Deere & Company shares have returned 11.4% over the past month, compared with a 2% gain for the Zacks S&P 500 composite. The agricultural equipment maker is expected to post earnings of $4.82 per share for the current quarter, a 1.5% year-over-year increase, though the Zacks Consensus Estimate has fallen 6% over the last 30 days. For the current fiscal year, the consensus earnings estimate is $18.13, down 2% from the prior year, while the next fiscal year estimate of $22.81 implies 25.8% growth. Deere carries a Zacks Rank #3 (Hold) and a Value Style Score of D, indicating it trades at a premium to peers.
Deere & CompanyArticle reports past price outperformance and analyst estimates, but no fundamental catalyst; Zacks Rank #3 (Hold) and Value Style Score D indicate mixed valuation signals.