How to Buy On24 Stock
On24 Inc
On24 is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker ONTF on the NYSE exchange.
On24 stock last closed at $8.14, up 1.75% from the previous day, and has decreased 34.88% in one year. It has underperformed other stocks in the Software - Application industry by 0.32 percentage points. On24 stock is currently +18.49% from its 52-week low of $6.87, and -37.11% from its 52-week high of $12.94.
There are currently 45.86M ONTF shares outstanding. The market cap of ONTF is $373.34M. In the last 24 hours, 580,696 ONTF shares were traded.
How to Buy On24 Stock
Not sure how to invest in On24 stock? Here's how.
- Choose where to buy On24 stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy On24 stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Analyze On24 stock: The On24 ticker symbol is ONTF. Is On24 stock a good investment? Should you buy shares of ONTF? How do ONTF's underlying business fundamentals look? Do top analysts think On24 is a good buy? Why has ONTF's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ONTF is a good stock to buy).
- Make your ONTF trade: Decide if you will purchase ONTF shares at the current market price or use a limit order to purchase ONTF shares at a given price.
- Keep tabs on your ONTF investment: Create a watchlist to watch your new investment in On24 shares.
Step 1: Choose where to buy On24 stock
You need an online brokerage account in order to access the NYSE market and buy ONTF stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% 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 purchase the stock.
- Access to world markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with 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 brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to buy ONTF stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Input your personal details to start a new brokerage account.
- Send your data by hitting the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've opened your account on app for stock market, you can securely and quickly fund your account:
Watch the video below to see the process of depositing money into your new investment account.
Step 4: Analyze On24 stock
After you have chosen the best place to buy On24 stock, it's crucial to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.
On24 shares at a glance
Fundamentals of On24
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on ONTF's stock page.
Is ONTF stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ONTF's fair value.
Using relative valuations measures:
- ONTF could be undervalued based on its P/B ratio of 1.28x, relative to Software - Application industry P/B ratio of 5.69x
You can access more valuation analysis on ONTF's stock here.
Is ONTF a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the ONTF balance sheet.
- ONTF has $315.69M in cash and short term investments. This is sufficient to cover its annual cash burn of $20.75M.
- ONTF has cash burn of 20749000. 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 ONTF balance sheet.
- ONTF has a low debt to equity ratio of 0.38.
Negative Financial Indicators:
- ONTF profit margin has gone down from -18.3% to -32.5% in the past year.
Do analysts think it's a good time to buy ONTF stock
Out of 1 Equities analysts who research ONTF, the consensus analyst rating on ONTF is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent ONTF Analyst Ratings
Brent A. Bracelin, a top 1% analyst from Piper Sandler reiterates ONTF with a hold rating and maintains their ONTF price target from $9.00 to $9.00, on May 10, 2023.
You can dig deeper into what analysts are saying on the On24 stock forecast page.
ONTF Technical Indicators
How are ONTF Revenues/Earnings doing?
Last year, ONTF revenue was $185.44M. In the last 2 year, ONTF's revenue has gone up by 0.86% per year. This was slower than the Software - Application industry average of 33.02%.
Learn more about ONTF's earnings and revenue performance here.
Latest Insiders Trades at ONTF
Over the last 12 months, insiders at ONTF have sold more shares than they have bought.
Steven Vattuone, Chief Financial Officer of ONTF, was the latest ONTF insider to sell. They sold $112,766.59 worth of ONTF stock on Jun 2, 2023.
Get more info about who owns ONTF shares here.
Does ONTF provide a stable income stream?
No, On24 doesn't provide an income stream by paying out dividends.
ONTF Social Trading Data
One of the biggest 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 ONTF trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your ONTF investment
Now that you own some ONTF shares, you'll want to keep up with your new stock purchase.
Create a watchlist to get the latest updates about your ONTF stock.
ONTF Feed
How to Buy Stock in On24
To reiterate, here are the 6 steps for buying On24 stock:
- Choose where to buy On24 stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze On24 stock
- Make your ONTF trade
- Keep tabs on your ONTF investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in On24, click the button below.
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