How to Buy Taro Pharmaceutical Industries Stock
Taro Pharmaceutical Industries Ltd
Taro Pharmaceutical Industries is a pharmaceutical company located in Israel, which is part of the Healthcare sector, and is traded under the ticker TARO on the NYSE exchange.
Taro Pharmaceutical Industries stock last closed at $42.23, down 0.07% from the previous day, and has increased 65.22% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.75 percentage points. Taro Pharmaceutical Industries stock is currently +73.14% from its 52-week low of $24.39, and -7.71% from its 52-week high of $45.76.
There are currently 37.59M shares of TARO outstanding. The market cap of TARO is $1.59B. In the past 24 hours, 22,565 TARO shares were traded.
How to Buy Taro Pharmaceutical Industries Stock
Not sure how to invest in Taro Pharmaceutical Industries stock? Here's how.
- Choose where to buy Taro Pharmaceutical Industries 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 Taro Pharmaceutical Industries stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Evaluate Taro Pharmaceutical Industries stock: The Taro Pharmaceutical Industries ticker symbol is TARO. Is Taro Pharmaceutical Industries stock a good investment? Should you buy shares of TARO? How do TARO's underlying business fundamentals look? Do top analysts think Taro Pharmaceutical Industries is a good buy? Why has TARO's stock price moved recently? (Hint: Our stock research tools can help you decide if TARO is a good stock to buy).
- Place your TARO buy order: Decide if you will purchase TARO shares at the current market price or use a limit order to purchase TARO shares at a given price.
- Keep tabs on your investment in TARO: Create a watchlist to get live updates on your investment in Taro Pharmaceutical Industries shares.
Step 1: Choose where to buy Taro Pharmaceutical Industries stock
You need an online brokerage account to access the NYSE market and buy TARO stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to buy TARO stock today.
How to Create 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 details to open a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on the highest rated stock app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring funds into your brokerage account.
Step 4: Evaluate Taro Pharmaceutical Industries stock
Once you have chosen the best place to buy Taro Pharmaceutical Industries stock, it's important to research their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Taro Pharmaceutical Industries shares at a glance
TARO Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TARO's stock page.
Is TARO stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TARO's fair value.
Using relative valuations methods:
- TARO may be undervalued based on its P/E ratio of 34.61x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of 46.85x
- TARO could be undervalued based on its P/B ratio of 0.89x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.07x
You can do more valuation research on TARO's stock here.
Is TARO a healthy company?
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the TARO balance sheet.
- There are more short-term assets than short-term liabilities on the TARO balance sheet.
- TARO has a low debt to equity ratio of 0.22.
Negative Health Checks:
- Total TARO debt is higher than 5 years ago, relative to shareholder equity.
- TARO profit margin has gone down from 8.1% to 7.5% in the past year.
Is it a good time to buy TARO stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who research TARO, the consensus analyst rating on Taro Pharmaceutical Industries is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Taro Pharmaceutical Industries stock forecast page.
TARO Momentum
TARO Performance Numbers
Last year, TARO earnings were $45.70M. During the past five year, TARO's earnings have gone up by -31.12% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of -10.26%.
Last year, TARO revenue was $610.83M. In the past 5 year, TARO's revenue has gone up by -1.69% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 31.07%.
You can analyze TARO's earnings and revenue performance here.
Latest Insiders Trades at TARO
In the last 12 months, insiders at TARO have not bought or sold any shares.
Get more info about who owns TARO shares here.
Can I get consistent income from TARO stock?
No, Taro Pharmaceutical Industries doesn't provide an income stream by paying out dividends.
What do other investors have to say about TARO?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your TARO buy order
There are two main order types:
- 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 lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will execute your order.
If you require additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in TARO
Now that you own some TARO stock, you'll want to stay up-to-date on your company.
Create a watchlist to track your TARO stock.
TARO Feed
How to Buy Stock in Taro Pharmaceutical Industries
To reiterate, here are the 6 steps you need to take to buy Taro Pharmaceutical Industries stock right now:
- Choose where to buy Taro Pharmaceutical Industries stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Taro Pharmaceutical Industries stock
- Place your TARO buy order
- Keep tabs on your investment in TARO
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your investment in Taro Pharmaceutical Industries, create your watchlist below.
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