PTC's (PTC) Hold Rating Reiterated at Loop Capital

Key Points

• Loop Capital reiterated its “hold” rating on PTC but raised its price target from $200 to $205, implying approximately 42% upside from the prior close.
• PTC has agreed to be acquired by Schneider Electric for $205 per share in cash, valuing the transaction at roughly $22.6 billion to $23.7 billion. The deal remains subject to shareholder, regulatory and other customary approvals.
• Analyst sentiment remains mixed, with seven Buy, six Hold and one Sell rating, resulting in a consensus “Hold” rating and average price target of $172.47. PTC’s latest quarterly revenue declined 6.8% year over year, although EPS narrowly exceeded estimates.

PTC (NASDAQ:PTC - Get Free Report)'s stock had its "hold" rating reiterated by Loop Capital in a research note issued to investors on Monday, Benzinga reports. They currently have a $205.00 target price on the technology company's stock, up from their previous target price of $200.00. Loop Capital's target price would suggest a potential upside of 42.33% from the stock's previous close.

A number of other analysts have also commented on the stock. Piper Sandler cut their price objective on shares of PTC from $175.00 to $157.00 and set a "neutral" rating on the stock in a research report on Thursday, July 30th. Citigroup increased their price objective on shares of PTC from $127.00 to $141.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Rosenblatt Securities restated a "buy" rating and issued a $190.00 price objective on shares of PTC in a report on Thursday, July 30th. BMO Capital Markets upped their target price on PTC from $155.00 to $164.00 and gave the stock an "outperform" rating in a report on Thursday, July 30th. Finally, Wall Street Zen cut PTC from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, PTC has a consensus rating of "Hold" and an average price target of $172.47.

PTC Price Performance

PTC stock opened at $144.03 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $15.63 billion, a P/E ratio of 13.93, a P/E/G ratio of 1.81 and a beta of 0.99. PTC has a fifty-two week low of $108.50 and a fifty-two week high of $206.82. The business has a 50-day moving average of $142.72 and a 200-day moving average of $136.94.

PTC (NASDAQ:PTC - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $611.62 million. During the same quarter last year, the firm earned $1.64 EPS. PTC's revenue for the quarter was down 6.8% compared to the same quarter last year. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. On average, sell-side analysts anticipate that PTC will post 6.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Palladiem LLC acquired a new stake in PTC during the fourth quarter worth approximately $28,000. Keating Financial Advisory Services Inc. acquired a new position in shares of PTC in the second quarter valued at approximately $30,000. Allworth Financial LP acquired a new position in shares of PTC in the second quarter valued at approximately $32,000. Integrated Wealth Concepts LLC bought a new position in shares of PTC during the second quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in PTC during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 95.14% of the company's stock.

Key PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Schneider Electric will pay $205 per PTC share in cash, valuing the transaction at approximately $22.6 billion to $23.7 billion and representing about a 42% premium to PTC’s prior closing price. The offer is the primary reason PTC shares have surged toward the proposed deal price. PTC agrees to Schneider Electric buyout at $205 a share
• Positive Sentiment: The acquisition would combine PTC’s industrial design, product lifecycle management and service-management software with Schneider’s energy-management and automation businesses. Schneider said the deal will create one of the largest industrial-software portfolios and strengthen its position in industrial artificial intelligence. Schneider Electric to Buy Software Maker PTC
• Neutral Sentiment: For PTC shareholders, the cash offer limits further upside largely to the difference between the market price and $205, while the transaction remains subject to customary closing conditions and regulatory and shareholder approvals. Schneider Electric’s shares fell sharply on concerns about the size and financing of its largest-ever acquisition, highlighting execution and integration risks. Schneider Electric shares plunge after PTC deal
• Negative Sentiment: Investor-rights law firm Halper Sadeh said it is investigating whether PTC’s board obtained the best price and adequately protected shareholders. Such inquiries could create delays or add uncertainty, although they do not currently change the announced offer terms. Halper Sadeh PTC 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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