Dassault Systemes (DASTY) Projected to Release Earnings on Thursday

Dassault Systemes (OTCMKTS:DASTY) will likely be issuing its results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.34 per share and revenue of $1.7712 billion for the quarter.

Dassault Systemes Trading Down 0.8%

Dassault Systemes stock opened at $20.54 on Wednesday. Dassault Systemes has a 52 week low of $18.99 and a 52 week high of $38.15. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a market capitalization of $27.56 billion, a price-to-earnings ratio of 19.38, a P/E/G ratio of 6.07 and a beta of 1.00. The company has a 50 day moving average price of $21.52 and a 200 day moving average price of $22.65.

Institutional Investors Weigh In On Dassault Systemes

An institutional investor recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC bought a new stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. 0.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DASTY. Zacks Research upgraded Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.