Professional
Added to YB: 2024-05-08
Pitch date: 2024-03-31
ANSS [bullish]
ANSYS, Inc.
+7.82%
current return
Author Info
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Company Info
ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students.
Market Cap
$32.9B
Pitch Price
$347.16
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.15
P/E
55.57
EV/Sales
12.36
Sector
Software
Category
special_situation
Show full summary:
Baron Asset Fund Portfolio Holding: ANSYS, Inc.
ANSS +35% on $35B Synopsys buyout offer below mkt expect. Long time to close, share consider., reg. risk weigh. Benefit from multi-yr contracts, large diverse cust., product complexity & sim tech adoption secular trends. Opp if deal breaks or terms improve.
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