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 $92.62, up 0.75% from the previous day, and has increased 18.14% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.17 percentage points. Amdocs stock is currently +20.02% from its 52-week low of $77.17, and -2.92% from its 52-week high of $95.41.
At the moment, there are 111.96M shares of DOX outstanding. The market capitalization of DOX is $10.37B. In the last 24 hours, 753,000 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. This offer is only for US users.
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 19.34x, relative to Software - Infrastructure industry P/E ratio of 35.39x
- DOX may be undervalued based on its P/B ratio of 3x, relative to Software - Infrastructure industry P/B ratio of 12.19x
- DOX could be overvalued based on its PEG ratio of 1.18x
You can access more valuation research on DOX's stock here.
How do DOX Financials look?
Pros:
- DOX's operating cash flow of $687.40M allows it to safely service it's debt of $787.74M.
- DOX profit margin has gone up from 10.6% to 11.4% in the past year.
- DOX earnings of $682.19M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the DOX balance sheet.
- There are more short-term assets than long-term liabilities on the DOX balance sheet.
Cons:
- DOX has a relatively high debt to equity ratio of 0.78.
- Total DOX debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are projecting on the Amdocs stock forecast page.
DOX Trading Indicators
Is DOX Making Money?
Last year, DOX earnings were $541.11M. Over the last 5 year, DOX's earnings have gone up by 5.47% per year. This was slower than the Software - Infrastructure industry average of 21.77%.
Last year, DOX revenue was $4.75B. During the last five year, DOX's revenue has increased by 2.77% per year. This was slower than the Software - Infrastructure industry average of 17.35%.
You can analyze DOX's earnings and revenue performance here.
Latest Insiders Trades at DOX
Over the past 12 months, executives and large shareholders at DOX have not bought or sold any shares.
Get more info about who owns DOX shares here.
Does DOX stock generate passive income?
Amdocs pays a dividend of 1.6%, compared to the Software - Infrastructure industry's average dividend yield of 1.24%. If you owned $1,000 worth of DOX stock, you would have received $16.03 last year.
Amdocs dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Amdocs dividend yield and history here.
DOX Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your DOX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and eToro will execute the order.
If you want more help with buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in DOX
Now that you own some DOX shares, you'll want to stay up-to-date on your company.
Start a watchlist to monitor your DOX stock.
DOX Feed
How to Buy Stock in Amdocs
To reiterate, here are the 6 steps to buy Amdocs stock:
- 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 are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Amdocs, hit the button below to create your watchlist.
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