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

$122.17
+1.93 (+1.61 %)
(As of 12/9/2019 03:04 AM ET)
Today's Range
$120.79
Now: $122.17
$122.85
50-Day Range
$113.98
MA: $118.63
$126.44
52-Week Range
$75.01
Now: $122.17
$142.15
Volume351,826 shs
Average Volume342,234 shs
Market Capitalization$8.33 billion
P/E Ratio32.41
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. 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$4.06 per share
Book Value$5.70 per share

Profitability

Net Income$262.73 million

Miscellaneous

Employees1,600
Market Cap$8.33 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 quarterly earnings results on Wednesday, October, 30th. The technology company reported $0.79 earnings per share for the quarter, beating the Zacks' consensus estimate 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 business's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the company 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 issued an update on 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 analysts have issued twelve-month target prices for Aspen Technology's stock. Their forecasts range from $123.00 to $155.00. On average, they anticipate Aspen Technology's share price to reach $140.33 in the next twelve months. This suggests a possible upside of 14.9% 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?

News articles about AZPN stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aspen Technology earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Aspen Technology.

Are investors shorting Aspen Technology?

Aspen Technology saw a decline in short interest in October. As of October 15th, there was short interest totalling 766,800 shares, a decline of 11.9% from the September 15th total of 870,600 shares. Based on an average daily trading volume, of 426,900 shares, the short-interest ratio is presently 1.8 days. Currently, 1.1% of the company's stock are sold short. 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), NVIDIA (NVDA), Home Depot (HD), Visa (V), QUALCOMM (QCOM), salesforce.com (CRM), CVS Health (CVS), Mastercard (MA) and Procter & Gamble (PG).

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 retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (2.48%), State Street Corp (1.36%), Stephens Investment Management Group LLC (1.09%), Voya Investment Management LLC (0.93%), Point72 Asset Management L.P. (0.58%) and Wedge Capital Management L L P NC (0.53%). 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 major investors are selling Aspen Technology stock?

AZPN stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Scout Investments Inc., Russell Investments Group Ltd., Carillon Tower Advisers Inc., Public Employees Retirement Association of Colorado, Fisher Asset Management LLC, Man Group plc and Stephens Investment Management Group 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, Karl E Johnsen and Simon Orebi Gann. 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 Point72 Asset Management L.P., Waratah Capital Advisors Ltd., Waratah Capital Advisors Ltd., Millennium Management LLC, First Trust Advisors LP, Pictet Asset Management Ltd., California Public Employees Retirement System and Barclays PLC. 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 $122.17.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $8.33 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:  387 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  780
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 12/9/2019 by MarketBeat.com Staff

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