Steel Partners Holdings Preferred Stock Today

SPLP-PA Preferred Stock  USD 23.94  0.15  0.62%   

Performance

15 of 100

 
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Odds Of Distress

Less than 9

 
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Steel Partners is trading at 23.94 as of the 28th of March 2024, a -0.62% down since the beginning of the trading day. The preferred stock's open price was 24.09. Steel Partners has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Steel Partners Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. The company has 25.71 M outstanding shares of which 2.23 K shares are at this time shorted by private and institutional investors with about 0.13 days to cover all short positions. More on Steel Partners Holdings

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Steel Preferred Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Steel Partners' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Steel Partners or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaSteel Works Etc (View all Themes)
Business ConcentrationSteel Works Etc, Conglomerates, Industrials, Conglomerates, Industrials (View all Sectors)
Steel Partners Holdings (SPLP-PA) is traded on New York Stock Exchange in USA. It is located in 590 Madison Avenue, New York, NY, United States, 10022 and employs 4,500 people. Steel Partners is listed under Steel Works Etc category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 372.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Steel Partners's market, we take the total number of its shares issued and multiply it by Steel Partners's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Steel Partners Holdings operates under Industrials sector and is part of Conglomerates industry. The entity has 25.71 M outstanding shares of which 2.23 K shares are at this time shorted by private and institutional investors with about 0.13 days to cover all short positions. Steel Partners Holdings has accumulated about 214.01 M in cash with 77.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.57.
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Ownership Allocation
Steel Partners maintains a total of 25.71 Million outstanding shares. About 74.0 % of Steel Partners outstanding shares are held by general public with 26.01 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Steel Stock Price Odds Analysis

What are Steel Partners' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Steel Partners jumping above the current price in 90 days from now is about 19.79%. The Steel Partners Holdings probability density function shows the probability of Steel Partners preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Steel Partners has a beta of 0.0837. This usually implies as returns on the market go up, Steel Partners average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Steel Partners Holdings will be expected to be much smaller as well. Additionally, steel Partners Holdings has an alpha of 0.0681, implying that it can generate a 0.0681 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 23.94HorizonTargetOdds Above 23.94
79.87%90 days
 23.94 
19.79%
Based on a normal probability distribution, the odds of Steel Partners to move above the current price in 90 days from now is about 19.79 (This Steel Partners Holdings probability density function shows the probability of Steel Preferred Stock to fall within a particular range of prices over 90 days) .

Steel Partners Holdings Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Steel Partners market risk premium is the additional return an investor will receive from holding Steel Partners long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Steel Partners. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Steel Partners' alpha and beta are two of the key measurements used to evaluate Steel Partners' performance over the market, the standard measures of volatility play an important role as well.

Steel Stock Against Markets

Picking the right benchmark for Steel Partners preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Steel Partners preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Steel Partners is critical whether you are bullish or bearish towards Steel Partners Holdings at a given time. Please also check how Steel Partners' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Steel Partners without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Steel Partners Corporate Management

Elected by the shareholders, the Steel Partners' board of directors comprises two types of representatives: Steel Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steel. The board's role is to monitor Steel Partners' management team and ensure that shareholders' interests are well served. Steel Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Steel Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Steel Preferred Stock?

Before investing in Steel Partners, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Steel Partners. To buy Steel Partners preferred stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Steel Partners. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Steel Partners preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Steel Partners Holdings preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Steel Partners Holdings preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Steel Partners Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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.

Already Invested in Steel Partners Holdings?

The danger of trading Steel Partners Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Steel Partners is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Steel Partners. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Steel Partners Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Partners Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Steel Preferred 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.
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Please note, there is a significant difference between Steel Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.