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How to Buy Arcutis Biotherapeutics Stock

Arcutis Biotherapeutics Inc

Arcutis Biotherapeutics, Inc. , a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases.

Arcutis Biotherapeutics stock last closed at $9.16, up 0.88% from the previous day, and has increased 1.89% in one year. It has overperformed other stocks in the Biotechnology industry by 0.24 percentage points. Arcutis Biotherapeutics stock is currently +420.45% from its 52-week low of $1.76, and -30.45% from its 52-week high of $13.17.

As of May 24, 2024, there are 115.76M ARQT shares outstanding. The market cap of ARQT is $1.06B. In the past 24 hours, 1.71M ARQT shares were traded.

How to Buy Arcutis Biotherapeutics Stock

Wondering how to invest in Arcutis Biotherapeutics stock? Here's how.
  1. Choose where to buy Arcutis Biotherapeutics stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Arcutis Biotherapeutics stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your payment method and add your info.
  4. Analyze Arcutis Biotherapeutics stock: The Arcutis Biotherapeutics ticker symbol is ARQT. Is Arcutis Biotherapeutics stock a good investment? Should you buy shares of ARQT? How do ARQT's underlying business fundamentals look? Do top analysts think Arcutis Biotherapeutics is a good buy? Why has ARQT's stock price moved recently? (Hint: Our stock research website can help you figure out if ARQT is a good stock to buy).
  5. Place your ARQT trade: Decide if you will purchase ARQT shares at the current market price or use a limit order to buy ARQT stock at a specific price.
  6. Watch your investment in ARQT: Create a watchlist to keep track of your investment in Arcutis Biotherapeutics stock.

Step 1: Choose where to buy Arcutis Biotherapeutics stock

You need an online brokerage account to access the NASDAQ market and buy ARQT shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to buy ARQT stock today.

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  1. Submit your data by pressing the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've finished signing up on the best stock market app for beginners, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring money into your new investment account.

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Step 4: Analyze Arcutis Biotherapeutics stock

Once you have figured out the best place to buy Arcutis Biotherapeutics stock, it's critical to analyze their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.

Arcutis Biotherapeutics quick stats

ARQT Price
$9.16
1w %
-0.43%
1y %
1.89%
5y %
N/A
P/E
-3.27x
P/B
4.71x
P/S
9.56x
PEG
N/A
Revenue
$106.39M
Earnings
-$217.42M
Fore. Rev. Growth
61.42%
Fore. Earn. Growth
N/A
Market Cap
$1.06B
Next Earnings
Jun 14, 2024
Next Dividend
N/A

ARQT Zen Score

WallStreetZen was created to help average investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on ARQT's stock page.

How is ARQT stock valued?

You can use many financial metrics, analyses, models, and charts to gauge ARQT's fair value.

Using relative valuations measures:

  • ARQT may be undervalued based on its P/B ratio of 4.71x, relative to Biotechnology industry P/B ratio of 6.08x

You can access additional valuation research on ARQT's stock here.

A quick look at ARQT Financials

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the ARQT balance sheet.
  • ARQT has cash burn of 198662000. It has sufficient cash and short-term investments to cover this for at least one year.
  • ARQT has $404.48M in cash and short term investments. This is sufficient to cover its annual cash burn of $198.66M.
  • There are more short-term assets than long-term liabilities on the ARQT balance sheet.

Negative Health Checks:

  • ARQT has a relatively high debt to equity ratio of 1.13.
  • ARQT profit margin has gone up by 48.56 percentage points in the past year, but the company is still unprofitable.

Is it a good time to buy ARQT stock, according to analysts?

Out of 3 sell side analysts who track ARQT, the consensus analyst rating on Arcutis Biotherapeutics is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Arcutis Biotherapeutics stock forecast page.

Metrics for Advanced ARQT Traders

SMA10
9.07
SMA20
8.64
SMA50
9.5
SMA100
8.27
SMA200
6.34
MACD
0.02
MACD Signal
-0.15
MACD Histogram
0.17
RSI
51.59
Stochastic %K
57.62
Stochastic %D
65.77
StochRSI %K
72.63
StochRSI %D
86.12

ARQT Earnings

Last year, ARQT revenue was $106.39M. In the last 1 years, ARQT's revenue has gone up by 1,545.18% per year. This was faster than the Biotechnology industry average of 32.14%.

You can research ARQT's earnings and revenue performance here.

What are ARQT insiders up to?

In the last 12 months, executives and large shareholders at ARQT have bought more shares than they have sold.

Larry Todd Edwards, SVP Chief Commercial Officer of ARQT, was the latest ARQT insider to sell. They sold $68,584.28 worth of ARQT shares on May 17, 2024.

Get more info about who owns ARQT stock here.

Can I get consistent income from ARQT stock?

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

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Step 5: Place your ARQT trade

You have two main options:

  • 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 lets you 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 dollar amount limit, place a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Watch your investment in ARQT

Now that you own some shares in ARQT, you'll want to keep up with your company.

Start a watchlist to track the most important metrics related to your ARQT stock.

ARQT Feed

How to Buy Stock in Arcutis Biotherapeutics

To reiterate, here are the 6 steps you need to take to buy Arcutis Biotherapeutics stock right now:

  1. Choose where to buy Arcutis Biotherapeutics stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Arcutis Biotherapeutics stock
  5. Place your ARQT trade
  6. Watch your investment in ARQT

If you require a online brokerage, 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 would like to track your new investment in Arcutis Biotherapeutics, hit the button below to create your watchlist.

NASDAQ: ARQT
$9.16+0.08 (+0.88%)
Updated May 24, 2024
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NASDAQ: ARQT
$9.16+0.08 (+0.88%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Arcutis Biotherapeutics share?

As of May 24, 2024, it costs $9.16 to buy one share of Arcutis Biotherapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.437 shares of ARQT.

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 Arcutis Biotherapeutics stock?

According to 3 Wall Street analysts who monitor Arcutis Biotherapeutics, their consensus recommendation is to buy Arcutis Biotherapeutics stock.

What is the best way to buy Arcutis Biotherapeutics stock?

One way to place an order for Arcutis Biotherapeutics 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.