A share price of Ansys Inc [ANSS] is currently trading at $374.52, up 2.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The ANSS shares have gain 6.03% over the last week, with a monthly amount glided 9.46%, and 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.
Ansys Inc experienced fluctuations in its stock price throughout the past year between $275.06 and $369.25. Currently, Wall Street analysts expect the stock to reach $359.6 within the next 12 months. Ansys Inc [NASDAQ: ANSS] shares were valued at $374.52 at the most recent close of the market. An investor can expect a potential drop of -3.98% based on the average ANSS price forecast.
Analyzing the ANSS fundamentals
Trailing Twelve Months sales for Ansys Inc [NASDAQ:ANSS] were 2.58B which represents 8.21% growth. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.29%, 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 367.92 points at the first support level, and at 361.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 377.95, and for the 2nd resistance point, it is at 381.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ansys Inc [NASDAQ:ANSS] is 3.66. On the other hand, the Quick Ratio is 3.66, and the Cash Ratio is 2.26. Considering the valuation of this stock, the price to sales ratio is 12.75, the price to book ratio is 5.33 and price to earnings (TTM) ratio is 55.60.
Transactions by insiders
Recent insider trading involved Dorchak Glenda, Director, that happened on Apr 14 ’25 when 200.0 shares were sold. Director, GLENDA DORCHAK completed a deal on Apr 14 ’25 to buy 200.0 shares. Meanwhile, Director Dorchak Glenda sold 200.0 shares on Jan 13 ’25.
