Aspen Technology, Inc., together with its subsidiaries, operates as an asset optimization software company in the United States, Europe, and internationally. The company operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance that are integrated applications, which allow end users to design process manufacturing environments, monitor operational performances, respond and adapt to operational changes, predict asset reliability and equipment failure, and manage planning and scheduling activities, as well as collaborate across these functions and activities. It also provides software maintenance and support, professional, and training services. The company's customers comprise companies that are engaged in the process and other capital-intensive industries, such as energy, chemicals, engineering, and construction, as well as pharmaceuticals, transportation, power, metals and mining, pulp and paper, and consumer packaged goods. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400
Debt
Debt-to-Equity RatioN/A
Current Ratio0.26
Quick Ratio0.26
Price-To-Earnings
Trailing P/E Ratio50.49
Forward P/E Ratio36.49
P/E Growth2.42
Sales & Book Value
Annual Sales$499.51 million
Price / Sales14.79
Cash Flow$2.0064 per share
Price / Cash51.84
Book Value($3.98) per share
Price / Book-26.13
Profitability
EPS (Most Recent Fiscal Year)$2.06
Net Income$148.68 million
Net Margins29.77%
Return on Equity-53.91%
Return on Assets65.48%
Miscellaneous
Employees1,466
Outstanding Shares71,010,000
Market Cap$8.09 billion
Aspen Technology (NASDAQ:AZPN) Frequently Asked Questions
What is Aspen Technology's stock symbol?
Aspen Technology trades on the NASDAQ under the ticker symbol "AZPN."
How were Aspen Technology's earnings last quarter?
Aspen Technology, Inc. (NASDAQ:AZPN) issued its quarterly earnings results on Wednesday, August, 8th. The technology company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.03. The technology company earned $125.96 million during the quarter, compared to analysts' expectations of $125.60 million. Aspen Technology had a net margin of 29.77% and a negative return on equity of 53.91%. The business's quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the business earned $0.79 EPS. View Aspen Technology's Earnings History.
When is Aspen Technology's next earnings date?
How can I listen to Aspen Technology's earnings call?
Aspen Technology will be holding an earnings conference call on Wednesday, October 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8337136081.
What price target have analysts set for AZPN?
7 Wall Street analysts have issued twelve-month target prices for Aspen Technology's stock. Their forecasts range from $65.00 to $114.00. On average, they anticipate Aspen Technology's share price to reach $94.5714 in the next year. This suggests that the stock has a possible downside of 9.1%. View Analyst Price Targets for Aspen Technology.
What is the consensus analysts' recommendation for Aspen Technology?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Aspen Technology.
Are investors shorting Aspen Technology?
Aspen Technology saw a decrease in short interest in September. As of September 28th, there was short interest totalling 837,970 shares, a decrease of 27.1% from the September 14th total of 1,149,098 shares. Based on an average daily trading volume, of 476,897 shares, the short-interest ratio is currently 1.8 days. Approximately 1.2% of the company's shares are short sold. View Aspen Technology's Current Options Chain.
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Wipro (WIT), Verisign (VRSN), NTT DATA Corp/ADR (NTDTY), Amdocs (DOX), Obic (OBIIF), EPAM Systems (EPAM), GEMALTO NV/S (GTOMY), Zscaler (ZS), Syntel (SYNT), Sogou (SOGO), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), Endava (DAVA) and PROS (PRO).
Who are Aspen Technology's key executives?
Aspen Technology's management team includes the folowing people:
- Mr. Antonio J. Pietri, Pres, CEO & Director (Age 52)
- Mr. Karl E. Johnsen, Sr. VP & CFO (Age 50)
- Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 58)
- Mr. Gary Weiss, Chief Operating Officer (Age 51)
- Mr. Willie K. Chan, Chief Technology Officer
Who are Aspen Technology's major shareholders?
Aspen Technology's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.24%), Atria Investments LLC (0.01%), Bank of Montreal Can (0.01%), Fox Run Management L.L.C. (0.00%), Cerebellum GP LLC (0.00%) and Hexavest Inc. (0.00%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Joan C Mcardle, Jr Robert M Whelan, Karl E Johnsen, R Halsey Wise and William Griffin. View Institutional Ownership Trends for Aspen Technology.
Which major investors are selling Aspen Technology stock?
AZPN stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc. and Bank of Montreal Can. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Jr Robert M Whelan and Karl E Johnsen. View Insider Buying and Selling for Aspen Technology.
Which major investors are buying Aspen Technology stock?
How do I buy shares of Aspen Technology?
Shares of AZPN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Aspen Technology's stock price today?
One share of AZPN stock can currently be purchased for approximately $104.01.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $8.09 billion and generates $499.51 million in revenue each year. The technology company earns $148.68 million in net income (profit) each year or $2.06 on an earnings per share basis. Aspen Technology employs 1,466 workers across the globe.
What is Aspen Technology's official website?
How can I contact Aspen Technology?
Aspen Technology's mailing address is 20 Crosby Drive, Bedford MA, 01730. The technology company can be reached via phone at 781-221-6400.
MarketBeat Community Rating for Aspen Technology (NASDAQ AZPN)
MarketBeat's community ratings are surveys of what our community members think about Aspen Technology and other stocks. Vote "Outperform" if you believe AZPN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AZPN will underperform the S&P 500 over the long term. You may vote once every thirty days.
