Aspen Technology Stock Today
| AZPN Stock | USD 250.00 0.40 0.16% |
Performance8 of 100
| Odds Of DistressLess than 8
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Aspen Technology is selling at 250.00 as of the 28th of November 2024; that is 0.16 percent decrease since the beginning of the trading day. The stock's open price was 250.4. Aspen Technology has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Aspen Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 25th of October 1994 | Category Technology | Classification Information Technology |
Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. Aspen Technology, Inc. was incorporated in 2021 and is headquartered in Bedford, Massachusetts. Aspen Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 63.25 M outstanding shares of which 1.35 M shares are presently shorted by private and institutional investors with about 10.43 trading days to cover. More on Aspen Technology
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Aspen Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO and President and Director | Antonio Pietri | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Macroaxis Index (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, SP Midcap 400, Macroaxis Index, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAspen Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aspen Technology's financial leverage. It provides some insight into what part of Aspen Technology's total assets is financed by creditors.
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Aspen Technology (AZPN) is traded on NASDAQ Exchange in USA. It is located in 20 Crosby Drive, Bedford, MA, United States, 01730 and employs 1,187 people. Aspen Technology is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.84 B. Aspen Technology conducts business under Software sector and is part of Information Technology industry. The entity has 63.25 M outstanding shares of which 1.35 M shares are presently shorted by private and institutional investors with about 10.43 trading days to cover.
Aspen Technology currently holds about 382.46 M in cash with 339.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.93.
Check Aspen Technology Probability Of Bankruptcy
Ownership AllocationAspen Technology holds a total of 63.25 Million outstanding shares. Aspen Technology retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Also note that nearly three million one hundred twenty-four thousand five hundred thirty-five invesors are currently shorting Aspen Technology expressing very little confidence in its future performance.
Check Aspen Ownership Details
Aspen Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Independent Franchise Partners Llp | 2024-09-30 | 555.6 K | |
| Wells Fargo & Co | 2024-06-30 | 552.5 K | |
| Lazard Asset Management Llc | 2024-06-30 | 527 K | |
| Wellington Management Company Llp | 2024-06-30 | 526.7 K | |
| Bamco Inc | 2024-09-30 | 468 K | |
| Clearbridge Advisors, Llc | 2024-09-30 | 456.1 K | |
| Fiera Capital Corporation | 2024-06-30 | 340.2 K | |
| Valley Forge Capital Management, Lp | 2024-09-30 | 295.5 K | |
| Raymond James & Associates | 2024-09-30 | 282 K | |
| Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 4.1 M | |
| Blackrock Inc | 2024-06-30 | 3.9 M |
Aspen Technology Historical Income Statement
Aspen Stock Against Markets
Aspen Technology Corporate Management
| Sharon Vinci | Chief Officer | Profile | |
| Christopher Cooper | Interim Officer | Profile | |
| Willie Chan | Chief Officer | Profile | |
| Sophia Xu | Chief Officer | Profile | |
| Filipe SoaresPinto | Senior Sales | Profile | |
| Lawrence Schwartz | VP Officer | Profile | |
| Rasha Hasaneen | Chief Officer | Profile |
Already Invested in Aspen Technology?
The danger of trading Aspen Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aspen Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aspen Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aspen Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aspen Technology. If investors know Aspen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aspen Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.682 | Earnings Share (0.58) | Revenue Per Share 17.245 | Quarterly Revenue Growth (0.13) | Return On Assets (0.01) |
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.