NASDAQ:ANSSANSYS Stock Price, Forecast & News

$269.31

+0.34 (+0.13 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$259.04

Now: $269.31▼

$269.34

50-Day Range

$237.92

MA: $257.65▼

$269.87

52-Week Range

$174.25

Now: $269.31▼

$299.06

Volume459,561 shs

Average Volume513,948 shs

Market Capitalization$23.05 billion

P/E Ratio56.58

Dividend YieldN/A

Beta1.21

ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the company's engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization. It also provides fluids product suite that enables modeling of fluid flow and other related physical phenomena; and electromagnetics product suite, which provides field simulation software for designing electronic. In addition, the company offers power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; system simulation capability for the design of automated products; and high-performance computing product suite, which delivers cross-physics parallel processing capabilities for simulation software. Further, it provides Discovery product family for use in the simulation of product design; academic product suite with a portfolio of academic products based on associate, research, and teaching; ANSYS Fluent that enhance workflow process; and ANSYS medini analyze, a suite for functional safety analysis. The company serves engineers, designers, researchers, and students in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries and academia. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

Beat the Market (BTM) Rank^™

1.2 Analyst's Opinion

Consensus Rating
ANSYS has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $258.44, ANSYS has a potential downside of 4.0% from its current price of $269.31.
Amount of Analyst Coverage
ANSYS has only been the subject of 4 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
ANSYS has received 377 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ANSYS has received 480 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ANSYS has received 56.01% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ANSYS and other stocks. Vote “Outperform” if you believe ANSS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ANSS will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

1.0 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 $3,739,241.00 in company stock.
Percentage Held by Insiders
Only 0.58% of the stock of ANSYS is held by insiders.
Percentage Held by Institutions
92.22% of the stock of ANSYS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for ANSYS are expected to grow by 19.50% in the coming year, from $4.77 to $5.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ANSYS is 56.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of ANSYS is 56.58, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.23.
Price to Book Value per Share Ratio
ANSYS has a P/B Ratio of 7.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.01 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:ANSS

Previous Symbol

CUSIP03662Q10

CIK1013462

Webwww.ansys.com

Phone844-462-6797

Debt

Debt-to-Equity Ratio0.16

Current Ratio2.40

Quick Ratio2.40

Price-To-Earnings

Trailing P/E Ratio56.58

Forward P/E Ratio56.46

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.52 billion

Price / Sales15.21

Cash Flow$6.57 per share

Price / Cash Flow41.01

Book Value$38.46 per share

Price / Book7.00

Profitability

EPS (Most Recent Fiscal Year)$5.51

Net Income$451.30 million

Net Margins27.34%

Return on Equity13.73%

Return on Assets10.42%

Miscellaneous

Employees4,100

Outstanding Shares85,600,000

Market Cap$23.05 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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ANSYS (NASDAQ:ANSS) Frequently Asked Questions

How has ANSYS's stock been impacted by COVID-19 (Coronavirus)?

ANSYS's stock was trading at $217.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ANSS stock has increased by 23.7% and is now trading at $269.31. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ANSYS?

10 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ANSYS.

When is ANSYS's next earnings date?

ANSYS is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for ANSYS.

How were ANSYS's earnings last quarter?

ANSYS, Inc. (NASDAQ:ANSS) announced its quarterly earnings results on Wednesday, May, 6th. The software maker reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.03. The software maker had revenue of $308.90 million for the quarter, compared to analysts' expectations of $309.20 million. ANSYS had a net margin of 27.34% and a return on equity of 13.73%. The firm's revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 EPS. View ANSYS's earnings history.

What guidance has ANSYS issued on next quarter's earnings?

ANSYS updated its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of $5.61-$6.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.26. The company issued revenue guidance of $1.555-$1.630 billion, compared to the consensus revenue estimate of $1.63 billion.

What price target have analysts set for ANSS?

10 equities research analysts have issued 12-month price targets for ANSYS's stock. Their forecasts range from $200.00 to $308.00. On average, they anticipate ANSYS's share price to reach $258.44 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View analysts' price targets for ANSYS.

What are Wall Street analysts saying about ANSYS stock?

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

1. According to Zacks Investment Research, "ANSYS is benefiting from the adoption of its engineering simulation software and services. Growing clout of simulation in repair, maintenance and other overhaul projects is strengthening the company’s prospects. Increase in budgetary allocation for the defence spending across Europe & the United States is likely to be a tailwind. Robust investments in autonomous vehicles, electrification, smart, connected solutions and 5G hold promise. Moreover, Granta Design and Helic buyouts are helping ANSYS to fortify presence in the simulations market. However, adverse foreign currency exchange rates and declining perpetual upfront revenues remain concerns. Moreover, increasing spend on acquisitions pose integration risks. Also, stiff competition from CAD vendors is a woe." (10/14/2019)
2. Evercore ISI analysts commented, "We see some caution looking forward: Management noted that their financial guidance includes reduced expectations from their business in China as the result of the on-going trade discussions, which we view as prudent. While ACV was up nicely in the quarter (~14% as reported in cc and an estimated 10% y/y organic cc) the company only raised guidance slightly ($1,440-$1,470M vs. $1,425-1,475M prior). The company also maintained CFO of $470-$510M which given the weak CFO in the quarter (~$88.5M vs us/street at $99.4M/$132.1M) puts more pressure on the back half to make up the difference. Margins came in a lot stronger than expected (nearly 500 bps above consensus), however, which suggests there may be more upside to profitability." (8/6/2019)

Has ANSYS been receiving favorable news coverage?

News articles about ANSS stock have been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ANSYS earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutANSYS.

Who are some of ANSYS's key competitors?

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), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Pegasystems (PEGA). View all competitors.

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), Advanced Micro Devices (AMD), salesforce.com (CRM), Mastercard (MA), Alibaba Group (BABA), Netflix (NFLX), Micron Technology (MU), Costco Wholesale (COST) and AT&T (T).

Who are ANSYS's key executives?

ANSYS's management team includes the following people:

Dr. Ajei S. Gopal, Pres, CEO & Director (Age 57)
Ms. Maria T. Shields, CFO, Sr. VP of Fin. and Admin. & Principal Accounting Officer (Age 54)
Ms. Janet Lee, VP, Gen. Counsel & Sec. (Age 55)
Mr. Richard S. Mahoney, Sr. VP of Worldwide Sales & Customer Excellence (Age 56)
Dr. Prithviraj Banerjee, Chief Technology Officer (Age 59)

What is ANSYS's stock symbol?

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

Who are ANSYS's major shareholders?

ANSYS's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.73%), Aristotle Capital Management LLC (4.51%), State Street Corp (4.22%), Massachusetts Financial Services Co. MA (3.49%), Principal Financial Group Inc. (2.09%) and Geode Capital Management LLC (1.86%). Company insiders that own ANSYS stock include Ajei Gopal, Alec D Gallimore, Barbara Vaughn Scherer, 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.

Which institutional investors are selling ANSYS stock?

ANSS stock was sold by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Principal Financial Group Inc., Brown Capital Management LLC, Fred Alger Management LLC, Pictet Asset Management Ltd., KAMES CAPITAL plc, Mawer Investment Management Ltd., and APG Asset Management N.V.. Company insiders that have sold ANSYS company stock in the last year include Janet Lee, Maria T Shields, Matthew C Zack, Richard S Mahoney, and Shane Emswiler. View insider buying and selling activity for ANSYS.

Which institutional investors are buying ANSYS stock?

ANSS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Akre Capital Management LLC, Nomura Asset Management Co. Ltd., Alliancebernstein L.P., Sumitomo Mitsui Trust Holdings Inc., Morgan Stanley, Morgan Stanley, and Impax Asset Management Group plc. View insider buying and selling activity for ANSYS.

How do I buy shares of 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.

What is ANSYS's stock price today?

One share of ANSS stock can currently be purchased for approximately $269.31.

How big of a company is ANSYS?

ANSYS has a market capitalization of $23.05 billion and generates $1.52 billion in revenue each year. The software maker earns $451.30 million in net income (profit) each year or $5.51 on an earnings per share basis. ANSYS employs 4,100 workers across the globe.

What is ANSYS's official website?

The official website for ANSYS is www.ansys.com.

How can I contact ANSYS?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff