WallStreetZenWallStreetZen

How to Buy Anterix Stock

Anterix Inc

Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions.

Anterix stock last closed at $31.52, down 2.23% from the previous day, and has decreased 1.96% in one year. It has overperformed other stocks in the Telecom Services industry by 0.22 percentage points. Anterix stock is currently +15.88% from its 52-week low of $27.20, and -22.08% from its 52-week high of $40.45.

As of Apr 30, 2024, there are 18.52M shares of ATEX outstanding. The market cap of ATEX is $583.75M. In the past 24 hours, 154,587 ATEX shares were traded.

How to Buy Anterix Stock

Wondering how to invest in Anterix stock? Here's how.
  1. Decide where to buy Anterix stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Anterix stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Pick your method of payment and add your information.
  4. Evaluate Anterix stock: The Anterix ticker symbol is ATEX. Is Anterix stock a good investment? Should you buy shares of ATEX? How do ATEX's underlying business fundamentals look? Do top analysts think Anterix is a good buy? Why has ATEX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if ATEX is a good stock to buy).
  5. Execute your ATEX buy order: Decide if you will purchase ATEX shares at the current market price or use a limit order to purchase ATEX stock at a given price.
  6. Track your investment in ATEX: Create a watchlist to important notifications about your new investment in Anterix shares.

Step 1: Decide where to buy Anterix stock

You will need an online brokerage account in order to access the NASDAQ market and buy ATEX stock.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

We believe that eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy ATEX today.

How to Start a New Investment Account on eToro

  1. 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.
  2. Enter your personal details to open your new brokerage account.
  1. Submit your info by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you have opened your account on mobile trading apps, you need to deposit funds:

Watch the video below to see the process of depositing money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Anterix stock

Once you have figured out the best place to buy Anterix stock, it's very important to analyze their stock before you invest, so you can understand the risk as well as the opportunity.

Anterix Metrics

ATEX Price
$31.52
1w %
-0.28%
1y %
-1.96%
5y %
-20.8%
P/E
37.52x
P/B
3.39x
P/S
166.77x
PEG
N/A
Revenue
$3.54M
Earnings
$15.83M
Fore. Rev. Growth
248.26%
Fore. Earn. Growth
N/A
Market Cap
$583.75M
Next Earnings
Jun 12, 2024
Next Dividend
N/A

ATEX Zen Score

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on ATEX's stock page.

Is ATEX stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ATEX's intrinsic value.

Using relative valuations ratios:

  • ATEX could be undervalued based on its P/E ratio of 37.52x, relative to Telecom Services industry P/E ratio of 119.76x
  • ATEX may be overvalued based on its P/B ratio of 3.39x, relative to Telecom Services industry P/B ratio of 1.56x

You can do more valuation research on ATEX's stock here.

How do ATEX Financials look?

Passed Health Checks:

  • ATEX earnings of $18.21M is not enough to cover its interest payments.
  • ATEX profit margin has gone up from -2,604.9% to 447.2% in the past year.
  • There are more short-term assets than short-term liabilities on the ATEX balance sheet.
  • ATEX's operating cash flow of $27.28M allows it to safely service it's debt of $5.59M.

Failed Health Checks:

  • Total ATEX debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the ATEX balance sheet.
  • ATEX has a relatively high debt to equity ratio of 0.86.

Is ATEX stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who track ATEX, the consensus analyst rating on ATEX is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Anterix stock forecast page.

ATEX Technical Indicators

SMA10
31.81
SMA20
32.23
SMA50
34.5
SMA100
33.51
SMA200
32.49
MACD
-0.55
MACD Signal
-0.63
MACD Histogram
0.08
RSI
39.28
Stochastic %K
34.25
Stochastic %D
37.14
StochRSI %K
82.8
StochRSI %D
86.47

ATEX Earnings

Last year, ATEX revenue was $3.54M. Over the past 5 year, ATEX's revenue has gone up by -12.69% per year. This was slower than the Telecom Services industry average of 3.18%.

Find out more about ATEX's earnings and revenue performance here.

Who is buying/selling ATEX?

In the last year, insiders at ATEX have bought more shares than they have sold.

Ryan Gerbrandt, Chief Operating Officer of ATEX, was the latest ATEX insider to sell. They sold $92,738.56 worth of ATEX stock on Feb 15, 2024.

Dig into more about who owns ATEX stock here.

Can I rely on ATEX as an income stream?

No, Anterix doesn't provide an income stream by paying out dividends.

What do other traders have to say about ATEX?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your ATEX buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, place a limit order.

Click the Open button and eToro will place the order.

If you need additional help investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Track your investment in ATEX

Now that you own some ATEX shares, you'll want to keep up with your shares.

Create a watchlist to track the most important metrics related to your ATEX stock.

ATEX Feed

How to Buy Stock in Anterix

To reiterate, here are the 6 steps for buying Anterix stock:

  1. Decide where to buy Anterix stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Anterix stock
  5. Execute your ATEX buy order
  6. Track your investment in ATEX

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Anterix, add ATEX to your watchlist below.

NASDAQ: ATEX
$31.52-0.72 (-2.23%)
Updated Apr 30, 2024
Open eToro Account
NASDAQ: ATEX
$31.52-0.72 (-2.23%)
Updated Apr 30, 2024
Open eToro Account

FAQ

How much does it cost to buy one Anterix share?

As of Apr 30, 2024, it costs $31.52 to buy one share of Anterix stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.317 shares of ATEX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Anterix stock?

According to 1 Wall Street analysts who monitor Anterix, their consensus recommendation is to buy Anterix stock.

What is the best way to buy Anterix stock?

One way to place an order for Anterix stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.