How to Buy Newmarket Stock
Newmarket Corp
Newmarket is a specialty chemical company located in Virginia, United States, which is part of the Basic Materials sector, and is traded under the ticker NEU on the NYSE exchange.
Newmarket stock last closed at $529.41, down 0.78% from the previous day, and has increased 46.17% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.34 percentage points. Newmarket stock is currently +36.74% from its 52-week low of $387.16, and -18.55% from its 52-week high of $650.00.
There are currently 9.59M shares of NEU outstanding. The market cap of NEU is $5.08B. In the past 24 hours, 65,326 NEU shares were traded.
How to Buy Newmarket Stock
Wondering how to invest in Newmarket stock? Here's how.
- Figure out where to buy Newmarket stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Newmarket stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Research Newmarket stock: The Newmarket ticker symbol is NEU. Is Newmarket stock a good investment? Should you buy shares of NEU? How do NEU's underlying business fundamentals look? Do top analysts think Newmarket is a good buy? Why has NEU's stock price moved recently? (Hint: Our stock market research website can help you evaluate if NEU is a good stock to buy).
- Place your NEU purchase: Decide if you will purchase NEU shares at the current market price or use a limit order to buy NEU shares at a given price.
- Get updates on your investment in NEU: Create a watchlist to important updates regarding your investment in Newmarket shares.
Step 1: Figure out where to buy Newmarket stock
You will need an online brokerage account to access the NYSE market and buy NEU stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you can buy NEU stock today.
How to Start 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.
- Enter your personal details to create a new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best beginner stock app, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring money into your investment account.
Step 4: Research Newmarket stock
Once you have selected the best place to buy Newmarket stock, it's crucial to research their stock prior to buying, so you can understand the risk as well as the upside.
Overview of key NEU info
NEU Fundamentals
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NEU's stock page.
Is NEU stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NEU's intrinsic value.
Using relative valuations methods:
- NEU could be undervalued based on its P/E ratio of 12.73x, relative to Specialty Chemicals industry P/E ratio of 30.42x
- NEU could be overvalued based on its P/B ratio of 4.41x, relative to Specialty Chemicals industry P/B ratio of 3.35x
- NEU may be overvalued based on its PEG ratio of 1.17x
You can do more valuation research on NEU's stock here.
NEU Financial Overview
Passed Health Checks:
- NEU earnings of $543.75M is not sufficient to cover its interest payments.
- NEU profit margin has gone up from 11.3% to 14.8% in the past year.
- There are more short-term assets than short-term liabilities on the NEU balance sheet.
- Total NEU debt is lower than 5 years ago, relative to shareholder equity.
- NEU's operating cash flow of $569.75M allows it to safely service it's debt of $1.35B.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the NEU balance sheet.
- NEU has a relatively high debt to equity ratio of 1.74.
NEU Trading Indicators
How are NEU Revenues/Earnings doing?
Last year, NEU earnings were $399.01M. In the past 5 year, NEU's earnings have grown by 14.88% per year. This was faster than the Specialty Chemicals industry average of 4.47%.
Last year, NEU revenue was $2.69B. In the last five year, NEU's revenue has grown by 3.77% per year. This was slower than the Specialty Chemicals industry average of 9.43%.
You can analyze NEU's earnings and revenue performance here.
Latest Insiders Trades at NEU
Over the last year, insiders at NEU have sold more shares than they have bought.
Thomas E. Gottwald, Chairman President CEO of NEU, was the latest NEU insider to sell. They sold $136,512.00 worth of NEU shares on Mar 6, 2024.
Research more about who owns NEU stock here.
Can I get consistent income from NEU stock?
Newmarket pays a dividend of 1.75%, compared to the Specialty Chemicals industry's average dividend yield of 3.51%. If you owned $1,000 worth of NEU stock, you would have received $17.47 in the past year.
Newmarket dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Newmarket dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your NEU purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, use a limit order.
Hit the Open button and your broker will execute the order.
If you want additional help investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in NEU
Now that you own some NEU shares, you'll want to keep up with your shares.
Put NEU on a watchlist to get notified of the latest news about your NEU stock.
NEU Feed
How to Buy Stock in Newmarket
To reiterate, here are the 6 steps for buying Newmarket stock:
- Figure out where to buy Newmarket stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Newmarket stock
- Place your NEU purchase
- Get updates on your investment in NEU
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Newmarket, click the button below.
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