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.
Many analysts weighed in on price targets for AZPN. The highest price target was 68, which equates to a potential upside of 20.12 percent. The most pessimistic price target was 53, implying a possible loss 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. The average change in earnings estimates over the last 90 days is 7.71 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.28 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 7.42 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of AZPN to grow at a rate of -1.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. AZPN has a PEG ratio of -23.83.
In the trailing 52-weeks, AZPN hit 64.34 at the highest peak, while it's lowest trading point was 41.03. Today's price is 37.97 percent above the 52-week low, and 12.01 percent lower than its 52-week high. AZPN has a P/E 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 will post this quarters earnings in days, on 0000-00-00.