How to Buy Unifi Stock
Unifi Inc
Unifi is a textile company located in North Carolina, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker UFI on the NYSE exchange.
Unifi stock last closed at $5.80, down 0.34% from the previous day, and has decreased 32% in one year. It has underperformed other stocks in the Textile Manufacturing industry by 0.3 percentage points. Unifi stock is currently +4.69% from its 52-week low of $5.54, and -37.9% from its 52-week high of $9.34.
At the moment, there are 18.16M shares of UFI outstanding. The market capitalization of UFI is $105.32M. In the past 24 hours, 35,468 UFI shares were traded.
How to Buy Unifi Stock
Wondering how to invest in Unifi stock? Here's how.
- Figure out where to buy Unifi stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Unifi stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Evaluate Unifi stock: The Unifi ticker symbol is UFI. Is Unifi stock a good investment? Should you buy shares of UFI? How do UFI's underlying business fundamentals look? Do top analysts think Unifi is a good buy? Why has UFI's stock price moved recently? (Hint: Our stock market research website can help you understand if UFI is a good stock to buy).
- Make your UFI buy order: Decide if you will purchase UFI shares at the current market price or use a limit order to buy UFI stock at a specific price.
- Monitor your UFI investment: Create a watchlist to get live updates on your position in Unifi shares.
Step 1: Figure out where to buy Unifi stock
You need an online brokerage account to access the NYSE market and buy UFI stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without 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 global markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can buy UFI today.
How to Set Up 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 info to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on apps for stocks, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Unifi stock
After you have decided on the best place to buy Unifi stock, it's important to evaluate their stock before you invest, so you truly understand the risk as well as the opportunity.
Unifi Metrics
Unifi Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on UFI's stock page.
Is UFI stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge UFI's intrinsic value.
Using relative valuations measures:
- UFI may be undervalued based on its P/B ratio of 0.36x, relative to Textile Manufacturing industry P/B ratio of 2.13x
You can do more valuation research on UFI's stock here.
UFI Financial Health
Positive Financial Indicators:
- UFI has $35.98M in cash and short term investments. This is enough to cover its annual cash burn of $18.48M.
- UFI has cash burn of 18481000. 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 UFI balance sheet.
- There are more short-term assets than short-term liabilities on the UFI balance sheet.
Negative Financial Indicators:
- UFI profit margin has gone down from -2.8% to -9.2% in the past year.
- UFI has a relatively high debt to equity ratio of 0.69.
- Total UFI debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are projecting on the Unifi stock forecast page.
UFI Trading Indicators
UFI Performance Metrics
Last year, UFI revenue was $583.56M. Over the last 5 year, UFI's revenue has increased by -3.48% per year. This was slower than the Textile Manufacturing industry average of 2.73%.
Dive into UFI's earnings and revenue performance here.
Are UFI insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at UFI have bought more shares than they have sold.
Kenneth G. Langone, Director of UFI, was the latest UFI insider to buy. They bought $2,875,000.00 worth of UFI stock on Dec 22, 2023.
Research more about who owns UFI stock here.
Can I rely on UFI as an income stream?
No, Unifi doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the 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: Make your UFI buy order
There are 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 generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Click the Open button and eToro will place the order.
If you need more help investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your UFI investment
Now that you own some shares in UFI, you'll want to keep up with your new investment.
Create a watchlist to get notified of important updates regarding your UFI stock.
UFI Feed
How to Buy Stock in Unifi
To reiterate, here are the 6 steps to buy stock in Unifi:
- Figure out where to buy Unifi stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Unifi stock
- Make your UFI buy order
- Monitor your UFI investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Unifi, create a watchlist on WallStreetZen today.
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