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How to Buy Seagen Stock

Seagen Inc

Seagen Inc. , a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally.

Seagen stock last closed at $136.00, down 1.45% from the previous day, and has decreased 3.4% in one year. It has overperformed other stocks in the Biotechnology industry by 0.12 percentage points. Seagen stock is currently +29% from its 52-week low of $105.43, and -25.68% from its 52-week high of $183.00.

At the moment, there are 185.66M shares of SGEN outstanding. The market value of SGEN is $25.25B. In the last 24 hours, 567,125 SGEN shares were traded.

How to Buy Seagen Stock

Not sure how to invest in Seagen stock? Here's how.
  1. Figure out where to buy Seagen stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Seagen stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Evaluate Seagen stock: The Seagen ticker symbol is SGEN. Is Seagen stock a good investment? Should you buy shares of SGEN? How do SGEN's underlying business fundamentals look? Do top analysts think Seagen is a good buy? Why has SGEN's stock price moved recently? (Hint: Our stock analysis website can help you decide if SGEN is a good stock to buy).
  5. Make your SGEN purchase: Decide if you will purchase SGEN shares at the current market price or use a limit order to buy SGEN shares at a given price.
  6. Get key alerts regarding your SGEN investment: Create a watchlist to keep track of your position in Seagen stock.

Step 1: Figure out where to buy Seagen stock

You need a brokerage account to access the NASDAQ market and buy SGEN shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you can buy SGEN stock today.

How to Open a New Account on eToro

  1. Click here to get started.
  2. Enter your personal data to create your new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have finished signing up on apps for stocks, you need to deposit funds:

Watch the tutorial below to see the process of depositing money into your investment account.

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Step 4: Evaluate Seagen stock

Once you have figured out the best place to buy Seagen stock, it's absolutely critical to analyze their stock prior to buying, so you actually understand the risk as well as the upside.

Overview of key SGEN info

SGEN Price
$136.00
1w %
-2.84%
1y %
-3.4%
5y %
150.74%
P/E
-39.42x
P/B
8.95x
P/S
13.48x
PEG
N/A
Revenue
$1.86B
Earnings
-$636.77M
Fore. Rev. Growth
35.36%
Fore. Earn. Growth
N/A
Market Cap
$25.25B
Next Earnings
Feb 15, 2023
Next Dividend
N/A

Seagen Fundamentals

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.

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

How is SGEN stock valued?

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

Using relative valuations measures:

  • SGEN may be overvalued based on its P/B ratio of 8.95x, relative to Biotechnology industry P/B ratio of 5.06x

You can access additional valuation research on SGEN's stock here.

SGEN Financial Health

Positive Health Checks:

  • SGEN has cash burn of 719364000. 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 SGEN balance sheet.
  • There are more short-term assets than short-term liabilities on the SGEN balance sheet.
  • SGEN has $1.76B in cash and short term investments. This is sufficient to cover its annual cash burn of $719.36M.
  • Total SGEN debt is lower than 5 years ago, relative to shareholder equity.
  • SGEN has a low debt to equity ratio of 0.28.

Negative Health Checks:

  • SGEN profit margin has gone down from -19.1% to -34.2% in the past year.

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

Out of 13 sell side analysts who give ratings on SGEN, the consensus analyst rating on Seagen is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest SGEN Analyst Upgrades/Downgrades

Reni Benjamin, a bottom 8% analyst from JMP Securities reiterates SGEN with a buy rating and maintains their SGEN price target from $142.00 to $142.00, on Feb 6, 2023.

Andrew Berens, a bottom 2% analyst from SVB Leerink downgrades SGEN to a hold rating and lowers their SGEN price target from $162.00 to $141.00, on Feb 6, 2023.

Shanshan Xu, a bottom 42% analyst from Berenberg maintains SGEN with a strong buy rating and lowers their SGEN price target from $183.00 to $170.00, on Jan 25, 2023.

Matthew Harrison, a bottom 6% analyst from Morgan Stanley maintains SGEN with a strong buy rating and lowers their SGEN price target from $171.00 to $170.00, on Jan 24, 2023.

Asthika Goonewardene, a bottom 11% analyst from Truist Securities initiates coverage on SGEN with a hold rating and announces their SGEN price target of $135.00, on Nov 21, 2022.

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

Metrics for Advanced SGEN Traders

SMA10
138.71
SMA20
135.04
SMA50
130.17
SMA100
131.78
SMA200
144.01
MACD
2.28
MACD Signal
2.31
MACD Histogram
-0.03
RSI
52.99
Stochastic %K
73.35
Stochastic %D
80.13
StochRSI %K
48.31
StochRSI %D
64.56

SGEN Performance Metrics

Last year, SGEN revenue was $1.86B. In the past 5 year, SGEN's revenue has gone up by 32.41% per year. This was slower than the Biotechnology industry average of 75.62%.

You can analyze SGEN's earnings and revenue performance here.

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

In the last year, insiders at SGEN have bought more shares than they have sold.

Roger D. Dansey, President RD CMO of SGEN, was the latest SGEN insider to sell. They sold $108,461.16 worth of SGEN stock on Feb 2, 2023.

Research more about who owns SGEN shares here.

Can I get consistent income from SGEN stock?

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

What do other investors have to say about SGEN?

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

Click below to see what other community members have to say.

Step 5: Make your SGEN purchase

You have two main 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 mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open button and your broker will place the order.

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

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Step 6: Get key alerts regarding your SGEN investment

Now that you own some SGEN stock, you'll want to keep up with your investment.

Make a watchlist to get the latest updates about your SGEN stock.

SGEN Feed

How to Buy Stock in Seagen

To summarize, here are the 6 steps to buy Seagen stock:

  1. Figure out where to buy Seagen stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Evaluate Seagen stock
  5. Make your SGEN purchase
  6. Get key alerts regarding your SGEN investment

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you want to keep tabs on your investment in Seagen, create a watchlist today.

NASDAQ: SGEN
$136.00-2.00 (-1.45%)
Updated Feb 6, 2023
Open eToro Account
NASDAQ: SGEN
$136.00-2.00 (-1.45%)
Updated Feb 6, 2023
Open eToro Account

FAQ

How much does it cost to buy one Seagen share?

As of Feb 6, 2023, it costs $136.00 to buy one share of Seagen 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 0.074 shares of SGEN.

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Is now a good time to buy Seagen stock?

According to 13 Wall Street analysts who monitor Seagen, their consensus recommendation is to buy Seagen stock.

What is the best way to buy Seagen stock?

One way to place an order for Seagen 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.