Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. It 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 Management, which are integrated applications that allow end users to design process manufacturing environments, forecast and simulate potential actions, monitor operational performances, predict the reliability of an asset 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 include companies that are engaged in the process and other industries, including 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
Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400
Debt
Debt-to-Equity RatioN/A
Current Ratio0.23
Quick Ratio0.23
Price-To-Earnings
Trailing P/E Ratio44.92
Forward P/E Ratio45.98
P/E Growth4.64
Sales & Book Value
Annual Sales$482.94 million
Price / Sales13.87
Cash Flow$2.2146 per share
Price / Cash42.35
Book Value($3.50) per share
Price / Book-26.80
Profitability
EPS (Most Recent Fiscal Year)$2.11
Net Income$162.19 million
Net Margins33.19%
Return on Equity-61.04%
Return on Assets73.96%
Miscellaneous
Employees1,419
Outstanding Shares71,420,000
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) posted its earnings results on Wednesday, April, 25th. The technology company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.06. The technology company earned $125.87 million during the quarter, compared to the consensus estimate of $121.94 million. Aspen Technology had a net margin of 33.19% and a negative return on equity of 61.04%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.47 EPS. View Aspen Technology's Earnings History.
When is Aspen Technology's next earnings date?
What guidance has Aspen Technology issued on next quarter's earnings?
Aspen Technology issued an update on its fourth quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $0.53-0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.57. The company issued revenue guidance of $123-125 million, compared to the consensus revenue estimate of $125.34 million.
What price target have analysts set for AZPN?
7 brokers have issued 1-year price objectives for Aspen Technology's stock. Their forecasts range from $65.00 to $100.00. On average, they expect Aspen Technology's stock price to reach $81.8571 in the next year. View Analyst Ratings for Aspen Technology.
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Wipro (WIT), NTT DATA Corp/ADR (NTDTY), Verisign (VRSN), Amdocs (DOX), Obic (OBIIF), EPAM Systems (EPAM), Sogou (SOGO), GEMALTO NV/S (GTOMY), Zscaler (ZS), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), PROS (PRO), Luxoft (LXFT) and Perficient (PRFT).
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. Willie K. Chan, Sr. VP of Technology
- Mr. Joshua Fredberg, Exec. VP of Products and Marketing (Age 48)
Has Aspen Technology been receiving favorable news coverage?
News stories about AZPN stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aspen Technology earned a coverage optimism score of 0.06 on Accern's scale. They also gave media coverage about the technology company an impact score of 47.92 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Aspen Technology's major shareholders?
Aspen Technology's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.47%), Kayne Anderson Rudnick Investment Management LLC (6.72%), Neuberger Berman Group LLC (5.26%), JPMorgan Chase & Co. (2.70%), Fisher Asset Management LLC (2.63%) and Wells Fargo & Company MN (1.74%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, 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 Public Employees Retirement Association of Colorado, Stifel Financial Corp, JPMorgan Chase & Co., Sei Investments Co., Mawer Investment Management Ltd., Virginia Retirement Systems ET AL, Neuberger Berman Group LLC and Fisher Asset Management LLC. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, Donald P Casey, F G Hammond, Jr Robert M Whelan and Karl E Johnsen. View Insider Buying and Selling for Aspen Technology.
Which major investors are buying Aspen Technology stock?
AZPN stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Lord Abbett & CO. LLC, Matarin Capital Management LLC, Wells Fargo & Company MN, Carillon Tower Advisers Inc., Scout Investments Inc., DekaBank Deutsche Girozentrale and BlackRock Inc.. View Insider Buying and Selling for Aspen Technology.
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 $93.77.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $6.85 billion and generates $482.94 million in revenue each year. The technology company earns $162.19 million in net income (profit) each year or $2.11 on an earnings per share basis. Aspen Technology employs 1,419 workers across the globe.
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 (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.
