How to Buy Fulgent Genetics Stock
Fulgent Genetics Inc
Fulgent Genetics, Inc. , together with its subsidiaries, provides COVID-19, molecular diagnostic, and genetic testing services to physicians and patients in the United States and internationally.
Fulgent Genetics stock last closed at $20.74, up 0.48% from the previous day, and has decreased 30.89% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.26 percentage points. Fulgent Genetics stock is currently +4.33% from its 52-week low of $19.88, and -52.96% from its 52-week high of $44.09.
There are currently 29.78M shares of FLGT outstanding. The market value of FLGT is $617.74M. In the past 24 hours, 149,174 FLGT shares were traded.
How to Buy Fulgent Genetics Stock
Not sure how to invest in Fulgent Genetics stock? Here's how.
- Decide where to buy Fulgent Genetics stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Fulgent Genetics stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your payment method and add your info.
- Analyze Fulgent Genetics stock: The Fulgent Genetics ticker symbol is FLGT. Is Fulgent Genetics stock a good investment? Should you buy shares of FLGT? How do FLGT's underlying business fundamentals look? Do top analysts think Fulgent Genetics is a good buy? Why has FLGT's stock price moved recently? (Hint: Our stock market research website can help you evaluate if FLGT is a good stock to buy).
- Place your FLGT trade: Decide if you will purchase FLGT shares at the current market price or use a limit order to purchase FLGT shares at a given price.
- Get the latest news on your investment in FLGT: Create a watchlist to keep track of your position in Fulgent Genetics shares.
Step 1: Decide where to buy Fulgent Genetics stock
You will need a brokerage account in order to access the NASDAQ market and buy FLGT stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with 0% commissions: Invest without 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 markets: From Tech to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to buy FLGT stock today.
How to Start 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 data to start a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on stock market apps, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing money into your brokerage account.
Step 4: Analyze Fulgent Genetics stock
Once you have figured out the best place to buy Fulgent Genetics stock, it's critical to evaluate their stock prior to buying, so you actually comprehend the risk as well as the opportunity.
Fulgent Genetics Metrics
FLGT Fundamentals
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on FLGT's stock page.
Is FLGT stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge FLGT's fair value.
Using relative valuations metrics:
- FLGT may be undervalued based on its P/B ratio of 0.54x, relative to Diagnostics & Research industry P/B ratio of 4.22x
You can do additional valuation research on FLGT's stock here.
A quick look at FLGT Financials
Positive Financial Indicators:
- FLGT has a low debt to equity ratio of 0.09.
- FLGT's operating cash flow of $27.00M allows it to safely service it's debt of $1.18M.
- There are more short-term assets than short-term liabilities on the FLGT balance sheet.
- There are more short-term assets than long-term liabilities on the FLGT balance sheet.
Negative Financial Indicators:
- Total FLGT debt is higher than 5 years ago, relative to shareholder equity.
- FLGT earnings of -$166.67M is not sufficient to cover its interest payments.
- FLGT profit margin has gone down from 23.2% to -58% in the past year.
Is it a good time to buy FLGT stock, according to analysts?
Out of 2 Wall Street analysts who give forecasts on FLGT, the consensus analyst rating on FLGT is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Fulgent Genetics stock forecast page.
Metrics for Advanced FLGT Traders
FLGT Growth Numbers
Last year, FLGT revenue was $289.21M. Over the past five year, FLGT's revenue has gone up by 68.41% per year. This was faster than the Diagnostics & Research industry average of 12.4%.
Learn more about FLGT's earnings and revenue performance here.
Latest Insiders Trades at FLGT
Over the last 12 months, executives and large shareholders at FLGT have sold more shares than they have bought.
Hanlin Gao, Chief Scientific Officer of FLGT, was the latest FLGT insider to sell. They sold $6,228.32 worth of FLGT stock on Mar 1, 2024.
Learn more about who owns FLGT shares here.
Can I rely on FLGT as an income stream?
No, Fulgent Genetics doesn't provide an income stream by paying out dividends.
What others are saying about FLGT
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your FLGT trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order 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 given price, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in FLGT
Now that you own some FLGT shares, you'll want to keep up with your new investment.
Put FLGT on a watchlist to keep track of your FLGT stock.
FLGT Feed
How to Buy Stock in Fulgent Genetics
To summarize, here are the 6 steps to buy stock in Fulgent Genetics:
- Decide where to buy Fulgent Genetics stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Fulgent Genetics stock
- Place your FLGT trade
- Get the latest news on your investment in FLGT
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Fulgent Genetics, add FLGT to your watchlist by clicking the button below.
More Articles You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.