WallStreetZenWallStreetZen

How to Buy Select Water Solutions Stock

Select Water Solutions Inc

Select Water Solutions is a specialty chemical company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker WTTR on the NYSE exchange.

Select Water Solutions stock last closed at $9.05, down 0.77% from the previous day, and has increased 28.73% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.17 percentage points. Select Water Solutions stock is currently +33.54% from its 52-week low of $6.78, and -7.08% from its 52-week high of $9.74.

There are currently 118.92M WTTR shares outstanding. The market value of WTTR is $1.08B. In the past 24 hours, 1.91M WTTR shares were traded.

How to Buy Select Water Solutions Stock

Wondering how to invest in Select Water Solutions stock? Here's how.
  1. Choose where to buy Select Water Solutions 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 choose where to buy Select Water Solutions stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Select Water Solutions stock: The Select Water Solutions ticker symbol is WTTR. Is Select Water Solutions stock a good investment? Should you buy shares of WTTR? How do WTTR's underlying business fundamentals look? Do top analysts think Select Water Solutions is a good buy? Why has WTTR's stock price moved recently? (Hint: Our stock market research tools can help you figure out if WTTR is a good stock to buy).
  5. Place your WTTR buy order: Decide if you will purchase WTTR shares at the current market price or use a limit order to purchase WTTR shares at a specific price.
  6. Track your investment in WTTR: Create a watchlist to track your position in Select Water Solutions shares.

Step 1: Choose where to buy Select Water Solutions stock

You will need a brokerage account to access the NYSE market and buy WTTR stock.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best place to buy stocks. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you can invest in WTTR today.

How to Create a New Account on eToro

  1. 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.
  2. Enter your personal info to create your new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you've filled out your info on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Select Water Solutions stock

After you have figured out the best place to buy Select Water Solutions stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Overview of key WTTR info

WTTR Price
$9.05
1w %
-3.93%
1y %
28.73%
5y %
-17.65%
P/E
13.92x
P/B
1.4x
P/S
0.7x
PEG
1.38x
Revenue
$1.54B
Earnings
$65.68M
Fore. Rev. Growth
1.58%
Fore. Earn. Growth
N/A
Market Cap
$1.08B
Next Earnings
May 8, 2024
Next Dividend
May 15, 2024

WTTR Due Diligence Checks

WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on WTTR's stock page.

What is the fair value of WTTR stock?

Investors use many financial metrics, analyses, models, and charts to gauge WTTR's fair value.

Using relative valuations measures:

  • WTTR could be undervalued based on its P/E ratio of 13.92x, relative to Specialty Chemicals industry P/E ratio of 32.52x
  • WTTR may be undervalued based on its P/B ratio of 1.4x, relative to Specialty Chemicals industry P/B ratio of 3.34x
  • WTTR could be overvalued based on its PEG ratio of 1.38x

You can access more valuation research on WTTR's stock here.

A look at WTTR Cashflows and Balance Sheet

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the WTTR balance sheet.
  • WTTR profit margin has gone up from 3.6% to 4.3% in the past year.
  • There are more short-term assets than long-term liabilities on the WTTR balance sheet.
  • WTTR's operating cash flow of $335.50M allows it to safely service it's debt of $131.10M.

Negative Financial Indicators:

  • WTTR has a relatively high debt to equity ratio of 0.52.
  • Total WTTR debt is higher than 5 years ago, relative to shareholder equity.
  • WTTR earnings of $10.92M is not enough to cover its interest payments.

Is it a good time to buy WTTR stock, according to analysts?

Out of 1 Wall Street analysts who research WTTR, the consensus analyst rating on Select Water Solutions is a Hold

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Select Water Solutions stock forecast page.

WTTR Momentum

SMA10
9.32
SMA20
9.28
SMA50
9.03
SMA100
8.27
SMA200
8.05
MACD
0.06
MACD Signal
0.11
MACD Histogram
-0.05
RSI
44.95
Stochastic %K
42.79
Stochastic %D
62.73
StochRSI %K
9.85
StochRSI %D
39.86

How are WTTR Revenues/Earnings doing?

Last year, WTTR earnings were $65.68M. In the past 5 year, WTTR's earnings have increased by 13.84% per year. This was faster than the Specialty Chemicals industry average of 3.85%.

Last year, WTTR revenue was $1.54B. Over the last 5 year, WTTR's revenue has grown by 0.26% per year. This was slower than the Specialty Chemicals industry average of 7.42%.

Find out more about WTTR's earnings and revenue performance here.

Are WTTR insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at WTTR have sold more shares than they have bought.

Christopher Kile George, EVP and CFO of WTTR, was the latest WTTR insider to sell. They sold $30,299.96 worth of WTTR shares on Mar 20, 2024.

Get more info about who owns WTTR stock here.

Does WTTR provide a stable income stream?

Select Water Solutions pays a dividend of 3.09%, compared to the Specialty Chemicals industry's average dividend yield of 3.58%. If you owned $1,000 of WTTR stock, you would have received $30.94 in the past 12 months.

Dig into more analysis about Select Water Solutions dividend yield and history here.

What do other traders have to say about WTTR?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your WTTR buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you 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, place a limit order.

Press the Open button and your broker will execute the order.

If you require additional help investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Track your investment in WTTR

Now that you own some shares in WTTR, you'll want to keep up with your shares.

Make a watchlist to get notified of the latest news about your WTTR stock.

WTTR Feed

How to Buy Stock in Select Water Solutions

To summarize, here are the 6 steps for buying Select Water Solutions stock:

  1. Choose where to buy Select Water Solutions stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Select Water Solutions stock
  5. Place your WTTR buy order
  6. Track your investment in WTTR

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Select Water Solutions, create a watchlist on WallStreetZen today.

NYSE: WTTR
$9.05-0.07 (-0.77%)
Updated May 2, 2024
Open eToro Account
NYSE: WTTR
$9.05-0.07 (-0.77%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Select Water Solutions share?

As of May 2, 2024, it costs $9.05 to buy one share of Select Water Solutions stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.442 shares of WTTR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Select Water Solutions stock?

According to 1 Wall Street analysts who monitor Select Water Solutions, their consensus recommendation is to hold Select Water Solutions stock.

What is the best way to buy Select Water Solutions stock?

One way to place an order for Select Water Solutions stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.