Deere & Company (DE) Competitors

$393.33
-0.73 (-0.19%)
(As of 04/26/2024 ET)

DE vs. ETN, ABBNY, ITW, PH, CTAS, EMR, GWW, CAT, JCI, and FERG

Should you be buying Deere & Company stock or one of its competitors? The main competitors of Deere & Company include Eaton (ETN), ABB (ABBNY), Illinois Tool Works (ITW), Parker-Hannifin (PH), Cintas (CTAS), Emerson Electric (EMR), W.W. Grainger (GWW), Caterpillar (CAT), Johnson Controls International (JCI), and Ferguson (FERG). These companies are all part of the "industrial products" sector.

Deere & Company vs.

Deere & Company (NYSE:DE) and Eaton (NYSE:ETN) are both large-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, media sentiment, community ranking, profitability, institutional ownership, dividends, earnings, analyst recommendations and valuation.

Deere & Company has a net margin of 16.38% compared to Eaton's net margin of 13.88%. Deere & Company's return on equity of 44.60% beat Eaton's return on equity.

Company Net Margins Return on Equity Return on Assets
Deere & Company16.38% 44.60% 9.78%
Eaton 13.88%20.05%9.88%

Deere & Company has higher revenue and earnings than Eaton. Deere & Company is trading at a lower price-to-earnings ratio than Eaton, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Deere & Company$61.25B1.79$10.17B$34.3411.45
Eaton$23.20B5.59$3.22B$8.0240.44

Deere & Company received 248 more outperform votes than Eaton when rated by MarketBeat users. However, 66.57% of users gave Eaton an outperform vote while only 65.33% of users gave Deere & Company an outperform vote.

CompanyUnderperformOutperform
Deere & CompanyOutperform Votes
1144
65.33%
Underperform Votes
607
34.67%
EatonOutperform Votes
896
66.57%
Underperform Votes
450
33.43%

68.6% of Deere & Company shares are owned by institutional investors. Comparatively, 83.0% of Eaton shares are owned by institutional investors. 0.3% of Deere & Company shares are owned by insiders. Comparatively, 0.5% of Eaton shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Deere & Company presently has a consensus price target of $433.28, indicating a potential upside of 10.16%. Eaton has a consensus price target of $295.60, indicating a potential downside of 8.85%. Given Deere & Company's higher possible upside, equities research analysts plainly believe Deere & Company is more favorable than Eaton.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Deere & Company
0 Sell rating(s)
9 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.50
Eaton
1 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.67

Deere & Company pays an annual dividend of $5.88 per share and has a dividend yield of 1.5%. Eaton pays an annual dividend of $3.76 per share and has a dividend yield of 1.2%. Deere & Company pays out 17.1% of its earnings in the form of a dividend. Eaton pays out 46.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Deere & Company is clearly the better dividend stock, given its higher yield and lower payout ratio.

Deere & Company has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Comparatively, Eaton has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.

In the previous week, Deere & Company had 6 more articles in the media than Eaton. MarketBeat recorded 23 mentions for Deere & Company and 17 mentions for Eaton. Eaton's average media sentiment score of 0.88 beat Deere & Company's score of 0.74 indicating that Eaton is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Deere & Company
10 Very Positive mention(s)
6 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Eaton
9 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Deere & Company and Eaton tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DE vs. The Competition

MetricDeere & CompanyFarm machinery & equipment IndustryIndustrial SectorNYSE Exchange
Market Cap$109.49B$24.37B$8.98B$17.47B
Dividend Yield1.49%1.05%2.09%3.55%
P/E Ratio11.4512.9521.1325.14
Price / Sales1.791.219.0810.49
Price / Cash9.339.7432.9317.65
Price / Book5.202.633.804.87
Net Income$10.17B$2.31B$452.87M$964.96M
7 Day Performance-1.75%-1.88%0.88%1.90%
1 Month Performance-3.89%-5.81%-4.11%-3.08%
1 Year Performance5.78%-3.99%11.35%96.69%

Deere & Company Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ETN
Eaton
4.4326 of 5 stars
$308.94
-0.4%
$295.60
-4.3%
+93.1%$123.42B$23.20B38.5294,000Upcoming Earnings
Dividend Announcement
News Coverage
ABBNY
ABB
0 of 5 stars
$48.37
+5.6%
N/A+35.3%$86.19B$32.24B24.1950,300Gap Up
ITW
Illinois Tool Works
4.3873 of 5 stars
$248.83
-0.3%
$257.00
+3.3%
+3.2%$74.34B$16.11B25.5545,000Upcoming Earnings
Short Interest ↓
Analyst Revision
PH
Parker-Hannifin
4.5953 of 5 stars
$538.09
-0.5%
$515.38
-4.2%
+71.2%$69.10B$19.07B26.6462,730Upcoming Earnings
Dividend Increase
News Coverage
Positive News
CTAS
Cintas
4.6732 of 5 stars
$662.44
-0.9%
$661.21
-0.2%
+47.8%$67.15B$8.82B45.7544,500Positive News
EMR
Emerson Electric
4.6555 of 5 stars
$109.31
-0.5%
$116.25
+6.3%
+32.7%$62.68B$15.91B5.6967,000Short Interest ↑
Analyst Revision
News Coverage
GWW
W.W. Grainger
3.9605 of 5 stars
$937.24
-1.3%
$913.89
-2.5%
+33.4%$46.05B$16.48B25.8826,000Earnings Report
Dividend Increase
Analyst Downgrade
Analyst Revision
News Coverage
CAT
Caterpillar
4.5158 of 5 stars
$357.93
-0.1%
$307.56
-14.1%
+60.2%$178.75B$67.06B17.77113,200Earnings Report
Analyst Report
News Coverage
JCI
Johnson Controls International
4.609 of 5 stars
$63.77
+0.1%
$64.50
+1.1%
+9.7%$43.46B$26.79B20.77100,000Upcoming Earnings
FERG
Ferguson
1.1498 of 5 stars
$209.54
-0.9%
$166.50
-20.5%
+54.4%$42.50B$29.73B24.3735,000News Coverage

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This page (NYSE:DE) was last updated on 4/28/2024 by MarketBeat.com Staff

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