NASDAQ:AZPN Aspen Technology (AZPN) Stock Price, News & Analysis $225.10 -3.40 (-1.49%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$223.66▼$229.7250-Day Range$172.90▼$234.1452-Week Range$162.26▼$235.10Volume291,057 shsAverage Volume209,238 shsMarket Capitalization$14.26 billionP/E RatioN/ADividend YieldN/APrice Target$224.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Aspen Technology alerts: Email Address Aspen Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside0.3% Downside$224.50 Price TargetShort InterestBearish5.06% of Float Sold ShortDividend StrengthN/ASustainability-1.43Upright™ Environmental ScoreNews Sentiment0.93Based on 5 Articles This WeekInsider TradingSelling Shares$219,100 Sold Last QuarterProj. Earnings Growth7.96%From $6.53 to $7.05 Per ShareSee Full Details Hide Full Details 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.2.30 out of 5 starsComputer And Technology Sector398th out of 594 stocksCustom Computer Programming Services Industry13th out of 23 stocks 1.3 Analyst's Opinion Consensus RatingAspen Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAspen Technology has only been the subject of 1 research reports in the past 90 days.Read more about Aspen Technology's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.06% of the float of Aspen Technology has been sold short.Short Interest Ratio / Days to CoverAspen Technology has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Aspen Technology has recently increased by 11.57%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAspen Technology does not currently pay a dividend.Dividend GrowthAspen Technology does not have a long track record of dividend growth. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAspen Technology has received a 17.97% net impact score from Upright. Aspen Technology seems to create the most significant positive value in categories "Taxes", "Creating knowledge", and "Jobs". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Asset performance management software", "Process analytics software", and "Manufacturing management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Aspen Technology is -1.43. Previous Next 3.9 News and Social Media Coverage News SentimentAspen Technology has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Aspen Technology this week, compared to 4 articles on an average week.Search Interest3 people have searched for AZPN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows2 people have added Aspen Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Aspen Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $219,100.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of Aspen Technology is held by insiders.Percentage Held by Institutions45.66% of the stock of Aspen Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Aspen Technology's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Aspen Technology are expected to grow by 7.96% in the coming year, from $6.53 to $7.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Aspen Technology is -511.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Aspen Technology is -511.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAspen Technology has a PEG Ratio of 2.73. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAspen Technology has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Aspen Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…Go here now to watch my new documentary 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.Read More AZPN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AZPN Stock News HeadlinesAugust 31, 2024 | insidertrades.comJr. Robert M. Whelan Sells 1,000 Shares of Aspen Technology, Inc. (NASDAQ:AZPN) StockSeptember 2, 2024 | americanbankingnews.comInsider Selling: Aspen Technology, Inc. (NASDAQ:AZPN) Director Sells $219,100.00 in StockSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 31, 2024 | finance.yahoo.comInsider Sale: Director Whelan, Jr. Robert M. Sells Shares of Aspen Technology Inc (AZPN)August 29, 2024 | finance.yahoo.comAspen Technology to Host 2024 Investor DayAugust 28, 2024 | americanbankingnews.comAnalysts Set Aspen Technology, Inc. (NASDAQ:AZPN) Price Target at $224.50August 15, 2024 | nasdaq.comAZPN Quantitative Stock AnalysisAugust 13, 2024 | finance.yahoo.comAspen Technology Partners with Omaha Public Power District to Support 2050 Net Zero Carbon VisionSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 9, 2024 | fool.comHere's Why This Software Company's Stock Surged This WeekAugust 8, 2024 | markets.businessinsider.comAspen Technology: Balancing Cautious Optimism with Market UncertaintiesAugust 7, 2024 | gurufocus.comWhat's Driving Aspen Technology Inc's Surprising 12% Stock Rally?August 7, 2024 | prnewswire.comEmerson Reports Third Quarter 2024 Results; Updates 2024 OutlookAugust 6, 2024 | businesswire.comAspen Technology Announces Financial Results for the Fourth Quarter and Fiscal 2024July 31, 2024 | bizjournals.comSolar developer Aspen Power completes Pennsylvania projectsJuly 19, 2024 | yahoo.comAspen Security Forum: Experts talk Russian aggression, China's space threat, AI's effect on 'democratic resilience'June 26, 2024 | investorplace.com7 Hidden-Gem AI Stocks That Deserve the SpotlightJune 18, 2024 | businesswire.comAspen Technology Educates Next Generation of Engineers on Sustainability CompetenciesSee More Headlines Receive AZPN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Aspen Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/04/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Custom computer programming services Sub-IndustryApplication Software Current SymbolNASDAQ:AZPN CUSIP04532710 CIK929940 Webwww.aspentech.com Phone(781) 221-6400Fax781-221-6410Employees3,937Year Founded1981Price Target and Rating Average Stock Price Target$224.50 High Stock Price Target$255.00 Low Stock Price Target$180.00 Potential Upside/Downside-0.3%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E Ratio34.47 P/E Growth2.73Net Income$-9,770,000.00 Net Margins-0.87% Pretax Margin-3.89% Return on Equity2.96% Return on Assets2.68% Debt Debt-to-Equity RatioN/A Current Ratio2.60 Quick Ratio2.60 Sales & Book Value Annual Sales$1.13 billion Price / Sales12.64 Cash Flow$13.45 per share Price / Cash Flow16.73 Book Value$202.56 per share Price / Book1.11Miscellaneous Outstanding Shares63,328,000Free Float62,695,000Market Cap$14.26 billion OptionableOptionable Beta0.75 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Antonio J. Pietri (Age 58)President, CEO & Director Comp: $1.4MMr. Mark Mouritsen (Age 56)Senior VP, Chief Legal Officer & Secretary Comp: $474.84kMr. Manish Chawla (Age 51)Senior VP & Chief Customer Officer Comp: $614.26kMr. Christopher Stagno CPA (Age 48)Senior VP, Chief Accounting Officer & Interim CFO Mr. Stuart HarrisSenior VP and Chief Marketing & Strategy OfficerMs. Sophia XuChief Corporate Development OfficerMr. Filipe Soares-PintoSenior Vice President of Global SalesMs. Sharon VinciChief Human Resource OfficerMr. Steve Santy M.Sc.Chief Integration OfficerMs. Rasha HasaneenChief Product & Sustainability OfficerMore ExecutivesKey CompetitorsSogouNYSE:SOGOGlu MobileNASDAQ:GLUUVirtusaNASDAQ:VRTUYalla GroupNYSE:YALAAutodeskNASDAQ:ADSKView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 11,541 shares on 9/5/2024Ownership: 0.018%Jr. Robert M WhelanSold 1,000 sharesTotal: $219,100.00 ($219.10/share)Clearbridge Investments LLCSold 28,556 shares on 8/27/2024Ownership: 0.736%Cetera Investment AdvisersBought 81 shares on 8/22/2024Ownership: 0.009%Truist Financial CorpSold 3,198 shares on 8/21/2024Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions AZPN Stock Analysis - Frequently Asked Questions How have AZPN shares performed this year? Aspen Technology's stock was trading at $220.15 on January 1st, 2024. Since then, AZPN stock has increased by 2.2% and is now trading at $225.10. View the best growth stocks for 2024 here. How were Aspen Technology's earnings last quarter? Aspen Technology, Inc. (NASDAQ:AZPN) posted its earnings results on Tuesday, August, 6th. The technology company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.49. The company's revenue for the quarter was up 6.9% on a year-over-year basis. 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. Does Aspen Technology have any subsidiaries? Aspen Technology subsidiaries include mnubo, Apex Optimisation, RtTech Software - Cipher IoT, Mtell, The Fidelis Group, Hyprotech, Petrolsoft, and more. Who are Aspen Technology's major shareholders? Aspen Technology's top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.46%), Sumitomo Mitsui Trust Holdings Inc. (0.87%), Dimensional Fund Advisors LP (0.83%) and Independent Franchise Partners LLP (0.79%). Insiders that own company stock include F G Hammond, Jr Robert M Whelan and Donald P Casey. 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. What other stocks do shareholders of Aspen Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Aspen Technology investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC) and NVIDIA (NVDA). This page (NASDAQ:AZPN) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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