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

Sign in or create an account to add this stock to your watchlist.
$89.16 +0.23 (+0.26 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$88.93
Today's Range$88.41 - $90.92
52-Week Range$68.12 - $118.86
Volume405,958 shs
Average Volume475,208 shs
Market Capitalization$6.31 billion
P/E Ratio43.28
Dividend YieldN/A
Beta1.37
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. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance that are integrated applications, which allow end users to design process manufacturing environments, monitor operational performances, respond and adapt to operational changes, predict asset reliability 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 comprise companies that are engaged in the process and other capital-intensive industries, such as 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.

Receive AZPN News and Ratings via Email

Sign-up to receive the latest news and ratings for AZPN and its competitors with MarketBeat's FREE daily newsletter.

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$499.51 million
Cash Flow$2.1536 per share
Book Value($3.98) per share

Profitability

Net Income$148.68 million

Miscellaneous

Employees1,466
Market Cap$6.31 billion
OptionableOptionable

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, January, 23rd. The technology company reported $0.92 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.29. The technology company earned $140.42 million during the quarter, compared to the consensus estimate of $122.04 million. Aspen Technology had a negative return on equity of 168.12% and a net margin of 30.96%. The business's quarterly revenue was up 33.1% on a year-over-year basis. During the same period last year, the business earned $1.88 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, January 23rd 2019. View Earnings Estimates for Aspen Technology.

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

Aspen Technology updated its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share (EPS) guidance of $3.37-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.33. The company issued revenue guidance of $545-567 million, compared to the consensus revenue estimate of $554.07 million.

What price target have analysts set for AZPN?

7 Wall Street analysts have issued 1-year price objectives for Aspen Technology's stock. Their predictions range from $95.00 to $114.00. On average, they expect Aspen Technology's stock price to reach $104.1667 in the next year. This suggests a possible upside of 16.8% from the stock's current price. View Analyst Price Targets 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 1 sell rating, 1 hold rating and 5 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 stories about AZPN stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. 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 -2.0 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the immediate future.

Who are some of Aspen Technology's key competitors?

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 many different of retail and institutional investors. Top institutional investors include BTIM Corp. (0.52%), Copper Rock Capital Partners LLC (0.22%), Howland Capital Management LLC (0.20%), Assenagon Asset Management S.A. (0.14%), Miracle Mile Advisors LLC (0.04%) and BB&T Corp (0.03%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Joan C Mcardle, Jr Robert M Whelan, Karl E Johnsen 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 Meeder Asset Management Inc., Howland Capital Management LLC, BTIM Corp., Bank of Montreal Can and BB&T Corp. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, 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 acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Assenagon Asset Management S.A., Miracle Mile Advisors LLC, TrimTabs Asset Management LLC, Meridian Financial Partners LLC, Cerebellum GP LLC and First Hawaiian Bank. 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 $89.16.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $6.31 billion and generates $499.51 million in revenue each year. The technology company earns $148.68 million in net income (profit) each year or $2.06 on an earnings per share basis. Aspen Technology employs 1,466 workers across the globe.

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:  316 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  637
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 1/23/2019 by MarketBeat.com Staff

Featured Article: Price-Sales Ratio

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel