Dassault Systemes SE (OTCMKTS:DASTY) has been given an average rating of “Buy” by the six ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $132.00.
DASTY has been the subject of a number of research reports. BNP Paribas raised Dassault Systemes from a “neutral” rating to an “outperform” rating in a research note on Friday, January 12th. HSBC reaffirmed a “hold” rating on shares of Dassault Systemes in a research note on Wednesday, January 24th. Zacks Investment Research raised Dassault Systemes from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Finally, ValuEngine raised Dassault Systemes from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Eqis Capital Management Inc. grew its stake in Dassault Systemes by 13.7% during the 4th quarter. Eqis Capital Management Inc. now owns 11,886 shares of the technology company’s stock worth $1,260,000 after purchasing an additional 1,429 shares in the last quarter. Horrell Capital Management Inc. grew its stake in Dassault Systemes by 2.0% during the 4th quarter. Horrell Capital Management Inc. now owns 57,282 shares of the technology company’s stock worth $6,094,000 after purchasing an additional 1,142 shares in the last quarter. Lenox Wealth Management Inc. grew its stake in Dassault Systemes by 25.4% during the 4th quarter. Lenox Wealth Management Inc. now owns 10,745 shares of the technology company’s stock worth $1,139,000 after purchasing an additional 2,177 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in Dassault Systemes by 2.1% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 217,025 shares of the technology company’s stock worth $21,885,000 after purchasing an additional 4,565 shares in the last quarter. 0.23% of the stock is owned by hedge funds and other institutional investors.
Dassault Systemes (OTCMKTS:DASTY) last issued its quarterly earnings data on Thursday, February 1st. The technology company reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.13. Dassault Systemes had a return on equity of 16.17% and a net margin of 16.22%. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.04 billion. analysts predict that Dassault Systemes will post 3.28 EPS for the current fiscal year.
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About Dassault Systemes
Dassault Systemes SE is a France-based company that operates as a holding. The Company is engaged in the sale of software solutions. The Company is engaged in the development of various software solutions integrated in the 3DEXPERIENCE platform. The Company’s 3DEXPERIENCE portfolio consisted of three dimensional (3D) modeling applications, simulation applications creating virtual twins of products or production systems, social and collaborative applications, and information intelligence applications.
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