How to Buy Cricut Stock
Cricut Inc
Cricut, Inc. designs and markets a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates in three segments: Connected Machines, Subscriptions, and Accessories and Materials.
Cricut stock last closed at $5.27, up 1.74% from the previous day, and has decreased 44.82% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.61 percentage points. Cricut stock is currently +18.96% from its 52-week low of $4.43, and -70.54% from its 52-week high of $17.89.
There are currently 216.8M CRCT shares outstanding. The market cap of CRCT is $1.14B. In the past 24 hours, 621,116 CRCT shares were traded.
How to Buy Cricut Stock
Wondering how to invest in Cricut stock? Here's how.
- Choose where to buy Cricut stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Cricut stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your information.
- Analyze Cricut stock: The Cricut ticker symbol is CRCT. Is Cricut stock a good investment? Should you buy shares of CRCT? How do CRCT's underlying business fundamentals look? Do top analysts think Cricut is a good buy? Why has CRCT's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if CRCT is a good stock to buy).
- Place your CRCT purchase: Decide if you will purchase CRCT shares at the current market price or use a limit order to purchase CRCT shares at a specific price.
- Keep an eye on your CRCT position: Create a watchlist to get the latest news on your position in Cricut stock.
Step 1: Choose where to buy Cricut stock
You need a brokerage account to access the NASDAQ market and buy CRCT stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can buy CRCT 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.
- Input your personal info to open your new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on our top ranked stock trading app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing money into your brokerage account.
Step 4: Analyze Cricut stock
Once you have figured out the best place to buy Cricut stock, it's critical to evaluate their stock before you invest, so you can understand the risk and upside.
Cricut quick stats
Cricut Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CRCT's stock page.
Is CRCT stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge CRCT's true value.
Using relative valuations metrics:
- CRCT could be undervalued based on its P/E ratio of 21.08x, relative to Computer Hardware industry P/E ratio of 36.56x
- CRCT could be undervalued based on its P/B ratio of 2.14x, relative to Computer Hardware industry P/B ratio of 12.72x
- CRCT may be undervalued based on its PEG ratio of 0.24x
You can do more valuation analysis on CRCT's stock here.
A quick look at CRCT Financials
Signs that CRCT is financially healthy:
- CRCT earnings of $80.11M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CRCT balance sheet.
- There are more short-term assets than long-term liabilities on the CRCT balance sheet.
- CRCT's operating cash flow of $288.10M allows it to safely service it's debt of $14.17M.
- CRCT profit margin has gone up from 6.8% to 7% in the past year.
Signs that CRCT is not financially healthy:
- CRCT has a relatively high debt to equity ratio of 0.4.
Is it a good time to buy Cricut stock, according to analysts?
Out of 4 sell side analysts who track CRCT, the consensus analyst rating on Cricut is a Sell
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Cricut stock forecast page.
CRCT Momentum
Is CRCT Making Money?
Last year, CRCT earnings were $53.64M. During the past five year, CRCT's earnings have grown by 0.82% per year. This was slower than the Computer Hardware industry average of 20.68%.
Last year, CRCT revenue was $765.15M. During the last five year, CRCT's revenue has increased by 17.63% per year. This was faster than the Computer Hardware industry average of 8.97%.
Learn more about CRCT's earnings and revenue performance here.
What are CRCT executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at CRCT have sold more shares than they have bought.
Abdiel Capital Management LLC, 10% Owner of CRCT, was the latest CRCT insider to sell. They sold $848,241.20 worth of CRCT stock on Mar 7, 2024.
Learn more about who owns CRCT stock here.
Does CRCT stock generate passive income?
No, Cricut doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your CRCT 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 possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows 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 a specific dollar amount limit, use a limit order.
Click the Open button and your broker will execute your order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your CRCT position
Now that you own some CRCT stock, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to get alerted to the latest events about your CRCT stock.
CRCT Feed
How to Buy Stock in Cricut
To summarize, here are the 6 steps for buying Cricut stock:
- Choose where to buy Cricut stock
- Sign up for a brokerage account
- Fund your brokerage account
- Analyze Cricut stock
- Place your CRCT purchase
- Keep an eye on your CRCT position
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Cricut, add CRCT to your watchlist below.
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