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How to Buy Sutro Biopharma Stock

Sutro Biopharma Inc

Sutro Biopharma, Inc. operates as clinical stage drug discovery, development, and manufacturing company.

Sutro Biopharma stock last closed at $3.07, down 4.95% from the previous day, and has decreased 41.52% in one year. It has underperformed other stocks in the Biotechnology industry by 0.25 percentage points. Sutro Biopharma stock is currently +53.12% from its 52-week low of $2.01, and -49.92% from its 52-week high of $6.13.

There are currently 81.79M STRO shares outstanding. The market capitalization of STRO is $251.11M. In the last 24 hours, 635,440 STRO shares were traded.

How to Buy Sutro Biopharma Stock

Not sure how to invest in Sutro Biopharma stock? Here's how.
  1. Figure out where to buy Sutro Biopharma stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Sutro Biopharma stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Choose your method of payment and add your info.
  4. Analyze Sutro Biopharma stock: The Sutro Biopharma ticker symbol is STRO. Is Sutro Biopharma stock a good investment? Should you buy shares of STRO? How do STRO's underlying business fundamentals look? Do top analysts think Sutro Biopharma is a good buy? Why has STRO's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if STRO is a good stock to buy).
  5. Execute your STRO buy order: Decide if you will purchase STRO shares at the current market price or use a limit order to buy STRO stock at a specific price.
  6. Keep tabs on your STRO position: Create a watchlist to keep tabs on your position in Sutro Biopharma shares.

Step 1: Figure out where to buy Sutro Biopharma stock

You will need an online brokerage account in order to access the NASDAQ market and buy STRO shares.

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: Create your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to buy STRO stock today.

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

Now that you have created your account on the best investment app, you can securely and quickly fund your account:

Check out the video below if you need help transferring funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Sutro Biopharma stock

After you have selected the best place to buy Sutro Biopharma stock, it's very important to research their stock prior to investing, so you can understand the risk and upside.

Sutro Biopharma Metrics

STRO Price
$3.07
1w %
-4.06%
1y %
-41.52%
5y %
-73.72%
P/E
-1.63x
P/B
2.56x
P/S
1.22x
PEG
N/A
Revenue
$154.07M
Earnings
-$114.96M
Fore. Rev. Growth
-28.19%
Fore. Earn. Growth
N/A
Market Cap
$251.11M
Next Earnings
Aug 8, 2024
Next Dividend
N/A

STRO Zen Score

WallStreetZen was built to help average investors do better fundamental analysis in less time.

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

Is STRO stock undervalued or overvalued?

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

Using relative valuations ratios:

  • STRO could be undervalued based on its P/B ratio of 2.56x, relative to Biotechnology industry P/B ratio of 6.29x

You can do additional valuation research on STRO's stock here.

STRO Financials at a glance

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the STRO balance sheet.
  • STRO has $314.08M in cash and short term investments. This is sufficient to cover its annual cash burn of $119.19M.
  • There are more short-term assets than short-term liabilities on the STRO balance sheet.
  • STRO has cash burn of 119185000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • STRO has a relatively high debt to equity ratio of 3.12.
  • STRO profit margin has gone up by 1 percentage points in the past year, but the company is still unprofitable.
  • Total STRO debt is higher than 5 years ago, relative to shareholder equity.

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

Out of 7 Equities analysts who give ratings on STRO, the consensus analyst rating on Sutro Biopharma is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

Latest STRO Analyst Ratings

Asthika Goonewardene, a bottom 5% analyst from Truist Securities maintains STRO with a strong buy rating and lowers their STRO price target from $25.00 to $18.00, on Apr 3, 2024.

Reni Benjamin, a top 17% analyst from JMP Securities reiterates STRO with a buy rating and maintains their STRO price target from $17.00 to $17.00, on Apr 3, 2024.

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

STRO Technical Indicators

SMA10
3.47
SMA20
3.77
SMA50
3.88
SMA100
4.21
SMA200
3.86
MACD
-0.25
MACD Signal
-0.17
MACD Histogram
-0.08
RSI
33.54
Stochastic %K
13.78
Stochastic %D
11.49
StochRSI %K
30.93
StochRSI %D
21.81

How is STRO performing as a company?

Last year, STRO revenue was $154.07M. During the past five year, STRO's revenue has grown by 30.15% per year. This was slower than the Biotechnology industry average of 31.8%.

You can research STRO's earnings and revenue performance here.

What are STRO insiders up to?

Over the past 12 months, executives and large shareholders at STRO have sold more shares than they have bought.

Venkatesh Srinivasan, CHIEF TECH OP OFFICER of STRO, was the latest STRO insider to sell. They sold $3,336.08 worth of STRO stock on May 1, 2024.

Get more info about who owns STRO stock here.

Does STRO provide a stable income stream?

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

What others are saying about STRO

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

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Step 5: Execute your STRO buy order

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 usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, place a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Keep tabs on your STRO position

Now that you own some shares in STRO, you'll want to stay up-to-date on your new company.

Put STRO on a watchlist to get notified of important updates regarding your STRO stock.

STRO Feed

How to Buy Stock in Sutro Biopharma

To summarize, here are the 6 steps for buying Sutro Biopharma stock:

  1. Figure out where to buy Sutro Biopharma stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Sutro Biopharma stock
  5. Execute your STRO buy order
  6. Keep tabs on your STRO position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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 would like to keep tabs on your investment in Sutro Biopharma, click below.

NASDAQ: STRO
$3.07-0.16 (-4.95%)
Updated Jun 24, 2024
Open eToro Account
NASDAQ: STRO
$3.07-0.16 (-4.95%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sutro Biopharma share?

As of Jun 24, 2024, it costs $3.07 to buy one share of Sutro Biopharma stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.326 shares of STRO.

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 Sutro Biopharma stock?

According to 7 Wall Street analysts who monitor Sutro Biopharma, their consensus recommendation is to buy Sutro Biopharma stock.

What is the best way to buy Sutro Biopharma stock?

One way to place an order for Sutro Biopharma 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.