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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 108.8 (0.54% today). The market cap for Deere & Company is 34628.86, and is in the sector Industrial Goods, and Farm & Construction Machinery industry. The target price for Deere & Company is 109.3. Currently Deere & Company is trading with a P/E of 23.55, and a forward P/E of 19.51. Average volume for Deere & Company is 2235.47 and so far today it is 2014000.

Performance in the last year for Deere & Company has been 32.53%. For EPS growth, Deere & Company has seen a growth of -16.60%, and is looking to grow in the next year to 16.36%. More long term stats show that EPS growth has been -6.20% over the last five years and could be 20.06% for the next five years. Deere & Company has seen sales growth quarter over quarter at 1.80%, with EPS growth quarter over quarter at -24.40%. The 20-day simple moving average is -0.09%, with the 200-day simple moving average coming to 15.05%.

Since the IPO date for Deere & Company on the 06/01/1972, Deere & Company has seen performance year to date to be 6.18%. With Deere & Company trading at 108.8, the dividend yield is 2.21%, and the EPS is 4.62.

So could Deere & Company, be undervalued? Well as said before P/E is 23.55. The PEG is 1.17, P/S is 1.29 and the P/B is at 5.05. The P/cash is 8.9, with P/free cash flow at 133.24.

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 3.36, and total debt/equity at 5.07.

In terms of margins, Deere & Company has a gross margin of 27.70%, an operating margin of 12.00% and a profit margin of 5.50%.Payout ratio for Deere & Company is 51.70%. Return on assets come to 2.50% with return on investment coming to 5.30%.

Insider ownership for Deere & Company, is at 0.20% and institutional ownership comes to 80.10%. Outstanding shares are at 318.28. While shares float is 317.87. The float short is currently 4.94%, and short ratio is 7.03.

Graphs: Deere & Company NYSE: DE | Friday April 21, 2017

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Deere & Company NYSE: DE

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Deere & Company NYSE: DE

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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