Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. It operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance Management, which are integrated applications that allow end users to design process manufacturing environments, forecast and simulate potential actions, monitor operational performances, predict the reliability of an asset 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 include companies that are engaged in the process and other industries, including 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400
Debt
Debt-to-Equity RatioN/A
Current Ratio0.26
Quick Ratio0.26
Price-To-Earnings
Trailing P/E Ratio52.30
Forward P/E Ratio41.43
P/E Growth4.11
Sales & Book Value
Annual Sales$499.51 million
Price / Sales15.31
Cash Flow$2.1834 per share
Price / Cash49.34
Book Value($3.98) per share
Price / Book-27.07
Profitability
EPS (Most Recent Fiscal Year)$2.06
Net Income$148.68 million
Net Margins29.77%
Return on Equity-53.91%
Return on Assets65.48%
Miscellaneous
Employees1,466
Outstanding Shares71,010,000
Market Cap$7.70 billion
Aspen Technology (NASDAQ:AZPN) Frequently Asked Questions
What is Aspen Technology's stock symbol?
Aspen Technology trades on the NASDAQ under the ticker symbol "AZPN."
How were Aspen Technology's earnings last quarter?
Aspen Technology, Inc. (NASDAQ:AZPN) issued its earnings results on Wednesday, August, 8th. The technology company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.03. The technology company earned $125.96 million during the quarter, compared to analysts' expectations of $125.60 million. Aspen Technology had a negative return on equity of 53.91% and a net margin of 29.77%. The company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 EPS. View Aspen Technology's Earnings History.
When is Aspen Technology's next earnings date?
What price target have analysts set for AZPN?
7 equities research analysts have issued 1-year price targets for Aspen Technology's shares. Their forecasts range from $65.00 to $114.00. On average, they anticipate Aspen Technology's stock price to reach $94.5714 in the next year. This suggests that the stock has a possible downside of 12.2%. View Analyst Price Targets for Aspen Technology.
What is the consensus analysts' recommendation for Aspen Technology?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Aspen Technology.
Who are some of Aspen Technology's key competitors?
Some companies that are related to Aspen Technology include Wipro (WIT), Verisign (VRSN), NTT DATA Corp/ADR (NTDTY), Amdocs (DOX), Obic (OBIIF), EPAM Systems (EPAM), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Endava (DAVA), Luxoft (LXFT) and PROS (PRO).
Who are Aspen Technology's key executives?
Aspen Technology's management team includes the folowing people:
- Mr. Antonio J. Pietri, Pres, CEO & Director (Age 52)
- Mr. Karl E. Johnsen, Sr. VP & CFO (Age 50)
- Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 58)
- Mr. Willie K. Chan, Chief Technology Officer
- Mr. Joshua Fredberg, Exec. VP of Products and Marketing (Age 48)
Has Aspen Technology been receiving favorable news coverage?
Media stories about AZPN stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aspen Technology earned a news and rumor sentiment score of 0.12 on Accern's scale. They also gave media coverage about the technology company an impact score of 44.70 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Aspen Technology.
Who are Aspen Technology's major shareholders?
Aspen Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Waddell & Reed Financial Inc. (6.11%), Renaissance Technologies LLC (5.44%), BlackRock Inc. (5.03%), FMR LLC (3.09%), Fisher Asset Management LLC (2.58%) and Wells Fargo & Company MN (1.56%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Joan C Mcardle, Jr Robert M Whelan, Karl E Johnsen, R Halsey Wise and William Griffin. 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 BlackRock Inc., Waddell & Reed Financial Inc., Mawer Investment Management Ltd., Aristotle Capital Boston LLC, Wells Fargo & Company MN, Schwab Charles Investment Management Inc., Rothschild Asset Management Inc. and BTIM Corp.. Company insiders that have sold Aspen Technology company stock in the last year include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Jr Robert M Whelan and Karl E Johnsen. View Insider Buying and Selling for Aspen Technology.
Which major investors are buying Aspen Technology stock?
AZPN stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Virginia Retirement Systems ET AL, FMR LLC, Paloma Partners Management Co, First Quadrant L P CA, Renaissance Technologies LLC, Standard Life Aberdeen plc and Sei Investments Co.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Aspen Technology's stock price today?
One share of AZPN stock can currently be purchased for approximately $107.73.
How big of a company is Aspen Technology?
Aspen Technology has a market capitalization of $7.70 billion and generates $499.51 million in revenue each year. The technology company earns $148.68 million in net income (profit) each year or $2.06 on an earnings per share basis. Aspen Technology employs 1,466 workers across the globe.
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.
MarketBeat Community Rating for Aspen Technology (NASDAQ AZPN)
MarketBeat's community ratings are surveys of what our community members think about Aspen Technology and other stocks. Vote "Outperform" if you believe AZPN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AZPN will underperform the S&P 500 over the long term. You may vote once every thirty days.
