Advertisement
Skip to Content

Aspen Technology Inc AZPN Stock Quote

| Rating as of

NASDAQ: AZPN

Last close prices updated as of Feb 07, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 211.66
  • Sector Technology
  • Industry Software - Application
  • Investment Style Mid Growth
  • Day Range 204.68  –  212.28
  • Year Range 135.48  –  263.59
  • Market Cap 13.7095 Bil
  • Volume / Avg 189,434.0 /  259,654.9
  • Price / Sales 24.23
  • Price / Book 1.02
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis AZPN

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

AspenTech Results Are Light but Outlook Unchanged As Postmerger Work Continues; FVE Down to $215

Dan Romanoff Senior Equity Analyst

Analyst Note

| Dan Romanoff |

Wide-moat AspenTech reported second-quarter results that fell short of our revenue and profitability expectations, as it focuses on integrating the heritage Aspen; digital grid management, or DGM; and subsurface engineering, or SSE businesses following the Emerson Electric merger. Management remains confident in its outlook for fiscal 2023 and maintained most guidance measures while raising non-GAAP EPS. We believe the firm is well-positioned to capitalize on secular trends and will uniquely benefit from capital-intensive industries facing the dual challenge of meeting increasing resource demand in a sustainable way. We are also encouraged by AspenTech’s steady acquisition momentum, closing in on its Micromine deal. We continue to fine-tune our postmerger model, resulting in a decrease of our fair value estimate to $215 per share from $220. This revision accounts for our caution surrounding recessionary and geopolitical risks, as well as some caution around synergies until we see evidence they are being delivered. With after-hours shares trading around $184, we view the shares as increasingly attractive.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics AZPN

Company Profile AZPN

Business Description

AspenTech is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The Heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and their Open Systems International Inc (OSI Inc, or digital grid management, DGM) and subsurface science and engineering, or SSE, businesses for 55% of AspenTech’s shares. The new AspenTech is the combination of Heritage Aspen, OSI and SSE, and serves more than 3,000 customers across 40 countries.

Contact
20 Crosby Drive
Bedford, MA, 01730
Industry Software - Application
Employees 1,155

Related Articles AZPN

FAQs for Aspen Technology Inc Stock

No. AZPN does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

AZPN’s market cap is 13.71 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

AZPN’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

AZPN’s price/sales is 24.23.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

AZPN’s price/forward earnings is 28.90.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

AZPN’s price/book is 1.04.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See AZPN’s valuation ratios compared to the Market Index.

AZPN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare AZPN’s historical performance against its industry peers and the overall market.