Aspen Technology (NASDAQ:AZPN) Releases FY 2025 Earnings Guidance

Aspen Technology (NASDAQ:AZPN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 7.520-7.520 for the period, compared to the consensus estimate of 7.470. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Aspen Technology Stock Down 0.1 %

Aspen Technology stock opened at $246.88 on Friday. The firm has a fifty day moving average of $236.61 and a 200-day moving average of $215.70. Aspen Technology has a 52-week low of $171.25 and a 52-week high of $249.91. The firm has a market capitalization of $15.62 billion, a P/E ratio of -425.66, a PEG ratio of 2.81 and a beta of 0.76.

Aspen Technology (NASDAQ:AZPN) last released its quarterly earnings results on Monday, November 4th. The technology company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.54). The business had revenue of $215.90 million during the quarter, compared to analyst estimates of $265.04 million. Aspen Technology had a positive return on equity of 2.81% and a negative net margin of 3.26%. The company’s revenue was down 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 EPS. On average, research analysts expect that Aspen Technology will post 6.68 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on AZPN. Berenberg Bank cut Aspen Technology from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Bank of America upped their price target on shares of Aspen Technology from $225.00 to $260.00 and gave the stock a “buy” rating in a research note on Wednesday, September 18th. Loop Capital raised their price objective on shares of Aspen Technology from $204.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, September 19th. StockNews.com began coverage on Aspen Technology in a research report on Thursday. They issued a “hold” rating for the company. Finally, Piper Sandler boosted their price objective on Aspen Technology from $217.00 to $240.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $253.00.

Insider Transactions at Aspen Technology

In other news, Director Jr. Robert M. Whelan sold 1,000 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $219.10, for a total value of $219,100.00. Following the completion of the sale, the director now owns 8,540 shares in the company, valued at $1,871,114. This represents a 10.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by insiders.

Aspen Technology Company Profile

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.