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How to Buy Catalyst Pharmaceuticals Stock

Catalyst Pharmaceuticals Inc

Catalyst Pharmaceuticals, Inc. , a commercial-stage biopharmaceutical company, focuses on developing and commercializing therapies for people with rare debilitating, chronic neuromuscular, and neurological diseases in the United States.

Catalyst Pharmaceuticals stock last closed at $14.89, up 1.43% from the previous day, and has decreased 7.05% in one year. It has overperformed other stocks in the Biotechnology industry by 0.15 percentage points. Catalyst Pharmaceuticals stock is currently +34.27% from its 52-week low of $11.09, and -16.18% from its 52-week high of $17.77.

As of Apr 26, 2024, there are 117.86M shares of CPRX outstanding. The market value of CPRX is $1.75B. In the last 24 hours, 772,160 CPRX shares were traded.

How to Buy Catalyst Pharmaceuticals Stock

Not sure how to invest in Catalyst Pharmaceuticals stock? Here's how.
  1. Decide where to buy Catalyst Pharmaceuticals stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Catalyst Pharmaceuticals stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Research Catalyst Pharmaceuticals stock: The Catalyst Pharmaceuticals ticker symbol is CPRX. Is Catalyst Pharmaceuticals stock a good investment? Should you buy shares of CPRX? How do CPRX's underlying business fundamentals look? Do top analysts think Catalyst Pharmaceuticals is a good buy? Why has CPRX's stock price moved recently? (Hint: Our stock research website can help you evaluate if CPRX is a good stock to buy).
  5. Execute your CPRX buy order: Decide if you will purchase CPRX shares at the current market price or use a limit order to purchase CPRX shares at a given price.
  6. Keep tabs on your investment in CPRX: Create a watchlist to important notifications about your position in Catalyst Pharmaceuticals shares.

Step 1: Decide where to buy Catalyst Pharmaceuticals stock

You need an online brokerage account to access the NASDAQ market and buy CPRX shares.

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

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to buy CPRX stock today.

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Step 3: Deposit money your investment account

Now that you've opened your account on a investment app, you can securely and quickly fund your account:

Watch the video below if you need help depositing money into your new brokerage account.

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Step 4: Research Catalyst Pharmaceuticals stock

After you have identified the best place to buy Catalyst Pharmaceuticals stock, it's crucial to evaluate their stock before you invest, so you can understand the risk and upside.

Catalyst Pharmaceuticals stock at a glance

CPRX Price
$14.89
1w %
-1.59%
1y %
-7.05%
5y %
160.77%
P/E
22.22x
P/B
4.52x
P/S
3.97x
PEG
1.35x
Revenue
$398.20M
Earnings
$71.41M
Fore. Rev. Growth
16.34%
Fore. Earn. Growth
16.52%
Market Cap
$1.75B
Next Earnings
May 30, 2024
Next Dividend
N/A

CPRX Zen Score

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

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

How is CPRX stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge CPRX's fair value.

Using relative valuations metrics:

  • CPRX may be overvalued based on its P/E ratio of 22.22x, relative to Biotechnology industry P/E ratio of 14.88x
  • CPRX could be undervalued based on its P/B ratio of 4.52x, relative to Biotechnology industry P/B ratio of 5.85x
  • CPRX could be overvalued based on its PEG ratio of 1.35x

You can do additional valuation research on CPRX's stock here.

CPRX Financial Summary

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the CPRX balance sheet.
  • There are more short-term assets than long-term liabilities on the CPRX balance sheet.
  • CPRX earnings of $94.51M is not sufficient to cover its interest payments.
  • CPRX's operating cash flow of $143.60M allows it to safely service it's debt of $3.19M.
  • CPRX has a low debt to equity ratio of 0.21.

Negative Financial Indicators:

  • CPRX profit margin has gone down from 38.8% to 17.9% in the past year.
  • Total CPRX debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy CPRX stock

Out of 5 sell side analysts who research CPRX, the consensus analyst rating on Catalyst Pharmaceuticals is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Catalyst Pharmaceuticals stock forecast page.

CPRX Momentum

SMA10
15.19
SMA20
15.35
SMA50
15.5
SMA100
15.12
SMA200
14.21
MACD
-0.2
MACD Signal
-0.11
MACD Histogram
-0.09
RSI
44.08
Stochastic %K
16.56
Stochastic %D
13.29
StochRSI %K
23.2
StochRSI %D
17.11

Is CPRX Making Money?

Last year, CPRX earnings were $71.41M. During the last 4 year, CPRX's earnings have grown by 21.25% per year. This was faster than the Biotechnology industry average of 17.13%.

Last year, CPRX revenue was $398.20M. In the last 5 year, CPRX's revenue has gone up by 280.39% per year. This was faster than the Biotechnology industry average of 28.56%.

Dig into CPRX's earnings and revenue performance here.

Who is buying/selling CPRX?

In the last year, insiders at CPRX have bought more shares than they have sold.

David S. Tierney, Director of CPRX, was the latest CPRX insider to sell. They sold $392,000.00 worth of CPRX stock on Apr 8, 2024.

Get more info about who owns CPRX shares here.

Does CPRX provide a stable income stream?

No, Catalyst Pharmaceuticals doesn't provide an income stream by paying out dividends.

CPRX Social Trading Data

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

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Step 5: Execute your CPRX buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine.
  • 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 given price, use a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Keep tabs on your investment in CPRX

Now that you own some shares in CPRX, you'll want to stay up-to-date on your company.

Put CPRX on a watchlist to get the latest updates about your CPRX stock.

CPRX Feed

How to Buy Stock in Catalyst Pharmaceuticals

To reiterate, here are the 6 steps to buy Catalyst Pharmaceuticals stock:

  1. Decide where to buy Catalyst Pharmaceuticals stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Research Catalyst Pharmaceuticals stock
  5. Execute your CPRX buy order
  6. Keep tabs on your investment in CPRX

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

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If you want to get the latest scoop on your investment in Catalyst Pharmaceuticals, get started below.

NASDAQ: CPRX
$14.89+0.21 (+1.43%)
Updated Apr 26, 2024
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NASDAQ: CPRX
$14.89+0.21 (+1.43%)
Updated Apr 26, 2024
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FAQ

How much does it cost to buy one Catalyst Pharmaceuticals share?

As of Apr 26, 2024, it costs $14.89 to buy one share of Catalyst Pharmaceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.47 shares of CPRX.

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 Catalyst Pharmaceuticals stock?

According to 5 Wall Street analysts who monitor Catalyst Pharmaceuticals, their consensus recommendation is to buy Catalyst Pharmaceuticals stock.

What is the best way to buy Catalyst Pharmaceuticals stock?

One way to place an order for Catalyst Pharmaceuticals 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.