Dassault Systèmes (OTCMKTS:DASTY) Hits New 52-Week High at $232.97

Shares of Dassault Systèmes SE (OTCMKTS:DASTY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $232.97 and last traded at $232.94, with a volume of 46830 shares changing hands. The stock had previously closed at $229.07.

Several equities research analysts have recently issued reports on DASTY shares. Morgan Stanley reissued an “overweight” rating on shares of Dassault Systèmes in a research note on Friday, February 5th. Bryan, Garnier & Co upgraded shares of Dassault Systèmes from a “sell” rating to a “buy” rating in a research report on Friday, February 5th. Barclays reiterated an “equal weight” rating on shares of Dassault Systèmes in a research report on Friday, February 5th. Societe Generale raised shares of Dassault Systèmes from a “hold” rating to a “buy” rating in a research note on Friday, February 5th. Finally, Zacks Investment Research lowered Dassault Systèmes from a “buy” rating to a “hold” rating in a research note on Thursday, April 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. Dassault Systèmes has an average rating of “Hold” and an average price target of $256.00.

The business’s 50 day simple moving average is $217.13 and its 200 day simple moving average is $201.43. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market capitalization of $60.73 billion, a PE ratio of 117.03, a P/E/G ratio of 4.36 and a beta of 0.78.

Dassault Systèmes (OTCMKTS:DASTY) last released its quarterly earnings data on Thursday, February 4th. The technology company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. Dassault Systèmes had a return on equity of 15.21% and a net margin of 10.63%. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.44 billion. As a group, analysts anticipate that Dassault Systèmes SE will post 3.63 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in DASTY. Logan Capital Management Inc. increased its stake in shares of Dassault Systèmes by 0.9% during the fourth quarter. Logan Capital Management Inc. now owns 8,218 shares of the technology company’s stock worth $1,671,000 after buying an additional 75 shares during the period. Captrust Financial Advisors increased its position in shares of Dassault Systèmes by 18.8% in the 4th quarter. Captrust Financial Advisors now owns 5,773 shares of the technology company’s stock valued at $1,176,000 after purchasing an additional 914 shares during the last quarter. Finally, Private Capital Advisors Inc. lifted its position in shares of Dassault Systèmes by 31.1% during the 4th quarter. Private Capital Advisors Inc. now owns 2,530 shares of the technology company’s stock worth $515,000 after purchasing an additional 600 shares during the last quarter. Institutional investors and hedge funds own 0.76% of the company’s stock.

Dassault Systèmes Company Profile (OTCMKTS:DASTY)

Dassault Systèmes SE, together with its subsidiaries, provides software solutions and services worldwide. The company offers SOLIDWORKS design software for 3D design, electrical and printed circuit board design, product data management, simulation, manufacturing, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for modeling and simulating the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences.

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