$0.89 EPS Expected for ANSYS, Inc. (ANSS)

October 7, 2017 - By Marguerite Chambers

 $0.89 EPS Expected for ANSYS, Inc. (ANSS)
Investors sentiment increased to 1.18 in Q2 2017. Its up 0.28, from 0.9 in 2017Q1. It improved, as 20 investors sold ANSYS, Inc. shares while 150 reduced holdings. 84 funds opened positions while 117 raised stakes. 80.72 million shares or 1.44% less from 81.90 million shares in 2017Q1 were reported.
9,148 were reported by Balyasny Asset Management Limited Liability Corp. Deutsche Bancorporation Ag has 0.02% invested in ANSYS, Inc. (NASDAQ:ANSS). Secor Cap Advsrs Ltd Partnership holds 0.45% or 40,854 shares. Contravisory Investment has invested 2.39% in ANSYS, Inc. (NASDAQ:ANSS). Profund Advsrs Ltd Company stated it has 0.02% in ANSYS, Inc. (NASDAQ:ANSS). The Virginia-based Sands Cap Ltd Liability Corporation has invested 0.02% in ANSYS, Inc. (NASDAQ:ANSS). The New York-based Global X Company Limited Liability Corporation has invested 0.01% in ANSYS, Inc. (NASDAQ:ANSS). Qs Investors Ltd Com holds 2,708 shares or 0% of its portfolio. Neuberger Berman Gru Ltd holds 414,743 shares or 0.06% of its portfolio. M&T State Bank Corporation accumulated 8,574 shares. Federated Invsts Pa accumulated 1,429 shares or 0% of the stock. California State Teachers Retirement Sys invested 0.04% in ANSYS, Inc. (NASDAQ:ANSS). Texas Permanent School Fund, Texas-based fund reported 29,522 shares. Swiss Bank & Trust has invested 0.07% in ANSYS, Inc. (NASDAQ:ANSS). Riverhead Cap Mngmt Ltd Liability reported 1,118 shares stake.

Since May 5, 2017, it had 0 insider buys, and 3 sales for $875,971 activity. On Tuesday, May 23 ZILVITIS PATRICK J sold $248,000 worth of ANSYS, Inc. (NASDAQ:ANSS) or 2,000 shares. ABU-HADBA WALID sold $33,011 worth of stock.

Investors wait ANSYS, Inc. (NASDAQ:ANSS) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.89 earnings per share, up $0.01 or 1.14 % from last year’s $0.88 same quarter earnings. This translates into $75.90M profit for ANSS giving the stock a 35.41 P/E. This is assuming the current $0.89 EPS is accurate. ANSYS, Inc.’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.89 EPS reproted in the previous quarter, The stock increased 0.65% or $0.82 on October 6, reaching $126.06. About 442,758 shares traded. ANSYS, Inc. (NASDAQ:ANSS) has risen 43.75% since October 8, 2016 and is uptrending. It has outperformed by 27.05% the S&P500.

ANSYS, Inc. (NASDAQ:ANSS) Ratings Coverage

Among 15 analysts covering Ansys Inc. (NASDAQ:ANSS), 2 have Buy rating, 2 Sell and 11 Hold. Therefore 13% are positive. Ansys Inc. had 29 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, September 15 by Needham. The rating was maintained by Evercore on Friday, June 9 with “Hold”. On Sunday, September 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Buy” rating on Monday, August 28 by Robert W. Baird. The stock of ANSYS, Inc. (NASDAQ:ANSS) earned “Hold” rating by RBC Capital Markets on Thursday, August 3. The firm earned “Hold” rating on Wednesday, August 23 by Berenberg. Pacific Crest initiated ANSYS, Inc. (NASDAQ:ANSS) on Thursday, October 8 with “Equal Weight” rating. The stock of ANSYS, Inc. (NASDAQ:ANSS) earned “Hold” rating by Benchmark on Friday, November 4. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Thursday, October 8 report. On Tuesday, February 9 the stock rating was initiated by Mitsubishi UFJ with “Overweight”.

ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors. The company has market cap of $10.75 billion. The Firm focuses on the development of open and flexible solutions that enable users to analyze creates directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. It has a 40.54 P/E ratio. The Firm distributes its ANSYS suite of simulation technologies through a network of independent resellers and distributors, and direct sales offices in various locations.

More recent ANSYS, Inc. (NASDAQ:ANSS) news were published by: Prnewswire.com which released: “Intel Custom Foundry Certifies ANSYS Simulation Tools for New 22 Nanometer …” on September 19, 2017. Also Seekingalpha.com published the news titled: “Ansys slips after analyst day forecast for lower margins” on September 15, 2017. Prnewswire.com‘s news article titled: “TSMC and ANSYS Enable Automotive Reliability Solutions” with publication date: September 14, 2017 was also an interesting one.

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