S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

ANSYS (ANSS) Stock Price, News & Analysis

$328.16
-6.04 (-1.81%)
(As of 04/15/2024 ET)
Today's Range
$327.25
$338.31
50-Day Range
$327.52
$349.84
52-Week Range
$258.01
$364.31
Volume
310,841 shs
Average Volume
731,430 shs
Market Capitalization
$28.65 billion
P/E Ratio
57.27
Dividend Yield
N/A
Price Target
$322.75

ANSYS MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.89 Rating Score
Upside/​Downside
1.6% Downside
$322.75 Price Target
Short Interest
Healthy
1.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.61
Upright™ Environmental Score
News Sentiment
0.79mentions of ANSYS in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$51,312 Sold Last Quarter
Proj. Earnings Growth
8.04%
From $7.34 to $7.93 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.

3.42 out of 5 stars

Computer And Technology Sector

242nd out of 594 stocks

Prepackaged Software Industry

73rd out of 197 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

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ANSYS, Inc. (NASDAQ:ANSS) Short Interest Up 19.2% in March
Ansys launches ChatGPT-powered virtual assistant
Forget Nvidia, buy this A.I. Stock Now
Forget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.
Ansys Inc. - Registered Shares
Synopsys Stock Rises on Nvidia Announcements
ANSS Apr 2024 360.000 call
ANSS Apr 2024 270.000 call
ANSS Jan 2026 450.000 call
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/16/2024
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
-1.6%
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
$8.43 per share
Book Value
$62.05 per share

Miscellaneous

Free Float
86,837,000
Market Cap
$28.65 billion
Optionable
Optionable
Beta
1.16

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Should I Buy ANSYS Stock? ANSS Pros and Cons Explained

Pros

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

  • ANSYS, Inc. offers a diverse range of engineering simulation software and services catering to various industries globally, providing a wide market reach and potential for growth.
  • The company's focus on continuous innovation and development of advanced simulation tools, such as Ansys Fluent computational fluid dynamics software package, keeps it competitive in the market and attracts tech-savvy investors.
  • Recent financial reports indicate a steady revenue growth trajectory for ANSYS, Inc., reflecting a strong financial performance and stability, which can be appealing to risk-averse investors.
  • With a strong presence in key markets like the United States, Japan, and Europe, ANSYS, Inc. has established a solid foundation for expansion and market penetration, offering investors exposure to diverse economies.
  • Investors may find the current stock price of ANSYS, Inc. attractive, considering the company's growth potential and market positioning, making it a potentially lucrative investment opportunity.

Cons

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

  • Fluctuations in the prepackaged software industry, where ANSYS, Inc. operates, can impact the company's financial performance and stock value, posing a risk to investors sensitive to market volatility.
  • Intense competition in the application software subindustry may challenge ANSYS, Inc.'s market share and profitability, potentially affecting investor confidence in the company's long-term growth prospects.
  • Economic uncertainties in regions where ANSYS, Inc. operates, such as Europe and Asia, could introduce geopolitical risks that may impact the company's operations and financial results, leading to concerns among investors.
  • Investors should consider the potential impact of regulatory changes in the software industry on ANSYS, Inc.'s business model and revenue streams, as compliance costs and legal challenges could affect the company's bottom line and shareholder returns.
  • While ANSYS, Inc. has a strong product portfolio, rapid technological advancements in the engineering simulation sector may require continuous investments in research and development to stay ahead of competitors, potentially impacting short-term profitability and investor expectations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these ANSYS pros and cons to contact@marketbeat.com.

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 brokerages have issued 1-year price targets for ANSYS's stock. Their ANSS share price targets range from $290.00 to $347.00. On average, they anticipate the company's share price to reach $322.75 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
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 the year. Since then, ANSS stock has decreased by 9.6% and is now trading at $328.16.
View the best growth stocks for 2024 here
.

Are investors shorting ANSYS?

ANSYS saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,490,000 shares, an increase of 19.2% from the March 15th total of 1,250,000 shares. Based on an average daily trading volume, of 738,000 shares, the short-interest ratio is presently 2.0 days. Approximately 1.7% of the shares of the stock 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) issued its earnings results on Wednesday, February, 21st. The software maker reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.71 by $0.23. The software maker earned $805.10 million during the quarter, compared to analysts' expectations of $797.49 million. ANSYS had a net margin of 22.05% and a trailing twelve-month return on equity of 11.83%. The business's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.61 EPS.

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 number of institutional and retail investors. Top institutional investors include Westwind Capital (0.06%), Perpetual Ltd (0.06%), Los Angeles Capital Management LLC (0.05%), Fort Pitt Capital Group LLC (0.03%), Czech National Bank (0.02%) and Gulf International Bank UK Ltd (0.01%). 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.
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This page (NASDAQ:ANSS) was last updated on 4/16/2024 by MarketBeat.com Staff

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