Ansys Inc (NASDAQ: ANSS)

ansysAnsys Inc is an engineering software company. They employ some 2,600 people and have over 75 positions worldwide for sales. They provide software engineering simulation solutions for just about anything, from Ferrari to biomedical.

Price/Earnings is high at 41, which means their share sells at 41 times earnings. For an engineering company this is high, but for a software company, it is not unusual.

Everything else about the companies numbers looks right, indeed their last report was above expectations.

A slightly early call, but they have a buy position developing at about $76.

Leave a Reply