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 $36.98, down 1.23% from the previous day, and has decreased 12.99% in one year. It has overperformed other stocks in the Conglomerates industry by 0.03 percentage points. Steel Partners Holdings stock is currently +11.65% from its 52-week low of $33.12, and -22.96% from its 52-week high of $48.00.
As of Apr 24, 2024, there are 20.72M SPLP shares outstanding. The market cap of SPLP is $766.19M. In the last 24 hours, 202 SPLP shares were traded.
How to Buy Steel Partners Holdings Stock
Not sure how to invest in Steel Partners Holdings stock? Here's how.
- Figure out where to buy Steel Partners Holdings stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Steel Partners Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your details.
- 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 research tools can help you evaluate 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 stock at a given price.
- Get updates on your SPLP position: Create a watchlist to keep track of your investment in Steel Partners Holdings stock.
Step 1: Figure out where to buy Steel Partners Holdings stock
You will need a brokerage account to access the NYSE market and buy SPLP shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info 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 details to create your new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on a good online stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Research Steel Partners Holdings stock
Once you have decided on the best place to buy Steel Partners Holdings stock, it's critical to analyze their stock prior to investing, so you truly wrap your head around the risk and upside.
Steel Partners Holdings stock at a glance
Fundamentals of SPLP
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on SPLP's stock page.
What is the fair value of SPLP stock?
You can use many financial metrics, analyses, models, and charts to gauge SPLP's true value.
Using relative valuations methods:
- SPLP could be undervalued based on its P/E ratio of 5.25x, relative to Conglomerates industry P/E ratio of 14.88x
- SPLP could be undervalued based on its P/B ratio of 0.8x, relative to Conglomerates industry P/B ratio of 4.9x
- SPLP may be undervalued based on its PEG ratio of 0.06x
You can do additional valuation research on SPLP's stock here.
Is SPLP a healthy company?
Positive Financial Indicators:
- Total SPLP debt is lower than 5 years ago, relative to shareholder equity.
- SPLP has $2.16B in cash and short term investments. This is sufficient to cover its annual cash burn of $28.38M.
- SPLP has cash burn of 28383000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the SPLP balance sheet.
- There are more short-term assets than short-term liabilities on the SPLP balance sheet.
Negative Financial Indicators:
- SPLP has a relatively high debt to equity ratio of 3.11.
- SPLP profit margin has gone down from 12.1% to 7.9% in the past year.
SPLP Technical Indicators
SPLP Performance Metrics
Last year, SPLP earnings were $150.83M. During the last 3 year, SPLP's earnings have gone up by 111.94% per year. This was faster than the Conglomerates industry average of 2.29%.
Last year, SPLP revenue was $1.91B. Over the past five year, SPLP's revenue has grown by 3.76% per year. This was faster than the Conglomerates industry average of -0.82%.
You can research SPLP's earnings and revenue performance here.
Are SPLP executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders 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 $35,441.91 worth of SPLP shares on Mar 15, 2024.
Get more info about who owns SPLP stock here.
Can I rely on SPLP as an income stream?
No, Steel Partners Holdings doesn't provide an income stream by paying out dividends.
SPLP Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your SPLP buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and eToro will execute your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your SPLP position
Now that you own some SPLP stock, you'll want to stay up-to-date on your company.
Put SPLP on a watchlist to track the latest developments regarding your SPLP stock.
SPLP Feed
How to Buy Stock in Steel Partners Holdings
To summarize, here are the 6 steps to buy Steel Partners Holdings stock:
- 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 require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Steel Partners Holdings, get started below.
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