ECLIPX GROUP (ECX) Shares
ABOUT ECLIPX GROUP
Eclipx Group Limited, a fleet management and financial services company, was founded in 1987 and has its headquarters is Sydney, New South Wales, in Australia. The group provides industry-leading vehicle fleet leasing and management services, as well as diversified financial services, to clients in Australia and New Zealand.
The company’s treasury model is developed around a low-cost, high quality diversified funding mix; high capital efficiency, a high quality credit portfolio and effective approach to risk management. The company stimulates growth through its robust business model that comprises long-term relationships with a large diversified corporate consumer base. The group’s stellar leadership team boasts a proven track-record in the delivery of organic business growth and the provision of top-quartile shareholder value.
The company makes use of innovative proprietary technology that offers customers first-to-market innovation via online solutions that provide a comprehensive level of services across a broader suite of products. It is wholly committed to the delivery of outstanding customer experiences.
Today, the group employs approximately 1 200 people across its operations.
OVERVIEW OF ECLIPX GROUP
Eclipx Group Limited conducts its operations through three primary segments: Australia Commercial, Australia Consumer and New Zealand Commercial. Australia Commercial focusses on vehicle fleet leasing and management services, whilst Australia Consumer is engaged in vehicle fleet leasing and management, as well as commercial equipment finance and leasing.
This segment’s diversified funding structure includes multiple funding parties.
Australia Consumer also offers online broker-facilitated consumer financing for vehicles in Australia, and also operates a consumer novated leasing business. It further provides medium-term rental to not-at-fault drivers. New Zealand Commercial is engaged in vehicle fleet leasing and management in New Zealand, as well as vehicle retail sales and medium-term rental to not-at-fault drivers.
The company’s brands include FleetPlus, AutoSelect and Right2Drive.
The company also has an online service, CarLoans.com.au, which enables individuals in New Zealand and Australia to secure a car loan tailored to their specific needs.
VISION & VALUES OF ECLIPX GROUP
Eclipx Group Limited relentlessly focusses on the delivery of high growth and strong performance to add value for both its customers and investors who purchase company shares.
The company strives to make people’s lives easier by providing them with superior products. Its activities are guided by values such as drive, excellence, innovation honesty and integrity.
MARKET PERFORMANCE OF ECLIPX GROUP
Eclipx Group Limited trades on the Australian Securities Exchange (ASX) under the stock symbol ECX.
For fiscal 2019, the company’s market capitalization was US Dollar 546.58 million. It recorded revenue of US Dollar 462.99 and gross profit of US Dollar 194.57.
Shareholders who buy or sell company shares can therefore expect solid dividends and returns on their investments.
Buy ECLIPX GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase ECLIPX GROUP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy ECLIPX GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ECLIPX GROUP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE ECLIPX GROUP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ECLIPX GROUP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy ECLIPX GROUP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?