Time to eliminate Ansys Inc. (NASDAQ:ANSS) from your holding?


Ansys Inc. (NASDAQ:ANSS), whose market capitalization now stands at $10.35B, reported EPS of $3.09 in the last financial year. That indicates the stock has price-to-earnings ratio of 39.44 at the prevailing stock price. This fiscal year’s EPS is projected to grow 8.20% over the preceding year. With that, P/E for this year is expected to be 29.44.

For the forward P/E metric, market analysts have a 12-month target price of $110.88 on the stock of Ansys, Inc..

Over the preceding five years, Ansys, Inc. has recorded EPS improvement of 9.30%. That against sales growth of 7.40% over the same 5-year period. For the imminent five years, analysts expect the firm to post EPS growth of 10.00%.

Let’s look into the charts of the stock

The Barchart Technical Opinion rating is a 8% Buy with a Weakest short term outlook on maintaining the current direction. Longer term, the trend strength is Weak. Long term indicators fully support a continuation of the trend.

The company posted free cash flow of $121.84M, leading to price/ free cash flow (P/free cash flow) ratio of 28.73.

Ansys, Inc. also recorded return assets of 9.80%, return on of 12.30% and return on investments of 11.80%.

Analysts are projecting the stock of Ansys, Inc. to be trading at $110.88 in the next 12-months, but what been its performance quality until now?

The stock jumped/declined -2.22% in the previous week, and for the preceding month it is up/down 1.59%. For the quarter and for the fiscal year so far, the shares have risen/decline 13.48% and 31.64%, respectively. From a year earlier, the stock has moved 38.40%

What about the volatility of the equity? First, the stock’s beta is 1.08. Investors would do well to note that beta of less than 1 indicates that the underlying security is less volatile as against the market, but beta over one implies that a security is extremely volatile compared to market.

In terms of monthly or weekly volatility, Ansys, Inc. has a weekly volatility of 2.08% and monthly volatility of 1.72%.