Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for ANSYS Inc (NASDAQ: ANSS) improved during the last several trading days. ANSS’ current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
ANSYS Inc (NASDAQ: ANSS) stock closed at $334.20 on 4/12/24 after a modest decline of -1.7%. Moreover, above average trading volume at 131% of normal accompanied the decline. The stock has declined -2.0% during the last week but has been strong relative to 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 C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ANSYS has a poor Appreciation Score of 21 but a slightly positive Power Rating of 68, with the Low Neutral Value Trend Rating the result.
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