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How to buy Deere (DE) stocks in Canada

Learn how to easily invest in Deere stocks.

Deere
NYSE: DE - USD
$313.39
- $51.23 ( - 14.05%)
FARM & HEAVY CONSTRUCTION MACHINERY

Deere is a farm & heavy construction machinery business based in the US. Deere stocks (DE.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $347 – a decrease of 0.56% over the previous week. Deere employs 75,550 staff and has a trailing 12-month revenue of around $44.4 billion.

How to buy stocks in Deere

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Deere stock price (NYSE:DE)

Use our graph to track the performance of DE stocks over time.

Deere shares at a glance

Information last updated 2022-05-20.
Latest market close$364.62
52-week range$318.34 - $446.76
50-day moving average $401.45
200-day moving average $370.63
Wall St. target price$437.83
PE ratio 20.1804
Dividend yield $3.9 (1.14%)
Earnings per share (TTM) $18.07

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy Deere stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Deere price performance over time

Historical closes compared with the close of $364.62 from 2022-05-19

1 week (2022-05-11) 0.16%
1 month (2022-04-20) -16.64%
3 months (2022-02-18) -1.21%
6 months (2021-11-19) 5.34%
1 year (2021-05-21) 1.35%
2 years (2020-05-21) 155.32%
3 years (2019-05-21) 162.52%
5 years (2017-05-19) 201.59%

Is Deere under- or over-valued?

Valuing Deere stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Deere's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Deere's P/E ratio

Deere's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Deere shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Deere's PEG ratio

Deere's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5235. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Deere's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Deere's EBITDA

Deere's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $8.2 billion.

The EBITDA is a measure of a Deere's overall financial performance and is widely used to measure a its profitability.

Deere financials

Revenue TTM $44.4 billion
Operating margin TTM 16.55%
Gross profit TTM $12.2 billion
Return on assets TTM 5.93%
Return on equity TTM 35.4%
Profit margin 12.7%
Book value $58.03
Market capitalisation $111.9 billion

TTM: trailing 12 months

Deere's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Deere.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Deere's total ESG risk score

Total ESG risk: 26.81

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Deere's overall score of 26.81 (as at 01/01/2019) is pretty good – landing it in it in the 23rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Deere is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Deere's environmental score

Environmental score: 8.89/100

Deere's environmental score of 8.89 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Deere is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Deere's social score

Social score: 15.47/100

Deere's social score of 15.47 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Deere is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Deere's governance score

Governance score: 10.45/100

Deere's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Deere is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Deere's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Deere scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Deere has, for the most part, managed to keep its nose clean.

Deere share dividends

22%

Dividend payout ratio: 22.45% of net profits

Recently Deere has paid out, on average, around 22.45% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Deere shareholders could enjoy a 1.14% return on their shares, in the form of dividend payments. In Deere's case, that would currently equate to about $3.9 per share.

While Deere's payout ratio might seem low, this can signify that Deere is investing more in its future growth.

Deere's most recent dividend payout was on 9 May 2022. The latest dividend was paid out to all shareholders who bought their shares by 30 March 2022 (the "ex-dividend date").

Have Deere's shares ever split?

Deere's shares were split on a 2:1 basis on 4 December 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Deere shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Deere shares which in turn could have impacted Deere's share price.

Deere share price volatility

Over the last 12 months, Deere's shares have ranged in value from as little as $318.3374 up to $446.76. A popular way to gauge a stock's volatility is its "beta".

DE.US volatility(beta: 1.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Deere's is 1.0228. This would suggest that Deere's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Deere overview

Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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