ANSYS Inc (NASDAQ: ANSS) has reported earnings for its first fiscal quarter (ending March 31) of $0.40 versus $1.16 for the same period a year ago — a decline of -66%. This result fell short of the consensus estimate of $2.04 by $-1.64. For the latest four quarters through March 31, E.P.S. were $5.00 versus $6.36 for the same period a year ago — a decline of -21%.
Recent Price Action
ANSYS Inc (NASDAQ: ANSS) stock declined modestly by -1.0% on 5/1/24. The stock closed at $321.48. NORMAL trading volume accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -1.4% during the last week.
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 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, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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