WallStreetZenWallStreetZen

How to Buy Neuronetics Stock

Neuronetics Inc

Neuronetics, Inc. , a commercial stage medical technology company, designs, develops, and markets products for patients with neurohealth disorders in the United States and internationally.

Neuronetics stock last closed at $4.76, down 0.83% from the previous day, and has increased 66.43% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.62 percentage points. Neuronetics stock is currently +362.14% from its 52-week low of $1.03, and -4.61% from its 52-week high of $4.99.

There are currently 29.76M STIM shares outstanding. The market value of STIM is $141.64M. In the past 24 hours, 64,274 STIM shares were traded.

How to Buy Neuronetics Stock

Wondering how to invest in Neuronetics stock? Here's how.
  1. Choose where to buy Neuronetics stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Neuronetics stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your info.
  4. Research Neuronetics stock: The Neuronetics ticker symbol is STIM. Is Neuronetics stock a good investment? Should you buy shares of STIM? How do STIM's underlying business fundamentals look? Do top analysts think Neuronetics is a good buy? Why has STIM's stock price moved recently? (Hint: Our stock analysis website can help you understand if STIM is a good stock to buy).
  5. Make your STIM trade: Decide if you will purchase STIM shares at the current market price or use a limit order to buy STIM shares at a specific price.
  6. Keep an eye on your STIM investment: Create a watchlist to important updates regarding your investment in Neuronetics shares.

Step 1: Choose where to buy Neuronetics stock

You will need a brokerage account in order to access the NASDAQ market and buy STIM stock.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community of more than 20 million users around the world. 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 creating an account with eToro now.

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 a brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in STIM today.

How to Open a New Brokerage 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. Provide your personal data to open a new trading 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: Deposit funds into your investment account

Now that you have created your account on the best stock buying app, you need to deposit funds:

Check out the tutorial below for more details depositing money into your 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: Research Neuronetics stock

After you have chosen the best place to buy Neuronetics stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk and upside.

Neuronetics shares quick numbers

STIM Price
$4.76
1w %
10.96%
1y %
66.43%
5y %
-68.97%
P/E
-4.53x
P/B
4.14x
P/S
1.91x
PEG
N/A
Revenue
$71.35M
Earnings
-$30.19M
Fore. Rev. Growth
10.95%
Fore. Earn. Growth
N/A
Market Cap
$141.64M
Next Earnings
May 7, 2024
Next Dividend
N/A

Neuronetics Due Diligence Checks

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.

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

Is STIM stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge STIM's true value.

Using relative valuations measures:

  • STIM may be undervalued based on its P/B ratio of 4.14x, relative to Diagnostics & Research industry P/B ratio of 4.38x

You can access more valuation research on STIM's stock here.

STIM Financial Health Summary

Signs that STIM is financially healthy:

  • STIM has $62.64M in cash and short term investments. This is sufficient to cover its annual cash burn of $34.41M.
  • STIM has cash burn of 34407000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the STIM balance sheet.
  • There are more short-term assets than short-term liabilities on the STIM balance sheet.

Signs that STIM is not financially healthy:

  • Total STIM debt is higher than 5 years ago, relative to shareholder equity.
  • STIM has a relatively high debt to equity ratio of 2.39.
  • STIM profit margin has gone up by 0.15 percentage points in the past year, but the company is still unprofitable.

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

Out of 1 sell side analysts who track STIM, the consensus analyst rating on Neuronetics is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Neuronetics stock forecast page.

STIM Trading Indicators

SMA10
4.38
SMA20
4.08
SMA50
3.64
SMA100
2.86
SMA200
2.26
MACD
0.35
MACD Signal
0.29
MACD Histogram
0.06
RSI
69.39
Stochastic %K
83.33
Stochastic %D
83.75
StochRSI %K
97.1
StochRSI %D
93.68

Is STIM Growing Revenue?

Last year, STIM revenue was $71.35M. In the past five year, STIM's revenue has grown by 6.22% per year. This was slower than the Diagnostics & Research industry average of 10.99%.

Dive into STIM's earnings and revenue performance here.

Latest Insiders Trades at STIM

In the past 12 months, executives and large shareholders at STIM have sold more shares than they have bought.

William Andrew MacAn, EVP GC CCO and CS of STIM, was the latest STIM insider to sell. They sold $17,716.44 worth of STIM shares on Feb 29, 2024.

Research more about who owns STIM stock here.

Does STIM stock generate passive income?

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

STIM Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your STIM trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you 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, place a limit order.

Hit the Open Trade button and eToro will execute your order.

If you want more info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Keep an eye on your STIM investment

Now that you own some shares in STIM, you'll want to stay up-to-date on your new investment.

Start a watchlist to see the latest developments about your STIM stock.

STIM Feed

How to Buy Stock in Neuronetics

To summarize, here are the 6 steps to buy stock in Neuronetics:

  1. Choose where to buy Neuronetics stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Research Neuronetics stock
  5. Make your STIM trade
  6. Keep an eye on your STIM investment

If you require a online brokerage, eToro is our favorite venue.

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 would like to get notifications regarding your investment in Neuronetics, click below.

NASDAQ: STIM
$4.76-0.04 (-0.83%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: STIM
$4.76-0.04 (-0.83%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Neuronetics share?

As of Mar 28, 2024, it costs $4.76 to buy one share of Neuronetics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.42 shares of STIM.

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 Neuronetics stock?

According to 1 Wall Street analysts who monitor Neuronetics, their consensus recommendation is to buy Neuronetics stock.

What is the best way to buy Neuronetics stock?

One way to place an order for Neuronetics 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.