PTC (NASDAQ:PTC) Earns "Sector Weight" Rating from KeyCorp

PTC (NASDAQ:PTC - Get Free Report)'s stock had its "sector weight" rating reissued by research analysts at KeyCorp in a research report issued to clients and investors on Monday, Benzinga reports.

A number of other equities research analysts have also recently issued reports on PTC. BMO Capital Markets boosted their price objective on PTC from $155.00 to $164.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Piper Sandler cut their target price on shares of PTC from $175.00 to $157.00 and set a "neutral" rating for the company in a research report on Thursday, July 30th. Royal Bank Of Canada downgraded shares of PTC from a "buy" rating to a "sector perform" rating and lifted their target price for the stock from $195.00 to $306.00 in a research note on Monday. Loop Capital lowered shares of PTC from a "buy" rating to a "hold" rating and boosted their price target for the company from $200.00 to $205.00 in a research report on Monday. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of PTC in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $180.87.

PTC Stock Performance

Shares of NASDAQ:PTC traded up $48.69 during mid-day trading on Monday, reaching $192.72. The company had a trading volume of 19,385,917 shares, compared to its average volume of 1,538,096. PTC has a one year low of $108.50 and a one year high of $206.82. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. The company's 50-day moving average price is $142.72 and its 200-day moving average price is $136.94. The firm has a market cap of $20.91 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 1.81 and a beta of 0.99.

PTC (NASDAQ:PTC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The business had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. PTC's revenue was down 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, equities research analysts anticipate that PTC will post 6.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Palladiem LLC purchased a new stake in shares of PTC in the fourth quarter worth about $28,000. Cedar Mountain Advisors LLC purchased a new position in PTC during the first quarter valued at approximately $36,000. Keating Financial Advisory Services Inc. purchased a new position in PTC during the second quarter valued at approximately $30,000. Integrated Wealth Concepts LLC bought a new stake in PTC during the 2nd quarter worth approximately $32,000. Finally, Allworth Financial LP bought a new stake in PTC during the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 95.14% of the company's stock.

PTC News Summary

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Schneider Electric agreed to pay $205 per share in cash, valuing PTC’s equity at approximately $22.6 billion and the transaction at about $23.7 billion including net debt. The offer represents a 42.3% premium to PTC’s unaffected closing price and is Schneider’s largest acquisition. Schneider Electric inks $22.6 billion takeover of software maker PTC
• Positive Sentiment: The deal gives PTC shareholders a clear cash exit and reflects strategic demand for industrial software, artificial intelligence and connected-product capabilities. Schneider said the acquisition will create one of the largest industrial-software portfolios. Schneider Electric to Buy Software Maker PTC for $22.6 Billion
• Neutral Sentiment: PTC traded around $193.30, leaving an approximately $11.70 spread to the $205 offer, or roughly 6%. That spread reflects potential merger-arbitrage upside but also risks related to regulatory review, shareholder approval and deal completion. Trading volume was exceptionally heavy at about 13.5 million shares versus an average near 1.5 million.
• Neutral Sentiment: Loop Capital downgraded PTC from “Buy” to “Hold” while raising its price target from $200 to $205, effectively aligning its valuation with the proposed acquisition price. Loop Capital Reaffirms Hold Rating for PTC
• Negative Sentiment: Halper Sadeh LLC announced an investigation into whether PTC’s board obtained a fair price and followed proper procedures. Such reviews can create legal or timing uncertainty, although no wrongdoing has been established. PTC Stock Alert: Halper Sadeh LLC Investigation

PTC Company Profile

PTC Inc NASDAQ: PTC develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC's primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.

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