ANSYS Inc (NASDAQ: ANSS) has reported earnings for its third fiscal quarter (ending September 30) of $1.47 versus $0.64 for the same period a year ago — an increase of 130%. For the latest four quarters through September 30, E.P.S. were $6.52 versus $5.56 for the same period a year ago — an increase of 17%.
Recent Price Action
On 11/6/24, ANSYS Inc (NASDAQ: ANSS) stock enjoyed a large increase of 2.8%, closing at $333.62. Moreover, this advance was accompanied by unusually high trading volume at 179% of normal. The stock has performed in line with the market over the last nine months and has risen 1.6% during the last week.
Current PriceTarget Research Rating
With future capital returns 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 43 but a poor Appreciation Score of 26, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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