ANSYS Company Profile (NASDAQ:ANSS)

ANSYS trades on the NASDAQ under the ticker symbol "ANSS."

ANSYS, Inc. (NASDAQ:ANSS) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.92 by $0.07. The company earned $264.30 million during the quarter, compared to analyst estimates of $259.75 million. ANSYS had a net margin of 26.37% and a return on equity of 13.87%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.93 earnings per share. View ANSYS's Earnings History.

ANSYS is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for ANSYS.

ANSYS issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $3.77-3.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.79. The company issued revenue guidance of $1.053-1.073 billion, compared to the consensus revenue estimate of $1.05 billion.ANSYS also updated its Q3 guidance to $0.94-0.98 EPS.

11 brokers have issued 12 month price objectives for ANSYS's stock. Their predictions range from $86.00 to $114.00. On average, they expect ANSYS's stock price to reach $105.75 in the next year. View Analyst Ratings for ANSYS.

Here are some recent quotes from research analysts about ANSYS stock:

• 1. According to Zacks Investment Research, "ANSYS reported better-than-expected second-quarter 2017 results which also marked year-over-year improvement. An upbeat 2017 outlook was also encouraging. ANSYS is a dominant player in the high-end design simulation software market. Notably, ANSYS has outperformed the industry in the last one year. We believe that robust product portfolio, expanding total addressable market (due to rising complexity in manufacturing IoT related products), improving enterprise penetration, collaborations with leading vendors and strong balance sheet will aid the stock to sustain momentum. Further, the ongoing restructuring and investments on product development along with sales execution are positives, in our view. However, declining perpetual license revenues will hurt top-line growth at least in the near term. Moreover, weakness in Europe and adverse foreign currency exchange rates are other major concerns." (8/7/2017)
• 2. Wedbush analysts commented, "ANSS's shift to lease licenses creates some degree of opaqueness about its underlying growth rate, but our interpretation of ANSS's numbers leads us to peg its growth trend at mid-single digits. Secular drivers for simulation growth remain intact, and cyclical demand conditions appear to be improving. Longer term, we think ANSS's shift to term licenses can be accretive, but a necessary move to cloud (and consumption-based pricing) could be disruptive to the company's high-margin model. ANSS shares look fairly valued at 22x EV/ FY17E FCF ($4.33/ share); we would be on the sidelines." (2/24/2017)

Some companies that are related to ANSYS include Check Point Software Technologies (CHKP), Symantec Corporation (SYMC), Mobileye N.V. (MBLY), Square (SQ), PTC (PTC), King Digital Entertainment PLC (KING), Sabre Corporation (SABR), Twilio (TWLO), Zendesk (ZEN), Mulesoft (MULE), New Relic (NEWR), Box (BOX), CyberArk Software (CYBR), Five9 (FIVN), Radware (RDWR), Keywords Studios PLC (KWS), GB Group plc (GBG) and Rosetta Stone (RST).

ANSYS's management team includes the folowing people:

• James E. Cashman III, Chairman of the Board
• Ajei S. Gopal, President, Chief Executive Officer, Chief Operating Officer, Director
• Maria T. Shields, Chief Financial Officer, Vice President - Finance and Administration
• Rick Mahoney, Vice President - Worldwide Sales and Customer Excellence
• Ronald W. Hovsepian, Lead Independent Director
• Guy E. Dubois, Independent Director
• William R. McDermott, Independent Director
• Bradford C. Morley, Independent Director
• Barbara Vaughn Scherer, Independent Director

ANSYS's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.98%), BlackRock Inc. (8.26%), FMR LLC (7.85%), Atlanta Capital Management Co. L L C (5.01%), State Street Corp (4.14%) and Bamco Inc. NY (3.09%). Company insiders that own ANSYS stock include Debra A Burk, James E Cashman III, Maria T Shields, Michael Thurk, Patrick J Zilvitis, Robert Andrew Kocis, Sheila S Dinardo and Walid Abu-Hadba. View Institutional Ownership Trends for ANSYS.

ANSYS's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Ameriprise Financial Inc., Bank of New York Mellon Corp, New York State Common Retirement Fund, Franklin Resources Inc., Principal Financial Group Inc., Nationwide Fund Advisors and Retirement Systems of Alabama. Company insiders that have sold ANSYS stock in the last year include Michael Thurk, Patrick J Zilvitis, Robert Andrew Kocis, Sheila S Dinardo and Walid Abu-Hadba. View Insider Buying and Selling for ANSYS.

ANSYS's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Koch Industries Inc., State Street Corp, Goldman Sachs Group Inc., Renaissance Technologies LLC, Schwab Charles Investment Management Inc., NN Investment Partners Holdings N.V. and Commonwealth Bank of Australia. View Insider Buying and Selling for ANSYS.

Shares of ANSYS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ANSYS stock can currently be purchased for approximately $125.52.