NASDAQ:AZPN - Aspen Technology Stock Price, News, & Analysis

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$99.52 -0.24 (-0.24 %)
(As of 02/21/2019 02:44 PM ET)
Previous Close$99.76
Today's Range$98.83 - $100.13
52-Week Range$74.84 - $118.86
Volume5,552 shs
Average Volume505,769 shs
Market Capitalization$6.93 billion
P/E Ratio48.29
Dividend YieldN/A
Beta1.53
Aspen Technology, Inc., together with its subsidiaries, operates as an asset optimization software company in the United States, Europe, and internationally. The company 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 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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Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:AZPN
CUSIP04532710
Phone781-221-6400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$499.51 million
Cash Flow$2.1940 per share
Book Value$6.21 per share

Profitability

Net Income$148.68 million

Miscellaneous

Employees1,466
Market Cap$6.93 billion
OptionableOptionable

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) posted its earnings results on Wednesday, January, 23rd. The technology company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.29. The technology company earned $140.42 million during the quarter, compared to analysts' expectations of $122.04 million. Aspen Technology had a return on equity of 204.42% and a net margin of 34.19%. The company's revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.88 earnings per share. View Aspen Technology's Earnings History.

When is Aspen Technology's next earnings date?

Aspen Technology is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Aspen Technology.

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

Aspen Technology issued an update on its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share guidance of $3.37-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.33. The company issued revenue guidance of $545-567 million, compared to the consensus revenue estimate of $554.07 million.

What price target have analysts set for AZPN?

6 equities research analysts have issued 1 year target prices for Aspen Technology's stock. Their forecasts range from $98.00 to $114.00. On average, they expect Aspen Technology's share price to reach $107.1667 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Aspen Technology.

What is the consensus analysts' recommendation for Aspen Technology?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aspen Technology.

Has Aspen Technology been receiving favorable news coverage?

Media stories about AZPN stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aspen Technology earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

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), Micron Technology (MU), Citigroup (C), Paypal (PYPL), Mastercard (MA), Netflix (NFLX), Nike (NKE), Square (SQ), Cisco Systems (CSCO) and Tesla (TSLA).

Who are Aspen Technology's key executives?

Aspen Technology's management team includes the folowing people:
  • Mr. Antonio J. Pietri, Pres, CEO & Director (Age 53)
  • Mr. Karl E. Johnsen, Sr. VP & CFO (Age 51)
  • Mr. Frederic G. Hammond, Sr. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Gary M. Weiss, Chief Operating Officer (Age 52)
  • Mr. Willie K. Chan, Chief Technology Officer

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (8.50%), BlackRock Inc. (5.34%), Fisher Asset Management LLC (2.64%), Brown Advisory Inc. (1.50%), MERIAN GLOBAL INVESTORS UK Ltd (1.34%) and Geode Capital Management LLC (1.01%). Company insiders that own Aspen Technology stock include Antonio J Pietri, Donald P Casey, F G Hammond, Gary E Haroian, Jr Robert M Whelan, Karl E Johnsen 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 Nuveen Asset Management LLC, First Quadrant L P CA, Acadian Asset Management LLC, Two Sigma Advisers LP, First Trust Advisors LP, Mackenzie Financial Corp, Geode Capital Management LLC and Los Angeles Capital Management & Equity Research Inc.. 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 Brown Advisory Inc., MERIAN GLOBAL INVESTORS UK Ltd, Copper Rock Capital Partners LLC, Assenagon Asset Management S.A., Foresters Investment Management Company Inc., Virginia Retirement Systems ET AL, Canada Pension Plan Investment Board and Bank of Nova Scotia. 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 $99.52.

How big of a company is Aspen Technology?

Aspen Technology has a market capitalization of $6.93 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.

What is Aspen Technology's official website?

The official website for Aspen Technology is http://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.


MarketBeat Community Rating for Aspen Technology (NASDAQ AZPN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  329 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  659
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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