How to Buy Viemed Healthcare Stock
Viemed Healthcare Inc
Viemed Healthcare, Inc. , through its subsidiaries, provides in-home durable medical equipment (DME) and post-acute respiratory healthcare services to patients in the United States.
Viemed Healthcare stock last closed at $8.19, down 1.92% from the previous day, and has decreased 24.52% in one year. It has underperformed other stocks in the Medical Devices industry by 0.12 percentage points. Viemed Healthcare stock is currently +38.81% from its 52-week low of $5.90, and -26.08% from its 52-week high of $11.08.
As of May 2, 2024, there are 38.76M VMD shares outstanding. The market capitalization of VMD is $317.42M. In the past 24 hours, 92,450 VMD shares were traded.
How to Buy Viemed Healthcare Stock
Not sure how to invest in Viemed Healthcare stock? Here's how.
- Choose where to buy Viemed Healthcare stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Viemed Healthcare stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Viemed Healthcare stock: The Viemed Healthcare ticker symbol is VMD. Is Viemed Healthcare stock a good investment? Should you buy shares of VMD? How do VMD's underlying business fundamentals look? Do top analysts think Viemed Healthcare is a good buy? Why has VMD's stock price moved recently? (Hint: Our stock research website can help you figure out if VMD is a good stock to buy).
- Make your VMD purchase: Decide if you will purchase VMD shares at the current market price or use a limit order to buy VMD stock at a given price.
- Monitor your investment in VMD: Create a watchlist to key updates about your investment in Viemed Healthcare shares.
Step 1: Choose where to buy Viemed Healthcare stock
You will need a brokerage account to access the NASDAQ market and buy VMD shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you are able to buy VMD 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.
- Provide your personal info to open your new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Check out the tutorial below for more details depositing money into your new brokerage account.
Step 4: Evaluate Viemed Healthcare stock
After you have selected the best place to buy Viemed Healthcare stock, it's very important to evaluate their stock prior to investing, so you can comprehend the risk and upside.
Viemed Healthcare Numbers
VMD Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on VMD's stock page.
Is VMD stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge VMD's true value.
Using relative valuations metrics:
- VMD may be overvalued based on its P/E ratio of 30.33x, relative to Medical Devices industry P/E ratio of 28.83x
- VMD may be undervalued based on its P/B ratio of 2.79x, relative to Medical Devices industry P/B ratio of 3.68x
- VMD may be overvalued based on its PEG ratio of 26.83x
You can access additional valuation analysis on VMD's stock here.
VMD Financial Overview
Pros:
- VMD profit margin has gone up from 4.5% to 5.6% in the past year.
- VMD has a low debt to equity ratio of 0.36.
- There are more short-term assets than short-term liabilities on the VMD balance sheet.
- There are more short-term assets than long-term liabilities on the VMD balance sheet.
- Total VMD debt is lower than 5 years ago, relative to shareholder equity.
- VMD's operating cash flow of $45.21M allows it to safely service it's debt of $10.32M.
- VMD earnings of $14.82M is not enough to cover its interest payments.
You can dive deeper into what analysts are saying on the Viemed Healthcare stock forecast page.
VMD Technicals
VMD Earnings
Last year, VMD earnings were $10.24M. During the last five year, VMD's earnings have gone up by 1.55% per year. This was slower than the Medical Devices industry average of 8.96%.
Last year, VMD revenue was $183.01M. Over the last five year, VMD's revenue has grown by 23.21% per year. This was faster than the Medical Devices industry average of 13.04%.
Dive into VMD's earnings and revenue performance here.
Who is buying/selling VMD?
Over the last 12 months, insiders at VMD have sold more shares than they have bought.
Jerome Cambre, Vice President of Sales of VMD, was the latest VMD insider to sell. They sold $22,882.86 worth of VMD stock on Jan 18, 2024.
Research more about who owns VMD shares here.
Does VMD stock generate passive income?
No, Viemed Healthcare doesn't provide an income stream by paying out dividends.
What do other investors have to say about VMD?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your VMD purchase
You have two primary options:
- 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 ensure you're buying or selling at a particular price, use a limit order.
Click the Open button and eToro will execute the order.
If you require more help with buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in VMD
Now that you own some VMD shares, you'll want to keep up with your company.
Make a watchlist to get the latest updates about your VMD stock.
VMD Feed
How to Buy Stock in Viemed Healthcare
To reiterate, here are the 6 steps for buying Viemed Healthcare stock:
- Choose where to buy Viemed Healthcare stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Viemed Healthcare stock
- Make your VMD purchase
- Monitor your investment in VMD
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Viemed Healthcare, create a watchlist today.
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