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How to Buy Seneca Foods Stock

Seneca Foods Corp

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally.

Seneca Foods stock last closed at $57.11, up 0.48% from the previous day, and has increased 48.96% in one year. It has overperformed other stocks in the Packaged Foods industry by 0.58 percentage points. Seneca Foods stock is currently +75.72% from its 52-week low of $32.50, and -9.88% from its 52-week high of $63.37.

At the moment, there are 6.96M shares of SENEA outstanding. The market value of SENEA is $397.74M. In the last 24 hours, 31,974 SENEA shares were traded.

How to Buy Seneca Foods Stock

Not sure how to invest in Seneca Foods stock? Here's how.
  1. Decide where to buy Seneca Foods stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Seneca Foods stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your method of payment and add your information.
  4. Analyze Seneca Foods stock: The Seneca Foods ticker symbol is SENEA. Is Seneca Foods stock a good investment? Should you buy shares of SENEA? How do SENEA's underlying business fundamentals look? Do top analysts think Seneca Foods is a good buy? Why has SENEA's stock price moved recently? (Hint: Our stock research website can help you evaluate if SENEA is a good stock to buy).
  5. Make your SENEA trade: Decide if you will purchase SENEA shares at the current market price or use a limit order to purchase SENEA shares at a particular price.
  6. Monitor your investment in SENEA: Create a watchlist to get the latest news on your new investment in Seneca Foods shares.

Step 1: Decide where to buy Seneca Foods stock

You need an online brokerage account in order to access the NASDAQ market and buy SENEA shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to buy SENEA stock today.

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Step 3: Deposit money your investment account

Now that you've finished signing up on mobile trading apps, your next step is to transfer the money for your investment:

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Step 4: Analyze Seneca Foods stock

Once you have figured out the best place to buy Seneca Foods stock, it's critical to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the upside.

Seneca Foods stock quick numbers

SENEA Price
$57.11
1w %
-0.51%
1y %
48.96%
5y %
124.14%
P/E
6.61x
P/B
0.68x
P/S
0.29x
PEG
0.13x
Revenue
$1.46B
Earnings
$63.32M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$397.74M
Next Earnings
Aug 8, 2024
Next Dividend
N/A

Fundamentals of Seneca Foods

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.

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

What is the fair value of SENEA stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SENEA's intrinsic value.

Using relative valuations methods:

  • SENEA may be undervalued based on its P/E ratio of 6.61x, relative to Packaged Foods industry P/E ratio of 31.23x
  • SENEA could be undervalued based on its P/B ratio of 0.68x, relative to Packaged Foods industry P/B ratio of 2.07x
  • SENEA may be undervalued based on its PEG ratio of 0.13x

You can access more valuation analysis on SENEA's stock here.

SENEA Financial Health

Signs that SENEA is financially healthy:

  • SENEA profit margin has gone up from 0.6% to 4.3% in the past year.
  • SENEA has $11.85M in cash and short term investments. This is enough to cover its annual cash burn of $111.51M.
  • There are more short-term assets than long-term liabilities on the SENEA balance sheet.
  • There are more short-term assets than short-term liabilities on the SENEA balance sheet.

Signs that SENEA is not financially healthy:

  • SENEA has a relatively high debt to equity ratio of 1.37.
  • SENEA has cash burn of 111511000. It does not have enough cash and short-term investments to cover this.
  • Total SENEA debt is higher than 5 years ago, relative to shareholder equity.

SENEA Technicals

SMA10
57.74
SMA20
58.72
SMA50
58.76
SMA100
55.36
SMA200
54.08
MACD
-0.51
MACD Signal
-0.26
MACD Histogram
-0.25
RSI
43.01
Stochastic %K
62.87
Stochastic %D
66.43
StochRSI %K
18.35
StochRSI %D
27.86

How is SENEA performing as a company?

Last year, SENEA earnings were $63.32M. In the past five year, SENEA's earnings have increased by 71.05% per year. This was faster than the Packaged Foods industry average of 10.2%.

Last year, SENEA revenue was $1.46B. During the past five year, SENEA's revenue has increased by 3.99% per year. This was slower than the Packaged Foods industry average of 5.87%.

Learn more about SENEA's earnings and revenue performance here.

Who is buying/selling SENEA?

Over the past year, executives and large shareholders at SENEA have bought more shares than they have sold.

Michael S. Wolcott, SVP CFO Treasurer of SENEA, was the latest SENEA insider to buy. They bought $4,590.00 worth of SENEA stock on Feb 14, 2024.

Learn more about who owns SENEA stock here.

Does SENEA provide a stable income stream?

No, Seneca Foods doesn't provide an income stream by paying out dividends.

What do other traders have to say about SENEA?

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Step 5: Make your SENEA trade

There are two main 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 generally fine for most 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 be sure you're buying or selling at a given price limit, place a limit order.

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Step 6: Monitor your investment in SENEA

Now that you own some SENEA shares, you'll want to keep up with your new company.

Start a watchlist to get the latest updates about your SENEA stock.

SENEA Feed

How to Buy Stock in Seneca Foods

To summarize, here are the 6 steps to buy stock in Seneca Foods:

  1. Decide where to buy Seneca Foods stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Analyze Seneca Foods stock
  5. Make your SENEA trade
  6. Monitor your investment in SENEA

If you require a online brokerage, eToro is our favorite venue.

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 tabs on your investment in Seneca Foods, create a watchlist on WallStreetZen today.

NASDAQ: SENEA
$57.11+0.27 (+0.48%)
Updated Jun 24, 2024
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NASDAQ: SENEA
$57.11+0.27 (+0.48%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Seneca Foods share?

As of Jun 24, 2024, it costs $57.11 to buy one share of Seneca Foods stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.175 shares of SENEA.

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.

What is the best way to buy Seneca Foods stock?

One way to place an order for Seneca Foods 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.