John Deere(DE) ZACKS·2025-03-21 22:46Company Performance - Deere's stock closed at 5.74, which represents a 32.71% decline compared to the same quarter last year [2] - Revenue is anticipated to be 19.30 per share and revenue of $37.96 billion, reflecting year-over-year declines of -24.67% and -15.2%, respectively [3] - Recent changes in analyst estimates for Deere suggest a shifting business landscape, with positive revisions indicating optimism about the company's outlook [3] Valuation Metrics - Deere's Forward P/E ratio stands at 24.72, which is higher than the industry average of 21.45, suggesting that Deere is trading at a premium [6] - The PEG ratio for Deere is currently 2.06, compared to the Manufacturing - Farm Equipment industry's average PEG ratio of 2.07 [7] Industry Ranking - The Manufacturing - Farm Equipment industry is part of the Industrial Products sector, which holds a Zacks Industry Rank of 82, placing it in the top 33% of over 250 industries [7] - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]