Professional
Added to YB: 2025-01-20
Pitch date: 2025-01-16
DE [bullish]
Deere & Company
+20.63%
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
$156.8B
Pitch Price
$440.48
Price Target
N/A
Dividend
1.12%
EV/EBITDA
24.30
P/E
32.73
EV/Sales
4.60
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.
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