Aspen Technology Stock Today
| AZPN Stock | USD 200.45 0.40 0.20% |
Performance1 of 100
| Odds Of DistressLess than 34
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Aspen Technology is selling at 200.45 as of the 17th of April 2024; that is -0.2 percent down since the beginning of the trading day. The stock's open price was 200.85. Aspen Technology has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance 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 23rd of April 2023 and ending today, the 17th of April 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 63.55 M outstanding shares of which 1.45 M shares are presently shorted by private and institutional investors with about 6.73 trading days to cover. More on Aspen Technology
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Follow Valuation Options Odds of Bankruptcy
Financial Report 24th of April 2024
Aspen Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aspen Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aspen Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| 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, NASDAQ Composite Total, Macroaxis Index, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Aspen Technology report their recommendations after researching Aspen Technology's financial statements, talking to executives and customers, or listening in on Aspen Technology's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Aspen Technology. The Aspen consensus assessment is calculated by taking the average forecast from all of the analysts covering Aspen Technology. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Aspen Technology's financial statements, Aspen Technology is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Aspen Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Aspen Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aspen Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 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 12.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aspen Technology's market, we take the total number of its shares issued and multiply it by Aspen Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aspen Technology conducts business under Software sector and is part of Information Technology industry. The entity has 63.55 M outstanding shares of which 1.45 M shares are presently shorted by private and institutional investors with about 6.73 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 AllocationAspen Technology holds a total of 63.55 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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Also note that nearly three million one hundred seventy-seven thousand four hundred fourty invesors are currently shorting Aspen Technology expressing very little confidence in its future performance.
Check Aspen Ownership Details
Aspen Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Aspen Technology jumping above the current price in 90 days from now is about 42.65%. The Aspen Technology probability density function shows the probability of Aspen Technology stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6063. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Aspen Technology will likely underperform. Additionally, aspen Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Aspen Technology to move above the current price in 90 days from now is about 42.65 (This Aspen Technology probability density function shows the probability of Aspen Stock to fall within a particular range of prices over 90 days) .
Aspen Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Aspen Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aspen Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aspen Technology's value.| Instituion | Recorded On | Shares | |
| Clearbridge Advisors, Llc | 2023-12-31 | 497.9 K | |
| Sumitomo Mitsui Trust Holdings Inc | 2023-12-31 | 415.7 K | |
| Independent Franchise Partners Llp | 2023-12-31 | 413.1 K | |
| Lazard Asset Management Llc | 2023-12-31 | 369.7 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 313.1 K | |
| Valley Forge Capital Management, Lp | 2023-12-31 | 295.5 K | |
| Credit Suisse First Boston (csfb) | 2023-12-31 | 294.9 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 272.9 K | |
| Two Creeks Capital Management, Lp | 2023-12-31 | 265.8 K | |
| Blackrock Inc | 2023-12-31 | 5.3 M | |
| Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 3.8 M |
Aspen Technology Historical Income Statement
Aspen Technology Income Statement is one of the three primary financial statements used for reporting Aspen's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aspen Technology revenue and expense. Aspen Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Aspen Technology's EBITDA is very stable compared to the past year. As of the 17th of April 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 FundamentalsAspen Stock Against Markets
Picking the right benchmark for Aspen Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aspen Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aspen Technology is critical whether you are bullish or bearish towards Aspen Technology at a given time. Please also check how Aspen Technology's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aspen Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Aspen Technology Corporate Directors
Aspen Technology corporate directors refer to members of an Aspen Technology board of directors. The board of directors generally takes responsibility for the Aspen Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aspen Technology's board members must vote for the resolution. The Aspen Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gary Haroian | Independent Director | Profile | |
| Georgia Keresty | Director | Profile | |
| Donald Casey | Independent Director | Profile | |
| Simon Gann | Independent Director | Profile |
How to buy Aspen Stock?
Before investing in Aspen Technology, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aspen Technology. To buy Aspen Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aspen Technology. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aspen Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aspen Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aspen Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aspen Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Aspen Stock please use our How to Invest in Aspen Technology guide.
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 tightly coupled 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Aspen Stock analysis
When running Aspen Technology's price analysis, check to measure Aspen Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aspen Technology is operating at the current time. Most of Aspen Technology's value examination focuses on studying past and present price action to predict the probability of Aspen Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Technology's price. Additionally, you may evaluate how the addition of Aspen Technology to your portfolios can decrease your overall portfolio volatility.
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Is Aspen Technology's industry 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 (1.34) | Revenue Per Share 16.424 | Quarterly Revenue Growth 0.059 | 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.