How to Buy Amcon Distributing Co Stock
Amcon Distributing Co
AMCON Distributing Co. engages in distribution of consumer products. The company is headquartered in Omaha, Nebraska and currently employs 694 full-time employees.
Amcon Distributing Co stock last closed at $116.77, down 0.63% from the previous day, and has decreased 26.19% in one year. It has underperformed other stocks in the Food Distribution industry by 0.23 percentage points. Amcon Distributing Co stock is currently +16.92% from its 52-week low of $99.87, and -33.27% from its 52-week high of $174.99.
There are currently 645,462 shares of DIT outstanding. The market capitalization of DIT is $75.37M. In the past 24 hours, 287 DIT shares were traded.
How to Buy Amcon Distributing Co Stock
Not sure how to invest in Amcon Distributing Co stock? Here's how.
- Decide where to buy Amcon Distributing Co stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Amcon Distributing Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Analyze Amcon Distributing Co stock: The Amcon Distributing Co ticker symbol is DIT. Is Amcon Distributing Co stock a good investment? Should you buy shares of DIT? How do DIT's underlying business fundamentals look? Do top analysts think Amcon Distributing Co is a good buy? Why has DIT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if DIT is a good stock to buy).
- Make your DIT buy order: Decide if you will purchase DIT shares at the current market price or use a limit order to purchase DIT shares at a particular price.
- Get key alerts regarding your DIT position: Create a watchlist to the latest updates on your investment in Amcon Distributing Co stock.
Step 1: Decide where to buy Amcon Distributing Co stock
You will need a brokerage account in order to access the NYSEMKT market and buy DIT stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in DIT stock today.
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- 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.
- Enter your personal data to open your new brokerage account.
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Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock app to use, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Analyze Amcon Distributing Co stock
After you have selected the best place to buy Amcon Distributing Co stock, it's important to research their stock prior to investing, so you truly understand the risk as well as the opportunity.
Amcon Distributing Co shares at a glance
Amcon Distributing Co Due Diligence Checks
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on DIT's stock page.
Is DIT stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DIT's fair value.
Using relative valuations measures:
- DIT may be overvalued based on its P/E ratio of 46.15x, relative to Food Distribution industry P/E ratio of 42.37x
- DIT may be undervalued based on its P/B ratio of 0.68x, relative to Food Distribution industry P/B ratio of 4.16x
You can access additional valuation research on DIT's stock here.
DIT Financials at a glance
Signs that DIT is financially healthy:
- There are more short-term assets than long-term liabilities on the DIT balance sheet.
- DIT has $685.85k in cash and short term investments. This is enough to cover its annual cash burn of $6.88M.
- There are more short-term assets than short-term liabilities on the DIT balance sheet.
Signs that DIT is not financially healthy:
- DIT profit margin has gone down from 0.3% to 0.1% in the past year.
- DIT has a relatively high debt to equity ratio of 2.52.
- DIT has cash burn of 6882147. It does not have enough cash and short-term investments to cover this.
- Total DIT debt is higher than 5 years ago, relative to shareholder equity.
DIT Technical Indicators
DIT Growth Numbers
Last year, DIT earnings were $1.48M. In the past five year, DIT's earnings have increased by -2.49% per year. This was slower than the Food Distribution industry average of 3.85%.
Last year, DIT revenue was $2.79B. Over the last five year, DIT's revenue has grown by 14.26% per year. This was faster than the Food Distribution industry average of 9.34%.
Dive into DIT's earnings and revenue performance here.
What are DIT insiders up to?
In the last year, insiders at DIT have not bought or sold any shares.
Get more info about who owns DIT shares here.
Can I rely on DIT as an income stream?
Amcon Distributing Co pays a dividend of 0.86%, compared to the Food Distribution industry's average dividend yield of 2.46%. If you owned $1,000 worth of DIT stock, you would have received $8.56 last year.
Amcon Distributing Co dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Amcon Distributing Co dividend yield and history here.
DIT Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your DIT buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - 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 a given price limit, place a limit order.
Hit the Open button and your broker will place the order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your DIT position
Now that you own some shares in DIT, you'll want to stay up-to-date on your investment.
Make a watchlist to get alerted to the latest events about your DIT stock.
DIT Feed
How to Buy Stock in Amcon Distributing Co
To reiterate, here are the 6 steps to buy Amcon Distributing Co stock:
- Decide where to buy Amcon Distributing Co stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Amcon Distributing Co stock
- Make your DIT buy order
- Get key alerts regarding your DIT position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Amcon Distributing Co, create a watchlist on WallStreetZen today.
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