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How to Buy Southland Holdings Stock

Southland Holdings Inc

Legato Merger Corp. II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.

Southland Holdings stock last closed at $5.52, down 0.72% from the previous day, and has decreased 37.34% in one year. It has underperformed other stocks in the Engineering & Construction industry by 0.97 percentage points. Southland Holdings stock is currently +38% from its 52-week low of $4.00, and -42.74% from its 52-week high of $9.64.

There are currently 47.94M SLND shares outstanding. The market capitalization of SLND is $264.65M. In the last 24 hours, 28,049 SLND shares were traded.

How to Buy Southland Holdings Stock

Wondering how to invest in Southland Holdings stock? Here's how.
  1. Choose where to buy Southland Holdings stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Southland Holdings stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Choose your payment method and add your info.
  4. Research Southland Holdings stock: The Southland Holdings ticker symbol is SLND. Is Southland Holdings stock a good investment? Should you buy shares of SLND? How do SLND's underlying business fundamentals look? Do top analysts think Southland Holdings is a good buy? Why has SLND's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SLND is a good stock to buy).
  5. Execute your SLND purchase: Decide if you will purchase SLND shares at the current market price or use a limit order to purchase SLND stock at a particular price.
  6. Get the latest news on your SLND investment: Create a watchlist to keep tabs on your investment in Southland Holdings shares.

Step 1: Choose where to buy Southland Holdings stock

You will need an online brokerage account to access the NYSEMKT market and buy SLND shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

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

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  1. Click here to get started.
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  2. Enter your personal details to open your new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit funds into your investment account

Now that you have opened your account on the highest rated stock app, you can securely and quickly fund your account:

Check out the tutorial below for more details transferring funds into your new investment account.

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

Step 4: Research Southland Holdings stock

Once you have selected the best place to buy Southland Holdings stock, it's crucial to analyze their stock prior to buying, so you truly understand the risk as well as the upside.

Southland Holdings quick stats

SLND Price
$5.52
1w %
13.11%
1y %
-37.34%
5y %
N/A
P/E
-13.46x
P/B
1.06x
P/S
0.22x
PEG
N/A
Revenue
$1.16B
Earnings
-$19.25M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$264.65M
Next Earnings
N/A
Next Dividend
N/A

SLND Fundamentals

WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.

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

Is SLND stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge SLND's true value.

Using relative valuations metrics:

  • SLND could be undervalued based on its P/B ratio of 1.06x, relative to Engineering & Construction industry P/B ratio of 4.33x

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

A quick look at SLND Financials

Passed Financial Due Diligence Checks:

  • SLND has $63.82M in cash and short term investments. This is enough to cover its annual cash burn of $12.30M.
  • There are more short-term assets than long-term liabilities on the SLND balance sheet.
  • There are more short-term assets than short-term liabilities on the SLND balance sheet.
  • SLND has cash burn of 12297000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Financial Due Diligence Checks:

  • SLND has a relatively high debt to equity ratio of 3.77.
  • SLND profit margin has gone down from 5.2% to -1.7% in the past year.

Do Wall Street analysts think it's a good time to buy SLND stock

Out of 1 Equities analysts who give recommendations on SLND, the consensus analyst rating on SLND is a Hold

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Southland Holdings stock forecast page.

SLND Technical Indicators

SMA10
5.17
SMA20
5
SMA50
4.91
SMA100
5.16
SMA200
6.23
MACD
0.13
MACD Signal
0.09
MACD Histogram
0.05
RSI
60.34
Stochastic %K
64.33
Stochastic %D
65.66
StochRSI %K
67.59
StochRSI %D
61.16

SLND Earnings

Last year, SLND revenue was $1.16B. During the last 4 year, SLND's revenue has increased by 2.59% per year. This was slower than the Engineering & Construction industry average of 10.77%.

You can research SLND's earnings and revenue performance here.

Who is buying/selling SLND?

Over the past 12 months, insiders at SLND have sold more shares than they have bought.

Cody Gallarda, CFO EVP AND TREASURER of SLND, was the latest SLND insider to sell. They sold $171,161.88 worth of SLND shares on Feb 14, 2024.

Dig into more about who owns SLND shares here.

Does SLND provide a stable income stream?

No, Southland Holdings doesn't provide an income stream by paying out dividends.

What do other traders have to say about SLND?

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

Click below to find out what other investors have to say.

Step 5: Execute your SLND purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you 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 dollar amount limit, place a limit order.

Press the Open button and eToro will execute your order.

If you need additional assistance buying stocks on eToro, click the helpful video below:

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Step 6: Get the latest news on your SLND investment

Now that you own some shares in SLND, you'll want to stay up-to-date on your new shares.

Create a watchlist to track your SLND stock.

SLND Feed

How to Buy Stock in Southland Holdings

To summarize, here are the 6 steps to buy stock in Southland Holdings:

  1. Choose where to buy Southland Holdings stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Research Southland Holdings stock
  5. Execute your SLND purchase
  6. Get the latest news on your SLND investment

If you require a brokerage account, 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 tabs on your new investment in Southland Holdings, create your watchlist below.

NYSEMKT: SLND
$5.52-0.04 (-0.72%)
Updated Mar 27, 2024
Open eToro Account
NYSEMKT: SLND
$5.52-0.04 (-0.72%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Southland Holdings share?

As of Mar 27, 2024, it costs $5.52 to buy one share of Southland Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.362 shares of SLND.

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 Southland Holdings stock?

According to 1 Wall Street analysts who monitor Southland Holdings, their consensus recommendation is to hold Southland Holdings stock.

What is the best way to buy Southland Holdings stock?

One way to place an order for Southland Holdings 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.