How to Buy Toro Stock
Toro Corp
Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide.
Toro stock last closed at $4.17, up 4.51% from the previous day, and has increased 25.6% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.16 percentage points. Toro stock is currently +53.31% from its 52-week low of $2.72, and -42.47% from its 52-week high of $7.25.
There are currently 18.98M shares of TORO outstanding. The market capitalization of TORO is $79.14M. In the last 24 hours, 36,339 TORO shares were traded.
How to Buy Toro Stock
Not sure how to invest in Toro stock? Here's how.
- Decide where to buy Toro stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Toro stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your details.
- Evaluate Toro stock: The Toro ticker symbol is TORO. Is Toro stock a good investment? Should you buy shares of TORO? How do TORO's underlying business fundamentals look? Do top analysts think Toro is a good buy? Why has TORO's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if TORO is a good stock to buy).
- Make your TORO purchase: Decide if you will purchase TORO shares at the current market price or use a limit order to buy TORO stock at a given price.
- Keep an eye on your investment in TORO: Create a watchlist to important updates regarding your position in Toro shares.
Step 1: Decide where to buy Toro stock
You will need an online brokerage account in order to access the NASDAQ market and buy TORO shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can buy TORO stock today.
How to Set Up 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 start a new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on the best free stock trading app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Toro stock
After you have identified the best place to buy Toro stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk and upside.
Overview of key TORO info
Toro Due Diligence Checks
WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TORO's stock page.
Is TORO stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TORO's true value.
Using relative valuations measures:
- TORO could be undervalued based on its P/E ratio of 0.48x, relative to Marine Shipping industry P/E ratio of 17.39x
- TORO may be undervalued based on its P/B ratio of 0.45x, relative to Marine Shipping industry P/B ratio of 1.02x
- TORO may be undervalued based on its PEG ratio of 0.01x
You can access additional valuation analysis on TORO's stock here.
A look at TORO Cashflows and Balance Sheet
Passed Health Checks:
- TORO earnings of $141.95M is not sufficient to cover its interest payments.
- TORO profit margin has gone up from 44.6% to 174.6% in the past year.
- TORO's operating cash flow of $56.13M allows it to safely service it's debt of $5.21M.
- There are more short-term assets than short-term liabilities on the TORO balance sheet.
- There are more short-term assets than long-term liabilities on the TORO balance sheet.
Failed Health Checks:
- TORO has a relatively high debt to equity ratio of 0.74.
TORO Trading Indicators
Is TORO Making Money?
Last year, TORO earnings were $137.04M. During the last 1 years, TORO's earnings have grown by 64.58% per year. This was faster than the Marine Shipping industry average of 15.39%.
Last year, TORO revenue was $78.47M. Over the last 2 year, TORO's revenue has increased by 63.75% per year. This was faster than the Marine Shipping industry average of 15.29%.
You can research TORO's earnings and revenue performance here.
Latest Insiders Trades at TORO
Over the last 12 months, insiders at TORO have not bought or sold any shares.
Get more info about who owns TORO stock here.
Can I rely on TORO as an income stream?
No, Toro doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your TORO purchase
You have two main options:
- 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 enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open button and eToro will execute your order.
If you want additional help buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in TORO
Now that you own some shares in TORO, you'll want to keep up with your new investment.
Create a watchlist to see the latest developments about your TORO stock.
TORO Feed
How to Buy Stock in Toro
To reiterate, here are the 6 steps to buy Toro stock:
- Decide where to buy Toro stock
- Create a brokerage account
- Put funds into your investment account
- Evaluate Toro stock
- Make your TORO purchase
- Keep an eye on your investment in TORO
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Toro, create your watchlist below.
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