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.
- 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.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your info.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Input your personal info to start your new trading account.
- Submit your application by pressing the "Create Account" button.
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.
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
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
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.
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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.
If you require additional assistance investing in stocks on eToro, click the how to video below:
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:
- Decide where to buy Aspen Technology stock
- Sign up for a brokerage account
- Fund your investment account
- Research Aspen Technology stock
- Place your AZPN trade
- Keep an eye on your investment in AZPN
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your investment in Aspen Technology, click the button below.
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