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.

ANSYS Stock Performance

Shares of ANSYS stock traded down $2.83 during trading hours on Monday, hitting $282.65. 495,946 shares of the company's stock traded hands, compared to its average volume of 539,162. ANSYS has a 12-month low of $225.92 and a 12-month high of $413.89. The stock has a market capitalization of $24.59 billion, a price-to-earnings ratio of 54.25, a PEG ratio of 5.92 and a beta of 1.29. The company has a fifty day simple moving average of $252.26 and a 200-day simple moving average of $281.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.12 and a quick ratio of 2.12.

ANSYS (NASDAQ:ANSS - Get Rating) last announced its earnings results on Wednesday, August 3rd. The software maker reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.16. ANSYS had a return on equity of 11.98% and a net margin of 22.96%. During the same quarter last year, the firm posted $1.38 earnings per share. Equities research analysts anticipate that ANSYS will post 6.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Credit Suisse Group reduced their target price on ANSYS from $339.00 to $320.00 and set an "outperform" rating on the stock in a report on Monday, June 13th. Royal Bank of Canada reduced their target price on ANSYS from $350.00 to $315.00 in a report on Friday, May 6th. Mizuho reduced their target price on ANSYS from $285.00 to $265.00 and set a "neutral" rating on the stock in a report on Tuesday, July 19th. Citigroup cut their price target on ANSYS from $304.00 to $274.00 in a report on Thursday, July 21st. Finally, TheStreet cut ANSYS from a "b-" rating to a "c" rating in a report on Wednesday, May 4th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $274.70.

Insiders Place Their Bets

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