Dassault Systemes (DASTY) Expected to Announce Quarterly Earnings on Thursday

Dassault Systemes (OTCMKTS:DASTY - Get Free Report) will likely be issuing its quarterly earnings data on Thursday, July 24th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $1.55 billion for the quarter.

Dassault Systemes Stock Down 1.1%

Shares of Dassault Systemes stock traded down $0.41 during trading hours on Friday, reaching $37.22. 53,903 shares of the company's stock were exchanged, compared to its average volume of 116,968. The company has a 50 day moving average of $37.03 and a two-hundred day moving average of $38.22. Dassault Systemes has a fifty-two week low of $32.85 and a fifty-two week high of $44.18. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.23. The stock has a market cap of $49.90 billion, a P/E ratio of 38.77, a P/E/G ratio of 4.31 and a beta of 0.99.

Dassault Systemes Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, June 26th. Investors of record on Friday, May 23rd were paid a $0.222 dividend. The ex-dividend date was Thursday, May 22nd. This represents a yield of 0.58%. Dassault Systemes's dividend payout ratio (DPR) is currently 22.92%.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Dassault Systemes to a "strong-buy" rating in a research note on Friday, June 6th.

Dassault Systemes Company Profile

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.