Stock To Watch: ANSYS, Inc. (NASDAQ:ANSS)


The leading market experts have placed a mean price target of $93.89 on ANSYS, Inc. (NASDAQ:ANSS) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.01 a share for the upcoming quarter and $3.63 for the current fiscal.

Technical View

The technical analysis of ANSYS, Inc. plainly substantiates that the 50-day moving average of ANSYS, Inc. is $94.39, and stock is trading $0.56 points away or +0.59% from its 50-day moving average of $94.39. Further it is trading $5.18 or +5.77% away its 200-day moving average of $89.77. ANSYS, Inc. (NASDAQ:ANSS) 52-week high is $98.99 and the 52-week low is $80.51.

This explains if the stock moves $-4.04, it will post a 52-week high. In event of +17.94% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of ANSYS, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ANSYS, Inc. (NASDAQ:ANSS) ratio came in at 32.96.

The stock last ended the trading session at $94.95 and registered a market cap of $8.28B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ANSYS, Inc. (NASDAQ:ANSS) PEG ratio is at 2.62.

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