ANSYS, Inc. which can be found using ticker (ANSS) have now 14 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 with the average target price sitting at $315.57. Given that the stocks previous close was at $297.23 this would imply there is now a potential upside of 6.2%. Also worth taking note is the 50 day moving average now sits at $292.08 and the 200 moving average now moves to $308.37. The total market capitalization for the company now stands at 25.66B. The stock price is currently at: $295.33 USD
The potential market cap would be $27,239,206,411 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 53.41, 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.
