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How to Buy Eli Lilly & Co Stock

Eli Lilly & Co

Eli Lilly & Co is a general drug manufacturer company located in Indiana, United States, which is part of the Healthcare sector, and is traded under the ticker LLY on the NYSE exchange.

Eli Lilly & Co stock last closed at $331.08, down 0.76% from the previous day, and has increased 14.31% in one year. It has overperformed other stocks in the Drug Manufacturers - General industry by 0.11 percentage points. Eli Lilly & Co stock is currently +19.6% from its 52-week low of $276.83, and -13.88% from its 52-week high of $384.44.

At the moment, there are 950.3M shares of LLY outstanding. The market cap of LLY is $314.62B. In the past 24 hours, 3.24M LLY shares were traded.

How to Buy Eli Lilly & Co Stock

Wondering how to invest in Eli Lilly & Co stock? Here's how.
  1. Figure out where to buy Eli Lilly & Co stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Eli Lilly & Co stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Choose your payment method and add your info.
  4. Evaluate Eli Lilly & Co stock: The Eli Lilly & Co ticker symbol is LLY. Is Eli Lilly & Co stock a good investment? Should you buy shares of LLY? How do LLY's underlying business fundamentals look? Do top analysts think Eli Lilly & Co is a good buy? Why has LLY's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if LLY is a good stock to buy).
  5. Make your LLY buy order: Decide if you will purchase LLY shares at the current market price or use a limit order to buy LLY stock at a given price.
  6. Keep tabs on your LLY investment: Create a watchlist to get live updates on your investment in Eli Lilly & Co stock.

Step 1: Figure out where to buy Eli Lilly & Co stock

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

A brokerage account 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: Sign up for your brokerage account

Now that you've selected the right brokerage, you need to fill out some personal info so you can invest in LLY today.

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  2. Enter your personal details to create your new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on the best app for stock investing, you need to deposit funds:

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Step 4: Evaluate Eli Lilly & Co stock

After you have identified the best place to buy Eli Lilly & Co stock, it's important to research their stock before you invest, so you can wrap your head around the risk and opportunity.

Eli Lilly & Co Metrics

LLY Price
$331.08
1w %
1.23%
1y %
14.31%
5y %
323.16%
P/E
47.77x
P/B
29.54x
P/S
10.46x
PEG
1.39x
Revenue
$28.54B
Earnings
$6.24B
Fore. Rev. Growth
12.7%
Fore. Earn. Growth
34.27%
Market Cap
$314.62B
Next Earnings
Apr 27, 2023
Next Dividend
N/A

Fundamentals of LLY

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

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

Is LLY stock properly valued?

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

Using relative valuations ratios:

  • LLY could be overvalued based on its P/E ratio of 47.77x, relative to Drug Manufacturers - General industry P/E ratio of 26.52x
  • LLY may be overvalued based on its P/B ratio of 29.54x, relative to Drug Manufacturers - General industry P/B ratio of 4.86x
  • LLY could be overvalued based on its PEG ratio of 1.39x

You can do additional valuation analysis on LLY's stock here.

LLY Financial Health Overview

Positive Financial Indicators:

  • LLY earnings of $6.81B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the LLY balance sheet.
  • LLY's operating cash flow of $7.08B allows it to safely service it's debt of $16.24B.
  • LLY profit margin has gone up from 19.7% to 21.9% in the past year.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the LLY balance sheet.
  • Total LLY debt is higher than 5 years ago, relative to shareholder equity.
  • LLY has a relatively high debt to equity ratio of 3.64.

Do Wall Street analysts think it's a good time to buy LLY stock

Out of 19 Equities analysts who give recommendations on LLY, the consensus analyst rating on LLY is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent LLY Analyst Upgrades/Downgrades

Mohit Bansal, a top 13% analyst from Wells Fargo upgrades LLY to a strong buy rating and raises their LLY price target from $360.00 to $375.00, on Mar 13, 2023.

Akash Tewari, a top 22% analyst from Jefferies initiates coverage on LLY with a hold rating and announces their LLY price target of $290.00, on Mar 6, 2023.

Andrew Baum, a top 29% analyst from Citigroup maintains LLY with a strong buy rating and lowers their LLY price target from $370.00 to $360.00, on Mar 3, 2023.

Terence Flynn, a top 21% analyst from Morgan Stanley maintains LLY with a strong buy rating and lowers their LLY price target from $455.00 to $444.00, on Mar 1, 2023.

Florent Cespedes, a bottom 47% analyst from Societe Generale downgrades LLY to a strong sell rating and announces their LLY price target of $278.00, on Feb 16, 2023.

You can dive deeper into what analysts are forecasting on the Eli Lilly & Co stock forecast page.

LLY Momentum

SMA10
324.88
SMA20
321.61
SMA50
335.36
SMA100
349.07
SMA200
333.26
MACD
-1.23
MACD Signal
-4.03
MACD Histogram
2.8
RSI
53.76
Stochastic %K
85.76
Stochastic %D
86.32
StochRSI %K
95.5
StochRSI %D
98.16

Is LLY Making Money?

Last year, LLY earnings were $6.24B. Over the past four year, LLY's earnings have grown by 21.89% per year. This was slower than the Drug Manufacturers - General industry average of 25.66%.

Last year, LLY revenue was $28.54B. During the past five year, LLY's revenue has gone up by 7.4% per year. This was slower than the Drug Manufacturers - General industry average of 8.34%.

Dig into LLY's earnings and revenue performance here.

Who is buying/selling LLY?

In the last 12 months, executives and large shareholders at LLY have sold more shares than they have bought.

Alonzo Weems, EVP ERM CECO of LLY, was the latest LLY insider to sell. They sold $318,850.00 worth of LLY stock on Mar 10, 2023.

Research more about who owns LLY stock here.

Can I rely on LLY as an income stream?

Eli Lilly & Co pays a dividend of 1.23%, compared to the Drug Manufacturers - General industry's average dividend yield of 3.18%. If you owned $1,000 of LLY stock, you would have been paid $12.29 in the past 12 months.

Eli Lilly & Co dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Eli Lilly & Co dividend yield and history here.

What others are saying about LLY

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Step 5: Make your LLY buy order

You have 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 sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open Trade button and eToro will execute your order.

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Step 6: Keep tabs on your LLY investment

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

Create a watchlist to see the latest developments about your LLY stock.

LLY Feed

How to Buy Stock in Eli Lilly & Co

To reiterate, here are the 6 steps you need to take to buy Eli Lilly & Co stock right now:

  1. Figure out where to buy Eli Lilly & Co stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Eli Lilly & Co stock
  5. Make your LLY buy order
  6. Keep tabs on your LLY investment

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

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If you would like to get updates on your investment in Eli Lilly & Co, add LLY to your watchlist by clicking the button below.

NYSE: LLY
$331.08-2.52 (-0.76%)
Updated Mar 21, 2023
Open eToro Account
NYSE: LLY
$331.08-2.52 (-0.76%)
Updated Mar 21, 2023
Open eToro Account

FAQ

How much does it cost to buy one Eli Lilly & Co share?

As of Mar 21, 2023, it costs $331.08 to buy one share of Eli Lilly & Co 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 0.302 shares of LLY.

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Is now a good time to buy Eli Lilly & Co stock?

According to 19 Wall Street analysts who monitor Eli Lilly & Co, their consensus recommendation is to buy Eli Lilly & Co stock.

What is the best way to buy Eli Lilly & Co stock?

One way to place an order for Eli Lilly & Co 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.