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NASDAQ:AZPN

Aspen Technology (AZPN) Stock Price, News & Analysis

$221.13
-0.01 (0.00%)
(As of 02:54 PM ET)
Today's Range
$219.66
$221.74
50-Day Range
$188.77
$221.94
52-Week Range
$161.32
$224.77
Volume
53,561 shs
Average Volume
214,120 shs
Market Capitalization
$14.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$219.50

Aspen Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.9% Downside
$219.50 Price Target
Short Interest
Bearish
5.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.43
Upright™ Environmental Score
News Sentiment
0.61mentions of Aspen Technology in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.81%
From $5.52 to $5.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

Computer And Technology Sector

489th out of 586 stocks

Custom Computer Programming Services Industry

17th out of 21 stocks

AZPN stock logo

About Aspen Technology Stock (NASDAQ:AZPN)

Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.

AZPN Stock Price History

AZPN Stock News Headlines

Aspen Technology (NASDAQ:AZPN) Raised to Buy at Berenberg Bank
Beyond The Numbers: 4 Analysts Discuss Aspen Technology Stock
AZPN Factor-Based Stock Analysis
See More Headlines
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Company Calendar

Last Earnings
10/26/2021
Today
5/21/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/06/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Application Software
Current Symbol
NASDAQ:AZPN
CUSIP
04532710
Employees
1,014
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$219.50
High Stock Price Target
$255.00
Low Stock Price Target
$180.00
Potential Upside/Downside
-0.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-107,760,000.00
Pretax Margin
-6.70%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$12.44 per share
Book Value
$201.50 per share

Miscellaneous

Free Float
62,695,000
Market Cap
$14.00 billion
Optionable
Optionable
Beta
0.76

Social Links

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Key Executives

  • Mr. Antonio J. PietriMr. Antonio J. Pietri (Age 58)
    President, CEO & Director
    Comp: $1.4M
  • Mr. Mark Mouritsen (Age 56)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $474.84k
  • Mr. Manish Chawla (Age 51)
    Senior VP & Chief Customer Officer
    Comp: $614.26k
  • Mr. Christopher Stagno CPA (Age 48)
    Senior VP, Chief Accounting Officer & Interim CFO
  • Mr. Stuart Harris
    Senior VP and Chief Marketing & Strategy Officer
  • Ms. Sophia Xu
    Chief Corporate Development Officer
  • Mr. Filipe Soares-Pinto
    Senior Vice President of Global Sales
  • Ms. Sharon Vinci
    Chief Human Resource Officer
  • Mr. Steve Santy M.Sc.
    Chief Integration Officer
  • Ms. Rasha Hasaneen
    Chief Product & Sustainability Officer

AZPN Stock Analysis - Frequently Asked Questions

Should I buy or sell Aspen Technology stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AZPN shares.
View AZPN analyst ratings
or view top-rated stocks.

What is Aspen Technology's stock price target for 2024?

6 brokers have issued twelve-month price targets for Aspen Technology's stock. Their AZPN share price targets range from $180.00 to $255.00. On average, they expect the company's share price to reach $219.50 in the next year. This suggests that the stock has a possible downside of 0.9%.
View analysts price targets for AZPN
or view top-rated stocks among Wall Street analysts.

How have AZPN shares performed in 2024?

Aspen Technology's stock was trading at $220.15 at the start of the year. Since then, AZPN shares have increased by 0.6% and is now trading at $221.58.
View the best growth stocks for 2024 here
.

When is Aspen Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our AZPN earnings forecast
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) announced its quarterly earnings results on Tuesday, October, 26th. The technology company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.12. The technology company earned $136 million during the quarter, compared to the consensus estimate of $125.23 million. Aspen Technology had a positive trailing twelve-month return on equity of 2.76% and a negative net margin of 2.46%. The business's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 earnings per share.

What guidance has Aspen Technology issued on next quarter's earnings?

Aspen Technology updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 6.290- for the period, compared to the consensus EPS estimate of 6.540. The company issued revenue guidance of $1.1 billion-, compared to the consensus revenue estimate of $1.1 billion.

What is Antonio Pietri's approval rating as Aspen Technology's CEO?

225 employees have rated Aspen Technology Chief Executive Officer Antonio Pietri on Glassdoor.com. Antonio Pietri has an approval rating of 69% among the company's employees. 64.0% of employees surveyed would recommend working at Aspen Technology to a friend.

What other stocks do shareholders of Aspen Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aspen Technology investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ) and Procter & Gamble (PG).

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.27%), Nordea Investment Management AB (1.42%), Bamco Inc. NY (0.85%), Clearbridge Investments LLC (0.78%), Sumitomo Mitsui Trust Holdings Inc. (0.63%) and Jackson Square Partners LLC (0.50%). Insiders that own company stock include Antonio J Pietri, Donald P Casey, F G Hammond, John Hague and Jr Robert M Whelan.
View institutional ownership trends
.

How do I buy shares of Aspen Technology?

Shares of AZPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Aspen Technology have any subsidiaries?
The following companies are subsidiares of Aspen Technology: Apex Optimisation, Apex Optimisation Inc., Apex Optimisation Ltd., Apex Optimisation SRO, Apex Optimisation Technologies B.V., Apex Optimisation UK Ltd., Argent & Waugh Ltd., Aspen Tech India Private Ltd., Aspen Tech de Mexico S. de R.L. de C.V., Aspen Technology (Asia) Inc., Aspen Technology Australia Pty. Ltd., Aspen Technology International Inc., Aspen Technology LLC, Aspen Technology S.A.S., Aspen Technology S.L., Aspen Technology Services Corporation, AspenTech (Beijing) Ltd., AspenTech (Shanghai) Ltd., AspenTech (Thailand) Ltd., AspenTech Africa (Pty.) Ltd., AspenTech Argentina S.R.L., AspenTech Canada Corporation, AspenTech Canada Holdings LLC, AspenTech Europe B.V., AspenTech Europe S.A./N.V., AspenTech Holding Corporation, AspenTech Japan Co. Ltd., AspenTech Ltd., AspenTech Pte. Ltd., AspenTech S.r.l., AspenTech Software Brasil Ltda., AspenTech Software Corporation, AspenTech Solutions Sdn. Bhd., AspenTech Venezuela C.A., Hyprotech, Hyprotech UK Ltd., Mtell, Mtelligence Corporation, Petrolsoft, RtTech Software - Cipher IoT, Sabisu Ltd., The Fidelis Group, The Fidelis Group LLC, and mnubo.
Read More
This page (NASDAQ:AZPN) was last updated on 5/21/2024 by MarketBeat.com Staff

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