Deere (DE) closed at $515.17 in the latest trading session, marking a +1.87% move from the prior day. This move outpaced the S&P 500's daily gain of 0.78%. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 0.61%. Shares of the agricultural equipment manufacturer witnessed a loss of 1.64% over the previous month, trailing the performance of the Industrial Products sector with its gain of 8.59%, and the S&P 500's gain of 5.88%.Analysts and investors alike will be keeping a close eye on the pe ...

Company Overview - Deere's stock closed at $499.14, reflecting a -1.69% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.54% [1] - The stock has decreased by 3.29% over the past month, while the Industrial Products sector gained 5.35% and the S&P 500 increased by 4.2% [1] Earnings Expectations - The upcoming earnings release is anticipated, with expected EPS of $4.62, representing a 26.55% decline from the same quarter last year [2] - Revenue is projected at $10.26 billion, indicating a 9.92% decrease compared to the equivalent quarter last year [2] - Full-year estimates predict earnings of $18.84 per share and revenue of $38.05 billion, reflecting year-over-year changes of -26.46% and -14.99%, respectively [3] Analyst Estimates and Stock Performance - Recent modifications to analyst estimates are crucial as they indicate changing business trends, with positive revisions suggesting confidence in performance [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Deere at 3 (Hold), with a recent upward shift of 0.08% in the EPS estimate [6] Valuation Metrics - Deere's Forward P/E ratio stands at 26.95, which is a premium compared to the industry average of 20.49 [7] - The PEG ratio is currently at 3.22, aligning with the average PEG ratio of the Manufacturing - Farm Equipment industry [7] Industry Context - The Manufacturing - Farm Equipment industry is part of the Industrial Products sector and holds a Zacks Industry Rank of 203, placing it in the bottom 18% of over 250 industries [8] - The Zacks Industry Rank evaluates the performance potential of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Group 1: Stock Performance - Deere's stock increased by 1.94% to $519.20, outperforming the S&P 500's daily gain of 0.28% [1] - Over the past month, Deere's shares declined by 2.21%, underperforming the Industrial Products sector's gain of 5.67% and the S&P 500's gain of 4.37% [1] Group 2: Earnings Projections - Deere is projected to report earnings of $4.6 per share, reflecting a year-over-year decline of 26.87% [2] - Revenue is expected to be $10.21 billion, indicating a 10.32% drop compared to the same quarter last year [2] Group 3: Fiscal Year Estimates - For the fiscal year, earnings are estimated at $18.82 per share and revenue at $38.05 billion, representing declines of 26.54% and 14.99% respectively from the previous year [3] - Recent changes in analyst estimates may indicate evolving short-term business trends, with positive revisions suggesting a favorable outlook on business health and profitability [3] Group 4: Zacks Rank and Valuation - Deere currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining stagnant over the past month [5] - The Forward P/E ratio for Deere is 27.06, which is higher than the industry average of 21.81, indicating that Deere is trading at a premium [6] Group 5: PEG Ratio and Industry Ranking - Deere has a PEG ratio of 3.23, which is in line with the average PEG ratio of the Manufacturing - Farm Equipment industry [7] - The Manufacturing - Farm Equipment industry is ranked 174 in the Zacks Industry Rank, placing it in the bottom 30% of over 250 industries [7][8]

Company Performance - Lindsay (LNN) reported quarterly earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.36 per share, and up from $1.41 per share a year ago, representing an earnings surprise of +30.88% [1] - The company posted revenues of $169.46 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 4.60%, and an increase from year-ago revenues of $139.2 million [2] - Over the last four quarters, Lindsay has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Lindsay shares have increased approximately 16% since the beginning of the year, outperforming the S&P 500's gain of 3.6% [3] - The current consensus EPS estimate for the upcoming quarter is $1.20 on revenues of $161.38 million, and for the current fiscal year, it is $6.57 on revenues of $676.71 million [7] Industry Outlook - The Manufacturing - Farm Equipment industry, to which Lindsay belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Lindsay's stock performance [5]

Company Overview - Alamo Group (ALG) currently has a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company is rated 2 (Buy) by the Zacks Rank, which has a strong track record of outperforming the market [4] Performance Metrics - Over the past week, ALG shares increased by 0.96%, while the Zacks Manufacturing - Farm Equipment industry rose by 1.4% [6] - In a longer time frame, ALG's monthly price change is 7.57%, significantly outperforming the industry's 0.35% [6] - Over the past quarter, ALG shares have increased by 20.74%, and by 26.7% over the last year, compared to the S&P 500's gains of 6.01% and 13.18%, respectively [7] Trading Volume - ALG's average 20-day trading volume is 136,793 shares, which serves as a useful baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, one earnings estimate for ALG has moved higher, while none have moved lower, raising the consensus estimate from $10.42 to $10.85 [10] - For the next fiscal year, one estimate has also increased, with no downward revisions during the same period [10] Conclusion - Given the positive performance metrics and earnings outlook, ALG is positioned as a promising momentum pick for investors [12]

Industry Overview - The Zacks Manufacturing - Farm Equipment industry is currently facing challenges due to weak commodity prices and high costs, but is expected to benefit from sustained demand for agricultural equipment driven by population growth [1][4] - The industry includes manufacturers of various agricultural equipment such as tractors, combines, and irrigation equipment, with Deere, CNH Industrial, and Kubota being the top three global manufacturers [3] Current Trends - The U.S. Department of Agriculture forecasts a 29.5% year-over-year increase in net farm income to $180.1 billion for 2025, following declines in 2023 and 2024 [4] - Despite lower crop receipts and commodity price volatility, demand for agricultural equipment is expected to rise due to increasing global food demand and mechanization needs [5] - The agricultural machinery market in the U.S. is projected to grow from $42.05 billion in 2025 to $57.08 billion in 2030, with a CAGR of 6.3% [5] Technological Advancements - Industry players are investing heavily in technology to automate farming and enhance product offerings, with precision agriculture technology being a key growth driver [2][7] - Companies are focusing on advanced technology and smart farming solutions to meet evolving customer demands [7] Financial Performance - The Zacks Manufacturing - Farm Equipment industry has outperformed the broader market, growing 33.7% over the past 12 months compared to the S&P 500's 13.7% [11] - The industry is currently trading at a forward EV/EBITDA ratio of 53.56X, significantly higher than the S&P 500's 13.48X [14] Company Highlights - **Deere & Company (DE)**: Experiencing solid growth in order levels, focusing on advanced technology, and benefiting from strong demand in construction markets. Shares have gained 15.3% in the past 6 months [18][19] - **AGCO Corporation (AGCO)**: Gaining from improved farm dynamics and increasing replacement demand, with a long-term earnings growth rate of 13.1%. Shares have gained 2.7% in the past 6 months [22][24] - **Lindsay Corporation (LNN)**: Acquired a minority interest in Pessl Instruments to enhance water management innovations, with robust project opportunities in international irrigation markets. Shares have gained 8.2% in the past 6 months [27]

Group 1 - Deere reported quarterly earnings of $6.64 per share, exceeding the Zacks Consensus Estimate of $5.68 per share, but down from $8.53 per share a year ago, representing an earnings surprise of 16.90% [1] - The company posted revenues of $11.17 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 4.89%, compared to year-ago revenues of $13.61 billion [2] - Deere has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Group 2 - The stock has gained approximately 17.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.2% [3] - The current consensus EPS estimate for the upcoming quarter is $5.35 on revenues of $10.44 billion, and for the current fiscal year, it is $18.89 on revenues of $38.23 billion [7] - The Zacks Industry Rank for Manufacturing - Farm Equipment is currently in the bottom 36% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Agco (AGCO) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $2.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1,266.67%. A quarter ago, it was expected that this farm equipment maker would post earnings of $1.80 per share when it actually produced earnings of $1.97, delivering a surprise of 9.44%.Over the last four quarters, the comp ...

The latest trading session saw Deere (DE) ending at $460.64, denoting a +0.1% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.75%, and the technology-dominated Nasdaq saw an increase of 0.55%.Shares of the agricultural equipment manufacturer witnessed a loss of 1.95% over the previous month, beating the performance of the Industrial Products sector with its loss of 3.25% and underperforming the S&P 500's ...