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 Date10/30/2019 (Confirmed)
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) issued its quarterly earnings data on Wednesday, August, 7th. The technology company reported $1.52 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.50. The technology company had revenue of $195.77 million for the quarter, compared to the consensus estimate of $162.71 million. Aspen Technology had a net margin of 43.91% and a return on equity of 62.06%. The company's quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.59 EPS. View Aspen Technology's Earnings History.
When is Aspen Technology's next earnings date?
How can I listen to Aspen Technology's earnings call?
Aspen Technology will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Aspen Technology issued on next quarter's earnings?
Aspen Technology updated 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 target prices for Aspen Technology's shares. Their predictions range from $123.00 to $155.00. On average, they anticipate Aspen Technology's share price to reach $140.33 in the next twelve months. This suggests a possible upside of 20.3% 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 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 articles about AZPN stock have been trending somewhat positive on Monday, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Aspen Technology earned a news impact score of 0.8 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press 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 increase in short interest in the month of September. As of September 15th, there was short interest totalling 840,100 shares, an increase of 13.6% from the August 15th total of 739,800 shares. Based on an average daily volume of 405,600 shares, the short-interest ratio is currently 2.1 days. Currently, 1.2% of the company's shares are sold short. 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 Wipro (WIT), Verisign (VRSN), 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), Formula Systems (1985) (FORTY) and Glu Mobile (GLUU).
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 Stephens Investment Management Group LLC (1.09%), Riverbridge Partners LLC (0.26%), Copper Rock Capital Partners LLC (0.25%), Envestnet Asset Management Inc. (0.15%), Scout Investments Inc. (0.08%) and Whittier Trust Co. (0.03%). 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 Scout Investments Inc., Stephens Investment Management Group LLC, Copper Rock Capital Partners LLC, Exane Derivatives and Cerebellum GP 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, 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 purchased by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Fox Run Management L.L.C., Envestnet Asset Management Inc., Hexavest Inc., Meeder Asset Management Inc., Atwater Malick LLC, Whittier Trust Co. of Nevada Inc. and Riverbridge Partners LLC. 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 $116.61.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $7.97 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.
