How to Buy Innospec Stock
Innospec Inc
Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally.
Innospec stock last closed at $120.10, down 1.59% from the previous day, and has increased 18.14% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.08 percentage points. Innospec stock is currently +30.92% from its 52-week low of $91.74, and -8.45% from its 52-week high of $131.18.
As of Apr 25, 2024, there are 24.87M shares of IOSP outstanding. The market capitalization of IOSP is $2.99B. In the last 24 hours, 95,705 IOSP shares were traded.
How to Buy Innospec Stock
Not sure how to invest in Innospec stock? Here's how.
- Figure out where to buy Innospec stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Innospec stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Analyze Innospec stock: The Innospec ticker symbol is IOSP. Is Innospec stock a good investment? Should you buy shares of IOSP? How do IOSP's underlying business fundamentals look? Do top analysts think Innospec is a good buy? Why has IOSP's stock price moved recently? (Hint: Our stock market analysis website can help you decide if IOSP is a good stock to buy).
- Place your IOSP buy order: Decide if you will purchase IOSP shares at the current market price or use a limit order to buy IOSP stock at a specific price.
- Get notifications regarding your IOSP position: Create a watchlist to track your position in Innospec stock.
Step 1: Figure out where to buy Innospec stock
You will need an online brokerage account to access the NASDAQ market and buy IOSP shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal details so you are able to invest in IOSP stock today.
How to Create 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.
- Provide your personal details to create a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock investing app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing money into your brokerage account.
Step 4: Analyze Innospec stock
Once you have selected the best place to buy Innospec stock, it's important to analyze their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Innospec quick stats
IOSP Due Diligence Checks
WallStreetZen was built to help average investors do better fundamental analysis.
You can view all of the due diligence checks on IOSP's stock page.
How is IOSP stock valued?
You can use many financial metrics, analyses, models, and charts to gauge IOSP's intrinsic value.
Using relative valuations ratios:
- IOSP may be undervalued based on its P/E ratio of 21.45x, relative to Specialty Chemicals industry P/E ratio of 30.16x
- IOSP may be undervalued based on its P/B ratio of 2.6x, relative to Specialty Chemicals industry P/B ratio of 3.34x
- IOSP may be overvalued based on its PEG ratio of 2.95x
You can access additional valuation research on IOSP's stock here.
IOSP Financial Summary
Signs that IOSP is financially healthy:
- There are more short-term assets than short-term liabilities on the IOSP balance sheet.
- IOSP's operating cash flow of $207.30M allows it to safely service it's debt of $45.20M.
- Total IOSP debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the IOSP balance sheet.
- IOSP earnings of $172.10M is not enough to cover its interest payments.
- IOSP profit margin has gone up from 6.8% to 7.1% in the past year.
Signs that IOSP is not financially healthy:
- IOSP has a relatively high debt to equity ratio of 0.49.
You can dive deeper into what analysts are saying on the Innospec stock forecast page.
Metrics for Advanced IOSP Traders
IOSP Earnings
Last year, IOSP earnings were $139.10M. During the past five year, IOSP's earnings have increased by 9.98% per year. This was faster than the Specialty Chemicals industry average of 6.78%.
Last year, IOSP revenue was $1.95B. In the last 5 year, IOSP's revenue has gone up by 5.7% per year. This was slower than the Specialty Chemicals industry average of 9.44%.
You can analyze IOSP's earnings and revenue performance here.
Are IOSP insiders buying or selling the stock?
In the last year, insiders at IOSP have sold more shares than they have bought.
David B. Jones, SVP GC CCO of IOSP, was the latest IOSP insider to sell. They sold $314,482.50 worth of IOSP stock on Mar 1, 2024.
Research more about who owns IOSP stock here.
Can I rely on IOSP as an income stream?
Innospec pays a dividend of 1.17%, compared to the Specialty Chemicals industry's average dividend yield of 3.5%. If you owned $1,000 of IOSP stock, you would have been paid $11.74 in the past 12 months.
Innospec dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Innospec dividend yield and history here.
What others are saying about IOSP
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your IOSP buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your IOSP position
Now that you own some IOSP shares, you'll want to stay up-to-date on your company.
Make a watchlist to track the latest developments regarding your IOSP stock.
IOSP Feed
How to Buy Stock in Innospec
To summarize, here are the 6 steps to buy Innospec stock:
- Figure out where to buy Innospec stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Innospec stock
- Place your IOSP buy order
- Get notifications regarding your IOSP position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Innospec, get started below.
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