Dassault Systèmes (OTCMKTS:DASTY) Rating Increased to Strong-Buy at Berenberg Bank

Dassault Systèmes (OTCMKTS:DASTY) was upgraded by research analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Dassault Systèmes Stock Up 2.7 %

DASTY opened at $42.95 on Monday. The firm has a 50 day moving average price of $38.55 and a 200 day moving average price of $37.25. Dassault Systèmes has a 1 year low of $32.85 and a 1 year high of $46.64. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 1.93. The company has a market cap of $57.49 billion, a PE ratio of 43.83, a price-to-earnings-growth ratio of 3.83 and a beta of 0.92.

Dassault Systèmes (OTCMKTS:DASTY) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.04). Dassault Systèmes had a net margin of 19.29% and a return on equity of 18.50%. Sell-side analysts expect that Dassault Systèmes will post 1.31 earnings per share for the current year.

Dassault Systèmes Company Profile

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.