(DE) Deere - Ratings and Ratios

Deere & Company is a global leader in the manufacture and distribution of equipment for agriculture, construction, and forestry. The companys diversified product portfolio is designed to meet the evolving needs of farmers, contractors, and other equipment users. With a strong presence in the global market, Deere & Companys products are known for their high quality, precision, and reliability.

The companys four business segments - Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services - work together to provide a comprehensive range of products and services to customers. The Production and Precision Agriculture segment is a key driver of the companys growth, with a focus on innovative technologies such as precision agriculture and autonomous farming equipment. The Construction and Forestry segment also offers a wide range of equipment, including heavy machinery and attachments, to support infrastructure development and forestry operations.

Deere & Companys Financial Services segment plays a critical role in supporting the companys equipment sales by providing financing options to customers and dealers. The segment offers a range of financial products, including wholesale financing, retail financing, and insurance products, to help customers manage their equipment investments. With a strong track record of innovation and customer support, Deere & Company is well-positioned to capitalize on emerging trends in the agriculture and construction industries.

Based on the current technical and fundamental data, Deere & Companys stock is likely to continue its upward trend. The stocks SMA20 and SMA50 are trending upwards, indicating a strong short-term and medium-term outlook. The ATR of 11.94, or 2.36%, suggests that the stock is experiencing moderate volatility. With a P/E ratio of 22.57 and a forward P/E of 27.78, the stock is reasonably valued compared to its earnings growth prospects. The companys strong RoE of 27.31% indicates a high level of profitability. Given these factors, a forecast for the stock price could be in the range of $550-$580 in the next 6-12 months, representing a potential upside of 8-14% from current levels.