How to Buy Tootsie Roll Industries Stock
Tootsie Roll Industries Inc
Tootsie Roll Industries is a confectioner company located in Illinois, United States, which is part of the Consumer Defensive sector, and is traded under the ticker TR on the NYSE exchange.
Tootsie Roll Industries stock last closed at $30.32, down 0.46% from the previous day, and has decreased 28.94% in one year. It has underperformed other stocks in the Confectioners industry by 0.06 percentage points. Tootsie Roll Industries stock is currently +7.45% from its 52-week low of $28.22, and -29.46% from its 52-week high of $42.98.
As of Apr 23, 2024, there are 71.53M TR shares outstanding. The market capitalization of TR is $2.17B. In the past 24 hours, 51,146 TR shares were traded.
How to Buy Tootsie Roll Industries Stock
Wondering how to invest in Tootsie Roll Industries stock? Here's how.
- Decide where to buy Tootsie Roll Industries stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Tootsie Roll Industries stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your information.
- Evaluate Tootsie Roll Industries stock: The Tootsie Roll Industries ticker symbol is TR. Is Tootsie Roll Industries stock a good investment? Should you buy shares of TR? How do TR's underlying business fundamentals look? Do top analysts think Tootsie Roll Industries is a good buy? Why has TR's stock price moved recently? (Hint: Our stock research website can help you understand if TR is a good stock to buy).
- Make your TR trade: Decide if you will purchase TR shares at the current market price or use a limit order to purchase TR shares at a specific price.
- Get updates on your TR investment: Create a watchlist to get the latest news on your investment in Tootsie Roll Industries stock.
Step 1: Decide where to buy Tootsie Roll Industries stock
You need a brokerage account to access the NYSE market and buy TR stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to invest in TR today.
How to Set Up 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 data to open your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on one of the best stock market apps, you need to deposit funds:
Check out the video below for more details transferring money into your new investment account.
Step 4: Evaluate Tootsie Roll Industries stock
Once you have chosen the best place to buy Tootsie Roll Industries stock, it's important to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Tootsie Roll Industries Metrics
Fundamentals of TR
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on TR's stock page.
Is TR stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TR's intrinsic value.
Using relative valuations methods:
- TR may be overvalued based on its P/E ratio of 23.65x, relative to Confectioners industry P/E ratio of 19.69x
- TR could be undervalued based on its P/B ratio of 2.63x, relative to Confectioners industry P/B ratio of 4.08x
- TR could be overvalued based on its PEG ratio of 3.43x
You can do additional valuation research on TR's stock here.
TR Financial Health Summary
Passed Health Checks:
- TR's operating cash flow of $94.61M allows it to safely service it's debt of $15.90M.
- TR has a low debt to equity ratio of 0.32.
- TR earnings of $119.92M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the TR balance sheet.
- TR profit margin has gone up from 11.1% to 11.9% in the past year.
- There are more short-term assets than short-term liabilities on the TR balance sheet.
Failed Health Checks:
- Total TR debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced TR Traders
Is TR Making Money?
Last year, TR earnings were $91.91M. In the last five year, TR's earnings have grown by 9.46% per year. This was slower than the Confectioners industry average of 10.08%.
Last year, TR revenue was $769.37M. In the past 5 year, TR's revenue has grown by 8.19% per year. This was faster than the Confectioners industry average of 7%.
You can analyze TR's earnings and revenue performance here.
Who is buying/selling TR?
Over the past 12 months, insiders at TR have not bought or sold any shares.
Get more info about who owns TR stock here.
Can I rely on TR as an income stream?
Tootsie Roll Industries pays a dividend of 1.16%, compared to the Confectioners industry's average dividend yield of 2.02%. If you owned $1,000 worth of TR stock, you would have received $11.61 in the past 12 months.
Tootsie Roll Industries dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Tootsie Roll Industries dividend yield and history here.
What others are saying about TR
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your TR trade
There are two primary options:
- 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 fine. - 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 certain you're buying or selling at a specific price, use a limit order.
Hit the Open button and your broker will place your order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your TR investment
Now that you own some TR shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to get the latest updates about your TR stock.
TR Feed
How to Buy Stock in Tootsie Roll Industries
To reiterate, here are the 6 steps to buy stock in Tootsie Roll Industries:
- Decide where to buy Tootsie Roll Industries stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Tootsie Roll Industries stock
- Make your TR trade
- Get updates on your TR investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Tootsie Roll Industries, create a watchlist today.
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