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 $57.16, up 1.1% from the previous day, and has increased 65.87% in one year. It has overperformed other stocks in the Asset Management industry by 0.55 percentage points. Stepstone Group stock is currently +68.51% from its 52-week low of $33.92, and -18.78% from its 52-week high of $70.38.
There are currently 115.98M shares of STEP outstanding. The market cap of STEP is $6.63B. In the last 24 hours, 520,110 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/B ratio of 31.59x, relative to Asset Management industry P/B ratio of 2.86x
You can do additional valuation analysis on STEP's stock here.
A quick look at STEP Financials
Positive Health Checks:
- STEP's operating cash flow of $139.08M allows it to safely service it's debt of $281.12M.
Negative Health Checks:
- STEP profit margin has gone down from 10.6% to -11.3% in the past year.
- STEP earnings of -$152.11M is not sufficient to cover its interest payments.
- STEP has a relatively high debt to equity ratio of 12.42.
Do Wall Street analysts think it's a good time to buy STEP stock
Out of 7 Equities analysts who give recommendations on STEP, the consensus analyst rating on STEP is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest STEP Analyst Forecasts
Adam Beatty, a bottom 16% analyst from UBS maintains STEP with a hold rating and raises their STEP price target from $55.00 to $65.00, on Oct 22, 2024.
Kenneth Worthington, a top 19% analyst from JP Morgan maintains STEP with a strong buy rating and raises their STEP price target from $56.00 to $61.00, on Oct 1, 2024.
You can dig deeper into what analysts are projecting on the Stepstone Group stock forecast page.
STEP Technicals
STEP Growth Metrics
Last year, STEP revenue was $1.15B. In the last 4 year, STEP's revenue has increased by 19.15% per year. This was faster than the Asset Management industry average of 17.12%.
You can research STEP's earnings and revenue performance here.
Latest Insiders Trades at STEP
Over the last year, insiders at STEP have sold more shares than they have bought.
Scott W. Hart, Chief Executive Officer of STEP, was the latest STEP insider to sell. They sold $415,654.00 worth of STEP shares on Feb 20, 2025.
Research more about who owns STEP shares here.
Can I get consistent income from STEP stock?
Stepstone Group pays a dividend of 0.84%, compared to the Asset Management industry's average dividend yield of 6.1%. If you owned $1,000 worth of STEP stock, you would have been paid $8.40 last year.
Get more info about Stepstone Group dividend yield and history here.
What others are saying about STEP
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your STEP buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Watch your STEP investment
Now that you own some STEP stock, you'll want to keep up with your investment.
Create a watchlist to get notified of important updates regarding your STEP stock.
STEP Feed
How to Buy Stock in Stepstone Group
To summarize, here are the 6 steps you need to take to buy Stepstone Group stock right now:
- 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 require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Stepstone Group, get started below.
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