Aspen Technology Stock Today

AZPN Stock  USD 199.59  4.97  2.43%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 46

 
High
 
Low
About Average
Aspen Technology is selling at 199.59 as of the 14th of June 2024; that is -2.43 percent down since the beginning of the trading day. The stock's open price was 204.56. Aspen Technology has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Aspen Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of May 2024 and ending today, the 14th of June 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 63.33 M outstanding shares of which 1.39 M shares are presently shorted by private and institutional investors with about 5.5 trading days to cover. More on Aspen Technology

Moving against Aspen Stock

  0.53VCSA Vacasa IncPairCorr
  0.4ZI ZoomInfo TechnologiesPairCorr
  0.37DV DoubleVerify HoldingsPairCorr
  0.32QH QuhuoPairCorr

Aspen Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorAntonio Pietri
Thematic IdeaMacroaxis Index (View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Macroaxis Index, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Aspen 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.
Liquidity
Aspen Technology currently holds 68.37 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Aspen Technology has a current ratio of 3.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Aspen Technology's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

62.46 Million
Aspen Technology (AZPN) is traded on NASDAQ Exchange in USA. It is located in 20 Crosby Drive, Bedford, MA, United States, 01730 and employs 3,900 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 12.64 B. Aspen Technology conducts business under Software sector and is part of Information Technology industry. The entity has 63.33 M outstanding shares of which 1.39 M shares are presently shorted by private and institutional investors with about 5.5 trading days to cover. Aspen Technology currently holds about 382.46 M in cash with 299.21 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 Allocation
Aspen Technology holds a total of 63.33 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 sixty-six thousand three hundred ninety-five invesors are currently shorting Aspen Technology expressing very little confidence in its future performance.
Check Aspen Ownership Details

Aspen Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
520.5 K
Independent Franchise Partners Llp2024-03-31
511.5 K
Clearbridge Advisors, Llc2024-03-31
494.8 K
Dimensional Fund Advisors, Inc.2024-03-31
414.8 K
Sumitomo Mitsui Trust Holdings Inc2024-03-31
400 K
Lazard Asset Management Llc2023-12-31
369.7 K
Fiera Capital Corporation2024-03-31
327.7 K
Jackson Square Partners, Llc2024-03-31
319.1 K
Valley Forge Capital Management, Lp2024-03-31
295.5 K
Blackrock Inc2023-12-31
5.3 M
Kayne Anderson Rudnick Investment Management Llc2024-03-31
M
View Aspen Technology Diagnostics

Aspen Technology Historical Income Statement

At this time, Aspen Technology's EBITDA is very stable compared to the past year. As of the 14th of June 2024, Cost Of Revenue is likely to grow to about 451.1 M, while Interest Expense is likely to drop about 3 M. View More Fundamentals

Aspen Stock Against Markets

Aspen Technology Corporate Management

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.

Additional Information and Resources on Investing in Aspen Stock

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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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
(0.63)
Earnings Share
(0.44)
Revenue Per Share
17.259
Quarterly Revenue Growth
0.21
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.