How to Buy Box Stock
Box Inc
Box is a software infrastructure company located in California, United States, which is part of the Technology sector, and is traded under the ticker BOX on the NYSE exchange.
Box stock last closed at $27.28, down 0.07% from the previous day, and has increased 2.06% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.12 percentage points. Box stock is currently +17.13% from its 52-week low of $23.29, and -14.59% from its 52-week high of $31.94.
As of Apr 24, 2024, there are 144.35M shares of BOX outstanding. The market cap of BOX is $3.94B. In the last 24 hours, 996,094 BOX shares were traded.
How to Buy Box Stock
Not sure how to invest in Box stock? Here's how.
- Figure out where to buy Box stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Box stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Analyze Box stock: The Box ticker symbol is BOX. Is Box stock a good investment? Should you buy shares of BOX? How do BOX's underlying business fundamentals look? Do top analysts think Box is a good buy? Why has BOX's stock price moved recently? (Hint: Our stock research website can help you evaluate if BOX is a good stock to buy).
- Execute your BOX purchase: Decide if you will purchase BOX shares at the current market price or use a limit order to buy BOX stock at a specific price.
- Get key alerts regarding your investment in BOX: Create a watchlist to get the latest news on your position in Box stock.
Step 1: Figure out where to buy Box stock
You need a brokerage account in order to access the NYSE market and buy BOX shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy BOX stock today.
How to Start a New 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.
- Provide your personal info to start your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on the best stock buying app, you need to deposit funds:
Check out this video walkthrough for more details depositing money into your new brokerage account.
Step 4: Analyze Box stock
After you have figured out the best place to buy Box stock, it's crucial to analyze their stock before you buy, so you actually understand the risk as well as the upside.
Box shares quick numbers
BOX Fundamentals
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BOX's stock page.
Is BOX stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BOX's fair value.
Using relative valuations metrics:
- BOX may be undervalued based on its P/E ratio of 39.54x, relative to Software - Infrastructure industry P/E ratio of 77.6x
- BOX could be undervalued based on its PEG ratio of 0.05x
You can access additional valuation research on BOX's stock here.
Is BOX a healthy company?
Positive Financial Indicators:
- BOX profit margin has gone up from 0.9% to 9.6% in the past year.
- There are more short-term assets than long-term liabilities on the BOX balance sheet.
- There are more short-term assets than short-term liabilities on the BOX balance sheet.
- BOX earnings of $50.75M is not enough to cover its interest payments.
- BOX's operating cash flow of $318.73M allows it to safely service it's debt of $491.80M.
Negative Financial Indicators:
- BOX debt to equity ratio of -2.74 is negative.
- Total BOX debt is still negative.
Is Box stock a Buy, Hold, or Sell, according to analysts?
Out of 8 sell side analysts who give ratings on BOX, the consensus analyst rating on BOX is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent BOX Analyst Ratings
Brian Peterson, a bottom 12% analyst from Raymond James maintains BOX with a buy rating and lowers their BOX price target from $33.00 to $30.00, on Dec 6, 2023.
Josh Baer, a bottom 17% analyst from Morgan Stanley maintains BOX with a strong buy rating and lowers their BOX price target from $35.00 to $32.00, on Dec 6, 2023.
Thomas Blakey, a top 20% analyst from KeyBanc maintains BOX with a strong buy rating and lowers their BOX price target from $33.00 to $30.00, on Dec 6, 2023.
You can dig deeper into what analysts are projecting on the Box stock forecast page.
BOX Momentum
How are BOX Revenues/Earnings doing?
Last year, BOX earnings were $99.15M. During the past one years, BOX's earnings have gone up by 1,050% per year. This was faster than the Software - Infrastructure industry average of 141.57%.
Last year, BOX revenue was $1.04B. Over the past five year, BOX's revenue has gone up by 11.27% per year. This was slower than the Software - Infrastructure industry average of 17.1%.
You can research BOX's earnings and revenue performance here.
Latest Insiders Trades at BOX
In the last year, executives and large shareholders at BOX have sold more shares than they have bought.
Dylan C. Smith, Chief Financial Officer of BOX, was the latest BOX insider to sell. They sold $354,900.00 worth of BOX shares on Apr 10, 2024.
Get more info about who owns BOX shares here.
Does BOX stock generate passive income?
No, Box doesn't provide an income stream by paying out dividends.
BOX Social Trading Data
One of the biggest 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: Execute your BOX purchase
There are two main types of orders:
- 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 the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you want additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in BOX
Now that you own some shares in BOX, you'll want to keep up with your investment.
Create a watchlist to track your BOX stock.
BOX Feed
How to Buy Stock in Box
To summarize, here are the 6 steps to buy stock in Box:
- Figure out where to buy Box stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Box stock
- Execute your BOX purchase
- Get key alerts regarding your investment in BOX
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Box, hit the button below to create your watchlist.
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