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How to Buy Sanofi Stock

Sanofi

Sanofi, together with its subsidiaries, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Sanofi stock last closed at $45.93, down 1.44% from the previous day, and has decreased 17.69% in one year. It has underperformed other stocks in the Drug Manufacturers - General industry by 0.3 percentage points. Sanofi stock is currently +7.74% from its 52-week low of $42.63, and -20.56% from its 52-week high of $57.82.

As of Apr 12, 2024, there are 1.26B shares of SNY outstanding. The market cap of SNY is $116.18B. In the last 24 hours, 1.35M SNY shares were traded.

How to Buy Sanofi Stock

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

Step 1: Figure out where to buy Sanofi stock

You will need a brokerage account to access the NASDAQ market and buy SNY stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you are able to invest in SNY today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal info to open your new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have created your account on one of the best stock apps, you need to deposit funds:

Watch this video walkthrough for more details depositing funds into your new investment account.

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Step 4: Analyze Sanofi stock

Once you have selected the best place to buy Sanofi stock, it's important to evaluate their stock before you buy, so you truly comprehend the risk and upside.

Sanofi quick stats

SNY Price
$45.93
1w %
-2.79%
1y %
-17.69%
5y %
7.79%
P/E
19.82x
P/B
1.46x
P/S
2.3x
PEG
0.55x
Revenue
$49.94B
Earnings
$5.81B
Fore. Rev. Growth
5.75%
Fore. Earn. Growth
35.94%
Market Cap
$116.18B
Next Earnings
Apr 25, 2024
Next Dividend
Jun 6, 2024

Sanofi Zen Score

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can see all of the due diligence checks on SNY's stock page.

Is SNY stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge SNY's fair value.

Using relative valuations ratios:

  • SNY could be undervalued based on its P/E ratio of 19.82x, relative to Drug Manufacturers - General industry P/E ratio of 153.83x
  • SNY may be undervalued based on its P/B ratio of 1.46x, relative to Drug Manufacturers - General industry P/B ratio of 5.82x
  • SNY may be undervalued based on its PEG ratio of 0.55x

You can do more valuation research on SNY's stock here.

SNY Financial Health Summary

Pros:

  • There are more short-term assets than short-term liabilities on the SNY balance sheet.
  • SNY's operating cash flow of $11.03B allows it to safely service it's debt of $19.81B.
  • Total SNY debt is lower than 5 years ago, relative to shareholder equity.
  • SNY earnings of $8.94B is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the SNY balance sheet.

Cons:

  • SNY has a relatively high debt to equity ratio of 0.7.
  • SNY profit margin has gone down from 18.4% to 11.6% in the past year.

Is it a good time to buy Sanofi stock, according to analysts?

Out of 1 Equities analysts who give recommendations on SNY, the consensus analyst rating on SNY is a Hold

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Sanofi stock forecast page.

SNY Technicals

SMA10
47.33
SMA20
47.92
SMA50
47.62
SMA100
48.32
SMA200
50.26
MACD
-0.38
MACD Signal
-0.14
MACD Histogram
-0.24
RSI
33.66
Stochastic %K
5.36
Stochastic %D
8.82
StochRSI %K
1.13
StochRSI %D
5

SNY Growth Numbers

Last year, SNY earnings were $5.81B. During the past 5 year, SNY's earnings have gone up by 3.84% per year. This was faster than the Drug Manufacturers - General industry average of 0.92%.

Last year, SNY revenue was $49.94B. In the past 5 year, SNY's revenue has grown by 4.7% per year. This was slower than the Drug Manufacturers - General industry average of 7.07%.

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

Are SNY executives and large shareholders buying or selling the stock?

In the past year, insiders at SNY have not bought or sold any shares.

Research more about who owns SNY stock here.

Can I rely on SNY as an income stream?

Sanofi pays a dividend of 4.14%, compared to the Drug Manufacturers - General industry's average dividend yield of 3.41%. If you owned $1,000 worth of SNY stock, you would have been paid $41.43 in the past year.

Sanofi dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about Sanofi dividend yield and history here.

SNY Social Trading Data

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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

Step 5: Execute your SNY 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 possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, use a limit order.

Press the Open Trade button and eToro will execute your order.

If you need additional help with buying stocks on eToro, watch the helpful video below:

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Step 6: Get the latest scoop on your investment in SNY

Now that you own some SNY shares, you'll want to stay up-to-date on your new stock purchase.

Start a watchlist to track the latest developments regarding your SNY stock.

SNY Feed

How to Buy Stock in Sanofi

To summarize, here are the 6 steps you need to take to buy Sanofi stock right now:

  1. Figure out where to buy Sanofi stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Analyze Sanofi stock
  5. Execute your SNY purchase
  6. Get the latest scoop on your investment in SNY

If you need a brokerage account, eToro is our favorite 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 get notifications regarding your investment in Sanofi, add SNY to your watchlist by clicking the button below.

NASDAQ: SNY
$45.93-0.67 (-1.44%)
Updated Apr 12, 2024
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NASDAQ: SNY
$45.93-0.67 (-1.44%)
Updated Apr 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sanofi share?

As of Apr 12, 2024, it costs $45.93 to buy one share of Sanofi 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 0.218 shares of SNY.

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 Sanofi stock?

According to 1 Wall Street analysts who monitor Sanofi, their consensus recommendation is to hold Sanofi stock.

What is the best way to buy Sanofi stock?

One way to place an order for Sanofi 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.