How to Buy Sifco Industries Stock
Sifco Industries Inc
SIFCO Industries, Inc. engages in the manufacture of forgings and machined components for the aerospace and energy markets.
Sifco Industries stock last closed at $3.13, down 1.97% from the previous day, and has increased 30.42% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.19 percentage points. Sifco Industries stock is currently +37.28% from its 52-week low of $2.28, and -36.77% from its 52-week high of $4.95.
As of May 3, 2024, there are 6.16M shares of SIF outstanding. The market cap of SIF is $19.28M. In the last 24 hours, 477 SIF shares were traded.
How to Buy Sifco Industries Stock
Wondering how to invest in Sifco Industries stock? Here's how.
- Choose where to buy Sifco Industries stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Sifco Industries stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your payment method and add your info.
- Research Sifco Industries stock: The Sifco Industries ticker symbol is SIF. Is Sifco Industries stock a good investment? Should you buy shares of SIF? How do SIF's underlying business fundamentals look? Do top analysts think Sifco Industries is a good buy? Why has SIF's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SIF is a good stock to buy).
- Place your SIF purchase: Decide if you will purchase SIF shares at the current market price or use a limit order to purchase SIF shares at a particular price.
- Keep an eye on your investment in SIF: Create a watchlist to get live updates on your investment in Sifco Industries shares.
Step 1: Choose where to buy Sifco Industries stock
You need a brokerage account to access the NYSEMKT market and buy SIF stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can buy SIF today.
How to Start a New Brokerage 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 open a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on one of the best stock apps, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Research Sifco Industries stock
Once you have identified the best place to buy Sifco Industries stock, it's crucial to evaluate their stock before you invest, so you truly understand the risk as well as the upside.
Sifco Industries stock at a glance
Fundamentals of Sifco Industries
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on SIF's stock page.
How is SIF stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SIF's true value.
Using relative valuations methods:
- SIF may be undervalued based on its P/B ratio of 0.62x, relative to Aerospace & Defense industry P/B ratio of 5.47x
You can access additional valuation analysis on SIF's stock here.
SIF Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the SIF balance sheet.
Failed Financial Due Diligence Checks:
- SIF has cash burn of 6187000. It does not have sufficient cash and short-term investments to cover this.
- SIF profit margin has gone down from -9.9% to -11% in the past year.
- SIF has $3.24M in cash and short term investments. This is not enough to cover its annual cash burn of $6.19M.
- There are more short-term liabilities than short-term assets on the SIF balance sheet.
- SIF has a relatively high debt to equity ratio of 2.25.
- Total SIF debt is higher than 5 years ago, relative to shareholder equity.
SIF Momentum
SIF Growth Metrics
Last year, SIF revenue was $86.78M. During the past five year, SIF's revenue has grown by -5.64% per year. This was slower than the Aerospace & Defense industry average of 7.5%.
You can analyze SIF's earnings and revenue performance here.
Are SIF executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at SIF have not bought or sold any shares.
Dig into more about who owns SIF stock here.
Does SIF stock generate passive income?
No, Sifco Industries doesn't provide an income stream by paying out dividends.
What others are saying about SIF
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your SIF purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and eToro will place your order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in SIF
Now that you own some SIF stock, you'll want to keep up with your new shares.
Put SIF on a watchlist to track your SIF stock.
SIF Feed
How to Buy Stock in Sifco Industries
To reiterate, here are the 6 steps to buy Sifco Industries stock:
- Choose where to buy Sifco Industries stock
- Open your brokerage account
- Fund your brokerage account
- Research Sifco Industries stock
- Place your SIF purchase
- Keep an eye on your investment in SIF
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in Sifco Industries, hit the button below to create your watchlist.
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