How to Buy Gencor Industries Stock
Gencor Industries Inc
Gencor Industries, Inc. engages in the designing, manufacturing and sales of heavy machinery and related equipment used in the production of highway construction materials, synthetic fuels and environmental control equipment.
Gencor Industries stock last closed at $16.97, up 1.25% from the previous day, and has increased 34.36% in one year. It has overperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.16 percentage points. Gencor Industries stock is currently +31.45% from its 52-week low of $12.91, and -5.67% from its 52-week high of $17.99.
As of Apr 26, 2024, there are 14.66M shares of GENC outstanding. The market capitalization of GENC is $248.74M. In the last 24 hours, 36,740 GENC shares were traded.
How to Buy Gencor Industries Stock
Wondering how to invest in Gencor Industries stock? Here's how.
- Choose where to buy Gencor Industries stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Gencor Industries stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Research Gencor Industries stock: The Gencor Industries ticker symbol is GENC. Is Gencor Industries stock a good investment? Should you buy shares of GENC? How do GENC's underlying business fundamentals look? Do top analysts think Gencor Industries is a good buy? Why has GENC's stock price moved recently? (Hint: Our stock market research website can help you decide if GENC is a good stock to buy).
- Make your GENC buy order: Decide if you will purchase GENC shares at the current market price or use a limit order to buy GENC shares at a specific price.
- Monitor your GENC position: Create a watchlist to track your position in Gencor Industries shares.
Step 1: Choose where to buy Gencor Industries stock
You will need a brokerage account to access the NYSEMKT market and buy GENC stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can buy GENC 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.
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Step 3: Deposit money your brokerage account
Now that you have opened your account on stock market app, you need to deposit funds:
Check out the walkthrough below if you need help depositing money into your brokerage account.
Step 4: Research Gencor Industries stock
Once you have decided on the best place to buy Gencor Industries stock, it's critical to research their stock prior to investing, so you truly comprehend the risk and upside.
Overview of key GENC info
GENC Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on GENC's stock page.
What is the fair value of GENC stock?
Investors use many financial metrics, analyses, models, and charts to gauge GENC's true value.
Using relative valuations measures:
- GENC could be overvalued based on its P/E ratio of 16.01x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 13.76x
- GENC could be undervalued based on its P/B ratio of 1.34x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 4.74x
- GENC may be overvalued based on its PEG ratio of 2.95x
You can access more valuation analysis on GENC's stock here.
A look at GENC Cashflows and Balance Sheet
Signs that GENC is financially healthy:
- GENC has a low debt to equity ratio of 0.11.
- GENC's operating cash flow of $14.99M allows it to safely service it's debt of $235.00k.
- GENC earnings of $19.82M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the GENC balance sheet.
- GENC profit margin has gone up from 3.1% to 14.7% in the past year.
- There are more short-term assets than short-term liabilities on the GENC balance sheet.
Signs that GENC is not financially healthy:
- Total GENC debt is higher than 5 years ago, relative to shareholder equity.
GENC Technical Indicators
GENC Performance Numbers
Last year, GENC earnings were $15.52M. Over the past 5 year, GENC's earnings have increased by 7.45% per year. This was slower than the Farm & Heavy Construction Machinery industry average of 19.27%.
Last year, GENC revenue was $105.27M. In the past five year, GENC's revenue has increased by 1.69% per year. This was slower than the Farm & Heavy Construction Machinery industry average of 6.51%.
You can research GENC's earnings and revenue performance here.
Latest Insiders Trades at GENC
In the last year, insiders at GENC have sold more shares than they have bought.
Marc G. Elliott, President of GENC, was the latest GENC insider to sell. They sold $329,600.00 worth of GENC shares on Feb 12, 2024.
Get more info about who owns GENC stock here.
Does GENC stock generate passive income?
No, Gencor Industries doesn't provide an income stream by paying out dividends.
What others are saying about GENC
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your GENC buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - 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 particular price, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your GENC position
Now that you own some shares in GENC, you'll want to keep up with your investment.
Make a watchlist to get notified of important updates regarding your GENC stock.
GENC Feed
How to Buy Stock in Gencor Industries
To reiterate, here are the 6 steps to buy stock in Gencor Industries:
- Choose where to buy Gencor Industries stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Gencor Industries stock
- Make your GENC buy order
- Monitor your GENC position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Gencor Industries, hit the button below to create your watchlist.
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