Zacks Investment Research upgraded shares of Dassault Systemes (OTCMKTS:DASTY) from a sell rating to a hold rating in a report published on Wednesday morning.

According to Zacks, “Dassault Systemes is a worldwide recognized leader in CAD/CAM/CAE and PDM II markets. The company’s mission to provide solutions to enable customers to build their digital enterprise, by defining, simulating, managing and optimizing concurrently product, manufacturing process, and resources. In this virtual space, customers create innovative, high quality, safe and affordable products. The company delivers scaleable process and design-centric solutions on both Unix and Windows NT environments. “

Separately, ValuEngine lowered Dassault Systemes from a strong-buy rating to a buy rating in a research note on Thursday, November 1st.

Shares of OTCMKTS DASTY traded down $0.63 during midday trading on Wednesday, hitting $126.56. 5,507 shares of the stock traded hands, compared to its average volume of 47,202. The stock has a market capitalization of $32.03 billion, a price-to-earnings ratio of 46.53, a PEG ratio of 2.62 and a beta of 0.92. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.46 and a quick ratio of 2.46. Dassault Systemes has a one year low of $103.55 and a one year high of $163.00.

Dassault Systemes (OTCMKTS:DASTY) last released its quarterly earnings results on Wednesday, October 24th. The technology company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. The firm had revenue of $961.32 million for the quarter, compared to analysts’ expectations of $962.56 million. Dassault Systemes had a return on equity of 16.60% and a net margin of 17.03%. Equities research analysts anticipate that Dassault Systemes will post 3 EPS for the current year.

Several large investors have recently bought and sold shares of DASTY. Advisor Partners LLC purchased a new stake in Dassault Systemes in the 3rd quarter worth $245,000. Hartwell J M Limited Partnership purchased a new stake in Dassault Systemes in the 2nd quarter worth $498,000. Cypress Capital Management LLC purchased a new stake in Dassault Systemes in the 2nd quarter worth $1,107,000. Finally, Azimuth Capital Management LLC increased its stake in Dassault Systemes by 1.1% in the 2nd quarter. Azimuth Capital Management LLC now owns 38,175 shares of the technology company’s stock worth $5,349,000 after buying an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 0.18% of the company’s stock.

About Dassault Systemes

Dassault Systèmes SE provides software applications and services worldwide. The company offers SOLIDWORKS 3D design software for 3D and electrical design, simulation, product data management, 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 a scientific collaborative environment for biological formulated products and advanced materials.

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