ANSYS - ANSS Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ANSS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ANSS, but not buy additional shares or sell existing shares.
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9 brokerages have issued 1 year target prices for ANSYS's shares. Their ANSS share price forecasts range from $226.00 to $330.00. On average, they anticipate the company's stock price to reach $286.25 in the next year. This suggests that the stock has a possible downside of 9.0%.
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ANSYS's stock was trading at $241.59 at the beginning of the year. Since then, ANSS shares have increased by 30.1% and is now trading at $314.42.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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ANSYS, Inc. (NASDAQ:ANSS) released its quarterly earnings results on Thursday, February, 23rd. The software maker reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.80 by $0.29. The software maker earned $694.70 million during the quarter, compared to analyst estimates of $649.47 million. ANSYS had a net margin of 25.35% and a trailing twelve-month return on equity of 12.22%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $2.41 EPS.
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ETFs with the largest weight of ANSYS (NASDAQ:ANSS) stock in their portfolio include iShares Future Metaverse Tech and Communications ETF (IVRS), Pacer BlueStar Engineering the Future ETF (BULD), 3D Printing ETF (PRNT), ProShares S&P Kensho Smart Factories ETF (MAKX), First Trust NASDAQ-100-Technology Sector Index Fund (QTEC), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), Franklin Intelligent Machines ETF (IQM) and Spear Alpha ETF (SPRX).

ANSYS issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share (EPS) guidance of $1.53-$1.71 for the period, compared to the consensus estimate of $1.42. The company issued revenue guidance of $482.50 million-$507.50 million, compared to the consensus revenue estimate of $450.92 million.

250 employees have rated ANSYS Chief Executive Officer Ajei Gopal on Glassdoor.com. Ajei Gopal has an approval rating of 95% among the company's employees. This puts Ajei Gopal in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 88.0% of employees surveyed would recommend working at ANSYS to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other ANSYS investors own include NVIDIA (NVDA), Adobe (ADBE), Salesforce (CRM), Advanced Micro Devices (AMD), Mastercard (MA), Micron Technology (MU), Costco Wholesale (COST), Cisco Systems (CSCO), QUALCOMM (QCOM) and Intel (INTC).

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

ANSYS's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Aristotle Capital Management LLC (4.93%), Bamco Inc. NY (2.24%), Geode Capital Management LLC (2.10%), Ownership Capital B.V. (1.72%), Nordea Investment Management AB (1.36%) and Impax Asset Management Group plc (1.18%). Insiders that own company stock include Ajei Gopal, Alec D Gallimore, Barbara Vaughn Scherer, Glenda Dorchak, Janet Lee, Maria T Shields, Maria T Shields, Matthew C Zack, Nicole Anasenes, Richard S Mahoney, Richard S Mahoney and Shane Emswiler.
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Shares of ANSS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ANSS stock can currently be purchased for approximately $314.42.

ANSYS (NASDAQ:ANSS) has a market capitalization of $27.38 billion and generates $2.07 billion in revenue each year. The software maker earns $523.71 million in net income (profit) each year or $5.99 on an earnings per share basis.

The company employs 5,600 workers across the globe.

ANSYS's mailing address is 2600 ANSYS DRIVE SOUTHPOINTE, CANONSBURG PA, 15317. The official website for the company is www.ansys.com. The software maker can be reached via phone at (844) 462-6797, via email at annette.arribas@ansys.com, or via fax at 724-514-9494.