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 (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) released its quarterly earnings data on Wednesday, January, 23rd. The technology company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.29. The technology company had revenue of $140.42 million for 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 company's revenue 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?
How can I listen to Aspen Technology's earnings call?
Aspen Technology will be holding an earnings conference call on Wednesday, April 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8337136081.
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 EPS guidance of $3.37-3.60 for the period, compared to the Thomson Reuters consensus EPS 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 12-month price targets for Aspen Technology's stock. Their forecasts range from $98.00 to $120.00. On average, they anticipate Aspen Technology's share price to reach $109.3333 in the next twelve months. This suggests a possible upside of 0.8% 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?
Headlines about AZPN stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 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 impact on the stock's share price in the near future.
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), Obic (OBIIF), Zscaler (ZS), Amdocs (DOX), GEMALTO NV/S (GTOMY), Sogou (SOGO), Luxoft (LXFT), PROS (PRO), Virtusa (VRTU), 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 number of of institutional and retail investors. Top institutional shareholders include BTIM Corp. (0.54%), Copper Rock Capital Partners LLC (0.27%), Scout Investments Inc. (0.17%), TrimTabs Asset Management LLC (0.02%), State of Alaska Department of Revenue (0.01%) and First Manhattan Co. (0.01%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Jr Robert M Whelan and Karl E Johnsen. 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 Quantitative Systematic Strategies LLC, Meeder Asset Management Inc., State of Alaska Department of Revenue and First Hawaiian Bank. 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 purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Copper Rock Capital Partners LLC, BTIM Corp., Strs Ohio, First Manhattan Co., Oakbrook Investments LLC and TrimTabs Asset Management 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, Scottrade, Fidelity and Charles Schwab.
What is Aspen Technology's stock price today?
One share of AZPN stock can currently be purchased for approximately $108.42.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $7.55 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.
