DE Stock Trading at a Premium Value: Should You Buy, Sell or Hold?
Portfolio Pulse from
Deere & Company (DE) is trading at a forward 12-month earnings multiple of 22.42X, which is a 12% premium compared to the industry average and higher than its five-year median.
December 09, 2024 | 9:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Deere & Company is trading at a forward 12-month earnings multiple of 22.42X, which is a 12% premium to the industry average and higher than its five-year median.
The stock is trading at a premium compared to both the industry average and its historical median, which may indicate that it is overvalued. This could lead to a short-term price correction as investors reassess its valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100