How to Buy Beachbody Company Stock
Beachbody Company Inc
Beachbody Company is a internet content & information company located in California, United States, which is part of the Communication Services sector, and is traded under the ticker BODI on the NYSE exchange.
Beachbody Company stock last closed at $9.50, up 2.93% from the previous day, and has decreased 60.32% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.91 percentage points. Beachbody Company stock is currently +50.55% from its 52-week low of $6.31, and -66.67% from its 52-week high of $28.50.
There are currently 6.83M shares of BODI outstanding. The market capitalization of BODI is $64.89M. In the last 24 hours, 12,235 BODI shares were traded.
How to Buy Beachbody Company Stock
Not sure how to invest in Beachbody Company stock? Here's how.
- Decide where to buy Beachbody Company stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Beachbody Company stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your payment method and add your information.
- Analyze Beachbody Company stock: The Beachbody Company ticker symbol is BODI. Is Beachbody Company stock a good investment? Should you buy shares of BODI? How do BODI's underlying business fundamentals look? Do top analysts think Beachbody Company is a good buy? Why has BODI's stock price moved recently? (Hint: Our stock market analysis website can help you understand if BODI is a good stock to buy).
- Place your BODI buy order: Decide if you will purchase BODI shares at the current market price or use a limit order to purchase BODI stock at a particular price.
- Track your BODI position: Create a watchlist to track your position in Beachbody Company shares.
Step 1: Decide where to buy Beachbody Company stock
You will need a brokerage account to access the NYSE market and buy BODI shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in BODI stock today.
How to Start 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.
- Input your personal info to open your new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the best app for stock investing, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring funds into your investment account.
Step 4: Analyze Beachbody Company stock
Once you have selected the best place to buy Beachbody Company stock, it's crucial to research their stock before you buy, so you truly wrap your head around the risk and upside.
Beachbody Company stock at a glance
Fundamentals of BODI
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on BODI's stock page.
Is BODI stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge BODI's true value.
Using relative valuations metrics:
- BODI could be undervalued based on its P/B ratio of 0.78x, relative to Internet Content & Information industry P/B ratio of 6.24x
You can do more valuation analysis on BODI's stock here.
A quick look at BODI Financials
Pros:
- BODI has cash burn of 29113000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the BODI balance sheet.
- BODI has $37.66M in cash and short term investments. This is enough to cover its annual cash burn of $29.11M.
Cons:
- BODI profit margin has gone down from -28.1% to -29% in the past year.
- There are more short-term liabilities than short-term assets on the BODI balance sheet.
- BODI has a relatively high debt to equity ratio of 2.35.
Do Wall Street analysts think it's a good time to buy BODI stock
Out of 1 Equities analysts who give forecasts on BODI, the consensus analyst rating on Beachbody Company is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Beachbody Company stock forecast page.
Metrics for Advanced BODI Traders
How is BODI performing as a company?
Last year, BODI revenue was $527.11M. During the last five year, BODI's revenue has gone up by -7.78% per year. This was slower than the Internet Content & Information industry average of 19.64%.
Dig into BODI's earnings and revenue performance here.
Who is buying/selling BODI?
Over the past year, insiders at BODI have sold more shares than they have bought.
Michael Neimand, PRESIDENT BEACHBODY of BODI, was the latest BODI insider to sell. They sold $8,753.50 worth of BODI shares on Mar 15, 2024.
Dig into more about who owns BODI shares here.
Does BODI stock generate passive income?
No, Beachbody Company doesn't provide an income stream by paying out dividends.
What others are saying about BODI
One of the 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: Place your BODI buy order
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 generally fine. - 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 specific dollar amount, place a limit order.
Hit the Open button and eToro will execute the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Track your BODI position
Now that you own some BODI shares, you'll want to stay up-to-date on your company.
Put BODI on a watchlist to track your BODI stock.
BODI Feed
How to Buy Stock in Beachbody Company
To reiterate, here are the 6 steps for buying Beachbody Company stock:
- Decide where to buy Beachbody Company stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Beachbody Company stock
- Place your BODI buy order
- Track your BODI position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Beachbody Company, create a watchlist today.
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