NASDAQ:ANSS - ANSYS Stock Price, Forecast & News

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

ANSYS declared that its board has authorized a share repurchase plan on Thursday, February 22nd 2018, which allows the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

ANSYS, Inc. (NASDAQ:ANSS) issued its earnings results on Wednesday, November, 6th. The software maker reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.42. The software maker had revenue of $343.90 million for the quarter, compared to the consensus estimate of $334.40 million. ANSYS had a net margin of 30.35% and a return on equity of 16.65%. The firm's quarterly revenue was up 18.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.31 earnings per share. View ANSYS's Earnings History.

ANSYS is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for ANSYS.

ANSYS issued an update on its fourth quarter earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $1.87-2.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.06. The company issued revenue guidance of $454.1-479.1 million, compared to the consensus revenue estimate of $466.51 million.

11 equities research analysts have issued 12-month price targets for ANSYS's stock. Their forecasts range from $185.00 to $265.00. On average, they anticipate ANSYS's share price to reach $227.22 in the next twelve months. This suggests that the stock has a possible downside of 15.7%. View Analyst Price Targets for ANSYS.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ANSYS.

Media coverage about ANSS stock has been trending positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. ANSYS earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for ANSYS.

Some companies that are related to ANSYS include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Aspen Technology (AZPN) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other ANSYS investors own include NVIDIA (NVDA), Adobe (ADBE), Netflix (NFLX), Alibaba Group (BABA), Advanced Micro Devices (AMD), Costco Wholesale (COST), Walt Disney (DIS), salesforce.com (CRM), Mastercard (ma) and Micron Technology (MU).

ANSYS's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Welch & Forbes LLC (0.55%), Riverbridge Partners LLC (0.54%), Wedge Capital Management L L P NC (0.20%), Capital Investment Services of America Inc. (0.10%), Gateway Investment Advisers LLC (0.07%) and Brasada Capital Management LP (0.07%). Company insiders that own ANSYS stock include Ajei Gopal, Alec D Gallimore, Barbara Vaughn Scherer, Bradford C Morley, James E Cashman III, Janet Lee, Maria T Shields, Matthew C Zack, Michael Thurk, Richard S Mahoney, Shane Emswiler and William R Mcdermott. View Institutional Ownership Trends for ANSYS.

ANSS stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Wedge Capital Management L L P NC, Welch & Forbes LLC, Riverbridge Partners LLC, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Raymond James Trust N.A. and IFM Investors Pty Ltd. Company insiders that have sold ANSYS company stock in the last year include Ajei Gopal, Alec D Gallimore, Janet Lee, Maria T Shields, Matthew C Zack, Michael Thurk, Richard S Mahoney, Shane Emswiler and William R Mcdermott. View Insider Buying and Selling for ANSYS.

ANSS stock was purchased by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC, DNB Asset Management AS, First Hawaiian Bank, Brasada Capital Management LP, Red Spruce Capital LLC, AE Wealth Management LLC, Elefante Mark B and Allred Capital Management LLC. View Insider Buying and Selling for ANSYS.

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

One share of ANSS stock can currently be purchased for approximately $269.58.

ANSYS has a market capitalization of $22.70 billion and generates $1.29 billion in revenue each year. The software maker earns $419.38 million in net income (profit) each year or $5.21 on an earnings per share basis. ANSYS employs 3,400 workers across the globe.View Additional Information About ANSYS.

The official website for ANSYS is http://www.ansys.com/.

ANSYS's mailing address is 2600 ANSYS DRIVE SOUTHPOINTE, CANONSBURG PA, 15317. The software maker can be reached via phone at 844-462-6797 or via email at [email protected]