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How to Buy Caremax Stock

Caremax Inc

CareMax, Inc. provides medical services through physicians and health care professionals.

Caremax stock last closed at $7.68, down 0.13% from the previous day, and has decreased 93.79% in one year. It has underperformed other stocks in the Health Information Services industry by 0.75 percentage points. Caremax stock is currently +87.91% from its 52-week low of $4.09, and -94.53% from its 52-week high of $140.40.

As of Mar 1, 2024, there are 3.74M shares of CMAX outstanding. The market capitalization of CMAX is $28.70M. In the past 24 hours, 20,739 CMAX shares were traded.

How to Buy Caremax Stock

Not sure how to invest in Caremax stock? Here's how.
  1. Choose where to buy Caremax stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Caremax stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. Research Caremax stock: The Caremax ticker symbol is CMAX. Is Caremax stock a good investment? Should you buy shares of CMAX? How do CMAX's underlying business fundamentals look? Do top analysts think Caremax is a good buy? Why has CMAX's stock price moved recently? (Hint: Our stock market research website can help you understand if CMAX is a good stock to buy).
  5. Execute your CMAX buy order: Decide if you will purchase CMAX shares at the current market price or use a limit order to purchase CMAX stock at a given price.
  6. Track your CMAX position: Create a watchlist to monitor your position in Caremax stock.

Step 1: Choose where to buy Caremax stock

You need an online brokerage account in order to access the NASDAQ market and buy CMAX shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to invest in CMAX today.

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  2. Input your personal data to open your new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have finished signing up on the best stock app, your next step is to transfer the money for your investment:

Watch the walkthrough below if you need help depositing funds into your new investment account.

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Step 4: Research Caremax stock

After you have selected the best place to buy Caremax stock, it's very important to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.

Caremax stock data

CMAX Price
$7.68
1w %
-0.13%
1y %
-93.79%
5y %
N/A
P/E
-0.14x
P/B
0.05x
P/S
0.04x
PEG
N/A
Revenue
$763.53M
Earnings
-$207.15M
Fore. Rev. Growth
49.38%
Fore. Earn. Growth
N/A
Market Cap
$28.70M
Next Earnings
Mar 7, 2024
Next Dividend
N/A

Caremax Overview

WallStreetZen was created to help average investors perform better fundamental analysis.

You can see all of the due diligence checks on CMAX's stock page.

Is CMAX stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CMAX's fair value.

Using relative valuations metrics:

  • CMAX could be undervalued based on its P/B ratio of 0.05x, relative to Health Information Services industry P/B ratio of 3.69x

You can access additional valuation analysis on CMAX's stock here.

CMAX Financial Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the CMAX balance sheet.

Negative Health Checks:

  • There are more long-term liabilities than short-term assets on the CMAX balance sheet.
  • CMAX has $32.26M in cash and short term investments. This is not sufficient to cover its annual cash burn of $101.45M.
  • CMAX profit margin has gone down from -8.8% to -27.1% in the past year.
  • CMAX has cash burn of 101446000. It does not have sufficient cash and short-term investments to cover this.
  • CMAX has a relatively high debt to equity ratio of 1.02.

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

Out of 2 sell side analysts who monitor CMAX, the consensus analyst rating on CMAX is a Hold

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Caremax stock forecast page.

CMAX Trading Indicators

SMA10
6.9
SMA20
6.29
SMA50
9.81
SMA100
26.5
SMA200
52.63
MACD
-0.86
MACD Signal
-1.44
MACD Histogram
0.58
RSI
48.06
Stochastic %K
76.08
Stochastic %D
75.37
StochRSI %K
83.92
StochRSI %D
82.57

Is CMAX Making Money?

Last year, CMAX revenue was $763.53M. During the past two year, CMAX's revenue has grown by 92.73% per year. This was faster than the Health Information Services industry average of 19.7%.

You can research CMAX's earnings and revenue performance here.

What are CMAX executives and large shareholders up to?

Over the past year, executives and large shareholders at CMAX have bought more shares than they have sold.

Bryan Cho, Director of CMAX, was the latest CMAX insider to buy. They bought $34,600.00 worth of CMAX shares on Mar 13, 2023.

Learn more about who owns CMAX shares here.

Does CMAX stock generate passive income?

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

CMAX Social Trading Data

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

Click below to find out what other community members have to say.

Step 5: Execute your CMAX buy order

There are two primary options:

  • 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 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 ensure you're buying or selling at an exact dollar amount, place a limit order.

Press the Open Trade button and your broker will execute your order.

If you require additional assistance buying stocks on eToro, click the helpful video below:

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Step 6: Track your CMAX position

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

Create a watchlist to track your CMAX stock.

CMAX Feed

How to Buy Stock in Caremax

To summarize, here are the 6 steps to buy Caremax stock:

  1. Choose where to buy Caremax stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Research Caremax stock
  5. Execute your CMAX buy order
  6. Track your CMAX position

If you require a online brokerage, 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 updates on your investment in Caremax, click the button below.

NASDAQ: CMAX
$7.68-0.01 (-0.13%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: CMAX
$7.68-0.01 (-0.13%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Caremax share?

As of Mar 1, 2024, it costs $7.68 to buy one share of Caremax stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.391 shares of CMAX.

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 Caremax stock?

According to 2 Wall Street analysts who monitor Caremax, their consensus recommendation is to hold Caremax stock.

What is the best way to buy Caremax stock?

One way to place an order for Caremax 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.