ANSYS (ANSS) Enhances Discovery Platform With EM Modeling
ANSYS ANSS expanded the capabilities of its Ansys Discovery platform by incorporating high-frequency electromagnetics (EM) modeling for antennas. This development allows engineering teams to conduct virtual exploration of multiple design areas simultaneously, minimizing the need for costly physical prototyping and testing.
The integration of EM into Ansys Discovery's existing capabilities creates an advanced multiphysics simulation environment and offers efficient integration with other Ansys products.
The enhanced features of the aforementioned platform enable companies to investigate new concepts in the early stages of antenna design. This results in improved performance for applications related to the Internet of Things, 5G technology and autonomous vehicles.
ANSYS, Inc. Price and Consensus
ANSYS, Inc. price-consensus-chart | ANSYS, Inc. Quote
Ansys Discovery simplifies the evaluation of changes to element design and antenna placement, thereby eliminating the need to navigate complex computer-aided design geometry. The platform automates the development of electromagnetic regions according to desired frequency ranges and assigns conductive and dielectric materials.
The automation streamlines the evaluation and integration of antenna concepts, reducing the need for manual geometry cleanup. Engineers and designers can seamlessly transfer their models and physics setups to Ansys HFSS for final design validation.
ANSS develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a spectrum of industries and academia.
In April, the company announced the launch of Ansys Developer portal, which combines the Ansys portfolio into a single digital space with examples and guides. This will help customers extend the simulation workflow across the Ansys portfolio by connecting with Ansys experts.
Previously, the company announced the launch of Ansys Gateway, powered by Amazon Web Services to provide customers with flexible and faster engineering solutions. Customers can use any Ansys application and high-performance computing (employing Ansys Gateway) to reduce cloud cost.
Shares of ANSYS have risen 33.9% in the past year compared with the sub-industry’s growth of 28.5%.
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Zacks Rank & Stocks to Consider
ANSS currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology space are Perion Network PERI, InterDigital IDCC and Blackbaud BLKB, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Perion Network’s 2023 earnings per share (EPS) has increased 5.6% in the past 60 days to $2.84. The company’s long-term earnings growth rate is 25%.
Perion Network’s earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 19.3%. Shares of PERI have risen 76.3% in the past year.
The Zacks Consensus Estimate for InterDigital’s 2023 EPS has increased 249% in the past 60 days to $8.08. The company’s long-term earnings growth rate is 13.9%.
InterDigital’s earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 170.9%. Shares of IDCC have rallied 49.3% in the past year.
The Zacks Consensus Estimate for Blackbaud’s 2023 EPS has improved 9.3% in the past 60 days to $3.75.
Blackbaud’s earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 10.4%. Shares of the company have risen 17.8% in the past year.
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