How to Buy Stealthgas Stock
Stealthgas Inc
StealthGas Inc. , together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. It also provides crude oil and natural gas.
Stealthgas stock last closed at $5.04, down 0.69% from the previous day, and has increased 101.4% in one year. It has overperformed other stocks in the Marine Shipping industry by 1.08 percentage points. Stealthgas stock is currently +100.6% from its 52-week low of $2.51, and -14.66% from its 52-week high of $5.90.
As of Sep 29, 2023, there are 38.1M GASS shares outstanding. The market value of GASS is $191.82M. In the last 24 hours, 245,714 GASS shares were traded.
How to Buy Stealthgas Stock
Wondering how to invest in Stealthgas stock? Here's how.
- Decide where to buy Stealthgas stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Stealthgas stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Research Stealthgas stock: The Stealthgas ticker symbol is GASS. Is Stealthgas stock a good investment? Should you buy shares of GASS? How do GASS's underlying business fundamentals look? Do top analysts think Stealthgas is a good buy? Why has GASS's stock price moved recently? (Hint: Our stock market research website can help you evaluate if GASS is a good stock to buy).
- Execute your GASS purchase: Decide if you will purchase GASS shares at the current market price or use a limit order to purchase GASS shares at a given price.
- Monitor your GASS position: Create a watchlist to keep tabs on your new investment in Stealthgas shares.
Step 1: Decide where to buy Stealthgas stock
You need a brokerage account to access the NASDAQ market and buy GASS shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you can invest in GASS today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to create a new trading account.
- Send your application by clicking the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the best stock trading app, your next step is to transfer the money for your investment:
Watch the video below for more details depositing money into your brokerage account.
Step 4: Research Stealthgas stock
Once you have chosen the best place to buy Stealthgas stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Stealthgas Metrics
GASS Fundamentals
WallStreetZen was designed to help part-time investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on GASS's stock page.
Is GASS stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge GASS's fair value.
Using relative valuations ratios:
- GASS could be undervalued based on its P/E ratio of 4.62x, relative to Marine Shipping industry P/E ratio of 10.57x
- GASS could be undervalued based on its P/B ratio of 0.35x, relative to Marine Shipping industry P/B ratio of 0.73x
- GASS may be undervalued based on its PEG ratio of 0.05x
You can do more valuation research on GASS's stock here.
A quick look at GASS Financials
Passed Financial Due Diligence Checks:
- GASS has a low debt to equity ratio of 0.31.
- There are more short-term assets than long-term liabilities on the GASS balance sheet.
- There are more short-term assets than short-term liabilities on the GASS balance sheet.
- Total GASS debt is lower than 5 years ago, relative to shareholder equity.
- GASS's operating cash flow of $83.33M allows it to safely service it's debt of $140.65M.
- GASS profit margin has gone up from -11.9% to 27.4% in the past year.
Failed Financial Due Diligence Checks:
- GASS earnings of $53.83M is not enough to cover its interest payments.
Is Stealthgas stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who monitor GASS, the consensus analyst rating on Stealthgas is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent GASS Analyst Upgrades/Downgrades
Tate Sullivan, a bottom 6% analyst from Maxim Group maintains GASS with a strong buy rating and raises their GASS price target from $7.00 to $8.00, on Aug 21, 2023.
You can dive deeper into what analysts are projecting on the Stealthgas stock forecast page.
Metrics for Advanced GASS Traders
GASS Growth Numbers
Last year, GASS earnings were $41.74M. Over the past 3 year, GASS's earnings have gone up by 136.01% per year. This was faster than the Marine Shipping industry average of 27.74%.
Last year, GASS revenue was $152.35M. In the past 5 year, GASS's revenue has grown by -0.98% per year. This was slower than the Marine Shipping industry average of 17.19%.
Dig into GASS's earnings and revenue performance here.
Latest Insiders Trades at GASS
Over the last 12 months, insiders at GASS have not bought or sold any shares.
Learn more about who owns GASS stock here.
Can I rely on GASS as an income stream?
No, Stealthgas doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary 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: Execute your GASS purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - 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 an exact price limit, use a limit order.
Hit the Open button and eToro will place the order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your GASS position
Now that you own some GASS shares, you'll want to keep up with your investment.
Add GASS to a watchlist to track your GASS stock.
GASS Feed
How to Buy Stock in Stealthgas
To summarize, here are the 6 steps you need to take to buy Stealthgas stock right now:
- Decide where to buy Stealthgas stock
- Create your brokerage account
- Deposit money your brokerage account
- Research Stealthgas stock
- Execute your GASS purchase
- Monitor your GASS position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Stealthgas, get started below.
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