on Monday, May 23. As per Friday, June 3, the company rating was upgraded by Goldman Sachs. As per Tuesday, October 13, the company rating was maintained by BMO Capital Markets. The company was upgraded on Monday, October 31 by Robert W. Baird. Barclays Capital maintained Deere & Company (NYSE:DE) on Wednesday, October 12 with “Underweight” rating. The stock has “Market Perform” rating by William Blair on Thursday, June 1.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide. The company has market cap of $54.72 billion. The company??s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment comprising sprayers, and nutrient management and soil preparation machinery. It has a 25.5 P/E ratio. This segment also offers hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products.

More important recent Deere & Company (NYSE:DE) news were published by: Nasdaq.com which released: “Zacks Investment Ideas feature highlights: NVIDIA, Deere & Company and DXC …” on January 10, 2018, also Nasdaq.com published article titled: “Deere & Company (DE) Ex-Dividend Date Scheduled for December 28, 2017”, Zacks.com published: “Are Options Traders Betting on a Big Move in Deere & Company (DE) Stock …” on January 16, 2018. More interesting news about Deere & Company (NYSE:DE) was released by: Seekingalpha.com and their article: “Deere up another 3% after analyst meeting” with publication date: January 09, 2018.

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