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 Trading Down 2.4 %

ANSS opened at $285.48 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.12 and a quick ratio of 2.28. The company has a market cap of $24.83 billion, a price-to-earnings ratio of 54.79, a price-to-earnings-growth ratio of 5.77 and a beta of 1.29. The firm has a 50 day simple moving average of $251.90 and a 200 day simple moving average of $281.87. ANSYS has a fifty-two week low of $225.92 and a fifty-two week high of $413.89.

ANSYS (NASDAQ:ANSS - Get Rating) last issued its earnings results on Wednesday, August 3rd. The software maker reported $1.77 EPS for the quarter, beating 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 period in the prior year, the firm earned $1.38 earnings per share. On average, sell-side analysts anticipate that ANSYS will post 6.14 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ANSS. Royal Bank of Canada decreased their target price on shares of ANSYS from $350.00 to $315.00 in a research note on Friday, May 6th. Barclays raised their price target on shares of ANSYS from $245.00 to $250.00 and gave the company an "underweight" rating in a report on Friday. Rosenblatt Securities cut their price target on shares of ANSYS from $315.00 to $285.00 and set a "neutral" rating on the stock in a report on Thursday, July 21st. Mizuho cut their price target on shares of ANSYS from $285.00 to $265.00 and set a "neutral" rating on the stock in a report on Tuesday, July 19th. Finally, TheStreet downgraded shares of 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 data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $274.70.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 800 shares of the company's stock in a transaction that occurred on Thursday, June 2nd. The shares were 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 $1,035,223.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.63% of the company's stock.