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

$122.54
-2.30 (-1.84 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$121.61
Now: $122.54
$124.94
50-Day Range
$120.17
MA: $132.94
$141.05
52-Week Range
$74.84
Now: $122.54
$142.15
Volume442,207 shs
Average Volume321,919 shs
Market Capitalization$8.38 billion
P/E Ratio32.50
Dividend YieldN/A
Beta1.59
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$3.9225 per share
Book Value($3.98) per share

Profitability

Net Income$262.73 million

Miscellaneous

Employees1,466
Market Cap$8.38 billion
Next Earnings Date10/23/2019 (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) issued its quarterly earnings results on Wednesday, August, 7th. The technology company reported $1.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.02 by $0.50. The technology company had revenue of $195.77 million for the quarter, compared to the consensus estimate of $162.71 million. Aspen Technology had a net margin of 43.91% and a return on equity of 62.06%. Aspen Technology's quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.59 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, October 23rd 2019. 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, August, 7th. The company provided earnings per share guidance of $3.44 to $3.85 for the period, compared to the Thomson Reuters consensus estimate of $3.44. The company issued revenue guidance of $575 to $615 million, compared to the consensus revenue estimate of $566.96 million.

What price target have analysts set for AZPN?

6 brokerages have issued 1 year price targets for Aspen Technology's stock. Their forecasts range from $123.00 to $155.00. On average, they anticipate Aspen Technology's stock price to reach $140.3333 in the next twelve months. This suggests a possible upside of 14.5% 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 somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Aspen Technology earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Aspen Technology.

Are investors shorting Aspen Technology?

Aspen Technology saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 819,100 shares, a drop of 14.1% from the July 31st total of 953,400 shares. Based on an average daily volume of 387,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.2% 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), CVS Health (CVS), Honeywell International (HON), Home Depot (HD), Visa (V), NVIDIA (NVDA), QUALCOMM (QCOM), Mastercard (MA) and Nike (NKE).

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 shareholders include Vanguard Group Inc. (9.01%), Kayne Anderson Rudnick Investment Management LLC (8.81%), BlackRock Inc. (5.62%), BlackRock Inc. (5.62%), Waddell & Reed Financial Inc. (5.37%) and Renaissance Technologies LLC (3.96%). 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 Renaissance Technologies LLC, Vanguard Group Inc., Invesco Ltd., Waddell & Reed Financial Inc., Balyasny Asset Management LLC, Price T Rowe Associates Inc. MD, BTIM Corp. and Point72 Asset Management L.P.. 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 bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Riverbridge Partners LLC, Kayne Anderson Rudnick Investment Management LLC, BlackRock Inc., BlackRock Inc., Cookson Peirce & Co. Inc., First Trust Advisors LP and Two Creeks Capital Management LP. 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 $122.54.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $8.38 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 1,466 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:  371 (Vote Outperform)
Underperform Votes:  371 (Vote Underperform)
Total Votes:  742
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 9/15/2019 by MarketBeat.com Staff

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