WallStreetZenWallStreetZen

How to Buy Bio Rad Laboratories Stock

Bio Rad Laboratories Inc

Bio Rad Laboratories is a medical device company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker BIO on the NYSE exchange.

Bio Rad Laboratories stock last closed at $280.13, up 0.14% from the previous day, and has decreased 39.34% in one year. It has underperformed other stocks in the Medical Devices industry by 0.21 percentage points. Bio Rad Laboratories stock is currently +7.09% from its 52-week low of $261.59, and -40.84% from its 52-week high of $473.50.

There are currently 28.52M BIO shares outstanding. The market value of BIO is $7.99B. In the past 24 hours, 181,654 BIO shares were traded.

How to Buy Bio Rad Laboratories Stock

Not sure how to invest in Bio Rad Laboratories stock? Here's how.
  1. Choose where to buy Bio Rad Laboratories stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Bio Rad Laboratories stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Research Bio Rad Laboratories stock: The Bio Rad Laboratories ticker symbol is BIO. Is Bio Rad Laboratories stock a good investment? Should you buy shares of BIO? How do BIO's underlying business fundamentals look? Do top analysts think Bio Rad Laboratories is a good buy? Why has BIO's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if BIO is a good stock to buy).
  5. Execute your BIO buy order: Decide if you will purchase BIO shares at the current market price or use a limit order to buy BIO shares at a given price.
  6. Get the latest scoop on your BIO position: Create a watchlist to track your investment in Bio Rad Laboratories shares.

Step 1: Choose where to buy Bio Rad Laboratories stock

You will need a brokerage account in order to access the NYSE market and buy BIO shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

In our opinion, eToro is the best stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Energy, New York to Tokyo — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of stock by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, it's time to fill out some personal details so you can invest in BIO stock today.

How to Start a New Account on eToro

  1. 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.
  2. Enter your personal details to start a new trading account.
  1. Send your application by hitting the "Create Account" button.
  2. 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.

Step 3: Fund your brokerage account

Now that you've created your account on one of the best stock apps, you can securely and quickly fund your account:

Watch the tutorial below to see the process of depositing money into your investment account.

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.

Step 4: Research Bio Rad Laboratories stock

After you have identified the best place to buy Bio Rad Laboratories stock, it's important to analyze their stock before you invest, so you actually understand the risk and upside.

Overview of key BIO info

BIO Price
$280.13
1w %
-6.75%
1y %
-39.34%
5y %
-4.55%
P/E
-12.84x
P/B
0.91x
P/S
3.06x
PEG
N/A
Revenue
$2.67B
Earnings
-$637.32M
Fore. Rev. Growth
3.6%
Fore. Earn. Growth
N/A
Market Cap
$7.99B
Next Earnings
May 7, 2024
Next Dividend
N/A

BIO Overview

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

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

How is BIO stock valued?

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

Using relative valuations metrics:

  • BIO may be undervalued based on its P/B ratio of 0.91x, relative to Medical Devices industry P/B ratio of 3.65x

You can do more valuation analysis on BIO's stock here.

BIO Financial Health Overview

Positive Financial Indicators:

  • BIO profit margin has gone up from -129.5% to -23.9% in the past year.
  • There are more short-term assets than long-term liabilities on the BIO balance sheet.
  • There are more short-term assets than short-term liabilities on the BIO balance sheet.
  • BIO's operating cash flow of $374.94M allows it to safely service it's debt of $1.41B.

Negative Financial Indicators:

  • Total BIO debt is higher than 5 years ago, relative to shareholder equity.
  • BIO earnings of -$800.67M is not sufficient to cover its interest payments.
  • BIO has a relatively high debt to equity ratio of 0.41.

Do analysts think it's a good time to buy Bio Rad Laboratories stock

Out of 3 Equities analysts who track BIO, the consensus analyst rating on BIO is a Buy

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

You can dive deeper into what analysts are projecting on the Bio Rad Laboratories stock forecast page.

BIO Technicals

SMA10
300.78
SMA20
317.72
SMA50
328.18
SMA100
321.91
SMA200
339.79
MACD
-13.99
MACD Signal
-8.82
MACD Histogram
-5.17
RSI
25.43
Stochastic %K
15.52
Stochastic %D
10.53
StochRSI %K
0.46
StochRSI %D
0.15

BIO Performance Numbers

Last year, BIO revenue was $2.67B. Over the last five year, BIO's revenue has grown by 3.13% per year. This was slower than the Medical Devices industry average of 13.34%.

Dive into BIO's earnings and revenue performance here.

Latest Insiders Trades at BIO

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

Timothy S. Ernst, EVP General Counsel Sec of BIO, was the latest BIO insider to sell. They sold $826,375.00 worth of BIO stock on Feb 28, 2024.

Get more info about who owns BIO stock here.

Does BIO provide a stable income stream?

No, Bio Rad Laboratories doesn't provide an income stream by paying out dividends.

What others are saying about BIO

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your BIO buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a stock 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.

Hit the Open Trade button and eToro will execute the order.

If you need more info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your BIO position

Now that you own some BIO stock, you'll want to keep up with your shares.

Create a watchlist to track the latest developments regarding your BIO stock.

BIO Feed

How to Buy Stock in Bio Rad Laboratories

To reiterate, here are the 6 steps you need to take to buy Bio Rad Laboratories stock right now:

  1. Choose where to buy Bio Rad Laboratories stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Research Bio Rad Laboratories stock
  5. Execute your BIO buy order
  6. Get the latest scoop on your BIO position

If you are looking for 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 want to keep an eye on your investment in Bio Rad Laboratories, hit the button below to create your watchlist.

NYSE: BIO
$280.13+0.40 (+0.14%)
Updated Apr 22, 2024
Open eToro Account
NYSE: BIO
$280.13+0.40 (+0.14%)
Updated Apr 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bio Rad Laboratories share?

As of Apr 22, 2024, it costs $280.13 to buy one share of Bio Rad Laboratories stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.357 shares of BIO.

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 Bio Rad Laboratories stock?

According to 3 Wall Street analysts who monitor Bio Rad Laboratories, their consensus recommendation is to buy Bio Rad Laboratories stock.

What is the best way to buy Bio Rad Laboratories stock?

One way to place an order for Bio Rad Laboratories 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.