ANSYS (ANSS) Scheduled to Post Earnings on Wednesday

ANSYS (NASDAQ:ANSS - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $1.88 per share for the quarter.

ANSYS (NASDAQ:ANSS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The software maker reported $2.50 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.58. The company had revenue of $594.14 million for the quarter, compared to analyst estimates of $550.30 million. ANSYS had a net margin of 21.30% and a return on equity of 11.51%. The company's revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 earnings per share. On average, analysts expect ANSYS to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

ANSYS Stock Performance

NASDAQ:ANSS traded up $1.44 during mid-day trading on Wednesday, hitting $329.85. 155,717 shares of the stock were exchanged, compared to its average volume of 522,854. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.95 and a current ratio of 2.95. The firm's 50-day simple moving average is $320.32 and its 200 day simple moving average is $321.53. ANSYS has a fifty-two week low of $258.01 and a fifty-two week high of $364.31. The stock has a market capitalization of $28.82 billion, a price-to-earnings ratio of 58.02, a price-to-earnings-growth ratio of 6.99 and a beta of 1.11.

Insider Buying and Selling at ANSYS

In other ANSYS news, Director Glenda Dorchak sold 152 shares of the stock in a transaction on Monday, October 7th. The shares were sold at an average price of $313.61, for a total transaction of $47,668.72. Following the completion of the sale, the director now owns 3,630 shares of the company's stock, valued at $1,138,404.30. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.46% of the company's stock.

Wall Street Analyst Weigh In

ANSS has been the topic of a number of recent analyst reports. StockNews.com upgraded ANSYS from a "hold" rating to a "buy" rating in a research report on Tuesday. Rosenblatt Securities dropped their target price on shares of ANSYS from $345.00 to $335.00 and set a "neutral" rating for the company in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $318.33.

ANSYS Company Profile

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.