DE Stock Summary and Trading Ideas (Deere | NYSE:DE)

Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture (PPA), small agriculture & turf (SAT), construction & forestry (CF), and financial services (FS), its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere financial provides retail financing for machinery to its customers and wholesale financing for dealers.

Deere trades on the NYSE stock market under the symbol DE.

As of April 8, 2025, DE stock price declined to $412.99 with 1,726,357 million shares trading.

DE has a beta of 0.76, meaning it tends to be less sensitive to market movements. DE has a correlation of 0.20 to the broad based SPY ETF.

DE has a market cap of $112.48 billion. This is considered a Large Cap stock.

Last quarter Deere reported $9 billion in Revenue and $3.19 earnings per share. This beat revenue expectation by $818 million and exceeded earnings estimates by $.08.

In the last 3 years, DE traded as high as $515.05 and as low as $283.81.

The top ETF exchange traded funds that DE belongs to (by Net Assets): VTI, VOO, IVV, SPY, VTV.

DE has outperformed the market in the last year with a return of +1.6%, while the SPY ETF lost -2.9%. In the last 3 month period, DE beat the market returning +0.3%, while SPY returned -15.4%. However, in the most recent 2 weeks DE has underperformed the stock market by returning -13.6%, while SPY returned -13.5%.

DE support price is $414.91 and resistance is $431.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DE shares will trade within this expected range on the day.