How to Buy Starrett L S Co Stock
Starrett L S Co
Starrett L S Co is a tool & accessory company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker SCX on the NYSE exchange.
Starrett L S Co stock last closed at $16.02, up 0% from the previous day, and has increased 55.69% in one year. It has overperformed other stocks in the Tools & Accessories industry by 0.48 percentage points. Starrett L S Co stock is currently +87.37% from its 52-week low of $8.55, and -0.12% from its 52-week high of $16.04.
At the moment, there are 7.5M shares of SCX outstanding. The market value of SCX is $120.23M. In the past 24 hours, 43,615 SCX shares were traded.
How to Buy Starrett L S Co Stock
Not sure how to invest in Starrett L S Co stock? Here's how.
- Choose where to buy Starrett L S Co stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Starrett L S Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Research Starrett L S Co stock: The Starrett L S Co ticker symbol is SCX. Is Starrett L S Co stock a good investment? Should you buy shares of SCX? How do SCX's underlying business fundamentals look? Do top analysts think Starrett L S Co is a good buy? Why has SCX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SCX is a good stock to buy).
- Place your SCX buy order: Decide if you will purchase SCX shares at the current market price or use a limit order to purchase SCX shares at a given price.
- Watch your SCX investment: Create a watchlist to get live updates on your investment in Starrett L S Co stock.
Step 1: Choose where to buy Starrett L S Co stock
You will need a brokerage account to access the NYSE market and buy SCX shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy SCX today.
How to Create 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.
- Enter your personal info to start a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on app for stock market, you need to deposit funds:
Check out this video walkthrough if you need help transferring money into your new investment account.
Step 4: Research Starrett L S Co stock
After you have chosen the best place to buy Starrett L S Co stock, it's important to evaluate their stock prior to investing, so you actually comprehend the risk and upside.
Starrett L S Co stock at a glance
SCX Fundamentals
WallStreetZen was designed 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 SCX's stock page.
Is SCX stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SCX's intrinsic value.
Using relative valuations methods:
- SCX may be overvalued based on its P/E ratio of 6.11x, relative to Tools & Accessories industry P/E ratio of 3.74x
- SCX may be undervalued based on its P/B ratio of 0.92x, relative to Tools & Accessories industry P/B ratio of 2.69x
- SCX could be undervalued based on its PEG ratio of 0.28x
You can access more valuation analysis on SCX's stock here.
SCX Financial Health Summary
Passed Health Checks:
- Total SCX debt is lower than 5 years ago, relative to shareholder equity.
- SCX's operating cash flow of $27.72M allows it to safely service it's debt of $12.08M.
- SCX profit margin has gone up from 5.5% to 7.7% in the past year.
- There are more short-term assets than short-term liabilities on the SCX balance sheet.
- SCX earnings of $22.08M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SCX balance sheet.
Failed Health Checks:
- SCX has a relatively high debt to equity ratio of 0.43.
Metrics for Advanced SCX Traders
How is SCX performing as a company?
Last year, SCX earnings were $19.43M. Over the past five year, SCX's earnings have increased by 30.21% per year. This was faster than the Tools & Accessories industry average of 6.01%.
Last year, SCX revenue was $251.66M. Over the last five year, SCX's revenue has gone up by 2.65% per year. This was slower than the Tools & Accessories industry average of 6.66%.
Dive into SCX's earnings and revenue performance here.
Are SCX executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at SCX have bought more shares than they have sold.
David T. Allen, VP Global Test Measurement of SCX, was the latest SCX insider to sell. They sold $5,366.65 worth of SCX stock on Dec 1, 2023.
Research more about who owns SCX shares here.
Can I rely on SCX as an income stream?
No, Starrett L S Co doesn't provide an income stream by paying out dividends.
What others are saying about SCX
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your SCX buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order 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, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Watch your SCX investment
Now that you own some SCX shares, you'll want to keep up with your new company.
Put SCX on a watchlist to keep tabs on your SCX stock.
SCX Feed
How to Buy Stock in Starrett L S Co
To reiterate, here are the 6 steps you need to take to buy Starrett L S Co stock right now:
- Choose where to buy Starrett L S Co stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Starrett L S Co stock
- Place your SCX buy order
- Watch your SCX investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Starrett L S Co, create a watchlist on WallStreetZen today.
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