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NYSE: BMY

How to Buy Bristol Myers Squibb Co Stock

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Bristol Myers Squibb Co

Bristol Myers Squibb Co is a general drug manufacturer company located in New York, United States, which is part of the Healthcare sector, and is traded under the ticker BMY on the NYSE exchange.

Bristol Myers Squibb Co stock last closed at $80.28, up 1.58% from the previous day, and has increased 49.69% in one year. It has overperformed other stocks in the Drug Manufacturers - General industry by 0.24 percentage points. Bristol Myers Squibb Co stock is currently +46.84% from its 52-week low of $54.67, and -1.1% from its 52-week high of $81.17.

As of Nov 30, 2022, there are 2.13B BMY shares outstanding. The market value of BMY is $170.69B. In the last 24 hours, 19.26M BMY shares were traded.

How to Buy Bristol Myers Squibb Co Stock

Not sure how to invest in Bristol Myers Squibb Co stock? Here's how.
  1. Decide where to buy Bristol Myers Squibb Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Bristol Myers Squibb Co stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found. It's the best place to buy BMY stock.
  3. Put funds into your brokerage account: Select your payment method and add your details.
  4. Evaluate Bristol Myers Squibb Co stock: The Bristol Myers Squibb Co ticker symbol is BMY. Is Bristol Myers Squibb Co stock a good investment? Should you buy shares of BMY? How do BMY's underlying business fundamentals look? Do top analysts think Bristol Myers Squibb Co is a good buy? Why has BMY's stock price moved recently? (Hint: Our stock research tools can help you decide if BMY is a good stock to buy).
  5. Execute your BMY trade: Decide if you will purchase BMY shares at the current market price or use a limit order to purchase BMY shares at a specific price.
  6. Keep tabs on your investment in BMY: Create a watchlist to the latest updates on your position in Bristol Myers Squibb Co stock.

Step 1: Decide where to buy Bristol Myers Squibb Co stock

You will need an online brokerage account in order to access the NYSE market and buy BMY stock.

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

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to invest in BMY stock today.

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  2. Input your personal info to open a new trading account.
  1. Submit your data by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

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Step 4: Evaluate Bristol Myers Squibb Co stock

It's critical to evaluate stocks prior to investing, so you can wrap your head around the risk as well as the upside.

Overview of key BMY info

BMY Price
$80.28
1w %
1.44%
1y %
49.69%
5y %
27.05%
P/E
25.98x
P/B
5.22x
P/S
3.65x
PEG
0.67x
Revenue
$46.74B
Earnings
$6.68B
Fore. Rev. Growth
1.42%
Fore. Earn. Growth
38.94%
Market Cap
$170.69B
Next Earnings
N/A
Next Dividend
N/A

BMY Zen Score

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on BMY's stock page.

How is BMY stock valued?

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

Using relative valuations ratios:

  • BMY could be undervalued based on its P/E ratio of 25.98x, relative to Drug Manufacturers - General industry P/E ratio of 31.79x
  • BMY could be undervalued based on its P/B ratio of 5.22x, relative to Drug Manufacturers - General industry P/B ratio of 5.57x
  • BMY may be undervalued based on its PEG ratio of 0.67x

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

BMY Financial Health Overview

Positive Financial Indicators:

  • BMY's operating cash flow of $13.82B allows it to safely service it's debt of $39.10B.
  • There are more short-term assets than short-term liabilities on the BMY balance sheet.
  • BMY profit margin has gone up from -11.9% to 14.3% in the past year.
  • BMY earnings of $7.70B is not enough to cover its interest payments.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the BMY balance sheet.
  • BMY has a relatively high debt to equity ratio of 2.
  • Total BMY debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy BMY stock, according to Wall Street analysts?

Out of 12 Equities analysts who give forecasts on BMY, the consensus analyst rating on BMY is a Buy

Should I buy or sell BMY stock?

Based on 12 analysts offering ratings for Bristol Myers Squibb Co.
Buy
Strong Buy
3 analysts 25%
Buy
1 analysts 8.33%
Hold
7 analysts 58.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 8.33%

Most Recent BMY Analyst Recommendations

Trung Huynh, a bottom 30% analyst from Credit Suisse initiates coverage on BMY with a hold rating and announces their BMY price target of $78.00, on Nov 18, 2022.

Steve Chesney, a top 24% analyst from Atlantic Equities maintains BMY with a strong buy rating and raises their BMY price target from $85.00 to $88.00, on Nov 10, 2022.

Terence Flynn, a top 13% analyst from Morgan Stanley maintains BMY with a strong sell rating and lowers their BMY price target from $61.00 to $60.00, on Oct 27, 2022.

Carter Gould, a bottom 12% analyst from Barclays maintains BMY with a hold rating and lowers their BMY price target from $69.00 to $66.00, on Oct 12, 2022.

Seamus Fernandez, a bottom 11% analyst from Guggenheim downgrades BMY to a hold rating, on Oct 10, 2022.

You can dive deeper into what analysts are saying on the Bristol Myers Squibb Co stock forecast page.

BMY Technicals

SMA10
78.54
SMA20
78.35
SMA50
74.39
SMA100
73.4
SMA200
73.74
MACD
1.35
MACD Signal
1.36
MACD Histogram
-0.01
RSI
68.66
Stochastic %K
76.42
Stochastic %D
71.84
StochRSI %K
58.07
StochRSI %D
51.77

How are BMY Revenues/Earnings doing?

Last year, BMY earnings were $6.68B. Over the last five year, BMY's earnings have increased by 3.75% per year. This was slower than the Drug Manufacturers - General industry average of 14.4%.

Last year, BMY revenue was $46.74B. During the past 5 year, BMY's revenue has gone up by 17.84% per year. This was faster than the Drug Manufacturers - General industry average of 8.17%.

Dig into BMY's earnings and revenue performance here.

What are BMY executives and large shareholders up to?

Over the past 12 months, insiders at BMY have sold more shares than they have bought.

Ann Powell, EVP Chief Human Resources of BMY, was the latest BMY insider to sell. They sold $1,307,312.50 worth of BMY stock on Nov 9, 2022.

Research more about who owns BMY shares here.

Does BMY provide a stable income stream?

Bristol Myers Squibb Co pays a dividend of 2.69%, compared to the Drug Manufacturers - General industry's average dividend yield of 3.03%. If you owned $1,000 of BMY stock, you would have received $26.91 last year.

Bristol Myers Squibb Co dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Bristol Myers Squibb Co dividend yield and history here.

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Step 5: Execute your BMY trade

There are two primary types of orders:

  • 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 security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.

Click the Open button and your broker will place the order.

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Step 6: Keep tabs on your investment in BMY

Now that you own some BMY shares, you'll want to stay up-to-date on your new investment.

Start a watchlist to get notified of important updates regarding your BMY stock.

BMY Feed

How to Buy Stock in Bristol Myers Squibb Co

To summarize, here are the 6 steps to buy Bristol Myers Squibb Co stock:

  1. Decide where to buy Bristol Myers Squibb Co stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Bristol Myers Squibb Co stock
  5. Execute your BMY trade
  6. Keep tabs on your investment in BMY

If you are looking for a brokerage, eToro is our recommended venue.

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If you want to get updates on your investment in Bristol Myers Squibb Co, click the button below.

NYSE: BMY
$80.28+1.25 (+1.58%)
Updated Nov 30, 2022
Open eToro Account
NYSE: BMY
$80.28+1.25 (+1.58%)
Updated Nov 30, 2022
Open eToro Account

FAQ

How much does it cost to buy one Bristol Myers Squibb Co share?

As of Nov 30, 2022, it costs $80.28 to buy one share of Bristol Myers Squibb Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.125 shares of BMY.

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Is now a good time to buy Bristol Myers Squibb Co stock?

According to 12 Wall Street analysts who monitor Bristol Myers Squibb Co, their consensus recommendation is to buy Bristol Myers Squibb Co stock.

What is the best way to buy Bristol Myers Squibb Co stock?

The best way to buy Bristol Myers Squibb Co stock is within a brokerage account on eToro.
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.