How to Buy Spartannash Co Stock
Spartannash Co
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail.
Spartannash Co stock last closed at $19.52, up 0.46% from the previous day, and has decreased 21.54% in one year. It has underperformed other stocks in the Food Distribution industry by 0.19 percentage points. Spartannash Co stock is currently +5.12% from its 52-week low of $18.57, and -21.29% from its 52-week high of $24.80.
There are currently 34.62M SPTN shares outstanding. The market cap of SPTN is $675.75M. In the last 24 hours, 255,893 SPTN shares were traded.
How to Buy Spartannash Co Stock
Not sure how to invest in Spartannash Co stock? Here's how.
- Choose where to buy Spartannash Co stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Spartannash Co stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Research Spartannash Co stock: The Spartannash Co ticker symbol is SPTN. Is Spartannash Co stock a good investment? Should you buy shares of SPTN? How do SPTN's underlying business fundamentals look? Do top analysts think Spartannash Co is a good buy? Why has SPTN's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SPTN is a good stock to buy).
- Execute your SPTN buy order: Decide if you will purchase SPTN shares at the current market price or use a limit order to purchase SPTN stock at a particular price.
- Track your SPTN position: Create a watchlist to monitor your new investment in Spartannash Co stock.
Step 1: Choose where to buy Spartannash Co stock
You will need a brokerage account in order to access the NASDAQ market and buy SPTN stock.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to invest in SPTN stock today.
How to Set Up 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 details to create a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the greatest app to buy stocks, you can securely and quickly fund your account:
Watch the video below to see the process of transferring funds into your new investment account.
Step 4: Research Spartannash Co stock
Once you have identified the best place to buy Spartannash Co stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Overview of key SPTN info
Fundamentals of Spartannash Co
WallStreetZen was designed to help average investors do better fundamental analysis.
You can see all of the due diligence checks on SPTN's stock page.
How is SPTN stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SPTN's true value.
Using relative valuations ratios:
- SPTN could be undervalued based on its P/E ratio of 12.76x, relative to Food Distribution industry P/E ratio of 21.62x
- SPTN could be undervalued based on its P/B ratio of 0.87x, relative to Food Distribution industry P/B ratio of 4.11x
- SPTN could be undervalued based on its PEG ratio of 0.17x
You can access additional valuation research on SPTN's stock here.
SPTN Financial Health
Signs that SPTN is financially healthy:
- SPTN has $17.96M in cash and short term investments. This is enough to cover its annual cash burn of $26.67M.
- There are more short-term assets than short-term liabilities on the SPTN balance sheet.
- SPTN profit margin has gone up from 0.4% to 0.5% in the past year.
- There are more short-term assets than long-term liabilities on the SPTN balance sheet.
Signs that SPTN is not financially healthy:
- SPTN has a relatively high debt to equity ratio of 2.03.
- SPTN has cash burn of 26670000. It does not have sufficient cash and short-term investments to cover this.
- Total SPTN debt is higher than 5 years ago, relative to shareholder equity.
Is Spartannash Co stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who research SPTN, the consensus analyst rating on SPTN is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Spartannash Co stock forecast page.
SPTN Technical Indicators
How is SPTN performing as a company?
Last year, SPTN earnings were $52.24M. Over the last 5 year, SPTN's earnings have gone up by 10.47% per year. This was faster than the Food Distribution industry average of 6.13%.
Last year, SPTN revenue was $9.73B. In the past five year, SPTN's revenue has gone up by 3.82% per year. This was slower than the Food Distribution industry average of 11.1%.
Learn more about SPTN's earnings and revenue performance here.
Are SPTN insiders buying or selling the stock?
In the past year, executives and large shareholders at SPTN have sold more shares than they have bought.
Jason Monaco, EVP Chief Financial Officer of SPTN, was the latest SPTN insider to sell. They sold $59,559.50 worth of SPTN stock on Mar 22, 2024.
Get more info about who owns SPTN stock here.
Can I rely on SPTN as an income stream?
Spartannash Co pays a dividend of 4.42%, compared to the Food Distribution industry's average dividend yield of 2.4%. If you owned $1,000 worth of SPTN stock, you would have received $44.19 in the past 12 months.
Spartannash Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Spartannash Co dividend yield and history here.
SPTN Social Trading Data
One of the primary 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 SPTN buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - 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 a specific dollar amount limit, place a limit order.
Press the Open button and eToro will place your order.
If you want more help investing in stocks on eToro, click the helpful video below:
Step 6: Track your SPTN position
Now that you own some SPTN shares, you'll want to keep up with your stock purchase.
Make a watchlist to track the latest developments regarding your SPTN stock.
SPTN Feed
How to Buy Stock in Spartannash Co
To summarize, here are the 6 steps to buy stock in Spartannash Co:
- Choose where to buy Spartannash Co stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Spartannash Co stock
- Execute your SPTN buy order
- Track your SPTN position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your investment in Spartannash Co, add SPTN to your watchlist by clicking the button below.
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