The price-to-earnings ratio for Ansys Inc. (NASDAQ: ANSS) is above average at 54.80x. The 36-month beta value for ANSS is also noteworthy at 1.15. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 13 rating it as “hold,” and 2 rating it as “sell.”
The public float for ANSS is 86.92M, and at present, short sellers hold a 1.42% of that float. The average trading volume of ANSS on May 02, 2024 was 467.05K shares.
ANSS) stock’s latest price update
Ansys Inc. (NASDAQ: ANSS) has experienced a decline in its stock price by -2.46 compared to its previous closing price of 321.48. However, the company has seen a fall of -4.12% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-02 that ANSYS’ (ANSS) first-quarter sales register a year-over-year decline of 8%. Management continues to expect the deal with Synopsys to close in the first half of 2025.
ANSS’s Market Performance
Ansys Inc. (ANSS) has seen a -4.12% fall in stock performance for the week, with a -9.57% decline in the past month and a -5.74% plunge in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are at 1.79% for ANSS. The simple moving average for the past 20 days is -5.39% for ANSS’s stock, with a -1.37% simple moving average for the past 200 days.
Analysts’ Opinion of ANSS
Many brokerage firms have already submitted their reports for ANSS stocks, with BofA Securities repeating the rating for ANSS by listing it as a “Underperform.” The predicted price for ANSS in the upcoming period, according to BofA Securities is $295 based on the research report published on November 14, 2023 of the previous year 2023.
Robert W. Baird, on the other hand, stated in their research note that they expect to see ANSS reach a price target of $295, previously predicting the price at $281. The rating they have provided for ANSS stocks is “Outperform” according to the report published on December 14th, 2022.
Rosenblatt gave a rating of “Buy” to ANSS, setting the target price at $270 in the report published on October 24th of the previous year.
ANSS Trading at -6.72% from the 50-Day Moving Average
After a stumble in the market that brought ANSS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.93% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -8.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.63% lower at present.
During the last 5 trading sessions, ANSS fell by -4.17%, which changed the moving average for the period of 200-days by -10.20% in comparison to the 20-day moving average, which settled at $330.06. In addition, Ansys Inc. saw -13.59% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ANSS starting from Dorchak Glenda, who sale 150 shares at the price of $342.08 back on Apr 08 ’24. After this action, Dorchak Glenda now owns 3,049 shares of Ansys Inc., valued at $51,312 using the latest closing price.
Dorchak Glenda, the Director of Ansys Inc., sale 200 shares at $345.68 during a trade that took place back on Jan 08 ’24, which means that Dorchak Glenda is holding 3,199 shares at $69,136 based on the most recent closing price.
Stock Fundamentals for ANSS
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.88 for the gross margin
The net margin for Ansys Inc. stands at 0.2. The total capital return value is set at 0.12. Equity return is now at value 9.76, with 7.14 for asset returns.
Based on Ansys Inc. (ANSS), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.85. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 22.56.
Currently, EBITDA for the company is 778.0 million with net debt to EBITDA at -0.34. When we switch over and look at the enterprise to sales, we see a ratio of 12.25. The receivables turnover for the company is 2.45for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.
Conclusion
In summary, Ansys Inc. (ANSS) has had a bad performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
