How to Buy Amdocs Stock
Amdocs Ltd
Amdocs Limited, through its subsidiaries, provides software and services worldwide. The company designs, develops, operates, implements, supports, and markets open and modular cloud portfolio.
Amdocs stock last closed at $88.16, up 0.15% from the previous day, and has increased 5% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.3 percentage points. Amdocs stock is currently +18.48% from its 52-week low of $74.41, and -6.25% from its 52-week high of $94.04.
At the moment, there are 114.97M shares of DOX outstanding. The market capitalization of DOX is $10.14B. In the last 24 hours, 545,731 DOX shares were traded.
How to Buy Amdocs Stock
Not sure how to invest in Amdocs stock? Here's how.
- Figure out where to buy Amdocs stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Amdocs stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your details.
- Evaluate Amdocs stock: The Amdocs ticker symbol is DOX. Is Amdocs stock a good investment? Should you buy shares of DOX? How do DOX's underlying business fundamentals look? Do top analysts think Amdocs is a good buy? Why has DOX's stock price moved recently? (Hint: Our stock research website can help you understand if DOX is a good stock to buy).
- Make your DOX purchase: Decide if you will purchase DOX shares at the current market price or use a limit order to purchase DOX stock at a specific price.
- Get key alerts regarding your investment in DOX: Create a watchlist to watch your position in Amdocs stock.
Step 1: Figure out where to buy Amdocs stock
You will need an online brokerage account to access the NASDAQ market and buy DOX shares.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you are able to invest in DOX stock today.
How to Open a New Brokerage Account on eToro
- 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 details to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on app for stock market, you need to deposit funds:
Watch the tutorial below if you need help depositing money into your new brokerage account.
Step 4: Evaluate Amdocs stock
After you have chosen the best place to buy Amdocs stock, it's critical to evaluate their stock before you invest, so you truly comprehend the risk as well as the upside.
Overview of key DOX info
Amdocs Overview
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on DOX's stock page.
Is DOX stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge DOX's fair value.
Using relative valuations measures:
- DOX could be undervalued based on its P/E ratio of 20.13x, relative to Software - Infrastructure industry P/E ratio of 32.34x
- DOX may be undervalued based on its P/B ratio of 2.89x, relative to Software - Infrastructure industry P/B ratio of 11.62x
- DOX could be undervalued based on its PEG ratio of 0.88x
You can access more valuation research on DOX's stock here.
How do DOX Financials look?
Pros:
- There are more short-term assets than long-term liabilities on the DOX balance sheet.
- DOX earnings of $651.82M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the DOX balance sheet.
- DOX's operating cash flow of $778.88M allows it to safely service it's debt of $798.95M.
Cons:
- DOX profit margin has gone down from 11.8% to 10.2% in the past year.
- Total DOX debt is higher than 5 years ago, relative to shareholder equity.
- DOX has a relatively high debt to equity ratio of 0.81.
Do Wall Street analysts think it's a good time to buy Amdocs stock
Out of 3 sell side analysts who give forecasts on DOX, the consensus analyst rating on Amdocs is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Amdocs stock forecast page.
DOX Technical Indicators
DOX Earnings
Last year, DOX earnings were $508.77M. During the past 5 year, DOX's earnings have increased by 8.52% per year. This was slower than the Software - Infrastructure industry average of 26.28%.
Last year, DOX revenue was $4.98B. Over the past 5 year, DOX's revenue has increased by 4.19% per year. This was slower than the Software - Infrastructure industry average of 17.57%.
You can research DOX's earnings and revenue performance here.
Latest Insiders Trades at DOX
Over the last 12 months, executives and large shareholders at DOX have not bought or sold any shares.
Learn more about who owns DOX stock here.
Does DOX stock generate passive income?
Amdocs pays a dividend of 2.12%, compared to the Software - Infrastructure industry's average dividend yield of 2.3%. If you owned $1,000 worth of DOX stock, you would have received $21.23 in the past 12 months.
Amdocs dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Amdocs dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your DOX purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in DOX
Now that you own some shares in DOX, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your DOX stock.
DOX Feed
How to Buy Stock in Amdocs
To summarize, here are the 6 steps you need to take to buy Amdocs stock right now:
- Figure out where to buy Amdocs stock
- Create your brokerage account
- Fund your investment account
- Evaluate Amdocs stock
- Make your DOX purchase
- Get key alerts regarding your investment in DOX
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Amdocs, create your watchlist below.
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