Aspen Technology

Equities

AZPN

US0453271035

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-24 pm EDT			5-day change	1st Jan Change
221 ^USD	+0.88%		-0.44%	+32.87%

May. 23	Aspen Technology Insider Sold Shares Worth $512,467, According to a Recent SEC Filing	MT
May. 17	Berenberg Upgrades Aspen Technology to Buy From Hold, Raises Price Target to $255 From $185, Says Overhangs Have Been Removed	MT

Aspen Technology : The bullish trend is not over

February 28, 2014 at 09:01 am EST
By Etienne Veber

BUY

Live

Entry price	Target	Stop-loss	Potential
$47.36	$0	$46.2	-100%

The USD 47.5 resistance should be crossed soon.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. The great business predictability emphasize the quality of this investment in the mid-term.

Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped until prices are above the trend line. This trend should allow the stock to breakout the USD 47.4 long term resistance, which will give a buy signal in order to target USD 51 (swing effect). However, a stop loss should be placed at USD 46.2.

Latest news about Aspen Technology

Aspen Technology Insider Sold Shares Worth $512,467, According to a Recent SEC Filing	May. 23	MT
Berenberg Upgrades Aspen Technology to Buy From Hold, Raises Price Target to $255 From $185, Says Overhangs Have Been Removed	May. 17	MT
Aspen Technology Reappoints Robert Whelan as Board Chair	May. 14	MT
Baird Adjusts Price Target on Aspen Technology to $210 From $225, Keeps Outperform Rating	May. 08	MT
Piper Sandler Cuts Price Target on Aspen Technology to $180 From $196, Keeps Neutral Rating	May. 08	MT
Piper Sandler Adjusts Price Target on Aspen Technology to $180 From $196, Maintains Neutral Rating	May. 08	MT
Aspen Technology Fiscal Q3 EPS, Revenue Increase; Fiscal 2024 Outlook Updated; Names New CFO	May. 07	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q3 Revenue $278.1M, vs. Street Est of $256.2M	May. 07	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Reports Q3 EPS $1.70, vs. Street Est of $1.57	May. 07	MT
Baird Adjusts Price Target on Aspen Technology to $225 From $230, Maintains Outperform Rating	Feb. 07	MT
Aspen Technology Fiscal Q2 Non-GAAP Net Income, Revenue Rise; Increases 2024 Net Income Guidance	Feb. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q2 Revenue $257.2M, vs. Street Est of $266.6M	Feb. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q2 EPS $1.37, vs. Street Est of $1.50	Feb. 06	MT
Aspen Technology Aims Full Net-Zero Green House Gas Emissions by 2045	Jan. 30	MT
Piper Sandler Raises Price Target on Aspen Technology to $196 From $180, Maintains Neutral Rating	Jan. 09	MT
Loop Capital Upgrades Aspen Technology to Buy From Hold, Price Target is $213	Dec. 01	MT
Baird Upgrades Aspen Technology to Outperform From Neutral, Boosts Price Target to $202 From $194	Nov. 14	MT
Aspen Technology Expects to Utilize $185.8 Million Remaining Under Share Repurchase Authorization in Rest of Fiscal 2024	Nov. 06	MT
Aspen Technology Repurchased 579,798 Shares for $114.2 Million During Fiscal Q1 Under $300 Million Buyback Authorization	Nov. 06	MT
Aspen Technology Fiscal Q1 Non-GAAP Earnings, Revenue Decline; Shares Retreat After Hours	Nov. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q1 Revenue $249.3M, vs. Street Est of $265.5M	Nov. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q1 EPS $1.16, vs. Street Est of $1.44	Nov. 06	MT
Aspen Technology Guides For FY 2024 EPS of at Least $6.57 on Revenue of $1.12 Billion, vs CIQ Analyst Consensus of $6.57/Share on Revenue of $1.14 Billion	Nov. 06	MT
Sector Update: Tech Stocks Fall Late Afternoon	23-10-20	MT
Sector Update: Tech Stocks Easing Friday Afternoon	23-10-20	MT

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Company Profile

Aspen Technology, Inc. is a provider of integrated asset optimization software solutions. The Company offers asset optimization software that optimizes asset design, operations, and maintenance in complex industrial environments. The Company's segments include Subscription and Software, and Services and other. The subscription and software segment is engaged in the licensing of process optimization and asset performance management software solutions and associated support services. The services and other segment includes professional services and training. The Company's aspenONE solutions are organized into three suites: engineering; manufacturing and supply chain; and asset performance management (APM). Each product suite powers its artificial intelligence of things (AIoT) products as the foundation of industrial data. Its software applications are offered in three suites: aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance Management.

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