Aspen Stock Today

AZPN
 Stock
  

USD 243.68  3.93  1.64%   

Market Performance
8 of 100
Odds Of Distress
Less than 1
Aspen Technology is selling for 243.68 as of the 26th of November 2022. This is a 1.64 percent increase since the beginning of the trading day. The stock's open price was 239.75. Aspen Technology has a very small chance of experiencing financial distress in 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 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
CUSIP
045327103
Fiscal Year End
June
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 64.53 M outstanding shares of which 916.57 K shares are presently shorted by private and institutional investors with about 3.75 trading days to cover. More on Aspen Technology

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Aspen Technology 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.
Aspen Technology is unlikely to experience financial distress in the next 2 years
About 57.0% of the company shares are held by company insiders
Latest headline from news.google.com: How major US stock indexes fared Friday 11252022 Associated Press aspendailynews.com - Aspen Daily News
CEO and President and DirectorAntonio Pietri
Thematic Ideas
(view all).
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Aspen Technology based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Aspen Technology financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted89.7 M78.8 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares88.9 M78 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets21.0421.5
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations202.6 M248.5 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities186.4 M127.4 M
Way Up
Decreasing
Very volatile
Total Liabilities492 M587.9 M
Fairly Down
Increasing
Slightly volatile
Gross Margin78.8982.37
Sufficiently Down
Increasing
Slightly volatile
Total Debt44.4 M53.9 M
Significantly Down
Increasing
Slightly volatile
Asset Turnover0.650.48
Significantly Up
Decreasing
Very volatile
Current Assets746.1 M691.5 M
Significantly Up
Increasing
Slightly volatile
Total Assets1.4 B1.3 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Aspen Technology's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyOvervalued
Financial Strength
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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Aspen Technology's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Aspen Technology deploys its capital and how much of that capital is borrowed.
Liquidity
Aspen Technology cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 344.9 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. Debt can assist Aspen Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Aspen Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aspen Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aspen to invest in growth at high rates of return. When we think about Aspen Technology's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

202.59 Million
Aspen Technology (AZPN) is traded on NASDAQ Exchange in USA and employs 3,700 people. The company currently falls under 'Large-Cap' category with current market capitalization of 15.49 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 these looking for more risk prefer small-cap and mid-cap equities. Aspen Technology conducts business under Technology sector and is part of Software—Application industry. The entity has 64.53 M outstanding shares of which 916.57 K shares are presently shorted by private and institutional investors with about 3.75 trading days to cover. Aspen Technology currently holds about 382.46 M in cash with 18.95 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
Aspen Technology holds a total of sixty-four million five hundred thirty thousand 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 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. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Aspen Ownership Details

Aspen Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Aspen Technology jumping above the current price in 90 days from now is about 24.56%. 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 Aspen Technology has a beta of 0.7002. This suggests as returns on the market go up, Aspen Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aspen Technology will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1351, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 243.68HorizonTargetOdds Above 243.68
75.27%90 days
 243.68 
24.56%
Based on a normal probability distribution, the odds of Aspen Technology to move above the current price in 90 days from now is about 24.56 (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.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon SharesK738 K
Zullo Investment Group IncCommon Shares25.0K
Walleye Trading LlcPut Options1.3 K239 K
Walleye Trading LlcCall Options11.6 K2.1 M
View Aspen Technology Diagnostics

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.
Aspen Technology Interest Expense is quite stable at the moment as compared to the past year. The company's current value of Interest Expense is estimated at 107,807. Net Income is expected to rise to about 310.5 M this year, although the value of Direct Expenses will most likely fall to about 51.3 M. View More Fundamentals

Aspen 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.

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.

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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 DirectorProfile
Donald Casey - Independent DirectorProfile
Georgia Keresty - DirectorProfile
Simon Gann - Independent DirectorProfile

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 Shape 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.
Please continue to Trending Equities. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Aspen Technology 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 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 YOY
0.23
Market Capitalization
15.7 B
Quarterly Revenue Growth YOY
2.26
Return On Assets
0.13
Return On Equity
0.36
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 Aspen Technology value 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.