How to Buy Bhp Group Stock
Bhp Group Ltd
Bhp Group is a mining company located in Australia, which is part of the Basic Materials sector, and is traded under the ticker BHP on the NYSE exchange.
Bhp Group stock last closed at $63.41, up 0.83% from the previous day, and has decreased 17.92% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.01 percentage points. Bhp Group stock is currently +35.14% from its 52-week low of $46.92, and -19.88% from its 52-week high of $79.14.
As of Mar 31, 2023, there are 5.07B BHP shares outstanding. The market cap of BHP is $160.61B. In the past 24 hours, 2.49M BHP shares were traded.
How to Buy Bhp Group Stock
Wondering how to invest in Bhp Group stock? Here's how.
- Figure out where to buy Bhp Group stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Bhp Group stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your info.
- Evaluate Bhp Group stock: The Bhp Group ticker symbol is BHP. Is Bhp Group stock a good investment? Should you buy shares of BHP? How do BHP's underlying business fundamentals look? Do top analysts think Bhp Group is a good buy? Why has BHP's stock price moved recently? (Hint: Our stock market research tools can help you decide if BHP is a good stock to buy).
- Execute your BHP buy order: Decide if you will purchase BHP shares at the current market price or use a limit order to purchase BHP shares at a given price.
- Get the latest news on your BHP position: Create a watchlist to key updates about your investment in Bhp Group stock.
Step 1: Figure out where to buy Bhp Group stock
You need a brokerage account in order to access the NYSE market and buy BHP stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in BHP stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.
- Input your personal details to create your new brokerage account.
- Send your information by clicking the "Create Account" button.
Step 3: Put funds into your investment account
Now that you've created your account on the best stock app, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring funds into your investment account.
Step 4: Evaluate Bhp Group stock
Once you have decided on the best place to buy Bhp Group stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.
Bhp Group stock at a glance
BHP Zen Score
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on BHP's stock page.
Is BHP stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge BHP's true value.
Using relative valuations methods:
- BHP could be overvalued based on its P/E ratio of 5.75x, relative to Other Industrial Metals & Mining industry P/E ratio of 4.63x
- BHP could be overvalued based on its P/B ratio of 3.77x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.53x
- BHP could be undervalued based on its PEG ratio of 0.15x
You can do more valuation analysis on BHP's stock here.
BHP Financial Health Overview
Signs that BHP is financially healthy:
- There are more short-term assets than short-term liabilities on the BHP balance sheet.
- BHP earnings of $38.02B is not sufficient to cover its interest payments.
- BHP profit margin has gone up from 26.6% to 46.3% in the past year.
- BHP's operating cash flow of $25.67B allows it to safely service it's debt of $17.58B.
Signs that BHP is not financially healthy:
- BHP has a relatively high debt to equity ratio of 0.97.
- Total BHP debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the BHP balance sheet.
BHP Trading Indicators
BHP Growth Metrics
Last year, BHP earnings were $27.91B. In the last four year, BHP's earnings have gone up by 52.23% per year. This was faster than the Other Industrial Metals & Mining industry average of 34.82%.
Last year, BHP revenue was $60.28B. In the last 4 year, BHP's revenue has increased by 8.6% per year. This was slower than the Other Industrial Metals & Mining industry average of 9.15%.
Learn more about BHP's earnings and revenue performance here.
Who is buying/selling BHP?
In the last year, insiders at BHP have not bought or sold any shares.
Dig into more about who owns BHP stock here.
Does BHP stock generate passive income?
Bhp Group pays a dividend of 8.36%, compared to the Other Industrial Metals & Mining industry's average dividend yield of 4.24%. If you owned $1,000 of BHP stock, you would have been paid $83.58 in the past year.
Bhp Group dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Bhp Group dividend yield and history here.
What do other traders have to say about BHP?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your BHP buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your BHP position
Now that you own some BHP stock, you'll want to keep up with your investment.
Create a watchlist to track the most important metrics related to your BHP stock.
BHP Feed
How to Buy Stock in Bhp Group
To summarize, here are the 6 steps to buy stock in Bhp Group:
- Figure out where to buy Bhp Group stock
- Create a brokerage account
- Put funds into your investment account
- Evaluate Bhp Group stock
- Execute your BHP buy order
- Get the latest news on your BHP position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your investment in Bhp Group, create a watchlist today.
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