Dassault Systemes (OTCMKTS:DASTY) Earns “Hold” Rating from Barclays

Barclays reissued their hold rating on shares of Dassault Systemes (OTCMKTS:DASTY) in a report released on Tuesday morning, AnalystRatings.com reports. Barclays currently has a $134.00 target price on the technology company’s stock.

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

Shares of Dassault Systemes stock opened at $157.58 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.13. Dassault Systemes has a 52 week low of $109.24 and a 52 week high of $166.07. The firm has a 50 day moving average price of $155.20. The firm has a market capitalization of $40.96 billion, a PE ratio of 48.04, a PEG ratio of 2.95 and a beta of 0.94.

Dassault Systemes (OTCMKTS:DASTY) last announced its quarterly earnings data on Wednesday, April 24th. The technology company reported $0.83 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.02. Dassault Systemes had a return on equity of 16.90% and a net margin of 16.89%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. As a group, analysts expect that Dassault Systemes will post 3.45 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the company. Private Capital Group LLC lifted its holdings in Dassault Systemes by 44.9% during the first 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 period. Hartwell J M Limited Partnership bought a new stake in Dassault Systemes during the first quarter worth $312,000. Advisor Partners LLC lifted its holdings in Dassault Systemes by 7.5% during the first 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 period. Quadrant Capital Group LLC lifted its holdings in Dassault Systemes by 10.9% during the first 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 period. Finally, Thomas White International Ltd. lifted its holdings in Dassault Systemes by 39.4% during the first 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 period. Institutional investors own 0.19% of the company’s stock.

About Dassault Systemes

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.

See Also: What is a Roth IRA?

Receive News & Ratings for Dassault Systemes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dassault Systemes and related companies with MarketBeat.com's FREE daily email newsletter.