Aspen Technology, Inc. (AZPN)
Market Cap | 15.52B |
Revenue (ttm) | 1.09B |
Net Income (ttm) | -35.71M |
Shares Out | 63.25M |
EPS (ttm) | -0.56 |
PE Ratio | n/a |
Forward PE | 30.00 |
Dividend | $0.53 (0.21%) |
Ex-Dividend Date | Feb 15, 2024 |
Volume | 583,955 |
Open | 246.83 |
Previous Close | 247.00 |
Day's Range | 244.75 - 247.80 |
52-Week Range | 171.25 - 249.91 |
Beta | 0.76 |
Analysts | Strong Buy |
Price Target | 253.00 (+3.14%) |
Earnings Date | Nov 4, 2024 |
About AZPN
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 explorat... [Read more]
Financial Performance
In 2024, Aspen Technology's revenue was $1.13 billion, an increase of 7.98% compared to the previous year's $1.04 billion. Losses were -$9.77 million, -90.93% less than in 2023.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AZPN stock is "Strong Buy." The 12-month stock price forecast is $253.0, which is an increase of 3.14% from the latest price.
News
Aspen Technology forms committee to evaluate Emerson's offer
Aspen Technology said on Wednesday it had formed a special committee to evaluate Emerson Electric's proposal to buy the company.
Aspen Technology Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Emerson
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors has formed a s...
Aspen Technology Chosen to Optimize Renewable Generation For Iceland's Largest Power Producer
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in ...
Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from Emerson
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors received an un...
Emerson proposes to acquire remaining shares of AspenTech
Emerson Electric made a proposal on Tuesday to acquire the remaining outstanding shares of common stock of AspenTech for $240 per share in cash.
Emerson Announces Key Actions to Complete the Portfolio Transformation to an Industrial Technology Leader Delivering Advanced Automation Solutions
Proposes to Acquire Remaining Outstanding Shares of AspenTech for $240 per Share in Cash Commences Review of Strategic Alternatives for Safety & Productivity Segment Announces Increased Return of Capi...
Emerson Reports Fourth Quarter and Full Year 2024 Results; Provides Initial 2025 Outlook
ST. LOUIS , Nov. 5, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its fourth quarter and fiscal year ended September 30, 2024. Emerson also declared a quarterly cash dividend in...
Aspen Technology, Inc. (AZPN) Q1 2025 Earnings Call Transcript
Aspen Technology, Inc. (NASDAQ:AZPN) Q1 2025 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Brian Denyeau - IR Antonio Pietri - President and CEO Dave Baker - CFO Conferenc...
Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2025
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its first quarter i...
Aspen Technology Announces Expansion of Digital Grid Management Suite with Acquisition of Open Grid Systems
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Sys...
Aspen Technology Announces Date of First-Quarter Fiscal Year 2025 Financial Results Release, Conference Call and Webcast
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter...
Aspen Technology Launches Microgrid Management System to Help Customers Address Power Reliability and Meet Net-Zero Goals
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced the AspenTech Microgrid Management System™ (MMS), a solution for custome...
Aspen Technology Outlines Value Creation Strategy at 2024 Investor Day
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, held its 2024 Investor Day today, during which management...
Aspen Technology to Present at Piper Sandler Growth Frontiers Conference
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief ...
Aspen Technology to Host 2024 Investor Day
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, has announced that it will host its 2024 Investor Day on ...
Aspen Technology Partners with Omaha Public Power District to Support 2050 Net Zero Carbon Vision
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced an expansion of its strategic partnership with Omaha Public Power Distric...
Emerson Reports Third Quarter 2024 Results; Updates 2024 Outlook
ST. LOUIS , Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared ...
Aspen Technology, Inc. (AZPN) Q4 2024 Earnings Call Transcript
Aspen Technology, Inc. (AZPN) Q4 2024 Earnings Call Transcript
Aspen Technology Announces Financial Results for the Fourth Quarter and Fiscal 2024
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its fourth quarter ...
5 Software Companies To Accumulate
The software industry offers a wide range of financials, with profitable companies performing well while unprofitable ones face valuation and share price declines. Opportunities for investors in the s...
Aspen Technology Announces Date of Fourth-Quarter & Fiscal Year 2024 Financial Results Release, Conference Call and Webcast
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that it will release financial results for its fourth quarte...
Aspen Technology Educates Next Generation of Engineers on Sustainability Competencies
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a three-year partnership agreement with Oregon State University (OSU) tha...
Aspen Technology Enables Customers to Drive Higher Levels of Operational Excellence with New Software Capabilities
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced new and expanded capabilities now available in aspenONE®, the company's ...
Aspen Technology to Present at Upcoming Investor Conferences
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present ...
Aspen Technology Announces Robert Whelan, Jr. as Newly Elected Board Chair
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that Robert Whelan, Jr. has been appointed to Chair of Aspen...