NASDAQ:ANSS

ANSYS (ANSS) Stock Forecast, Price & News

$288.74

+1.35 (+0.47%)

(As of 12:15 PM ET)

Compare

Today's Range: $286.09
▼
$291.51
50-Day Range: $287.39
▼
$342.10
52-Week Range: $194.23
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$351.23

Volume: 155,149 shs
Average Volume: 470,886 shs
Market Capitalization: $25.06 billion

P/E Ratio: 48.12
Dividend Yield: N/A
Price Target: $317.45

ANSYS MarketRank™ Forecast

Analyst Rating: Hold
2.38 Rating Score
Upside/Downside: 10.5% Upside
$317.45 Price Target
Short Interest: Healthy
1.24% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: 0.99
Based on 6 Articles This Week
Insider Trading: Selling Shares
$4.70 M Sold Last Quarter
Proj. Earnings Growth: 15.58%
From $6.61 to $7.64 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Computer And Technology Sector

216th out of 596 stocks

Prepackaged Software Industry

66th out of 200 stocks

2.2

Analyst's Opinion

Consensus Rating
ANSYS has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $317.45, ANSYS has a forecasted upside of 10.5% from its current price of $287.39.
Amount of Analyst Coverage
ANSYS has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.24% of the float of ANSYS has been sold short.
Short Interest Ratio / Days to Cover
ANSYS has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ANSYS has recently increased by 7.34%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
ANSYS does not currently pay a dividend.
Dividend Growth
ANSYS does not have a long track record of dividend growth.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
ANSYS has received a 51.89% net impact score from Upright. Ansys seems to create the most significant positive value in categories "Taxes", "Creating knowledge", and "Jobs". The positive contribution in the "Creating knowledge" impact category is driven by its "Engineering simulation software", "Engineering simulation services", and "Customer service support for engineering simulation software" products. See details.
Environmental Sustainability
The Environmental Impact score for ANSYS is -0.68.

2.2

News and Social Media Coverage

News Sentiment
ANSYS has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for ANSYS this week, compared to 6 articles on an average week.
Search Interest
Only 4 people have searched for ANSS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added ANSYS to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ANSYS insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,702,028.00 in company stock.
Percentage Held by Insiders
Only 0.53% of the stock of ANSYS is held by insiders.
Percentage Held by Institutions
90.21% of the stock of ANSYS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for ANSYS are expected to grow by 15.58% in the coming year, from $6.61 to $7.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ANSYS is 47.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of ANSYS is 47.90, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 221.49.
Price to Earnings Growth Ratio
ANSYS has a PEG Ratio of 5.57. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ANSYS has a P/B Ratio of 5.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ANSYS (NASDAQ:ANSS) Stock

ANSYS, Inc. develops and markets engineering simulation software and services worldwide. It offers ANSYS Workbench, a framework upon which its multiphysics engineering simulation technologies are built and enables engineers to simulate the interactions between structures, heat transfer, fluids, electronics, and optical elements in a unified engineering simulation environment; high-performance computing product suite and the cloud; power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; and structural analysis product suite that provides simulation tools for product design and optimization. The company also provides electronics product suite that offers electromagnetic field simulation software for designing electronic and electromechanical products; 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 Granta products to give access to material intelligence; photonic design and simulation tools; and optical sensor and closed-loop, and real-time simulation, as well as safety-certified embedded software solutions. In addition, the company provides Discovery product family for use in the simulation of product design; and academic product suite used in research and teaching settings, which allows students to become familiar with its simulation software. It serves engineers, designers, researchers, and students in the aerospace and defense, automotive, construction, consumer products, energy, healthcare, high-tech, industrial equipment, and materials and chemical processing industries. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

ANSS Price History

30 days | 90 days | 365 days | Advanced Chart

ANSS Stock News Headlines

October 2, 2023 | bizjournals.com

U.S. News: These Pittsburgh firms make best tech companies to work for list

September 28, 2023 | finance.yahoo.com

Ansys Named in U.S. News & World Report's 2024 Best Companies to Work For in Technology

October 4, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 25, 2023 | finance.yahoo.com

Unveiling Ansys (ANSS)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 25, 2023 | americanbankingnews.com

Analysts Set ANSYS, Inc. (NASDAQ:ANSS) Price Target at $317.45

September 25, 2023 | americanbankingnews.com

ANSYS (NASDAQ:ANSS) and Bentley Systems (NASDAQ:BSY) Critical Analysis

September 21, 2023 | finance.yahoo.com

Ansys Named to Newsweek's List of Top 100 Most Loved Workplaces in America for 2023

September 15, 2023 | benzinga.com

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $7,400 Today

October 4, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 12, 2023 | msn.com

Ansys: Robust Growth And Profitability, Eyes Future Growth And AI Transformation

September 8, 2023 | morningstar.com

Ansys Inc ANSS Stock Quote

September 7, 2023 | finance.yahoo.com

Ansys' Global Partnership with F1 in Schools Empowers and Inspires New Generation of Engineers

September 6, 2023 | finance.yahoo.com

Unveiling the Investment Potential of Ansys Inc (ANSS): A Comprehensive Analysis of Financial ...

September 6, 2023 | finance.yahoo.com

Is ANSYS (ANSS) a Beneficiary of AI?

September 1, 2023 | benzinga.com

Here's How Much $100 Invested In Ansys 15 Years Ago Would Be Worth Today

September 1, 2023 | finance.yahoo.com

Ansys (ANSS) Up 4.4% Since Last Earnings Report: Can It Continue?

August 31, 2023 | finance.yahoo.com

Will Weakness in ANSYS, Inc.'s (NASDAQ:ANSS) Stock Prove Temporary Given Strong Fundamentals?

August 28, 2023 | thestreet.com

Three Plays from the Beaten-Up Tech Sector

August 16, 2023 | marketwatch.com

Ansys Inc. stock outperforms competitors despite losses on the day

August 15, 2023 | marketwatch.com

Ansys Inc. stock underperforms Tuesday when compared to competitors

August 10, 2023 | benzinga.com

$1000 Invested In Ansys 20 Years Ago Would Be Worth This Much Today

August 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Wix (WIX), Block (SQ) and Ansys (ANSS)

August 4, 2023 | msn.com

Rosenblatt Reiterates Ansys Inc. - Registered Shares (ANSS) Buy Recommendation

August 4, 2023 | msn.com

RBC Capital Reiterates Ansys Inc. - Registered Shares (ANSS) Sector Perform Recommendation

August 4, 2023 | markets.businessinsider.com

Ansys (ANSS): New Buy Recommendation for This Technology Giant

August 3, 2023 | finance.yahoo.com

ANSYS (ANSS) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

August 3, 2023 | finance.yahoo.com

Ansys (ANSS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

See More Headlines

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ANSS Company Calendar

Last Earnings: 8/03/2023
Today: 10/04/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NASDAQ:ANSS
CUSIP: 03662Q10
CIK: 1013462
Web: www.ansys.com
Phone: (844) 462-6797
Fax: 724-514-9494
Employees: 5,600
Year Founded: 1970

Price Target and Rating

Average Stock Price Forecast: $317.45
High Stock Price Forecast: $356.00
Low Stock Price Forecast: $274.00
Forecasted Upside/Downside: +10.5%
Consensus Rating: Hold
Rating Score (0-4): 2.38
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.00
Trailing P/E Ratio: 47.90
Forward P/E Ratio: 43.48
P/E Growth: 5.58
Net Income: $523.71 million
Net Margins: 24.12%
Pretax Margin: 26.66%
Return on Equity: 11.83%
Return on Assets: 8.71%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 2.20
Quick Ratio: 2.20

Sales & Book Value

Annual Sales: $2.07 billion
Price / Sales: 12.08
Cash Flow: $7.74 per share
Price / Cash Flow: 37.11
Book Value: $55.86 per share
Price / Book: 5.14

Miscellaneous

Outstanding Shares: 86,790,000
Free Float: 86,331,000
Market Cap: $24.94 billion
Optionable: Optionable
Beta: 1.24

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Key Executives

Dr. Ajei S. Gopal Ph.D. (Age 61)
Pres, CEO & Director
Comp: $2.96M

Ms. Nicole Anasenes (Age 50)
CFO & Sr. VP of finance
Comp: $1.04M

Ms. Janet Lee (Age 59)
Sr. VP, Gen. Counsel & Sec.
Comp: $761.61k

Mr. Shane Emswiler (Age 47)
Sr. VP of Products
Comp: $881.38k

Dr. Prithviraj Banerjee Ph.D. (Age 63)
Chief Technology Officer

Ms. Kelsey DeBriyn
VP of Investor Relations

Mr. Walt Hearn
Sr. VP of Worldwide Sales & Customer Excellence

Mr. Andy Kincheloe J.D.
VP of Global Marketing, Channel, & Go-To-Market Operations

Ms. Kathleen Weslock
VP of HR

Mr. M. Lee Detwiler
VP of Fin.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ANSS Stock - Frequently Asked Questions

Should I buy or sell ANSYS stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ANSS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ANSS, but not buy additional shares or sell existing shares.
View ANSS analyst ratings or view top-rated stocks.
What is ANSYS's stock price forecast for 2023?: 8 Wall Street analysts have issued 12-month target prices for ANSYS's stock. Their ANSS share price forecasts range from $274.00 to $356.00. On average, they predict the company's share price to reach $317.45 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for ANSS or view top-rated stocks among Wall Street analysts.
How have ANSS shares performed in 2023?: ANSYS's stock was trading at $241.59 at the beginning of 2023. Since then, ANSS stock has increased by 19.0% and is now trading at $287.39.
View the best growth stocks for 2023 here.
Are investors shorting ANSYS?: ANSYS saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,070,000 shares, an increase of 7.3% from the August 31st total of 996,800 shares. Based on an average daily volume of 443,400 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.2% of the shares of the company are sold short.
View ANSYS's Short Interest.
When is ANSYS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our ANSS earnings forecast.
How were ANSYS's earnings last quarter?: ANSYS, Inc. (NASDAQ:ANSS) released its quarterly earnings data on Thursday, August, 3rd. The software maker reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.11. The software maker earned $496.60 million during the quarter, compared to analyst estimates of $490.05 million. ANSYS had a trailing twelve-month return on equity of 11.83% and a net margin of 24.12%. ANSYS's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 earnings per share.
Read the conference call transcript.
What ETFs hold ANSYS's stock?: ETFs with the largest weight of ANSYS (NASDAQ:ANSS) stock in their portfolio include Pacer BlueStar Engineering the Future ETF (BULD), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), iShares Future Metaverse Tech and Communications ETF (IVRS), Guru Favorite Stocks ETF (GFGF), Hennessy Stance ESG Large Cap ETF (STNC), VanEck Robotics ETF (IBOT), 3D Printing ETF (PRNT) and First Trust NASDAQ 100 Technology Index Fund (QTEC).
What guidance has ANSYS issued on next quarter's earnings?: ANSYS issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $1.18-$1.31 for the period, compared to the consensus earnings per share estimate of $1.91. The company issued revenue guidance of $453.70 million-$473.70 million, compared to the consensus revenue estimate of $525.25 million.

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.
What other stocks do shareholders of ANSYS own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ANSYS investors own include NVIDIA (NVDA), Adobe (ADBE), Salesforce (CRM), Advanced Micro Devices (AMD), Mastercard (MA), Micron Technology (MU), Costco Wholesale (COST), Cisco Systems (CSCO), QUALCOMM (QCOM) and Intel (INTC).
What is ANSYS's stock symbol?: ANSYS trades on the NASDAQ under the ticker symbol "ANSS."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is ANSYS's stock price today?: One share of ANSS stock can currently be purchased for approximately $287.39.
How much money does ANSYS make?: ANSYS (NASDAQ:ANSS) has a market capitalization of $24.94 billion and generates $2.07 billion in revenue each year. The software maker earns $523.71 million in net income (profit) each year or $6.00 on an earnings per share basis.
How many employees does ANSYS have?: The company employs 5,600 workers across the globe.
Does ANSYS have any subsidiaries?: The following companies are subsidiares of ANSYS: 2011767 Ontario Inc., 3DSIM, AGI, ANSYS Austria GmbH, ANSYS Belgium S.A., ANSYS Canada Limited, ANSYS France SAS, ANSYS Germany GmbH, ANSYS Hellas Single Member S.A., ANSYS Iberia S.L., ANSYS Ireland Ltd., ANSYS Italia S.r.l, ANSYS Japan K.K., ANSYS Korea LLC, ANSYS Lumerical IP LLC, ANSYS Lumerical Software ULC, ANSYS Luxembourg Holding Company S.à.r.l., ANSYS Luxembourg S.à.r.l., ANSYS OOO, ANSYS Poland s p.z.o.o, ANSYS Singapore Pte. Ltd., ANSYS Software Ltd., ANSYS Software Private Limited, ANSYS Sweden AB, ANSYS Switzerland GmbH, ANSYS Technology (Shanghai) Co. Ltd., ANSYS UK Limited, Analytical Graphics, Analytical Graphics Asia Pacific Private Ltd., Analytical Graphics Inc., Ansoft Corporation, Ansys Fluent Inc., Ansys International LLC, Apache Design Solutions, Apache Science and Technology (Shanghai) Co. Ltd., CADOE, CFX, Century Dynamics, Computational Engineering International Inc, Computational Engineering International Inc., DYNARDO (Dynamic Software and Engineering) GmbH, Delcross Technologies, DfR Solutions, Dynardo, Esterel Technologies, Evolutionary Engineering AG, Fluent China Holdings Limited, Fluent Software (Shanghai) Co. Limited, Gear Design Solutions, Granta Design, Granta Design Limited, Helic, ICEM CFD Engineering, KPIT medini Technologies AG, Livermore Software Technology Corporation, Livermore Software Technology LLC, Lumerical, Lumerical Taiwan Inc., Matterhorn Merger Sub GmbH, Motor Design Ltd, Newmerical Technologies International, OPTIS CN Limited, OPTIS Hong Kong Limited, OPTIS Korea Co. Ltd., OnScale, Optis World, Phoenix Integration, Phoenix Integration Inc., Profitek, Reaction Design, SpaceClaim, Taiwan ANSYS Technologies Co., Virtual Motion LLC, Zemax, Zemax Europe Holdings LLC, Zemax Europe Limited, Zemax Germany GmbH, Zemax Japan K.K., Zemax LLC, Zemax Optical Technology Consulting (Shanghai) Co. Ltd, Zemax Taiwan LLC, Zillow TopCo Inc., and desktop.studio GmbH.
Read More
How can I contact ANSYS?: ANSYS's mailing address is 2600 ANSYS DRIVE SOUTHPOINTE, CANONSBURG PA, 15317. The official website for the company is www.ansys.com. The software maker can be reached via phone at (844) 462-6797, via email at annette.arribas@ansys.com, or via fax at 724-514-9494.

This page (NASDAQ:ANSS) was last updated on 10/4/2023 by MarketBeat.com Staff

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