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.
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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$598.34 million
Profitability
Miscellaneous
Employees1,600
Next Earnings Date10/23/2019 (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) posted its quarterly earnings data on Wednesday, August, 7th. The technology company reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.50. The technology company earned $195.77 million during the quarter, compared to analysts' expectations of $162.71 million. Aspen Technology had a net margin of 43.91% and a return on equity of 62.06%. The firm's revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.59 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 FY20 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $3.44 to $3.85 for the period, compared to the Thomson Reuters consensus EPS 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 12 month price objectives for Aspen Technology's shares. Their forecasts range from $123.00 to $155.00. On average, they expect Aspen Technology's stock price to reach $140.3333 in the next year. This suggests a possible upside of 10.6% 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 headlines about AZPN stock have trended somewhat 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 companies on a scale of negative five to five, with scores closest to five being the most favorable. Aspen Technology earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles 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 next few days. View News Stories for Aspen Technology.
Are investors shorting Aspen Technology?
Aspen Technology saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 819,100 shares, a decline of 14.1% from the July 31st total of 953,400 shares. Based on an average daily trading volume, of 387,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.2% of the company's stock are short sold. View Aspen Technology's Current Options Chain.
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Cognizant Technology Solutions (CTSH), Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), Obic (OBIIF), EPAM Systems (EPAM), Amdocs (DOX), Zscaler (ZS), GEMALTO NV/S (GTOMY), PROS (PRO), Endava (DAVA), Sogou (SOGO), Perficient (PRFT), Virtusa (VRTU) and Formula Systems (1985) (FORTY).
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 number of of retail and institutional investors. Top institutional investors 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 $126.85.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $8.67 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 1,600 workers across the globe.View Additional Information About Aspen Technology.
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.
