Aspen Technology Inc

Company Profile

Aspen Technology Inc had its IPO on 1994-10-25 under the ticker symbol AZPN.

The company operates in the Technology sector and Software-Application industry. Aspen Technology Inc has a staff strength of 3,574 employees.

Stock update

Shares of Aspen Technology Inc opened at $218.06 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $215.64 - $218.9, and closed at $217.78.

This is a +0.28% increase from the previous day's closing price.

A total volume of 192,097 shares were traded at the close of the day’s session.

In the last one week, shares of Aspen Technology Inc have increased by +7.88%.

Aspen Technology Inc's Key Ratios

Aspen Technology Inc has a market cap of $13.50 billion, indicating a price to book ratio of 1.0371 and a price to sales ratio of 18.64.

In the last 12-months Aspen Technology Inc’s revenue was $875.26 million with a gross profit of $331.87 million and an EBITDA of $302.61 million. The EBITDA ratio measures Aspen Technology Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Aspen Technology Inc’s operating margin was -5.52% while its return on assets stood at 13.39% with a return of equity of 36.06%.

In Q4, Aspen Technology Inc’s quarterly earnings growth was a positive 23.1% while revenue growth was a positive 197%.

Aspen Technology Inc’s PE and PEG Ratio

Forward PE

30.4878

Trailing PE

63.3343

PEG

1.6414

Its diluted EPS in the last 12-months stands at $3.29 per share while it has a forward price to earnings multiple of 30.4878 and a PEG multiple of 1.6414. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Aspen Technology Inc’s profitability.

Aspen Technology Inc stock is trading at a EV to sales ratio of 19.6545 and a EV to EBITDA ratio of 40.2529. Its price to sales ratio in the trailing 12-months stood at 18.64.

Aspen Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$14.90 billion

Total Liabilities

$605.20 million

Operating Cash Flow

$0

Capital Expenditure

$1.75 million

Dividend Payout Ratio

0%

Aspen Technology Inc ended 2023 with $14.90 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $14.90 billion while shareholder equity stood at $13.15 billion.

Aspen Technology Inc ended 2023 with $0 in deferred long-term liabilities, $605.20 million in other current liabilities, 6000.00 in common stock, $-11072000.00 in retained earnings and $8.33 billion in goodwill. Its cash balance stood at $446.09 million and cash and short-term investments were $446.09 million. The company’s total short-term debt was $276,627,000 while long-term debt stood at $0.

Aspen Technology Inc’s total current assets stands at $1.05 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $575.56 million compared to accounts payable of $12.98 million and inventory worth $0.

In 2023, Aspen Technology Inc's operating cash flow was $0 while its capital expenditure stood at $1.75 million.

Comparatively, Aspen Technology Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$217.78

52-Week High

$263.59

52-Week Low

$148.93

Analyst Target Price

$227.29

Aspen Technology Inc stock is currently trading at $217.78 per share. It touched a 52-week high of $263.59 and a 52-week low of $263.59. Analysts tracking the stock have a 12-month average target price of $227.29.

Its 50-day moving average was $208.06 and 200-day moving average was $214.33 The short ratio stood at 4.71 indicating a short percent outstanding of 0%.

Around 5624.6% of the company’s stock are held by insiders while 4833.6% are held by institutions.