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Last $45.70 USD
Change Today +0.15 / 0.33%
Volume 553.5K
AZPN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

aspen technology inc (AZPN) Snapshot

Open
$45.96
Previous Close
$45.55
Day High
$46.27
Day Low
$45.48
52 Week High
07/2/14 - $47.50
52 Week Low
10/29/14 - $31.57
Market Cap
3.9B
Average Volume 10 Days
592.1K
EPS TTM
$1.27
Shares Outstanding
85.4M
EX-Date
--
P/E TM
36.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for ASPEN TECHNOLOGY INC (AZPN)

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aspen technology inc (AZPN) Details

Aspen Technology, Inc. provides software and services to the process industries worldwide. The company operates in two segments, Subscription and Software, and Services. It develops software that optimizes the design and operation of process manufacturing plants, and the management of supply chains of energy and chemical companies. The company also supplies software that optimizes process manufacturing for pharmaceuticals, engineering and construction, and other industries, which manufacture and produce products from a chemical process. It offers aspenONE, an unified Web and mobile environment for searching, sharing, viewing, interacting, and collaborating using the content produced by the company’s engineering, manufacturing, and supply chain products; and aspenONE Exchange, a content marketplace enabling access to content made for engineers and by engineers through Aspen Plus and Aspen HYSYS. The company’s products include aspenONE Engineering suite of products that focuses on process engineering and optimization; aspenONE DMCplus, an advanced process control software; and aspenONE MES, a manufacturing execution system delivering data management, operational intelligence with visualization, and analytics and production execution enabling process manufacturers to identify and resolve operational issues. Its products also comprise aspenONE Planning & Scheduling, a collaborative optimization solution that integrates production planning, operations scheduling, assay management, and blend scheduling; and aspenONE supply chain management suite. In addition, the company provides professional, training, and technical services. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.

1,344 Employees
Last Reported Date: 08/13/14
Founded in 1981

aspen technology inc (AZPN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $500.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $370.0K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $348.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2014.

aspen technology inc (AZPN) Key Developments

AVEVA Reportedly Considers Options; Bid Speculation Grows

AVEVA Group plc (LSE:AVV) is known to have retained Lazard in order to consider its strategic options as speculation grows over a bid from an American suitor. On insider stated that AVEVA started working on takeover options with Lazard in February 2015. Schneider Electric SE (ENXTPA:SU), General Electric Company (NYSE:GE) and Emerson Electric Co. (NYSE:EMR) are considering bidding for the company. There are also rumors that Aspen Technology, Inc. (NasdaqGS:AZPN) is also considering entering the fray. Insiders said Aspen had discussed the idea of a merger with AVEVA with some of its investors.

Aspen Technology, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 09:30 AM

Aspen Technology, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 09:30 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Antonio J. Pietri, Chief Executive Officer, President and Director, Mark P. Sullivan, Chief Financial Officer and Executive Vice President.

Aspen Technology, Inc. Announces Availability of aspenONE Version 8.8 Software

Aspen Technology, Inc. has announced the availability of aspenONE Engineering and aspenONE Manufacturing and Supply Chain Version 8.8 software. Developed for firms in the Oil, Gas, Chemicals, Engineering & Construction and other process industries, aspenONE V8.8 is a powerful software release featuring user-friendly, streamlined workflow innovations that allow users to minimize capital costs, improve plant productivity and boost operational profitability. With this latest release, AspenTech delivers the technology enhancements needed to achieve operational excellence, enabling leading global firms to improve margins, increase yields, meet customer demand, gain competitive advantage and implement innovation across the enterprise. The aspenONE V8.8 software benefits include: Capital and Energy Cost Optimization with Streamlined Workflows; Safety Improvements via Increased Relief Sizing Capabilities; Lower Operating Costs Due to Accurate Methanol Partitioning Modeling; Optimized Throughput and Planning with Complete Suite of Reactor Models; Energy Savings with the Extension of Polymer Modeling to Solids; Fast Adaptation of Controller Strategy to Economic Objectives; and Improved Plant Scheduler Efficiency with Advanced Campaign Management and Visualization. Enhancements to Activated Analysis in Aspen HYSYS and Aspen Plus improve performance and usability. Fully integrated cost estimation, energy optimization, and Heat Exchanger Design and Rating (EDR) technology brings key information to the process simulation environment, allowing faster and more accurate optimal design selection earlier in the conceptual engineering phase. The updated EDR user interface provides easier access to advanced features of the EDR product suite, aspenONE Exchange and the direct availability to the HTFS Research Network. New relief load calculation enhancements for heat exchanger tube rupture, fire emergency and control valve failure expand relief sizing and safety modeling capabilities. Time to conduct pressure relief analysis is generally reduced by 50%. With the addition of the Cubic Plus Association (CPA) fluid property package, V8.8 software more effectively models methanol behavior to accurately predict hydrate formation, improving flow assurance in pipelines and meeting environmental regulations. New Naphtha Hydrotreater and Alkylation models create a complete refinery reactor and assay management suite from within Aspen HYSYS Petroleum Refining. For the first time, the company's customers have a brand new, complete suite of refinery reactor models available. The resulting flexibility means all process units can be accurately modeled and optimized, supporting planning for maximum profits. Polymers can be treated as solids below their melting points in Aspen Plus, allowing for accurate upstream and downstream modeling of solids production, including dewatering and drying. The new Smart Tune technology in Aspen DMC3 enables users to quickly adapt to changing economic scenarios. It lowers the barrier to controller design and maintenance by providing more insight into controller strategy, and allows more users to set up and periodically reconfigure the optimizer more frequently with reduced workflow complexity.

 

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Industry Analysis

AZPN

Industry Average

Valuation AZPN Industry Range
Price/Earnings 36.2x
Price/Sales 9.3x
Price/Book NM Not Meaningful
Price/Cash Flow 34.0x
TEV/Sales 8.6x
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