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 up $4.43 during trading on Friday, hitting $284.57. 511,660 shares of the stock were exchanged, compared to its average volume of 482,113. The stock's fifty day moving average is $254.06 and its 200 day moving average is $280.69. The stock has a market cap of $24.78 billion, a PE ratio of 54.62, a P/E/G ratio of 5.96 and a beta of 1.29. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.12 and a current ratio of 2.12. ANSYS has a 12 month low of $225.92 and a 12 month high of $413.89.

ANSYS (NASDAQ:ANSS - Get Rating) last released its quarterly 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 net margin of 22.96% and a return on equity of 11.98%. During the same quarter last year, the company earned $1.38 earnings per share. As a group, sell-side analysts anticipate that ANSYS will post 6.08 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ANSS shares. Barclays upped 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, August 5th. 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. Oppenheimer reaffirmed an "initiates" rating on shares of ANSYS in a report on Wednesday, July 27th. TheStreet cut shares of ANSYS from a "b-" rating to a "c" rating in a report on Wednesday, May 4th. Finally, Mizuho dropped their target price 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. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $279.30.

Insider Transactions at ANSYS

In related news, Director Glenda Dorchak sold 800 shares of the 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 owns 4,041 shares in the company, valued at approximately $1,035,223.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.63% of the company's stock.