Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis.
Vertex Pharmaceuticals stock last closed at $392.81, down 0.86% from the previous day, and has increased 13.86% in one year. It has overperformed other stocks in the Biotechnology industry by 0.37 percentage points. Vertex Pharmaceuticals stock is currently +22.75% from its 52-week low of $320.01, and -12.4% from its 52-week high of $448.40.
There are currently 258.31M VRTX shares outstanding. The market capitalization of VRTX is $101.47B. In the last 24 hours, 1.73M VRTX shares were traded.
How to Buy Vertex Pharmaceuticals Stock
Wondering how to invest in Vertex Pharmaceuticals stock? Here's how.
Decide where to buy Vertex Pharmaceuticals stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Vertex Pharmaceuticals stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Put funds into your brokerage account: Select your method of payment and add your info.
Research Vertex Pharmaceuticals stock: The Vertex Pharmaceuticals ticker symbol is VRTX. Is Vertex Pharmaceuticals stock a good investment? Should you buy shares of VRTX? How do VRTX's underlying business fundamentals look? Do top analysts think Vertex Pharmaceuticals is a good buy? Why has VRTX's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if VRTX is a good stock to buy).
Execute your VRTX purchase: Decide if you will purchase VRTX shares at the current market price or use a limit order to buy VRTX stock at a given price.
Get the latest scoop on your investment in VRTX: Create a watchlist to important updates regarding your position in Vertex Pharmaceuticals stock.
Step 1: Decide where to buy Vertex Pharmaceuticals stock
You will need an online brokerage account to access the NASDAQ market and buy VRTX shares.
A brokerage account allows you to buy and sell a variety 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 picked the best brokerage, the next step is to fill out some personal info so you are able to invest in VRTX stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Vertex Pharmaceuticals stock
After you have selected the best place to buy Vertex Pharmaceuticals stock, it's important to research their stock before you buy, so you can comprehend the risk and opportunity.
Vertex Pharmaceuticals Metrics
VRTX Price
$392.81
1w %
-2.99%
1y %
13.86%
5y %
132.46%
P/E
27.96x
P/B
5.77x
P/S
10.26x
PEG
11.39x
Revenue
$9.87B
Earnings
$3.62B
Fore. Rev. Growth
8.93%
Fore. Earn. Growth
2.45%
Market Cap
$101.47B
Next Earnings
May 15, 2024
Next Dividend
N/A
Fundamentals of VRTX
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
VRTX's operating cash flow of $3.54B allows it to safely service it's debt of $724.70M.
VRTX earnings of $4.42B is not sufficient to cover its interest payments.
VRTX has a low debt to equity ratio of 0.29.
Total VRTX debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than short-term liabilities on the VRTX balance sheet.
There are more short-term assets than long-term liabilities on the VRTX balance sheet.
Cons:
VRTX profit margin has gone down from 37.2% to 36.7% in the past year.
Do Wall Street analysts think it's a good time to buy VRTX stock
Out of 16 sell side analysts who give ratings on VRTX, the consensus analyst rating on VRTX is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent VRTX Analyst Forecasts
Liisa Bayko, a top 14% analyst from Evercore ISI Group upgrades VRTX to a buy rating and announces their VRTX price target of $438.00, on Apr 11, 2024.
Olivia Brayer, a bottom 13% analyst from Cantor Fitzgerald reiterates VRTX with a strong buy rating and maintains their VRTX price target from $440.00 to $440.00, on Feb 20, 2024.
Jessica Fye, a top 11% analyst from JP Morgan maintains VRTX with a strong buy rating and raises their VRTX price target from $438.00 to $450.00, on Feb 6, 2024.
Mohit Bansal, a top 9% analyst from Wells Fargo maintains VRTX with a strong buy rating and raises their VRTX price target from $500.00 to $540.00, on Feb 6, 2024.
Brian Abrahams, a top 4% analyst from RBC Capital maintains VRTX with a hold rating and raises their VRTX price target from $397.00 to $420.00, on Feb 6, 2024.
Last year, VRTX earnings were $3.62B. In the last five year, VRTX's earnings have gone up by 11.26% per year. This was slower than the Biotechnology industry average of 17.17%.
Last year, VRTX revenue was $9.87B. Over the past five year, VRTX's revenue has grown by 26.49% per year. This was slower than the Biotechnology industry average of 28.43%.
No, Vertex Pharmaceuticals doesn't provide an income stream by paying out dividends.
VRTX Social Trading Data
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Step 5: Execute your VRTX 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 mostly the best for newer investors.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you want additional help with investing in stocks on eToro, click the how to video below:
How much does it cost to buy one Vertex Pharmaceuticals share?
As of Apr 30, 2024, it costs $392.81 to buy one share of Vertex Pharmaceuticals stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.255 shares of VRTX.
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.