At the time of writing, Ansys Inc [ANSS] stock is trading at $310.45, down -3.26%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ANSS shares have lost -3.61% over the last week, with a monthly amount drifted -5.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ansys Inc [NASDAQ: ANSS] stock has seen the most recent analyst activity on November 14, 2023, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $295 from $356. Previously, Robert W. Baird upgraded its rating to Outperform on December 14, 2022, and elevated its price target to $295. On October 24, 2022, upgrade upgraded it’s rating to Buy and revised its price target to $270 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $275 on September 16, 2022. Wolfe Research initiated its recommendation with a Outperform and recommended $320 as its price target on August 17, 2022. Oppenheimer started tracking with a Outperform rating for this stock on July 27, 2022, and assigned it a price target of $285. In a note dated March 29, 2022, Mizuho initiated an Neutral rating and provided a target price of $310 on this stock.
For the past year, the stock price of Ansys Inc fluctuated between $289.82 and $363.03. Currently, Wall Street analysts expect the stock to reach $359.6 within the next 12 months. Ansys Inc [NASDAQ: ANSS] shares were valued at $310.45 at the most recent close of the market. An investor can expect a potential return of 15.83% based on the average ANSS price forecast.
Analyzing the ANSS fundamentals
According to Ansys Inc [NASDAQ:ANSS], the company’s sales were 2.54B for trailing twelve months, which represents an 9.57% jump. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.1 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 307.49 points at the first support level, and at 304.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 313.75, and for the 2nd resistance point, it is at 317.04.
Ratios To Look Out For
It is important to note that Ansys Inc [NASDAQ:ANSS] has a current ratio of 3.01. Further, the Quick Ratio stands at 3.01, while the Cash Ratio is 1.54. Considering the valuation of this stock, the price to sales ratio is 10.69, the price to book ratio is 4.46 and price to earnings (TTM) ratio is 47.44.
Transactions by insiders
Recent insider trading involved Dorchak Glenda, Director, that happened on Jan 13 ’25 when 200.0 shares were sold. Director, GLENDA DORCHAK completed a deal on Jan 13 ’25 to buy 200.0 shares. Meanwhile, Director Dorchak Glenda sold 152.0 shares on Oct 07 ’24.
