AZPN: Aspen Technology, Inc.
About
Aspen Technology, Inc. engages in the development of software applications for asset performance and management monitoring. It operates through the DGM and SSE business segments. The company was founded on August 12, 1981, and is headquartered in Bedford, MA.
Current Value
$246.831 Year Return
Current Value
$246.831 Year Return
Key Details
Market Cap
$15.62B
P/E Ratio
-435.93
1Y Stock Return
34.34%
1Y Revenue Growth
4.93%
Dividend Yield
0.00%
Price to Book
1.2
Strategies that include AZPN
Stock's related to AZPN
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DT | 49.94% | $15.40B | -1.30% | 0.00% |
| SWI | 49.19% | $2.22B | +22.97% | 0.00% |
| SKY | 49.09% | $5.67B | +68.31% | 0.00% |
| UPST | 47.37% | $6.49B | +199.03% | 0.00% |
| VCYT | 47.31% | $3.03B | +55.48% | 0.00% |
| HHH | 46.56% | $3.98B | +14.89% | 0.00% |
| RYAM | 46.24% | $596.54M | +189.14% | 0.00% |
| FTNT | 45.81% | $69.59B | +72.67% | 0.00% |
| VTOL | 45.03% | $1.07B | +42.07% | 0.00% |
| BL | 44.79% | $3.61B | +3.02% | 0.00% |
| CEVA | 42.59% | $668.16M | +27.56% | 0.00% |
| KMT | 42.38% | $2.17B | +21.08% | 2.88% |
| RVLV | 41.63% | $2.35B | +127.64% | 0.00% |
| AFCG | 40.83% | $211.40M | +24.91% | 18.34% |
| ZD | 40.52% | $2.37B | -14.73% | 0.00% |
| OSK | 40.30% | $7.01B | +12.31% | 1.70% |
| AIN | 40.22% | $2.61B | -0.13% | 1.26% |
| EEFT | 39.97% | $4.44B | +16.88% | 0.00% |
| OUT | 39.84% | $3.11B | +52.98% | 6.41% |
| PLUS | 39.73% | $2.13B | +27.37% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ODP | -25.83% | $777.35M | -46.62% | 0.00% |
| WMT | -15.50% | $696.11B | +66.69% | 1.38% |
| CLW | -12.36% | $413.53M | -30.06% | 0.00% |
| GAN | -11.31% | $83.39M | +21.19% | 0.00% |
| TRIP | -11.28% | $1.87B | -29.46% | 0.00% |
| CPB | -10.41% | $12.96B | +7.08% | 3.40% |
| COR | -10.16% | $47.48B | +21.20% | 0.86% |
| CBOE | -10.09% | $21.46B | +15.84% | 1.11% |
| IMXI | -10.04% | $651.21M | -1.55% | 0.00% |
| K | -9.39% | $27.77B | +52.50% | 2.79% |
| VHC | -8.78% | $19.06M | -38.36% | 0.00% |
| NEUE | -8.68% | $40.93M | -34.13% | 0.00% |
| FATBB | -8.65% | $81.94M | -12.91% | 11.69% |
| TCPC | -7.53% | - | - | 15.09% |
| PGR | -7.50% | $149.10B | +57.29% | 0.45% |
| HUSA | -7.33% | $16.69M | -11.56% | 0.00% |
| CYD | -6.96% | $364.46M | -2.94% | 4.26% |
| NNVC | -6.83% | $19.66M | +25.69% | 0.00% |
| CPSH | -6.76% | $20.70M | -40.13% | 0.00% |
| OXBR | -6.48% | $19.05M | +178.18% | 0.00% |
ETF's related to AZPN
News
Yahoo
Earlier this month, Emerson proposed to buy its remaining stake in AspenTech at a valuation of $15.1 billion, as the company banks on demand from industrial automation. The company in 2021 merged its software units with smaller rival Aspen Technology and took control of about 55% of the combined entity. Emerson, founded a century ago, has streamlined its portfolio over the past few years to focus on technology as companies modernize their factory floors to include more automation.
Yahoo
BEDFORD, Mass., November 20, 2024--Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the "Special Committee") composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. (NYSE:EMR) ("Emerson") received on November 5, 2024. Emerson and its affiliates currently own 57.4% of the Company’s outstanding common shares.
Yahoo
Does Aspen Technology (AZPN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Yahoo
BEDFORD, Mass., November 14, 2024--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in Iceland. The utility will be implementing AspenTech OSI Digital Grid Management software that will enable it to enhance real-time control and optimize power generation, ensuring the secure and efficient management of its 18 plants across Iceland.
Finnhub
Innovative digital technologies key to helping Landsvirkjun integrate and control power generation while achieving carbon neutral goalsBEDFORD, Mass. - - Aspen Technology, Inc. , a global leader in...
SeekingAlpha
Emerson Electric posted strong 2024 results, while guiding for a continuation of solid growth in 2025. Read more about EMR stock here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.