Steel Partners Holdings Stock Buy Hold or Sell Recommendation
| SPLP Stock | USD 43.99 2.49 6.00% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Steel Partners Holdings is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Steel Partners Holdings given historical horizon and risk tolerance towards Steel Partners. When Macroaxis issues a 'buy' or 'sell' recommendation for Steel Partners Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Steel Partners Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Steel and provide practical buy, sell, or hold advice based on investors' constraints. Steel Partners Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Steel |
Execute Steel Partners Buy or Sell Advice
The Steel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Steel Partners Holdings. Macroaxis does not own or have any residual interests in Steel Partners Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Steel Partners' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong 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 |
Steel Partners Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of Steel Partners' historical returns is an attempt to chart the uncertainty of Steel Partners' future price movements. The chart of the probability distribution of Steel Partners daily returns describes the distribution of returns around its average expected value. We use Steel Partners Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Steel Partners returns is essential to provide solid investment advice for Steel Partners.
| Mean Return | 0.12 | Value At Risk | -3.66 | Potential Upside | 3.70 | Standard Deviation | 2.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Steel Partners historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Steel Stock Institutional Investors
The Steel Partners' institutional investors refer to entities that pool money to purchase Steel Partners' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| 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 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (199.0M) | (2.2M) | 189.6M | (90.9M) | 343.5M | 360.7M | |
| Free Cash Flow | 68.7M | 300.9M | 25.4M | (257.8M) | (30.2M) | (28.7M) | |
| Depreciation | 72.3M | 65.3M | 60.5M | 53.8M | 56.6M | 52.8M | |
| Other Non Cash Items | 75.4M | 15.2M | (1.1M) | (98.7M) | 87.2M | 91.6M | |
| Capital Expenditures | 43.0M | 23.2M | 52.3M | 47.5M | 51.5M | 36.4M | |
| Net Income | 3.9M | 83.5M | 132.4M | 206.2M | 150.8M | 158.4M | |
| End Period Cash Flow | 148.3M | 135.8M | 325.4M | 234.4M | 577.9M | 295.2M | |
| Change To Inventory | (9.5M) | 12.2M | (48.3M) | (41.1M) | 19.2M | 20.2M | |
| Investments | (275.0M) | 29.5M | (13.5M) | (176.6M) | (259.6M) | (246.6M) | |
| Net Borrowings | (72.0M) | 2.0B | (1.8B) | (381.8M) | (343.6M) | (326.5M) | |
| Change To Netincome | 89.1M | 48.9M | 74.2M | (48.7M) | (56.0M) | (53.2M) |
Steel Partners Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Steel Partners or Industrial Conglomerates sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Steel Partners' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Steel stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 2.81 | |
Ir | Information ratio | -0.0045 |
Steel Partners Volatility Alert
Steel Partners Holdings shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Steel Partners' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Steel Partners' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Steel Partners Fundamentals Vs Peers
Comparing Steel Partners' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Steel Partners' direct or indirect competition across all of the common fundamentals between Steel Partners and the related equities. This way, we can detect undervalued stocks with similar characteristics as Steel Partners or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Steel Partners' fundamental indicators could also be used in its relative valuation, which is a method of valuing Steel Partners by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Steel Partners to competition |
| Fundamentals | Steel Partners | Peer Average |
| Return On Equity | 0.24 | -0.31 |
| Return On Asset | 0.0337 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 582.34 M | 16.62 B |
| Shares Outstanding | 19.19 M | 571.82 M |
| Shares Owned By Insiders | 49.01 % | 10.09 % |
| Shares Owned By Institutions | 40.25 % | 39.21 % |
| Number Of Shares Shorted | 2.05 K | 4.71 M |
| Price To Earning | 26.37 X | 28.72 X |
| Price To Book | 0.76 X | 9.51 X |
| Price To Sales | 0.40 X | 11.42 X |
| Revenue | 1.91 B | 9.43 B |
| Gross Profit | 558.42 M | 27.38 B |
| EBITDA | 221.79 M | 3.9 B |
| Net Income | 150.83 M | 570.98 M |
| Cash And Equivalents | 201.62 M | 2.7 B |
| Cash Per Share | 9.26 X | 5.01 X |
| Total Debt | 445.64 M | 5.32 B |
| Debt To Equity | 0.66 % | 48.70 % |
| Current Ratio | 1.26 X | 2.16 X |
| Book Value Per Share | 54.36 X | 1.93 K |
| Cash Flow From Operations | 21.22 M | 971.22 M |
| Short Ratio | 1.54 X | 4.00 X |
| Earnings Per Share | 9.77 X | 3.12 X |
| Number Of Employees | 5.1 K | 18.84 K |
| Beta | 1.36 | -0.15 |
| Market Capitalization | 796.2 M | 19.03 B |
| Total Asset | 3.99 B | 29.47 B |
| Retained Earnings | 205.97 M | 9.33 B |
| Working Capital | 562.22 M | 1.48 B |
| Current Asset | 719.47 M | 9.34 B |
| Current Liabilities | 321.25 M | 7.9 B |
Note: Acquisition by Rory Tahari of 522 shares of Steel Partners subject to Rule 16b-3 [view details]
Steel Partners Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Steel . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6400.91 | |||
| Daily Balance Of Power | 0.9088 | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 42.62 | |||
| Day Typical Price | 43.08 | |||
| Price Action Indicator | 2.62 | |||
| Period Momentum Indicator | 2.49 |
About Steel Partners Buy or Sell Advice
When is the right time to buy or sell Steel Partners Holdings? Buying financial instruments such as Steel Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.