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NASDAQ:AZPN

Aspen Technology Stock Forecast, Price & News

$109.81
-2.09 (-1.87 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$108.15
Now: $109.81
$114.98
50-Day Range
$111.90
MA: $128.00
$134.56
52-Week Range
$73.07
Now: $109.81
$142.89
Volume709,592 shs
Average Volume285,652 shs
Market Capitalization$7.42 billion
P/E Ratio33.28
Dividend YieldN/A
Beta1.31
Aspen Technology, Inc., together with its subsidiaries, provides asset optimization solutions in the United States, Europe, the Asia Pacific, Canada, Latin America, and the Middle East. The company operates through two segments, Subscription and Software. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments. The company 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.02 out of 5 stars

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryApplication Software
Current SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400
Employees1,600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$590.18 million
Cash Flow$3.84 per share
Book Value$5.70 per share

Profitability

Net Income$225.71 million

Miscellaneous

Market Cap$7.42 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$109.81
-2.09 (-1.87 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Aspen Technology (NASDAQ:AZPN) Frequently Asked Questions

How has Aspen Technology's stock 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 (WHO). Since then, AZPN shares have increased by 15.7% and is now trading at $109.81.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Aspen Technology
.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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 Wednesday, August, 12th. The technology company reported $1.45 EPS for the quarter, topping the Zacks' consensus estimate of $1.09 by $0.36. The technology company earned $199.33 million during the quarter, compared to analysts' expectations of $176.75 million. Aspen Technology had a net margin of 38.24% and a return on equity of 59.19%.
View Aspen Technology's earnings history
.

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

Aspen Technology issued an update on its FY 2021 After-Hours earnings guidance on Wednesday, August, 12th. The company provided EPS guidance of 4.78-5.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.64. The company issued revenue guidance of $704-754 million, compared to the consensus revenue estimate of $600.43 million.

What price target have analysts set for AZPN?

6 equities research analysts have issued 1-year price targets for Aspen Technology's stock. Their forecasts range from $100.00 to $156.00. On average, they expect Aspen Technology's share price to reach $122.33 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
View analysts' price targets for Aspen Technology
.

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), Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ) and The Procter & Gamble (PG).

Who are Aspen Technology's key executives?

Aspen Technology's management team includes the following people:
  • Mr. Antonio J. Pietri, Pres, CEO & Director (Age 54, Pay $1.33M)
  • Mr. Karl E. Johnsen, Sr. VP & CFO (Age 52, Pay $711.98k)
  • Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 60, Pay $640.76k)
  • Mr. Christopher Stagno CPA, Sr. VP & Chief Accounting Officer (Age 45)
  • Mr. Willie K. Chan, Chief Technology Officer

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 a variety of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.87%), Howland Capital Management LLC (0.33%), Boston Trust Walden Corp (0.31%), Riverbridge Partners LLC (0.28%), Envestnet Asset Management Inc. (0.22%) and Kornitzer Capital Management Inc. KS (0.17%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, 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 Copper Rock Capital Partners LLC, Ilmarinen Mutual Pension Insurance Co, Envestnet Asset Management Inc., Kornitzer Capital Management Inc. KS, State of New Jersey Common Pension Fund D, GW Henssler & Associates Ltd., BNP Paribas Arbitrage SA, and Amalgamated Bank. Company insiders that have sold Aspen Technology company stock in the last year include Donald P Casey, and Karl E Johnsen.
View insider buying and selling activity for Aspen Technology
.

Which major investors are buying Aspen Technology stock?

AZPN stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Riverbridge Partners LLC, Boston Trust Walden Corp, KBC Group NV, WINTON GROUP Ltd, State of Alaska Department of Revenue, Howland Capital Management LLC, and Toronto Dominion Bank.
View insider buying and selling activity 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 $109.81.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $7.42 billion and generates $590.18 million in revenue each year. The technology company earns $225.71 million in net income (profit) each year or $3.36 on an earnings per share basis. Aspen Technology employs 1,600 workers across the globe.

What is Aspen Technology's official website?

The official website for Aspen Technology is www.aspentech.com.

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.

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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