Deere is the world's leading manufacturer of agricultural equipment with approximately $37 billion in annual revenue, including $3.6 billion from its financial services arm. The company is divided into two reportable segments: (1) agriculture and turf and (2) construction and forestry. Approximately 60% of Deere equipment is sold in North America and Canada. The principal products harvested by Deere equipment include grain, oilseeds, cotton, sugar, and biomass. In 2019, agriculture and turf made up approximately 68% of total revenue while construction and forestry generated 32%.
| Website: | www.deere.com |
| Main Phone: | +1 309 765-8000 |
| Address: | One John Deere Place |
| State: | IL |
| City / Town: | Moline |
| Country: | US |
| Postal Code: | 61265 |
| Exchange: | NYE |
| CEO: | John C. May |
| Employees: | 73500 |
| NAICS: | Farm Machinery and Equipment Manufacturing(333111) |
Quarterly profit came in at $2.57 per share, down 8.5% year-on-year compared with estimates of a 55% drop.
Farmers and ranchers are struggling to bring their goods to market because of coronavirus-led restrictions, crushing demand for equipment like harvesters and tractors.
The companies, whose policies have won the support of the UAW and other unions to run their facilities during the pandemic, offer a template for returning workers to idled factories in other sectors.
With cash ever harder to come by, manufacturers must cough up the money for the president's 25% tariffs on raw materials and parts imported from China.
With little clarity on when the U.S. economy will reopen, companies of all sizes have been bracing for at least months of limited revenues.
The outbreak is now classified as a pandemic and it’s doing widespread damage to critical economic sectors of the global economy.
Deere is outfitting tractors with startup Hello Tractor's technology to enable farmers to hail the machines via an app.
Improved pricing power along with lower production costs and warranty expenses led to a 7% annual increase in operating profit in farm and turf segment.
For the 2020 fiscal year, the federal budget deficit is expected to hit a massive $1 trillion—the first time in U.S. history that it will have expanded so rapidly in a time of peace and prosperity.
What are 181-year-old stalwarts like John Deere and Procter & Gamble doing at the world's largest technology show?
Deere is the world's leading manufacturer of agricultural equipment with approximately $37 billion in annual revenue, including $3.6 billion from its financial services arm. The company is divided into two reportable segments: (1) agriculture and turf and (2) construction and forestry. Approximately 60% of Deere equipment is sold in North America and Canada. The principal products harvested by Deere equipment include grain, oilseeds, cotton, sugar, and biomass. In 2019, agriculture and turf made up approximately 68% of total revenue while construction and forestry generated 32%.
| Website: | www.deere.com |
| Main Phone: | +1 309 765-8000 |
| Address: | One John Deere Place |
| State: | IL |
| City / Town: | Moline |
| Country: | US |
| Postal Code: | 61265 |
| Exchange: | NYE |
| CEO: | John C. May |
| Employees: | 73500 |
| NAICS: | Farm Machinery and Equipment Manufacturing(333111) |
Quarterly profit came in at $2.57 per share, down 8.5% year-on-year compared with estimates of a 55% drop.
Farmers and ranchers are struggling to bring their goods to market because of coronavirus-led restrictions, crushing demand for equipment like harvesters and tractors.
The companies, whose policies have won the support of the UAW and other unions to run their facilities during the pandemic, offer a template for returning workers to idled factories in other sectors.
With cash ever harder to come by, manufacturers must cough up the money for the president's 25% tariffs on raw materials and parts imported from China.
With little clarity on when the U.S. economy will reopen, companies of all sizes have been bracing for at least months of limited revenues.
The outbreak is now classified as a pandemic and it’s doing widespread damage to critical economic sectors of the global economy.
Deere is outfitting tractors with startup Hello Tractor's technology to enable farmers to hail the machines via an app.
Improved pricing power along with lower production costs and warranty expenses led to a 7% annual increase in operating profit in farm and turf segment.
For the 2020 fiscal year, the federal budget deficit is expected to hit a massive $1 trillion—the first time in U.S. history that it will have expanded so rapidly in a time of peace and prosperity.
What are 181-year-old stalwarts like John Deere and Procter & Gamble doing at the world's largest technology show?
| Last Price 219.25 | Change $ 2.73 | Change % 1.26 | Tick N/A |
| Bid 216.72 | Bid Size 100.00 | Ask 224.27 | Ask Size 100.00 |
| Open 214.95 | High 220.93 | Low 214.83 | Prev Close 216.52 |
| Last Trade | Volume 1.2 mi | 52 Wk Hi 225.39 | 52 Wk Low 106.14 |
| Market Cap 68.7 bi | Ex-Div Date | Div Rate 3.04 | Yield 1.3870 |
| Shares 313,374,767.00 | EPS (TTM) 8.59 | PE Ratio 25.50 | Exchange NYSE |
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| Last 3 Mo | Last 12 Mo | |
|---|---|---|
| Number of Insider Trades | 0 | 128 |
| Number of Buys | 0 | 74 |
| Number of Sells | 0 | 54 |
| Net Activity | 0 | 78126 |
| Last 10 Buys | Shares |
|---|---|
| Gregory R. Page | 1,000 |
| David B. Speer | 1,000 |
| David B. Speer | 1,000 |
| Last 10 Sell | Shares |
|---|---|
| Samuel R. Allen | 1,000 |
| Samuel R. Allen | 1,000 |
| Samuel R. Allen | 1,000 |
| Jean H. Gilles | 1,000 |
| Jean H. Gilles | 1,000 |
| Jean H. Gilles | 1,000 |
| Jean H. Gilles | 1,000 |
| Jean H. Gilles | 1,000 |
| Mary K. W. Jones | 1,000 |
| Max A. Guinn | 1,000 |
| Current | 1 Week Ago | 2 Weeks Ago | 3 Weeks Ago | |
|---|---|---|---|---|
| High Target Price Estimate | 200 | 200 | 200 | 200 |
| Low Target Price Estimate | 155 | 155 | 155 | 155 |
| Mean Target Price Estimate | 178.92 | 178.92 | 179.75 | 178.92 |
| Standard Deviation | 13.53 | 13.53 | 14.54 | 13.53 |
| Date of Most Recent Estimate | 06/05/18 | 05/21/18 | 05/21/18 | 06/05/18 |
| Form Type | Form Description | Pages | Date |
|---|---|---|---|
| 8-K | Report of unscheduled material events or corporate changes. | 6 | 2018-06-07 |
| 424B2 | Prospectus filed under Rule 424(b)(2) | 2 | 2018-06-05 |
| 424B2 | Prospectus filed under Rule 424(b)(2) | 4 | 2018-06-05 |
| 424B2 | Prospectus filed under Rule 424(b)(2) | 2 | 2018-06-05 |
| FWP | Free Writing Prospectus | 2 | 2018-06-04 |
| FWP | Free Writing Prospectus | 2 | 2018-06-04 |
| FWP | Free Writing Prospectus | 2 | 2018-06-04 |
| 424B3 | Prospectus filed under Rule 424(b)(3) | 4 | 2018-06-04 |
| 8-K | Report of unscheduled material events or corporate changes. | 3 | 2018-06-04 |
| 10-Q | Quarterly report with a continuing view of a company's financial position | 45 | 2018-05-31 |
| Current | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|
| Strong Buy | 10 | 9 | 7 | 8 |
| Moderate Buy | 2 | 2 | 2 | 2 |
| Hold | 4 | 5 | 6 | 7 |
| Moderate Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Mean Rec. | 1.59 | 1.72 | 1.9 | 1.91 |
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