How to Buy Bandwidth Stock
Bandwidth Inc
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other.
Bandwidth stock last closed at $17.34, down 1.2% from the previous day, and has increased 25.93% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.15 percentage points. Bandwidth stock is currently +85.75% from its 52-week low of $9.34, and -20.02% from its 52-week high of $21.68.
As of Apr 19, 2024, there are 26.27M BAND shares outstanding. The market capitalization of BAND is $455.53M. In the past 24 hours, 254,874 BAND shares were traded.
How to Buy Bandwidth Stock
Wondering how to invest in Bandwidth stock? Here's how.
- Choose where to buy Bandwidth stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Bandwidth stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Analyze Bandwidth stock: The Bandwidth ticker symbol is BAND. Is Bandwidth stock a good investment? Should you buy shares of BAND? How do BAND's underlying business fundamentals look? Do top analysts think Bandwidth is a good buy? Why has BAND's stock price moved recently? (Hint: Our stock research tools can help you understand if BAND is a good stock to buy).
- Make your BAND purchase: Decide if you will purchase BAND shares at the current market price or use a limit order to purchase BAND stock at a particular price.
- Monitor your BAND position: Create a watchlist to keep tabs on your position in Bandwidth shares.
Step 1: Choose where to buy Bandwidth stock
You will need an online brokerage account in order to access the NASDAQ market and buy BAND shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can invest in BAND 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.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details depositing money into your investment account.
Step 4: Analyze Bandwidth stock
Once you have figured out the best place to buy Bandwidth stock, it's important to evaluate their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Overview of key BAND info
Bandwidth Overview
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can see all of the due diligence checks on BAND's stock page.
How is BAND stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BAND's fair value.
Using relative valuations measures:
- BAND could be undervalued based on its P/B ratio of 1.53x, relative to Software - Infrastructure industry P/B ratio of 11.48x
You can do additional valuation research on BAND's stock here.
BAND Financial Health
Signs that BAND is financially healthy:
- There are more short-term assets than short-term liabilities on the BAND balance sheet.
Signs that BAND is not financially healthy:
- BAND profit margin has gone down from 3.4% to -2.7% in the past year.
- BAND's operating cash flow of $39.00M allows it to safely service it's debt of $644.54M.
- There are more long-term liabilities than short-term assets on the BAND balance sheet.
- BAND has a relatively high debt to equity ratio of 2.7.
- Total BAND debt is higher than 5 years ago, relative to shareholder equity.
- BAND earnings of -$18.50M is not sufficient to cover its interest payments.
Is Bandwidth stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Wall Street analysts who give recommendations on BAND, the consensus analyst rating on BAND is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Bandwidth stock forecast page.
BAND Momentum
BAND Performance Numbers
Last year, BAND revenue was $601.12M. Over the last 5 year, BAND's revenue has grown by 24.11% per year. This was faster than the Software - Infrastructure industry average of 16.98%.
Dig into BAND's earnings and revenue performance here.
Are BAND executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at BAND have sold more shares than they have bought.
Devin M. Krupka, Controller PAO of BAND, was the latest BAND insider to sell. They sold $424.00 worth of BAND stock on Apr 15, 2024.
Research more about who owns BAND stock here.
Can I rely on BAND as an income stream?
No, Bandwidth doesn't provide an income stream by paying out dividends.
BAND Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your BAND purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually 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 make sure you're buying or selling at a particular price, place a limit order.
Press the Open button and eToro will place your order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your BAND position
Now that you own some BAND stock, you'll want to keep up with your investment.
Start a watchlist to track the most important metrics related to your BAND stock.
BAND Feed
How to Buy Stock in Bandwidth
To reiterate, here are the 6 steps to buy Bandwidth stock:
- Choose where to buy Bandwidth stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Bandwidth stock
- Make your BAND purchase
- Monitor your BAND position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Bandwidth, get started below.
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