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.
Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
Phone781-221-6400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$499.51 million
Profitability
Miscellaneous
Employees1,466
Next Earnings Date4/24/2019 (Estimated)
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) released its quarterly earnings results on Wednesday, January, 23rd. The technology company reported $0.92 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.63 by $0.29. The technology company earned $140.42 million during the quarter, compared to analyst estimates of $122.04 million. Aspen Technology had a return on equity of 204.42% and a net margin of 34.19%. The business's revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.88 EPS. 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 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 earnings per share 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?
6 brokers have issued twelve-month price targets for Aspen Technology's shares. Their predictions range from $98.00 to $114.00. On average, they anticipate Aspen Technology's stock price to reach $108.00 in the next year. This suggests a possible upside of 5.3% 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 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?
Press coverage about AZPN stock has been trending somewhat positive recently, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aspen Technology earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Wipro (WIT), Verisign (VRSN), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Zscaler (ZS), Obic (OBIIF), Amdocs (DOX), GEMALTO NV/S (GTOMY), Sogou (SOGO), Luxoft (LXFT), Virtusa (VRTU), PROS (PRO), Glu Mobile (GLUU), Endava (DAVA) and Perficient (PRFT).
What other stocks do shareholders of Aspen Technology own?
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 Kayne Anderson Rudnick Investment Management LLC (8.50%), BlackRock Inc. (5.34%), Fisher Asset Management LLC (2.64%), Brown Advisory Inc. (1.50%), MERIAN GLOBAL INVESTORS UK Ltd (1.34%) and FMR LLC (1.08%). 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 William Griffin. 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 FMR LLC, Nuveen Asset Management LLC, First Quadrant L P CA, Acadian Asset Management LLC, Two Sigma Advisers LP, First Trust Advisors LP, Mackenzie Financial Corp and Geode Capital 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, Gary E Haroian, Jr Robert M Whelan and Karl E Johnsen. 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 Norges Bank, Brown Advisory Inc., MERIAN GLOBAL INVESTORS UK Ltd, Copper Rock Capital Partners LLC, Financial Advocates Investment Management, Assenagon Asset Management S.A., Foresters Investment Management Company Inc. and Virginia Retirement Systems ET AL. 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 $102.52.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $7.14 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?
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.
