Deere & Co. (DE, Financial) experienced a notable change in its stock price, falling by 1.21%. The share price is now $399.81 with a trading volume of approximately 494,052 shares, a turnover rate of 0.18%, and a price fluctuation of 1.74%.
The company's latest financial report shows significant revenues of $13.155 billion and a net profit of $1.734 billion, translating to earnings per share of $6.32. The gross profit was reported at $5.271 billion, with a price-to-earnings ratio of 13.65. Among the 25 institutions providing ratings, 48% recommend a buy, 44% suggest holding, and 8% advise selling.
In the industrial distribution sector where Deere operates, the overall increase was 0.10%. Stocks with significant growth in this sector include Alamo, Titan International, and Urban-Gro, Inc., while active stocks are Nikola, Cea Industries Inc., and Alamo. Stocks with notable price swings include Xos Inc C/Wts, Titan International, and Alamo with fluctuations of 25.76%, 9.32%, and 8.08% respectively.
Deere is a global leader in the manufacture of agricultural equipment, producing some of the industry's most renowned machines. It operates through four segments: Production & Precision Agriculture, Small Agriculture & Turf, Construction & Forestry, and John Deere Capital. With a vast dealer network, Deere reaches over 2,000 dealers in North America and approximately 3,700 worldwide. John Deere Capital supports sales by offering wholesale financing to dealers and retail financing to customers.
