Professional
Added to YB: 2025-01-20
Pitch date: 2025-01-16
DE [bullish]
Deere & Company
+44.6%
current return
Author Info
Nightview Capital is an investment management firm focused solely on publicly traded equities. Our approach is based on in-depth, fundamental research and a forward-looking, long-term perspective. Sign up for the newsletter.
Company Info
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Market Cap
$142.9B
Pitch Price
$439.30
Price Target
N/A
Dividend
1.22%
EV/EBITDA
23.36
P/E
29.98
EV/Sales
4.24
Sector
Machinery
Category
growth
Nightview Capital New Position: Deere & Company
DE: Evolving from machinery maker to ag-tech leader. Autonomous vehicles address labor shortages. See & Spray cut herbicide use 60% on 1M acres. Operations Center integrates machinery & data. 2024: $6.9B op cash flow, 18.2% margins despite lower volumes. Shifting to recurring revenue models. Long-term innovation leader in $T+ agriculture market.
Read full article (1 min)