NASDAQ:AZPN - Aspen Technology Stock Price, Forecast & News

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

Aspen Technology, Inc. (NASDAQ:AZPN) posted its quarterly earnings data on Wednesday, October, 30th. The technology company reported $0.79 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.49 by $0.30. The technology company earned $134.09 million during the quarter, compared to the consensus estimate of $119.49 million. Aspen Technology had a return on equity of 67.12% and a net margin of 43.83%. Aspen Technology's quarterly revenue was up 17.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 earnings per share. View Aspen Technology's Earnings History.

Aspen Technology is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Aspen Technology.

Aspen Technology will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Aspen Technology updated its FY20 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of $3.47-3.89 for the period, compared to the Thomson Reuters consensus estimate of $3.75. The company issued revenue guidance of $575-615 million, compared to the consensus revenue estimate of $600.48 million.

6 analysts have issued twelve-month price objectives for Aspen Technology's shares. Their forecasts range from $123.00 to $154.00. On average, they anticipate Aspen Technology's share price to reach $140.83 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. View Analyst Price Targets 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.

Headlines about AZPN stock have been trending extremely negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aspen Technology earned a news impact score of -5.0 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Aspen Technology.

Some companies that are related to Aspen Technology include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Aspen Technology investors own include Alibaba Group (BABA), Cisco Systems (CSCO), NVIDIA (NVDA), Home Depot (HD), Visa (V), Procter & Gamble (PG), QUALCOMM (QCOM), salesforce.com (CRM), CVS Health (CVS) and Mastercard (MA).

Aspen Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.54%), Copper Rock Capital Partners LLC (0.28%), Boston Trust Walden Corp (0.27%), Riverbridge Partners LLC (0.25%), Cerebellum GP LLC (0.01%) and Alpha Windward LLC (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, Karl E Johnsen and Simon Orebi Gann. View Institutional Ownership Trends for Aspen Technology.

AZPN stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners 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.

AZPN stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Wedge Capital Management L L P NC, Boston Trust Walden Corp, Alpha Windward LLC, Cerebellum GP LLC and Allred Capital Management LLC. View Insider Buying and Selling for 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.

One share of AZPN stock can currently be purchased for approximately $141.70.

Aspen Technology has a market capitalization of $9.67 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.

The official website for Aspen Technology is http://www.aspentech.com/.

Aspen Technology's mailing address is 20 Crosby Drive, Bedford MA, 01730. The technology company can be reached via phone at 781-221-6400.