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How to Buy Bausch & Lomb Stock

Bausch & Lomb Corp

Bausch & Lomb is a medical company located in British Columbia, Canada, which is part of the Healthcare sector, and is traded under the ticker BLCO on the NYSE exchange.

Bausch & Lomb stock last closed at $17.21, up 1.71% from the previous day, and has increased 5.2% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.07 percentage points. Bausch & Lomb stock is currently +26.36% from its 52-week low of $13.62, and -21.59% from its 52-week high of $21.95.

As of Mar 27, 2024, there are 350.99M shares of BLCO outstanding. The market capitalization of BLCO is $6.04B. In the last 24 hours, 263,494 BLCO shares were traded.

How to Buy Bausch & Lomb Stock

Wondering how to invest in Bausch & Lomb stock? Here's how.
  1. Choose where to buy Bausch & Lomb stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Bausch & Lomb stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your method of payment and add your details.
  4. Evaluate Bausch & Lomb stock: The Bausch & Lomb ticker symbol is BLCO. Is Bausch & Lomb stock a good investment? Should you buy shares of BLCO? How do BLCO's underlying business fundamentals look? Do top analysts think Bausch & Lomb is a good buy? Why has BLCO's stock price moved recently? (Hint: Our stock market research website can help you decide if BLCO is a good stock to buy).
  5. Make your BLCO purchase: Decide if you will purchase BLCO shares at the current market price or use a limit order to purchase BLCO stock at a given price.
  6. Track your BLCO position: Create a watchlist to track your investment in Bausch & Lomb stock.

Step 1: Choose where to buy Bausch & Lomb stock

You need a brokerage account to access the NYSE market and buy BLCO shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you are able to buy BLCO today.

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Step 3: Put funds into your investment account

Now that you've filled out your info on stock apps to use, you can securely and quickly fund your account:

Check out the tutorial below if you need help transferring money into your brokerage account.

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Step 4: Evaluate Bausch & Lomb stock

After you have selected the best place to buy Bausch & Lomb stock, it's absolutely critical to analyze their stock prior to buying, so you truly understand the risk as well as the upside.

Bausch & Lomb stock data

BLCO Price
$17.21
1w %
6.37%
1y %
5.2%
5y %
N/A
P/E
-23.26x
P/B
0.88x
P/S
1.45x
PEG
N/A
Revenue
$4.15B
Earnings
-$260.00M
Fore. Rev. Growth
7.48%
Fore. Earn. Growth
N/A
Market Cap
$6.04B
Next Earnings
May 1, 2024
Next Dividend
N/A

Bausch & Lomb Fundamentals

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on BLCO's stock page.

What is the fair value of BLCO stock?

Analysts use many financial metrics, analyses, models, and charts to gauge BLCO's fair value.

Using relative valuations ratios:

  • BLCO may be undervalued based on its P/B ratio of 0.88x, relative to Medical Instruments & Supplies industry P/B ratio of 3.74x

You can access additional valuation analysis on BLCO's stock here.

BLCO Financial Health

Signs that BLCO is financially healthy:

  • There are more short-term assets than short-term liabilities on the BLCO balance sheet.
  • BLCO has cash burn of 198000000. It has enough cash and short-term investments to cover this for at least one year.
  • BLCO has $334.00M in cash and short term investments. This is enough to cover its annual cash burn of $198.00M.

Signs that BLCO is not financially healthy:

  • BLCO has a relatively high debt to equity ratio of 0.95.
  • There are more long-term liabilities than short-term assets on the BLCO balance sheet.
  • BLCO profit margin has gone down from 0.2% to -6.3% in the past year.

Is it a good time to buy Bausch & Lomb stock, according to analysts?

Out of 6 sell side analysts who give recommendations on BLCO, the consensus analyst rating on Bausch & Lomb is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest BLCO Analyst Recommendations

Yi Chen, a top 20% analyst from HC Wainwright & Co. reiterates BLCO with a buy rating and lowers their BLCO price target from $22.00 to $21.00, on Oct 6, 2023.

You can dive deeper into what analysts are projecting on the Bausch & Lomb stock forecast page.

BLCO Momentum

SMA10
16.26
SMA20
16.3
SMA50
15.43
SMA100
15.6
SMA200
16.97
MACD
0.28
MACD Signal
0.22
MACD Histogram
0.05
RSI
65.48
Stochastic %K
91.35
Stochastic %D
77.44
StochRSI %K
100
StochRSI %D
82.6

BLCO Revenue

Last year, BLCO revenue was $4.15B. During the past four year, BLCO's revenue has increased by 2.35% per year. This was slower than the Medical Instruments & Supplies industry average of 9.68%.

Dig into BLCO's earnings and revenue performance here.

Latest Insiders Trades at BLCO

Over the last year, insiders at BLCO have sold more shares than they have bought.

Luc Bonnefoy, PresidentSurgical of BLCO, was the latest BLCO insider to sell. They sold $18,084.06 worth of BLCO shares on Mar 1, 2024.

Get more info about who owns BLCO shares here.

Does BLCO provide a stable income stream?

No, Bausch & Lomb doesn't provide an income stream by paying out dividends.

What others are saying about BLCO

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your BLCO purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

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Step 6: Track your BLCO position

Now that you own some shares in BLCO, you'll want to stay up-to-date on your new company.

Create a watchlist to track your BLCO stock.

BLCO Feed

How to Buy Stock in Bausch & Lomb

To summarize, here are the 6 steps you need to take to buy Bausch & Lomb stock right now:

  1. Choose where to buy Bausch & Lomb stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Evaluate Bausch & Lomb stock
  5. Make your BLCO purchase
  6. Track your BLCO position

If you are looking for a brokerage, eToro is our favorite option.

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If you want to get the latest scoop on your new investment in Bausch & Lomb, click the button below.

NYSE: BLCO
$17.21+0.29 (+1.71%)
Updated Mar 27, 2024
Open eToro Account
NYSE: BLCO
$17.21+0.29 (+1.71%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bausch & Lomb share?

As of Mar 27, 2024, it costs $17.21 to buy one share of Bausch & Lomb stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.465 shares of BLCO.

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 Bausch & Lomb stock?

According to 6 Wall Street analysts who monitor Bausch & Lomb, their consensus recommendation is to buy Bausch & Lomb stock.

What is the best way to buy Bausch & Lomb stock?

One way to place an order for Bausch & Lomb 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.