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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 82 (-1.31% today). The market cap for Deere & Company is 26554.73, and is in the sector Industrial Goods, and Farm & Construction Machinery industry. The target price for Deere & Company is 83.1. Currently Deere & Company is trading with a P/E of 16.63, and a forward P/E of 21.71. Average volume for Deere & Company is 3448.72 and so far today it is 194319.

Performance in the last year for Deere & Company has been 8.11%. For EPS growth, Deere & Company has seen a growth of -33.20%, and is looking to grow in the next year to -10.98%. More long term stats show that EPS growth has been 5.80% over the last five years and could be -2.74% for the next five years. Deere & Company has seen sales growth quarter over quarter at -11.40%, with EPS growth quarter over quarter at 1.10%. The 20-day simple moving average is 0.61%, with the 200-day simple moving average coming to 3.11%.

Since the IPO date for Deere & Company on the 6/1/1972, Deere & Company has seen performance year to date to be 10.59%. With Deere & Company trading at 82, the dividend yield is 2.89%, and the EPS is 5.

So could Deere & Company, be undervalued? Well as said before P/E is 16.63. The PEG is *TBA, P/S is 0.99 and the P/B is at 3.52. The P/cash is 6.15, 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 3.25, and total debt/equity at 5.01.

In terms of margins, Deere & Company has a gross margin of 30.90%, an operating margin of 11.10% and a profit margin of 5.90%.Payout ratio for Deere & Company is 47.80%. Return on assets come to 2.70% with return on investment coming to 5.80%.

Insider ownership for Deere & Company, is at 10.00% and institutional ownership comes to 73.90%. Outstanding shares are at 319.59. While shares float is 314.12. The float short is currently 9.36%, and short ratio is 8.52.

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

Mark Hines

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