How to Buy Espey Mfg & Electronics Stock
Espey Mfg & Electronics Corp
Espey Manufacturing & Electronics Corp. engages in the development, design, and production of military equipment. The company is headquartered in Saratoga Springs, New York and currently employs 145 full-time employees.
Espey Mfg & Electronics stock last closed at $22.76, up 0.31% from the previous day, and has increased 2.26% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.32 percentage points. Espey Mfg & Electronics stock is currently +54.94% from its 52-week low of $14.69, and -16.69% from its 52-week high of $27.32.
As of Apr 24, 2024, there are 2.71M ESP shares outstanding. The market capitalization of ESP is $61.70M. In the last 24 hours, 5044 ESP shares were traded.
How to Buy Espey Mfg & Electronics Stock
Wondering how to invest in Espey Mfg & Electronics stock? Here's how.
- Decide where to buy Espey Mfg & Electronics stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Espey Mfg & Electronics stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Evaluate Espey Mfg & Electronics stock: The Espey Mfg & Electronics ticker symbol is ESP. Is Espey Mfg & Electronics stock a good investment? Should you buy shares of ESP? How do ESP's underlying business fundamentals look? Do top analysts think Espey Mfg & Electronics is a good buy? Why has ESP's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ESP is a good stock to buy).
- Execute your ESP buy order: Decide if you will purchase ESP shares at the current market price or use a limit order to buy ESP stock at a given price.
- Track your ESP investment: Create a watchlist to important notifications about your new investment in Espey Mfg & Electronics shares.
Step 1: Decide where to buy Espey Mfg & Electronics stock
You need an online brokerage account to access the NYSEMKT market and buy ESP stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy ESP stock today.
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- 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.
- Provide your personal details to create a new brokerage account.
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Step 3: Deposit money your brokerage account
Now that you've finished signing up on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing money into your new brokerage account.
Step 4: Evaluate Espey Mfg & Electronics stock
Once you have identified the best place to buy Espey Mfg & Electronics stock, it's important to research their stock before you buy, so you truly understand the risk as well as the opportunity.
Espey Mfg & Electronics shares at a glance
ESP Fundamentals
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on ESP's stock page.
Is ESP stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ESP's intrinsic value.
Using relative valuations measures:
- ESP may be undervalued based on its P/E ratio of 12.04x, relative to Electrical Equipment & Parts industry P/E ratio of 31.98x
- ESP could be undervalued based on its P/B ratio of 1.61x, relative to Electrical Equipment & Parts industry P/B ratio of 4.05x
- ESP could be undervalued based on its PEG ratio of 0.6x
You can access additional valuation research on ESP's stock here.
ESP Financial Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the ESP balance sheet.
- ESP's operating cash flow of $5.16M allows it to safely service it's debt of $0.00.
- ESP has a low debt to equity ratio of 0.32.
- ESP profit margin has gone up from 8.3% to 12.6% in the past year.
- ESP earnings of $5.90M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the ESP balance sheet.
Negative Financial Indicators:
- Total ESP debt is higher than 5 years ago, relative to shareholder equity.
ESP Trading Indicators
ESP Revenue
Last year, ESP earnings were $4.65M. Over the last five year, ESP's earnings have gone up by 27.54% per year. This was slower than the Electrical Equipment & Parts industry average of 39.01%.
Last year, ESP revenue was $37.02M. Over the past 5 year, ESP's revenue has increased by 4.91% per year. This was slower than the Electrical Equipment & Parts industry average of 10.01%.
Dive into ESP's earnings and revenue performance here.
What are ESP executives and large shareholders up to?
In the last 12 months, insiders at ESP have bought as many shares as they have sold.
Peggy A. Murphy, Corporate Secretary of ESP, was the latest ESP insider to sell. They sold $108,187.52 worth of ESP shares on Feb 27, 2024.
Dig into more about who owns ESP shares here.
Does ESP stock generate passive income?
Espey Mfg & Electronics pays a dividend of 2.53%, compared to the Electrical Equipment & Parts industry's average dividend yield of 0.97%. If you owned $1,000 of ESP stock, you would have been paid $25.26 last year.
Espey Mfg & Electronics dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Espey Mfg & Electronics dividend yield and history here.
ESP Social Trading Data
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Step 5: Execute your ESP buy order
You have 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 the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and eToro will place the order.
If you require additional help investing in stocks on eToro, click the how to video below:
Step 6: Track your ESP investment
Now that you own some shares in ESP, you'll want to keep up with your investment.
Make a watchlist to get notified of important updates regarding your ESP stock.
ESP Feed
How to Buy Stock in Espey Mfg & Electronics
To reiterate, here are the 6 steps you need to take to buy Espey Mfg & Electronics stock right now:
- Decide where to buy Espey Mfg & Electronics stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Evaluate Espey Mfg & Electronics stock
- Execute your ESP buy order
- Track your ESP investment
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Espey Mfg & Electronics, add ESP to your watchlist below.
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