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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 80.31 (-2.32% today). The market cap for Deere & Company is 25909.99, and is in the sector Industrial Goods, and Farm & Construction Machinery industry. The target price for Deere & Company is 78.05. Currently Deere & Company is trading with a P/E of 16.51, and a forward P/E of 22.38. Average volume for Deere & Company is 3067.26 and so far today it is 2111213.

Performance in the last year for Deere & Company has been -10.59%. For EPS growth, Deere & Company has seen a growth of -33.20%, and is looking to grow in the next year to -5.21%. 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 -2.62%, with the 200-day simple moving average coming to 2.40%.

Since the IPO date for Deere & Company on the 6/1/1972, Deere & Company has seen performance year to date to be 9.43%. With Deere & Company trading at 80.31, the dividend yield is 2.92%, and the EPS is 4.98.

So could Deere & Company, be undervalued? Well as said before P/E is 16.51. The PEG is 16.71, P/S is 0.94 and the P/B is at 3.62. The P/cash is 6.27, 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 84.30%. Outstanding shares are at 315.13. While shares float is 313.96. The float short is currently 10.12%, and short ratio is 10.36.

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.

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Stephen Butters

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