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Is this Large Market Cap Stock target price reasonable for Deere & Company (NYSE:DE)?

The company in question is, Deere & Company (NYSE:DE) currently with a stock price of 78.64 (0.38% today). The market cap for Deere & Company is 24606.59, and is in the sector Industrial Goods, and Farm & Construction Machinery industry. The target price for Deere & Company is 77.78. Currently Deere & Company is trading with a P/E of 15.73, and a forward P/E of 21.77. Average volume for Deere & Company is 3290.57 and so far today it is 545663.

Performance in the last year for Deere & Company has been -15.50%. For EPS growth, Deere & Company has seen a growth of -33.20%, and is looking to grow in the next year to -7.12%. More long term stats show that EPS growth has been 5.80% over the last five years and could be 0.99% for the next five years. Deere & Company has seen sales growth quarter over quarter at -3.60%, with EPS growth quarter over quarter at -23.00%. The 20-day simple moving average is -3.94%, with the 200-day simple moving average coming to 0.11%.

Since the IPO date for Deere & Company on the 6/1/1972, Deere & Company has seen performance year to date to be 4.26%. With Deere & Company trading at 78.64, the dividend yield is 3.06%, and the EPS is 4.98.

So could Deere & Company, be undervalued? Well as said before P/E is 15.73. The PEG is 15.93, P/S is 0.89 and the P/B is at 3.45. The P/cash is 5.95, with P/free cash flow at *TBA.

Deere & Company ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 3.44, and total debt/equity at 5.29.

In terms of margins, Deere & Company has a gross margin of 30.00%, an operating margin of 10.70% and a profit margin of 5.80%.Payout ratio for Deere & Company is 47.90%. Return on assets come to 2.80% with return on investment coming to 5.80%.

Insider ownership for Deere & Company, is at 10.10% and institutional ownership comes to 84.50%. Outstanding shares are at 314.1. While shares float is 313.96. The float short is currently 9.67%, and short ratio is 9.22.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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