How to Buy Park Ohio Holdings Stock
Park Ohio Holdings Corp
Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally.
Park Ohio Holdings stock last closed at $23.91, up 1.53% from the previous day, and has increased 89.46% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.6 percentage points. Park Ohio Holdings stock is currently +98.09% from its 52-week low of $12.07, and -16.95% from its 52-week high of $28.79.
As of Apr 23, 2024, there are 13.07M PKOH shares outstanding. The market cap of PKOH is $312.60M. In the past 24 hours, 6420 PKOH shares were traded.
How to Buy Park Ohio Holdings Stock
Not sure how to invest in Park Ohio Holdings stock? Here's how.
- Figure out where to buy Park Ohio Holdings stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Park Ohio Holdings stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your information.
- Evaluate Park Ohio Holdings stock: The Park Ohio Holdings ticker symbol is PKOH. Is Park Ohio Holdings stock a good investment? Should you buy shares of PKOH? How do PKOH's underlying business fundamentals look? Do top analysts think Park Ohio Holdings is a good buy? Why has PKOH's stock price moved recently? (Hint: Our stock market research website can help you understand if PKOH is a good stock to buy).
- Make your PKOH purchase: Decide if you will purchase PKOH shares at the current market price or use a limit order to purchase PKOH stock at a particular price.
- Keep tabs on your investment in PKOH: Create a watchlist to keep track of your position in Park Ohio Holdings shares.
Step 1: Figure out where to buy Park Ohio Holdings stock
You will need an online brokerage account in order to access the NASDAQ market and buy PKOH stock.
Our favorite brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you can buy PKOH stock today.
How to Open a New Investment 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 data to open a new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on a good online stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Park Ohio Holdings stock
After you have decided on the best place to buy Park Ohio Holdings stock, it's crucial to analyze their stock before you buy, so you actually wrap your head around the risk and opportunity.
Park Ohio Holdings stock quick numbers
PKOH Due Diligence Checks
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on PKOH's stock page.
Is PKOH stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge PKOH's intrinsic value.
Using relative valuations methods:
- PKOH may be overvalued based on its P/E ratio of 37.95x, relative to Specialty Industrial Machinery industry P/E ratio of 33.11x
- PKOH may be undervalued based on its P/B ratio of 1.11x, relative to Specialty Industrial Machinery industry P/B ratio of 4.98x
You can do additional valuation research on PKOH's stock here.
A quick look at PKOH Financials
Signs that PKOH is financially healthy:
- There are more short-term assets than short-term liabilities on the PKOH balance sheet.
- PKOH profit margin has gone up from -1% to 0.5% in the past year.
- There are more short-term assets than long-term liabilities on the PKOH balance sheet.
Signs that PKOH is not financially healthy:
- PKOH earnings of $61.40M is not sufficient to cover its interest payments.
- Total PKOH debt is higher than 5 years ago, relative to shareholder equity.
- PKOH has a relatively high debt to equity ratio of 3.75.
- PKOH's operating cash flow of $50.50M allows it to safely service it's debt of $687.80M.
You can dig deeper into what analysts are saying on the Park Ohio Holdings stock forecast page.
PKOH Trading Indicators
PKOH Growth Numbers
Last year, PKOH earnings were $7.80M. Over the past five year, PKOH's earnings have increased by -32.12% per year. This was slower than the Specialty Industrial Machinery industry average of -3.16%.
Last year, PKOH revenue was $1.66B. During the past five year, PKOH's revenue has grown by 0.02% per year. This was slower than the Specialty Industrial Machinery industry average of 3.91%.
Dive into PKOH's earnings and revenue performance here.
Latest Insiders Trades at PKOH
Over the last 12 months, insiders at PKOH have sold more shares than they have bought.
James W. Wert, Director of PKOH, was the latest PKOH insider to sell. They sold $38,976.00 worth of PKOH shares on Mar 27, 2024.
Learn more about who owns PKOH stock here.
Does PKOH provide a stable income stream?
Park Ohio Holdings pays a dividend of 2.09%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.28%. If you owned $1,000 of PKOH stock, you would have been paid $20.91 last year.
Park Ohio Holdings dividend payments have not consistently grown over the past decade but have remained stable.
Dig into more analysis about Park Ohio Holdings dividend yield and history here.
PKOH Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PKOH purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more help with investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in PKOH
Now that you own some PKOH shares, you'll want to keep up with your new shares.
Add PKOH to a watchlist to monitor your PKOH stock.
PKOH Feed
How to Buy Stock in Park Ohio Holdings
To summarize, here are the 6 steps to buy Park Ohio Holdings stock:
- Figure out where to buy Park Ohio Holdings stock
- Create your brokerage account
- Put funds into your investment account
- Evaluate Park Ohio Holdings stock
- Make your PKOH purchase
- Keep tabs on your investment in PKOH
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Park Ohio Holdings, create a watchlist today.
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