Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 22.85% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.86 would be kept by the premium seller. The risk of $8.14 would be incurred if the stock dropped below the $130.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Deere is bullish.
The RSI indicator is at 77.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Can 3M Maintain Dividend Growth?
Wed, 16 May 2018 15:05:10 +0000
3M (MMM) announced the key dates for its second-quarter dividend on May 8. Investors on record as of May 18, 2018, will be eligible for the dividend. 3M’s ex-dividend date is May 17. The dividend will be paid to shareholders on June 12. At the end of the first quarter, 3M had 612.7 million outstanding shares. Assuming that 3M doesn’t buy back any shares until the record date, it would pay ~$833.30 million in dividends in the second quarter. In the second quarter of 2017, 3M paid a dividend of $701 million.
What's In Store for Deere's (DE) Quarterly Earnings This Week?
Tue, 15 May 2018 22:34:10 +0000
Deere & Company (DE) saw its stock price dip on Tuesday as the company inches closer to the release of its quarterly financial results on Friday. This could be a sign that investors are nervous about the agricultural and construction equipment powerhouse. Let's take a look to see what they should really expect.
Will Strong Order Activity Drive Deere's (DE) Q2 Earnings?
Tue, 15 May 2018 21:49:09 +0000
Deere's (DE) Q2 performance anticipated to be driven by strong order activity and the Wirtgen acquisition despite tariff-plan challenges.
Deere’s Expected Fiscal Second-Quarter Revenues
Tue, 15 May 2018 18:05:02 +0000
Deere (DE) is expected to report revenues of $9.81 billion in the fiscal second quarter from its equipment operations. In the second fiscal quarter of 2017, Deere reported revenues of $7.26 billion from equipment operations. If Deere meets the revenue expectations, it would be the highest second quarter revenues since the second fiscal quarter of 2013.
Deere: Strong Adjusted Earnings Are Expected in Q2
Tue, 15 May 2018 16:35:02 +0000
Deere (DE) is expected to post an adjusted EPS (earnings per share) of $3.31 for the second fiscal quarter—an increase of 32.9% on a YoY (year-over-year) basis. In the second fiscal quarter of 2017, Deere reported an EPS of $2.49. Deere managed to beat analysts’ estimates in the first fiscal quarter.
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