Deere & Company (DE)
After hours:
| Previous close | 397.21 |
| Open | 397.55 |
| Bid | 392.12 x 1100 |
| Ask | 400.03 x 800 |
| Day's range | 392.37 - 397.76 |
| 52-week range | 345.55 - 450.00 |
| Volume | |
| Avg. volume | 1,555,583 |
| Market cap | 109.846B |
| Beta (5Y monthly) | 1.05 |
| PE ratio (TTM) | 11.50 |
| EPS (TTM) | 34.32 |
| Earnings date | 16 May 2024 |
| Forward dividend & yield | 5.88 (1.48%) |
| Ex-dividend date | 27 Mar 2024 |
| 1y target est | 421.50 |
ReutersCaterpillar, Deere inventories in focus as machinery demand plateaus
Equipment inventories will be in focus when Caterpillar, Deere and CNH Industrial report quarterly results in the coming weeks, as investors await clues on demand in what is expected to be a lukewarm year for the sector. Coming off of a strong 2023 where supply chain concerns and soaring demand prompted dealers to bulk up on tractors, combines and construction equipment, U.S. machinery makers are now seeing a moderation in product stocking at dealers, forcing them to tighten their inventories. "I do think inventories are going to be the most important data point ... whether it's construction equipment, mining, or agricultural, just at what level are those inventories at the retail channel?" said Oppenheimer analyst Kristen Owen.
Barrons.comDeere Peer CNH Announces CEO Departure. The Stock Is Falling.
Chief Executive Scott Wine is leaving the maker of agricultural machinery after three years at the helm.
ZacksDeere (DE) Stock Moves -0.07%: What You Should Know
In the most recent trading session, Deere (DE) closed at $400.32, indicating a -0.07% shift from the previous trading day.
