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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 $445.21, up 1.04% from the previous day, and has increased 30.48% in one year. It has overperformed other stocks in the Biotechnology industry by 0.5 percentage points. Vertex Pharmaceuticals stock is currently +39.12% from its 52-week low of $320.01, and -0.71% from its 52-week high of $448.40.

There are currently 258.05M VRTX shares outstanding. The market capitalization of VRTX is $114.89B. In the last 24 hours, 1.38M 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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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
$445.21
1w %
5.31%
1y %
30.48%
5y %
163.86%
P/E
28.58x
P/B
6.19x
P/S
11.29x
PEG
N/A
Revenue
$10.19B
Earnings
$4.02B
Fore. Rev. Growth
7.42%
Fore. Earn. Growth
-1.02%
Market Cap
$114.89B
Next Earnings
N/A
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 28.58x, relative to Biotechnology industry P/E ratio of 8.47x
  • VRTX may be overvalued based on its P/B ratio of 6.19x, relative to Biotechnology industry P/B ratio of 6.01x

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

VRTX Financial Health

Pros:

  • VRTX earnings of $4.81B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the VRTX balance sheet.
  • VRTX profit margin has gone up from 35.4% to 39.5% in the past year.
  • VRTX's operating cash flow of $3.94B allows it to safely service it's debt of $721.30M.
  • VRTX has a low debt to equity ratio of 0.29.
  • There are more short-term assets than long-term liabilities on the VRTX balance sheet.
  • Total VRTX debt is lower than 5 years ago, relative to shareholder equity.

Is it a good time to buy Vertex Pharmaceuticals stock, according to Wall Street analysts?

Out of 15 sell side analysts who give ratings on VRTX, the consensus analyst rating on Vertex Pharmaceuticals is a Strong Buy

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

Latest VRTX Analyst Recommendations

Hartaj Singh, a top 23% analyst from Oppenheimer maintains VRTX with a buy rating and maintains their VRTX price target from $500.00 to $500.00, on Apr 15, 2024.

Whitney Ijem, a top 11% analyst from Canaccord Genuity maintains VRTX with a strong sell rating and maintains their VRTX price target from $371.00 to $371.00, on Apr 12, 2024.

Liisa Bayko, a top 15% 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 top 31% 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.

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

VRTX Technical Indicators

SMA10
425.52
SMA20
412.42
SMA50
409.66
SMA100
416.92
SMA200
388.12
MACD
9.17
MACD Signal
4.54
MACD Histogram
4.63
RSI
79.02
Stochastic %K
97.53
Stochastic %D
96.85
StochRSI %K
100
StochRSI %D
98.78

VRTX Revenue

Last year, VRTX earnings were $4.02B. Over the past five year, VRTX's earnings have increased by 12.96% per year. This was faster than the Biotechnology industry average of 9.87%.

Last year, VRTX revenue was $10.19B. Over the last 5 year, VRTX's revenue has gone up by 25.55% per year. This was slower than the Biotechnology industry average of 32.19%.

Dig into VRTX's earnings and revenue performance here.

Are VRTX insiders buying or selling the stock?

Over the past year, insiders at VRTX have sold more shares than they have bought.

David Altshuler, EVP Chief Scientific Officer of VRTX, was the latest VRTX insider to sell. They sold $23,270.22 worth of VRTX shares on May 15, 2024.

Research more about who owns VRTX shares here.

Does VRTX provide a stable income stream?

No, Vertex Pharmaceuticals doesn't provide an income stream by paying out dividends.

What others are saying about VRTX

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Step 5: Execute your VRTX purchase

You have 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 price limit, place a limit order.

Press the Open button and your broker will execute the order.

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

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

Start a watchlist to keep tabs on your VRTX stock.

VRTX Feed

How to Buy Stock in Vertex Pharmaceuticals

To reiterate, here are the 6 steps to buy stock in Vertex Pharmaceuticals:

  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

If you need a brokerage account, eToro is our recommended option.

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 get notifications regarding your new investment in Vertex Pharmaceuticals, get started below.

NASDAQ: VRTX
$445.21+4.57 (+1.04%)
Updated May 17, 2024
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NASDAQ: VRTX
$445.21+4.57 (+1.04%)
Updated May 17, 2024
Open eToro Account

FAQ

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

As of May 17, 2024, it costs $445.21 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 0.225 shares of VRTX.

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 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.