How to Buy Orix Stock
Orix Corp
Orix is a credit service company located in Japan, which is part of the Financial Services sector, and is traded under the ticker IX on the NYSE exchange.
Orix stock last closed at $21.63, down 1.14% from the previous day, and has increased 0.48% in one year. It has underperformed other stocks in the Credit Services industry by 0.26 percentage points. Orix stock is currently +21.86% from its 52-week low of $17.75, and -14.06% from its 52-week high of $25.17.
At the moment, there are 1.21B shares of IX outstanding. The market cap of IX is $26.28B. In the past 24 hours, 116,000 IX shares were traded.
How to Buy Orix Stock
Wondering how to invest in Orix stock? Here's how.
- Figure out where to buy Orix stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Orix stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Research Orix stock: The Orix ticker symbol is IX. Is Orix stock a good investment? Should you buy shares of IX? How do IX's underlying business fundamentals look? Do top analysts think Orix is a good buy? Why has IX's stock price moved recently? (Hint: Our stock market research tools can help you understand if IX is a good stock to buy).
- Execute your IX trade: Decide if you will purchase IX shares at the current market price or use a limit order to buy IX stock at a particular price.
- Keep tabs on your investment in IX: Create a watchlist to monitor your new investment in Orix shares.
Step 1: Figure out where to buy Orix stock
You need a brokerage account to access the NYSE market and buy IX shares.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. 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 buy the stock.
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- Social investing: eToro boasts 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 cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you can invest in IX stock today.
How to Start a New Investment 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.
- Input your personal details to open a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on our top ranked stock app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Research Orix stock
Once you have identified the best place to buy Orix stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Orix Numbers
Fundamentals of IX
WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on IX's stock page.
How is IX stock valued?
You can use many financial metrics, analyses, models, and charts to gauge IX's intrinsic value.
Using relative valuations measures:
- IX may be undervalued based on its P/B ratio of 0.92x, relative to Credit Services industry P/B ratio of 5.79x
You can access more valuation research on IX's stock here.
IX Financials at a glance
Passed Financial Due Diligence Checks:
- IX's operating cash flow of $9.11B allows it to safely service it's debt of $44.03B.
- Total IX debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- IX earnings of $4.55B is not sufficient to cover its interest payments.
- IX profit margin has gone down from 12.3% to 12.2% in the past year.
- IX has a relatively high debt to equity ratio of 3.1.
You can dig deeper into what analysts are saying on the Orix stock forecast page.
IX Momentum
IX Performance Metrics
Last year, IX revenue was $20.15B. Over the past five year, IX's revenue has increased by -1.84% per year. This was slower than the Credit Services industry average of 10.18%.
You can analyze IX's earnings and revenue performance here.
Are IX insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at IX have not bought or sold any shares.
Learn more about who owns IX stock here.
Can I get consistent income from IX stock?
No, Orix doesn't provide an income stream by paying out dividends.
IX Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your IX trade
You have 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 mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you require more info about buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in IX
Now that you own some shares in IX, you'll want to stay up-to-date on your new company.
Add IX to a watchlist to track your IX stock.
IX Feed
How to Buy Stock in Orix
To reiterate, here are the 6 steps you need to take to buy Orix stock right now:
- Figure out where to buy Orix stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Orix stock
- Execute your IX trade
- Keep tabs on your investment in IX
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your new investment in Orix, get started below.
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