WallStreetZenWallStreetZen

How to Buy Inari Medical Stock

Inari Medical Inc

Inari Medical, Inc. , a medical device company, develops, manufactures, markets, and sells devices for the interventional treatment of venous diseases in the United States.

Inari Medical stock last closed at $47.40, up 2.8% from the previous day, and has decreased 22.51% in one year. It has underperformed other stocks in the Medical Devices industry by 0.17 percentage points. Inari Medical stock is currently +18.8% from its 52-week low of $39.90, and -34.03% from its 52-week high of $71.85.

As of Mar 27, 2024, there are 57.96M NARI shares outstanding. The market capitalization of NARI is $2.75B. In the last 24 hours, 2.15M NARI shares were traded.

How to Buy Inari Medical Stock

Wondering how to invest in Inari Medical stock? Here's how.
  1. Choose where to buy Inari Medical stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Inari Medical stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Choose your method of payment and add your information.
  4. Evaluate Inari Medical stock: The Inari Medical ticker symbol is NARI. Is Inari Medical stock a good investment? Should you buy shares of NARI? How do NARI's underlying business fundamentals look? Do top analysts think Inari Medical is a good buy? Why has NARI's stock price moved recently? (Hint: Our stock market research tools can help you understand if NARI is a good stock to buy).
  5. Make your NARI purchase: Decide if you will purchase NARI shares at the current market price or use a limit order to purchase NARI stock at a specific price.
  6. Monitor your NARI investment: Create a watchlist to get the latest news on your investment in Inari Medical stock.

Step 1: Choose where to buy Inari Medical stock

You will need a brokerage account to access the NASDAQ market and buy NARI shares.

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

Our preferred brokerage: eToro

Based on our analysis, eToro is the best brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in NARI today.

How to Start a New Investment Account on eToro

  1. 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.
  2. Input your personal info to start your new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
  2. 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.

Step 3: Fund your brokerage account

Now that you've finished signing up on the best beginner stock app, you can securely and quickly fund your account:

Watch the video below if you need help depositing money into your new brokerage account.

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.

Step 4: Evaluate Inari Medical stock

Once you have decided on the best place to buy Inari Medical stock, it's very important to research their stock prior to investing, so you truly understand the risk as well as the opportunity.

Inari Medical Numbers

NARI Price
$47.40
1w %
3.61%
1y %
-22.51%
5y %
N/A
P/E
-1,580x
P/B
5.91x
P/S
5.45x
PEG
N/A
Revenue
$493.63M
Earnings
-$1.64M
Fore. Rev. Growth
18.29%
Fore. Earn. Growth
N/A
Market Cap
$2.75B
Next Earnings
May 1, 2024
Next Dividend
N/A

NARI Zen Score

WallStreetZen was built to help part-time investors do better fundamental analysis quickly.

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

Is NARI stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge NARI's intrinsic value.

Using relative valuations ratios:

  • NARI could be overvalued based on its P/B ratio of 5.91x, relative to Medical Devices industry P/B ratio of 4.1x

You can do additional valuation research on NARI's stock here.

NARI Financials at a glance

Passed Financial Due Diligence Checks:

  • Total NARI debt is lower than 5 years ago, relative to shareholder equity.
  • NARI's operating cash flow of $35.93M allows it to safely service it's debt of $32.05M.
  • NARI earnings of $4.44M is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the NARI balance sheet.
  • There are more short-term assets than short-term liabilities on the NARI balance sheet.
  • NARI profit margin has gone up from -7.6% to -0.3% in the past year.

Failed Financial Due Diligence Checks:

  • NARI has a relatively high debt to equity ratio of 0.45.

Is Inari Medical stock a Buy, Hold, or Sell, according to analysts?

Out of 4 Wall Street analysts who track NARI, the consensus analyst rating on Inari Medical is a Buy

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

You can dig deeper into what analysts are forecasting on the Inari Medical stock forecast page.

NARI Trading Indicators

SMA10
43.95
SMA20
43.48
SMA50
51.88
SMA100
56.18
SMA200
58.92
MACD
-2.04
MACD Signal
-3
MACD Histogram
0.96
RSI
50.96
Stochastic %K
67.29
Stochastic %D
59.01
StochRSI %K
86.58
StochRSI %D
82.93

NARI Earnings

Last year, NARI revenue was $493.63M. During the last 5 year, NARI's revenue has grown by 135.4% per year. This was faster than the Medical Devices industry average of 13.08%.

Dive into NARI's earnings and revenue performance here.

Who is buying/selling NARI?

In the last year, executives and large shareholders at NARI have sold more shares than they have bought.

William Hoffman, Director of NARI, was the latest NARI insider to sell. They sold $518,456.60 worth of NARI stock on Mar 18, 2024.

Research more about who owns NARI stock here.

Does NARI provide a stable income stream?

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

Get analysis from other investors

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

Click below to learn what other investors have to say.

Step 5: Make your NARI purchase

You have 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 sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open button and your broker will place the order.

If you want additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your NARI investment

Now that you own some NARI shares, you'll want to stay up-to-date on your new company.

Put NARI on a watchlist to get the latest updates about your NARI stock.

NARI Feed

How to Buy Stock in Inari Medical

To reiterate, here are the 6 steps to buy stock in Inari Medical:

  1. Choose where to buy Inari Medical stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Evaluate Inari Medical stock
  5. Make your NARI purchase
  6. Monitor your NARI investment

If you are looking for a brokerage, eToro is our recommended option.

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 track your investment in Inari Medical, add NARI to your watchlist by clicking the button below.

NASDAQ: NARI
$47.40+1.29 (+2.8%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: NARI
$47.40+1.29 (+2.8%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Inari Medical share?

As of Mar 27, 2024, it costs $47.40 to buy one share of Inari Medical stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.211 shares of NARI.

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 Inari Medical stock?

According to 4 Wall Street analysts who monitor Inari Medical, their consensus recommendation is to buy Inari Medical stock.

What is the best way to buy Inari Medical stock?

One way to place an order for Inari Medical 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.