DeereNYSE: DE

Deere's (DE) price performance is unimpressive so far this year, reflecting a weak demand outlook for agricultural equipment amid low commodity prices and farm income.

Agricultural machinery specialist Deere (NYSE: DE ) — which conducts business as John Deere — encountered choppy price action in the market on Friday. Regional news reports indicate that management will implement job cuts.

Zacks.com users have recently been watching Deere (DE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Selecting dividend stocks to buy involves more than just pursuing high yields. Many companies with limited growth prospects resort to distributing excess cash to shareholders to keep the wolves (activist investors and angry stakeholders) at bay rather than face scrutiny for stagnant operational models.

Deere (DE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Deere (NYSE: DE ) layoffs are a hot topic on Wednesday after the tractor and farm equipment company announced job cuts coming in 2024. Deere let its employees know about the layoffs and then announced them to the public via a filing with the Securities and Exchange Commission (SEC).

$6.6M Commitment Creates John Deere Scholarship Program MOLINE, Ill. , June 3, 2024 /PRNewswire/ -- A groundbreaking partnership between the John Deere Foundation, the University of Iowa (UI), and the Davenport Community School District (DCSD) will soon increase access to higher education for Iowa high school students.

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John Deere, the world's largest manufacturer of agricultural machinery, offers a great opportunity for long-term investors with its stock price decline and attractive valuation. The company has impressive dividend growth and financial performance, making it an overlooked dividend stock. John Deere's underperformance is tied to a pessimistic profit outlook, but it has long-term tailwinds in the agriculture sector.