How to Buy Glaukos Stock
Glaukos Corp
Glaukos is a medical device company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker GKOS on the NYSE exchange.
Glaukos stock last closed at $130.98, up 3.3% from the previous day, and has increased 89.14% in one year. It has overperformed other stocks in the Medical Devices industry by 0.85 percentage points. Glaukos stock is currently +121.18% from its 52-week low of $59.22, and -4.12% from its 52-week high of $136.61.
There are currently 54.95M GKOS shares outstanding. The market value of GKOS is $7.20B. In the last 24 hours, 386,703 GKOS shares were traded.
How to Buy Glaukos Stock
Not sure how to invest in Glaukos stock? Here's how.
- Decide where to buy Glaukos stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Glaukos stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Evaluate Glaukos stock: The Glaukos ticker symbol is GKOS. Is Glaukos stock a good investment? Should you buy shares of GKOS? How do GKOS's underlying business fundamentals look? Do top analysts think Glaukos is a good buy? Why has GKOS's stock price moved recently? (Hint: Our stock research website can help you evaluate if GKOS is a good stock to buy).
- Make your GKOS purchase: Decide if you will purchase GKOS shares at the current market price or use a limit order to purchase GKOS stock at a particular price.
- Get updates on your GKOS position: Create a watchlist to watch your position in Glaukos shares.
Step 1: Decide where to buy Glaukos stock
You will need an online brokerage account in order to access the NYSE market and buy GKOS stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to invest in GKOS today.
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- 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 details to create a new trading account.
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Step 3: Deposit funds into your investment account
Now that you have filled out your info on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your investment account.
Step 4: Evaluate Glaukos stock
After you have decided on the best place to buy Glaukos stock, it's critical to research their stock prior to investing, so you actually understand the risk and opportunity.
Overview of key GKOS info
Fundamentals of GKOS
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on GKOS's stock page.
Is GKOS stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GKOS's intrinsic value.
Using relative valuations ratios:
- GKOS may be overvalued based on its P/B ratio of 10.82x, relative to Medical Devices industry P/B ratio of 4.02x
You can access more valuation analysis on GKOS's stock here.
GKOS Financial Health Summary
Passed Health Checks:
- GKOS has a low debt to equity ratio of 0.38.
- There are more short-term assets than short-term liabilities on the GKOS balance sheet.
- Total GKOS debt is lower than 5 years ago, relative to shareholder equity.
- GKOS has $266.40M in cash and short term investments. This is sufficient to cover its annual cash burn of $81.73M.
- GKOS has cash burn of 81725000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the GKOS balance sheet.
Failed Health Checks:
- GKOS profit margin has gone down from -42.6% to -46.4% in the past year.
Is it a good time to buy GKOS stock, according to Wall Street analysts?
Out of 12 Equities analysts who give forecasts on GKOS, the consensus analyst rating on Glaukos is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent GKOS Analyst Recommendations
David Saxon, a top 36% analyst from Needham maintains GKOS with a buy rating and raises their GKOS price target from $131.00 to $137.00, on Aug 1, 2024.
Samuel Brodovsky, a top 26% analyst from Truist Securities maintains GKOS with a strong buy rating and raises their GKOS price target from $125.00 to $141.00, on Jul 16, 2024.
Patrick Wood, a top 20% analyst from Morgan Stanley maintains GKOS with a hold rating and raises their GKOS price target from $100.00 to $120.00, on Jul 15, 2024.
Joanne Wuensch, a top 7% analyst from Citigroup downgrades GKOS to a hold rating and raises their GKOS price target from $130.00 to $132.00, on Jul 10, 2024.
Michael Sarcone, a bottom 21% analyst from Jefferies upgrades GKOS to a strong buy rating and raises their GKOS price target from $84.00 to $125.00, on May 6, 2024.
You can dig deeper into what analysts are saying on the Glaukos stock forecast page.
GKOS Trading Indicators
How is GKOS performing as a company?
Last year, GKOS revenue was $341.73M. During the past 5 year, GKOS's revenue has gone up by 10.16% per year. This was slower than the Medical Devices industry average of 11.09%.
You can research GKOS's earnings and revenue performance here.
Who is buying/selling GKOS?
In the past 12 months, insiders at GKOS have sold more shares than they have bought.
Gilbert H. Kliman, Director of GKOS, was the latest GKOS insider to sell. They sold $130,000.00 worth of GKOS shares on Sep 9, 2024.
Learn more about who owns GKOS stock here.
Can I rely on GKOS as an income stream?
No, Glaukos doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your GKOS purchase
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 mostly sufficient. - Limit order: A limit order lets you buy or sell a security 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 button and your broker will place your order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Get updates on your GKOS position
Now that you own some GKOS shares, you'll want to keep up with your stock purchase.
Start a watchlist to keep tabs on your GKOS stock.
GKOS Feed
How to Buy Stock in Glaukos
To reiterate, here are the 6 steps you need to take to buy Glaukos stock right now:
- Decide where to buy Glaukos stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Glaukos stock
- Make your GKOS purchase
- Get updates on your GKOS position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Glaukos, add GKOS to your watchlist by clicking the button below.
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