Is Steel Partners Stock a Good Investment?
Steel Partners Investment Advice | SPLP |
- Examine Steel Partners' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Steel Partners' leadership team and their track record. Good management can help Steel Partners navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Conglomerates space and any emerging trends that could impact Steel Partners' business and its evolving consumer preferences.
- Compare Steel Partners' performance and market position to its competitors. Analyze how Steel Partners is positioned in terms of product offerings, innovation, and market share.
- Check if Steel Partners pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Steel Partners' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Steel Partners Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Steel Partners Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Steel Partners Stock
Researching Steel Partners' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 49.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.76. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steel Partners Holdings recorded earning per share (EPS) of 9.77. The entity last dividend was issued on the 29th of December 2016. The firm had 1:12500 split on the 12th of January 2024.
To determine if Steel Partners is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Steel Partners' research are outlined below:
| About 49.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Tohoku Steels Conservative Accounting Might Explain Soft Earnings |
Steel Partners Quarterly Accounts Payable |
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Steel Partners uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Steel Partners Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Steel Partners' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Steel Partners' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Steel Partners is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Steel Partners Holdings backward and forwards among themselves. Steel Partners' institutional investor refers to the entity that pools money to purchase Steel Partners' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bb&t Corp. | 2024-09-30 | 5.7 K | Ubs Group Ag | 2024-06-30 | 2.3 K | Adar1 Capital Management Llc | 2024-06-30 | 0.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Gabelli Funds Llc | 2024-09-30 | 593 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 93.6 K | Alpha Omega Investment Advisors | 2024-09-30 | 76.6 K | Nj State Employees Deferred Compnstin Pl | 2024-09-30 | 36.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 26.4 K | Hightower Advisors, Llc | 2024-06-30 | 25.8 K | Kennedy Capital Management Inc | 2024-09-30 | 25.4 K |
Steel Partners' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 796.2 M.Market Cap |
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Steel Partners' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.02 | |
| Return On Capital Employed | 0.09 | 0.05 | |
| Return On Assets | 0.04 | 0.02 | |
| Return On Equity | 0.16 | 0.17 |
Determining Steel Partners' profitability involves analyzing its financial statements and using various financial metrics to determine if Steel Partners is a good buy. For example, gross profit margin measures Steel Partners' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Steel Partners' profitability and make more informed investment decisions.
Steel Partners' Earnings Breakdown by Geography
Evaluate Steel Partners' management efficiency
Steel Partners Holdings has return on total asset (ROA) of 0.0337 % which means that it generated a profit of $0.0337 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2371 %, meaning that it created $0.2371 on every $100 dollars invested by stockholders. Steel Partners' management efficiency ratios could be used to measure how well Steel Partners manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/28/2024, Return On Equity is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.02. At this time, Steel Partners' Total Current Liabilities is relatively stable compared to the past year. As of 11/28/2024, Non Current Liabilities Total is likely to grow to about 996.8 M, while Liabilities And Stockholders Equity is likely to drop slightly above 2.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 46.91 | 49.25 | |
| Tangible Book Value Per Share | 34.64 | 36.37 | |
| Enterprise Value Over EBITDA | 3.27 | 4.31 | |
| Price Book Value Ratio | 0.89 | 0.85 | |
| Enterprise Value Multiple | 3.27 | 4.31 | |
| Price Fair Value | 0.89 | 0.85 | |
| Enterprise Value | 899.5 M | 581.6 M |
The decision-making processes within Steel Partners are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 1.359 |
Basic technical analysis of Steel Stock
As of the 28th of November, Steel Partners has the Coefficient Of Variation of 2235.32, risk adjusted performance of 0.0413, and Semi Deviation of 1.98. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Steel Partners Holdings, as well as the relationship between them.Steel Partners' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Steel Partners insiders, such as employees or executives, is commonly permitted as long as it does not rely on Steel Partners' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Steel Partners insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Rory Tahari over six months ago Acquisition by Rory Tahari of 522 shares of Steel Partners subject to Rule 16b-3 | ||
Joseph Martin over six months ago Disposition of 4296 shares by Joseph Martin of Steel Partners at 40.0 subject to Rule 16b-3 |
Steel Partners' Outstanding Corporate Bonds
Steel Partners issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Steel Partners Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Steel bonds can be classified according to their maturity, which is the date when Steel Partners Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Steel Partners' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Steel Partners' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0413 | |||
| Market Risk Adjusted Performance | 0.1895 | |||
| Mean Deviation | 1.45 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 3.1 | |||
| Coefficient Of Variation | 2235.32 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.02 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0357 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1795 | |||
| Maximum Drawdown | 15.59 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.7 | |||
| Downside Variance | 9.59 | |||
| Semi Variance | 3.93 | |||
| Expected Short fall | (2.19) | |||
| Skewness | 1.1 | |||
| Kurtosis | 11.18 |
| Risk Adjusted Performance | 0.0413 | |||
| Market Risk Adjusted Performance | 0.1895 | |||
| Mean Deviation | 1.45 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 3.1 | |||
| Coefficient Of Variation | 2235.32 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.02 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0357 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1795 | |||
| Maximum Drawdown | 15.59 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.7 | |||
| Downside Variance | 9.59 | |||
| Semi Variance | 3.93 | |||
| Expected Short fall | (2.19) | |||
| Skewness | 1.1 | |||
| Kurtosis | 11.18 |
Consider Steel Partners' intraday indicators
Steel Partners intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Steel Partners stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Steel Partners Corporate Filings
| 13th of November 2024 Other Reports | ViewVerify | |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 4th of September 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Steel Stock media impact
Far too much social signal, news, headlines, and media speculation about Steel Partners that are available to investors today. That information is available publicly through Steel media outlets and privately through word of mouth or via Steel internal channels. However, regardless of the origin, that massive amount of Steel data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Steel Partners news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Steel Partners relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Steel Partners' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Steel Partners alpha.
Steel Partners Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Steel Partners can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Steel Partners Corporate Management
| Joseph JD | Chief Officer | Profile | |
| Gordon Walker | Senior Vice President | Profile | |
| Rory Yanchek | President of MTI | Profile | |
| Ryan OHerrin | Chief Officer | Profile |
Additional Tools for Steel Stock Analysis
When running Steel Partners' price analysis, check to measure Steel Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.