Cory Reed - Deere President

DE Stock  USD 583.11  17.38  3.07%   

President

Mr. Cory J. Reed redesignated as President Worldwide Agriculture Turf Division, Americas and Australia, Global Harvesting and Turf Platforms, and Ag Solutions of the Company effective April 1, 2019. Mr. Reed is currently Senior Vice President in the Worldwide Agriculture Turf Division with responsibility for the Intelligent Solutions Group. He was instrumental in developing and implementing Deere precision agriculture strategy. Reed joined Deere in 1998 and has held a variety of marketing and sales positions including marketing manager for large tractors, regional sales and marketing for John Deere International in Switzerland. He later became Senior Vice President, Global Marketing Services for the Worldwide Agriculture Turf Division before assuming his current role. Mr. Reed holds an undergraduate degree in Finance from Miami University and a law degree from The Ohio State University. since 2020.
Age 55
Tenure 6 years
Address One John Deere Place, Moline, IL, United States, 61265
Phone309 765 8000
Webhttps://www.deere.com/en

Cory Reed Latest Insider Activity

Tracking and analyzing the buying and selling activities of Cory Reed against Deere stock is an integral part of due diligence when investing in Deere. Cory Reed insider activity provides valuable insight into whether Deere is net buyers or sellers over its current business cycle. Note, Deere insiders must abide by specific rules, including filing SEC forms every time they buy or sell Deere'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Deere Management Efficiency

The company has Return on Asset (ROA) of 0.0388 % which means that for every $100 of assets, it generated a profit of $0.0388. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2043 %, which means that it produced $0.2043 on every 100 dollars invested by current stockholders. Deere's management efficiency ratios could be used to measure how well Deere manages its routine affairs as well as how well it operates its assets and liabilities. At present, Deere's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.34, whereas Return On Capital Employed is forecasted to decline to 0.09. At present, Deere's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 8 B, whereas Other Current Assets are forecasted to decline to about 642.4 M.
Deere Company reports 63.94 B of total liabilities with total debt to equity ratio (D/E) of 2.55, which may imply that the company relies heavily on debt financing. Deere Company has a current ratio of 1.94, which is generally considered normal. That said, strategic use of leverage may enable Deere to fund expansion initiatives and generate superior returns.

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Deere Company manufactures and distributes various equipment worldwide. Deere Company was founded in 1837 and is headquartered in Moline, Illinois. Deere operates under Engines And Heavy Machinery classification in the United States and is traded on New York Stock Exchange. Deere Company (DE) is traded on New York Stock Exchange in USA and employs 73,100 people. Deere is listed under Agricultural & Farm Machinery category by Fama And French industry classification.

Management Performance

Deere Company Leadership Team

Elected by the shareholders, the Deere's board of directors comprises two types of representatives: Deere inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Deere. The board's role is to monitor Deere's management team and ensure that shareholders' interests are well served. Deere's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Deere's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sherry Smith, Independent Director
Justin Rose, Customer Solutions
Leanne Caret, Independent Director
Joshua Jepsen, Senior CFO
Lawrence Sidwell, Senior Division
J Penn, Chief Economist
Josh Beal, Director Relations
Ryan Campbell, Chief Financial Officer, Senior Vice President
Kanlaya Barr, Director Economics
Josh Rohleder, Manager Communications
Rajesh Kalathur, President - John Deere and Financial, Chief Information Officer
Tami Erwin, Independent Director
Mary Jones, Senior Vice President, General Counsel & Worldwide Public Affairs
Dmitri Stockton, Independent Director
John May, President, Chief Executive Officer, Chief Operating Officer, Director
Steven Owenson, Senior Financial
John II, President Chairman
Jill Sanchez, Manager Relations
Kellye Walker, Chief VP
Deanna Kovar, Small Division
Felecia JD, Senior Officer
Brent Norwood, Director Relations
Alan Heuberger, Independent Director
Andrew Traeger, Chief Financial
Thomas Spitzfaden, VP Treasurer
Sheila Talton, Independent Director
Tamra Erwin, Independent Director
John Stone, President - Worldwide Construction & Forestry and Power Systems
James Field, President of Agriculture and Turf Division - Global Harvesting and Turf Platforms, Americas and Australia
Edward Berk, Corporate Secretary
Renee Mailhot, VP Officer
Jahmy Hindman, Chief Officer
Clayton Jones, Independent Director
Cory Reed, President, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales & Marketing Regions of the Americas and Australia
Gregory Page, Independent Director
Michael Johanns, Independent Director
Aaron Wetzel, Vice Systems
Jeffrey Trahan, Vice Investments
Markwart Pentz, President, Worldwide Agriculture & Turf Division, Small Ag & Turf, Sales & Marketing Regions of Europe, CIS, Asia and Africa
Kellye JD, Chief VP
Dipak Jain, Independent Director
Charles Holliday, Presiding Independent Director
Marc Howze, Group President of Lifecycle Solutions & Chief Administrative Officer
David Thorne, Utility Turf

Deere Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Deere a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Will Agricultural & Farm Machinery sector continue expanding? Could Deere diversify its offerings? Factors like these will boost the valuation of Deere. Projected growth potential of Deere fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Deere data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.14)
Dividend Share
6.48
Earnings Share
18.48
Revenue Per Share
168.431
Quarterly Revenue Growth
0.126
Investors evaluate Deere Company using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Deere's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Deere's market price to deviate significantly from intrinsic value.
It's important to distinguish between Deere's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Deere should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Deere's market price signifies the transaction level at which participants voluntarily complete trades.