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Aspen Technology Stock Price, Forecast & Analysis (NASDAQ:AZPN)

$120.29
-0.54 (-0.45 %)
(As of 11/22/2019 01:58 AM ET)
Today's Range
$119.77
Now: $120.29
$121.05
50-Day Range
$113.98
MA: $118.04
$123.01
52-Week Range
$75.01
Now: $120.29
$142.15
Volume281,300 shs
Average Volume427,672 shs
Market Capitalization$8.20 billion
P/E Ratio31.91
Dividend YieldN/A
Beta1.55
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. Read More…

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$598.34 million
Cash Flow$4.05 per share
Book Value$5.70 per share

Profitability

Net Income$262.73 million

Miscellaneous

Employees1,600
Market Cap$8.20 billion
Next Earnings Date1/22/2020 (Estimated)
OptionableOptionable

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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 earnings results on Wednesday, October, 30th. The technology company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.30. The technology company had revenue of $134.09 million for the quarter, compared to analysts' expectations of $119.49 million. Aspen Technology had a return on equity of 67.12% and a net margin of 43.83%. The company's quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 earnings per share. 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, January 22nd 2020. View Earnings Estimates for Aspen Technology.

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

Aspen Technology updated its FY20 earnings guidance on Wednesday, October, 30th. The company provided earnings per share (EPS) guidance of $3.47-3.89 for the period, compared to the Thomson Reuters consensus estimate of $3.75. The company issued revenue guidance of $575-615 million, compared to the consensus revenue estimate of $600.48 million.

What price target have analysts set for AZPN?

6 equities research analysts have issued 1-year price objectives for Aspen Technology's shares. Their forecasts range from $123.00 to $155.00. On average, they anticipate Aspen Technology's stock price to reach $140.33 in the next twelve months. This suggests a possible upside of 16.7% 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 sell rating, 1 hold rating and 4 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?

Press coverage about AZPN stock has trended somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Aspen Technology earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Aspen Technology.

Are investors shorting Aspen Technology?

Aspen Technology saw a decrease in short interest in the month of October. As of October 15th, there was short interest totalling 766,800 shares, a decrease of 11.9% from the September 15th total of 870,600 shares. Based on an average trading volume of 426,900 shares, the short-interest ratio is presently 1.8 days. Currently, 1.1% of the company's shares are short sold. View Aspen Technology's Current Options Chain.

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), Cisco Systems (CSCO), Home Depot (HD), Visa (V), NVIDIA (NVDA), salesforce.com (CRM), CVS Health (CVS), Mastercard (MA), Procter & Gamble (PG) and Costco Wholesale (COST).

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 a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (2.48%), Stephens Investment Management Group LLC (1.09%), Wedge Capital Management L L P NC (0.53%), First Trust Advisors LP (0.33%), California Public Employees Retirement System (0.27%) and Boston Trust Walden Corp (0.26%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Jr Robert M Whelan, Karl E Johnsen and Simon Orebi Gann. 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 Scout Investments Inc., Russell Investments Group Ltd., Carillon Tower Advisers Inc., Public Employees Retirement Association of Colorado, Fisher Asset Management LLC, Stephens Investment Management Group LLC, Copper Rock Capital Partners LLC and Wedge Capital Management L L P NC. 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, Karl E Johnsen and Simon Orebi Gann. View Insider Buying and Selling for Aspen Technology.

Which institutional investors are buying Aspen Technology stock?

AZPN stock was acquired by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., First Trust Advisors LP, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, First Quadrant L P CA, Boston Trust Walden Corp, Virginia Retirement Systems ET AL and Cookson Peirce & Co. 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, Robinhood, Fidelity and Charles Schwab.

What is Aspen Technology's stock price today?

One share of AZPN stock can currently be purchased for approximately $120.29.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $8.20 billion and generates $598.34 million in revenue each year. The technology company earns $262.73 million in net income (profit) each year or $3.77 on an earnings per share basis. Aspen Technology employs 1,600 workers across the globe.View Additional Information About Aspen Technology.

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:  384 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  771
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 11/22/2019 by MarketBeat.com Staff

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