Dassault Systemes (DASTY) Updates FY 2019 Earnings Guidance

Dassault Systemes (OTCMKTS:DASTY) updated its FY 2019 earnings guidance on Wednesday. The company provided earnings per share guidance of $3.82-3.88 for the period. The company issued revenue guidance of $4.361-4.4 billion.

A number of brokerages have weighed in on DASTY. Zacks Investment Research upgraded Dassault Systemes from a sell rating to a hold rating in a report on Wednesday, November 7th. ValuEngine downgraded Dassault Systemes from a strong-buy rating to a buy rating in a report on Thursday, November 1st.

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DASTY stock traded up $13.07 during mid-day trading on Wednesday, reaching $146.10. The company’s stock had a trading volume of 18,252 shares, compared to its average volume of 13,788. The company has a market cap of $33.52 billion, a P/E ratio of 53.71, a PEG ratio of 2.45 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.01 and a current ratio of 2.01. Dassault Systemes has a 12 month low of $109.24 and a 12 month high of $163.00.

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Dassault Systemes Company Profile

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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