ANSYS (ANSS) Getting Somewhat Positive News Coverage, Report Shows
News coverage about ANSYS (NASDAQ:ANSS) has trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ANSYS earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 46.7233655306995 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Analysts Anticipate ANSYS, Inc. (ANSS) Will Announce Earnings of $0.88 Per Share (americanbankingnews.com)
- ANSYS, Inc. (NASDAQ:ANSS) Experiences Lighter than Average Trading Volume (highlightpress.com)
- ANSYS, Inc. (ANSS) Upgraded by BidaskClub to “Strong-Buy” (americanbankingnews.com)
- Edited Transcript of ANSS earnings conference call or presentation 3-Aug-17 12:30pm GMT (finance.yahoo.com)
- ANSYS, Inc. breached its 50 day moving average in a Bearish Manner : ANSS-US : August 4, 2017 (finance.yahoo.com)
ANSYS (NASDAQ:ANSS) opened at 122.71 on Friday. The company has a market cap of $10.40 billion, a PE ratio of 39.43 and a beta of 1.10. The company has a 50-day moving average price of $124.47 and a 200 day moving average price of $113.68. ANSYS has a 52 week low of $82.28 and a 52 week high of $131.63.
ANSYS (NASDAQ:ANSS) last announced its earnings results on Wednesday, August 2nd. The software maker reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.07. The company had revenue of $264.30 million for the quarter, compared to analyst estimates of $259.75 million. ANSYS had a return on equity of 13.87% and a net margin of 26.37%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 earnings per share. On average, equities research analysts forecast that ANSYS will post $3.86 EPS for the current fiscal year.
Several brokerages have recently weighed in on ANSS. BidaskClub upgraded ANSYS from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Goldman Sachs Group, Inc. (The) began coverage on ANSYS in a report on Monday, July 17th. They issued a “neutral” rating and a $112.00 price target on the stock. Evercore ISI set a $113.00 price target on ANSYS and gave the stock a “hold” rating in a report on Saturday, June 10th. Zacks Investment Research upgraded ANSYS from a “sell” rating to a “hold” rating in a report on Monday. Finally, Barclays PLC reiterated an “underweight” rating and issued a $115.00 price target (up from $96.00) on shares of ANSYS in a report on Friday, May 5th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $105.75.
In other ANSYS news, Director Michael Thurk sold 4,800 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $123.95, for a total value of $594,960.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Patrick J. Zilvitis sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $124.00, for a total value of $248,000.00. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.
ANSYS Company Profile
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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