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NASDAQ:AZPN

Aspen Technology Stock Forecast, Price & News

$148.02
-3.57 (-2.36%)
(As of 12/6/2021 12:00 AM ET)
Add
Compare
Today's Range
$146.78
$153.38
50-Day Range
$122.80
$167.96
52-Week Range
$122.29
$169.22
Volume
285,703 shs
Average Volume
509,324 shs
Market Capitalization
$9.91 billion
P/E Ratio
31.03
Dividend Yield
N/A
Beta
1.36
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.

Headlines

Aspen Technology (NASDAQ:AZPN) Shares Gap Up to $145.98
December 6, 2021 |  americanbankingnews.com
Aspen Technology (NASDAQ:AZPN) Shares Up 3%
December 3, 2021 |  americanbankingnews.com
Aspen Technology Achieves AWS Energy Competency Status
November 30, 2021 |  finance.yahoo.com
ASPENTECH INVESTOR ALERT BY THE FORMER ATTORNEY...
November 20, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Application Software
Current Symbol
NASDAQ:AZPN
CUSIP
04532710
Employees
1,897
Year Founded
1981

Sales & Book Value

Annual Sales
$709.38 million
Cash Flow
$5.20 per share
Book Value
$10.35 per share

Profitability

Net Income
$319.80 million
Pretax Margin
53.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
66,250,000
Market Cap
$9.91 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/26/2021
Today
12/06/2021
Next Earnings (Estimated)
1/26/2022
Fiscal Year End
6/30/2022

Social Links


MarketRank

Overall MarketRank

2.27 out of 5 stars

Computer And Technology Sector

422nd out of 894 stocks

Custom Computer Programming Services Industry

12th out of 37 stocks

Analyst Opinion: 3.2Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Aspen Technology (NASDAQ:AZPN) Frequently Asked Questions

Is Aspen Technology a buy right now?

8 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 4 buy ratings for the stock. The consensus among Wall Street 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.

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 (WHO). Since then, AZPN stock has increased by 56.0% and is now trading at $148.02.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Aspen Technology?

Aspen Technology saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 786,300 shares, a decrease of 25.1% from the October 31st total of 1,050,000 shares. Based on an average trading volume of 494,100 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.2% of the company's stock are short sold.
View Aspen Technology's Short Interest
.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Aspen Technology
.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) released its earnings results on Tuesday, October, 26th. The technology company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.12. The technology company had revenue of $136 million for the quarter, compared to analyst estimates of $125.23 million. Aspen Technology had a net margin of 44.70% and a trailing twelve-month return on equity of 47.03%. The firm's revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.
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 2022 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of $4.750-$5.130 for the period, compared to the Thomson Reuters consensus estimate of $4.990. The company issued revenue guidance of $702 million-$737 million, compared to the consensus revenue estimate of $726.20 million.

What price target have analysts set for AZPN?

8 brokers have issued 1 year target prices for Aspen Technology's stock. Their forecasts range from $144.00 to $176.00. On average, they expect Aspen Technology's share price to reach $164.29 in the next twelve months. This suggests a possible upside of 11.0% 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 Yvette 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.

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 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 a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.14%), BlackRock Inc. (9.18%), Nordea Investment Management AB (6.72%), Neuberger Berman Group LLC (3.79%), Standard Investments LLC (2.98%) and Wellington Management Group LLP (2.29%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, 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 Macquarie Group Ltd., BlueSpruce Investments LP, Credit Suisse AG, Morgan Stanley, Goldman Sachs Group Inc., Allianz Asset Management GmbH, BlackRock Inc., and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, Donald P Casey, 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 purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, FIL Ltd, Two Creeks Capital Management LP, Van ECK Associates Corp, Fisher Asset Management LLC, Standard Investments LLC, Franklin Resources Inc., and Strategic Global Advisors LLC.
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 $148.02.

How much money does Aspen Technology make?

Aspen Technology has a market capitalization of $9.91 billion and generates $709.38 million in revenue each year. The technology company earns $319.80 million in net income (profit) each year or $4.77 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, via email at [email protected], or via fax at 781-221-6410.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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