Aspen Technology (NASDAQ:AZPN) Issues 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 Price Performance

Shares of AZPN stock traded up $1.82 on Thursday, reaching $247.87. 106,640 shares of the stock were exchanged, compared to its average volume of 225,734. Aspen Technology has a one year low of $171.25 and a one year high of $249.91. The stock has a market cap of $15.68 billion, a PE ratio of -424.22, a P/E/G ratio of 2.81 and a beta of 0.76. The stock has a 50 day moving average price of $235.80 and a 200 day moving average price of $215.15.

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AZPN. Bank of America raised their price objective on shares of Aspen Technology from $225.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, September 18th. Berenberg Bank lowered Aspen Technology from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Robert W. Baird upped their price objective on Aspen Technology from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Loop Capital raised their target price on Aspen Technology from $204.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, September 19th. Finally, Piper Sandler boosted their target price on Aspen Technology from $217.00 to $240.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Aspen Technology presently has a consensus rating of “Hold” and a consensus target price of $253.00.

Insider Buying and Selling at Aspen Technology

In other news, Director Jr. Robert M. Whelan sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $219.10, for a total transaction of $219,100.00. Following the sale, the director now owns 8,540 shares of the company’s stock, valued at $1,871,114. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

About Aspen Technology

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.