How to Buy Stepstone Group Stock
Stepstone Group Inc
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments.
Stepstone Group stock last closed at $35.34, down 1.34% from the previous day, and has increased 55.55% in one year. It has overperformed other stocks in the Asset Management industry by 0.63 percentage points. Stepstone Group stock is currently +78.21% from its 52-week low of $19.83, and -7.6% from its 52-week high of $38.25.
There are currently 110.39M shares of STEP outstanding. The market cap of STEP is $3.90B. In the last 24 hours, 635,904 STEP shares were traded.
How to Buy Stepstone Group Stock
Not sure how to invest in Stepstone Group stock? Here's how.
- Choose where to buy Stepstone Group stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Stepstone Group stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Analyze Stepstone Group stock: The Stepstone Group ticker symbol is STEP. Is Stepstone Group stock a good investment? Should you buy shares of STEP? How do STEP's underlying business fundamentals look? Do top analysts think Stepstone Group is a good buy? Why has STEP's stock price moved recently? (Hint: Our stock market research website can help you decide if STEP is a good stock to buy).
- Place your STEP buy order: Decide if you will purchase STEP shares at the current market price or use a limit order to buy STEP stock at a particular price.
- Watch your STEP investment: Create a watchlist to watch your investment in Stepstone Group stock.
Step 1: Choose where to buy Stepstone Group stock
You need an online brokerage account to access the NASDAQ market and buy STEP stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you can invest in STEP stock today.
How to Set Up a New Investment 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.
- Input your personal data to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on one of the best stock apps, you need to deposit funds:
Check out this video walkthrough for more details depositing money into your new investment account.
Step 4: Analyze Stepstone Group stock
Once you have identified the best place to buy Stepstone Group stock, it's critical to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Stepstone Group stock data
STEP Fundamentals
WallStreetZen was designed to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on STEP's stock page.
Is STEP stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge STEP's true value.
Using relative valuations ratios:
- STEP could be overvalued based on its P/E ratio of 38.84x, relative to Asset Management industry P/E ratio of 29.98x
- STEP may be overvalued based on its P/B ratio of 5.12x, relative to Asset Management industry P/B ratio of 2.3x
- STEP could be undervalued based on its PEG ratio of 0.52x
You can access additional valuation analysis on STEP's stock here.
STEP Financials at a glance
Positive Health Checks:
- STEP earnings of $90.72M is not sufficient to cover its interest payments.
- STEP profit margin has gone up from -4.3% to 10.6% in the past year.
- STEP's operating cash flow of $153.38M allows it to safely service it's debt of $242.15M.
Negative Health Checks:
- STEP has a relatively high debt to equity ratio of 2.37.
Is Stepstone Group stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Wall Street analysts who monitor STEP, the consensus analyst rating on STEP is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest STEP Analyst Forecasts
Michael Cyprys, a bottom 9% analyst from Morgan Stanley maintains STEP with a hold rating and raises their STEP price target from $28.00 to $35.00, on Jan 24, 2024.
You can dig deeper into what analysts are saying on the Stepstone Group stock forecast page.
STEP Technicals
STEP Growth Metrics
Last year, STEP earnings were $56.07M. In the last two year, STEP's earnings have gone up by -55.81% per year. This was slower than the Asset Management industry average of 7.1%.
Last year, STEP revenue was $527.20M. Over the last three year, STEP's revenue has gone up by -42.96% per year. This was slower than the Asset Management industry average of 20.46%.
Find out more about STEP's earnings and revenue performance here.
Latest Insiders Trades at STEP
In the past year, executives and large shareholders at STEP have sold more shares than they have bought.
Thomas Keck, Director of STEP, was the latest STEP insider to sell. They sold $131,026.18 worth of STEP stock on Feb 26, 2024.
Get more info about who owns STEP shares here.
Can I get consistent income from STEP stock?
No, Stepstone Group doesn't provide an income stream by paying out dividends.
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Step 5: Place your STEP buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Watch your STEP investment
Now that you own some STEP stock, you'll want to keep up with your new investment.
Put STEP on a watchlist to get notified of the latest news about your STEP stock.
STEP Feed
How to Buy Stock in Stepstone Group
To reiterate, here are the 6 steps to buy stock in Stepstone Group:
- Choose where to buy Stepstone Group stock
- Open a brokerage account
- Deposit funds into your investment account
- Analyze Stepstone Group stock
- Place your STEP buy order
- Watch your STEP investment
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Stepstone Group, click the button below.
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