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Aspen Technology Inc AZPN Stock Quote

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NASDAQ: AZPN

Morningstar‘s Stock Analysis AZPN

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

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Optimism Abounds for AspenTech As It Navigates Its New Era; Maintain $220 FVE

Dan Romanoff Senior Equity Analyst

Analyst Note

| Dan Romanoff |

We retain our fair value estimate for AspenTech of $220 as the company navigates its new era amid a shifting environment. While our estimate is lower than the current share price, which we view as inflated from the market’s excitement following Aspen’s transaction with Emerson Electric, we believe the company has a bright outlook. In our view, AspenTech is well-poised to capitalize on secular trends, acquisition opportunities, and its sticky existing customer base to pave a long runway for growth, as evidenced in our wide moat rating with a stable trend.

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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

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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.

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AZPN’s market cap is 14.48 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.

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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.

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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 32.57.
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 1.11.
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.