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.
Several price targets were given for ANSS by the analysts covering the stock. The most optimistic analyst gave a price target of 130, which equates to a potential upside of 1.22 percent. The most pessimistic price target was 88, which equates to a potential downside of -31.48 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -1.13 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.54 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of ANSS's earnings is estimated by analysts to be 14.11 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. 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's next earnings release will be on 0000-00-00, which is days away.