How to Buy Inmode Stock
Inmode Ltd
InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radiofrequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States and internationally.
Inmode stock last closed at $18.46, down 0.97% from the previous day, and has decreased 44.03% in one year. It has underperformed other stocks in the Medical Devices industry by 0.31 percentage points. Inmode stock is currently +10.41% from its 52-week low of $16.72, and -61.74% from its 52-week high of $48.25.
As of May 17, 2024, there are 84.52M INMD shares outstanding. The market cap of INMD is $1.56B. In the last 24 hours, 708,922 INMD shares were traded.
How to Buy Inmode Stock
Not sure how to invest in Inmode stock? Here's how.
- Decide where to buy Inmode stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Inmode stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Inmode stock: The Inmode ticker symbol is INMD. Is Inmode stock a good investment? Should you buy shares of INMD? How do INMD's underlying business fundamentals look? Do top analysts think Inmode is a good buy? Why has INMD's stock price moved recently? (Hint: Our stock market research website can help you decide if INMD is a good stock to buy).
- Make your INMD buy order: Decide if you will purchase INMD shares at the current market price or use a limit order to purchase INMD shares at a particular price.
- Get notifications regarding your investment in INMD: Create a watchlist to important updates regarding your new investment in Inmode shares.
Step 1: Decide where to buy Inmode stock
You need a brokerage account to access the NASDAQ market and buy INMD stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you are able to invest in INMD today.
How to Set Up a New 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 start your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing money into your new brokerage account.
Step 4: Evaluate Inmode stock
After you have chosen the best place to buy Inmode stock, it's important to evaluate their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Inmode stock data
INMD Fundamentals
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on INMD's stock page.
What is the fair value of INMD stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge INMD's true value.
Using relative valuations metrics:
- INMD may be undervalued based on its P/E ratio of 8.51x, relative to Medical Devices industry P/E ratio of 30.6x
- INMD could be undervalued based on its P/B ratio of 1.91x, relative to Medical Devices industry P/B ratio of 4x
- INMD could be undervalued based on its PEG ratio of 0.34x
You can do additional valuation analysis on INMD's stock here.
INMD Financial Health Overview
Positive Health Checks:
- INMD profit margin has gone up from 36.1% to 38.8% in the past year.
- INMD has a low debt to equity ratio of 0.09.
- INMD's operating cash flow of $179.72M allows it to safely service it's debt of $6.21M.
- There are more short-term assets than long-term liabilities on the INMD balance sheet.
- INMD earnings of $199.06M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the INMD balance sheet.
Is INMD stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Equities analysts who give ratings on INMD, the consensus analyst rating on INMD is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Inmode stock forecast page.
INMD Technicals
INMD Earnings
Last year, INMD earnings were $181.11M. In the past 5 year, INMD's earnings have increased by 34.66% per year. This was faster than the Medical Devices industry average of 10.23%.
Last year, INMD revenue was $466.26M. In the last five year, INMD's revenue has grown by 33.54% per year. This was faster than the Medical Devices industry average of 13.01%.
Learn more about INMD's earnings and revenue performance here.
What are INMD insiders up to?
In the last year, executives and large shareholders at INMD have not bought or sold any shares.
Dig into more about who owns INMD stock here.
Can I rely on INMD as an income stream?
No, Inmode doesn't provide an income stream by paying out dividends.
Get opinions from other traders
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Step 5: Make your INMD buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and your broker will place your order.
If you want more help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in INMD
Now that you own some shares in INMD, you'll want to keep up with your new shares.
Put INMD on a watchlist to track your INMD stock.
INMD Feed
How to Buy Stock in Inmode
To summarize, here are the 6 steps you need to take to buy Inmode stock right now:
- Decide where to buy Inmode stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Inmode stock
- Make your INMD buy order
- Get notifications regarding your investment in INMD
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Inmode, create your watchlist below.
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