NASDAQ:AZPN - Aspen Technology Stock Price, News, & Analysis

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$108.42 +0.13 (+0.12 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$108.42
Today's Range$106.57 - $109.23
52-Week Range$74.84 - $118.86
Volume317,494 shs
Average Volume447,765 shs
Market Capitalization$7.55 billion
P/E Ratio52.63
Dividend YieldN/A
Beta1.56
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.

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Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$499.51 million
Cash Flow$2.1662 per share
Book Value($3.98) per share

Profitability

Net Income$148.68 million

Miscellaneous

Employees1,466
Market Cap$7.55 billion
Next Earnings Date4/24/2019 (Confirmed)
OptionableOptionable

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) released its quarterly earnings data on Wednesday, January, 23rd. The technology company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.63 by $0.29. The technology company had revenue of $140.42 million for the quarter, compared to the consensus estimate of $122.04 million. Aspen Technology had a net margin of 34.19% and a return on equity of 204.42%. The business's revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.88 EPS. View Aspen Technology's Earnings History.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Aspen Technology.

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

Aspen Technology issued an update on its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share guidance of $3.37-3.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.33. The company issued revenue guidance of $545-567 million, compared to the consensus revenue estimate of $554.07 million.

What price target have analysts set for AZPN?

6 brokers have issued 12-month target prices for Aspen Technology's shares. Their forecasts range from $98.00 to $120.00. On average, they expect Aspen Technology's share price to reach $109.3333 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. View Analyst Price Targets for Aspen Technology.

What is the consensus analysts' recommendation for Aspen Technology?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aspen Technology.

Has Aspen Technology been receiving favorable news coverage?

Media headlines about AZPN stock have trended positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aspen Technology earned a news sentiment score of 2.6 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the near future.

Who are some of Aspen Technology's key competitors?

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), Micron Technology (MU), Mastercard (MA), Netflix (NFLX), Citigroup (C), CVS Health (CVS), Adobe (ADBE), Alexion Pharmaceuticals (ALXN), Cisco Systems (CSCO) and NVIDIA (NVDA).

Who are Aspen Technology's key executives?

Aspen Technology's management team includes the folowing people:
  • Mr. Antonio J. Pietri, Pres, CEO & Director (Age 53)
  • Mr. Karl E. Johnsen, Sr. VP & CFO (Age 51)
  • Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Gary M. Weiss, Chief Operating Officer (Age 52)
  • Mr. Willie K. Chan, Chief Technology Officer

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BTIM Corp. (0.54%), Copper Rock Capital Partners LLC (0.27%), Scout Investments Inc. (0.17%), TrimTabs Asset Management LLC (0.02%), State of Alaska Department of Revenue (0.01%) and First Manhattan Co. (0.01%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Jr Robert M Whelan and Karl E Johnsen. View Institutional Ownership Trends for Aspen Technology.

Which institutional investors are selling Aspen Technology stock?

AZPN stock was sold by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC, Meeder Asset Management Inc., State of Alaska Department of Revenue and First Hawaiian Bank. 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 institutional investors are buying Aspen Technology stock?

AZPN stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Copper Rock Capital Partners LLC, BTIM Corp., Strs Ohio, First Manhattan Co., Oakbrook Investments LLC and TrimTabs Asset Management LLC. 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 $108.42.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $7.55 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?

The official website for Aspen Technology is http://www.aspentech.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  342 (Vote Outperform)
Underperform Votes:  342 (Vote Underperform)
Total Votes:  684
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.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

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