Jun. 16 at 4:52 PM
Is
$DE's premium valuation justified? 🤔
Despite a 20.3% YTD gain, Deere is trading at a lofty 24.46X forward earnings, above its 5-year median and industry peers like
$AGCO,
$CNH, and
$KMTUY. Weak FY25 guidance and downward earnings revisions signal caution ahead 📉.
See full analysis here 👉 https://www.zacks.com/commentary/2503986/deere-trading-at-a-premium-value-heres-how-to-play-the-stock?cid=sm-stocktwits-2-2503986-body&ADID=SYND_STOCKTWITS_TWEET_2_2503986_BODY