How to Buy Deere & Co Stock
Deere & Co
Deere & Co is a agriculture company located in Illinois, United States, which is part of the Industrials sector, and is traded under the ticker DE on the NYSE exchange.
Deere & Co stock last closed at $399.61, down 0.18% from the previous day, and has increased 2.98% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.13 percentage points. Deere & Co stock is currently +15.64% from its 52-week low of $345.55, and -11.2% from its 52-week high of $450.00.
There are currently 278.36M DE shares outstanding. The market value of DE is $111.23B. In the last 24 hours, 1M DE shares were traded.
How to Buy Deere & Co Stock
Not sure how to invest in Deere & Co stock? Here's how.
- Decide where to buy Deere & Co stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Deere & Co stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your details.
- Research Deere & Co stock: The Deere & Co ticker symbol is DE. Is Deere & Co stock a good investment? Should you buy shares of DE? How do DE's underlying business fundamentals look? Do top analysts think Deere & Co is a good buy? Why has DE's stock price moved recently? (Hint: Our stock market research website can help you evaluate if DE is a good stock to buy).
- Make your DE buy order: Decide if you will purchase DE shares at the current market price or use a limit order to purchase DE shares at a particular price.
- Get the latest scoop on your DE investment: Create a watchlist to important updates regarding your position in Deere & Co shares.
Step 1: Decide where to buy Deere & Co stock
You need a brokerage account to access the NYSE market and buy DE shares.
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can buy DE stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Research Deere & Co stock
Once you have selected the best place to buy Deere & Co stock, it's critical to research their stock prior to investing, so you actually wrap your head around the risk and upside.
Deere & Co quick stats
DE Zen Score
WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on DE's stock page.
Is DE stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DE's true value.
Using relative valuations measures:
- DE may be undervalued based on its P/E ratio of 11.58x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 14.28x
- DE could be overvalued based on its P/B ratio of 5.04x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 4.87x
You can do additional valuation research on DE's stock here.
Is DE a healthy company?
Passed Health Checks:
- Total DE debt is lower than 5 years ago, relative to shareholder equity.
- DE profit margin has gone up from 14.7% to 16.4% in the past year.
- DE earnings of $15.54B is not sufficient to cover its interest payments.
Failed Health Checks:
- DE has a relatively high debt to equity ratio of 3.59.
- DE's operating cash flow of $8.93B allows it to safely service it's debt of $63.17B.
Is DE stock a Buy, Hold, or Sell, according to analysts?
Out of 9 Equities analysts who monitor DE, the consensus analyst rating on Deere & Co is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent DE Analyst Forecasts
Timothy Thein, a top 5% analyst from Citigroup maintains DE with a strong buy rating and lowers their DE price target from $450.00 to $435.00, on Feb 16, 2024.
Stanley Elliott, a top 3% analyst from Stifel Nicolaus maintains DE with a strong buy rating and lowers their DE price target from $435.00 to $425.00, on Feb 16, 2024.
Angel Castillo, a bottom 10% analyst from Morgan Stanley initiates coverage on DE with a strong buy rating and announces their DE price target of $430.00, on Jan 8, 2024.
Bobby Burleson, a bottom 1% analyst from Canaccord Genuity maintains DE with a hold rating and lowers their DE price target from $400.00 to $375.00, on Nov 27, 2023.
You can dig deeper into what analysts are saying on the Deere & Co stock forecast page.
Metrics for Advanced DE Traders
DE Performance Metrics
Last year, DE earnings were $9.96B. Over the past five year, DE's earnings have gone up by 26.72% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 19.11%.
Last year, DE revenue was $60.79B. Over the last five year, DE's revenue has grown by 9.6% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 6.47%.
You can analyze DE's earnings and revenue performance here.
What are DE insiders up to?
In the past year, insiders at DE have sold more shares than they have bought.
Ryan D. Campbell, Pres WWCF and Pwr Systems of DE, was the latest DE insider to sell. They sold $106,815.50 worth of DE shares on Dec 14, 2023.
Learn more about who owns DE shares here.
Does DE provide a stable income stream?
Deere & Co pays a dividend of 1.39%, compared to the Farm & Heavy Construction Machinery industry's average dividend yield of 2.76%. If you owned $1,000 of DE stock, you would have received $13.86 in the past year.
Deere & Co dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Deere & Co dividend yield and history here.
What others are saying about DE
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your DE buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you require additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your DE investment
Now that you own some DE stock, you'll want to keep up with your new company.
Put DE on a watchlist to track the latest developments regarding your DE stock.
DE Feed
How to Buy Stock in Deere & Co
To reiterate, here are the 6 steps to buy stock in Deere & Co:
- Decide where to buy Deere & Co stock
- Open your brokerage account
- Fund your investment account
- Research Deere & Co stock
- Make your DE buy order
- Get the latest scoop on your DE investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Deere & Co, create a watchlist today.
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