How to Buy Vertex Energy Stock
Vertex Energy Inc
Vertex Energy, Inc. , an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States.
Vertex Energy stock last closed at $6.54, down 0.91% from the previous day, and has decreased 53.78% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.5 percentage points. Vertex Energy stock is currently +20.66% from its 52-week low of $5.42, and -63.87% from its 52-week high of $18.10.
As of May 26, 2023, there are 75.93M shares of VTNR outstanding. The market cap of VTNR is $496.61M. In the last 24 hours, 1.63M VTNR shares were traded.
How to Buy Vertex Energy Stock
Wondering how to invest in Vertex Energy stock? Here's how.
- Choose where to buy Vertex Energy stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Vertex Energy stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your info.
- Research Vertex Energy stock: The Vertex Energy ticker symbol is VTNR. Is Vertex Energy stock a good investment? Should you buy shares of VTNR? How do VTNR's underlying business fundamentals look? Do top analysts think Vertex Energy is a good buy? Why has VTNR's stock price moved recently? (Hint: Our stock market research tools can help you figure out if VTNR is a good stock to buy).
- Execute your VTNR buy order: Decide if you will purchase VTNR shares at the current market price or use a limit order to buy VTNR shares at a specific price.
- Watch your investment in VTNR: Create a watchlist to watch your position in Vertex Energy stock.
Step 1: Choose where to buy Vertex Energy stock
You need a brokerage account to access the NASDAQ market and buy VTNR stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you are able to buy VTNR today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Enter your personal data to create a new brokerage account.
- Send your data by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've filled out your info on a mobile trading app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring funds into your brokerage account.
Step 4: Research Vertex Energy stock
After you have selected the best place to buy Vertex Energy stock, it's important to analyze their stock before you invest, so you actually understand the risk as well as the opportunity.
Vertex Energy Metrics
VTNR Overview
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on VTNR's stock page.
Is VTNR stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VTNR's true value.
Using relative valuations measures:
- VTNR could be overvalued based on its P/E ratio of 9.62x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 3.64x
- VTNR may be overvalued based on its P/B ratio of 2.28x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 1.56x
- VTNR may be undervalued based on its PEG ratio of 0.17x
You can access additional valuation analysis on VTNR's stock here.
VTNR Financial Overview
Pros:
- VTNR has cash burn of 79568347. It has sufficient cash and short-term investments to cover this for at least one year.
- VTNR profit margin has gone up from -12% to 1.6% in the past year.
- VTNR has $95.12M in cash and short term investments. This is sufficient to cover its annual cash burn of $79.57M.
- There are more short-term assets than long-term liabilities on the VTNR balance sheet.
- There are more short-term assets than short-term liabilities on the VTNR balance sheet.
Cons:
- VTNR has a relatively high debt to equity ratio of 2.68.
- Total VTNR debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Vertex Energy stock, according to analysts?
Out of 5 Wall Street analysts who track VTNR, the consensus analyst rating on VTNR is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest VTNR Analyst Forecasts
Noah Kaye, a top 15% analyst from Oppenheimer maintains VTNR with a buy rating and lowers their VTNR price target from $14.00 to $13.00, on May 10, 2023.
Amit Dayal, a top 27% analyst from HC Wainwright & Co. reiterates VTNR with a buy rating and maintains their VTNR price target from $15.00 to $15.00, on Apr 18, 2023.
Jason Gabelman, a top 16% analyst from TD Cowen initiates coverage on VTNR with a hold rating and announces their VTNR price target of $8.00, on Mar 10, 2023.
Donovan Schafer, a bottom 15% analyst from Northland Securities initiates coverage on VTNR with a buy rating and announces their VTNR price target of $15.00, on Feb 8, 2023.
Manav Gupta, a bottom 9% analyst from UBS initiates coverage on VTNR with a hold rating and announces their VTNR price target of $6.90, on Dec 14, 2022.
You can dig deeper into what analysts are forecasting on the Vertex Energy stock forecast page.
VTNR Trading Indicators
How is VTNR performing as a company?
Last year, VTNR revenue was $3.37B. In the last 5 year, VTNR's revenue has gone up by 85.82% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 14.38%.
Find out more about VTNR's earnings and revenue performance here.
What are VTNR insiders up to?
Over the last 12 months, executives and large shareholders at VTNR have sold more shares than they have bought.
Alvaro Ruiz, Chief Strategy Officer of VTNR, was the latest VTNR insider to buy. They bought $9,062.50 worth of VTNR shares on May 20, 2023.
Learn more about who owns VTNR stock here.
Does VTNR stock generate passive income?
No, Vertex Energy doesn't provide an income stream by paying out dividends.
What others are saying about VTNR
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your VTNR buy order
There are 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 mostly fine. - Limit order: A limit order enables you 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 given price, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in VTNR
Now that you own some VTNR stock, you'll want to keep up with your stock purchase.
Start a watchlist to see the latest developments about your VTNR stock.
VTNR Feed
How to Buy Stock in Vertex Energy
To summarize, here are the 6 steps to buy Vertex Energy stock:
- Choose where to buy Vertex Energy stock
- Open a brokerage account
- Fund your brokerage account
- Research Vertex Energy stock
- Execute your VTNR buy order
- Watch your investment in VTNR
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Vertex Energy, get started below.
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