Stuart Harris - Aspen Technology Senior Officer

AZPN Stock  USD 248.49  3.19  1.30%   

Executive

Stuart Harris is Senior Officer of Aspen Technology
Address 20 Crosby Drive, Bedford, MA, United States, 01730
Phone781 221 6400
Webhttps://www.aspentech.com

Aspen Technology Management Efficiency

As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to -0.006. In addition to that, Return On Capital Employed is likely to drop to -0.0068. At this time, Aspen Technology's Intangibles To Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Fixed Asset Turnover is likely to grow to 17.72, while Other Current Assets are likely to drop about 22.9 M. Aspen Technology's management efficiency ratios could be used to measure how well Aspen Technology manages its routine affairs as well as how well it operates its assets and liabilities.
Aspen Technology currently holds 98 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Aspen Technology has a current ratio of 3.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Aspen Technology's use of debt, we should always consider it together with its cash and equity.

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Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. Aspen Technology, Inc. was incorporated in 2021 and is headquartered in Bedford, Massachusetts. Aspen Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 3700 people. Aspen Technology (AZPN) is traded on NASDAQ Exchange in USA. It is located in 20 Crosby Drive, Bedford, MA, United States, 01730 and employs 1,187 people. Aspen Technology is listed under Application Software category by Fama And French industry classification.

Management Performance

Aspen Technology Leadership Team

Elected by the shareholders, the Aspen Technology's board of directors comprises two types of representatives: Aspen Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aspen. The board's role is to monitor Aspen Technology's management team and ensure that shareholders' interests are well served. Aspen Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aspen Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sharon Vinci, Chief Officer
Christopher Cooper, Interim Officer
Willie Chan, Chief Officer
Sophia Xu, Chief Officer
Filipe SoaresPinto, Senior Sales
Lawrence Schwartz, VP Officer
Rasha Hasaneen, Chief Officer
Christopher CPA, Senior Officer
Mark Mouritsen, Chief VP
Stuart Harris, Senior Officer
Frederic Hammond, Sr. VP, General Counsel and Secretary
Manish Chawla, Senior Officer
Glover Lawrence, Sr Devel
Tony Antoun, Senior Officer
Chantelle Breithaupt, VP CFO
Steve MSc, Chief Officer
Antonio Pietri, CEO and President and Director
David Arbeitel, VP Products
Skip Maloney, VP Officer
David Baker, Treasurer VP

Aspen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Aspen Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Aspen Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aspen Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aspen Technology will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Aspen Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aspen Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aspen Technology to buy it.
The correlation of Aspen Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aspen Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aspen Technology. If investors know Aspen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aspen Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.682
Earnings Share
(0.56)
Revenue Per Share
17.245
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.01)
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.