On 12/22/23, ANSYS Inc (NASDAQ: ANSS) stock enjoyed a major increase of 18.1%, closing at $357.98. Moreover, this advance was accompanied by exceptionally high trading volume at 792% of normal. The stock has risen 21.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ANSS is expected to continue to be an important Value Builder.
ANSYS has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. ANSYS has a neutral Power Rating of 48 but a poor Appreciation Score of 23, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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