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    ANSS   US03662Q1058

ANSYS, INC.

(ANSS)
  Report
Delayed Nasdaq  -  04:00 2022-10-06 pm EDT
232.23 USD   -0.69%
09/22Berenberg Bank Adjusts ANSYS Price Target to $282 From $420, Maintains Buy Rating
MT
09/16Volatility is rife for Quadruple Witching Day
MS
09/16JPMorgan Reinstates ANSYS at Overweight, $275 Price Target
MT
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Ansys: 2Q Earnings Snapshot

08/05/2020 | 05:12pm EDT

CANONSBURG, Pa. (AP) _ Ansys Inc. (ANSS) on Wednesday reported second-quarter earnings of $96.6 million.

On a per-share basis, the Canonsburg, Pennsylvania-based company said it had net income of $1.11. Earnings, adjusted for one-time gains and costs, were $1.55 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.

The maker of engineering-simulation software posted revenue of $385.7 million in the period. Its adjusted revenue was $389.7 million, which also beat Street forecasts. Six analysts surveyed by Zacks expected $353.6 million.

For the current quarter ending in October, Ansys expects its per-share earnings to range from $1.10 to $1.34. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.42.

The company said it expects revenue in the range of $347 million to $377 million for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $376.7 million.

Ansys expects full-year earnings in the range of $5.75 to $6.35 per share, with revenue ranging from $1.57 billion to $1.65 billion.

Ansys shares have increased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $312.27, a climb of 64% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANSS at https://www.zacks.com/ap/ANSS

Automated Insights, source Associated Press News

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Analyst Recommendations on ANSYS, INC.
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Financials (USD)
Sales 2022 2 039 M - -
Net income 2022 465 M - -
Net Debt 2022 69,6 M - -
P/E ratio 2022 44,2x
Yield 2022 -
Capitalization 20 360 M 20 360 M -
EV / Sales 2022 10,0x
EV / Sales 2023 8,87x
Nbr of Employees 5 300
Free-Float 91,0%
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Technical analysis trends ANSYS, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 233,84 $
Average target price 305,50 $
Spread / Average Target 30,6%
EPS Revisions
Managers and Directors
Ajei S. Gopal President, Chief Executive Officer & Director
Nicole Anasenes Chief Financial Officer & Senior Vice President
Ronald W. Hovsepian Non-Executive Chairman
Prithviraj Banerjee Chief Technology Officer
Barbara Vaughn Scherer Independent Director
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