How to Buy Enfusion Stock
Enfusion Inc
Enfusion is a app company located in Illinois, United States, which is part of the Technology sector, and is traded under the ticker ENFN on the NYSE exchange.
Enfusion stock last closed at $9.42, up 1.29% from the previous day, and has increased 13.09% in one year. It has underperformed other stocks in the Software - Application industry by 0.14 percentage points. Enfusion stock is currently +27.82% from its 52-week low of $7.37, and -18.53% from its 52-week high of $11.56.
There are currently 128.07M shares of ENFN outstanding. The market capitalization of ENFN is $1.21B. In the past 24 hours, 325,889 ENFN shares were traded.
How to Buy Enfusion Stock
Wondering how to invest in Enfusion stock? Here's how.
- Choose where to buy Enfusion stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Enfusion stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Enfusion stock: The Enfusion ticker symbol is ENFN. Is Enfusion stock a good investment? Should you buy shares of ENFN? How do ENFN's underlying business fundamentals look? Do top analysts think Enfusion is a good buy? Why has ENFN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ENFN is a good stock to buy).
- Place your ENFN buy order: Decide if you will purchase ENFN shares at the current market price or use a limit order to purchase ENFN shares at a specific price.
- Get the latest scoop on your ENFN investment: Create a watchlist to important notifications about your new investment in Enfusion stock.
Step 1: Choose where to buy Enfusion stock
You will need an online brokerage account to access the NYSE market and buy ENFN stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy ENFN stock today.
How to Create a New Investment 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.
- Enter your personal info to start your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the stocks app, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Evaluate Enfusion stock
After you have selected the best place to buy Enfusion stock, it's critical to evaluate their stock before you invest, so you truly understand the risk and opportunity.
Enfusion Numbers
Fundamentals of Enfusion
WallStreetZen was created to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on ENFN's stock page.
Is ENFN stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge ENFN's intrinsic value.
Using relative valuations methods:
- ENFN may be overvalued based on its P/E ratio of 134.57x, relative to Software - Application industry P/E ratio of 101.91x
- ENFN could be overvalued based on its P/B ratio of 22.48x, relative to Software - Application industry P/B ratio of 6.49x
You can access additional valuation research on ENFN's stock here.
A quick look at ENFN Financials
Signs that ENFN is financially healthy:
- There are more short-term assets than long-term liabilities on the ENFN balance sheet.
- ENFN's operating cash flow of $25.63M allows it to safely service it's debt of $15.44M.
- ENFN earnings of $6.62M is not enough to cover its interest payments.
- ENFN profit margin has gone up from -5.1% to 3.5% in the past year.
- There are more short-term assets than short-term liabilities on the ENFN balance sheet.
Signs that ENFN is not financially healthy:
- ENFN has a relatively high debt to equity ratio of 0.59.
Is it a good time to buy ENFN stock, according to Wall Street analysts?
Out of 5 Equities analysts who monitor ENFN, the consensus analyst rating on ENFN is a Sell
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Enfusion stock forecast page.
ENFN Technical Indicators
ENFN Growth Numbers
Last year, ENFN revenue was $174.54M. In the past 4 year, ENFN's revenue has gone up by 31.13% per year. This was faster than the Software - Application industry average of 27.57%.
You can analyze ENFN's earnings and revenue performance here.
What are ENFN insiders up to?
Over the last 12 months, insiders at ENFN have sold more shares than they have bought.
Bronwen Bastone, Chief People Officer of ENFN, was the latest ENFN insider to sell. They sold $16,525.02 worth of ENFN stock on Mar 1, 2024.
Learn more about who owns ENFN shares here.
Can I get consistent income from ENFN stock?
No, Enfusion doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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: Place your ENFN buy order
You have 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 fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your ENFN investment
Now that you own some shares in ENFN, you'll want to keep up with your investment.
Create a watchlist to track the most important metrics related to your ENFN stock.
ENFN Feed
How to Buy Stock in Enfusion
To reiterate, here are the 6 steps to buy stock in Enfusion:
- Choose where to buy Enfusion stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate Enfusion stock
- Place your ENFN buy order
- Get the latest scoop on your ENFN investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Enfusion, get started below.
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