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 good, indeed their last report was above expectations.

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

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s