Dassault Systemes (DASTY) Projected to Post Earnings on Thursday

Key Points

• Dassault Systemes will report its earnings on October 23, with analysts predicting earnings of $0.35 per share and revenue of $1.5058 billion.
• The stock has seen growth, trading up 1.1% recently, and has a current market cap of $45.05 billion.
• Two analysts rate Dassault Systemes as a Strong Buy, while one has issued a Hold rating, leading to an overall average rating of "Buy".

Dassault Systemes (OTCMKTS:DASTY - Get Free Report) will likely be issuing its results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.35 per share and revenue of $1.5058 billion for the quarter.

Dassault Systemes Trading Up 1.1%

OTCMKTS:DASTY opened at $33.60 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.83 and a current ratio of 1.83. Dassault Systemes has a one year low of $30.55 and a one year high of $44.18. The business's 50-day simple moving average is $32.26 and its 200 day simple moving average is $35.18. The stock has a market cap of $45.05 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 5.07 and a beta of 1.01.

Wall Street Analysts Forecast Growth

DASTY has been the topic of a number of recent analyst reports. Citigroup reaffirmed a "neutral" rating on shares of Dassault Systemes in a research report on Friday, July 25th. Wall Street Zen cut shares of Dassault Systemes from a "buy" rating to a "hold" rating in a report on Sunday, September 14th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy".

About Dassault Systemes

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.