ANSYS Company Profile (NASDAQ:ANSS)

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

ANSYS, Inc. (NASDAQ:ANSS) released its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.04. The business earned $253.41 million during the quarter, compared to analyst estimates of $241.52 million. ANSYS had a return on equity of 13.81% and a net margin of 26.82%. View ANSYS's Earnings History.

ANSYS is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for ANSYS.

ANSYS updated its second quarter earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.88-0.93 for the period, compared to the Thomson Reuters consensus estimate of $0.92. The company issued revenue guidance of $253.6-263 million, compared to the consensus revenue estimate of $256.11 million.

11 brokerages have issued 12-month price targets for ANSYS's shares. Their predictions range from $86.00 to $114.00. On average, they anticipate ANSYS's stock price to reach $105.75 in the next twelve months. View Analyst Ratings for ANSYS.

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

• 1. According to Zacks Investment Research, "ANSYS is a dominant player in the high-end design simulation software market. We believe that robust product portfolio, expanding total addressable market (due to rising complexity in manufacturing IoT related products), improving enterprise penetration, collaborations with leading vendors and strong balance sheet will aid the stock to sustain momentum. Further, the ongoing restructuring and investments on product development along with sales execution are positives, in our view. However, declining perpetual license revenues will hurt top-line growth at least in the near term. Moreover, weakness in Europe and adverse foreign currency exchange rates are other major concerns. ANSYS has underperformed the Zacks categorized Computer Software industry on a year-to-date basis." (7/4/2017)
• 2. Wedbush analysts commented, "ANSS's shift to lease licenses creates some degree of opaqueness about its underlying growth rate, but our interpretation of ANSS's numbers leads us to peg its growth trend at mid-single digits. Secular drivers for simulation growth remain intact, and cyclical demand conditions appear to be improving. Longer term, we think ANSS's shift to term licenses can be accretive, but a necessary move to cloud (and consumption-based pricing) could be disruptive to the company's high-margin model. ANSS shares look fairly valued at 22x EV/ FY17E FCF ($4.33/ share); we would be on the sidelines." (2/24/2017)

Some companies that are related to ANSYS include Symantec Corporation (SYMC), Check Point Software Technologies (CHKP), Mobileye N.V. (MBLY), Workday (WDAY), PTC (PTC), Square (SQ), Sabre Corporation (SABR), King Digital Entertainment PLC (KING), Mulesoft (MULE), Zendesk (ZEN), New Relic (NEWR), Box (BOX), Twilio (TWLO), CyberArk Software (CYBR), Five9 (FIVN), Radware (RDWR), GB Group plc (GBG) and Keywords Studios PLC (KWS).

ANSYS's management team includes the folowing people:

• James E. Cashman III, Chairman of the Board
• Ajei S. Gopal, President, Chief Executive Officer, Chief Operating Officer, Director
• Maria T. Shields, Chief Financial Officer, Vice President - Finance and Administration
• Rick Mahoney, Vice President - Worldwide Sales and Customer Excellence
• Ronald W. Hovsepian, Lead Independent Director
• Guy E. Dubois, Independent Director
• William R. McDermott, Independent Director
• Bradford C. Morley, Independent Director
• Barbara Vaughn Scherer, Independent Director

ANSYS's stock is owned by many different of retail and institutional investors. Top institutional shareholders include KAMES CAPITAL plc (0.77%), Intermede Investment Partners Ltd (0.41%), GW&K Investment Management LLC (0.30%), Handelsbanken Fonder AB (0.26%), NN Investment Partners Holdings N.V. (0.15%) and Capital Investment Services of America Inc. (0.14%). Company insiders that own ANSYS stock include Debra A Burk, James E Cashman III, Maria T Shields, Michael Thurk, Patrick J Zilvitis, Robert Andrew Kocis, Sheila S Dinardo and Walid Abu-Hadba. View Institutional Ownership Trends for ANSYS.

ANSYS's stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Handelsbanken Fonder AB, Gateway Investment Advisers LLC, Oregon Public Employees Retirement Fund, Intermede Investment Partners Ltd, Handelsinvest Investeringsforvaltning, Louisiana State Employees Retirement System and Sit Investment Associates Inc.. Company insiders that have sold ANSYS stock in the last year include Michael Thurk, Patrick J Zilvitis, Robert Andrew Kocis, Sheila S Dinardo and Walid Abu-Hadba. View Insider Buying and Selling for ANSYS.

ANSYS's stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Chevy Chase Trust Holdings Inc., BTIM Corp., GW&K Investment Management LLC, Exxonmobil Investment Management Inc. TX, Bank of Montreal Can, Mn Services Vermogensbeheer B.V. and DnB Asset Management AS. View Insider Buying and Selling for ANSYS.

Shares of ANSYS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ANSYS stock can currently be purchased for approximately $126.18.