S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:AZPN

Aspen Technology (AZPN) Stock Forecast, Price & News

$194.01
+7.01 (+3.75%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$186.94
$194.91
50-Day Range
$136.79
$194.01
52-Week Range
$122.29
$194.91
Volume
503,461 shs
Average Volume
419,764 shs
Market Capitalization
$12.58 billion
P/E Ratio
48.38
Dividend Yield
N/A
Beta
1.26
30 days | 90 days | 365 days | Advanced Chart
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Aspen Technology logo

About Aspen Technology

Aspen Technology, Inc., together with its subsidiaries, provides asset optimization solutions in North America, Europe, the Asia Pacific, Latin America, and the Middle East. The company operates in two segments, Subscription and Software, and Services and Other. It offers asset optimization software that optimizes asset design, operations, and maintenance 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, food and beverage, 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.

Headlines

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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
$5.32 per share
Book Value
$11.95 per share

Profitability

Net Income
$319.80 million
Pretax Margin
46.36%

Debt

Price-To-Earnings

Miscellaneous

Free Float
64,180,000
Market Cap
$12.58 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/27/2022
Today
5/21/2022
Fiscal Year End
6/30/2022
Next Earnings (Estimated)
8/10/2022

Social Links


MarketRank

Overall MarketRank

1.75 out of 5 stars

Computer And Technology Sector

551st out of 924 stocks

Custom Computer Programming Services Industry

23rd out of 42 stocks

Analyst Opinion: 1.3Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 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, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Aspen Technology stock.
View analyst ratings for Aspen Technology
or view top-rated stocks.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 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 Wednesday, April, 27th. The technology company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.01. The technology company had revenue of $187.75 million for the quarter, compared to analyst estimates of $190.61 million. Aspen Technology had a net margin of 39.22% and a trailing twelve-month return on equity of 40.86%. Aspen Technology's quarterly revenue was up 15.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.94 earnings per share.
View Aspen Technology's earnings history
.

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

Aspen Technology issued an update on its FY22 earnings guidance on Wednesday, April, 27th. The company provided EPS guidance of $5.33-5.50 for the period, compared to the consensus EPS estimate of $5.29. The company issued revenue guidance of $737-754 million, compared to the consensus revenue estimate of $743.52 million.

What price target have analysts set for AZPN?

8 analysts have issued 1-year price targets 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 $166.50 in the next twelve months. This suggests that the stock has a possible downside of 14.2%.
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:
  • Mr. Antonio J. Pietri, Pres & CEO (Age 56, Pay $929.27k) (LinkedIn Profile)
  • Ms. Chantelle Breithaupt, Sr. VP & CFO
  • Mr. John W. Hague, Exec. VP of Operations (Age 63, Pay $549.49k) (LinkedIn Profile)
  • Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 62, Pay $486.2k)
  • Mr. Christopher Stagno CPA, Sr. VP & Chief Accounting Officer (Age 47)
  • Mr. Willie K. Chan, Chief Technology Officer
  • Mr. Glover H. Lawrence, Sr. VP of Corp. Devel. (Age 54)
  • Mr. Lawrence Schwartz, Sr. VP & Chief Marketing Officer
  • Mr. Skip Maloney, Sr. VP & Chief HR Officer
  • Ms. Michele Triponey, Exec. VP of Field Operations & Chief Customer Success Officer
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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.98%), Vanguard Group Inc. (9.51%), Nordea Investment Management AB (3.14%), State Street Corp (2.72%), Clearbridge Investments LLC (1.55%) and Fisher Asset Management LLC (1.45%). 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 Van ECK Associates Corp, JPMorgan Chase & Co., Raymond James & Associates, Nordea Investment Management AB, Capital Research Global Investors, Bank of New York Mellon Corp, Goldman Sachs Group Inc., and Lombard Odier Asset Management Europe Ltd. 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, and Jr Robert M Whelan.
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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, Allianz Asset Management GmbH, First Trust Advisors LP, Pertento Partners LLP, Sei Investments Co., Vanguard Group Inc., and Invesco Ltd..
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 $194.01.

How much money does Aspen Technology make?

Aspen Technology has a market capitalization of $12.58 billion and generates $709.38 million in revenue each year. The technology company earns $319.80 million in net income (profit) each year or $4.009990 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.

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 5/21/2022 by MarketBeat.com Staff

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