Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Ansys (NASDAQ:ANSS) on Sunday, setting a price target of $405, which is approximately 20.39% above the present share price of $336.42.
Vruwink expects Ansys to post earnings per share (EPS) of $0.83 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Ansys, with an average price target of $360.56.
The analysts price targets range from a high of $405 to a low of $271.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $363.23 million and a net profit of $50.02 million. The company's market cap is $29.5 billion.
According to TipRanks.com, Robert W. Baird analyst Joseph Vruwink is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 23.9% and a 81.36% success rate.
Incorporated in 1970, Pennsylvania-based ANSYS , Inc. develops and markets engineering simulation software and services. The company serves customers in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries.