How to Buy Biote Stock
Biote Corp
biote Corp. operates in medical practice-building business within the hormone optimization space.
Biote stock last closed at $5.58, down 0.18% from the previous day, and has decreased 7% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.1 percentage points. Biote stock is currently +52.71% from its 52-week low of $3.65, and -32.12% from its 52-week high of $8.22.
There are currently 74.53M BTMD shares outstanding. The market capitalization of BTMD is $415.89M. In the last 24 hours, 42,029 BTMD shares were traded.
How to Buy Biote Stock
Not sure how to invest in Biote stock? Here's how.
- Choose where to buy Biote stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Biote stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Evaluate Biote stock: The Biote ticker symbol is BTMD. Is Biote stock a good investment? Should you buy shares of BTMD? How do BTMD's underlying business fundamentals look? Do top analysts think Biote is a good buy? Why has BTMD's stock price moved recently? (Hint: Our stock research tools can help you evaluate if BTMD is a good stock to buy).
- Make your BTMD purchase: Decide if you will purchase BTMD shares at the current market price or use a limit order to buy BTMD stock at a given price.
- Get the latest news on your investment in BTMD: Create a watchlist to keep track of your investment in Biote shares.
Step 1: Choose where to buy Biote stock
You need an online brokerage account to access the NASDAQ market and buy BTMD stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you are able to invest in BTMD today.
How to Set Up a New 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 info to start your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on apps for stocks, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring money into your new investment account.
Step 4: Evaluate Biote stock
After you have chosen the best place to buy Biote stock, it's very important to evaluate their stock before you invest, so you actually comprehend the risk as well as the upside.
Biote Numbers
BTMD Overview
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on BTMD's stock page.
Is BTMD stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge BTMD's fair value.
Using relative valuations ratios:
- BTMD may be undervalued based on its P/E ratio of 42.92x, relative to Medical Care Facilities industry P/E ratio of -0.78x
- BTMD could be undervalued based on its PEG ratio of 0.31x
You can access more valuation analysis on BTMD's stock here.
BTMD Financials at a glance
Pros:
- BTMD profit margin has gone up from -0.6% to 1.8% in the past year.
- BTMD's operating cash flow of $26.88M allows it to safely service it's debt of $114.87M.
- There are more short-term assets than short-term liabilities on the BTMD balance sheet.
Cons:
- There are more long-term liabilities than short-term assets on the BTMD balance sheet.
- BTMD debt to equity ratio of -6.53 is negative.
- BTMD earnings of $12.36M is not enough to cover its interest payments.
- Total BTMD debt is still negative.
Is it a good time to buy BTMD stock, according to analysts?
Out of 4 sell side analysts who research BTMD, the consensus analyst rating on Biote is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Biote stock forecast page.
BTMD Technical Indicators
BTMD Earnings
Last year, BTMD earnings were $3.32M. In the last four year, BTMD's earnings have gone up by -72.19% per year. This was slower than the Medical Care Facilities industry average of 18.81%.
Last year, BTMD revenue was $185.36M. In the last 4 year, BTMD's revenue has grown by 13.94% per year. This was faster than the Medical Care Facilities industry average of 7.68%.
Learn more about BTMD's earnings and revenue performance here.
Latest Insiders Trades at BTMD
Over the past 12 months, executives and large shareholders at BTMD have sold more shares than they have bought.
Mary Elizabeth Conlon, General Counsel of BTMD, was the latest BTMD insider to sell. They sold $40,572.48 worth of BTMD shares on Jul 5, 2023.
Learn more about who owns BTMD shares here.
Can I rely on BTMD as an income stream?
No, Biote doesn't provide an income stream by paying out dividends.
BTMD Social Trading Data
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 community members have to say.
Step 5: Make your BTMD purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and your broker will execute the order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in BTMD
Now that you own some BTMD stock, you'll want to keep up with your new investment.
Add BTMD to a watchlist to monitor your BTMD stock.
BTMD Feed
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How to Buy Stock in Biote
To reiterate, here are the 6 steps you need to take to buy Biote stock right now:
- Choose where to buy Biote stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Biote stock
- Make your BTMD purchase
- Get the latest news on your investment in BTMD
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Biote, click below.
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