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 $15.20, up 12.18% from the previous day, and has increased 2.08% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.33 percentage points. Gencor Industries stock is currently +40.74% from its 52-week low of $10.80, and -12.64% from its 52-week high of $17.40.
There are currently 14.66M shares of GENC outstanding. The market cap of GENC is $222.80M. In the last 24 hours, 107,000 GENC shares were traded.
How to Buy Gencor Industries Stock
Not sure how to invest in Gencor Industries stock? Here's how.
- Choose where to buy Gencor Industries stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Gencor Industries stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select 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 research tools can help you understand 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 stock at a specific price.
- Monitor your GENC position: Create a watchlist to important updates regarding your position in Gencor Industries shares.
Step 1: Choose where to buy Gencor Industries stock
You need a brokerage account to access the NYSEMKT market and buy GENC shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in GENC stock today.
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Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best stock app to use, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Research Gencor Industries stock
After you have selected the best place to buy Gencor Industries stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk and opportunity.
Gencor Industries quick stats
GENC Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on GENC's stock page.
Is GENC stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge GENC's true value.
Using relative valuations metrics:
- GENC could be undervalued based on its P/E ratio of 14.62x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 33.29x
- GENC may be undervalued based on its P/B ratio of 1.04x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 6.75x
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:
- Total GENC debt is lower than 5 years ago, relative to shareholder equity.
- GENC has cash burn of 3241000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the GENC balance sheet.
- GENC has a low debt to equity ratio of 0.06.
- GENC has $147.73M in cash and short term investments. This is sufficient to cover its annual cash burn of $3.24M.
- GENC profit margin has gone up from 11.8% to 14.2% in the past year.
- There are more short-term assets than short-term liabilities on the GENC balance sheet.
Is it a good time to buy Gencor Industries stock, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on GENC, the consensus analyst rating on Gencor Industries is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Gencor Industries stock forecast page.
GENC Technicals
GENC Growth Metrics
Last year, GENC earnings were $15.29M. In the last five year, GENC's earnings have grown by 25.81% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 20.06%.
Last year, GENC revenue was $107.60M. In the past 5 year, GENC's revenue has grown by 6.55% per year. This was slower than the Farm & Heavy Construction Machinery industry average of 6.97%.
Find out more about GENC's earnings and revenue performance here.
Latest Insiders Trades at GENC
In the last year, executives and large shareholders at GENC have not bought or sold any shares.
Research more about who owns GENC shares here.
Can I get consistent income from GENC stock?
No, Gencor Industries doesn't provide an income stream by paying out dividends.
What others are saying about GENC
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Step 5: Make your GENC buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
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Step 6: Monitor your GENC position
Now that you own some shares in GENC, you'll want to keep up with your shares.
Put GENC on a watchlist to get notified of important updates regarding your GENC stock.
GENC Feed
How to Buy Stock in Gencor Industries
To summarize, here are the 6 steps to buy Gencor Industries stock:
- 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
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