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 BODY on the NYSE exchange.
Beachbody Company stock last closed at $0.32, down 2.71% from the previous day, and has decreased 73.31% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.73 percentage points. Beachbody Company stock is currently +6.25% from its 52-week low of $0.30, and -74.55% from its 52-week high of $1.27.
There are currently 312.69M shares of BODY outstanding. The market capitalization of BODY is $101.00M. In the last 24 hours, 393,054 BODY 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 BODY. Is Beachbody Company stock a good investment? Should you buy shares of BODY? How do BODY's underlying business fundamentals look? Do top analysts think Beachbody Company is a good buy? Why has BODY's stock price moved recently? (Hint: Our stock market analysis website can help you understand if BODY is a good stock to buy).
- Place your BODY buy order: Decide if you will purchase BODY shares at the current market price or use a limit order to purchase BODY stock at a particular price.
- Track your BODY 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 BODY shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- 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 world financial markets: From Technology to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
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 BODY stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Input your personal info to open your new trading account.
- Submit your information by clicking the "Create Account" button.
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 BODY
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on BODY's stock page.
Is BODY stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge BODY's true value.
Using relative valuations metrics:
- BODY could be undervalued based on its P/B ratio of 0.6x, relative to Internet Content & Information industry P/B ratio of 5.26x
You can do more valuation analysis on BODY's stock here.
A quick look at BODY Financials
Pros:
- BODY has cash burn of 40585000. 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 BODY balance sheet.
- BODY has $58.69M in cash and short term investments. This is enough to cover its annual cash burn of $40.59M.
- BODY profit margin has gone up from -37.5% to -22.5% in the past year.
Cons:
- BODY has a relatively high debt to equity ratio of 1.34.
- There are more short-term liabilities than short-term assets on the BODY balance sheet.
Do Wall Street analysts think it's a good time to buy BODY stock
Out of 1 Equities analysts who give forecasts on BODY, 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.
Most Recent BODY Analyst Ratings
Linda Bolton Weiser, a top 6% analyst from DA Davidson maintains BODY with a strong buy rating and lowers their BODY price target from $2.00 to $1.50, on May 31, 2023.
You can dig deeper into what analysts are projecting on the Beachbody Company stock forecast page.
BODY Trading Indicators
BODY Growth Metrics
Last year, BODY revenue was $593.99M. During the last 2 year, BODY's revenue has increased by -19.87% per year. This was slower than the Internet Content & Information industry average of 19.11%.
Dive into BODY's earnings and revenue performance here.
What are BODY executives and large shareholders up to?
Over the past year, executives and large shareholders at BODY have bought more shares than they have sold.
Jonathan Congdon, 10% Owner of BODY, was the latest BODY insider to sell. They sold $59,954.85 worth of BODY stock on Jun 26, 2023.
Dig into more about who owns BODY shares here.
Does BODY stock generate passive income?
No, Beachbody Company doesn't provide an income stream by paying out dividends.
BODY Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your BODY buy order
You have 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 generally fine. - Limit order: A limit order enables 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 limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Track your BODY position
Now that you own some BODY shares, you'll want to keep up with your stock purchase.
Start a watchlist to see the latest developments about your BODY stock.
BODY Feed
How to Buy Stock in Beachbody Company
To summarize, 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 BODY buy order
- Track your BODY position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Beachbody Company, create a watchlist today.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.