How to Buy Utah Medical Products Stock
Utah Medical Products Inc
Utah Medical Products, Inc. develops, manufactures, and distributes medical devices for the healthcare industry.
Utah Medical Products stock last closed at $55.16, down 3.84% from the previous day, and has decreased 18.11% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.33 percentage points. Utah Medical Products stock is currently +7.61% from its 52-week low of $51.26, and -28.67% from its 52-week high of $77.33.
At the moment, there are 3.25M UTMD shares outstanding. The market value of UTMD is $179.17M. In the last 24 hours, 74,000 UTMD shares were traded.
How to Buy Utah Medical Products Stock
Not sure how to invest in Utah Medical Products stock? Here's how.
- Decide where to buy Utah Medical Products stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Utah Medical Products stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your info.
- Analyze Utah Medical Products stock: The Utah Medical Products ticker symbol is UTMD. Is Utah Medical Products stock a good investment? Should you buy shares of UTMD? How do UTMD's underlying business fundamentals look? Do top analysts think Utah Medical Products is a good buy? Why has UTMD's stock price moved recently? (Hint: Our stock research website can help you figure out if UTMD is a good stock to buy).
- Make your UTMD purchase: Decide if you will purchase UTMD shares at the current market price or use a limit order to purchase UTMD stock at a given price.
- Get the latest news on your investment in UTMD: Create a watchlist to get the latest news on your position in Utah Medical Products stock.
Step 1: Decide where to buy Utah Medical Products stock
You will need a brokerage account to access the NASDAQ market and buy UTMD shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of stock by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can invest in UTMD stock today.
How to Open a New 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 data to start a new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Utah Medical Products stock
After you have identified the best place to buy Utah Medical Products stock, it's absolutely critical to research their stock before you buy, so you actually comprehend the risk and opportunity.
Utah Medical Products Metrics
Utah Medical Products Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on UTMD's stock page.
Is UTMD stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge UTMD's intrinsic value.
Using relative valuations ratios:
- UTMD may be undervalued based on its P/E ratio of 14.59x, relative to Medical Instruments & Supplies industry P/E ratio of 38.52x
- UTMD could be undervalued based on its P/B ratio of 1.53x, relative to Medical Instruments & Supplies industry P/B ratio of 3.59x
You can do more valuation analysis on UTMD's stock here.
UTMD Financial Overview
Signs that UTMD is financially healthy:
- Total UTMD debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the UTMD balance sheet.
- UTMD has a low debt to equity ratio of 0.05.
- UTMD's operating cash flow of $14.02M allows it to safely service it's debt of $269.00k.
- There are more short-term assets than long-term liabilities on the UTMD balance sheet.
- UTMD earnings of $15.86M is not sufficient to cover its interest payments.
Signs that UTMD is not financially healthy:
- UTMD profit margin has gone down from 33.4% to 33% in the past year.
Metrics for Advanced UTMD Traders
UTMD Earnings
Last year, UTMD earnings were $12.96M. In the past 5 year, UTMD's earnings have increased by -0.98% per year. This was slower than the Medical Instruments & Supplies industry average of 20.76%.
Last year, UTMD revenue was $39.27M. During the last five year, UTMD's revenue has grown by -3.56% per year. This was slower than the Medical Instruments & Supplies industry average of 10.32%.
You can analyze UTMD's earnings and revenue performance here.
What are UTMD insiders up to?
In the past year, executives and large shareholders at UTMD have sold more shares than they have bought.
Brian Koopman, Principal Financial Officer of UTMD, was the latest UTMD insider to sell. They sold $3,580.50 worth of UTMD stock on Jul 18, 2024.
Research more about who owns UTMD shares here.
Does UTMD provide a stable income stream?
Utah Medical Products pays a dividend of 1.65%, compared to the Medical Instruments & Supplies industry's average dividend yield of 1.77%. If you owned $1,000 worth of UTMD stock, you would have been paid $16.50 in the past year.
Utah Medical Products dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Utah Medical Products dividend yield and history here.
UTMD Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your UTMD purchase
There are two primary order types:
- 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 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 make sure you're buying or selling at a given price limit, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in UTMD
Now that you own some UTMD stock, you'll want to keep up with your new investment.
Put UTMD on a watchlist to track your UTMD stock.
UTMD Feed
How to Buy Stock in Utah Medical Products
To reiterate, here are the 6 steps you need to take to buy Utah Medical Products stock right now:
- Decide where to buy Utah Medical Products stock
- Open your brokerage account
- Deposit money your investment account
- Analyze Utah Medical Products stock
- Make your UTMD purchase
- Get the latest news on your investment in UTMD
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Utah Medical Products, create a watchlist today.
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