How to buy Appen (APX) shares
Learn how to easily invest in Appen shares.
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Appen is an information technology services business based in Australia. Appen shares (APX) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Appen has a trailing 12-month revenue of around $447.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Appen
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Appen. Find the share by name or ticker symbol: APX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Appen reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Appen. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
Appen stock price (ASX:APX)Use our graph to track the performance of APX stocks over time.
Appen shares at a glance
|52-week range||$4.71 - $14.4895|
|50-day moving average||$6.416|
|200-day moving average||$8.6263|
|Dividend yield||$0.073 (1.9%)|
|Earnings per share (TTM)||$0.333|
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Is it a good time to buy Appen stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Appen price performance over time
|1 week (2022-06-20)||10.21%|
|1 month (2022-05-27)||-2.60%|
|3 months (2022-03-25)||-8.74%|
|6 months (2021-12-24)||-40.74%|
|1 year (2021-06-25)||-56.10%|
|2 years (2020-06-26)||-81.68%|
|3 years (2019-06-27)||-76.73%|
|5 years (2017-06-27)||68.07%|
Is Appen under- or over-valued?
Valuing Appen stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Appen's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Appen's P/E ratio
Appen's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Appen shares trade at around 18x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Appen's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $73.6 million (£0.0 million).
The EBITDA is a measure of a Appen's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$447.3 million|
|Operating margin TTM||9.79%|
|Gross profit TTM||$107.1 million|
|Return on assets TTM||5.7%|
|Return on equity TTM||7.45%|
|Market capitalisation||$728 million|
TTM: trailing 12 months
Appen share dividends
Dividend payout ratio: 2% of net profits
Recently Appen has paid out, on average, around 2% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Appen shareholders could enjoy a 1.9% return on their shares, in the form of dividend payments. In Appen's case, that would currently equate to about A$0.073 per share.
While Appen's payout ratio might seem low, this can signify that Appen is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 1 March 2022 (the "ex-dividend date").
Appen share price volatility
Over the last 12 months, Appen's shares have ranged in value from as little as $4.71 up to $14.4895. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Appen's is 0.9024. This would suggest that Appen's shares are less volatile than average (for this exchange).
Appen Limited, together with its subsidiaries, operates as an AI lifecycle company that collects and labels image, text, speech, audio, video, and other data used to build and enhance artificial intelligence systems. It operates through two segments, Global Services and New Markets. The company offers data sourcing services, including image, video, speech, and text data collection services pre-labeled datasets of audio, image, video, and text; and language-based AI solutions. It also provides data preparation services comprising machine learning assisted data annotation tools, which include image annotation, video annotation, text, sensor, audio annotation, and other solutions; enterprise-ready data annotation platform, which offers smart labeling, workflows, in-platform audit, and enterprise analytics; and knowledge graph and ontology support services. The company was formerly known as Appen Holdings Pty Limited and changed its name to Appen Limited in October 2014. Appen Limited was founded in 1996 and is headquartered in Chatswood, Australia.
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