ANSYS (NASDAQ:ANSS - Get Free Report) is expected to post its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect ANSYS to post earnings of $3.97 per share and revenue of $864.46 million for the quarter.
ANSYS Trading Down 0.1 %
ANSYS stock traded down $0.24 during trading hours on Friday, reaching $338.93. 307,401 shares of the company's stock traded hands, compared to its average volume of 433,980. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11. ANSYS has a fifty-two week low of $289.82 and a fifty-two week high of $363.03. The firm has a market capitalization of $29.64 billion, a price-to-earnings ratio of 52.30, a PEG ratio of 3.61 and a beta of 1.12. The firm's 50 day moving average is $343.07 and its 200-day moving average is $331.61.
Analyst Ratings Changes
A number of research analysts have issued reports on ANSS shares. StockNews.com downgraded shares of ANSYS from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. Robert W. Baird upped their target price on shares of ANSYS from $350.00 to $365.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $346.67.
Read Our Latest Stock Analysis on ANSS
Insider Activity at ANSYS
In related news, Director Glenda Dorchak sold 200 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $336.62, for a total value of $67,324.00. Following the sale, the director now directly owns 3,430 shares in the company, valued at $1,154,606.60. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.46% of the stock is currently owned by corporate insiders.
About ANSYS
(
Get Free Report)
ANSYS, Inc develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.
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