Skip to main content

The Globe and Mail

Stock analysis: For first time in three years, Deere gets a perfect score

In this April 2, 2012 file photo, Derek Long uses a John Deere tractor to disk and cultivate a field in preparation for planting corn in Loami, Ill.

Seth Perlman/AP

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries. Globe Unlimited subscribers get unlimited access to these reports from about 7,000 companies, which normally retail for $25 each.

Deere & Co. last week reported fiscal fourth-quarter earnings that were better than analysts had estimated and the company forecast revenue declines for next year that were more modest than many on the Street had expected.

But the farm and construction equipment manufacturer, considered a cyclical stock, is facing a slowdown in the farm economy that may result in waning demand for its products.

Story continues below advertisement

This report provides a detailed analysis that investors may want to review before buying or selling the stock.

StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. Deere's average score had risen by one notch over the past week to a three-year high of 10 out of 10. The recent change in the average score was primarily due to an improvement in the earnings and price momentum component scores.

Read more in this comprehensive report.

Read other reports here.

Report an error
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨