Dassault Systemes SA (OTCMKTS:DASTY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Dassault Systemes SA (OTCMKTS:DASTY) has earned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

Several research firms have issued reports on DASTY. The Goldman Sachs Group lowered Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a research note on Monday. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research note on Friday, February 20th. Rothschild & Co Redburn upgraded Dassault Systemes to a “hold” rating in a research note on Friday, January 9th. Finally, Kepler Capital Markets upgraded Dassault Systemes to a “strong-buy” rating in a research note on Thursday, February 19th.

Institutional Investors Weigh In On Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC raised its holdings in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,866 shares of the technology company’s stock after buying an additional 951 shares during the quarter. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent reporting period. 0.03% of the stock is owned by institutional investors.

Dassault Systemes Price Performance

DASTY opened at $22.09 on Monday. The business’s 50-day moving average is $20.81 and its two-hundred day moving average is $25.85. Dassault Systemes has a 1 year low of $18.99 and a 1 year high of $39.23. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.60 and a quick ratio of 1.60. The firm has a market capitalization of $29.64 billion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 6.11 and a beta of 1.01.

About Dassault Systemes

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.