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 Down 2.1 %

Shares of ANSS traded down $6.04 during mid-day trading on Thursday, reaching $281.16. The company had a trading volume of 11,003 shares, compared to its average volume of 456,459. 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 company has a market capitalization of $24.48 billion, a price-to-earnings ratio of 55.12, a price-to-earnings-growth ratio of 5.85 and a beta of 1.29. The firm has a 50-day moving average price of $253.28 and a 200 day moving average price of $281.58. ANSYS has a 52 week low of $225.92 and a 52 week high of $413.89.

ANSYS (NASDAQ:ANSS - Get Rating) last released its earnings results on Wednesday, August 3rd. The software maker reported $1.77 EPS for the quarter, topping 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 period in the prior year, the business earned $1.38 EPS. On average, sell-side analysts forecast that ANSYS will post 6.08 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ANSS. Mizuho dropped their price objective on ANSYS from $285.00 to $265.00 and set a "neutral" rating for the company in a report on Tuesday, July 19th. TheStreet cut shares of ANSYS from a "b-" rating to a "c" rating in a research report on Wednesday, May 4th. Barclays boosted their price target on shares of ANSYS from $245.00 to $250.00 and gave the company an "underweight" rating in a research report on Friday, August 5th. Citigroup raised their price objective on shares of ANSYS to $311.00 in a report on Tuesday. Finally, Royal Bank of Canada reduced their target price on ANSYS from $350.00 to $315.00 in a report on Friday, May 6th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $279.30.

Insider Activity at ANSYS

In other ANSYS 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 completion of the transaction, the director now directly owns 4,041 shares of the company's stock, valued at $1,035,223.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.63% of the stock is currently owned by insiders.