S&P 500   5,022.21
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QQQ   425.84
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Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
NASDAQ:AZPN

Aspen Technology (AZPN) Stock Price, News & Analysis

$197.48
-2.97 (-1.48%)
(As of 04/17/2024 ET)
Today's Range
$197.43
$202.49
50-Day Range
$175.36
$217.59
52-Week Range
$161.32
$236.78
Volume
143,483 shs
Average Volume
200,363 shs
Market Capitalization
$12.55 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$210.25

Aspen Technology MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
6.5% Upside
$210.25 Price Target
Short Interest
Bearish
5.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.43
Upright™ Environmental Score
News Sentiment
0.67mentions of Aspen Technology in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.17%
From $5.82 to $5.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.10 out of 5 stars

Computer And Technology Sector

517th out of 592 stocks

Custom Computer Programming Services Industry

15th out of 20 stocks

AZPN stock logo

About Aspen Technology Stock (NASDAQ:AZPN)

Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of EMR Worldwide Inc.

AZPN Stock Price History

AZPN Stock News Headlines

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AZPN Factor-Based Stock Analysis
Aspen Technology Inc.
Aspen Technology Helps Advance TenneT's Energy Transition
Aspen Technology, Inc. (AZPN)
Aspen Technology Inc
AZPN Apr 2024 170.000 put
AZPN Aug 2024 140.000 put
The Analyst Landscape: 4 Takes On Aspen Technology
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
4/18/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Application Software
Current Symbol
NASDAQ:AZPN
CUSIP
04532710
Employees
1,014
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$210.25
High Stock Price Target
$230.00
Low Stock Price Target
$196.00
Potential Upside/Downside
+6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-107,760,000.00
Pretax Margin
-14.03%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$12.27 per share
Book Value
$201.50 per share

Miscellaneous

Free Float
62,914,000
Market Cap
$12.55 billion
Optionable
Optionable
Beta
0.77

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Key Executives

  • Mr. Antonio J. PietriMr. Antonio J. Pietri (Age 58)
    President, CEO & Director
    Comp: $1.4M
  • Mr. Mark Mouritsen (Age 56)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $474.84k
  • Mr. Manish Chawla (Age 51)
    Senior VP & Chief Customer Officer
    Comp: $614.26k
  • Mr. Christopher Stagno CPA (Age 48)
    Senior VP, Chief Accounting Officer & Interim CFO
  • Mr. Stuart Harris
    Senior VP and Chief Marketing & Strategy Officer
  • Ms. Sophia Xu
    Chief Corporate Development Officer
  • Mr. Filipe Soares-Pinto
    Senior Vice President of Global Sales
  • Ms. Sharon Vinci
    Chief Human Resource Officer
  • Mr. Steve Santy M.Sc.
    Chief Integration Officer
  • Ms. Rasha Hasaneen
    Chief Product & Sustainability Officer

AZPN Stock Analysis - Frequently Asked Questions

Should I buy or sell Aspen Technology stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aspen Technology in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AZPN shares. 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 AZPN analyst ratings
or view top-rated stocks.

What is Aspen Technology's stock price target for 2024?

5 Wall Street analysts have issued 12-month target prices for Aspen Technology's stock. Their AZPN share price targets range from $196.00 to $230.00. On average, they anticipate the company's share price to reach $210.25 in the next year. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for AZPN
or view top-rated stocks among Wall Street analysts.

How have AZPN shares performed in 2024?

Aspen Technology's stock was trading at $220.15 at the beginning of 2024. Since then, AZPN shares have decreased by 10.3% and is now trading at $197.48.
View the best growth stocks for 2024 here
.

Are investors shorting Aspen Technology?

Aspen Technology saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,450,000 shares, an increase of 5.8% from the March 15th total of 1,370,000 shares. Based on an average daily volume of 206,000 shares, the days-to-cover ratio is currently 7.0 days. Approximately 5.4% of the shares of the stock are sold short.
View Aspen Technology's Short Interest
.

When is Aspen Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AZPN earnings forecast
.

How can I listen to Aspen Technology's earnings call?

Aspen Technology will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Aspen Technology's earnings last quarter?

Aspen Technology, Inc. (NASDAQ:AZPN) issued its quarterly earnings data on Tuesday, February, 6th. The technology company reported $1.17 EPS for the quarter, missing analysts' consensus estimates of $1.23 by $0.06. The technology company had revenue of $257.16 million for the quarter, compared to analysts' expectations of $259.70 million. Aspen Technology had a negative net margin of 8.17% and a positive trailing twelve-month return on equity of 2.38%.

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

Aspen Technology updated its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of 6.590- for the period, compared to the consensus estimate of 6.590. The company issued revenue guidance of $1.1 billion-, compared to the consensus revenue estimate of $1.1 billion.

What is Antonio Pietri's approval rating as Aspen Technology's CEO?

225 employees have rated Aspen Technology Chief Executive Officer Antonio Pietri on Glassdoor.com. Antonio Pietri has an approval rating of 69% among the company's employees. 64.0% of employees surveyed would recommend working at Aspen Technology to a friend.

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).

Who are Aspen Technology's major shareholders?

Aspen Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alaska Permanent Fund Corp (0.02%), Curated Wealth Partners LLC (0.00%), MJP Associates Inc. ADV (0.00%), Wallace Advisory Group LLC (0.00%), Thrive Wealth Management LLC (0.00%) and Steph & Co. (0.00%). Insiders that own company stock include Antonio J Pietri, Donald P Casey, F G Hammond, John Hague and Jr Robert M Whelan.
View institutional ownership trends
.

How do I buy shares of Aspen Technology?

Shares of AZPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NASDAQ:AZPN) was last updated on 4/18/2024 by MarketBeat.com Staff

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