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Aspen Technology, Inc. (AZPN) Reaches $86.97 High on Apr, 18; 4 Analysts Covering PLDT Inc. (PHI)


The stock of Aspen Technology, Inc. (NASDAQ:AZPN) reached all time high today, Apr, 18 and still has $92.19 target or 6.00% above today’s $86.97 share price. This indicates more upside for the $6.26 billion company. This technical setup was reported by If the $92.19 PT is reached, the company will be worth $375.42M more. The stock increased 0.64% or $0.55 during the last trading session, reaching $86.97. About 38,026 shares traded. Aspen Technology, Inc. (NASDAQ:AZPN) has risen 37.31% since April 18, 2017 and is uptrending. It has outperformed by 25.76% the S&P500.

Among 5 analysts covering Philippine Long Distance Telephone (NYSE:PHI), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Philippine Long Distance Telephone had 7 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 14 by HSBC. Citigroup upgraded the shares of PHI in report on Tuesday, March 15 to “Buy” rating. As per Monday, November 13, the company rating was downgraded by CLSA. The rating was downgraded by Zacks on Wednesday, August 5 to “Hold”. The firm has “Outperform” rating by Macquarie Research given on Friday, May 26. Credit Suisse upgraded the stock to “Neutral” rating in Tuesday, May 31 report. Credit Suisse downgraded the stock to “Underperform” rating in Thursday, May 11 report. See PLDT Inc. (NYSE:PHI) latest ratings:

13/11/2017 Broker: CLSA Old Rating: Buy New Rating: Outperform Downgrade

Among 10 analysts covering Aspen Technology (NASDAQ:AZPN), 4 have Buy rating, 2 Sell and 4 Hold. Therefore 40% are positive. Aspen Technology had 27 analyst reports since August 14, 2015 according to SRatingsIntel. As per Thursday, October 26, the company rating was maintained by Robert W. Baird. The rating was maintained by Canaccord Genuity on Friday, August 11 with “Hold”. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, January 24 report. The stock has “Hold” rating by Canaccord Genuity on Wednesday, January 24. TheStreet downgraded the shares of AZPN in report on Saturday, August 15 to “Buy” rating. The rating was maintained by Canaccord Genuity on Friday, June 9 with “Hold”. Benchmark maintained Aspen Technology, Inc. (NASDAQ:AZPN) rating on Tuesday, April 26. Benchmark has “Hold” rating and $34 target. The stock of Aspen Technology, Inc. (NASDAQ:AZPN) earned “Market Perform” rating by Avondale on Tuesday, February 9. Avondale downgraded the stock to “Underperform” rating in Friday, August 12 report. The rating was maintained by Robert W. Baird with “Hold” on Wednesday, January 24.

Analysts await Aspen Technology, Inc. (NASDAQ:AZPN) to report earnings on April, 25 after the close. They expect $0.47 EPS, 0.00% or $0.00 from last year’s $0.47 per share. AZPN’s profit will be $33.81 million for 46.26 P/E if the $0.47 EPS becomes a reality. After $0.52 actual EPS reported by Aspen Technology, Inc. for the previous quarter, Wall Street now forecasts -9.62% negative EPS growth.

Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. The company has market cap of $6.26 billion. It operates through two divisions, Subscription and Software, and Services. It has a 39.75 P/E ratio. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments.

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.05, from 0.83 in 2017Q3. It fall, as 24 investors sold Aspen Technology, Inc. shares while 103 reduced holdings. 36 funds opened positions while 63 raised stakes. 70.67 million shares or 2.29% less from 72.32 million shares in 2017Q3 were reported. Jfs Wealth Advsr Llc accumulated 70 shares. State Of New Jersey Common Pension Fund D accumulated 30,500 shares. Dupont Capital Mgmt stated it has 0.06% in Aspen Technology, Inc. (NASDAQ:AZPN). Comerica Retail Bank owns 4,195 shares or 0% of their US portfolio. Voya Inv Mngmt Ltd reported 0% of its portfolio in Aspen Technology, Inc. (NASDAQ:AZPN). Sit Investment Associate Inc invested 0.09% in Aspen Technology, Inc. (NASDAQ:AZPN). 24,734 are held by Envestnet Asset Mngmt Inc. Numeric Investors Ltd Liability reported 276,200 shares. Vanguard Grp holds 0.02% or 6.75M shares. Public Employees Retirement Association Of Colorado accumulated 484,173 shares or 0.2% of the stock. Dimensional Fund Advsrs Limited Partnership holds 517,375 shares. 200,023 were reported by Morgan Stanley. Plante Moran Finance holds 17 shares or 0% of its portfolio. Winslow Evans & Crocker has invested 0.01% in Aspen Technology, Inc. (NASDAQ:AZPN). Tocqueville Asset Mngmt Ltd Partnership holds 0% in Aspen Technology, Inc. (NASDAQ:AZPN) or 3,150 shares.

The stock decreased 0.40% or $0.11 during the last trading session, reaching $27.18. About 7,224 shares traded. PLDT Inc. (NYSE:PHI) has declined 14.45% since April 18, 2017 and is downtrending. It has underperformed by 26.00% the S&P500.

PLDT Inc. provides telecommunications services in the Philippines. The company has market cap of $5.87 billion. The companyÂ’s Wireless segment offers cellular mobile, Internet broadband distribution, activities support services, mobile applications and digital platforms development, mobile payment, solutions and systems integration, satellite communications, and satellite information and messaging services. It has a 22.92 P/E ratio. This segment also sells WiFi access equipment; develops financial technology solutions; offers insurance products; and operates as a content provider.

Aspen Technology, Inc. (NASDAQ:AZPN) Institutional Positions Chart

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