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 $394.50, up 2.33% from the previous day, and has decreased 6.58% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0 percentage points. Deere & Co stock is currently +39% from its 52-week low of $283.81, and -12.02% from its 52-week high of $448.40.
There are currently 296.32M DE shares outstanding. The market value of DE is $116.90B. In the last 24 hours, 1.32M 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.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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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.
- Enter your personal data to create your new brokerage account.
- Submit your details by hitting the "Create Account" button.
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 14.57x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 15.72x
- DE could be overvalued based on its P/B ratio of 5.48x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 4.51x
- DE may be overvalued based on its PEG ratio of 6.25x
You can access more valuation research on DE's stock here.
DE Financial Health
Passed Health Checks:
- DE profit margin has gone up from 12.7% to 14.7% in the past year.
- Total DE debt is lower than 5 years ago, relative to shareholder equity.
- DE earnings of $11.79B is not sufficient to cover its interest payments.
Failed Health Checks:
- DE has a relatively high debt to equity ratio of 3.29.
- DE's operating cash flow of $6.01B allows it to safely service it's debt of $54.06B.
Is Deere & Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 23 Wall Street analysts who give recommendations on DE, the consensus analyst rating on DE is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest DE Analyst Ratings
Dillon Cumming, a bottom 12% analyst from Morgan Stanley maintains DE with a strong buy rating and raises their DE price target from $522.00 to $537.00, on Feb 21, 2023.
John Eade, a top 13% analyst from Argus Research maintains DE with a strong buy rating and raises their DE price target from $475.00 to $485.00, on Feb 21, 2023.
Michael Shlisky, a bottom 6% analyst from DA Davidson maintains DE with a strong buy rating and maintains their DE price target from $520.00 to $520.00, on Feb 21, 2023.
Seth Weber, a top 35% analyst from Wells Fargo maintains DE with a strong buy rating and raises their DE price target from $485.00 to $510.00, on Feb 21, 2023.
Mircea Dobre, a top 2% analyst from Baird maintains DE with a buy rating and raises their DE price target from $500.00 to $512.00, on Feb 21, 2023.
You can dive deeper into what analysts are forecasting on the Deere & Co stock forecast page.
DE Trading Indicators
DE Earnings
Last year, DE earnings were $8.19B. In the last five year, DE's earnings have gone up by 43.37% per year. This was slower than the Farm & Heavy Construction Machinery industry average of 43.49%.
Last year, DE revenue was $55.66B. During the last 5 year, DE's revenue has increased by 12.4% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 8.13%.
You can analyze DE's earnings and revenue performance here.
What are DE insiders up to?
In the last 12 months, executives and large shareholders at DE have sold more shares than they have bought.
Mary Kw Jones, Sr VP General Counsel PA of DE, was the latest DE insider to sell. They sold $464,307.96 worth of DE stock on Dec 14, 2022.
Get more info about who owns DE stock here.
Can I rely on DE as an income stream?
Deere & Co pays a dividend of 1.14%, compared to the Farm & Heavy Construction Machinery industry's average dividend yield of 1.99%. If you owned $1,000 of DE stock, you would have been paid $11.43 in the past year.
Deere & Co dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Deere & Co dividend yield and history here.
What others are saying about DE
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your DE buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your DE investment
Now that you own some DE stock, you'll want to stay up-to-date on your shares.
Make a watchlist to keep tabs on your DE stock.
DE Feed
How to Buy Stock in Deere & Co
To summarize, 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 online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Deere & Co, get started below.
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