Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. It 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. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance Management, which are integrated applications that allow end users to design process manufacturing environments, forecast and simulate potential actions, monitor operational performances, predict the reliability of an asset and equipment failure, and manage planning and scheduling activities, as well as collaborate across these functions and activities. It also provides software maintenance and support, professional, and training services. The company's customers include companies that are engaged in the process and other industries, including energy, chemicals, engineering, and construction, as well as pharmaceuticals, transportation, power, metals and mining, pulp and paper, and consumer packaged goods. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400
Debt
Debt-to-Equity RatioN/A
Current Ratio0.23
Quick Ratio0.23
Price-To-Earnings
Trailing P/E Ratio46.45
Forward P/E Ratio48.54
P/E Growth3.71
Sales & Book Value
Annual Sales$482.94 million
Price / Sales14.64
Cash Flow$2.2937 per share
Price / Cash43.17
Book Value($3.50) per share
Price / Book-28.29
Profitability
EPS (Most Recent Fiscal Year)$2.11
Net Income$162.19 million
Net Margins33.19%
Return on Equity-61.04%
Return on Assets73.96%
Miscellaneous
Employees1,419
Outstanding Shares71,420,000
Market Cap$6,978.13
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) posted its quarterly earnings results on Wednesday, April, 25th. The technology company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. The technology company earned $125.87 million during the quarter, compared to analysts' expectations of $121.94 million. Aspen Technology had a net margin of 33.19% and a negative return on equity of 61.04%. The firm's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.47 earnings per share. View Aspen Technology's Earnings History.
When is Aspen Technology's next earnings date?
What guidance has Aspen Technology issued on next quarter's earnings?
Aspen Technology issued an update on its fourth quarter earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $0.53-0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.57. The company issued revenue guidance of $123-125 million, compared to the consensus revenue estimate of $125.34 million.
What price target have analysts set for AZPN?
7 Wall Street analysts have issued 1-year target prices for Aspen Technology's stock. Their predictions range from $65.00 to $100.00. On average, they expect Aspen Technology's share price to reach $81.8571 in the next year. This suggests that the stock has a possible downside of 17.3%. View Analyst Ratings for Aspen Technology.
What is the consensus analysts' recommendation for Aspen Technology?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Wipro (WIT), NTT DATA Corp/ADR (NTDTY), Verisign (VRSN), Amdocs (DOX), Obic (OBIIF), EPAM Systems (EPAM), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO) and Perficient (PRFT).
Who are Aspen Technology's key executives?
Aspen Technology's management team includes the folowing people:
- Mr. Antonio J. Pietri, Pres, CEO & Director (Age 52)
- Mr. Karl E. Johnsen, Sr. VP & CFO (Age 50)
- Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 58)
- Mr. Willie K. Chan, Sr. VP of Technology
- Mr. Joshua Fredberg, Exec. VP of Products and Marketing (Age 48)
Has Aspen Technology been receiving favorable news coverage?
Headlines about AZPN stock have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aspen Technology earned a news sentiment score of 0.07 on Accern's scale. They also assigned press coverage about the technology company an impact score of 45.68 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Aspen Technology's major shareholders?
Aspen Technology's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.58%), Scout Investments Inc. (0.34%), Assenagon Asset Management S.A. (0.05%), Bank of Montreal Can (0.03%), Xact Kapitalforvaltning AB (0.01%) and State of Alaska Department of Revenue (0.01%). 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.
Which institutional investors are selling Aspen Technology stock?
AZPN stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management 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 and Karl E Johnsen. View Insider Buying and Selling for Aspen Technology.
Which institutional investors are buying Aspen Technology stock?
AZPN stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bank of Montreal Can, Assenagon Asset Management S.A., State of Alaska Department of Revenue, Clinton Group Inc. and Xact Kapitalforvaltning AB. 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, Scottrade, Fidelity and Charles Schwab.
What is Aspen Technology's stock price today?
One share of AZPN stock can currently be purchased for approximately $99.02.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $6.98 billion and generates $482.94 million in revenue each year. The technology company earns $162.19 million in net income (profit) each year or $2.11 on an earnings per share basis. Aspen Technology employs 1,419 workers across the globe.
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)
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.
