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 $53.25, up 1.33% from the previous day, and has decreased 21.77% in one year. It has underperformed other stocks in the Drug Manufacturers - General industry by 0.48 percentage points. Bristol Myers Squibb Co stock is currently +11.92% from its 52-week low of $47.58, and -25.07% from its 52-week high of $71.07.
As of Mar 27, 2024, there are 2.02B BMY shares outstanding. The market value of BMY is $107.68B. In the last 24 hours, 12.21M 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.
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.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Put funds into your brokerage account: Select your payment method and add your details.
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).
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.
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.
Our favorite brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
You can invest in stocks with 0% commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
Access to global financial markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
Social investing: eToro boasts a community with 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 cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
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: 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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Bristol Myers Squibb Co stock
Once you have decided on the best place to buy Bristol Myers Squibb Co stock, it's crucial to evaluate their stock prior to investing, so you can understand the risk as well as the upside.
Bristol Myers Squibb Co Metrics
BMY Price
$53.25
1w %
2.64%
1y %
-21.77%
5y %
10.98%
P/E
13.72x
P/B
3.66x
P/S
2.39x
PEG
0.43x
Revenue
$45.01B
Earnings
$8.03B
Fore. Rev. Growth
-0.07%
Fore. Earn. Growth
31.73%
Market Cap
$107.68B
Next Earnings
Apr 25, 2024
Next Dividend
May 1, 2024
Bristol Myers Squibb Co Due Diligence Checks
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on BMY's stock page.
Is BMY stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge BMY's fair value.
Using relative valuations ratios:
BMY may be undervalued based on its P/E ratio of 13.72x, relative to Drug Manufacturers - General industry P/E ratio of 160.12x
BMY may be undervalued based on its P/B ratio of 3.66x, relative to Drug Manufacturers - General industry P/B ratio of 6.14x
BMY may be undervalued based on its PEG ratio of 0.43x
BMY earnings of $8.43B is not enough to cover its interest payments.
BMY profit margin has gone up from 13.7% to 17.8% in the past year.
BMY's operating cash flow of $13.86B allows it to safely service it's debt of $39.77B.
There are more short-term assets than short-term liabilities on the BMY balance sheet.
Negative Financial Indicators:
Total BMY debt is higher than 5 years ago, relative to shareholder equity.
BMY has a relatively high debt to equity ratio of 2.23.
There are more long-term liabilities than short-term assets on the BMY balance sheet.
Is BMY stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 13 Equities analysts who monitor BMY, the consensus analyst rating on BMY is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest BMY Analyst Forecasts
Narumi Nakagiri, a bottom 45% analyst from Daiwa Capital downgrades BMY to a hold rating and lowers their BMY price target from $68.00 to $54.00, on Nov 2, 2023.
Chris Shibutani, a top 22% analyst from Goldman Sachs maintains BMY with a strong buy rating and lowers their BMY price target from $81.00 to $69.00, on Oct 30, 2023.
Terence Flynn, a top 8% analyst from Morgan Stanley maintains BMY with a strong sell rating and lowers their BMY price target from $56.00 to $50.00, on Oct 27, 2023.
Carter Gould, a top 18% analyst from Barclays maintains BMY with a hold rating and lowers their BMY price target from $60.00 to $51.00, on Oct 27, 2023.
Evan Seigerman, a bottom 13% analyst from BMO Capital downgrades BMY to a hold rating and announces their BMY price target of $60.00, on Oct 27, 2023.
Last year, BMY earnings were $8.03B. Over the last 5 year, BMY's earnings have grown by 5.21% per year. This was faster than the Drug Manufacturers - General industry average of 0.79%.
Last year, BMY revenue was $45.01B. Over the past five year, BMY's revenue has grown by 14.81% per year. This was faster than the Drug Manufacturers - General industry average of 7.04%.
Bristol Myers Squibb Co pays a dividend of 4.34%, compared to the Drug Manufacturers - General industry's average dividend yield of 3.19%. If you owned $1,000 worth of BMY stock, you would have received $43.38 in the past 12 months.
Bristol Myers Squibb Co dividend payments have consistently grown over the past decade and have remained stable.
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your BMY trade
You have two main options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are mostly the easiest way to buy.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want additional info about investing in stocks on eToro, click the helpful video below:
How much does it cost to buy one Bristol Myers Squibb Co share?
As of Mar 27, 2024, it costs $53.25 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 0.188 shares of BMY.
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.