ANSYS (ANSS) to Release Earnings on Wednesday

ANSYS (NASDAQ:ANSS) is anticipated 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 Stock Down 0.2 %

NASDAQ ANSS opened at $341.43 on Wednesday. ANSYS has a twelve month low of $289.82 and a twelve month high of $363.03. The stock has a market cap of $29.86 billion, a PE ratio of 52.69, a PEG ratio of 3.61 and a beta of 1.12. The firm has a 50-day simple moving average of $344.04 and a 200 day simple moving average of $331.13. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.11 and a current ratio of 3.11.

Insider Buying and Selling at ANSYS

In other news, Director Glenda Dorchak sold 200 shares of the business’s stock in a transaction 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 owns 3,430 shares in the company, valued at approximately $1,154,606.60. The trade was a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ANSS shares. Robert W. Baird upped their target price on ANSYS from $350.00 to $365.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. StockNews.com lowered shares of ANSYS from a “buy” rating to a “hold” rating in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, ANSYS presently has an average rating of “Hold” and a consensus price target of $346.67.

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.