ANSYS, Inc. with ticker code (ANSS) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $392.00 and $260.00 calculating the mean target price we have $311.00. Given that the stocks previous close was at $295.47 this would imply there is now a potential upside of 5.3%. Also worth taking note is the 50 day moving average now sits at $289.92 and the 200 day MA is $308.89. The market cap for the company is 25.84B. The stock price for the company is currently is currently $297.45 USD
The potential market cap would be $27,198,491,912 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 53.79, revenue per share of $24.85 and a 5.49% 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.
