Dassault Systemes (DASTY) Projected to Release Quarterly Earnings on Thursday

Dassault Systemes (OTCMKTS:DASTY) is anticipated to post its results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.34 per share and revenue of $1.7716 billion for the quarter.

Dassault Systemes Stock Performance

OTCMKTS:DASTY opened at $20.71 on Tuesday. The firm has a market capitalization of $27.79 billion, a PE ratio of 19.54, a PEG ratio of 6.00 and a beta of 1.00. Dassault Systemes has a 1 year low of $18.99 and a 1 year high of $38.15. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.12. The firm’s fifty day simple moving average is $21.56 and its 200 day simple moving average is $22.70.

Hedge Funds Weigh In On Dassault Systemes

An institutional investor recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC bought a new stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. 0.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Zacks Research upgraded shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Dassault Systemes Company Profile

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.