Dassault Systèmes SE (OTCMKTS:DASTY) Given Consensus Rating of “Hold” by Brokerages

Shares of Dassault Systèmes SE (OTCMKTS:DASTYGet Rating) have received an average rating of “Hold” from the fifteen analysts that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $51.00.

A number of equities analysts recently weighed in on the stock. UBS Group upgraded shares of Dassault Systèmes from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 9th. Berenberg Bank started coverage on shares of Dassault Systèmes in a report on Friday, February 18th. They issued a “buy” rating on the stock. Bryan, Garnier & Co lowered shares of Dassault Systèmes from a “buy” rating to a “neutral” rating and set a €49.00 ($53.26) target price on the stock. in a report on Friday, March 25th. Zacks Investment Research lowered shares of Dassault Systèmes from a “hold” rating to a “sell” rating in a report on Tuesday, February 8th. Finally, Societe Generale upgraded shares of Dassault Systèmes from a “hold” rating to a “buy” rating in a report on Friday, February 4th.

Several hedge funds have recently modified their holdings of the company. Sustainable Growth Advisers LP lifted its holdings in shares of Dassault Systèmes by 400.0% in the 3rd quarter. Sustainable Growth Advisers LP now owns 210,015 shares of the technology company’s stock worth $11,067,000 after acquiring an additional 168,012 shares during the last quarter. Boston Common Asset Management LLC lifted its holdings in shares of Dassault Systèmes by 374.2% in the 3rd quarter. Boston Common Asset Management LLC now owns 72,162 shares of the technology company’s stock worth $3,802,000 after acquiring an additional 56,945 shares during the last quarter. Sky Investment Group LLC lifted its holdings in shares of Dassault Systèmes by 383.7% in the 3rd quarter. Sky Investment Group LLC now owns 47,500 shares of the technology company’s stock worth $2,503,000 after acquiring an additional 37,680 shares during the last quarter. Henry James International Management Inc. lifted its holdings in shares of Dassault Systèmes by 6.9% in the 4th quarter. Henry James International Management Inc. now owns 25,932 shares of the technology company’s stock worth $1,548,000 after acquiring an additional 1,685 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Dassault Systèmes by 394.7% in the 3rd quarter. Captrust Financial Advisors now owns 23,709 shares of the technology company’s stock worth $1,249,000 after acquiring an additional 18,916 shares during the last quarter. Hedge funds and other institutional investors own 0.20% of the company’s stock.

DASTY opened at $43.75 on Friday. The firm has a market capitalization of $58.51 billion, a PE ratio of 61.79, a PEG ratio of 4.09 and a beta of 0.90. Dassault Systèmes has a twelve month low of $43.29 and a twelve month high of $64.00. The firm’s 50-day moving average price is $47.40 and its 200 day moving average price is $53.11. The company has a current ratio of 1.36, a quick ratio of 1.39 and a debt-to-equity ratio of 0.48.

Dassault Systèmes (OTCMKTS:DASTYGet Rating) last posted its quarterly earnings results on Thursday, February 3rd. The technology company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.54 billion. Dassault Systèmes had a return on equity of 18.25% and a net margin of 15.91%. As a group, analysts predict that Dassault Systèmes will post 1.05 earnings per share for the current fiscal year.

Dassault Systèmes Company Profile (Get Rating)

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS design software for 3D design, electrical and printed circuit board design, product data management, simulation, manufacturing, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for modeling and simulating the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences.

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Analyst Recommendations for Dassault Systèmes (OTCMKTS:DASTY)

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