News articles about ANSYS (NASDAQ:ANSS) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ANSYS earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 45.9888724317801 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of ANSYS (ANSS) traded up $1.43 during midday trading on Friday, hitting $151.91. 571,787 shares of the stock were exchanged, compared to its average volume of 472,710. The company has a market capitalization of $12,890.00, a PE ratio of 43.40 and a beta of 1.05. ANSYS has a 52 week low of $91.89 and a 52 week high of $155.14.
ANSYS (NASDAQ:ANSS) last announced its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. The company had revenue of $276.77 million for the quarter, compared to analysts’ expectations of $263.77 million. ANSYS had a net margin of 26.01% and a return on equity of 13.67%. The business’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period last year, the firm posted $0.95 earnings per share. research analysts expect that ANSYS will post 3.57 earnings per share for the current fiscal year.
ANSS has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of ANSYS from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Robert W. Baird reaffirmed an “outperform” rating and set a $155.00 target price (up previously from $130.00) on shares of ANSYS in a report on Friday, November 3rd. Royal Bank Of Canada lifted their target price on shares of ANSYS from $130.00 to $147.00 and gave the stock a “sector perform” rating in a report on Friday, November 3rd. Citigroup Inc. initiated coverage on shares of ANSYS in a report on Friday, September 22nd. They set a “neutral” rating and a $125.00 target price for the company. Finally, Wedbush reaffirmed a “neutral” rating and set a $114.00 target price (down previously from $136.00) on shares of ANSYS in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $128.91.
In other ANSYS news, Director Barbara Vaughn Scherer sold 1,000 shares of ANSYS stock in a transaction on Monday, November 13th. The shares were sold at an average price of $150.00, for a total value of $150,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Shane Emswiler sold 12,504 shares of ANSYS stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $151.96, for a total transaction of $1,900,107.84. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.
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ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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