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How to Buy Andersons Stock

Andersons Inc

The Andersons, Inc. , an agriculture company, operates in trade, renewables, and plant nutrient sectors in the United States and internationally.

Andersons stock last closed at $49.35, down 0.4% from the previous day, and has increased 9.62% in one year. It has overperformed other stocks in the Food Distribution industry by 0.17 percentage points. Andersons stock is currently +14.9% from its 52-week low of $42.95, and -19.7% from its 52-week high of $61.46.

As of Jun 11, 2024, there are 34.05M shares of ANDE outstanding. The market value of ANDE is $1.68B. In the last 24 hours, 128,740 ANDE shares were traded.

How to Buy Andersons Stock

Wondering how to invest in Andersons stock? Here's how.
  1. Figure out where to buy Andersons stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Andersons stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Choose your method of payment and add your information.
  4. Analyze Andersons stock: The Andersons ticker symbol is ANDE. Is Andersons stock a good investment? Should you buy shares of ANDE? How do ANDE's underlying business fundamentals look? Do top analysts think Andersons is a good buy? Why has ANDE's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ANDE is a good stock to buy).
  5. Make your ANDE buy order: Decide if you will purchase ANDE shares at the current market price or use a limit order to buy ANDE shares at a specific price.
  6. Get key alerts regarding your investment in ANDE: Create a watchlist to key updates about your investment in Andersons stock.

Step 1: Figure out where to buy Andersons stock

You will need a brokerage account to access the NASDAQ market and buy ANDE shares.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to invest in ANDE today.

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Step 3: Put funds into your investment account

Now that you've finished signing up on investing apps, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of transferring money into your new brokerage account.

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Step 4: Analyze Andersons stock

Once you have figured out the best place to buy Andersons stock, it's critical to analyze their stock prior to buying, so you can comprehend the risk and upside.

Overview of key ANDE info

ANDE Price
$49.35
1w %
-1.99%
1y %
9.62%
5y %
80.31%
P/E
13.71x
P/B
1.31x
P/S
0.12x
PEG
N/A
Revenue
$13.59B
Earnings
$121.52M
Fore. Rev. Growth
8.82%
Fore. Earn. Growth
-26.39%
Market Cap
$1.68B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

Andersons Overview

WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ANDE's stock page.

What is the fair value of ANDE stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ANDE's intrinsic value.

Using relative valuations methods:

  • ANDE could be undervalued based on its P/E ratio of 13.71x, relative to Food Distribution industry P/E ratio of 18.4x
  • ANDE could be undervalued based on its P/B ratio of 1.31x, relative to Food Distribution industry P/B ratio of 4.02x

You can do more valuation research on ANDE's stock here.

Is ANDE a healthy company?

Positive Financial Indicators:

  • ANDE earnings of $202.51M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the ANDE balance sheet.
  • Total ANDE debt is lower than 5 years ago, relative to shareholder equity.
  • ANDE's operating cash flow of $1.04B allows it to safely service it's debt of $625.16M.
  • ANDE profit margin has gone up from 0.6% to 0.9% in the past year.
  • There are more short-term assets than long-term liabilities on the ANDE balance sheet.

Negative Financial Indicators:

  • ANDE has a relatively high debt to equity ratio of 1.4.

Do Wall Street analysts think it's a good time to buy ANDE stock

Out of 1 Wall Street analysts who give recommendations on ANDE, the consensus analyst rating on ANDE is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Andersons stock forecast page.

ANDE Technical Indicators

SMA10
50.7
SMA20
51.29
SMA50
54.39
SMA100
54.11
SMA200
53.02
MACD
-1.23
MACD Signal
-1.15
MACD Histogram
-0.09
RSI
34.24
Stochastic %K
15.82
Stochastic %D
16.9
StochRSI %K
9.47
StochRSI %D
18.23

How is ANDE performing as a company?

Last year, ANDE earnings were $121.52M. During the last five year, ANDE's earnings have gone up by 26.76% per year. This was faster than the Food Distribution industry average of 5.32%.

Last year, ANDE revenue was $13.59B. Over the last 5 year, ANDE's revenue has grown by 25.37% per year. This was faster than the Food Distribution industry average of 12.05%.

Dive into ANDE's earnings and revenue performance here.

Latest Insiders Trades at ANDE

Over the last year, insiders at ANDE have sold more shares than they have bought.

Patrick E. Bowe, President CEO of ANDE, was the latest ANDE insider to sell. They sold $328,174.64 worth of ANDE stock on Apr 23, 2024.

Get more info about who owns ANDE stock here.

Does ANDE stock generate passive income?

Andersons pays a dividend of 1.52%, compared to the Food Distribution industry's average dividend yield of 2.45%. If you owned $1,000 worth of ANDE stock, you would have been paid $15.20 last year.

Andersons dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Andersons dividend yield and history here.

ANDE Social Trading Data

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Step 5: Make your ANDE buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Get key alerts regarding your investment in ANDE

Now that you own some ANDE stock, you'll want to keep up with your new shares.

Make a watchlist to track your ANDE stock.

ANDE Feed

How to Buy Stock in Andersons

To summarize, here are the 6 steps to buy Andersons stock:

  1. Figure out where to buy Andersons stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Analyze Andersons stock
  5. Make your ANDE buy order
  6. Get key alerts regarding your investment in ANDE

If you need a place to buy stocks, eToro is our recommended option.

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If you would like to track your investment in Andersons, create your watchlist below.

NASDAQ: ANDE
$49.35-0.20 (-0.4%)
Updated Jun 11, 2024
Open eToro Account
NASDAQ: ANDE
$49.35-0.20 (-0.4%)
Updated Jun 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Andersons share?

As of Jun 11, 2024, it costs $49.35 to buy one share of Andersons stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.203 shares of ANDE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Andersons stock?

According to 1 Wall Street analysts who monitor Andersons, their consensus recommendation is to buy Andersons stock.

What is the best way to buy Andersons stock?

One way to place an order for Andersons stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.