Dassault Systèmes SE (OTCMKTS:DASTY) to Post Q1 2022 Earnings of $0.23 Per Share, KeyCorp Forecasts

Dassault Systèmes SE (OTCMKTS:DASTYGet Rating) – Research analysts at KeyCorp dropped their Q1 2022 earnings estimates for shares of Dassault Systèmes in a report issued on Tuesday, April 19th. KeyCorp analyst J. Celino now anticipates that the technology company will post earnings per share of $0.23 for the quarter, down from their prior forecast of $0.24. KeyCorp also issued estimates for Dassault Systèmes’ Q2 2022 earnings at $0.23 EPS, Q3 2022 earnings at $0.22 EPS, Q4 2022 earnings at $0.30 EPS, FY2022 earnings at $0.98 EPS, Q1 2023 earnings at $0.25 EPS, Q2 2023 earnings at $0.24 EPS, Q3 2023 earnings at $0.23 EPS, Q4 2023 earnings at $0.33 EPS and FY2023 earnings at $1.05 EPS.

DASTY has been the subject of several other research reports. Morgan Stanley dropped their price objective on shares of Dassault Systèmes from €61.00 ($65.59) to €53.00 ($56.99) in a research note on Monday, March 28th. Credit Suisse Group began coverage on shares of Dassault Systèmes in a research note on Thursday, March 31st. They issued an “underperform” rating for the company. Berenberg Bank began coverage on shares of Dassault Systèmes in a research note on Friday, February 18th. They issued a “buy” rating for the company. Societe Generale raised shares of Dassault Systèmes from a “hold” rating to a “buy” rating in a research note on Friday, February 4th. Finally, Zacks Investment Research cut shares of Dassault Systèmes from a “hold” rating to a “sell” rating in a research report on Thursday. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Dassault Systèmes presently has a consensus rating of “Hold” and an average price target of $56.33.

OTCMKTS DASTY opened at $43.06 on Thursday. The firm has a 50-day moving average of $47.05 and a 200-day moving average of $52.81. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.39 and a current ratio of 1.36. The stock has a market cap of $57.59 billion, a PE ratio of 60.82, a P/E/G ratio of 4.09 and a beta of 0.90. Dassault Systèmes has a 52-week low of $42.84 and a 52-week high of $64.00.

Dassault Systèmes (OTCMKTS:DASTYGet Rating) last posted its earnings results on Thursday, February 3rd. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.54 billion. Dassault Systèmes had a return on equity of 18.25% and a net margin of 15.91%.

Large investors have recently bought and sold shares of the business. Sustainable Growth Advisers LP lifted its stake in shares of Dassault Systèmes by 400.0% in the third quarter. Sustainable Growth Advisers LP now owns 210,015 shares of the technology company’s stock valued at $11,067,000 after buying an additional 168,012 shares in the last quarter. Boston Common Asset Management LLC lifted its stake in shares of Dassault Systèmes by 374.2% in the third quarter. Boston Common Asset Management LLC now owns 72,162 shares of the technology company’s stock valued at $3,802,000 after buying an additional 56,945 shares in the last quarter. Sky Investment Group LLC lifted its stake in shares of Dassault Systèmes by 383.7% in the third quarter. Sky Investment Group LLC now owns 47,500 shares of the technology company’s stock valued at $2,503,000 after buying an additional 37,680 shares in the last quarter. Henry James International Management Inc. lifted its position in shares of Dassault Systèmes by 6.9% during the fourth quarter. Henry James International Management Inc. now owns 25,932 shares of the technology company’s stock valued at $1,548,000 after purchasing an additional 1,685 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Dassault Systèmes by 394.7% during the third quarter. Captrust Financial Advisors now owns 23,709 shares of the technology company’s stock valued at $1,249,000 after purchasing an additional 18,916 shares in the last quarter. Institutional investors and hedge funds own 0.20% of the company’s stock.

About Dassault Systèmes (Get Rating)

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS design software for 3D design, electrical and printed circuit board design, product data management, simulation, manufacturing, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for modeling and simulating the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences.

Read More

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

Receive News & Ratings for Dassault Systèmes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dassault Systèmes and related companies with MarketBeat.com's FREE daily email newsletter.