S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities

PTC (PTC) Stock Price, News & Analysis

$178.62
+0.77 (+0.43%)
(As of 04/16/2024 ET)
Today's Range
$177.52
$179.25
50-Day Range
$176.62
$190.28
52-Week Range
$120.62
$194.24
Volume
701,478 shs
Average Volume
839,316 shs
Market Capitalization
$21.35 billion
P/E Ratio
90.67
Dividend Yield
N/A
Price Target
$196.73

PTC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
10.1% Upside
$196.73 Price Target
Short Interest
Healthy
1.86% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
-0.14mentions of PTC in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$6.46 M Sold Last Quarter
Proj. Earnings Growth
34.58%
From $3.47 to $4.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Computer And Technology Sector

85th out of 591 stocks

Prepackaged Software Industry

20th out of 198 stocks

PTC stock logo

About PTC Stock (NASDAQ:PTC)

PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools. and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a solution provides retailers with a single platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, a portfolio of industrial connectivity solutions helps companies connect diverse automation devices and software applications; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a cloud product development platform that delivers computer-aided design with data management tools. Further, it offers Vuforia, an augmented reality (AR) technology enables the visualization of digital information in a physical context and the creation of AR enabling companies to drive results in manufacturing, service, engineering, and operations; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.

PTC Stock Price History

PTC Stock News Headlines

PTC: Enabling ocean titans
PTC: Valuations Look Stretched
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
PTC (NASDAQ:PTC) PT Raised to $215.00 at Barclays
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
PTC (PTC): New Buy Recommendation for This Technology Giant
PTC (NASDAQ:PTC) Cut to Hold at StockNews.com
Assessing PTC: Insights From 12 Financial Analysts
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
4/16/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:PTC
Previous Symbol
NASDAQ:PMTC
Employees
7,231
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$196.73
High Stock Price Target
$215.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+10.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$245.54 million
Pretax Margin
15.21%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$4.10 per share
Book Value
$22.53 per share

Miscellaneous

Free Float
118,153,000
Market Cap
$21.36 billion
Optionable
Optionable
Beta
1.17

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Should I Buy PTC Stock? PTC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PTC Inc.:

  • PTC Inc. offers a diverse range of software solutions such as Windchill, ThingWorx, and ServiceMax, catering to different aspects of product development and service management.
  • Recent developments in PTC's augmented reality technology, Vuforia, have shown promising results in driving efficiency and innovation in manufacturing, service, and operations.
  • PTC's cloud product development platform, Onshape, provides advanced computer-aided design capabilities with integrated data management tools, enhancing collaboration and productivity.
  • Investors may find PTC's industrial connectivity solutions under the Kepware portfolio appealing, as they help companies connect diverse automation devices and software applications efficiently.
  • Considering the current stock price and market trends, PTC Inc. shows potential for growth and value appreciation in the near future.

Cons

Investors should be bearish about investing in PTC Inc. for these reasons:

  • PTC Inc. operates in a competitive market within the software industry, facing challenges from other established players and emerging technologies.
  • Fluctuations in the global economy and technological advancements may impact the demand for PTC's software solutions, leading to potential revenue uncertainties.
  • While PTC's product offerings are innovative, rapid changes in technology and customer preferences could pose risks to the company's long-term growth and sustainability.
  • Investing in PTC Inc. involves exposure to market volatility and sector-specific risks inherent in the software industry, which may affect investment returns.
  • Considering the dynamic nature of the technology sector, investors should carefully assess the competitive landscape and PTC's ability to adapt to evolving market conditions before making investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 5, 2024. Please send any questions or comments about these PTC pros and cons to contact@marketbeat.com.

PTC Stock Analysis - Frequently Asked Questions

Should I buy or sell PTC stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PTC shares.
View PTC analyst ratings
or view top-rated stocks.

What is PTC's stock price target for 2024?

10 brokers have issued 1-year price objectives for PTC's shares. Their PTC share price targets range from $140.00 to $215.00. On average, they predict the company's share price to reach $196.73 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
View analysts price targets for PTC
or view top-rated stocks among Wall Street analysts.

How have PTC shares performed in 2024?

PTC's stock was trading at $174.96 at the beginning of the year. Since then, PTC stock has increased by 2.1% and is now trading at $178.62.
View the best growth stocks for 2024 here
.

Are investors shorting PTC?

PTC saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,220,000 shares, an increase of 32.9% from the March 15th total of 1,670,000 shares. Based on an average daily volume of 827,900 shares, the short-interest ratio is presently 2.7 days.
View PTC's Short Interest
.

When is PTC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our PTC earnings forecast
.

How can I listen to PTC's earnings call?

PTC will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) issued its quarterly earnings data on Wednesday, January, 31st. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. The technology company had revenue of $550.21 million for the quarter, compared to analyst estimates of $538.59 million. PTC had a trailing twelve-month return on equity of 12.87% and a net margin of 10.86%.

What guidance has PTC issued on next quarter's earnings?

PTC updated its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided EPS guidance of 4.500-5.200 for the period, compared to the consensus earnings per share estimate of 4.880. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.3 billion.

What is Jim Heppelmann's approval rating as PTC's CEO?

783 employees have rated PTC Chief Executive Officer Jim Heppelmann on Glassdoor.com. Jim Heppelmann has an approval rating of 85% among the company's employees.

What other stocks do shareholders of PTC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), PayPal (PYPL), Tesla (TSLA), QUALCOMM (QCOM), Taiwan Semiconductor Manufacturing (TSM), Cisco Systems (CSCO) and Block (SQ).

Who are PTC's major shareholders?

PTC's stock is owned by a variety of institutional and retail investors. Top institutional investors include Perpetual Ltd (0.47%), Congress Asset Management Co. MA (0.05%), Silverberg Bernstein Capital Management LLC (0.04%), Alaska Permanent Fund Corp (0.02%), Czech National Bank (0.02%) and Ballentine Partners LLC (0.01%). Insiders that own company stock include Blake D Moret, Catherine Kniker, Corinna Lathan, James E Heppelmann, Kristian Talvitie, Michael Ditullio, Paul A Lacy, Phillip M Fernandez, Robert Schechter, Staats Aaron C Von and Staats Aaron C Von.
View institutional ownership trends
.

How do I buy shares of PTC?

Shares of PTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PTC have any subsidiaries?
The following companies are subsidiares of PTC: 4C Solutions, Aptavis Technologies Corp., Arbortext, Arena Solutions, Atego, Atego SAS, Auxilium inc., Axeda, Caugnate, CoCreate Software, ColdLight Solutions, ColdLight Solutions LLC, Computervision, Enigma Europe B.V., Enigma Inc, Enigma Information Retrieval Systems Ltd. (UK), ITEDO Software, InPart Design, Kepware Japan KK, Kepware Technologies, MCA Solutions BVBA, MKS Inc, Mathsoft Engineering & Education, NC Graphics (Cambridge) Ltd., NetIDEAS Inc., NetRegulus, OHIO Design Automation, Onshape, PTC (Canada) Inc., PTC (IFSC) Limited, PTC (SSI) dac, PTC Benelux LLC, PTC Eastern Europe Limited S.R.L., PTC Holdings (Europe) B.V., PTC Holdings (NL) B.V., PTC International Inc., PTC International Limited Liability Company, PTC Japan KK, PTC Netherlands C.V., PTC Netherlands LLC, PTC Software (India) Private Limited, PTC Sweden AB, PTC Vuforia Switzerland AG, Parametric Technology (Belgium) b.v.b.a., Parametric Technology (C.R.) s.r.o., Parametric Technology (Denmark) A/S, Parametric Technology (Hong Kong) Ltd., Parametric Technology (India) Private Ltd., Parametric Technology (Republic of Ireland) Ltd., Parametric Technology (Schweiz) AG, Parametric Technology (Shanghai) Software Co. Ltd., Parametric Technology (Slovakia) s.r.o., Parametric Technology (UK) Limited, Parametric Technology Australia Pty. Limited, Parametric Technology Brasil Ltda., Parametric Technology Corporation, Parametric Technology Corporation (Malaysia) Sdn. Bhd., Parametric Technology Espana S.A., Parametric Technology Europe B.V., Parametric Technology Gesellschaft m.b.H., Parametric Technology GmbH, Parametric Technology International Inc., Parametric Technology Israel Ltd., Parametric Technology Italia S.r.l., Parametric Technology Mexico S.A. de C.V., Parametric Technology Nederland B.V., Parametric Technology S.A., Parametric Technology Singapore Pte. Ltd., Parametric Technology South Africa (Propretary) Limited, Parametric Technology Taiwan Ltd., Planet Metrics, Polyplan Technologies, Relex Software, Servigistics, Servigistics (Shanghai) Co. Ltd., Synapsis Technology, ThingWorx, Vuforia, and twnkls.
Read More
This page (NASDAQ:PTC) was last updated on 4/16/2024 by MarketBeat.com Staff

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