Ansys Inc. (ANSS) Stock Forecast & Predictions

Ansys Inc. - Registered Shares ANSS: $364.81

2600 Ansys Dr, Canonsburg, Pennsylvania, US. | Sector: Information | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.ansys.com/

  • Market Cap$31.88B
  • Change (52 Weeks)38.98%
  • Low (52 Weeks)$244.53
  • Ansys Inc. (ANSS) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Ansys Inc. (ANSS) stock price is $364.81 and the 52 weeks low is $244.53, which means the Ansys Inc. stock price is up 38.98% in the last 12 months.

    Ansys Inc. (ANSS) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that ANSS Stock price might rise further, 31.25% indicating that ANSS Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ANSS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Ansys Inc. (ANSS) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Ansys Inc. (ANSS) is based on 21 Institutional Analyst Ratings where 33.33% are on Strong Buy, 23.81% on Moderate Buy, 33.33% remains on Hold, 0.00% are on Moderate Sell and 9.52% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended ANSS stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Ansys Inc..

    Ansys Inc. (ANSS) Stock Price Prediction By Analysts


    HighLowAverage
    $435.75$272.70$378.03
    $378.033.62% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for ANSS set by the institutional analysts is $378.03 where High Estimate is $435.75, Median $386.58 and Low $272.70.

    The average price target for ANSS by Institutional Analysts is $378.03, which is 3.62% Upside from the current price. So according to the Institutional Analysts, ANSS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Ansys Inc. (ANSS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with ANSS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ANSS and holding their positions hoping for a further rise in the stock price and more profit.

    Ansys Inc. (ANSS) Stock Forecast Based on News Sentiment


    Bullish
    Based on 2 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about ANSS, it shows that Ansys Inc. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that ANSS stock price may surge in the next few weeks.

    Ansys Inc. (ANSS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    B of A SecuritiesBuyInitiated
    RBC CapitalSector PerformMaintained
    Credit SuisseOutperformMaintained
    BarclaysUnderweightMaintained
    WedbushOutperformMaintained
    RBC CapitalSector PerformMaintained
    WedbushOutperformMaintained
    WedbushOutperformMaintained
    BairdOutperformMaintained
    NeedhamHoldDowngraded
    JP MorganUnderweightDowngraded
    BenchmarkBuyReiterated
    BenchmarkBuyReiterated
    NeedhamBuyMaintained
    WedbushOutperformMaintained
    JP MorganNeutralUpgraded
    BenchmarkBuyMaintained
    JP MorganUnderweightMaintained
    CitigroupBuyInitiated
    WedbushOutperformMaintained
    WedbushOutperformMaintained
    Stifel NicolausHoldInitiated
    BenchmarkBuyUpgraded
    WedbushOutperformUpgraded
    NeedhamBuyUpgraded
    GuggenheimBuyInitiated
    BarclaysUnderweightMaintained
    BairdOutperformMaintained
    Goldman SachsBuyUpgraded
    BerenbergBuyUpgraded
    CitigroupNeutralMaintained
    BairdOutperformMaintained
    CitigroupNeutralInitiated
    BarclaysUnderweightMaintained
    BerenbergHoldInitiated
    Goldman SachsNeutralInitiated
    BarclaysUnderweightDowngraded
    NeedhamHoldInitiated
    JP MorganUnderweightDowngraded
    Evercore ISI GroupHoldInitiated
    Evercore ISI GroupHoldInitiated
    BarclaysEqual-WeightMaintained
    Goldman SachsNeutralInitiated
    WedbushNeutralDowngraded
    Mitsubishi UFJOverweightInitiated
    KeyBancSector WeightInitiated
    BerenbergHoldInitiated
    BenchmarkHoldDowngraded
    BenchmarkHoldDowngraded
    RBC CapitalSector PerformInitiated
    BarclaysEqual-WeightInitiated
    JP MorganNeutralMaintained
    William BlairOutperformInitiated
    WedbushOutperformUpgraded
    Canaccord GenuityHoldDowngraded
    Hilliard LyonsNeutralInitiated
    Canaccord GenuityBuyMaintained
    JefferiesHoldMaintained
    JP MorganNeutralMaintained
    JefferiesHoldMaintained
    WedbushNeutralInitiated
    BairdOutperformUpgraded
    JP MorganNeutralMaintained
    CL KingNeutralDowngraded
    JefferiesHoldMaintained
    Canaccord GenuityBuyMaintained
    BenchmarkBuyMaintained

    Ansys Inc. (ANSS) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.589
    The average consensus EPS for ANSS is $1.589 with a high estimate of $1.890 and Low of $1.225 for the period 2021-06-30 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.36$1.282652020-09-30


    The latest average Earning Per Share Estimate for Ansys Inc. is $1.59, which is higher than ANSS's last EPS, $1.36. This means that Analysts are expecting Ansys Inc. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Ansys Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.36$1.282652020-09-30
    $1.55$1.18719842020-06-30
    $0.83$0.81372542020-03-31
    $2.24$2.01834542019-12-31
    $1.42$1.28964719999999992019-09-30
    $1.61$1.30457999999999992019-06-30
    $1.29$1.11819542019-03-31
    $2.13$1.524392018-12-31
    $1.31$1.09577582018-09-30
    $1.35$1.11885842018-06-30
    $1.2$1.05788282018-03-31
    $1.07$1.05278280000000012017-12-31
    $1.05$0.98844122017-09-30
    $0.99$0.93332017-06-30
    $0.89$0.85172017-03-31
    $0.98$0.98211722016-12-31
    $0.95$0.93842016-09-30
    $0.93$0.89917082016-06-30
    $0.77$0.77859662016-03-31
    $0.91$0.88742015-12-31
    $0.9$0.88925640000000012015-09-30
    $0.85$0.83176922015-06-30
    $0.77$0.78261540000000012015-03-31
    $0.92$0.82712822014-12-31
    $0.89$0.8410412014-09-30
    $0.86$0.81260342014-06-30
    $0.76$0.77012014-03-31
    $0.96$0.87722013-12-31
    $0.78$0.76407180000000012013-09-30
    $0.77$0.7281272013-06-30
    $0.71$0.70719660000000012013-03-31
    $0.79$0.750722012-12-31
    $0.74$0.70101540000000012012-09-30
    $0.72$0.67412822012-06-30
    $0.66$0.67241462012-03-31
    $0.73$0.71714162011-12-31
    $0.66$0.6284732011-09-30
    $0.62$0.57434162011-06-30
    $0.57$0.5612011-03-31
    $0.65$0.60087180000000012010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).