S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration

ANSYS (ANSS) Stock Price, News & Analysis

$334.20
-5.90 (-1.73%)
(As of 04/12/2024 ET)
Today's Range
$332.88
$338.05
50-Day Range
$327.52
$349.84
52-Week Range
$258.01
$364.31
Volume
658,666 shs
Average Volume
435,150 shs
Market Capitalization
$29.18 billion
P/E Ratio
58.32
Dividend Yield
N/A
Price Target
$322.75

ANSYS MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.89 Rating Score
Upside/​Downside
3.4% Downside
$322.75 Price Target
Short Interest
Healthy
1.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.61
Upright™ Environmental Score
News Sentiment
0.71mentions of ANSYS in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$51,312 Sold Last Quarter
Proj. Earnings Growth
8.04%
From $7.34 to $7.93 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.

3.44 out of 5 stars

Computer And Technology Sector

247th out of 597 stocks

Prepackaged Software Industry

79th out of 198 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

ANSS Stock News Headlines

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Ansys launches ChatGPT-powered virtual assistant
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Short Interest in ANSYS, Inc. (NASDAQ:ANSS) Rises By 5.0%
Ansys Inc. - Registered Shares
Synopsys Stock Rises on Nvidia Announcements
ANSS Apr 2024 360.000 call
ANSS Apr 2024 270.000 call
ANSS Jan 2026 450.000 call
Candymaker partners with Canonsburg based Ansys
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/13/2024
Next Earnings (Estimated)
5/01/2024
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
$322.75
High Stock Price Target
$347.00
Low Stock Price Target
$290.00
Potential Upside/Downside
-3.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.89
Research Coverage
9 Analysts

Profitability

Net Income
$500.41 million
Pretax Margin
26.09%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$8.44 per share
Book Value
$62.05 per share

Miscellaneous

Free Float
86,557,000
Market Cap
$29.18 billion
Optionable
Optionable
Beta
1.16

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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, Inc. offers a diverse range of engineering simulation software and services catering to various industries globally, providing a wide market reach and potential for growth.
  • The company's focus on continuous innovation and development of advanced simulation tools, such as Ansys Fluent computational fluid dynamics software package, keeps it competitive in the market and attracts tech-savvy investors.
  • Recent financial reports indicate a steady revenue growth trajectory for ANSYS, Inc., reflecting a strong financial performance and stability, which can be appealing to risk-averse investors.
  • With a strong presence in key markets like the United States, Japan, and Europe, ANSYS, Inc. has established a solid foundation for expansion and market penetration, offering investors exposure to diverse economies.
  • Investors may find the current stock price of ANSYS, Inc. attractive, considering the company's growth potential and market positioning, making it a potentially lucrative investment opportunity.

Cons

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

  • Despite its strong market presence, ANSYS, Inc. faces stiff competition from other software developers in the engineering simulation industry, which could impact its market share and profitability.
  • Fluctuations in global economic conditions and industry-specific challenges may pose risks to ANSYS, Inc.'s revenue streams and growth prospects, potentially affecting investor returns.
  • Investing in technology companies like ANSYS, Inc. carries inherent risks related to rapid technological advancements, market disruptions, and changing consumer preferences, which could impact the company's long-term sustainability.
  • While ANSYS, Inc. has a history of innovation, the failure to adapt to emerging technologies or market trends could hinder its competitive edge and lead to a decline in investor confidence.
  • Investors should carefully consider the overall market conditions, industry trends, and company-specific factors before making investment decisions in ANSYS, Inc. to mitigate potential risks and uncertainties associated with the investment.
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 Saturday, April 6, 2024. Please send any questions or comments about these ANSYS pros and cons to contact@marketbeat.com.

ANSS Stock Analysis - Frequently Asked Questions

Should I buy or sell ANSYS stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last year. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" ANSS shares.
View ANSS analyst ratings
or view top-rated stocks.

What is ANSYS's stock price target for 2024?

9 brokers have issued 12-month price objectives for ANSYS's stock. Their ANSS share price targets range from $290.00 to $347.00. On average, they predict the company's stock price to reach $322.75 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for ANSS
or view top-rated stocks among Wall Street analysts.

How have ANSS shares performed in 2024?

ANSYS's stock was trading at $362.88 on January 1st, 2024. Since then, ANSS shares have decreased by 7.9% and is now trading at $334.20.
View the best growth stocks for 2024 here
.

Are investors shorting ANSYS?

ANSYS saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,490,000 shares, an increase of 19.2% from the March 15th total of 1,250,000 shares. Based on an average trading volume of 738,000 shares, the short-interest ratio is currently 2.0 days. Approximately 1.7% of the company's stock 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, May 1st 2024.
View our ANSS earnings forecast
.

How were ANSYS's earnings last quarter?

ANSYS, Inc. (NASDAQ:ANSS) issued its quarterly earnings data on Wednesday, February, 21st. The software maker reported $3.94 EPS for the quarter, topping the consensus estimate of $3.71 by $0.23. The software maker had revenue of $805.10 million for the quarter, compared to the consensus estimate of $797.49 million. ANSYS had a net margin of 22.05% and a trailing twelve-month return on equity of 11.83%. The company's quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.61 earnings per share.

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).

Who are ANSYS's major shareholders?

ANSYS's stock is owned by a number of institutional and retail investors. Top institutional investors include Westwind Capital (0.06%), Perpetual Ltd (0.06%), Los Angeles Capital Management LLC (0.05%), Fort Pitt Capital Group LLC (0.03%), Czech National Bank (0.02%) and Gulf International Bank UK Ltd (0.01%). Insiders that own company stock include Ajei Gopal, Alec D Gallimore, Barbara Vaughn Scherer, Glenda Dorchak, Janet Lee, Maria T Shields, Richard S Mahoney and Shane Emswiler.
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.

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.
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This page (NASDAQ:ANSS) was last updated on 4/13/2024 by MarketBeat.com Staff

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