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 $101.95, down 0.86% from the previous day, and has increased 18.08% in one year. It has overperformed other stocks in the Credit Services industry by 0.03 percentage points. Orix stock is currently +23.32% from its 52-week low of $82.67, and -10.12% from its 52-week high of $113.43.
At the moment, there are 1.23B shares of IX outstanding. The market cap of IX is $25.18B. In the past 24 hours, 11,218 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
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- Buy other assets: Such as ETFs and cryptocurrencies.
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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/E ratio of 12.4x, relative to Credit Services industry P/E ratio of 28.52x
- IX could be undervalued based on its P/B ratio of 0.99x, relative to Credit Services industry P/B ratio of 4.81x
- IX may be undervalued based on its PEG ratio of 0.23x
You can do additional valuation analysis on IX's stock here.
IX Financial Health Summary
Passed Financial Due Diligence Checks:
- IX's operating cash flow of $8.58B allows it to safely service it's debt of $40.71B.
- Total IX debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- IX profit margin has gone down from 11.8% to 10.4% in the past year.
- IX earnings of $3.89B is not sufficient to cover its interest payments.
- IX has a relatively high debt to equity ratio of 3.21.
You can dive deeper into what analysts are saying on the Orix stock forecast page.
Metrics for Advanced IX Traders
Is IX Making Money?
Last year, IX earnings were $1.91B. Over the last five year, IX's earnings have gone up by -3.92% per year. This was slower than the Credit Services industry average of 12%.
Last year, IX revenue was $18.44B. In the past 5 year, IX's revenue has increased by -3.13% per year. This was slower than the Credit Services industry average of 9.61%.
Learn more about IX's earnings and revenue performance here.
Latest Insiders Trades at IX
In the past 12 months, executives and large shareholders at IX have not bought or sold any shares.
Research more about who owns IX stock here.
Does IX stock generate passive income?
No, Orix doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest 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: Execute your IX trade
You have two main types of orders:
- 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 fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Click the Open button and your broker will place your order.
If you need more help investing in 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 investment.
Create a watchlist to track the latest developments regarding your IX stock.
IX Feed
How to Buy Stock in Orix
To reiterate, here are the 6 steps for buying Orix stock:
- 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 need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Orix, click the button below.
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