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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?

ANSYS (ANSS) Stock Price, News & Analysis

$347.93
-1.91 (-0.55%)
(As of 03/27/2024 ET)
Today's Range
$345.02
$354.34
50-Day Range
$327.52
$349.84
52-Week Range
$258.01
$364.31
Volume
457,525 shs
Average Volume
799,619 shs
Market Capitalization
$30.28 billion
P/E Ratio
60.72
Dividend Yield
N/A
Price Target
$322.75

ANSYS MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.89 Rating Score
Upside/​Downside
7.2% Downside
$322.75 Price Target
Short Interest
Healthy
1.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.81mentions of ANSYS in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$69,136 Sold Last Quarter
Proj. Earnings Growth
7.09%
From $7.48 to $8.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.84 out of 5 stars

Computer And Technology Sector

195th out of 590 stocks

Prepackaged Software Industry

60th out of 196 stocks

ANSS stock logo

About ANSYS Stock (NASDAQ:ANSS)

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. The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software. In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

ANSS Stock Price History

ANSS Stock News Headlines

Xunlei (NASDAQ:XNET) & ANSYS (NASDAQ:ANSS) Financial Contrast
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Ansys Inc. - Registered Shares
StockNews.com Initiates Coverage on ANSYS (NASDAQ:ANSS)
Synopsys Stock Rises on Nvidia Announcements
4x Better than Bitcoin
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ANSS Apr 2024 360.000 call
ANSS Apr 2024 270.000 call
ANSS Jan 2026 450.000 call
Candymaker partners with Canonsburg based Ansys
ANSS Quantitative Stock Analysis
Ansys snags Hyundai for vehicle analysis contract
Analyst Ratings For Ansys
ANSS Mar 2024 260.000 put
ANSS Mar 2024 390.000 call
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
3/27/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:ANSS
CUSIP
03662Q10
Employees
6,200
Year Founded
1970

Price Target and Rating

Average Stock Price Target
$322.75
High Stock Price Target
$347.00
Low Stock Price Target
$290.00
Potential Upside/Downside
-7.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.89
Research Coverage
9 Analysts

Profitability

Net Income
$500.41 million
Pretax Margin
26.09%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$8.59 per share
Book Value
$62.05 per share

Miscellaneous

Free Float
86,557,000
Market Cap
$30.28 billion
Optionable
Optionable
Beta
1.16

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Should I Buy ANSYS Stock? ANSS Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of ANSYS was last updated on Monday, March 25, 2024 at 11:38 PM.

Pros

Here are some ways that investors could benefit from investing in ANSYS, Inc.:

  • ANSS stock price has shown consistent growth over the past year, indicating positive investor sentiment.
  • ANSYS, Inc. offers a wide range of engineering simulation software and services, catering to various industries and providing diversified revenue streams.
  • The company's focus on innovation and development of cutting-edge simulation technologies keeps it competitive in the market.
  • Strong presence in key global markets such as the United States, Japan, and Europe, ensuring a broad customer base and market reach.
  • Continuous expansion of product offerings, including the latest versions like Ansys Mechanical and Ansys Fluent, enhancing the company's market position and revenue potential.

Cons

Investors should be bearish about investing in ANSYS, Inc. for these reasons:

  • Market competition in the engineering simulation software industry is intense, leading to pricing pressures and potential margin squeezes.
  • Dependency on global economic conditions and capital expenditure trends, making the company susceptible to economic downturns.
  • Regulatory challenges and compliance requirements in different regions may impact the company's operations and profitability.
  • Fluctuations in demand for engineering simulation software and services based on industry cycles could affect ANSYS, Inc.'s financial performance.
  • Risks associated with technological advancements and rapid changes in customer preferences, requiring continuous investment in research and development to stay ahead.

ANSS Stock Analysis - Frequently Asked Questions

Should I buy or sell ANSYS stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ANSYS in the last year. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" ANSS shares.
View ANSS analyst ratings
or view top-rated stocks.

What is ANSYS's stock price target for 2024?

9 Wall Street analysts have issued 12-month price targets for ANSYS's shares. Their ANSS share price targets range from $290.00 to $347.00. On average, they expect the company's share price to reach $322.75 in the next year. This suggests that the stock has a possible downside of 7.2%.
View analysts price targets for ANSS
or view top-rated stocks among Wall Street analysts.

How have ANSS shares performed in 2024?

ANSYS's stock was trading at $362.88 at the beginning of 2024. Since then, ANSS stock has decreased by 4.1% and is now trading at $347.93.
View the best growth stocks for 2024 here
.

Are investors shorting ANSYS?

ANSYS saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,250,000 shares, an increase of 5.0% from the February 29th total of 1,190,000 shares. Based on an average trading volume of 887,200 shares, the short-interest ratio is currently 1.4 days. Currently, 1.4% of the shares of the company are short sold.
View ANSYS's Short Interest
.

When is ANSYS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ANSS earnings forecast
.

How were ANSYS's earnings last quarter?

ANSYS, Inc. (NASDAQ:ANSS) released its quarterly earnings results on Wednesday, February, 21st. The software maker reported $3.94 EPS for the quarter, topping the consensus estimate of $3.71 by $0.23. The software maker had revenue of $805.10 million for the quarter, compared to the consensus estimate of $797.49 million. ANSYS had a trailing twelve-month return on equity of 11.83% and a net margin of 22.05%. ANSYS's revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.61 earnings per share.

What is Ajei Gopal's approval rating as ANSYS's CEO?

250 employees have rated ANSYS Chief Executive Officer Ajei Gopal on Glassdoor.com. Ajei Gopal has an approval rating of 95% among the company's employees. This puts Ajei Gopal in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 88.0% of employees surveyed would recommend working at ANSYS to a friend.

What other stocks do shareholders of ANSYS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ANSYS investors own include NVIDIA (NVDA), Adobe (ADBE), Salesforce (CRM), Advanced Micro Devices (AMD), Mastercard (MA), Micron Technology (MU), Costco Wholesale (COST), Cisco Systems (CSCO), QUALCOMM (QCOM) and Intel (INTC).

Who are ANSYS's major shareholders?

ANSYS's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.70%), Vanguard Group Inc. (11.68%), Franklin Resources Inc. (1.74%), Wellington Management Group LLP (1.48%), Ownership Capital B.V. (1.26%) and Massachusetts Financial Services Co. MA (1.24%). Insiders that own company stock include Ajei Gopal, Alec D Gallimore, Barbara Vaughn Scherer, Glenda Dorchak, Janet Lee, Maria T Shields, Richard S Mahoney and Shane Emswiler.
View institutional ownership trends
.

How do I buy shares of ANSYS?

Shares of ANSS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does ANSYS have any subsidiaries?
The following companies are subsidiares of ANSYS: 2011767 Ontario Inc., 3DSIM, AGI, ANSYS Austria GmbH, ANSYS Belgium S.A., ANSYS Canada Limited, ANSYS France SAS, ANSYS Germany GmbH, ANSYS Hellas Single Member S.A., ANSYS Iberia S.L., ANSYS Ireland Ltd., ANSYS Italia S.r.l, ANSYS Japan K.K., ANSYS Korea LLC, ANSYS Lumerical IP LLC, ANSYS Lumerical Software ULC, ANSYS Luxembourg Holding Company S.à.r.l., ANSYS Luxembourg S.à.r.l., ANSYS OOO, ANSYS Poland s p.z.o.o, ANSYS Singapore Pte. Ltd., ANSYS Software Ltd., ANSYS Software Private Limited, ANSYS Sweden AB, ANSYS Switzerland GmbH, ANSYS Technology (Shanghai) Co. Ltd., ANSYS UK Limited, Analytical Graphics, Analytical Graphics Asia Pacific Private Ltd., Analytical Graphics Inc., Ansoft Corporation, Ansys Fluent Inc., Ansys International LLC, Apache Design Solutions, Apache Science and Technology (Shanghai) Co. Ltd., CADOE, CFX, Century Dynamics, Computational Engineering International Inc, Computational Engineering International Inc., DYNARDO (Dynamic Software and Engineering) GmbH, Delcross Technologies, DfR Solutions, Dynardo, Esterel Technologies, Evolutionary Engineering AG, Fluent China Holdings Limited, Fluent Software (Shanghai) Co. Limited, Gear Design Solutions, Granta Design, Granta Design Limited, Helic, ICEM CFD Engineering, KPIT medini Technologies AG, Livermore Software Technology Corporation, Livermore Software Technology LLC, Lumerical, Lumerical Taiwan Inc., Matterhorn Merger Sub GmbH, Motor Design Ltd, Newmerical Technologies International, OPTIS CN Limited, OPTIS Hong Kong Limited, OPTIS Korea Co. Ltd., OnScale, Optis World, Phoenix Integration, Phoenix Integration Inc., Profitek, Reaction Design, SpaceClaim, Taiwan ANSYS Technologies Co., Virtual Motion LLC, Zemax, Zemax Europe Holdings LLC, Zemax Europe Limited, Zemax Germany GmbH, Zemax Japan K.K., Zemax LLC, Zemax Optical Technology Consulting (Shanghai) Co. Ltd, Zemax Taiwan LLC, Zillow TopCo Inc., and desktop.studio GmbH.
Read More
This page (NASDAQ:ANSS) was last updated on 3/28/2024 by MarketBeat.com Staff

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