How to Buy Nerdwallet Stock
Nerdwallet Inc
NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers.
Nerdwallet stock last closed at $12.88, up 2.79% from the previous day, and has increased 54.25% in one year. It has overperformed other stocks in the Internet Content & Information industry by 0.38 percentage points. Nerdwallet stock is currently +101.88% from its 52-week low of $6.38, and -25.55% from its 52-week high of $17.30.
There are currently 78.71M shares of NRDS outstanding. The market capitalization of NRDS is $1.01B. In the last 24 hours, 514,223 NRDS shares were traded.
How to Buy Nerdwallet Stock
Wondering how to invest in Nerdwallet stock? Here's how.
- Decide where to buy Nerdwallet stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Nerdwallet stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Nerdwallet stock: The Nerdwallet ticker symbol is NRDS. Is Nerdwallet stock a good investment? Should you buy shares of NRDS? How do NRDS's underlying business fundamentals look? Do top analysts think Nerdwallet is a good buy? Why has NRDS's stock price moved recently? (Hint: Our stock research website can help you figure out if NRDS is a good stock to buy).
- Place your NRDS buy order: Decide if you will purchase NRDS shares at the current market price or use a limit order to purchase NRDS stock at a specific price.
- Track your NRDS investment: Create a watchlist to key updates about your new investment in Nerdwallet shares.
Step 1: Decide where to buy Nerdwallet stock
You need an online brokerage account to access the NASDAQ market and buy NRDS shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you can invest in NRDS stock today.
How to Set Up a New Brokerage 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 details to open your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on a mobile trading app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing money into your investment account.
Step 4: Evaluate Nerdwallet stock
Once you have decided on the best place to buy Nerdwallet stock, it's crucial to research their stock before you buy, so you can comprehend the risk and opportunity.
Nerdwallet stock at a glance
Nerdwallet Overview
WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NRDS's stock page.
Is NRDS stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge NRDS's true value.
Using relative valuations metrics:
- NRDS may be undervalued based on its P/B ratio of 2.67x, relative to Internet Content & Information industry P/B ratio of 6.3x
You can access more valuation analysis on NRDS's stock here.
NRDS Financial Summary
Pros:
- There are more short-term assets than short-term liabilities on the NRDS balance sheet.
- There are more short-term assets than long-term liabilities on the NRDS balance sheet.
- NRDS's operating cash flow of $98.60M allows it to safely service it's debt of $0.00.
- NRDS earnings of $7.30M is not sufficient to cover its interest payments.
- NRDS has a low debt to equity ratio of 0.18.
Cons:
- NRDS profit margin has gone down from 0.1% to -1.9% in the past year.
Do analysts think it's a good time to buy NRDS stock
Out of 3 Wall Street analysts who research NRDS, the consensus analyst rating on NRDS is a Strong 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 Nerdwallet stock forecast page.
NRDS Trading Indicators
NRDS Earnings
Last year, NRDS revenue was $599.00M. Over the past three year, NRDS's revenue has increased by 102.23% per year. This was faster than the Internet Content & Information industry average of 19.28%.
You can analyze NRDS's earnings and revenue performance here.
What are NRDS insiders up to?
Over the last year, insiders at NRDS have sold more shares than they have bought.
Tim Chaoming Chen, Chief Executive Officer of NRDS, was the latest NRDS insider to sell. They sold $182,511.00 worth of NRDS shares on Sep 3, 2024.
Research more about who owns NRDS shares here.
Does NRDS stock generate passive income?
No, Nerdwallet doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your NRDS buy order
There are two main order types:
- 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 enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Click the Open button and your broker will execute your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Track your NRDS investment
Now that you own some NRDS stock, you'll want to keep up with your new stock purchase.
Put NRDS on a watchlist to track the most important metrics related to your NRDS stock.
NRDS Feed
How to Buy Stock in Nerdwallet
To summarize, here are the 6 steps to buy Nerdwallet stock:
- Decide where to buy Nerdwallet stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Nerdwallet stock
- Place your NRDS buy order
- Track your NRDS investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Nerdwallet, add NRDS to your watchlist below.
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