Dassault Systemes (DASTY) Posts Quarterly Results
Dassault Systemes (NASDAQ:DASTY) announced its earnings results on Thursday. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.62, ARN reports.
Shares of Dassault Systemes (NASDAQ:DASTY) traded up 4.31% during mid-day trading on Thursday, hitting $66.50. The stock had a trading volume of 23,803 shares. Dassault Systemes has a 52-week low of $54.25 and a 52-week high of $67.61. The stock’s 50-day moving average is $64.16 and its 200-day moving average is $60.62. The company has a market cap of $16.625 billion and a P/E ratio of 36.26.
On the ratings front, analysts at Oddo & Cie upgraded shares of Dassault Systemes from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Dassault Systemes currently has an average rating of “Buy”.
Dassault Systemes SA, along with its subsidiaries, develops three-dimensional (NASDAQ:DASTY) and Product Lifecycle Management (PLM) software solutions powered by 3D representation.
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