How to Buy Argenx Se Stock
Argenx Se
argenx SE, a biotechnology company, focuses on developing various therapies for the treatment of autoimmune diseases in the United States, the Netherlands, Belgium, Japan, Switzerland, Germany and France.
Argenx Se stock last closed at $358.41, down 2.13% from the previous day, and has decreased 4.62% in one year. It has overperformed other stocks in the Biotechnology industry by 0.22 percentage points. Argenx Se stock is currently +9.36% from its 52-week low of $327.73, and -34.92% from its 52-week high of $550.76.
As of Apr 18, 2024, there are 59.19M ARGX shares outstanding. The market capitalization of ARGX is $21.22B. In the last 24 hours, 241,254 ARGX shares were traded.
How to Buy Argenx Se Stock
Wondering how to invest in Argenx Se stock? Here's how.
- Figure out where to buy Argenx Se stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Argenx Se stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your details.
- Research Argenx Se stock: The Argenx Se ticker symbol is ARGX. Is Argenx Se stock a good investment? Should you buy shares of ARGX? How do ARGX's underlying business fundamentals look? Do top analysts think Argenx Se is a good buy? Why has ARGX's stock price moved recently? (Hint: Our stock research website can help you understand if ARGX is a good stock to buy).
- Execute your ARGX trade: Decide if you will purchase ARGX shares at the current market price or use a limit order to buy ARGX stock at a particular price.
- Monitor your investment in ARGX: Create a watchlist to keep tabs on your new investment in Argenx Se stock.
Step 1: Figure out where to buy Argenx Se stock
You need an online brokerage account in order to access the NASDAQ market and buy ARGX stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy ARGX 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.
- Enter your personal data to open a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock trading app, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your investment account.
Step 4: Research Argenx Se stock
After you have figured out the best place to buy Argenx Se stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Argenx Se quick stats
Argenx Se Due Diligence Checks
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ARGX's stock page.
Is ARGX stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge ARGX's true value.
Using relative valuations ratios:
- ARGX could be undervalued based on its P/B ratio of 4.76x, relative to Biotechnology industry P/B ratio of 5.76x
You can do more valuation analysis on ARGX's stock here.
A quick look at ARGX Financials
Pros:
- ARGX has $3.46B in cash and short term investments. This is sufficient to cover its annual cash burn of $457.76M.
- There are more short-term assets than short-term liabilities on the ARGX balance sheet.
- ARGX has a low debt to equity ratio of 0.11.
- There are more short-term assets than long-term liabilities on the ARGX balance sheet.
- ARGX has cash burn of 457759782. It has sufficient cash and short-term investments to cover this for at least one year.
Cons:
- Total ARGX debt is higher than 5 years ago, relative to shareholder equity.
- ARGX profit margin has gone up by 62.47 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy ARGX stock, according to Wall Street analysts?
Out of 15 sell side analysts who give forecasts on ARGX, the consensus analyst rating on ARGX is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest ARGX Analyst Ratings
Joel Beatty, a top 27% analyst from Baird maintains ARGX with a buy rating and lowers their ARGX price target from $505.00 to $490.00, on Mar 1, 2024.
Derek Archila, a top 2% analyst from Wells Fargo maintains ARGX with a strong buy rating and raises their ARGX price target from $472.00 to $478.00, on Feb 20, 2024.
Allison Bratzel, a top 33% analyst from Piper Sandler maintains ARGX with a strong buy rating and raises their ARGX price target from $518.00 to $522.00, on Jan 26, 2024.
Gavin Clark-Gartner, a bottom 13% analyst from Evercore ISI Group maintains ARGX with a buy rating and lowers their ARGX price target from $594.00 to $436.00, on Dec 21, 2023.
Danielle Brill, a bottom 5% analyst from Raymond James maintains ARGX with a strong buy rating and lowers their ARGX price target from $580.00 to $520.00, on Dec 21, 2023.
You can dig deeper into what analysts are forecasting on the Argenx Se stock forecast page.
ARGX Technicals
Is ARGX Making Money?
Last year, ARGX revenue was $38.62M. During the past 5 year, ARGX's revenue has gone up by 9.84% per year. This was slower than the Biotechnology industry average of 28.98%.
You can analyze ARGX's earnings and revenue performance here.
Who is buying/selling ARGX?
Over the past year, insiders at ARGX have not bought or sold any shares.
Learn more about who owns ARGX stock here.
Can I get consistent income from ARGX stock?
No, Argenx Se doesn't provide an income stream by paying out dividends.
What others are saying about ARGX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your ARGX trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - 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 particular dollar amount, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Monitor your investment in ARGX
Now that you own some ARGX stock, you'll want to stay up-to-date on your company.
Start a watchlist to track your ARGX stock.
ARGX Feed
How to Buy Stock in Argenx Se
To reiterate, here are the 6 steps for buying Argenx Se stock:
- Figure out where to buy Argenx Se stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Argenx Se stock
- Execute your ARGX trade
- Monitor your investment in ARGX
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Argenx Se, click below.
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