NASDAQ:AZPN

Aspen Technology Stock Forecast, Price & News

$137.05
-1.80 (-1.30 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$135.82
$140.87
50-Day Range
$127.07
$153.41
52-Week Range
$93.55
$162.56
Volume622,078 shs
Average Volume573,919 shs
Market Capitalization$9.32 billion
P/E Ratio40.79
Dividend YieldN/A
Beta1.25
30 days | 90 days | 365 days | Advanced Chart
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About Aspen Technology

Aspen Technology, Inc., together with its subsidiaries, provides asset optimization solutions in North America, Europe, the Asia Pacific, Latin America, and the Middle East. The company operates in two segments, Subscription and Software, and Services and Other. It offers asset optimization software that optimizes asset design, operations, and maintenance 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, food and beverage, 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.

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MarketRank

Overall MarketRank

1.18 out of 5 stars

Computer And Technology Sector

617th out of 1,586 stocks

Custom Computer Programming Services Industry

19th out of 47 stocks

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Aspen Technology (NASDAQ:AZPN) Frequently Asked Questions

Is Aspen Technology a buy right now?

5 Wall Street research 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Aspen Technology stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AZPN, but not buy additional shares or sell existing shares.
View analyst ratings for Aspen Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Aspen Technology?

Wall Street analysts have given Aspen Technology a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Aspen Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Aspen Technology?

Aspen Technology saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 3,020,000 shares, an increase of 76.6% from the May 13th total of 1,710,000 shares. Based on an average trading volume of 680,700 shares, the short-interest ratio is currently 4.4 days. Currently, 4.5% of the company's shares are sold short.
View Aspen Technology's Short Interest
.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, August 11th 2021.
View our earnings forecast for Aspen Technology
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) released its earnings results on Tuesday, April, 27th. The technology company reported $1.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.11 by $0.06. The technology company had revenue of $162.80 million for the quarter, compared to the consensus estimate of $178.37 million. Aspen Technology had a trailing twelve-month return on equity of 55.65% and a net margin of 45.30%. The business's revenue was up 23.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.74 earnings per share.
View Aspen Technology's earnings history
.

How has Aspen Technology's stock price been impacted by Coronavirus?

Aspen Technology's stock was trading at $94.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AZPN stock has increased by 44.5% and is now trading at $137.05.
View which stocks have been most impacted by COVID-19
.

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

Aspen Technology issued an update on its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share guidance of 4.980-5.220 for the period, compared to the Thomson Reuters consensus estimate of $5.450. The company issued revenue guidance of $705 million-$729 million, compared to the consensus revenue estimate of $745.29 million.

What price target have analysts set for AZPN?

5 Wall Street analysts have issued twelve-month price objectives for Aspen Technology's shares. Their forecasts range from $112.00 to $180.00. On average, they anticipate Aspen Technology's share price to reach $150.40 in the next year. This suggests a possible upside of 9.7% from the stock's current price.
View analysts' price targets for Aspen Technology
or view top-rated stocks among Wall Street analysts.

Who are Aspen Technology's key executives?

Aspen Technology's management team includes the following people:
  • Mr. Antonio J. Pietri, Pres, CEO & Director (Age 55, Pay $1.32M)
  • Mr. John W. Hague, Exec. VP of Operations (Age 62, Pay $701.01k)
  • Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 61, Pay $618.22k)
  • Mr. Karl E. Johnsen, Advisor (Age 53, Pay $696.89k)
  • Ms. Chantelle Breithaupt, Sr. VP & CFO
  • Mr. Christopher Stagno CPA, Sr. VP & Chief Accounting Officer (Age 46)
  • Mr. Willie K. Chan, Chief Technology Officer
  • Mr. Glover H. Lawrence, Sr. VP of Corp. Devel. (Age 53)
  • Mr. Lawrence Schwartz, Sr. VP & Chief Marketing Officer
  • Mr. Skip Maloney, Sr. VP & Chief HR Officer

What is Antonio Pietri's approval rating as Aspen Technology's CEO?

131 employees have rated Aspen Technology CEO Antonio Pietri on Glassdoor.com. Antonio Pietri has an approval rating of 69% among Aspen Technology's employees.

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), The Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ) and The Procter & Gamble (PG).

What is Aspen Technology's stock symbol?

Aspen Technology trades on the NASDAQ under the ticker symbol "AZPN."

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (9.81%), BlackRock Inc. (5.37%), Waddell & Reed Financial Inc. (4.77%), Neuberger Berman Group LLC (3.90%), BlueSpruce Investments LP (3.28%) and William Blair Investment Management LLC (2.27%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, John Hague, Jr Robert M Whelan and Karl E Johnsen.
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 BlueSpruce Investments LP, Brown Advisory Inc., Two Creeks Capital Management LP, Renaissance Technologies LLC, Principal Financial Group Inc., Principal Financial Group Inc., Waddell & Reed Financial Inc., and Price T Rowe Associates Inc. MD. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, John Hague, Jr Robert M Whelan, and Karl E Johnsen.
View insider buying and selling activity for Aspen Technology
or view top insider-selling stocks.

Which major investors are buying Aspen Technology stock?

AZPN stock was acquired by a variety of institutional investors in the last quarter, including 40 North Management LLC, Bessemer Group Inc., Millennium Management LLC, Nordea Investment Management AB, Valley Forge Capital Management LP, Robeco Institutional Asset Management B.V., Mawer Investment Management Ltd., and Ameriprise Financial Inc..
View insider buying and selling activity for Aspen Technology
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Aspen Technology's stock price today?

One share of AZPN stock can currently be purchased for approximately $137.05.

How much money does Aspen Technology make?

Aspen Technology has a market capitalization of $9.32 billion and generates $590.18 million in revenue each year. The technology company earns $229.67 million in net income (profit) each year or $3.36 on an earnings per share basis.

How many employees does Aspen Technology have?

Aspen Technology employs 1,710 workers across the globe.

Does Aspen Technology have any subsidiaries?

The following companies are subsidiares of Aspen Technology: Apex Optimisation, Apex Optimisation Inc., Apex Optimisation Ltd., Apex Optimisation SRO, Apex Optimisation Technologies B.V., Apex Optimisation UK Ltd., Argent & Waugh Ltd., Aspen Tech India Private Ltd., Aspen Tech de Mexico S. de R.L. de C.V., Aspen Technology (Asia) Inc., Aspen Technology Australia Pty. Ltd., Aspen Technology International Inc., Aspen Technology LLC, Aspen Technology S.A.S., Aspen Technology S.L., Aspen Technology Services Corporation, AspenTech (Beijing) Ltd., AspenTech (Shanghai) Ltd., AspenTech (Thailand) Ltd., AspenTech Africa (Pty.) Ltd., AspenTech Argentina S.R.L., AspenTech Canada Corporation, AspenTech Canada Holdings LLC, AspenTech Europe B.V., AspenTech Europe S.A./N.V., AspenTech Holding Corporation, AspenTech Japan Co. Ltd., AspenTech Ltd., AspenTech Pte. Ltd., AspenTech S.r.l., AspenTech Software Brasil Ltda., AspenTech Software Corporation, AspenTech Solutions Sdn. Bhd., AspenTech Venezuela C.A., Hyprotech, Hyprotech UK Ltd., Mtell, Mtelligence Corporation, Petrolsoft, RtTech Software - Cipher IoT, Sabisu Ltd., The Fidelis Group, The Fidelis Group LLC, and mnubo.

When was Aspen Technology founded?

Aspen Technology was founded in 1981.

What is Aspen Technology's official website?

The official website for Aspen Technology is www.aspentech.com.

Where are Aspen Technology's headquarters?

Aspen Technology is headquartered at 20 Crosby Drive, Bedford MA, 01730.

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 or via email at [email protected]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
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