How to Buy Suncoke Energy Stock
Suncoke Energy Inc
Suncoke Energy is a coking coal company located in Illinois, United States, which is part of the Basic Materials sector, and is traded under the ticker SXC on the NYSE exchange.
Suncoke Energy stock last closed at $9.31, up 1.86% from the previous day, and has increased 10.05% in one year. It has underperformed other stocks in the Coking Coal industry by 0.28 percentage points. Suncoke Energy stock is currently +38.75% from its 52-week low of $6.71, and -10.7% from its 52-week high of $10.43.
As of Nov 30, 2023, there are 83.76M shares of SXC outstanding. The market capitalization of SXC is $779.77M. In the past 24 hours, 561,022 SXC shares were traded.
How to Buy Suncoke Energy Stock
Wondering how to invest in Suncoke Energy stock? Here's how.
- Choose where to buy Suncoke Energy stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Suncoke Energy stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your information.
- Evaluate Suncoke Energy stock: The Suncoke Energy ticker symbol is SXC. Is Suncoke Energy stock a good investment? Should you buy shares of SXC? How do SXC's underlying business fundamentals look? Do top analysts think Suncoke Energy is a good buy? Why has SXC's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SXC is a good stock to buy).
- Place your SXC purchase: Decide if you will purchase SXC shares at the current market price or use a limit order to purchase SXC shares at a specific price.
- Get updates on your SXC position: Create a watchlist to track your position in Suncoke Energy shares.
Step 1: Choose where to buy Suncoke Energy stock
You will need an online brokerage account to access the NYSE market and buy SXC shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you are able to invest in SXC stock today.
How to Start a New 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.
- Input your personal info to start your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on investing apps, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring money into your brokerage account.
Step 4: Evaluate Suncoke Energy stock
After you have decided on the best place to buy Suncoke Energy stock, it's very important to analyze their stock prior to investing, so you can understand the risk and opportunity.
Suncoke Energy shares data
Fundamentals of SXC
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SXC's stock page.
Is SXC stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SXC's intrinsic value.
Using relative valuations methods:
- SXC may be overvalued based on its P/E ratio of 14.32x, relative to Coking Coal industry P/E ratio of 6.23x
- SXC may be undervalued based on its P/B ratio of 1.28x, relative to Coking Coal industry P/B ratio of 2.96x
- SXC may be overvalued based on its PEG ratio of 6.97x
You can access more valuation research on SXC's stock here.
SXC Financials at a glance
Positive Financial Indicators:
- Total SXC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the SXC balance sheet.
- SXC's operating cash flow of $280.90M allows it to safely service it's debt of $496.10M.
Negative Financial Indicators:
- SXC earnings of $116.40M is not sufficient to cover its interest payments.
- SXC profit margin has gone down from 5.6% to 2.7% in the past year.
- There are more long-term liabilities than short-term assets on the SXC balance sheet.
- SXC has a relatively high debt to equity ratio of 1.71.
Is it a good time to buy Suncoke Energy stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who track SXC, the consensus analyst rating on SXC is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Suncoke Energy stock forecast page.
SXC Momentum
How are SXC Revenues/Earnings doing?
Last year, SXC earnings were $55.50M. In the past five year, SXC's earnings have grown by -23.31% per year. This was slower than the Coking Coal industry average of 13.04%.
Last year, SXC revenue was $2.06B. Over the past 5 year, SXC's revenue has increased by 7.36% per year. This was slower than the Coking Coal industry average of 9.7%.
You can analyze SXC's earnings and revenue performance here.
Latest Insiders Trades at SXC
Over the last 12 months, insiders at SXC have sold more shares than they have bought.
Phillip Michael Hardesty, Senior Vice President of SXC, was the latest SXC insider to sell. They sold $153,242.37 worth of SXC shares on Aug 31, 2023.
Get more info about who owns SXC stock here.
Does SXC stock generate passive income?
Suncoke Energy pays a dividend of 3.87%, compared to the Coking Coal industry's average dividend yield of 3.46%. If you owned $1,000 of SXC stock, you would have been paid $38.67 in the past 12 months.
Suncoke Energy dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Suncoke Energy dividend yield and history here.
Get opinions from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your SXC purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to 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 price limit, use a limit order.
Click the Open button and your broker will execute your order.
If you need more info about investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your SXC position
Now that you own some shares in SXC, you'll want to keep up with your stock purchase.
Make a watchlist to keep track of your SXC stock.
SXC Feed
How to Buy Stock in Suncoke Energy
To summarize, here are the 6 steps to buy stock in Suncoke Energy:
- Choose where to buy Suncoke Energy stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Suncoke Energy stock
- Place your SXC purchase
- Get updates on your SXC position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Suncoke Energy, get started below.
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