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NASDAQ:ANSS

ANSYS (ANSS) Stock Price, News & Analysis

$312.26
+1.57 (+0.51%)
(As of 07/26/2024 ET)
Today's Range
$310.82
$315.68
50-Day Range
$310.55
$331.25
52-Week Range
$258.01
$364.31
Volume
323,738 shs
Average Volume
593,284 shs
Market Capitalization
$27.26 billion
P/E Ratio
62.70
Dividend Yield
N/A
Price Target
$320.00

ANSYS MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.89 Rating Score
Upside/​Downside
2.5% Upside
$320.00 Price Target
Short Interest
Healthy
1.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.60
Upright™ Environmental Score
News Sentiment
0.87mentions of ANSYS in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$52,599 Sold Last Quarter
Proj. Earnings Growth
13.90%
From $7.05 to $8.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

Computer And Technology Sector

179th out of 612 stocks

Prepackaged Software Industry

57th out of 202 stocks

ANSS stock logo

About ANSYS Stock (NASDAQ:ANSS)

ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite. The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software. In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

ANSS Stock Price History

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Company Calendar

Last Earnings
5/01/2024
Today
7/27/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:ANSS
CUSIP
03662Q10
Employees
6,200
Year Founded
1970

Price Target and Rating

Average Stock Price Target
$320.00
High Stock Price Target
$345.00
Low Stock Price Target
$290.00
Potential Upside/Downside
+2.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.89
Research Coverage
9 Analysts

Profitability

Net Income
$500.41 million
Pretax Margin
23.00%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$8.63 per share
Book Value
$62.05 per share

Miscellaneous

Free Float
86,898,000
Market Cap
$27.26 billion
Optionable
Optionable
Beta
1.11

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Should I Buy ANSYS Stock? ANSS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ANSYS, Inc.:

  • ANSYS has a strong market position in engineering simulation software and services, catering to a global customer base, which provides a stable revenue stream.
  • The company has a history of consistent innovation, regularly updating its software to meet the evolving needs of engineers and researchers.
  • Recent financial reports indicate a healthy return on equity of 10.45%, showcasing the company's ability to generate profits from shareholder equity.
  • Despite a recent dip in revenue, ANSYS has a solid track record of financial stability and resilience in the face of market fluctuations.
  • With a current stock price of $324.30, ANSYS may present a potential buying opportunity for investors looking to enter at a reasonable valuation.

Cons

Investors should be bearish about investing in ANSYS, Inc. for these reasons:

  • ANSS stock has faced recent volatility, with fluctuations in trading volume and price movements, indicating potential uncertainty in the market's perception of the company.
  • Analysts have expressed concerns about ANSYS' revenue decline, raising questions about the company's ability to sustain growth in the competitive engineering software industry.
  • The company's P/E ratio of 65.21 and P/E/G ratio of 7.17 suggest that the stock may be trading at a premium compared to its earnings growth potential, potentially limiting upside for investors.
  • While ANSYS has a diverse geographic presence, global economic conditions and geopolitical factors could impact its international operations and revenue streams.
  • With a beta of 1.14, ANSYS' stock price may be more sensitive to market fluctuations and broader economic trends, potentially increasing investment risk.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these ANSYS pros and cons to contact@marketbeat.com.

ANSS Stock Analysis - Frequently Asked Questions

How have ANSS shares performed this year?

ANSYS's stock was trading at $362.88 at the beginning of 2024. Since then, ANSS shares have decreased by 13.9% and is now trading at $312.26.
View the best growth stocks for 2024 here
.

How were ANSYS's earnings last quarter?

ANSYS, Inc. (NASDAQ:ANSS) posted its quarterly earnings results on Wednesday, May, 1st. The software maker reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.93 by $0.54. The firm's revenue was down 8.4% compared to the same quarter last year.

What is Ajei Gopal's approval rating as ANSYS's CEO?

250 employees have rated ANSYS Chief Executive Officer Ajei Gopal on Glassdoor.com. Ajei Gopal has an approval rating of 95% among the company's employees. This puts Ajei Gopal in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 88.0% of employees surveyed would recommend working at ANSYS to a friend.

Does ANSYS have any subsidiaries?

ANSYS subsidiaries include these companies: Motor Design Ltd, OnScale, Phoenix Integration, AGI, Analytical Graphics, Lumerical, Zemax, and others.

Who are ANSYS's major shareholders?

ANSYS's top institutional investors include Bank of New York Mellon Corp (0.91%), Ninety One UK Ltd (0.76%), Sumitomo Mitsui Trust Holdings Inc. (0.58%) and M&G Plc (0.38%). Insiders that own company stock include Ajei Gopal, Shane Emswiler, Janet Lee, Barbara Vaughn Scherer, Glenda Dorchak and Maria T Shields.
View institutional ownership trends
.

How do I buy shares of ANSYS?

Shares of ANSS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ANSYS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ANSYS investors own include NVIDIA (NVDA), Adobe (ADBE), Salesforce (CRM), Advanced Micro Devices (AMD), Mastercard (MA), Micron Technology (MU) and Costco Wholesale (COST).

This page (NASDAQ:ANSS) was last updated on 7/27/2024 by MarketBeat.com Staff

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