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How to Buy Halozyme Therapeutics Stock

Halozyme Therapeutics Inc

Halozyme Therapeutics, Inc. operates as a biopharma technology platform company in the United States, Switzerland, Ireland, Belgium, Japan, and internationally.

Halozyme Therapeutics stock last closed at $44.71, down 1.5% from the previous day, and has increased 33.62% in one year. It has overperformed other stocks in the Biotechnology industry by 0.53 percentage points. Halozyme Therapeutics stock is currently +40.33% from its 52-week low of $31.86, and -3.14% from its 52-week high of $46.16.

There are currently 127.27M HALO shares outstanding. The market cap of HALO is $5.69B. In the last 24 hours, 1.1M HALO shares were traded.

How to Buy Halozyme Therapeutics Stock

Not sure how to invest in Halozyme Therapeutics stock? Here's how.
  1. Choose where to buy Halozyme Therapeutics stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Halozyme Therapeutics stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your method of payment and add your information.
  4. Analyze Halozyme Therapeutics stock: The Halozyme Therapeutics ticker symbol is HALO. Is Halozyme Therapeutics stock a good investment? Should you buy shares of HALO? How do HALO's underlying business fundamentals look? Do top analysts think Halozyme Therapeutics is a good buy? Why has HALO's stock price moved recently? (Hint: Our stock research website can help you understand if HALO is a good stock to buy).
  5. Place your HALO buy order: Decide if you will purchase HALO shares at the current market price or use a limit order to purchase HALO stock at a particular price.
  6. Get the latest news on your investment in HALO: Create a watchlist to monitor your investment in Halozyme Therapeutics shares.

Step 1: Choose where to buy Halozyme Therapeutics stock

You need a brokerage account to access the NASDAQ market and buy HALO 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 picked the best brokerage, the next step is to fill out some personal information so you are able to buy HALO today.

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  1. Submit your data by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've filled out your info on app for stock, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of transferring money into your brokerage account.

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Step 4: Analyze Halozyme Therapeutics stock

After you have chosen the best place to buy Halozyme Therapeutics stock, it's crucial to evaluate their stock before you buy, so you actually comprehend the risk and opportunity.

Halozyme Therapeutics Metrics

HALO Price
$44.71
1w %
3.62%
1y %
33.62%
5y %
186.42%
P/E
18.25x
P/B
32x
P/S
6.58x
PEG
0.44x
Revenue
$862.99M
Earnings
$318.80M
Fore. Rev. Growth
14.41%
Fore. Earn. Growth
41.76%
Market Cap
$5.69B
Next Earnings
N/A
Next Dividend
N/A

HALO Zen Score

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

You can view all of the due diligence checks on HALO's stock page.

What is the fair value of HALO stock?

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

Using relative valuations methods:

  • HALO could be overvalued based on its P/E ratio of 18.25x, relative to Biotechnology industry P/E ratio of 8.47x
  • HALO may be overvalued based on its P/B ratio of 32x, relative to Biotechnology industry P/B ratio of 6.01x
  • HALO may be undervalued based on its PEG ratio of 0.44x

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

HALO Financials at a glance

Signs that HALO is financially healthy:

  • There are more short-term assets than short-term liabilities on the HALO balance sheet.
  • HALO profit margin has gone up from 25.8% to 36.9% in the past year.
  • HALO earnings of $410.85M is not sufficient to cover its interest payments.
  • HALO's operating cash flow of $431.03M allows it to safely service it's debt of $1.50B.

Signs that HALO is not financially healthy:

  • There are more long-term liabilities than short-term assets on the HALO balance sheet.
  • Total HALO debt is higher than 5 years ago, relative to shareholder equity.
  • HALO has a relatively high debt to equity ratio of 9.36.

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

Out of 6 Equities analysts who monitor HALO, the consensus analyst rating on Halozyme Therapeutics is a Buy

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

Latest HALO Analyst Recommendations

Vikram Purohit, a bottom 5% analyst from Morgan Stanley maintains HALO with a strong buy rating and lowers their HALO price target from $61.00 to $59.00, on Dec 26, 2023.

You can dig deeper into what analysts are projecting on the Halozyme Therapeutics stock forecast page.

HALO Technicals

SMA10
43.44
SMA20
41.21
SMA50
40.55
SMA100
38.51
SMA200
38.83
MACD
1.49
MACD Signal
0.97
MACD Histogram
0.53
RSI
68.43
Stochastic %K
90.02
Stochastic %D
88.89
StochRSI %K
88.34
StochRSI %D
91.2

Is HALO Making Money?

Last year, HALO earnings were $318.80M. Over the past 3 year, HALO's earnings have grown by 101.37% per year. This was faster than the Biotechnology industry average of 9.87%.

Last year, HALO revenue was $862.99M. Over the past 5 year, HALO's revenue has increased by 37.13% per year. This was faster than the Biotechnology industry average of 32.19%.

Find out more about HALO's earnings and revenue performance here.

Who is buying/selling HALO?

In the past year, insiders at HALO have sold more shares than they have bought.

Michael J. Labarre, SVP CHIEF TECHNICAL OFFICER of HALO, was the latest HALO insider to sell. They sold $384,890.00 worth of HALO shares on Apr 17, 2024.

Learn more about who owns HALO stock here.

Can I rely on HALO as an income stream?

No, Halozyme Therapeutics doesn't provide an income stream by paying out dividends.

What others are saying about HALO

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

Click below to find out what other investors have to say.

Step 5: Place your HALO buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, use a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Get the latest news on your investment in HALO

Now that you own some HALO stock, you'll want to keep up with your new shares.

Put HALO on a watchlist to get notified of the latest news about your HALO stock.

HALO Feed

How to Buy Stock in Halozyme Therapeutics

To reiterate, here are the 6 steps to buy Halozyme Therapeutics stock:

  1. Choose where to buy Halozyme Therapeutics stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Analyze Halozyme Therapeutics stock
  5. Place your HALO buy order
  6. Get the latest news on your investment in HALO

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

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.

If you want to monitor your new investment in Halozyme Therapeutics, get started below.

NASDAQ: HALO
$44.71-0.68 (-1.5%)
Updated May 17, 2024
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NASDAQ: HALO
$44.71-0.68 (-1.5%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Halozyme Therapeutics share?

As of May 17, 2024, it costs $44.71 to buy one share of Halozyme Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.224 shares of HALO.

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 Halozyme Therapeutics stock?

According to 6 Wall Street analysts who monitor Halozyme Therapeutics, their consensus recommendation is to buy Halozyme Therapeutics stock.

What is the best way to buy Halozyme Therapeutics stock?

One way to place an order for Halozyme Therapeutics 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.