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NASDAQ:AZPN

Aspen Technology (AZPN) Stock Price, News & Analysis

$192.94
+2.11 (+1.11%)
(As of 07/26/2024 ET)
Today's Range
$190.58
$193.78
50-Day Range
$186.90
$221.94
52-Week Range
$162.26
$224.77
Volume
99,314 shs
Average Volume
203,571 shs
Market Capitalization
$12.22 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$219.50

Aspen Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
13.8% Upside
$219.50 Price Target
Short Interest
Healthy
5.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.43
Upright™ Environmental Score
News Sentiment
0.76mentions of Aspen Technology in the last 14 days
Based on 7 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.

3.24 out of 5 stars

Computer And Technology Sector

290th out of 612 stocks

Custom Computer Programming Services Industry

10th out of 26 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

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See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
6/30/2025

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
+13.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
5 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$12.85 per share
Book Value
$201.50 per share

Miscellaneous

Free Float
62,695,000
Market Cap
$12.21 billion
Optionable
Optionable
Beta
0.73

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

How have AZPN shares performed this year?

Aspen Technology's stock was trading at $220.15 at the beginning of the year. Since then, AZPN shares have decreased by 12.4% and is now trading at $192.94.
View the best growth stocks for 2024 here
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) announced its quarterly earnings data on Tuesday, May, 7th. The technology company reported $1.54 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.39. The technology company had revenue of $278.11 million for the quarter, compared to analyst estimates of $251.65 million. Aspen Technology had a negative net margin of 2.46% and a positive trailing twelve-month return on equity of 2.76%.

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.

Does Aspen Technology have any subsidiaries?

Aspen Technology subsidiaries include mnubo, Apex Optimisation, RtTech Software - Cipher IoT, Mtell, The Fidelis Group, Hyprotech, Petrolsoft, and others.

Who are Aspen Technology's major shareholders?

Aspen Technology's top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.87%), Bank of New York Mellon Corp (0.42%), Raymond James & Associates (0.42%) and Retirement Systems of Alabama (0.05%). Insiders that own company stock include F G Hammond, Jr Robert M Whelan and Donald P Casey.
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.

What other stocks do shareholders of Aspen Technology own?

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

This page (NASDAQ:AZPN) was last updated on 7/26/2024 by MarketBeat.com Staff

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