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How to Buy Aspen Technology Stock

Aspen Technology Inc

Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide.

Aspen Technology stock last closed at $200.73, down 1.67% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Software - Application industry by N/A percentage points. Aspen Technology stock is currently +15.49% from its 52-week low of $173.81, and -23.85% from its 52-week high of $263.59.

At the moment, there are 64.77M shares of AZPN outstanding. The market capitalization of AZPN is $13.00B. In the last 24 hours, 134,419 AZPN shares were traded.

How to Buy Aspen Technology Stock

Wondering how to invest in Aspen Technology stock? Here's how.
  1. Decide where to buy Aspen Technology stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Aspen Technology stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. Research Aspen Technology stock: The Aspen Technology ticker symbol is AZPN. Is Aspen Technology stock a good investment? Should you buy shares of AZPN? How do AZPN's underlying business fundamentals look? Do top analysts think Aspen Technology is a good buy? Why has AZPN's stock price moved recently? (Hint: Our stock analysis website can help you decide if AZPN is a good stock to buy).
  5. Place your AZPN trade: Decide if you will purchase AZPN shares at the current market price or use a limit order to purchase AZPN stock at a particular price.
  6. Keep an eye on your investment in AZPN: Create a watchlist to keep track of your investment in Aspen Technology shares.

Step 1: Decide where to buy Aspen Technology stock

You will need an online brokerage account to access the NASDAQ market and buy AZPN stock.

A brokerage account is an investment account that 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: Sign up for a brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal details so you can buy AZPN stock today.

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  1. Click here to get started.
  2. Input your personal info to start your new trading account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Fund your investment account

Now that you have finished signing up on the best stock buying app, you can securely and quickly fund your account:

Watch the walkthrough below if you need help depositing funds into your brokerage account.

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Step 4: Research Aspen Technology stock

Once you have figured out the best place to buy Aspen Technology stock, it's important to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.

Aspen Technology shares data

AZPN Price
$200.73
1w %
5.23%
1y %
N/A
5y %
N/A
P/E
2,509.13x
P/B
0.99x
P/S
20.06x
PEG
N/A
Revenue
$645.82M
Earnings
-$25.31M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$13.00B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of AZPN

WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on AZPN's stock page.

Is AZPN stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge AZPN's fair value.

Using relative valuations metrics:

  • AZPN could be overvalued based on its P/E ratio of 2,509.13x, relative to Software - Application industry P/E ratio of 46.14x
  • AZPN could be undervalued based on its P/B ratio of 0.99x, relative to Software - Application industry P/B ratio of 5.33x

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

AZPN Financial Health

Pros:

  • AZPN has a low debt to equity ratio of 0.13.
  • There are more short-term assets than short-term liabilities on the AZPN balance sheet.

Cons:

  • There are more long-term liabilities than short-term assets on the AZPN balance sheet.

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

Out of 8 sell side analysts who research AZPN, the consensus analyst rating on Aspen Technology is a Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

Most Recent AZPN Analyst Recommendations

Rob Oliver, a top 13% analyst from Baird maintains AZPN with a hold rating and lowers their AZPN price target from $224.00 to $202.00, on Jan 26, 2023.

Clarke Jeffries, a bottom 3% analyst from Piper Sandler maintains AZPN with a hold rating and lowers their AZPN price target from $240.00 to $195.00, on Jan 26, 2023.

Jason Celino, a bottom 5% analyst from KeyBanc maintains AZPN with a strong buy rating and lowers their AZPN price target from $280.00 to $244.00, on Jan 26, 2023.

Nay Soe Naing, a top 40% analyst from Berenberg initiates coverage on AZPN with a hold rating and announces their AZPN price target of $210.00, on Jan 11, 2023.

Gal Munda, a bottom 29% analyst from Wolfe Research initiates coverage on AZPN with a hold rating, on Aug 17, 2022.

You can dig deeper into what analysts are projecting on the Aspen Technology stock forecast page.

AZPN Trading Indicators

SMA10
197.84
SMA20
199.18
SMA50
209.48
SMA100
224.28
SMA200
N/A
MACD
-2.3
MACD Signal
-3.87
MACD Histogram
1.56
RSI
48.56
Stochastic %K
83.41
Stochastic %D
80.42
StochRSI %K
84.68
StochRSI %D
91.02

Who is buying/selling AZPN?

In the last year, executives and large shareholders at AZPN have sold more shares than they have bought.

Chantelle Yvette Breithaupt, SVP Chief Financial Officer of AZPN, was the latest AZPN insider to sell. They sold $163,879.14 worth of AZPN stock on Dec 30, 2022.

Learn more about who owns AZPN stock here.

Can I get consistent income from AZPN stock?

No, Aspen Technology doesn't provide an income stream by paying out dividends.

What do other investors have to say about AZPN?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Place your AZPN trade

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 generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Keep an eye on your investment in AZPN

Now that you own some AZPN shares, you'll want to keep up with your investment.

Create a watchlist to get alerted to the latest events about your AZPN stock.

AZPN Feed

How to Buy Stock in Aspen Technology

To reiterate, here are the 6 steps you need to take to buy Aspen Technology stock right now:

  1. Decide where to buy Aspen Technology stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Research Aspen Technology stock
  5. Place your AZPN trade
  6. Keep an eye on your investment in AZPN

If you are looking for a place to buy stocks, eToro is our favorite option.

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If you want to monitor your investment in Aspen Technology, click the button below.

NASDAQ: AZPN
$200.73-3.41 (-1.67%)
Updated Feb 3, 2023
Open eToro Account
NASDAQ: AZPN
$200.73-3.41 (-1.67%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Aspen Technology share?

As of Feb 3, 2023, it costs $200.73 to buy one share of Aspen Technology 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 0.498 shares of AZPN.

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Is now a good time to buy Aspen Technology stock?

According to 8 Wall Street analysts who monitor Aspen Technology, their consensus recommendation is to buy Aspen Technology stock.

What is the best way to buy Aspen Technology stock?

One way to place an order for Aspen Technology 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.