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MarketScreener Homepage  >  Equities  >  Nyse  >  Deere & Company    DE

DEERE & COMPANY

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Deere mpany : John Deere Introduces All-New Smart Connectors to Accompany; The MowerPlus Hour Meter Connector can be used to communicate hour meter information to the MowerPlus app

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08/20/2019 | 11:04am EDT

CARY, N.C. -- John Deere is continuing to help homeowners make the most of their lawn care with two new Smart Connectors that communicate via Bluetooth® technology with the MowerPlus(TM) smartphone app. The Smart Connectors, depending on mower model and connector, can communicate fuel level, battery state, and hour meter information to the MowerPlus app for enhanced machine management.

The MowerPlus Smart Connector is available for the X300 Series and the X500 Series models. With this connector, engine hours can be monitored on these models via the free iOS and Android MowerPlus app. The app will also track mower maintenance schedules and remember fuel levels, so operators can check their phone while planning ahead for Saturday morning's mow.

Additionally, the MowerPlus Hour Meter Connector, available for the 100 Series and S240 lawn tractors, can be used to communicate hour meter information to the app. This connector is exclusively compatible with the iOS version of MowerPlus.

Both connectors are available through John Deere dealers, or the JohnDeereStore.com, and are easy to install by simply attaching it to the wiring harness of the mower.

The MowerPlus app helps users determine the best time to mow with local weather information, communicates expert pre-mow tips, offers maintenance reminders, and provides walk-through guides.

Other MowerPlus app features include:

- A "Mow Now" button to track mowing metrics, including aerial view of mowing path, length of mow, and speed via smartphone GPS

- A log of past mows that can be shared via social media

- Ability to view local weather for the next five days to assist with planning mow times

- Tracking of maintenance intervals, and additional maintenance tips that are specific to the model of the user's equipment

To download the MowerPlus app, visit the iTunes App Store or Google Play.

For more information about residential mowing products, visit the John Deere website.

.

(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2019 34 672 M
EBIT 2019 4 508 M
Net income 2019 3 218 M
Debt 2019 42 576 M
Yield 2019 1,81%
P/E ratio 2019 16,5x
P/E ratio 2020 14,8x
EV / Sales2019 2,73x
EV / Sales2020 2,62x
Capitalization 52 074 M
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Technical analysis trends DEERE & COMPANY
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 169,24  $
Last Close Price 165,38  $
Spread / Highest target 19,1%
Spread / Average Target 2,33%
Spread / Lowest Target -15,3%
EPS Revisions
Managers
NameTitle
Samuel R. Allen Chairman & Chief Executive Officer
Rajesh Kalathur Chief Financial & Information Officer, Senior VP
Vance D. Coffman Independent Director
Dipak Chand Jain Independent Director
Clayton M. Jones Independent Director
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