How to Buy Ansys Stock
Ansys Inc
ANSYS, Inc. develops and markets engineering simulation software and services worldwide.
Ansys stock last closed at $324.50, down 0.34% from the previous day, and has increased 0.97% in one year. It has underperformed other stocks in the Software - Application industry by 0.18 percentage points. Ansys stock is currently +25.77% from its 52-week low of $258.01, and -10.93% from its 52-week high of $364.31.
There are currently 87.02M ANSS shares outstanding. The market capitalization of ANSS is $28.24B. In the last 24 hours, 208,542 ANSS shares were traded.
How to Buy Ansys Stock
Wondering how to invest in Ansys stock? Here's how.
- Figure out where to buy Ansys stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Ansys stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your information.
- Research Ansys stock: The Ansys ticker symbol is ANSS. Is Ansys stock a good investment? Should you buy shares of ANSS? How do ANSS's underlying business fundamentals look? Do top analysts think Ansys is a good buy? Why has ANSS's stock price moved recently? (Hint: Our stock market research tools can help you decide if ANSS is a good stock to buy).
- Execute your ANSS trade: Decide if you will purchase ANSS shares at the current market price or use a limit order to purchase ANSS stock at a particular price.
- Monitor your ANSS investment: Create a watchlist to important notifications about your investment in Ansys stock.
Step 1: Figure out where to buy Ansys stock
You need a brokerage account in order to access the NASDAQ market and buy ANSS stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you are able to buy ANSS today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best free stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring money into your new brokerage account.
Step 4: Research Ansys stock
Once you have figured out the best place to buy Ansys stock, it's absolutely critical to analyze their stock before you invest, so you actually wrap your head around the risk and opportunity.
Ansys Metrics
ANSS Zen Score
WallStreetZen was designed to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on ANSS's stock page.
Is ANSS stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ANSS's intrinsic value.
Using relative valuations ratios:
- ANSS may be undervalued based on its P/E ratio of 56.34x, relative to Software - Application industry P/E ratio of 98.93x
- ANSS may be undervalued based on its P/B ratio of 5.24x, relative to Software - Application industry P/B ratio of 6.39x
- ANSS may be overvalued based on its PEG ratio of 1.92x
You can do additional valuation research on ANSS's stock here.
ANSS Financials at a glance
Signs that ANSS is financially healthy:
- ANSS earnings of $639.28M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ANSS balance sheet.
- ANSS has a low debt to equity ratio of 0.36.
- There are more short-term assets than long-term liabilities on the ANSS balance sheet.
- ANSS's operating cash flow of $717.12M allows it to safely service it's debt of $854.40M.
Signs that ANSS is not financially healthy:
- Total ANSS debt is higher than 5 years ago, relative to shareholder equity.
- ANSS profit margin has gone down from 25.4% to 22% in the past year.
Is ANSS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Wall Street analysts who monitor ANSS, the consensus analyst rating on Ansys is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest ANSS Analyst Ratings
Matthew Hedberg, a top 1% analyst from RBC Capital maintains ANSS with a hold rating and lowers their ANSS price target from $310.00 to $290.00, on Nov 3, 2023.
You can dig deeper into what analysts are forecasting on the Ansys stock forecast page.
ANSS Momentum
ANSS Revenue
Last year, ANSS earnings were $500.41M. In the last five year, ANSS's earnings have grown by 2.91% per year. This was slower than the Software - Application industry average of 31.41%.
Last year, ANSS revenue was $2.27B. During the past 5 year, ANSS's revenue has increased by 11.9% per year. This was slower than the Software - Application industry average of 27.61%.
Dig into ANSS's earnings and revenue performance here.
Who is buying/selling ANSS?
Over the past 12 months, executives and large shareholders at ANSS have sold more shares than they have bought.
Glenda Dorchak, Director of ANSS, was the latest ANSS insider to sell. They sold $51,312.00 worth of ANSS shares on Apr 8, 2024.
Research more about who owns ANSS shares here.
Does ANSS provide a stable income stream?
No, Ansys doesn't provide an income stream by paying out dividends.
What others are saying about ANSS
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your ANSS trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your ANSS investment
Now that you own some ANSS shares, you'll want to stay up-to-date on your company.
Make a watchlist to keep track of your ANSS stock.
ANSS Feed
How to Buy Stock in Ansys
To reiterate, here are the 6 steps to buy Ansys stock:
- Figure out where to buy Ansys stock
- Create a brokerage account
- Fund your investment account
- Research Ansys stock
- Execute your ANSS trade
- Monitor your ANSS investment
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Ansys, click below.
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