Analysts See $0.45 EPS for Aspen Technology, Inc. (AZPN)

January 18, 2018 - By Maria Brooks

 Analysts See $0.45 EPS for Aspen Technology, Inc. (AZPN)
Investors sentiment increased to 0.83 in Q3 2017. Its up 0.05, from 0.78 in 2017Q2. It increased, as 23 investors sold Aspen Technology, Inc. shares while 97 reduced holdings. 35 funds opened positions while 65 raised stakes. 72.32 million shares or 3.23% less from 74.74 million shares in 2017Q2 were reported.
Pictet Asset stated it has 1.84 million shares. Aristotle Capital Boston Ltd Liability Com stated it has 141,893 shares or 0.8% of all its holdings. Canada Pension Plan Invest Board holds 0.03% of its portfolio in Aspen Technology, Inc. (NASDAQ:AZPN) for 241,300 shares. Kbc Group Nv holds 0.07% of its portfolio in Aspen Technology, Inc. (NASDAQ:AZPN) for 125,872 shares. Whittier Trust Commerce stated it has 1,104 shares. 5,823 are owned by Bb&T Ltd Liability. Morgan Stanley reported 0% stake. Barclays Public Limited Liability Company holds 0% or 6,858 shares. Creative Planning reported 0.01% in Aspen Technology, Inc. (NASDAQ:AZPN). New York State Common Retirement Fund holds 0.02% or 255,702 shares. Panagora Asset Inc reported 94,685 shares or 0.02% of all its holdings. Jennison Associates Lc accumulated 0% or 24,175 shares. Nuveen Asset Mgmt reported 15,998 shares. Clearbridge Ltd holds 0.14% in Aspen Technology, Inc. (NASDAQ:AZPN) or 2.29M shares. Timessquare Capital Management Limited Liability owns 314,500 shares.

Analysts expect Aspen Technology, Inc. (NASDAQ:AZPN) to report $0.45 EPS on January, 25.They anticipate $0.03 EPS change or 6.25 % from last quarter’s $0.48 EPS. AZPN’s profit would be $32.64M giving it 42.34 P/E if the $0.45 EPS is correct. After having $0.47 EPS previously, Aspen Technology, Inc.’s analysts see -4.26 % EPS growth. The stock increased 0.18% or $0.14 during the last trading session, reaching $76.22. About 175,273 shares traded. Aspen Technology, Inc. (NASDAQ:AZPN) has risen 59.88% since January 18, 2017 and is uptrending. It has outperformed by 43.18% the S&P500.

Aspen Technology, Inc. (NASDAQ:AZPN) Ratings Coverage

Among 9 analysts covering Aspen Technology (NASDAQ:AZPN), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. Aspen Technology had 22 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, January 8. Benchmark downgraded the shares of AZPN in report on Wednesday, January 13 to “Hold” rating. The firm earned “Hold” rating on Friday, August 11 by Canaccord Genuity. The rating was maintained by Canaccord Genuity on Friday, June 9 with “Hold”. The firm has “Hold” rating by Benchmark given on Tuesday, April 26. KeyBanc Capital Markets maintained Aspen Technology, Inc. (NASDAQ:AZPN) rating on Monday, September 18. KeyBanc Capital Markets has “Buy” rating and $68.0 target. The stock of Aspen Technology, Inc. (NASDAQ:AZPN) has “Buy” rating given on Saturday, August 15 by TheStreet. The firm has “Mkt Outperform” rating by Avondale given on Friday, January 27. Avondale downgraded Aspen Technology, Inc. (NASDAQ:AZPN) on Friday, August 12 to “Underperform” rating. The stock has “Hold” rating by Robert W. Baird on Thursday, October 26.

Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. The company has market cap of $5.53 billion. It operates through two divisions, Subscription and Software, and Services. It has a 35.52 P/E ratio. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments.

Another recent and important Aspen Technology, Inc. (NASDAQ:AZPN) news was published by which published an article titled: “Aspen Technology Announces Date of Second-Quarter Fiscal 2018 Financial …” on January 10, 2018.

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