Analyst Ratings for Ansys Inc. (ANSS)Updated: 2017-07-29
An average rating of Hold has been given to Ansys Inc. (NASDAQ:ANSS) by analysts covering the stock. ANSS had previously received a consensus rating of Hold a month ago.
1 analysts declared ANSS a buy, 1 issued an overweight rating, 12 gave a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
ANSS was given price targets by several analysts. The maximum price target given was 130, which equates to a potential upside of 1.22 percent. The minimum price target given was 88, which equates to a potential downside of -31.48 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.13 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.54 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
ANSS has an estimated earnings growth rate of 14.11 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ANSS has a PEG ratio of 2.95.
In the last 52-weeks, ANSS has achieved a high of 129.85 and a low of 82.28. Today's price is 56.09 percent above the 52-week low, and 1.09 percent lower than its 52-week high. ANSS has a P/E ratio of 41.56. Investors typically compare the P/E ratio to a company's peers in the industry. The ANSS value stock report compares ANSS to some of its peers using value stock charts. The market cap of ANSS is $10.91 billion. ANSS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.