How to Buy Gen Digital Stock
Gen Digital Inc
Gen Digital Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
Gen Digital stock last closed at $20.38, up 0.05% from the previous day, and has increased 14.05% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.02 percentage points. Gen Digital stock is currently +31.91% from its 52-week low of $15.45, and -16.37% from its 52-week high of $24.37.
As of Apr 18, 2024, there are 636.91M shares of GEN outstanding. The market value of GEN is $12.98B. In the past 24 hours, 2.51M GEN shares were traded.
How to Buy Gen Digital Stock
Not sure how to invest in Gen Digital stock? Here's how.
- Figure out where to buy Gen Digital stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Gen Digital stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your information.
- Research Gen Digital stock: The Gen Digital ticker symbol is GEN. Is Gen Digital stock a good investment? Should you buy shares of GEN? How do GEN's underlying business fundamentals look? Do top analysts think Gen Digital is a good buy? Why has GEN's stock price moved recently? (Hint: Our stock analysis website can help you understand if GEN is a good stock to buy).
- Execute your GEN purchase: Decide if you will purchase GEN shares at the current market price or use a limit order to purchase GEN stock at a given price.
- Keep tabs on your GEN investment: Create a watchlist to important updates regarding your new investment in Gen Digital stock.
Step 1: Figure out where to buy Gen Digital stock
You will need an online brokerage account to access the NASDAQ market and buy GEN stock.
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Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to invest in GEN 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.
- Provide your personal data to open a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the best stock trading apps, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing money into your new investment account.
Step 4: Research Gen Digital stock
After you have identified the best place to buy Gen Digital stock, it's very important to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Gen Digital stock at a glance
Fundamentals of GEN
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on GEN's stock page.
Is GEN stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge GEN's fair value.
Using relative valuations measures:
- GEN could be undervalued based on its P/E ratio of 9.1x, relative to Software - Infrastructure industry P/E ratio of 75.98x
- GEN may be undervalued based on its P/B ratio of 5.37x, relative to Software - Infrastructure industry P/B ratio of 11.64x
You can access more valuation research on GEN's stock here.
A quick look at GEN Financials
Positive Financial Indicators:
- GEN profit margin has gone up from 17.8% to 36.8% in the past year.
Negative Financial Indicators:
- There are more short-term liabilities than short-term assets on the GEN balance sheet.
- GEN earnings of $1.08B is not sufficient to cover its interest payments.
- GEN has a relatively high debt to equity ratio of 5.73.
- There are more long-term liabilities than short-term assets on the GEN balance sheet.
- GEN's operating cash flow of $990.00M allows it to safely service it's debt of $9.30B.
- Total GEN debt is higher than 5 years ago, relative to shareholder equity.
Is Gen Digital stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 sell side analysts who track GEN, the consensus analyst rating on GEN is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Gen Digital stock forecast page.
Metrics for Advanced GEN Traders
How is GEN performing as a company?
Last year, GEN earnings were $1.40B. During the last 4 year, GEN's earnings have gone up by -21.64% per year. This was slower than the Software - Infrastructure industry average of 137.86%.
Last year, GEN revenue was $3.79B. During the past five year, GEN's revenue has gone up by 23.54% per year. This was faster than the Software - Infrastructure industry average of 17.02%.
You can research GEN's earnings and revenue performance here.
Latest Insiders Trades at GEN
Over the last year, insiders at GEN have bought more shares than they have sold.
Natalie Marie Derse, CFO of GEN, was the latest GEN insider to sell. They sold $26,031.72 worth of GEN shares on Feb 16, 2024.
Dig into more about who owns GEN stock here.
Can I get consistent income from GEN stock?
Gen Digital pays a dividend of 2.45%, compared to the Software - Infrastructure industry's average dividend yield of 2.57%. If you owned $1,000 of GEN stock, you would have received $24.53 in the past 12 months.
Gen Digital dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Gen Digital dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your GEN purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - 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 a particular price, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your GEN investment
Now that you own some GEN shares, you'll want to keep up with your investment.
Add GEN to a watchlist to track the most important metrics related to your GEN stock.
GEN Feed
How to Buy Stock in Gen Digital
To summarize, here are the 6 steps to buy stock in Gen Digital:
- Figure out where to buy Gen Digital stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Gen Digital stock
- Execute your GEN purchase
- Keep tabs on your GEN investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Gen Digital, create your watchlist below.
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