How to Buy Amcon Distributing Co Stock
Amcon Distributing Co
AMCON Distributing Co. engages in distribution of consumer products. The company is headquartered in Omaha, Nebraska and currently employs 694 full-time employees.
Amcon Distributing Co stock last closed at $161.00, up 0% from the previous day, and has decreased 12.97% in one year. It has underperformed other stocks in the Food Distribution industry by 0.1 percentage points. Amcon Distributing Co stock is currently +18.64% from its 52-week low of $135.70, and -35.6% from its 52-week high of $249.99.
As of Apr 25, 2024, there are 630,362 shares of DIT outstanding. The market cap of DIT is $101.49M. In the last 24 hours, 206 DIT shares were traded.
How to Buy Amcon Distributing Co Stock
Not sure how to invest in Amcon Distributing Co stock? Here's how.
- Decide where to buy Amcon Distributing Co stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Amcon Distributing Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Amcon Distributing Co stock: The Amcon Distributing Co ticker symbol is DIT. Is Amcon Distributing Co stock a good investment? Should you buy shares of DIT? How do DIT's underlying business fundamentals look? Do top analysts think Amcon Distributing Co is a good buy? Why has DIT's stock price moved recently? (Hint: Our stock research website can help you figure out if DIT is a good stock to buy).
- Make your DIT buy order: Decide if you will purchase DIT shares at the current market price or use a limit order to buy DIT stock at a particular price.
- Get key alerts regarding your DIT position: Create a watchlist to important updates regarding your position in Amcon Distributing Co stock.
Step 1: Decide where to buy Amcon Distributing Co stock
You need an online brokerage account to access the NYSEMKT market and buy DIT shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to buy DIT stock today.
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Step 3: Fund your brokerage account
Now that you have created your account on the highest rated app to buy and sell stocks, you need to deposit funds:
Watch the video below if you need help depositing money into your brokerage account.
Step 4: Analyze Amcon Distributing Co stock
Once you have decided on the best place to buy Amcon Distributing Co stock, it's critical to research their stock before you invest, so you truly wrap your head around the risk and opportunity.
Amcon Distributing Co stock at a glance
Amcon Distributing Co Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on DIT's stock page.
Is DIT stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge DIT's fair value.
Using relative valuations methods:
- DIT may be undervalued based on its P/E ratio of 11.1x, relative to Food Distribution industry P/E ratio of 21.6x
- DIT may be undervalued based on its P/B ratio of 0.94x, relative to Food Distribution industry P/B ratio of 4.1x
- DIT may be overvalued based on its PEG ratio of 1.04x
You can access additional valuation research on DIT's stock here.
DIT Financials at a glance
Signs that DIT is financially healthy:
- There are more short-term assets than long-term liabilities on the DIT balance sheet.
- DIT's operating cash flow of $30.53M allows it to safely service it's debt of $142.86M.
- There are more short-term assets than short-term liabilities on the DIT balance sheet.
Signs that DIT is not financially healthy:
- DIT profit margin has gone down from 0.7% to 0.3% in the past year.
- DIT has a relatively high debt to equity ratio of 2.11.
- DIT earnings of $22.53M is not enough to cover its interest payments.
- Total DIT debt is higher than 5 years ago, relative to shareholder equity.
DIT Technical Indicators
DIT Growth Numbers
Last year, DIT earnings were $8.51M. In the past five year, DIT's earnings have increased by 14.6% per year. This was faster than the Food Distribution industry average of 6.1%.
Last year, DIT revenue was $2.64B. Over the last five year, DIT's revenue has grown by 14.03% per year. This was faster than the Food Distribution industry average of 11.04%.
Dive into DIT's earnings and revenue performance here.
What are DIT insiders up to?
In the last year, insiders at DIT have not bought or sold any shares.
Get more info about who owns DIT shares here.
Can I rely on DIT as an income stream?
Amcon Distributing Co pays a dividend of 0.45%, compared to the Food Distribution industry's average dividend yield of 2.42%. If you owned $1,000 worth of DIT stock, you would have received $4.47 last year.
Amcon Distributing Co dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Amcon Distributing Co dividend yield and history here.
DIT Social Trading Data
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Step 5: Make your DIT buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will place the order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your DIT position
Now that you own some shares in DIT, you'll want to stay up-to-date on your investment.
Make a watchlist to get alerted to the latest events about your DIT stock.
DIT Feed
How to Buy Stock in Amcon Distributing Co
To reiterate, here are the 6 steps to buy Amcon Distributing Co stock:
- Decide where to buy Amcon Distributing Co stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Amcon Distributing Co stock
- Make your DIT buy order
- Get key alerts regarding your DIT position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Amcon Distributing Co, create a watchlist on WallStreetZen today.
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