Deere & Company manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company was founded in 1837 and is based in Moline, Illinois.
DE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Deere & Co. To summarize, we found that Deere & Co ranked in the 62th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Deere & Co ended up being:
Deere & Co's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 5.11% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Deere & Co has a reliance on debt greater than 63.76% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
JBT, MTW, WLDN, GTLS, and HII can be thought of as valuation peers to DE, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
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