How to Buy Globalfoundries Stock
Globalfoundries Inc
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive.
Globalfoundries stock last closed at $46.37, up 0.24% from the previous day, and has decreased 23.96% in one year. It has underperformed other stocks in the Semiconductors industry by 0.48 percentage points. Globalfoundries stock is currently +1.87% from its 52-week low of $45.52, and -32.38% from its 52-week high of $68.57.
As of Apr 22, 2024, there are 553M GFS shares outstanding. The market value of GFS is $25.64B. In the last 24 hours, 1.28M GFS shares were traded.
How to Buy Globalfoundries Stock
Not sure how to invest in Globalfoundries stock? Here's how.
- Decide where to buy Globalfoundries stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Globalfoundries stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your information.
- Evaluate Globalfoundries stock: The Globalfoundries ticker symbol is GFS. Is Globalfoundries stock a good investment? Should you buy shares of GFS? How do GFS's underlying business fundamentals look? Do top analysts think Globalfoundries is a good buy? Why has GFS's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if GFS is a good stock to buy).
- Make your GFS trade: Decide if you will purchase GFS shares at the current market price or use a limit order to buy GFS stock at a particular price.
- Monitor your GFS investment: Create a watchlist to keep track of your new investment in Globalfoundries stock.
Step 1: Decide where to buy Globalfoundries stock
You will need an online brokerage account to access the NASDAQ market and buy GFS shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in GFS stock today.
How to Set Up a New Investment 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 info to start your new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on apps for stock market, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Globalfoundries stock
Once you have figured out the best place to buy Globalfoundries stock, it's critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Globalfoundries Metrics
GFS Overview
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on GFS's stock page.
Is GFS stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GFS's fair value.
Using relative valuations methods:
- GFS could be undervalued based on its P/E ratio of 25.06x, relative to Semiconductors industry P/E ratio of 56.41x
- GFS may be undervalued based on its P/B ratio of 2.31x, relative to Semiconductors industry P/B ratio of 7.36x
- GFS could be undervalued based on its PEG ratio of 0.49x
You can access more valuation analysis on GFS's stock here.
GFS Financial Summary
Pros:
- GFS earnings of $1.07B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the GFS balance sheet.
- GFS's operating cash flow of $2.13B allows it to safely service it's debt of $2.37B.
- There are more short-term assets than short-term liabilities on the GFS balance sheet.
Cons:
- GFS profit margin has gone down from 17.9% to 13.8% in the past year.
- GFS has a relatively high debt to equity ratio of 0.63.
Do analysts think it's a good time to buy Globalfoundries stock
Out of 7 sell side analysts who give recommendations on GFS, the consensus analyst rating on Globalfoundries is a Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest GFS Analyst Forecasts
Mehdi Hosseini, a top 19% analyst from Susquehanna maintains GFS with a strong buy rating and lowers their GFS price target from $74.00 to $65.00, on Feb 14, 2024.
Joseph Moore, a top 6% analyst from Morgan Stanley maintains GFS with a strong buy rating and lowers their GFS price target from $73.00 to $68.00, on Nov 8, 2023.
You can dive deeper into what analysts are projecting on the Globalfoundries stock forecast page.
GFS Trading Indicators
GFS Earnings
Last year, GFS earnings were $1.02B. During the past 1 years, GFS's earnings have increased by -31.23% per year. This was slower than the Semiconductors industry average of 27.1%.
Last year, GFS revenue was $7.39B. In the past five year, GFS's revenue has gone up by 3.59% per year. This was slower than the Semiconductors industry average of 23.34%.
Learn more about GFS's earnings and revenue performance here.
Are GFS executives and large shareholders buying or selling the stock?
Over the past year, insiders at GFS have not bought or sold any shares.
Dig into more about who owns GFS shares here.
Can I get consistent income from GFS stock?
No, Globalfoundries doesn't provide an income stream by paying out dividends.
What do other investors have to say about GFS?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your GFS trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order 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 specific price, use a limit order.
Press the Open Trade button and your broker will place your order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your GFS investment
Now that you own some GFS shares, you'll want to stay up-to-date on your investment.
Add GFS to a watchlist to track the latest developments regarding your GFS stock.
GFS Feed
How to Buy Stock in Globalfoundries
To reiterate, here are the 6 steps for buying Globalfoundries stock:
- Decide where to buy Globalfoundries stock
- Create a brokerage account
- Put funds into your investment account
- Evaluate Globalfoundries stock
- Make your GFS trade
- Monitor your GFS investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Globalfoundries, add GFS to your watchlist by clicking the button below.
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