Q2 2024 EPS Estimates for Dassault Systèmes SE Increased by Griffin Securities (OTCMKTS:DASTY)

Dassault Systèmes SE (OTCMKTS:DASTYFree Report) – Investment analysts at Griffin Securities upped their Q2 2024 earnings estimates for shares of Dassault Systèmes in a research note issued on Wednesday, February 7th. Griffin Securities analyst J. Vleeschhouwer now anticipates that the technology company will post earnings of $0.30 per share for the quarter, up from their prior estimate of $0.29. The consensus estimate for Dassault Systèmes’ current full-year earnings is $1.27 per share. Griffin Securities also issued estimates for Dassault Systèmes’ FY2024 earnings at $1.28 EPS and FY2025 earnings at $1.41 EPS.

Dassault Systèmes (OTCMKTS:DASTYGet Free Report) last issued its earnings results on Thursday, February 1st. The technology company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Dassault Systèmes had a return on equity of 18.51% and a net margin of 17.65%.

A number of other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Dassault Systèmes from an “underweight” rating to an “overweight” rating in a research report on Monday, October 30th. BNP Paribas upgraded shares of Dassault Systèmes from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 8th.

View Our Latest Stock Analysis on Dassault Systèmes

Dassault Systèmes Price Performance

Shares of OTCMKTS:DASTY opened at $46.36 on Monday. The stock has a market cap of $61.98 billion, a PE ratio of 53.91, a PEG ratio of 6.27 and a beta of 0.98. The company’s fifty day moving average is $48.58 and its 200 day moving average is $43.36. Dassault Systèmes has a 52 week low of $35.62 and a 52 week high of $53.00. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.26.

Institutional Investors Weigh In On Dassault Systèmes

Several hedge funds have recently bought and sold shares of DASTY. PNC Financial Services Group Inc. lifted its stake in shares of Dassault Systèmes by 4.7% in the first quarter. PNC Financial Services Group Inc. now owns 16,699 shares of the technology company’s stock worth $830,000 after buying an additional 746 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Dassault Systèmes by 14.1% in the first quarter. Captrust Financial Advisors now owns 25,168 shares of the technology company’s stock worth $1,242,000 after buying an additional 3,113 shares in the last quarter. Azimuth Capital Investment Management LLC lifted its stake in shares of Dassault Systèmes by 0.3% in the first quarter. Azimuth Capital Investment Management LLC now owns 102,436 shares of the technology company’s stock worth $4,215,000 after buying an additional 265 shares in the last quarter. Boston Common Asset Management LLC lifted its stake in shares of Dassault Systèmes by 6.0% in the first quarter. Boston Common Asset Management LLC now owns 40,456 shares of the technology company’s stock worth $1,665,000 after buying an additional 2,277 shares in the last quarter. Finally, Yousif Capital Management LLC lifted its stake in shares of Dassault Systèmes by 1.5% in the second quarter. Yousif Capital Management LLC now owns 22,711 shares of the technology company’s stock worth $1,009,000 after buying an additional 335 shares in the last quarter. Institutional investors own 0.18% of the company’s stock.

About Dassault Systèmes

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Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS design software for mechanical and electronic printed circuit board design solutions, product data management, simulation, manufacturing, and technical communication; 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.

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Earnings History and Estimates for Dassault Systèmes (OTCMKTS:DASTY)

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