ANSYS stock: buy or sell?
August 19th, 2019
ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers, and students in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries and academia worldwide.
Should I buy ANSYS stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, ANSYS stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ANSYS stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 9 ratings published for ANSS stock in the last 30 days. The general sentiment of these ratings is bullish for ANSS stock, with 6 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-6||JPMorgan Chase & Co.||n/a||Underweight|
|2019-4-10||KeyCorp||Sector Weight||Sector Weight|
|2019-2-28||Mitsubishi UFJ Financial Group||n/a||Overweight|
ANSYS stock analysis
ANSYS ended today at $212.99 and stepped up a fine 1.63%.
ANSYS shares stepped up 1.63% to $212.99 today. On May, SMA100d and SMA200d crossed up triggering a rise of 8.78%. ANSS is soaring again after a 5.43% correction from its last top on Tuesday at $213.54. On August/6 ANSS price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Jul 24th, ANSS hit new all time highs, pushing higher previous ATH of $213.89 recorded on Jul/23. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
ANSYS ended this week at $212.99 and stepped up a decent 1.63%. Late July ANSS collapsed a scary -9.11% in just one week. For 3 weeks in a row, price climbed and marked a profit of 8.28%. Early August ANSS boosted an astounding 6.20% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $215.39 resistance. Not so far away is the last price record ANSYS marked late July. Since late April when SMA20w and SMA40w crossed up, ANSS price gained $26.40 per share (14.15%). Since late January when ANSS stock price broke up the SMA40w line, it gained $51.34 (31.76%).
ANSYS stock price history
ANSYS stock went public on June 20th, 1996 with a price of $3.001. Since then, ANSS stock surged a 6,999.70%, with an average of 304.30% per year. If you had invested right after ANSS's IPO a $1,000 in ANSYS stock in 1996, it would worth $69,997.00 today.
1: Adjusted price after possible price splits or reverse-splits.
ANSYS stock historical price chart
ANSS stock reached all-time highs on Jul 24th with a price of $215.39.
ANSYS stock price target is $199.30Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 7 price forecasts for ANSYS stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-6||JPMorgan Chase & Co.||Raises Target||$160.00||$190.00||18.8%|
|2019-2-28||Mitsubishi UFJ Financial Group||Raises Target||n/a||$203.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareANSYS presented outstanding results for 2018-Q4 on February. ANSYS skyrocketed Earnings per Share (EPS) by 42.90%, beating experts consensus of $1.33. ANSYS posted $1.90.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, ANSYS annual revenues skyrocketed a dazzling 18.11% to $1,293.64 M USD from $1,095.25 marked in 2017. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) jumped a 8.75% to 32.42%.
|2013||$861 M||-||$245 M28.5%||-|
|2014||$936 M||8.68%||$255 M27.2%||3.82%|
|2015||$943 M||0.72%||$253 M26.8%||-0.85%|
|2016||$988 M||4.85%||$266 M26.9%||5.19%|
|2017||$1,095 M||10.80%||$259 M23.7%||-2.40%|
|2018||$1,294 M||18.11%||$419 M32.4%||61.76%|
Quarterly financial resultsANSYS posted $415.43 M in sales for 2018-Q4, a 43.54% up compared to previous quarter. Reported quarter earnings marked $153.16 million with a profit margin of 36.87%. Profit margin soared a 6.00% compared to previous quarter when profit margin was 30.87%. When comparing turnover to same quarter last year, ANSYS sales marked an extraordinary gain and climbed a 37.41%.
|2017-Q2||$264 M||-||$70 M26.4%||-|
|2017-Q3||$276 M||4.42%||$74 M26.7%||5.59%|
|2017-Q4||$302 M||9.71%||$53 M17.4%||-28.58%|
|2018-Q1||$283 M||-6.44%||$84 M29.8%||60.27%|
|2018-Q2||$306 M||8.14%||$93 M30.3%||9.87%|
|2018-Q3||$289 M||-5.39%||$89 M30.9%||-3.52%|
|2018-Q4||$415 M||43.54%||$153 M36.9%||71.45%|
|2019-Q1||$317 M||-23.66%||$86 M27.2%||-43.70%|
ANSYS ownershipWhen you are planning to buy shares of a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ANSYS, 1.16% of all outstanding shares are owned by its staff.
Bearish positions for ANSS stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to ANSYS:
|Market cap||$17.9 B||$22.5 B||$32.1 B||$19.6 B||$54.2 B|
|Total shares||83.9 M||316.0 M||219.6 M||281.0 M||288.9 M|
|Float shares||83.4 M||314.9 M||219.3 M||275.4 M||277.4 M|
|- Institutional holdings (%)||98.2%||88.2%||98.7%||90.3%||87.8%|
|- Insider holdings (%)||1.2%||0.4%||0.2%||1.6%||6.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, August 19th, 2019|
|Day range||$210.76 - $213.84|
|Average true range||$7.68|
|50d mov avg||$205.37|
|100d mov avg||$196.40|
|200d mov avg||$179.36|
ANSYS performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For ANSYS, the comparison is made against Agilent Technologies, Autodesk, Cadence Design Systems, General Dynamics, PTC and Synopsys.
|CDNSCadence Design Sy...||8.85%||23.03%||48.65%|
ANSYS competitorsOne check before investing in any stock is to review a list of its competitors, in this case for ANSYS. We chose 6 companies as ANSYS competitors as they are in the same industry or have similar market objectives.
- Agilent Technologies (A)
- Autodesk (ADSK)
- Cadence Design Systems (CDNS)
- General Dynamics (GD)
- PTC (PTC)
- Synopsys (SNPS)
Latest ANSYS stock news
- Seeking AlphaAnsys: Unique Software Asset With 10-20% UpsideFebruary 27, 2019
- Seeking AlphaAnsys: Stock Is Ready For A RallyDecember 11, 2018
- InvestorPlaceDon’t Worry About Missing Out, Ansys Stock Is Due for a PullbackJune 22, 2018