menu search

DE / Deere Stock Is Too Expensive (Rating Downgrade)

Deere Stock Is Too Expensive (Rating Downgrade)
Deere & Company has become a very expensive stock, with a market capitalization of almost $130 billion despite a low double-digit P/E. The company is clearly in an up-cycle with its earnings, which has supported its EPS substantially, but there's no guarantee it'll continue. Deere is one of the largest lawn care and heavy equipment manufacturers. We see the company as overvalued versus its long-term earnings risk, making it a poor investment. Read More
Posted: Jul 27 2023, 12:50
Author Name: Seeking Alpha
Views: 111035

DE News  

Unlock Massive Gains: 3 Tech Stocks With Outstanding Value Propositions for 2024

By InvestorPlace
November 2, 2023

Unlock Massive Gains: 3 Tech Stocks With Outstanding Value Propositions for 2024

Autonomous systems, AI, quantum computing, and other groundbreaking technologies continue to redefine the way we live and interact. For those searchin more_horizontal

Deere (DE) Rises Higher Than Market: Key Facts

By Zacks Investment Research
November 1, 2023

Deere (DE) Rises Higher Than Market: Key Facts

In the latest trading session, Deere (DE) closed at $370.47, marking a +1.4% move from the previous day. more_horizontal

Deere: Low Valuation, Rising Dividend Outweigh A Tepid Growth Trajectory

By Seeking Alpha
October 26, 2023

Deere: Low Valuation, Rising Dividend Outweigh A Tepid Growth Trajectory

Deere & Co. gets a buy rating with an attractive 11x P/E and rising dividend, but macro risks and slowing agricultural demand should be monitored. Dee more_horizontal

Wall Street Analysts Think Deere (DE) Is a Good Investment: Is It?

By Zacks Investment Research
October 26, 2023

Wall Street Analysts Think Deere (DE) Is a Good Investment: Is It?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brok more_horizontal

Deere (DE) Registers a Bigger Fall Than the Market: Important Facts to Note

By Zacks Investment Research
October 20, 2023

Deere (DE) Registers a Bigger Fall Than the Market: Important Facts to Note

Deere (DE) closed the most recent trading day at $375.15, moving -1.63% from the previous trading session. more_horizontal

3 Ag Stocks to Buy Instead of John Deere

By InvestorPlace
October 19, 2023

3 Ag Stocks to Buy Instead of John Deere

Most investors would say Deere (NYSE: DE ) comes to mind when thinking of agriculture stocks. It's hard not to think of its green combines and tractor more_horizontal

Deere (DE) Declines More Than Market: Some Information for Investors

By Zacks Investment Research
October 12, 2023

Deere (DE) Declines More Than Market: Some Information for Investors

Deere (DE) reachead $382.28 at the closing of the latest trading day, reflecting a -1.82% change compared to its last close. more_horizontal

3 Anti-AI Stocks for Old-Fashioned Investors

By InvestorPlace
October 11, 2023

3 Anti-AI Stocks for Old-Fashioned Investors

While innovations such as artificial intelligence have taken off, the “analog” segment of the market – the anti-AI stocks if you will – have f more_horizontal


Search within

Pages Search Results: