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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 $6.72, up 0% from the previous day, and has decreased 22.76% in one year. It has underperformed other stocks in the Software - Application industry by 0.47 percentage points. On24 stock is currently +17.28% from its 52-week low of $5.73, and -29.63% from its 52-week high of $9.55.

There are currently 41.67M ONTF shares outstanding. The market cap of ONTF is $280.05M. In the last 24 hours, 91,138 ONTF shares were traded.

How to Buy On24 Stock

Not sure how to invest in On24 stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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.

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Step 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

  1. Click here to get started.
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  2. Input your personal details to start a new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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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.

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: 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

ONTF Price
$6.72
1w %
0%
1y %
-22.76%
5y %
N/A
P/E
-5.79x
P/B
1.55x
P/S
1.83x
PEG
N/A
Revenue
$163.71M
Earnings
-$51.79M
Fore. Rev. Growth
-11.94%
Fore. Earn. Growth
N/A
Market Cap
$280.05M
Next Earnings
May 7, 2024
Next Dividend
N/A

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 1.55x, relative to Software - Application industry P/B ratio of 6.53x

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 $198.71M in cash and short term investments. This is sufficient to cover its annual cash burn of $14.39M.
  • ONTF has cash burn of 14385000. 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.
  • Total ONTF debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • ONTF has a relatively high debt to equity ratio of 0.56.
  • ONTF profit margin has gone down from -30.5% to -31.6% in the past year.

Is On24 stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who monitor ONTF, the consensus analyst rating on On24 is a Hold

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the On24 stock forecast page.

ONTF Momentum

SMA10
6.77
SMA20
6.92
SMA50
7.02
SMA100
7.29
SMA200
7.14
MACD
-0.1
MACD Signal
-0.07
MACD Histogram
-0.02
RSI
44.52
Stochastic %K
17.23
Stochastic %D
11.57
StochRSI %K
18.49
StochRSI %D
9.25

How is ONTF performing as a company?

Last year, ONTF revenue was $163.71M. In the past five year, ONTF's revenue has grown by 14.66% per year. This was slower than the Software - Application industry average of 27.59%.

Dive into ONTF's earnings and revenue performance here.

Latest Insiders Trades at ONTF

Over the last year, insiders at ONTF have sold more shares than they have bought.

Sharat Sharan, President and Chief Executive of ONTF, was the latest ONTF insider to sell. They sold $126,897.05 worth of ONTF stock on Apr 1, 2024.

Get more info about who owns ONTF shares here.

Can I rely on ONTF as an income stream?

No, On24 doesn't provide an income stream by paying out dividends.

What others are saying about ONTF

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

Click below to learn what other community members have to say.

Step 5: Make your ONTF trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price limit, place a limit order.

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

If you need more info about buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep tabs on your ONTF investment

Now that you own some ONTF stock, you'll want to stay up-to-date on your investment.

Make a watchlist to keep tabs on your ONTF stock.

ONTF Feed

How to Buy Stock in On24

To summarize, here are the 6 steps for buying On24 stock:

  1. Choose where to buy On24 stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Analyze On24 stock
  5. Make your ONTF trade
  6. Keep tabs on your ONTF investment

If you are looking for a brokerage account, 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 monitor your new investment in On24, click below.

NYSE: ONTF
$6.72+0.00 (+0%)
Updated Apr 24, 2024
Open eToro Account
NYSE: ONTF
$6.72+0.00 (+0%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one On24 share?

As of Apr 24, 2024, it costs $6.72 to buy one share of On24 stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.446 shares of ONTF.

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 On24 stock?

According to 1 Wall Street analysts who monitor On24, their consensus recommendation is to hold On24 stock.

What is the best way to buy On24 stock?

One way to place an order for On24 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.