AZPN - Aspen Technology Inc Stock Price, Fair Value and News

197.88USD+9.11 (+4.83%)Market Closed

Market Summary

USD197.88+9.11

Market Closed

4.83%

AZPN Alerts

Big jump in Earnings (Y/Y)

AZPN Stock Price

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AZPN RSI Chart

AZPN Valuation

Market Cap

12.5B

Price/Earnings (Trailing)

-461.51

Price/Sales (Trailing)

11.34

EV/EBITDA

29.49

Price/Free Cashflow

35.04

AZPN Price/Sales (Trailing)

AZPN Profitability

Operating Margin

65.48%

EBT Margin

-6.70%

Return on Equity

-0.21%

Return on Assets

-0.19%

Free Cashflow Yield

2.85%

AZPN Fundamentals

AZPN Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

20.98%

Rev. Growth (Qtr)

8.14%

AZPN Earnings

Earnings (TTM)

-27.2M

Earnings Growth (Yr)

102.7%

Earnings Growth (Qtr)

107.24%

Breaking Down AZPN Revenue

Last 7 days

1.4%

Last 30 days

-6.9%

Last 90 days

4.3%

Trailing 12 Months

17.0%

How does AZPN drawdown profile look like?

AZPN Financial Health

Current Ratio

2.32

AZPN Investor Care

Buy Backs (1Y)

2.38%

Diluted EPS (TTM)

-0.45

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	962.5M	1.0B	1.0B	1.1B
2022	421.8M	482.3M	656.1M	817.2M
2021	0	215.6M	300.6M	361.2M
2020	0	0	130.5M	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Aspen Technology Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	henshall david j	acquired	-	-	1,203	-
Mar 29, 2024	pietri antonio j	sold (taxes)	-663,233	207	-3,190	president & ceo
Mar 29, 2024	stagno christopher	sold (taxes)	-21,414	207	-103	svp, interim cfo & cao
Mar 29, 2024	mouritsen mark edgar	sold (taxes)	-45,116	207	-217	svp, chief legal officer
Dec 29, 2023	chawla manish	sold (taxes)	-94,866	220	-430	svp, chief customer officer
Dec 29, 2023	breithaupt chantelle yvette	sold (taxes)	-240,035	220	-1,088	svp, chief financial officer
Dec 29, 2023	pietri antonio j	sold (taxes)	-847,843	220	-3,843	president & ceo
Dec 29, 2023	mouritsen mark edgar	sold (taxes)	-69,054	220	-313	svp, chief legal officer
Dec 29, 2023	stagno christopher	sold (taxes)	-18,973	220	-86.00	svp, interim cfo & cao
Nov 01, 2023	breithaupt chantelle yvette	sold (taxes)	-237,296	177	-1,335	svp, chief financial officer

Which funds bought or sold AZPN recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	ASSETMARK, INC	reduced	-98.39	-484,798	7,678	-%
May 07, 2024	Cornerstone Planning Group LLC	unchanged	-	-17.00	203	-%
May 07, 2024	SEI INVESTMENTS CO	reduced	-14.56	-6,353,650	30,534,200	0.04%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	reduced	-9.42	-159,419	1,142,330	0.01%
May 07, 2024	Quantum Private Wealth, LLC	unchanged	-	-6,760	209,868	0.08%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	194	1,558,200	2,399,610	-%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	new	-	211,147	211,147	-%
May 07, 2024	Swiss National Bank	reduced	-5.71	-1,734,230	18,299,400	0.01%
May 07, 2024	Washington Trust Advisors, Inc.	unchanged	-	-120	3,718	-%
May 07, 2024	Illinois Municipal Retirement Fund	new	-	1,487,000	1,487,000	0.02%

Are Funds Buying or Selling AZPN?

Are funds buying AZPN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AZPN

No. of Funds

AZPN Alerts

Big jump in Earnings (Y/Y)

Unveiling Aspen Technology Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	kayne anderson rudnick investment management llc	5.96%	3,797,162	SC 13G/A
Jan 25, 2024	blackrock inc.	8.4%	5,323,453	SC 13G/A
Oct 13, 2023	emerson electric co	56.86%	36,307,514	SC 13D/A
Oct 11, 2023	emerson electric co	56.39%	36,307,514	SC 13D/A
Feb 14, 2023	kayne anderson rudnick investment management llc	4.67%	3,011,234	SC 13G/A
Jun 09, 2022	blackrock inc.	0.0%	0	SC 13G/A
May 09, 2022	blackrock inc.	10.0%	6,664,554	SC 13G
Feb 14, 2022	bluespruce investments, lp	0%	0	SC 13G/A
Feb 14, 2022	kayne anderson rudnick investment management llc	10.03%	6,710,218	SC 13G/A
Feb 09, 2022	vanguard group inc	9.39%	6,284,669	SC 13G/A

Recent SEC filings of Aspen Technology Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	8-K	Current Report
May 07, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 01, 2024	3	Insider Trading
Apr 29, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Feb 26, 2024	144	Notice of Insider Sale Intent
Feb 23, 2024	144/A	144/A

Aspen Technology Inc News

Latest updates

Aspen Technology Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)													(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q3
Revenue	8.1%	278	257	249	321	230	243	251	239	85.00	82.00	77.00	-	-
Cost Of Revenue	-2.1%	93.00	95.00	98.00	96.00	94.00	93.00	91.00	71.00	44.00	42.00	44.00	-	-
Gross Profit	14.1%	185	162	151	225	136	150	160	168	41.00	40.00	33.00	-	-
Operating Expenses	-3.3%	204	211	211	219	215	209	211	129	44.00	40.00	47.00	-	-
S&GA Expenses	-0.8%	121	122	122	126	120	118	118	72.00	19.00	18.00	25.00	-	-
EBITDA Margin	14.6%	0.41*	0.35*	0.38*	0.33*	0.31*	0.33*	0.28*	0.37*	0.14*	0.17*	0.20*	0.03*	0.05*
Interest Expenses	-	-	-	-	13.00	10.00	4.00	-	4.00	-0.03	-0.02	-	-	-
Income Taxes	41.9%	-9.11	-15.70	-17.47	-4.71	-24.15	50.00	-93.50	-10.09	-2.18	-0.93	-4.30	-	-
Earnings Before Taxes	79.7%	-7.56	-37.16	-51.99	23.00	-81.78	-16.63	-104	47.00	-5.46	-1.69	-15.51	-	-
EBT Margin	52.2%	-0.07*	-0.14*	-0.12*	-0.17*	-0.16*	-0.10*	-0.10*	0.05*	-0.16*	-0.18*	-0.22*	-0.10*	-0.17*
Net Income	107.2%	2.00	-21.50	-34.52	27.00	-57.63	-66.20	-11.24	61.00	-3.28	-0.76	-11.20	-	-
Net Income Margin	69.9%	-0.02*	-0.08*	-0.13*	-0.10*	-0.08*	-0.03*	0.06*	0.10*	-0.05*	-0.06*	-0.07*	-0.09*	-0.16*
Free Cashflow	296.9%	184	46.00	16.00	111	129	48.00	4.00	28.00	44.00	-15.58	-11.79	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet												(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q3
Assets	-0.8%	14,109	14,228	14,241	14,486	14,567	14,901	14,971	14,970	10,686	6,401	2,117	-
Current Assets	12.1%	795	709	684	833	876	1,045	1,095	1,047	-	-	162	-
Cash Equivalents	35.8%	178	131	121	241	287	446	382	450	20.00	28.00	26.00	14.00
Net PPE	-2.0%	16.00	17.00	17.00	19.00	18.00	17.00	17.00	17.00	-	-	15.00	7.00
Goodwill	0.0%	8,329	8,330	8,328	8,331	8,328	8,329	8,326	8,267	-	-	1,044	967
Current Liabilities	-8.0%	342	372	302	352	355	605	338	301	-	-	136	-
Short Term Borrowings	-	-	-	-	-	-	264	30.00	28.00	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	240	246	-	-	-	-
Shareholder's Equity	-0.3%	12,811	12,849	12,927	13,071	13,119	13,147	13,171	13,169	1,735	1,789	1,771	238
Retained Earnings	1.6%	-95.86	-97.42	-75.92	-41.39	-68.71	-11.07	55.00	66.00	-	-	-	-
Additional Paid-In Capital	0.1%	13,259	13,241	13,230	13,194	13,189	13,165	13,129	13,108	-	-	-	-
Shares Outstanding	-0.3%	63.00	64.00	64.00	64.00	65.00	65.00	64.00	64.00	36.00	36.00	36.00	36.00

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)													(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q3
Cashflow From Operations	295.1%	185	47.00	17.00	114	131	50.00	5.00	29.00	44.00	-14.80	-9.19	-	-
Share Based Compensation	-20.4%	13.00	16.00	17.00	21.00	23.00	23.00	18.00	15.00	1.00	0.00	0.00	-	-
Cashflow From Investing	15.3%	-0.89	-1.05	-21.81	-39.10	10.00	-2.22	-76.37	-5,575	-0.44	-0.79	-3.96	-	-
Cashflow From Financing	-512.0%	-88.81	-14.51	-108	-115	-296	20.00	8.00	5,969	-50.10	18.00	15.00	-	-
Buy Backs	-21.3%	57.00	72.00	114	100	-	-	-	-	-	-	-	-	-

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AZPN Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 278,106	$ 229,878	$ 784,577	$ 723,535
Cost of revenue:
Total cost of revenue	92,942	93,799	285,935	278,027
Gross profit	185,164	136,079	498,642	445,508
Operating expenses:
Selling and marketing	121,303	120,035	365,921	356,260
Research and development	49,334	54,046	156,155	153,741
General and administrative	33,821	40,471	105,315	124,557
Total operating expenses	204,458	214,552	627,391	634,558
Loss from operations	(19,294)	(78,473)	(128,749)	(189,050)
Other expense, net	(1,988)	(13,281)	(8,017)	(33,270)
Interest income, net	13,723	9,969	40,056	19,112
Loss before benefit for income taxes	(7,559)	(81,785)	(96,710)	(203,208)
Benefit for income taxes	(9,115)	(24,150)	(42,241)	(68,132)
Net income (loss)	$ 1,556	$ (57,635)	$ (54,469)	$ (135,076)
Earnings Per Share [Abstract]
Basic	$ 0.02	$ (0.89)	$ (0.85)	$ (2.09)
Diluted	$ 0.02	$ (0.89)	$ (0.85)	$ (2.09)
Weighted average shares outstanding:
Basic	63,508	64,796	63,844	64,622
Diluted	63,802	64,796	63,844	64,622
License and solutions
Revenue:
Total revenue	$ 169,467	$ 136,292	$ 470,578	$ 446,360
Cost of revenue:
Total cost of revenue	65,550	68,980	204,453	209,326
Maintenance
Revenue:
Total revenue	86,256	77,283	256,280	234,277
Cost of revenue:
Total cost of revenue	8,344	9,020	29,192	27,804
Services and other
Revenue:
Total revenue	22,383	16,303	57,719	42,898
Cost of revenue:
Total cost of revenue	$ 19,048	$ 15,799	$ 52,290	$ 40,897

AZPN Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 177,592	$ 241,209
Accounts receivable, net	140,469	122,789
Current contract assets, net	378,914	367,539
Prepaid expenses and other current assets	28,697	27,728
Receivables from related parties	69,097	62,375
Prepaid income taxes	0	11,424
Total current assets	794,769	833,064
Property, equipment and leasehold improvements, net	16,414	18,670
Goodwill	8,329,499	8,330,811
Finite-Lived Intangible Assets, Net	4,306,689	4,659,657
Non-current contract assets, net	528,282	536,104
Contract costs	21,049	15,992
Operating lease right-of-use assets	94,353	67,642
Deferred income tax assets	9,843	10,638
Other non-current assets	8,529	13,474
Total assets	14,109,427	14,486,052
Current liabilities:
Accounts payable	9,876	20,299
Accrued expenses and other current liabilities	81,842	99,526
Due to related parties	67,954	22,019
Current operating lease liabilities	13,698	12,928
Income taxes payable	33,999	46,205
Current contract liabilities	134,910	151,450
Total current liabilities	342,279	352,427
Non-current contract liabilities	33,042	30,103
Deferred income tax liabilities	822,197	957,911
Non-current operating lease liabilities	81,361	55,442
Other non-current liabilities	19,726	19,240
Stockholders' equity:
Common Stock, Value, Issued	7	6
Additional paid-in capital	13,259,100	13,194,028
Accumulated deficit	(95,860)	(41,391)
Accumulated other comprehensive (loss) income	$ (4,999)	$ 2,436
Treasury Stock, Common, Shares	1,837,751	487,626
Treasury Stock, Value	$ (347,426)	$ (84,150)
Total stockholders’ equity	12,810,822	13,070,929
Total liabilities and stockholders’ equity	$ 14,109,427	$ 14,486,052
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	600,000,000	600,000,000
Common stock, issued	65,255,754	64,952,868
Common stock, outstanding	63,418,003	64,465,242

About Aspen Technology Inc

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 exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.

CEO	Mr. Antonio J. Pietri
WEBSITE	aspentech.com
INDUSTRY	Software - Apps
EMPLOYEES	3900

Aspen Technology Inc Frequently Asked Questions

What is the ticker symbol for Aspen Technology Inc? What does AZPN stand for in stocks?

AZPN is the stock ticker symbol of Aspen Technology Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Aspen Technology Inc (AZPN)?

As of Wed May 08 2024, market cap of Aspen Technology Inc is 12.53 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AZPN stock?

You can check AZPN's fair value in chart for subscribers.

What is the fair value of AZPN stock?

You can check AZPN's fair value in chart for subscribers. The fair value of Aspen Technology Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Aspen Technology Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AZPN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Aspen Technology Inc a good stock to buy?

The fair value guage provides a quick view whether AZPN is over valued or under valued. Whether Aspen Technology Inc is cheap or expensive depends on the assumptions which impact Aspen Technology Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AZPN.

What is Aspen Technology Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AZPN's PE ratio (Price to Earnings) is -461.51 and Price to Sales (PS) ratio is 11.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AZPN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Aspen Technology Inc's stock?

In the past 10 years, Aspen Technology Inc has provided 0.162 (multiply by 100 for percentage) rate of return.