Dassault Systemes SA (OTCMKTS:DASTY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Dassault Systemes SA (OTCMKTS:DASTY) have been assigned an average rating of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have recently commented on DASTY shares. Zacks Research cut shares of Dassault Systemes from a “hold” rating to a “strong sell” rating in a report on Friday, May 22nd. The Goldman Sachs Group cut shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Kepler Capital Markets raised shares of Dassault Systemes to a “strong-buy” rating in a report on Thursday, February 19th. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a report on Friday, February 20th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th.

Dassault Systemes Price Performance

Shares of OTCMKTS:DASTY opened at $22.99 on Tuesday. The company has a 50-day simple moving average of $22.08 and a 200-day simple moving average of $24.15. Dassault Systemes has a one year low of $18.99 and a one year high of $38.49. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market capitalization of $30.85 billion, a price-to-earnings ratio of 21.69, a PEG ratio of 6.26 and a beta of 1.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new position in shares of Dassault Systemes SA (OTCMKTS:DASTY) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

Dassault Systemes Company Profile

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.