Headlines about ANSYS (NASDAQ:ANSS) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded 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 0.17 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 45.635005778754 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
ANSYS (NASDAQ:ANSS) traded down $1.06 during trading hours on Tuesday, reaching $145.33. The company had a trading volume of 440,058 shares, compared to its average volume of 550,279. The firm has a market cap of $12,420.00, a PE ratio of 41.75 and a beta of 1.06. ANSYS has a 1-year low of $91.89 and a 1-year high of $155.14.
ANSYS (NASDAQ:ANSS) last released its quarterly earnings results on Wednesday, November 1st. The software maker reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.10. The business had revenue of $276.77 million during the quarter, compared to analysts’ expectations of $263.77 million. ANSYS had a return on equity of 13.67% and a net margin of 26.01%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period last year, the firm posted $0.95 EPS. equities analysts forecast that ANSYS will post 3.57 EPS for the current year.
ANSS has been the subject of several research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of ANSYS in a research note on Friday, November 3rd. KeyCorp reiterated a “hold” rating on shares of ANSYS in a research note on Friday, September 29th. Robert W. Baird set a $130.00 target price on ANSYS and gave the stock a “buy” rating in a research note on Monday, August 28th. Wedbush reiterated a “neutral” rating and set a $129.19 target price (up from $114.00) on shares of ANSYS in a research note on Friday, September 15th. Finally, Berenberg Bank initiated coverage on ANSYS in a research note on Wednesday, August 23rd. They set a “hold” rating and a $123.00 target price for the company. 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 given a strong buy rating to the company’s stock. ANSYS presently has a consensus rating of “Hold” and a consensus target price of $128.91.
In other ANSYS news, VP Shane Emswiler sold 12,504 shares of ANSYS stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $151.96, for a total value of $1,900,107.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 18,504 shares of company stock valued at $2,808,608. 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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