WallStreetZenWallStreetZen

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 $191.71, down 0.62% from the previous day, and has increased 7.32% in one year. It has underperformed other stocks in the Software - Application industry by 0.09 percentage points. Aspen Technology stock is currently +18.15% from its 52-week low of $162.26, and -14.71% from its 52-week high of $224.77.

At the moment, there are 63.33M AZPN shares outstanding. The market cap of AZPN is $12.14B. In the last 24 hours, 313,878 AZPN shares were traded.

How to Buy Aspen Technology Stock

Not sure how to invest in Aspen Technology stock? Here's how.
  1. Decide where to buy Aspen Technology stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out 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 identified.
  3. Fund your investment account: Pick your method of payment and add your details.
  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 research tools 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 shares at a specific price.
  6. Keep an eye on your investment in AZPN: Create a watchlist to get the latest news on your position in Aspen Technology shares.

Step 1: Decide where to buy Aspen Technology stock

You will need a 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 number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our research, eToro is the best online stock brokerage. Here's why:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world markets: From Technology to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in AZPN stock today.

How to Set Up a New Brokerage Account on eToro

  1. 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.
  2. Provide your personal details to start a new trading account.
  1. Send your info by clicking the "Create Account" button.
  2. 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.

Step 3: Fund your investment account

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

Check out the video below to see the process of transferring money into your new brokerage account.

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.

Step 4: Research Aspen Technology stock

Once you have identified the best place to buy Aspen Technology stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.

Aspen Technology quick stats

AZPN Price
$191.71
1w %
-1.61%
1y %
7.32%
5y %
N/A
P/E
-435.7x
P/B
0.95x
P/S
11.02x
PEG
N/A
Revenue
$1.11B
Earnings
-$27.15M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$12.14B
Next Earnings
Aug 2, 2024
Next Dividend
N/A

AZPN Fundamentals

WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.

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

Is AZPN stock properly valued?

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

Using relative valuations ratios:

  • AZPN could be undervalued based on its P/B ratio of 0.95x, relative to Software - Application industry P/B ratio of 6.3x

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

AZPN Financial Health

Pros:

  • AZPN's operating cash flow of $298.51M allows it to safely service it's debt of $95.06M.
  • There are more short-term assets than short-term liabilities on the AZPN balance sheet.
  • AZPN profit margin has gone up from -8.1% to -2.5% in the past year.
  • AZPN has a low debt to equity ratio of 0.1.

Cons:

  • AZPN earnings of -$54.96M is not sufficient to cover its interest payments.
  • 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 3 sell side analysts who give ratings on AZPN, the consensus analyst rating on Aspen Technology is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

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

Metrics for Advanced AZPN Traders

SMA10
194.28
SMA20
195.81
SMA50
203.6
SMA100
202.74
SMA200
198.14
MACD
-2.02
MACD Signal
-2.35
MACD Histogram
0.32
RSI
43.51
Stochastic %K
46.77
Stochastic %D
63.86
StochRSI %K
56.08
StochRSI %D
75

AZPN Performance Numbers

Last year, AZPN revenue was $1.11B. During the past two year, AZPN's revenue has increased by 85.63% per year. This was faster than the Software - Application industry average of 30.35%.

You can research AZPN's earnings and revenue performance here.

Who is buying/selling AZPN?

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

Mark Edgar Mouritsen, SVP Chief Legal Officer of AZPN, was the latest AZPN insider to sell. They sold $40,963.23 worth of AZPN stock on Jun 28, 2024.

Learn more about who owns AZPN shares here.

Does AZPN provide a stable income stream?

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

Get analysis from other traders

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your AZPN trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • 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 an exact price limit, place a limit order.

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

If you want additional info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep an eye on your investment in AZPN

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

Start a watchlist to track the latest developments regarding your AZPN stock.

AZPN Feed

How to Buy Stock in Aspen Technology

To reiterate, here are the 6 steps to buy Aspen Technology stock:

  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 need a online brokerage, 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 want to get the latest news on your new investment in Aspen Technology, add AZPN to your watchlist below.

NASDAQ: AZPN
$191.71-1.19 (-0.62%)
Updated Jul 19, 2024
Open eToro Account
NASDAQ: AZPN
$191.71-1.19 (-0.62%)
Updated Jul 19, 2024
Open eToro Account

FAQ

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

As of Jul 19, 2024, it costs $191.71 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 0.522 shares of AZPN.

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 Aspen Technology stock?

According to 3 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.