ANSYS, Inc. Share Price Target ‘$331.02’, now -7.5% Downside Potential

Broker Ratings
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ANSYS, Inc. which can be found using ticker (ANSS) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $392.00 and $290.00 and has a mean share price target at $331.02. (at the time of writing). Given that the stocks previous close was at $357.79 this indicates there is a potential downside of -7.5%. It’s also worth noting that there is a 50 day moving average of $309.44 and the 200 day MA is $311.85. The market capitalization for the company is 30.10B. The current stock price for Microsoft Corporation is currently $346.48 USD

The potential market cap would be $27,847,617,902 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 62.54, 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.

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