Dassault Systemes (OTCMKTS:DASTY) Given “Hold” Rating at Barclays

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Dassault Systemes (OTCMKTS:DASTY)‘s stock had its “hold” rating reiterated by investment analysts at Barclays in a note issued to investors on Tuesday, AnalystRatings.com reports. They currently have a $134.00 price objective on the technology company’s stock. Barclays‘s target price indicates a potential downside of 15.38% from the stock’s previous close.

DASTY has been the topic of several other research reports. Zacks Investment Research cut shares of First Merchants from a “hold” rating to a “sell” rating in a report on Monday, July 1st. Goldman Sachs Group cut shares of to a “sell” rating and set a GBX 270 ($3.53) target price on the stock. in a report on Wednesday, June 5th. Finally, KeyCorp lifted their price target on shares of Ingersoll-Rand from $112.00 to $130.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $148.50.

DASTY stock traded up $1.16 on Tuesday, hitting $158.35. The company had a trading volume of 9,961 shares, compared to its average volume of 19,182. Dassault Systemes has a 12-month low of $109.24 and a 12-month high of $166.07. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $155.17. The company has a market capitalization of $41.11 billion, a PE ratio of 48.28, a price-to-earnings-growth ratio of 2.97 and a beta of 0.94.

Dassault Systemes (OTCMKTS:DASTY) last issued its earnings results on Wednesday, April 24th. The technology company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.02. Dassault Systemes had a net margin of 16.89% and a return on equity of 16.90%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Analysts anticipate that Dassault Systemes will post 3.45 earnings per share for the current year.

Institutional investors have recently modified their holdings of the company. Private Capital Group LLC boosted its stake in shares of Dassault Systemes by 44.9% during the 1st quarter. Private Capital Group LLC now owns 300 shares of the technology company’s stock worth $45,000 after acquiring an additional 93 shares during the last quarter. Hartwell J M Limited Partnership purchased a new position in shares of Dassault Systemes during the 1st quarter worth $312,000. Advisor Partners LLC boosted its stake in shares of Dassault Systemes by 7.5% during the 1st quarter. Advisor Partners LLC now owns 2,363 shares of the technology company’s stock worth $352,000 after acquiring an additional 165 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Dassault Systemes by 10.9% during the 1st quarter. Quadrant Capital Group LLC now owns 3,781 shares of the technology company’s stock worth $555,000 after acquiring an additional 373 shares during the last quarter. Finally, Thomas White International Ltd. boosted its stake in shares of Dassault Systemes by 39.4% during the 1st quarter. Thomas White International Ltd. now owns 22,882 shares of the technology company’s stock worth $3,411,000 after acquiring an additional 6,464 shares during the last quarter. Institutional investors and hedge funds own 0.19% of the company’s stock.

Dassault Systemes Company Profile

Dassault Systèmes SE 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 (CAD); GEOVIA, which models and simulates the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences.

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