How to Buy Kymera Therapeutics Stock
Kymera Therapeutics Inc
Kymera Therapeutics, Inc. , a biopharmaceutical company, focuses on discovering and developing novel small molecule therapeutics that selectively degrade disease-causing proteins by harnessing the body's own natural protein degradation system.
Kymera Therapeutics stock last closed at $33.37, up 0.06% from the previous day, and has increased 3.34% in one year. It has overperformed other stocks in the Biotechnology industry by 0.26 percentage points. Kymera Therapeutics stock is currently +247.6% from its 52-week low of $9.60, and -26.35% from its 52-week high of $45.31.
As of Apr 26, 2024, there are 61.11M shares of KYMR outstanding. The market value of KYMR is $2.04B. In the last 24 hours, 452,363 KYMR shares were traded.
How to Buy Kymera Therapeutics Stock
Wondering how to invest in Kymera Therapeutics stock? Here's how.
- Choose where to buy Kymera Therapeutics stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Kymera Therapeutics stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your details.
- Analyze Kymera Therapeutics stock: The Kymera Therapeutics ticker symbol is KYMR. Is Kymera Therapeutics stock a good investment? Should you buy shares of KYMR? How do KYMR's underlying business fundamentals look? Do top analysts think Kymera Therapeutics is a good buy? Why has KYMR's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if KYMR is a good stock to buy).
- Execute your KYMR purchase: Decide if you will purchase KYMR shares at the current market price or use a limit order to purchase KYMR shares at a given price.
- Monitor your investment in KYMR: Create a watchlist to keep track of your investment in Kymera Therapeutics stock.
Step 1: Choose where to buy Kymera Therapeutics stock
You need a brokerage account in order to access the NASDAQ market and buy KYMR shares.
Our preferred brokerage: eToro
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- Social investing: eToro boasts 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 financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can invest in KYMR today.
How to Set Up a New Brokerage 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.
- Input your personal data to create your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Analyze Kymera Therapeutics stock
Once you have selected the best place to buy Kymera Therapeutics stock, it's very important to research their stock prior to buying, so you truly understand the risk and opportunity.
Kymera Therapeutics Metrics
KYMR Fundamentals
WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on KYMR's stock page.
What is the fair value of KYMR stock?
You can use many financial metrics, analyses, models, and charts to gauge KYMR's intrinsic value.
Using relative valuations metrics:
- KYMR may be undervalued based on its P/B ratio of 5.16x, relative to Biotechnology industry P/B ratio of 5.85x
You can do more valuation research on KYMR's stock here.
KYMR Financial Summary
Positive Health Checks:
- KYMR has $380.69M in cash and short term investments. This is enough to cover its annual cash burn of $137.31M.
- There are more short-term assets than short-term liabilities on the KYMR balance sheet.
- KYMR has cash burn of 137306000. 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 KYMR balance sheet.
- Total KYMR debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- KYMR profit margin has gone up by 1.44 percentage points in the past year, but the company is still unprofitable.
- KYMR has a relatively high debt to equity ratio of 0.46.
Do analysts think it's a good time to buy Kymera Therapeutics stock
Out of 9 Equities analysts who give recommendations on KYMR, the consensus analyst rating on Kymera Therapeutics is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent KYMR Analyst Recommendations
Geoff Meacham, a bottom 7% analyst from Bank of America downgrades KYMR to a hold rating and lowers their KYMR price target from $45.00 to $30.00, on Jan 3, 2024.
Derek Archila, a top 3% analyst from Wells Fargo downgrades KYMR to a hold rating and announces their KYMR price target of $26.00, on Dec 19, 2023.
James Quigley, a top 34% analyst from Morgan Stanley maintains KYMR with a hold rating and lowers their KYMR price target from $37.00 to $24.00, on Nov 13, 2023.
Andrew Fein, a top 4% analyst from HC Wainwright & Co. maintains KYMR with a buy rating and lowers their KYMR price target from $85.00 to $30.00, on Nov 3, 2023.
You can dive deeper into what analysts are saying on the Kymera Therapeutics stock forecast page.
Metrics for Advanced KYMR Traders
How is KYMR performing as a company?
Last year, KYMR revenue was $78.59M. In the last four year, KYMR's revenue has grown by 127.5% per year. This was faster than the Biotechnology industry average of 28.56%.
Dive into KYMR's earnings and revenue performance here.
What are KYMR insiders up to?
Over the past 12 months, insiders at KYMR have sold more shares than they have bought.
Bruce Booth, Director of KYMR, was the latest KYMR insider to sell. They sold $2,014,386.42 worth of KYMR shares on Mar 15, 2024.
Get more info about who owns KYMR shares here.
Does KYMR stock generate passive income?
No, Kymera Therapeutics doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your KYMR purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Monitor your investment in KYMR
Now that you own some KYMR stock, you'll want to stay up-to-date on your new investment.
Start a watchlist to get alerted to the latest events about your KYMR stock.
KYMR Feed
How to Buy Stock in Kymera Therapeutics
To reiterate, here are the 6 steps to buy stock in Kymera Therapeutics:
- Choose where to buy Kymera Therapeutics stock
- Create a brokerage account
- Put funds into your brokerage account
- Analyze Kymera Therapeutics stock
- Execute your KYMR purchase
- Monitor your investment in KYMR
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Kymera Therapeutics, create a watchlist today.
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