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How to Buy Vertex Pharmaceuticals Stock

Vertex Pharmaceuticals Inc

Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis.

Vertex Pharmaceuticals stock last closed at $302.66, up 1.24% from the previous day, and has increased 20.94% in one year. It has overperformed other stocks in the Biotechnology industry by 0.45 percentage points. Vertex Pharmaceuticals stock is currently +29.89% from its 52-week low of $233.01, and -6.93% from its 52-week high of $325.19.

There are currently 257.09M VRTX shares outstanding. The market capitalization of VRTX is $77.81B. In the last 24 hours, 937,583 VRTX shares were traded.

How to Buy Vertex Pharmaceuticals Stock

Wondering how to invest in Vertex Pharmaceuticals stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

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  2. Provide your personal details to open a new trading account.
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Step 3: Put funds into your brokerage account

Now that you've finished signing up on the best stock market app for beginners, you need to deposit funds:

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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
$302.66
1w %
2.51%
1y %
20.94%
5y %
77.68%
P/E
23.34x
P/B
5.59x
P/S
8.68x
PEG
7.47x
Revenue
$8.93B
Earnings
$3.32B
Fore. Rev. Growth
5.71%
Fore. Earn. Growth
3.13%
Market Cap
$77.81B
Next Earnings
May 3, 2023
Next Dividend
N/A

Fundamentals of VRTX

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.

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

Is VRTX stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge VRTX's intrinsic value.

Using relative valuations ratios:

  • VRTX may be overvalued based on its P/E ratio of 23.34x, relative to Biotechnology industry P/E ratio of 16.62x
  • VRTX may be overvalued based on its P/B ratio of 5.59x, relative to Biotechnology industry P/B ratio of 4.85x
  • VRTX may be overvalued based on its PEG ratio of 7.47x

You can access more valuation research on VRTX's stock here.

VRTX Financial Overview

Pros:

  • VRTX earnings of $4.29B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the VRTX balance sheet.
  • VRTX has a low debt to equity ratio of 0.31.
  • Total VRTX debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the VRTX balance sheet.
  • VRTX's operating cash flow of $4.13B allows it to safely service it's debt of $810.30M.
  • VRTX profit margin has gone up from 30.9% to 37.2% in the past year.

Do Wall Street analysts think it's a good time to buy VRTX stock

Out of 15 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

William Pickering, a bottom 47% analyst from Bernstein initiates coverage on VRTX with a buy rating and announces their VRTX price target of $344.00, on Mar 21, 2023.

Matthew Harrison, a bottom 4% analyst from Morgan Stanley maintains VRTX with a hold rating and lowers their VRTX price target from $286.00 to $285.00, on Feb 8, 2023.

Do Kim, a bottom 15% analyst from Piper Sandler maintains VRTX with a hold rating and maintains their VRTX price target from $296.00 to $296.00, on Feb 8, 2023.

Gena Wang, a top 18% analyst from Barclays maintains VRTX with a strong buy rating and raises their VRTX price target from $313.00 to $342.00, on Feb 8, 2023.

Andrew Fein, a top 24% analyst from HC Wainwright & Co. maintains VRTX with a buy rating and raises their VRTX price target from $300.00 to $326.00, on Feb 8, 2023.

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

Metrics for Advanced VRTX Traders

SMA10
294.03
SMA20
292.15
SMA50
299.29
SMA100
302.53
SMA200
294.17
MACD
0.25
MACD Signal
-1.6
MACD Histogram
1.85
RSI
59.26
Stochastic %K
83.14
Stochastic %D
82.41
StochRSI %K
84.87
StochRSI %D
85.45

Is VRTX Growing Revenue?

Last year, VRTX earnings were $3.32B. In the last five year, VRTX's earnings have gone up by 65.02% per year. This was faster than the Biotechnology industry average of 9.38%.

Last year, VRTX revenue was $8.93B. Over the past five year, VRTX's revenue has grown by 29.12% per year. This was slower than the Biotechnology industry average of 50.9%.

Dive into VRTX's earnings and revenue performance here.

Latest Insiders Trades at VRTX

In the last 12 months, executives and large shareholders at VRTX have sold more shares than they have bought.

Charles F. Wagner Jr., EVP Chief Financial Officer of VRTX, was the latest VRTX insider to sell. They sold $231,617.12 worth of VRTX shares on Mar 17, 2023.

Learn more about who owns VRTX stock here.

Can I rely on VRTX as an income stream?

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.

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Step 6: Get the latest scoop on your investment in VRTX

Now that you own some shares in VRTX, you'll want to stay up-to-date on your investment.

Create a watchlist to monitor your VRTX stock.

VRTX Feed

How to Buy Stock in Vertex Pharmaceuticals

To summarize, here are the 6 steps for buying Vertex Pharmaceuticals stock:

  1. Decide where to buy Vertex Pharmaceuticals stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research Vertex Pharmaceuticals stock
  5. Execute your VRTX purchase
  6. Get the latest scoop on your investment in VRTX

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If you would like to keep track of your investment in Vertex Pharmaceuticals, click below.

NASDAQ: VRTX
$302.66+3.71 (+1.24%)
Updated Mar 21, 2023
Open eToro Account
NASDAQ: VRTX
$302.66+3.71 (+1.24%)
Updated Mar 21, 2023
Open eToro Account

FAQ

How much does it cost to buy one Vertex Pharmaceuticals share?

As of Mar 21, 2023, it costs $302.66 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 0.33 shares of VRTX.

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Is now a good time to buy Vertex Pharmaceuticals stock?

According to 15 Wall Street analysts who monitor Vertex Pharmaceuticals, their consensus recommendation is to buy Vertex Pharmaceuticals stock.

What is the best way to buy Vertex Pharmaceuticals stock?

One way to place an order for Vertex Pharmaceuticals 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.