How to Buy Steel Partners Holdings Stock
Steel Partners Holdings LP
Steel Partners Holdings is a conglomerate company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker SPLP on the NYSE exchange.
Steel Partners Holdings stock last closed at $39.03, down 4.69% from the previous day, and has decreased 7.84% in one year. It has overperformed other stocks in the Conglomerates industry by 0.02 percentage points. Steel Partners Holdings stock is currently +17.84% from its 52-week low of $33.12, and -10.31% from its 52-week high of $43.52.
There are currently 20.48M SPLP shares outstanding. The market capitalization of SPLP is $799.17M. In the last 24 hours, 1757 SPLP shares were traded.
How to Buy Steel Partners Holdings Stock
Wondering how to invest in Steel Partners Holdings stock? Here's how.
- Figure out where to buy Steel Partners Holdings stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Steel Partners Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your info.
- Research Steel Partners Holdings stock: The Steel Partners Holdings ticker symbol is SPLP. Is Steel Partners Holdings stock a good investment? Should you buy shares of SPLP? How do SPLP's underlying business fundamentals look? Do top analysts think Steel Partners Holdings is a good buy? Why has SPLP's stock price moved recently? (Hint: Our stock analysis website can help you decide if SPLP is a good stock to buy).
- Make your SPLP buy order: Decide if you will purchase SPLP shares at the current market price or use a limit order to buy SPLP shares at a given price.
- Get updates on your SPLP position: Create a watchlist to track your new investment in Steel Partners Holdings shares.
Step 1: Figure out where to buy Steel Partners Holdings stock
You need an online brokerage account to access the NYSE market and buy SPLP stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to invest in SPLP stock today.
How to Start 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 info to start your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on one of the best stock trading apps, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Research Steel Partners Holdings stock
After you have figured out the best place to buy Steel Partners Holdings stock, it's absolutely critical to analyze their stock before you buy, so you truly wrap your head around the risk and upside.
Steel Partners Holdings shares at a glance
SPLP Due Diligence Checks
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SPLP's stock page.
Is SPLP stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SPLP's true value.
Using relative valuations measures:
- SPLP may be undervalued based on its P/E ratio of 3.71x, relative to Conglomerates industry P/E ratio of 41.52x
- SPLP could be undervalued based on its P/B ratio of 0.75x, relative to Conglomerates industry P/B ratio of 5.65x
- SPLP could be undervalued based on its PEG ratio of 0.03x
You can do more valuation analysis on SPLP's stock here.
A look at SPLP Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the SPLP balance sheet.
- Total SPLP debt is lower than 5 years ago, relative to shareholder equity.
- SPLP profit margin has gone up from 10.8% to 11% in the past year.
- There are more short-term assets than long-term liabilities on the SPLP balance sheet.
- SPLP's operating cash flow of $342.15M allows it to safely service it's debt of $139.23M.
Negative Financial Indicators:
- SPLP has a relatively high debt to equity ratio of 2.4.
- SPLP earnings of $273.34M is not sufficient to cover its interest payments.
SPLP Trading Indicators
How is SPLP performing as a company?
Last year, SPLP earnings were $217.40M. During the last five year, SPLP's earnings have grown by 172.46% per year. This was faster than the Conglomerates industry average of -7.71%.
Last year, SPLP revenue was $1.97B. Over the past 5 year, SPLP's revenue has gone up by 5.23% per year. This was faster than the Conglomerates industry average of -0.41%.
Dig into SPLP's earnings and revenue performance here.
What are SPLP executives and large shareholders up to?
In the past 12 months, insiders at SPLP have sold more shares than they have bought.
Joseph Richards Martin, Reporting Persons title Chief Administrative Officer and Chief Legal Officer of SPLP, was the latest SPLP insider to sell. They sold $55,297.50 worth of SPLP shares on Jun 19, 2024.
Dig into more about who owns SPLP shares here.
Does SPLP provide a stable income stream?
No, Steel Partners Holdings doesn't provide an income stream by paying out dividends.
What others are saying about SPLP
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your SPLP buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer 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 given dollar amount, use a limit order.
Press the Open Trade button and eToro will place your order.
If you need more help investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your SPLP position
Now that you own some shares in SPLP, you'll want to keep up with your new investment.
Add SPLP to a watchlist to get the latest updates about your SPLP stock.
SPLP Feed
How to Buy Stock in Steel Partners Holdings
To reiterate, here are the 6 steps to buy stock in Steel Partners Holdings:
- Figure out where to buy Steel Partners Holdings stock
- Open your brokerage account
- Fund your investment account
- Research Steel Partners Holdings stock
- Make your SPLP buy order
- Get updates on your SPLP position
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Steel Partners Holdings, add SPLP to your watchlist by clicking the button below.
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