Aspen Technology (AZPN) Set to Announce Earnings on Thursday
Aspen Technology (NASDAQ:AZPN) will be releasing its earnings data on Thursday, January 30th. Investors interested in listening to the company’s conference call can do so using this link.
Aspen Technology (NASDAQ:AZPN) opened at 41.24 on Wednesday. Aspen Technology has a one year low of $26.55 and a one year high of $43.32. The stock has a 50-day moving average of $41.49 and a 200-day moving average of $36.67. The company has a market cap of $3.835 billion and a price-to-earnings ratio of 69.71.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Aspen Technology from $42.00 to $50.00 in a research note to investors on Friday, January 17th. They now have a “buy” rating on the stock. On the ratings front, analysts at Cross Research downgraded shares of Aspen Technology from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, November 19th. Finally, analysts at Cowen and Company raised their price target on shares of Aspen Technology from $38.00 to $42.00 in a research note to investors on Friday, November 8th. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $41.10.
Aspen Technology, Inc, is a provider of process optimization software solutions. The Company’s aspenONE software and related services have been developed specifically for companies in the process industries, including the energy, chemicals, engineering and construction industries.
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