Stocks
Deere Stock Trades at Premium Valuation Despite Lagging Revenue Growth
Deere & Company (DE) is trading near $620.94 and has outperformed the S&P 500 over the last year.
The company's stock price is above its performance, with a premium valuation of 35.1 times earnings, compared to Caterpillar's 34.6 times earnings.
Caterpillar's revenue grew 18.4% over the last twelve months, far outpacing Deere's 4.2%, and it also edges out Deere on profitability, with an operating margin of 17.5% versus Deere's 17.4%.