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.
View ANSS analyst ratings or view top-rated stocks.

9 brokerages have issued 12-month price objectives for ANSYS's stock. Their ANSS share price forecasts range from $220.00 to $320.00. On average, they predict the company's stock price to reach $262.64 in the next twelve months. This suggests that the stock has a possible downside of 4.6%.
View analysts price targets for ANSS or view top-rated stocks among Wall Street analysts.

ANSYS's stock was trading at $241.59 on January 1st, 2023. Since then, ANSS stock has increased by 13.9% and is now trading at $275.23.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our ANSS earnings forecast.

ANSYS will be holding an earnings conference call on Thursday, February 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "3180704".

ANSYS, Inc. (NASDAQ:ANSS) issued its quarterly earnings results on Tuesday, November, 2nd. The software maker reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25. The software maker earned $445.42 million during the quarter, compared to analyst estimates of $414.98 million. ANSYS had a net margin of 23.13% and a trailing twelve-month return on equity of 12.13%. During the same period in the prior year, the business earned $1.03 EPS.
Read the conference call transcript.

ANSYS issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of $2.58-$2.90 for the period, compared to the consensus earnings per share estimate of $2.95. The company issued revenue guidance of $621.80 million-$656.80 million, compared to the consensus revenue estimate of $666.81 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 number of retail and institutional investors. Top institutional investors include AKO Capital LLP (0.76%), Sumitomo Mitsui Trust Holdings Inc. (0.69%), Parnassus Investments LLC (0.57%), Riverbridge Partners LLC (0.55%), Pendal Group Ltd (0.50%) and DekaBank Deutsche Girozentrale (0.49%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of ANSS stock can currently be purchased for approximately $275.23.

ANSYS (NASDAQ:ANSS) has a market capitalization of $23.98 billion and generates $1.91 billion in revenue each year. The software maker earns $454.63 million in net income (profit) each year or $5.34 on an earnings per share basis.

The company employs 5,100 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.