Deere & Company (NYSE:DE), an agriculture-focused machinery company, has been in the limelight in recent times due to various market changes. The company's stocks have seen a dynamic flux with movements that include a decrease by 0.87%, an increase by 5%, and an overall surge in their financial performance. Their stock value has been appraised at typically high amounts, wavering between $380 and $400. A substantial institutional ownership contributes to DE's impressive performance, with an upsurge of 10% over the last week. Amid this, DE is marked as one of the notable stocks in
Bill Gates' portfolio, and has been referred to as a potential buy for its upcoming dividend. DE's analysts consider it an attractive investment as it appears undervalued.
Deere's stock gains have been coupled with improved financial performance and positive ratings, prompting potential investors. Even though it has dropped by about 20% in the last year, it is viewed as a promising dividend stock for the next five years. The upcoming Q3 earnings and DE's attractive lower P/E ratio are also areas of interest. However, there are indications of
market volatility affecting the stock negatively.
Deere Stocks DE News Analytics from Mon, 08 Apr 2024 07:00:00 GMT to Sat, 04 Jan 2025 00:40:15 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -2