ANSYS (ANSS) Set to Announce Earnings on Wednesday

ANSYS (NASDAQ:ANSS) will release its earnings data after the market closes on Wednesday, February 21st. Analysts expect ANSYS to post earnings of $1.03 per share for the quarter.

ANSYS (NASDAQ:ANSS) opened at $154.20 on Wednesday. The firm has a market cap of $13,050.00, a PE ratio of 48.49 and a beta of 1.07. ANSYS has a 1-year low of $96.68 and a 1-year high of $164.90.

In related news, CFO Maria T. Shields sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $162.52, for a total value of $4,063,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Richard S. Mahoney sold 8,527 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $17.84, for a total transaction of $152,121.68. The disclosure for this sale can be found here. Insiders sold 38,527 shares of company stock worth $4,973,622 in the last 90 days. 1.30% of the stock is currently owned by insiders.

Several brokerages have recently weighed in on ANSS. BidaskClub upgraded shares of ANSYS from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 7th. Berenberg Bank upgraded shares of ANSYS from a “hold” rating to a “buy” rating and set a $123.00 price objective on the stock in a report on Tuesday, January 30th. Zacks Investment Research lowered shares of ANSYS from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Needham & Company LLC restated a “hold” rating on shares of ANSYS in a report on Friday, November 3rd. Finally, Citigroup raised their price target on shares of ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $128.91.

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About ANSYS

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.

Earnings History for ANSYS (NASDAQ:ANSS)

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