Aspen Technology (AZPN) Stock Price, News & Analysis

Company Overview

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 Emerson Electric Co.

Key Stats

• Today's Range: $248.88 to $251.60
• 50-Day Range: $231.97 to $253.16
• 52-Week Range: $171.25 to $254.44
• Volume: 1.16 million shs
• Average Volume: 258,697 shs
• Market Capitalization: $15.86 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $258.00
• Consensus Rating: Moderate Buy

Aspen Technology Stock Analysis - MarketRank™

Aspen Technology scored higher than 63% of companies evaluated by MarketBeat, and ranked 313th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Aspen Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Aspen Technology has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 8.68%

Earnings Growth

Earnings for Aspen Technology are expected to grow by 8.68% in the coming year, from $6.68 to $7.26 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Aspen Technology is -432.28, 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. Sector

The P/E ratio of Aspen Technology is -432.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Aspen Technology has a PEG Ratio of 2.89. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Aspen Technology has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.81% of the float of Aspen Technology has been sold short.

Short Interest Ratio / Days to Cover

Aspen Technology has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aspen Technology has recently decreased by 13.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aspen Technology does not currently pay a dividend.

Dividend Growth

Aspen Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -1.43

Percentage of Shares Shorted

3.81% of the float of Aspen Technology has been sold short.

Short Interest Ratio / Days to Cover

Aspen Technology has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aspen Technology has recently decreased by 13.56%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.24

News Sentiment

Aspen Technology has a news sentiment score of 1.24. 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 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Aspen Technology this week, compared to 5 articles on an average week.

MarketBeat Follows

5 people have added Aspen Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Aspen Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Aspen Technology is held by insiders.

Percentage Held by Institutions

45.66% of the stock of Aspen Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AZPN Stock Analysis - Frequently Asked Questions

How have AZPN shares performed this year?

Aspen Technology's stock was trading at $220.15 at the beginning of the year. Since then, AZPN stock has increased by 13.9% and is now trading at $250.72.
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 Monday, November, 4th. The technology company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by $0.54. The company's revenue for the quarter was down 13.4% compared to the same quarter last year.

Does Aspen Technology have any subsidiaries?

Aspen Technology subsidiaries include these companies: mnubo, Apex Optimisation, RtTech Software - Cipher IoT, Mtell, The Fidelis Group, Hyprotech, Petrolsoft, and more.

Who are Aspen Technology's major shareholders?

Top institutional shareholders of Aspen Technology include State Street Corp (1.58%), Sumitomo Mitsui Trust Group Inc. (0.92%), Geode Capital Management LLC (0.89%) and Bamco Inc. NY (0.74%). Insiders that own company stock include F G Hammond 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.

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 Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/21/2024
• Next Earnings (Confirmed): 12/31/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Custom computer programming services
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:AZPN
• CUSIP: 04532710
• CIK: 929940
• Web: www.aspentech.com
• Phone: (781) 221-6400
• Fax: 781-221-6410
• Employees: 3,937
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $258.00
• High Stock Price Target: $275.00
• Low Stock Price Target: $240.00
• Potential Upside/Downside: +2.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.58)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 37.53
• P/E Growth: 2.89
• Net Income: $-9,770,000.00
• Net Margins: -3.26%
• Pretax Margin: -6.27%
• Return on Equity: 2.81%
• Return on Assets: 2.56%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.11
• Quick Ratio: 3.11

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 14.49
• Cash Flow: $13.86 per share
• Price / Cash Flow: 18.09
• Book Value: $202.33 per share
• Price / Book: 1.24

Miscellaneous

• Outstanding Shares: 63,250,000
• Free Float: 62,618,000
• Market Cap: $15.86 billion
• Optionable: Optionable
• Beta: 0.76