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Ansys (ANSS) Shows Strength: Stock Moves Up 8% in Session
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Ansys, Inc. (ANSS - Free Report) was a big mover last session, as its shares rose almost 8% on the day. The move came after the company reported encouraging first-quarter 2017 financial results wherein bookings, revenues, EPS and operating cash flow recorded double digit growth. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 13% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Is ANSS going up? Or down? Predict to see what others think: Up or Down
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
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Ansys (ANSS) Shows Strength: Stock Moves Up 8% in Session
Ansys, Inc. (ANSS - Free Report) was a big mover last session, as its shares rose almost 8% on the day. The move came after the company reported encouraging first-quarter 2017 financial results wherein bookings, revenues, EPS and operating cash flow recorded double digit growth. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 13% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ansys currently carries a Zacks Rank #4 (Sell).
ANSYS, Inc. Price
ANSYS, Inc. Price | ANSYS, Inc. Quote
A better-ranked stock from the Computer - Software space is DST Systems, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ANSS going up? Or down? Predict to see what others think: Up or Down
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>