NASDAQ:AZPN

Aspen Technology Stock Forecast, Price & News

$123.88
-1.80 (-1.43 %)
(As of 09/21/2021 01:41 PM ET)
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Today's Range
$123.77
$126.53
50-Day Range
$125.00
$147.97
52-Week Range
$108.15
$162.56
Volume6,421 shs
Average Volume515,501 shs
Market Capitalization$8.31 billion
P/E Ratio25.75
Dividend YieldN/A
Beta1.24
30 days | 90 days | 365 days | Advanced Chart
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Aspen Technology logo

About Aspen Technology

Aspen Technology, Inc. engages in the provision of asset optimization solutions. It develops its applications to design, and optimize processes across the engineering, manufacturing, supply chain, and asset performance management areas. The firm operates through the Subscription and Software, and Services and Other segments. The Subscription and Software segment offers licensing of process optimization, asset performance management software solutions and associated support services. The Services and Other segment includes professional services, and training. The company was founded in 1981 and is headquartered in Bedford, MA.

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MarketRank

Overall MarketRank

1.60 out of 5 stars

Computer And Technology Sector

626th out of 858 stocks

Custom Computer Programming Services Industry

23rd out of 36 stocks

Analyst Opinion: 2.2Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 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?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.
View our earnings forecast for Aspen Technology
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) announced its earnings results on Tuesday, August, 10th. The technology company reported $1.53 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.47 by $0.06. The technology company earned $197.96 million during the quarter, compared to the consensus estimate of $206.15 million. Aspen Technology had a net margin of 45.08% and a trailing twelve-month return on equity of 48.61%.
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 shares have increased by 31.0% and is now trading at $124.25.
View which stocks have been most impacted by COVID-19
.

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

Aspen Technology updated its FY 2022 earnings guidance on Wednesday, September, 8th. The company provided earnings per share (EPS) guidance of $4.790-$5.170 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.870. The company issued revenue guidance of $702 million-$737 million, compared to the consensus revenue estimate of $728.82 million.

What price target have analysts set for AZPN?

6 analysts have issued 1-year price targets for Aspen Technology's shares. Their forecasts range from $140.00 to $165.00. On average, they expect Aspen Technology's share price to reach $151.80 in the next twelve months. This suggests a possible upside of 22.2% 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:
  • Antonio Jose Pietri, President, Chief Executive Officer & Director (LinkedIn Profile)
  • John W. Hague, Executive Vice President-Operations (LinkedIn Profile)
  • Chantelle Breithaupt, Chief Financial Officer & Senior Vice President
  • Willie K. Chan, Chief Technology Officer
  • Frederic George Hammond, Secretary, Senior Vice President & General Counsel

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 many different retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (9.93%), Vanguard Group Inc. (9.63%), BlackRock Inc. (9.13%), Macquarie Group Ltd. (4.32%), FMR LLC (4.05%) and Neuberger Berman Group LLC (3.78%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, John Hague, 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 BlueSpruce Investments LP, FMR LLC, Echo Street Capital Management LLC, Millennium Management LLC, Bank of America Corp DE, Wells Fargo & Company MN, Allianz Asset Management GmbH, and Epoch Investment Partners Inc.. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, F G Hammond, 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 institutional investors are buying Aspen Technology stock?

AZPN stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., BlackRock Inc., State Street Corp, Bank of New York Mellon Corp, Lazard Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Vanguard Group Inc., and Northern Trust Corp.
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 $124.25.

How much money does Aspen Technology make?

Aspen Technology has a market capitalization of $8.33 billion and generates $709.38 million in revenue each year. The technology company earns $319.80 million in net income (profit) each year or $4.81 on an earnings per share basis.

How many employees does Aspen Technology have?

Aspen Technology employs 1,897 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 9/21/2021 by MarketBeat.com Staff
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