Stock To Watch: Aspen Technology, Inc. (NASDAQ:AZPN)


The leading market experts have placed a mean price target of $43.7500 on Aspen Technology, Inc. (NASDAQ:AZPN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.4500 a share for the upcoming quarter and $1.8000 for the current fiscal.

Technical View

The technical analysis of Aspen Technology, Inc. plainly substantiates that the 50-day moving average of Aspen Technology, Inc. is $43.0108, and stock is trading $1.9593 points away or +4.5554% from its 50-day moving average of $43.0108. Further it is trading $6.8757 or +18.0491% away its 200-day moving average of $38.0944. Aspen Technology, Inc. (NASDAQ:AZPN) 52-week high is $46.1800 and the 52-week low is $29.2500.

This explains if the stock moves $-1.2099, it will post a 52-week high. In event of +53.7439% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Aspen Technology, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Aspen Technology, Inc. (NASDAQ:AZPN) ratio came in at 26.7679.

The stock last ended the trading session at $44.9701 and registered a market cap of $3.59B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Aspen Technology, Inc. (NASDAQ:AZPN) PEG ratio is at 1.9400.

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