How to Buy Broadwind Stock
Broadwind Inc
Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States.
Broadwind stock last closed at $2.18, up 4.81% from the previous day, and has decreased 55.05% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.89 percentage points. Broadwind stock is currently +8.46% from its 52-week low of $2.01, and -58.32% from its 52-week high of $5.23.
As of Apr 26, 2024, there are 21.57M BWEN shares outstanding. The market capitalization of BWEN is $47.01M. In the last 24 hours, 34,915 BWEN shares were traded.
How to Buy Broadwind Stock
Wondering how to invest in Broadwind stock? Here's how.
- Decide where to buy Broadwind stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Broadwind stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your info.
- Analyze Broadwind stock: The Broadwind ticker symbol is BWEN. Is Broadwind stock a good investment? Should you buy shares of BWEN? How do BWEN's underlying business fundamentals look? Do top analysts think Broadwind is a good buy? Why has BWEN's stock price moved recently? (Hint: Our stock market research website can help you figure out if BWEN is a good stock to buy).
- Make your BWEN purchase: Decide if you will purchase BWEN shares at the current market price or use a limit order to buy BWEN shares at a particular price.
- Get key alerts regarding your BWEN position: Create a watchlist to important updates regarding your new investment in Broadwind shares.
Step 1: Decide where to buy Broadwind stock
You need a brokerage account to access the NASDAQ market and buy BWEN stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy BWEN today.
How to Set Up a New 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 info to open your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the stock trading app, you can securely and quickly fund your account:
Watch the video below if you need help transferring funds into your brokerage account.
Step 4: Analyze Broadwind stock
Once you have figured out the best place to buy Broadwind stock, it's critical to analyze their stock prior to investing, so you can comprehend the risk and opportunity.
Broadwind stock at a glance
Broadwind Overview
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BWEN's stock page.
Is BWEN stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BWEN's true value.
Using relative valuations ratios:
- BWEN may be undervalued based on its P/E ratio of 6.06x, relative to Specialty Industrial Machinery industry P/E ratio of 33.07x
- BWEN could be undervalued based on its P/B ratio of 0.84x, relative to Specialty Industrial Machinery industry P/B ratio of 4.98x
- BWEN could be undervalued based on its PEG ratio of 0.15x
You can do additional valuation research on BWEN's stock here.
BWEN Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the BWEN balance sheet.
- BWEN has $1.10M in cash and short term investments. This is enough to cover its annual cash burn of $13.33M.
- BWEN profit margin has gone up from -5.5% to 3.8% in the past year.
- There are more short-term assets than short-term liabilities on the BWEN balance sheet.
Negative Financial Indicators:
- Total BWEN debt is higher than 5 years ago, relative to shareholder equity.
- BWEN has a relatively high debt to equity ratio of 1.41.
- BWEN has cash burn of 13330000. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy Broadwind stock, according to analysts?
Out of 3 Wall Street analysts who give ratings on BWEN, the consensus analyst rating on BWEN is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Broadwind stock forecast page.
BWEN Trading Indicators
BWEN Growth Metrics
Last year, BWEN earnings were $7.65M. In the past 2 year, BWEN's earnings have grown by 54.92% per year. This was faster than the Specialty Industrial Machinery industry average of -0.27%.
Last year, BWEN revenue was $203.48M. Over the past five year, BWEN's revenue has grown by 10.17% per year. This was faster than the Specialty Industrial Machinery industry average of 3.97%.
Dive into BWEN's earnings and revenue performance here.
Who is buying/selling BWEN?
Over the last 12 months, insiders at BWEN have sold more shares than they have bought.
Sachin M. Shivaram, Director of BWEN, was the latest BWEN insider to buy. They bought $21,800.00 worth of BWEN shares on Nov 16, 2023.
Research more about who owns BWEN stock here.
Can I rely on BWEN as an income stream?
No, Broadwind doesn't provide an income stream by paying out dividends.
What do other traders have to say about BWEN?
One of the major 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 BWEN purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - 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 an exact dollar amount limit, place a limit order.
Press the Open button and your broker will place the order.
If you need more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your BWEN position
Now that you own some BWEN stock, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get alerted to the latest events about your BWEN stock.
BWEN Feed
How to Buy Stock in Broadwind
To summarize, here are the 6 steps you need to take to buy Broadwind stock right now:
- Decide where to buy Broadwind stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Broadwind stock
- Make your BWEN purchase
- Get key alerts regarding your BWEN position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Broadwind, get started below.
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