News coverage about ANSYS (NASDAQ:ANSS) has trended positive recently, AlphaOne reports. AlphaOne, a unit of Accern, identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ANSYS earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave news articles about the software maker an impact score of 71 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the next several days.
A number of equities research analysts recently commented on the stock. Evercore ISI set a $113.00 target price on shares of ANSYS and gave the company a “hold” rating in a research report on Saturday, June 10th. BidaskClub cut shares of ANSYS from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 9th. Wedbush decreased their target price on shares of ANSYS from $114.00 to $101.00 and set a “neutral” rating for the company in a research report on Monday, May 15th. Robert W. Baird reissued an “outperform” rating and set a $110.00 target price on shares of ANSYS in a research report on Tuesday, February 28th. Finally, Barclays PLC reaffirmed an “underweight” rating and issued a $115.00 price target (up previously from $96.00) on shares of ANSYS in a report on Friday, May 5th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $104.86.
ANSYS (NASDAQ:ANSS) traded up 0.55% during mid-day trading on Friday, hitting $121.75. 17,613,441 shares of the stock were exchanged. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 39.36 and a beta of 1.07. ANSYS has a 52-week low of $82.28 and a 52-week high of $129.85. The company has a 50 day moving average price of $121.78 and a 200 day moving average price of $105.44.
ANSYS (NASDAQ:ANSS) last announced its quarterly earnings data on Wednesday, May 3rd. The software maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.04. The company had revenue of $253.41 million for the quarter, compared to analysts’ expectations of $241.52 million. ANSYS had a net margin of 26.82% and a return on equity of 13.81%. On average, analysts anticipate that ANSYS will post $3.78 EPS for the current year.
In other ANSYS news, Director Patrick J. Zilvitis sold 2,000 shares of the business’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $124.00, for a total value of $248,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Sheila S. Dinardo sold 4,856 shares of the business’s stock in a transaction on Monday, April 17th. The shares were sold at an average price of $105.17, for a total transaction of $510,705.52. Following the completion of the transaction, the vice president now directly owns 8,842 shares in the company, valued at $929,913.14. The disclosure for this sale can be found here. Insiders sold a total of 22,932 shares of company stock worth $1,386,704 over the last three months. 1.30% of the stock is currently owned by corporate insiders.
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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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