ANSYS - ANSS Stock Forecast, Price & News

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; 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 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 transportation and mobility, construction, consumer products, energy, healthcare, high-tech, industrial equipment, materials and chemical processing, and sports industries. The company was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

Analysts Set New Price Targets

Several research firms have commented on ANSS. Oppenheimer reaffirmed an "initiates" rating on shares of ANSYS in a report on Wednesday, July 27th. Credit Suisse Group upped their price objective on shares of ANSYS to $329.00 in a research report on Tuesday, August 9th. TheStreet downgraded shares of ANSYS from a "b-" rating to a "c" rating in a research report on Wednesday, May 4th. Citigroup upped their price target on shares of ANSYS to $311.00 in a research report on Tuesday, August 9th. Finally, Mizuho dropped their price objective on shares of ANSYS from $285.00 to $265.00 and set a "neutral" rating for the company in a research note on Tuesday, July 19th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, ANSYS currently has a consensus rating of "Hold" and a consensus target price of $279.30.

ANSYS Stock Performance

ANSYS stock traded up $1.79 during midday trading on Monday, hitting $286.36. 400,174 shares of the company's stock were exchanged, compared to its average volume of 537,307. ANSYS has a 12-month low of $225.92 and a 12-month high of $413.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.12 and a current ratio of 2.12. The stock has a market cap of $24.93 billion, a price-to-earnings ratio of 54.96, a price-to-earnings-growth ratio of 5.96 and a beta of 1.29. The firm's 50 day simple moving average is $254.06 and its 200 day simple moving average is $280.49.

ANSYS (NASDAQ:ANSS - Get Rating) last issued its quarterly earnings data on Wednesday, August 3rd. The software maker reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.16. ANSYS had a net margin of 22.96% and a return on equity of 11.98%. During the same quarter in the prior year, the company posted $1.38 EPS. Equities research analysts predict that ANSYS will post 6.08 EPS for the current year.

Insider Activity

In other news, Director Glenda Dorchak sold 800 shares of ANSYS stock in a transaction dated Thursday, June 2nd. The shares were sold at an average price of $256.18, for a total value of $204,944.00. Following the sale, the director now owns 4,041 shares of the company's stock, valued at $1,035,223.38. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company's stock.