WallStreetZenWallStreetZen

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 $22.50, down 0.04% from the previous day, and has decreased 0.18% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.12 percentage points. Espey Mfg & Electronics stock is currently +53.17% from its 52-week low of $14.69, and -17.64% from its 52-week high of $27.32.

As of Apr 17, 2024, there are 2.71M ESP shares outstanding. The market capitalization of ESP is $61.00M. In the last 24 hours, 2232 ESP shares were traded.

How to Buy Espey Mfg & Electronics Stock

Wondering how to invest in Espey Mfg & Electronics stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. Here's why:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world financial markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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.

How to Create a New Investment Account on eToro

  1. 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.
  2. Provide your personal details to create a new brokerage account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$22.50
1w %
-1.49%
1y %
-0.18%
5y %
-9.64%
P/E
11.9x
P/B
1.6x
P/S
1.51x
PEG
0.59x
Revenue
$37.02M
Earnings
$4.65M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$61.00M
Next Earnings
May 13, 2024
Next Dividend
N/A

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 11.9x, relative to Electrical Equipment & Parts industry P/E ratio of 30.23x
  • ESP could be undervalued based on its P/B ratio of 1.6x, relative to Electrical Equipment & Parts industry P/B ratio of 4.01x
  • ESP could be undervalued based on its PEG ratio of 0.59x

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

SMA10
23.47
SMA20
24.4
SMA50
24.78
SMA100
21.93
SMA200
19.04
MACD
-0.6
MACD Signal
-0.3
MACD Histogram
-0.3
RSI
26.24
Stochastic %K
21.57
Stochastic %D
24.84
StochRSI %K
2.62
StochRSI %D
3.58

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 38.4%.

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 10.07%.

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 2.56%, compared to the Electrical Equipment & Parts industry's average dividend yield of 1.01%. If you owned $1,000 of ESP stock, you would have been paid $25.56 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

One of the biggest 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: 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:

Open eToro Account

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:

  1. Decide where to buy Espey Mfg & Electronics stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Espey Mfg & Electronics stock
  5. Execute your ESP buy order
  6. Track your ESP investment

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Espey Mfg & Electronics, add ESP to your watchlist below.

NYSEMKT: ESP
$22.50-0.01 (-0.04%)
Updated Apr 17, 2024
Open eToro Account
NYSEMKT: ESP
$22.50-0.01 (-0.04%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Espey Mfg & Electronics share?

As of Apr 17, 2024, it costs $22.50 to buy one share of Espey Mfg & Electronics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.444 shares of ESP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Espey Mfg & Electronics stock?

One way to place an order for Espey Mfg & Electronics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.