About Aspen Technology (NASDAQ:AZPN)
Aspen Technology, Inc. is a global provider of process optimization software solutions designed to manage and optimize plant and process design, operational performance, and supply chain planning. The Company's aspenONE software and related services have been developed specifically for companies in the process industries, including the energy, chemicals, and engineering and construction industries. It operates through two segments, including subscription and software, which provides licensing of process optimization software solutions and associated support services, and services, which includes professional services and training. It has developed applications to design and optimize processes across the business areas, including engineering, manufacturing and supply chain. Its products include Aspen HYSYS, Aspen Economic Evaluation, Aspen Info Plus.21, Aspen PIMS Advanced Optimization, Aspen Collaborative Demand Manager and Aspen Supply Planner.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: IT Services & Consulting
- Sub-Industry: Application Software
- Symbol: NASDAQ:AZPN
- CUSIP: 04532710
- Web: www.aspentech.com
Capitalization:- Market Cap: $4.84 billion
- Outstanding Shares: 73,099,000
Average Prices:- 50 Day Moving Avg: $64.10
- 200 Day Moving Avg: $59.85
- 52 Week Range: $46.59 - $66.38
P/E:- Trailing P/E Ratio: 31.36
- Foreward P/E Ratio: 29.95
- P/E Growth: 2.54
Sales & Book Value:- Annual Revenue: $482.94 million
- Price / Sales: 10.02
- Book Value: ($3.55) per share
- Price / Book: -18.64
Profitability:- EBITDA: $218.97 million
- Net Margins: 33.58%
- Return on Equity: -73.17%
- Return on Assets: 61.84%
Debt:- Current Ratio: 0.31%
- Quick Ratio: 0.31%
Misc:- Average Volume: 420,152 shs.
- Beta: 1.24
- Short Ratio: 7.81
Frequently Asked Questions for Aspen Technology (NASDAQ:AZPN)
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 Thursday, August, 10th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.29. The company earned $123.68 million during the quarter, compared to analysts' expectations of $119.55 million. Aspen Technology had a net margin of 33.58% and a negative return on equity of 73.17%. The business's quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share. View Aspen Technology's Earnings History.
When will Aspen Technology make its next earnings announcement?
Where is Aspen Technology's stock going? Where will Aspen Technology's stock price be in 2017?
7 equities research analysts have issued 1-year target prices for Aspen Technology's shares. Their predictions range from $55.00 to $70.00. On average, they anticipate Aspen Technology's share price to reach $60.71 in the next twelve months. View Analyst Ratings for Aspen Technology.
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY), F5 Networks (FFIV), Fortinet (FTNT), LogMein (LOGM), Booz Allen Hamilton Holding Corporation (BAH), CSRA (CSRA), GoDaddy (GDDY), EPAM Systems (EPAM), Medidata Solutions (MDSO), Proofpoint (PFPT), Teradata Corporation (TDC), NCR Corporation (NCR), InterXion Holding N.V. (INXN), DST Systems (DST), CACI International (CACI) and Manhattan Associates (MANH).
Who are Aspen Technology's key executives?
Aspen Technology's management team includes the folowing people:
- Robert M. Whelan Jr., Independent Chairman of the Board
- Antonio J. Pietri, President, Chief Executive Officer, Director
- Karl E. Johnsen, Chief Financial Officer, Senior Vice President
- William T. Griffin, Executive Vice President - Field Operations
- Frederic G. Hammond, Senior Vice President, General Counsel, Secretary
- Donald P. Casey, Independent Director
- Gary E. Haroian CPA, Independent Director
- Joan C. McArdle, Independent Director
- Simon J. Orebi Gann D.Phil., Independent Director
- R. Halsey Wise, Independent Director
Who owns Aspen Technology stock?
Aspen Technology's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (2.72%), APG Asset Management N.V. (0.18%), Sit Investment Associates Inc. (0.11%) and Meeder Asset Management Inc. (0.02%). 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.
Who sold Aspen Technology stock? Who is selling Aspen Technology stock?
Aspen Technology's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Sit Investment Associates Inc. and Meeder Asset Management Inc.. Company insiders that have sold Aspen Technology stock in the last year 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 Insider Buying and Selling for Aspen Technology.
Who bought Aspen Technology stock? Who is buying Aspen Technology stock?
How do I buy Aspen Technology stock?
Shares of Aspen Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Aspen Technology's stock price today?
One share of Aspen Technology stock can currently be purchased for approximately $66.18.
MarketBeat Community Rating for Aspen Technology (NASDAQ AZPN)MarketBeat's community ratings are surveys of what our community members think about Aspen Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Aspen Technology (NASDAQ:AZPN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.43) |
| Consensus Price Target: | $60.71 (8.26% downside) |
Consensus Price Target History for Aspen Technology (NASDAQ:AZPN)
Analysts' Ratings History for Aspen Technology (NASDAQ:AZPN)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/6/2017 | Robert W. Baird | Set Price Target | Hold | $63.00 | N/A |  |
| 8/23/2017 | Berenberg Bank | Initiated Coverage | Buy -> Buy | $70.00 | Medium | |
| 8/11/2017 | Canaccord Genuity | Reiterated Rating | Hold | | Low | |
| 6/28/2017 | Wedbush | Reiterated Rating | Neutral | $59.00 | Medium | |
| 5/3/2017 | Benchmark Co. | Reiterated Rating | Hold -> Hold | $48.00 -> $55.00 | High | |
| 1/27/2017 | Avondale Partners | Upgrade | Underperform -> Outperform | $60.00 | N/A | |
| 11/22/2016 | Pacific Crest | Boost Price Target | Overweight | $55.00 -> $58.00 | N/A | |
| 6/5/2016 | KeyCorp | Reiterated Rating | Buy | $45.00 | N/A | |
| 4/29/2016 | J P Morgan Chase & Co | Initiated Coverage | Underweight | $36.00 | N/A | |
(Data available from 10/22/2015 forward)
Earnings History for Aspen Technology (NASDAQ:AZPN)Earnings History by Quarter for Aspen Technology (NASDAQ AZPN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.48 | | | | | N/A | |
| 8/10/2017 | Q4 2017 | $0.44 | $0.73 | $119.55 million | $123.68 million | View | N/A | |
| 5/2/2017 | Q3 2017 | $0.38 | $0.47 | $117.64 million | $119.28 million | View | Listen | |
| 1/26/2017 | Q217 | $0.46 | $0.52 | $118.33 million | $119.90 million | View | Listen | |
| 10/27/2016 | Q117 | $0.39 | $0.49 | $116.48 million | $120.10 million | View | Listen | |
| 8/11/2016 | Q416 | $0.39 | $0.44 | $112.88 million | $113.70 million | View | Listen | |
| 4/28/2016 | Q316 | $0.41 | $0.49 | $116.78 million | $119.21 million | View | Listen | |
| 1/28/2016 | Q216 | $0.39 | $0.47 | $112.28 million | $119.15 million | View | Listen | |
| 10/29/2015 | Q116 | $0.42 | $0.47 | $118.84 million | $120.30 million | View | Listen | |
| 8/13/2015 | Q415 | $0.34 | $0.36 | $112.46 million | $114.20 million | View | Listen | |
| 4/28/2015 | Q315 | $0.31 | $0.37 | $108.47 million | $111.30 million | View | Listen | |
| 1/28/2015 | Q215 | $0.30 | $0.36 | $105.62 million | $107.80 million | View | Listen | |
| 10/28/2014 | Q115 | $0.27 | $0.35 | $103.10 million | $107.10 million | View | Listen | |
| 8/13/2014 | Q414 | $0.18 | $0.28 | $96.61 million | $101.50 million | View | Listen | |
| 4/29/2014 | Q314 | $0.19 | $0.28 | $92.82 million | $103.60 million | View | Listen | |
| 1/30/2014 | Q214 | $0.17 | $0.25 | $88.53 million | $98.80 million | View | Listen | |
| 10/29/2013 | Q114 | $0.15 | $0.19 | $85.01 million | $87.57 million | View | Listen | |
| 8/15/2013 | Q4 2013 | $0.08 | $0.24 | $78.79 million | $83.30 million | View | Listen | |
| 4/30/2013 | Q3 2013 | $0.05 | $0.14 | $72.86 million | $79.40 million | View | Listen | |
| 1/29/2013 | Q2 2013 | $0.05 | $0.13 | $67.97 million | $77.30 million | View | Listen | |
| 11/1/2012 | Q113 | $0.02 | $0.05 | $64.99 million | $715.00 million | View | N/A | |
| 8/21/2012 | | ($0.04) | ($0.04) | | | View | N/A | |
| 5/1/2012 | | ($0.04) | $0.01 | | | View | N/A | |
| 1/31/2012 | | ($0.05) | $0.06 | | | View | N/A | |
| 11/1/2011 | | ($0.08) | ($0.09) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Aspen Technology (NASDAQ:AZPN)2017 EPS Consensus Estimate: $1.70
2018 EPS Consensus Estimate: $1.90
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.43 | $0.43 | $0.43 |
| Q2 2017 | 1 | $0.41 | $0.41 | $0.41 |
| Q3 2017 | 1 | $0.43 | $0.43 | $0.43 |
| Q4 2017 | 2 | $0.42 | $0.44 | $0.43 |
| Q1 2018 | 1 | $0.48 | $0.48 | $0.48 |
| Q2 2018 | 1 | $0.49 | $0.49 | $0.49 |
| Q3 2018 | 1 | $0.48 | $0.48 | $0.48 |
| Q4 2018 | 1 | $0.45 | $0.45 | $0.45 |
(Data provided by Zacks Investment Research)
Dividend History for Aspen Technology (NASDAQ:AZPN)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Aspen Technology (NASDAQ:AZPN)Insider Ownership Percentage: 0.60%
Insider Trades by Quarter for Aspen Technology (NASDAQ:AZPN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/23/2017 | F G Hammond | VP | Sell | 3,388 | $60.60 | $205,312.80 | |
| 8/15/2017 | Karl E Johnsen | Insider | Sell | 1,969 | $59.14 | $116,446.66 | |
| 4/4/2017 | William Griffin | EVP | Sell | 2,427 | $58.55 | $142,100.85 | |
| 2/17/2017 | Antonio J Pietri | CEO | Sell | 100 | $56.83 | $5,683.00 | |
| 2/16/2017 | Antonio J Pietri | CEO | Sell | 4,400 | $56.42 | $248,248.00 | |
| 2/10/2017 | Donald P Casey | Director | Sell | 800 | $55.81 | $44,648.00 | |
| 2/8/2017 | Jr. Robert M Whelan | Director | Sell | 700 | $54.21 | $37,947.00 | |
| 2/6/2017 | F G Hammond | VP | Sell | 1,808 | $54.67 | $98,843.36 | |
| 2/6/2017 | Joan C Mcardle | Director | Sell | 3,300 | $54.74 | $180,642.00 | |
| 1/31/2017 | F G Hammond | VP | Sell | 6,912 | $53.00 | $366,336.00 | |
| 1/31/2017 | Karl E Johnsen | Insider | Sell | 3,774 | $53.00 | $200,022.00 | |
| 1/4/2017 | William Griffin | EVP | Sell | 791 | $55.29 | $43,734.39 | |
| 1/3/2017 | William Griffin | EVP | Sell | 3,369 | $54.89 | $184,924.41 | |
| 12/20/2016 | William Griffin | EVP | Sell | 6,772 | $55.00 | $372,460.00 | |
| 12/2/2016 | R Halsey Wise | Director | Sell | 32 | $52.12 | $1,667.84 | |
| 11/18/2016 | Antonio J Pietri | CEO | Sell | 100 | $52.13 | $5,213.00 | |
| 11/17/2016 | Antonio J Pietri | CEO | Sell | 4,400 | $51.47 | $226,468.00 | |
| 11/4/2016 | Jr. Robert M Whelan | Director | Sell | 2,000 | $48.34 | $96,680.00 | |
| 11/3/2016 | F G Hammond | VP | Sell | 2,254 | $48.05 | $108,304.70 | |
| 10/6/2016 | William Griffin | EVP | Sell | 1,902 | $47.09 | $89,565.18 | |
| 9/7/2016 | F G Hammond | VP | Sell | 18,542 | $45.91 | $851,263.22 | |
| 8/26/2016 | Antonio J Pietri | CEO | Sell | 4,500 | $45.03 | $202,635.00 | |
| 6/7/2016 | Antonio J Pietri | CEO | Sell | 4,500 | $39.00 | $175,500.00 | |
| 5/5/2016 | Jr. Robert M Whelan | Director | Sell | 4,041 | $37.63 | $152,062.83 | |
| 8/25/2015 | Mark P Sullivan | CFO | Sell | 7,812 | $36.89 | $288,184.68 | |
| 6/3/2015 | Antonio J Pietri | CEO | Sell | 1,068 | $43.25 | $46,191.00 | |
| 6/2/2015 | Manolis E Kotzabasakis | VP | Sell | 24,878 | $43.21 | $1,074,978.38 | |
| 5/22/2015 | Donald P Casey | Director | Sell | 3,300 | $43.90 | $144,870.00 | |
| 5/21/2015 | Manolis E Kotzabasakis | VP | Sell | 12,722 | $44.30 | $563,584.60 | |
| 5/19/2015 | Joan C Mcardle | Director | Sell | 3,000 | $44.13 | $132,390.00 | |
| 2/19/2015 | Antonio J Pietri | CEO | Sell | 19,600 | $40.02 | $784,392.00 | |
| 2/4/2015 | Donald P Casey | Director | Sell | 3,027 | $37.45 | $113,361.15 | |
| 2/3/2015 | Joan C Mcardle | Director | Sell | 30,000 | $36.83 | $1,104,900.00 | |
| 11/11/2014 | Mark P Sullivan | CFO | Sell | 9,850 | $38.07 | $374,989.50 | |
| 9/5/2014 | Manolis E Kotzabasakis | VP | Sell | 4,000 | $41.72 | $166,880.00 | |
| 9/3/2014 | Manolis E Kotzabasakis | VP | Sell | 6,000 | $41.74 | $250,440.00 | |
| 9/2/2014 | Mark P Sullivan | CFO | Sell | 7,938 | $41.68 | $330,855.84 | |
| 8/26/2014 | Antonio J Pietri | CEO | Sell | 10,000 | $42.84 | $428,400.00 | |
| 8/26/2014 | Joan C Mcardle | Director | Sell | 3,000 | $42.54 | $127,620.00 | |
| 8/25/2014 | Antonio J Pietri | CEO | Sell | 9,900 | $42.84 | $424,116.00 | |
| 6/6/2014 | Manolis E Kotzabasakis | EVP | Sell | 13,438 | $44.25 | $594,631.50 | |
| 5/28/2014 | F G Hammond | SVP | Sell | 5,792 | $44.00 | $254,848.00 | |
| 5/27/2014 | Mark P Sullivan | CFO | Sell | 12,546 | $44.31 | $555,913.26 | |
| 5/23/2014 | Antonio J Pietri | CEO | Sell | 17,041 | $43.95 | $748,951.95 | |
| 5/23/2014 | Joan C Mcardle | Director | Sell | 3,000 | $44.00 | $132,000.00 | |
| 5/20/2014 | Gary Haroian | Director | Sell | 9,000 | $43.65 | $392,850.00 | |
| 2/25/2014 | Joan Mcardle | Director | Sell | 30,000 | $46.99 | $1,409,700.00 | |
| 2/19/2014 | Manolis Kotzabasakis | EVP | Sell | 13,999 | $46.02 | $644,233.98 | |
| 11/7/2013 | F Hammond | SVP | Sell | 2,617 | $38.37 | $100,414.29 | |
| 9/13/2013 | Mark Sullivan | CFO | Sell | 12,645 | $34.75 | $439,413.75 | |
| 9/10/2013 | Manolis E Kotzabasakis | EVP | Sell | 9,100 | $35.05 | $318,955.00 | |
| 9/9/2013 | Mark Fusco | CEO | Sell | 65,091 | $34.46 | $2,243,035.86 | |
| 9/6/2013 | Mark Fusco | CEO | Sell | 46,949 | $34.30 | $1,610,350.70 | |
| 8/26/2013 | Mark Fusco | CEO | Sell | 65,157 | $34.51 | $2,248,568.07 | |
| 8/23/2013 | Joan Mcardle | Director | Sell | 6,000 | $34.35 | $206,100.00 | |
| 8/21/2013 | F Hammond | SVP | Sell | 16,832 | $34.41 | $579,189.12 | |
| 8/20/2013 | Mark Sullivan | CFO | Sell | 12,288 | $34.50 | $423,936.00 | |
| 6/10/2013 | Mark Fusco | CEO | Sell | 153,801 | $30.39 | $4,674,012.39 | |
| 6/5/2013 | Mark Fusco | CEO | Sell | 105,497 | $30.48 | $3,215,548.56 | |
| 5/22/2013 | Mark Fusco | CEO | Sell | 25,542 | $30.78 | $786,182.76 | |
| 5/21/2013 | Mark Fusco | CEO | Sell | 141,844 | $30.86 | $4,377,305.84 | |
| 5/13/2013 | Mark P Sullivan | CFO | Sell | 5,438 | $30.91 | $168,088.58 | |
| 2/4/2013 | Mark Fusco | CEO | Sell | 187,566 | $30.35 | $5,692,628.10 | |
| 2/1/2013 | F G Hammond | SVP | Sell | 15,581 | $30.34 | $472,727.54 | |
| 12/12/2012 | Manolis E Kotzabasakis | EVP | Sell | 1,000 | $26.80 | $26,800.00 | |
| 12/4/2012 | Manolis E Kotzabasakis | EVP | Sell | 8,000 | $26.23 | $209,840.00 | |
| 12/3/2012 | Stephen M Jennings | Director | Sell | 43,358 | $26.05 | $1,129,475.90 | |
| 11/13/2012 | Mark Fusco | CEO | Sell | 224,919 | $26.01 | $5,850,143.19 | |
| 9/5/2012 | Mark Fusco | CEO | Sell | 125,000 | $24.39 | $3,048,750.00 | |
| 8/22/2012 | F G Hammond | SVP | Sell | 18,998 | $24.10 | $457,851.80 | |
(Data available from 1/1/2013 forward)
Headline Trends for Aspen Technology (NASDAQ:AZPN)
Latest Headlines for Aspen Technology (NASDAQ:AZPN)
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Aspen Technology (AZPN) Chart for Sunday, October, 22, 2017
