ANSYS, Inc. with ticker code (ANSS) have now 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 400 and 303 and has a mean target at $340.31. Given that the stocks previous close was at $301.73 this would indicate that there is a potential upside of 12.8%. It’s also worth noting that there is a 50 day moving average of $315.45 while the 200 day moving average is $300.05. The company has a market capitalization of 26.18B. The current share price for the company is: 301.6 USD
The potential market cap would be $29,523,154,700 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 50.02, revenue per share of 24.99 and a 6.06% return on assets.
ANSYS, Inc. develops and globally markets engineering simulation software and services used by engineers, designers, researchers and students. The Company caters to a range of industries and academia, including high-tech, aerospace and defense, automotive, energy, industrial equipment, materials and chemicals, consumer products, healthcare, and construction. The Company’s solutions enable users to analyze designs on-premises and/or via the cloud, providing a common platform for product development, from design concept to final-stage testing, validation and deployment. The Company distributes its suite of simulation technologies through direct sales offices and a network of independent resellers and distributors. Its product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Semiconductors, Multiphysics, Embedded Software, Systems, Three-Dimensional (3D) Design, and Optical. Its structural analysis product offers simulation tools for product design and optimization.
