Analyst Ratings for Aspen Technology Inc. (AZPN)

Updated: 2017-07-28

Aspen Technology Inc. (NASDAQ:AZPN) was awarded an average rating of Hold from investment analysts following the stock. AZPN had previously received a consensus rating of Hold a month ago.

Of the 7 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

AZPN was given price targets by several analysts. The most optimistic analyst gave a price target of 68, implying potential capital gains of 20.12 percent. The most pessimistic price target was 53, which equates to a potential downside of -6.38 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.28 percent on average, compared to last month. That number becomes 7.71 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.28 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 7.42 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of AZPN to grow at a rate of -1.32 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. AZPN has a PEG ratio of -23.83.

AZPN has a 52-week high of 64.34 and a 52-week low of 41.03. The current market price is above the trailing year's low by 37.97 percent, and 12.01 percent lower than its 52-week high. AZPN has a price/earnings ratio of 31.45. Investors typically compare the P/E ratio to a company's peers in the industry. The AZPN value stock report compares AZPN to some of its peers using value stock charts. The market cap of AZPN is $4.22 billion. AZPN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.