Dassault Systemes (DASTY) Set to Release Quarterly Earnings on Wednesday

Dassault Systemes (OTCMKTS:DASTY) will likely be issuing its results before the market opens on Wednesday, October 28th. Analysts expect Dassault Systemes to post earnings of $0.35 per share and revenue of $1.72 billion for the quarter.

Dassault Systemes Stock Up 0.3%

DASTY opened at $27.44 on Tuesday. The firm has a market cap of $36.82 billion, a P/E ratio of 24.28, a PEG ratio of 5.16 and a beta of 0.99. The business’s fifty day simple moving average is $24.90 and its 200 day simple moving average is $23.25. Dassault Systemes has a 52 week low of $18.99 and a 52 week high of $29.83. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.23.

Wall Street Analyst Weigh In

DASTY has been the topic of a number of recent research reports. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a report on Monday, July 27th. Jefferies Financial Group raised shares of Dassault Systemes to a “moderate sell” rating in a research note on Friday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dassault Systemes in a report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Dassault Systemes Company Profile

Dassault Systèmes SE is a France-based software company that develops three-dimensional design, engineering, simulation, manufacturing, and product-lifecycle management solutions. Its technologies help organizations create, test, manufacture, and manage products and processes in virtual environments.

The company’s principal offering is the 3DEXPERIENCE platform, which connects design, engineering, simulation, manufacturing, and collaboration tools. Its portfolio includes CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design, SIMULIA for simulation, DELMIA for manufacturing and operations, ENOVIA for product lifecycle management, and BIOVIA for scientific modeling and materials science.