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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 $18.61, down 1.38% from the previous day, and has decreased 13.2% in one year. It has underperformed other stocks in the Food Distribution industry by 0.05 percentage points. Spartannash Co stock is currently +1.53% from its 52-week low of $18.33, and -24.07% from its 52-week high of $24.51.

As of Jun 20, 2024, there are 33.89M shares of SPTN outstanding. The market value of SPTN is $630.73M. In the last 24 hours, 162,826 SPTN shares were traded.

How to Buy Spartannash Co Stock

Wondering how to invest in Spartannash Co stock? Here's how.
  1. Choose where to buy Spartannash Co stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Spartannash Co stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. 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 understand if SPTN is a good stock to buy).
  5. 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 specific price.
  6. Track your SPTN position: Create a watchlist to important updates regarding your new investment in Spartannash Co stock.

Step 1: Choose where to buy Spartannash Co stock

You need an online brokerage account to access the NASDAQ market and buy SPTN shares.

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

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Step 2: Create your brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal info so you can invest in SPTN stock today.

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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on the highest rated app to buy and sell stocks, you need to deposit funds:

Watch the video below if you need help depositing funds into your new brokerage account.

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Step 4: Research Spartannash Co stock

After you have chosen the best place to buy Spartannash Co stock, it's important to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the upside.

Spartannash Co stock at a glance

SPTN Price
$18.61
1w %
-1.72%
1y %
-13.2%
5y %
66.01%
P/E
11.7x
P/B
0.8x
P/S
0.07x
PEG
0.62x
Revenue
$9.63B
Earnings
$53.87M
Fore. Rev. Growth
-0.37%
Fore. Earn. Growth
23.27%
Market Cap
$630.73M
Next Earnings
Aug 15, 2024
Next Dividend
Jun 28, 2024

Spartannash Co Due Diligence Checks

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on SPTN's stock page.

Is SPTN stock overvalued?

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

Using relative valuations measures:

  • SPTN could be undervalued based on its P/E ratio of 11.7x, relative to Food Distribution industry P/E ratio of 19.01x
  • SPTN could be undervalued based on its P/B ratio of 0.8x, relative to Food Distribution industry P/B ratio of 4.03x
  • SPTN could be undervalued based on its PEG ratio of 0.62x

You can access additional valuation analysis on SPTN's stock here.

A look at SPTN Cashflows and Balance Sheet

Signs that SPTN is financially healthy:

  • There are more short-term assets than long-term liabilities on the SPTN balance sheet.
  • Total SPTN debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the SPTN balance sheet.
  • SPTN profit margin has gone up from 0.3% to 0.6% in the past year.

Signs that SPTN is not financially healthy:

  • SPTN earnings of $116.32M is not enough to cover its interest payments.
  • SPTN's operating cash flow of $128.50M allows it to safely service it's debt of $898.64M.
  • SPTN has a relatively high debt to equity ratio of 1.98.

Is it a good time to buy SPTN stock, according to Wall Street analysts?

Out of 1 Equities analysts who research SPTN, the consensus analyst rating on SPTN is a Hold

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Spartannash Co stock forecast page.

SPTN Technical Indicators

SMA10
19.17
SMA20
19.57
SMA50
19.63
SMA100
20.2
SMA200
21.35
MACD
-0.32
MACD Signal
-0.2
MACD Histogram
-0.12
RSI
35.06
Stochastic %K
24.43
Stochastic %D
20.75
StochRSI %K
36.68
StochRSI %D
27.06

How is SPTN performing as a company?

Last year, SPTN earnings were $53.87M. In the past five year, SPTN's earnings have grown by 14.73% per year. This was faster than the Food Distribution industry average of 5.37%.

Last year, SPTN revenue was $9.63B. Over the past 5 year, SPTN's revenue has increased by 3.21% per year. This was slower than the Food Distribution industry average of 11.89%.

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

What are SPTN insiders up to?

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

Kerrie D. MacPherson, Director of SPTN, was the latest SPTN insider to buy. They bought $19,450.00 worth of SPTN shares on Jun 7, 2024.

Learn more about who owns SPTN shares here.

Does SPTN provide a stable income stream?

Spartannash Co pays a dividend of 4.65%, compared to the Food Distribution industry's average dividend yield of 2.54%. If you owned $1,000 of SPTN stock, you would have been paid $46.48 in the past year.

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.

What others are saying about SPTN

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Step 5: Execute your SPTN buy order

You have two primary options:

  • 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 the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security 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.

Hit the Open button and eToro will place the order.

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Step 6: Track your SPTN position

Now that you own some SPTN stock, you'll want to stay up-to-date on your shares.

Make a watchlist to track the latest developments regarding your SPTN stock.

SPTN Feed

How to Buy Stock in Spartannash Co

To reiterate, here are the 6 steps to buy Spartannash Co stock:

  1. Choose where to buy Spartannash Co stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Spartannash Co stock
  5. Execute your SPTN buy order
  6. Track your SPTN position

If you require a brokerage, eToro is our favorite 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 Spartannash Co, add SPTN to your watchlist by clicking the button below.

NASDAQ: SPTN
$18.61-0.26 (-1.38%)
Updated Jun 20, 2024
Open eToro Account
NASDAQ: SPTN
$18.61-0.26 (-1.38%)
Updated Jun 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Spartannash Co share?

As of Jun 20, 2024, it costs $18.61 to buy one share of Spartannash Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.484 shares of SPTN.

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 Spartannash Co stock?

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

What is the best way to buy Spartannash Co stock?

One way to place an order for Spartannash Co 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.