Latest news with #DE
Yahoo
2 days ago
- Business
- Yahoo
Deere & Company (DE): A Bull Case Theory
We came across a bullish thesis on Deere & Company (DE) on Best Anchor Stocks' Substack. In this article, we will summarize the bulls' thesis on DE. Deere & Company (DE)'s share was trading at $507.99 as of 28th May. DE's trailing and forward P/E were 24.54 and 27.62 respectively according to Yahoo Finance. Pixabay/Public Domain Deere & Company recently posted impressive quarterly results, beating both revenue and EPS expectations by double digits, with EPS surprises averaging 16% across nine of the last ten quarters. Despite being a cyclical business, Deere continues to outperform due to structurally higher profitability that the market may still be underestimating. The standout this quarter was an 18% operating margin—only 200 bps below levels seen when revenues were 19% higher—highlighting robust cost controls and favorable mix, even as the company remains near a cycle trough. Management maintained full-year margin guidance at 14.5%, despite strong results, citing cautious expectations around tariff impacts in H2. Deere is forecasting a return to sales growth in Q4 for the first time in nine quarters, hinting that the bottom of the ag cycle may already be behind us. Potential catalysts include a new Farm Bill and trade deals that could further support demand. Meanwhile, Deere continues aggressive buybacks—$2.4 billion over the past year—reducing share count by 4%, setting the company up for strong EPS growth driven by higher margins, revenue recovery, and fewer outstanding shares. On the call, management highlighted growing tariff headwinds, mostly affecting its construction division, but also emphasized long-term U.S. investment and a competitive edge via Deere's captive financing arm. Technologically, Deere is expanding its ag tech stack into construction and growing its SaaS footprint, with adoption and renewal rates supporting a long-term shift to recurring revenue. Despite trading near all-time highs, Deere's strong fundamentals, margin resilience, and tech leadership suggest continued upside, with Brazil as a growing tailwind. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of their bullish thesis on Danaher Corporation (DNH). Deere & Company (DE) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 53 hedge fund portfolios held DE at the end of the first quarter which was 57 in the previous quarter. While we acknowledge the risk and potential of DE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than DE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Daily Express
3 days ago
- Politics
- Daily Express
Sipitang folks urge probe on volleyball court renovation
Published on: Thursday, May 29, 2025 Published on: Thu, May 29, 2025 By: Ahmad Apong Text Size: The volleyball courts under renovation. SIPITANG: Kampung Kaban residents want the Youth and Sports Ministry to investigate the renovation of a volleyball court carried out by a contractor which the community claim was done without their consultation or proper authorisation. The situation is further complicated by the location of the renovated court, which sits within the grounds of a church currently under construction that may eventually be demolished. The community's frustration stems not only from the lack of consultation but also from the apparent waste of resources on unnecessary repairs while genuine maintenance needs go unaddressed. Parti Bersatu Rakyat Sabah (PBRS) Wanita Executive Committee Member cum Sindumin PBRS Wanita Chief Maria Samuel said the contractor began work without informing residents or the Federal Village Development and Security Committee. Subscribe or LOG IN to access this article. Support Independant Journalism Subscribe to Daily Express Malaysia Access to DE E-Paper Access to DE E-Paper Exclusive News Exclusive News Invites to special events Invites to special events Giveaways & Rewards 1-Year Most Popular (Income Tax Deductible) Explore Plans Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Globe and Mail
3 days ago
- Business
- Globe and Mail
Deere & Company Announces Quarterly Dividend
MOLINE, Ill. , May 28, 2025 /CNW/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable August 8, 2025 , to stockholders of record on June 30, 2025 .
Yahoo
4 days ago
- Business
- Yahoo
Was Jim Cramer Right About Deere & Company (DE)?
We recently published a list of In this article, we are going to take a look at where Deere & Company (NYSE:DE) stands against other stocks that Jim Cramer discusses. In that older episode, Jim Cramer brought up Deere & Company (NYSE:DE) in response to its ongoing struggle with market perception despite consistently beating earnings and revenue estimates. He analyzed the stock's performance and gave his long-term outlook for the stock, saying: 'What do we do with the stock of Deere, America's number one maker of farm equipment? It keeps reporting great results and then what does it do? It slashes its full-year forecast. Cramer nailed this call with Deere rallying 33.08% since then. Deere & Company (NYSE:DE) continues to redefine precision agriculture with innovative smart machinery and a strategic push into automation and sustainability. A combine harvesting crops, showing the capabilities of the company's agriculture equipment. Addressing the company in February this year, Cramer highlighted the impact of Trump's tariffs on the stock and how he thinks the stock will keep climbing. Here's what he said on two occasions: 'By the way farm equipment. . . the tariff on Deere is way too high. Because I tried to buy Deere. It's like ridiculous how expensive it is in Europe.' Overall, DE ranks 10th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of DE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Was Jim Cramer Right About Deere & Company (DE)?
We recently published a list of In this article, we are going to take a look at where Deere & Company (NYSE:DE) stands against other stocks that Jim Cramer discusses. In that older episode, Jim Cramer brought up Deere & Company (NYSE:DE) in response to its ongoing struggle with market perception despite consistently beating earnings and revenue estimates. He analyzed the stock's performance and gave his long-term outlook for the stock, saying: 'What do we do with the stock of Deere, America's number one maker of farm equipment? It keeps reporting great results and then what does it do? It slashes its full-year forecast. Cramer nailed this call with Deere rallying 33.08% since then. Deere & Company (NYSE:DE) continues to redefine precision agriculture with innovative smart machinery and a strategic push into automation and sustainability. A combine harvesting crops, showing the capabilities of the company's agriculture equipment. Addressing the company in February this year, Cramer highlighted the impact of Trump's tariffs on the stock and how he thinks the stock will keep climbing. Here's what he said on two occasions: 'By the way farm equipment. . . the tariff on Deere is way too high. Because I tried to buy Deere. It's like ridiculous how expensive it is in Europe.' Overall, DE ranks 10th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of DE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
