Ansys Inc. (NASDAQ:ANSS) has been assigned a consensus recommendation of “Hold” from the ten analysts that are presently covering the company. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $90.83.
A number of equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Ansys from a “hold” rating to a “sell” rating in a research report on Tuesday, October 4th. Wedbush restated a “neutral” rating and issued a $86.00 price objective on shares of Ansys in a research report on Thursday, July 28th. Evercore ISI restated a “buy” rating on shares of Ansys in a research report on Friday, September 16th. Finally, Barclays PLC raised their price objective on shares of Ansys from $86.00 to $94.00 and gave the company an “equal weight” rating in a research report on Friday, August 5th.
Large investors have recently bought and sold shares of the stock. Panagora Asset Management Inc. increased its stake in Ansys by 25.0% in the second quarter. Panagora Asset Management Inc. now owns 1,125 shares of the company’s stock worth $102,000 after buying an additional 225 shares during the last quarter. FineMark National Bank & Trust boosted its position in shares of Ansys by 76.6% in the second quarter. FineMark National Bank & Trust now owns 1,187 shares of the company’s stock worth $108,000 after buying an additional 515 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Ansys during the second quarter worth $118,000. Pacer Advisors Inc. boosted its position in shares of Ansys by 8.9% in the second quarter. Pacer Advisors Inc. now owns 1,511 shares of the company’s stock worth $137,000 after buying an additional 123 shares during the period. Finally, Invictus RG acquired a new position in shares of Ansys during the first quarter worth $137,000. Institutional investors own 97.28% of the company’s stock.
Shares of Ansys (NASDAQ:ANSS) opened at 91.40 on Wednesday. The stock has a 50 day moving average price of $94.01 and a 200-day moving average price of $90.69. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 31.73 and a beta of 0.99. Ansys has a 52-week low of $80.51 and a 52-week high of $98.99.
Ansys (NASDAQ:ANSS) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.05. The firm earned $246.10 million during the quarter, compared to the consensus estimate of $244.84 million. Ansys had a net margin of 27.06% and a return on equity of 13.33%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. On average, equities research analysts predict that Ansys will post $3.62 EPS for the current fiscal year.
Ansys Company Profile
ANSYS, Inc develops and markets engineering simulation software and services used by engineers, designers and students across industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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