How to Buy Royalty Pharma Stock
Royalty Pharma PLC
Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovations in the biopharmaceutical industry in the United States.
Royalty Pharma stock last closed at $27.89, up 1.01% from the previous day, and has decreased 22.29% in one year. It has overperformed other stocks in the Biotechnology industry by 0.04 percentage points. Royalty Pharma stock is currently +7.6% from its 52-week low of $25.92, and -23.55% from its 52-week high of $36.48.
As of Apr 18, 2024, there are 597.43M RPRX shares outstanding. The market capitalization of RPRX is $16.66B. In the past 24 hours, 2.09M RPRX shares were traded.
How to Buy Royalty Pharma Stock
Not sure how to invest in Royalty Pharma stock? Here's how.
- Decide where to buy Royalty Pharma stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Royalty Pharma stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your payment method and add your details.
- Analyze Royalty Pharma stock: The Royalty Pharma ticker symbol is RPRX. Is Royalty Pharma stock a good investment? Should you buy shares of RPRX? How do RPRX's underlying business fundamentals look? Do top analysts think Royalty Pharma is a good buy? Why has RPRX's stock price moved recently? (Hint: Our stock research tools can help you understand if RPRX is a good stock to buy).
- Execute your RPRX purchase: Decide if you will purchase RPRX shares at the current market price or use a limit order to purchase RPRX stock at a given price.
- Keep tabs on your RPRX position: Create a watchlist to get the latest news on your new investment in Royalty Pharma stock.
Step 1: Decide where to buy Royalty Pharma stock
You will need a brokerage account in order to access the NASDAQ market and buy RPRX shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you are able to buy RPRX 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.
- Provide your personal details to start your new brokerage account.
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Step 3: Deposit money your investment account
Now that you've created your account on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new investment account.
Step 4: Analyze Royalty Pharma stock
After you have identified the best place to buy Royalty Pharma stock, it's critical to research their stock before you buy, so you truly understand the risk as well as the upside.
Overview of key RPRX info
Royalty Pharma Overview
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on RPRX's stock page.
How is RPRX stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RPRX's fair value.
Using relative valuations metrics:
- RPRX could be undervalued based on its P/E ratio of 10.98x, relative to Biotechnology industry P/E ratio of 15.68x
- RPRX could be undervalued based on its P/B ratio of 1.65x, relative to Biotechnology industry P/B ratio of 5.76x
- RPRX could be undervalued based on its PEG ratio of 0.35x
You can access additional valuation analysis on RPRX's stock here.
RPRX Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the RPRX balance sheet.
- RPRX's operating cash flow of $2.99B allows it to safely service it's debt of $6.14B.
- RPRX earnings of $1.32B is not sufficient to cover its interest payments.
- RPRX profit margin has gone up from 1.9% to 48.2% in the past year.
- Total RPRX debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the RPRX balance sheet.
- RPRX has a relatively high debt to equity ratio of 0.62.
Do analysts think it's a good time to buy RPRX stock
Out of 4 Wall Street analysts who monitor RPRX, the consensus analyst rating on Royalty Pharma is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Royalty Pharma stock forecast page.
RPRX Technicals
How are RPRX Revenues/Earnings doing?
Last year, RPRX earnings were $1.13B. In the past 3 year, RPRX's earnings have grown by 97.41% per year. This was faster than the Biotechnology industry average of 15.84%.
Last year, RPRX revenue was $2.35B. Over the past 5 year, RPRX's revenue has gone up by 5.58% per year. This was slower than the Biotechnology industry average of 28.98%.
Find out more about RPRX's earnings and revenue performance here.
Latest Insiders Trades at RPRX
Over the last year, executives and large shareholders at RPRX have sold more shares than they have bought.
Bonnie L. Bassler, Director of RPRX, was the latest RPRX insider to buy. They bought $37,482.72 worth of RPRX shares on Mar 28, 2024.
Dig into more about who owns RPRX shares here.
Can I rely on RPRX as an income stream?
No, Royalty Pharma doesn't provide an income stream by paying out dividends.
What others are saying about RPRX
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your RPRX purchase
You have two primary 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 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 be certain you're buying or selling at an exact price limit, place a limit order.
Click the Open button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your RPRX position
Now that you own some RPRX stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to get notified of the latest news about your RPRX stock.
RPRX Feed
How to Buy Stock in Royalty Pharma
To summarize, here are the 6 steps to buy Royalty Pharma stock:
- Decide where to buy Royalty Pharma stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Royalty Pharma stock
- Execute your RPRX purchase
- Keep tabs on your RPRX position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Royalty Pharma, create a watchlist today.
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