PTC Inc. (NASDAQ:PTC) Given Average Rating of "Hold" by Brokerages

Key Points

• PTC has a consensus “Hold” rating among 14 analysts: seven rate it a buy, six a hold and one a sell. The average 12-month price target is approximately $170.14.
• Recent analyst actions were mixed, with Stifel and Piper Sandler cutting targets while BMO Capital Markets and Citigroup raised theirs; targets now range from $141 to $170.
• PTC’s latest quarterly EPS of $1.58 narrowly exceeded estimates, but revenue fell 6.8% year over year to $600.05 million, below expectations. Institutional investors own 95.14% of the company.

PTC Inc. (NASDAQ:PTC - Get Free Report) has earned a consensus rating of "Hold" from the fourteen analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $170.1429.

PTC has been the topic of a number of analyst reports. Berenberg Bank set a $170.00 target price on shares of PTC in a research note on Wednesday, May 27th. Stifel Nicolaus decreased their price target on PTC from $180.00 to $165.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. 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 report on Thursday, July 30th. Citigroup upped their price objective on PTC from $127.00 to $141.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Finally, Piper Sandler decreased their target price on PTC from $175.00 to $157.00 and set a "neutral" rating on the stock in a research note on Thursday, July 30th.

PTC Stock Down 6.0%

NASDAQ PTC opened at $141.02 on Friday. The stock's 50-day moving average price is $136.68 and its 200-day moving average price is $140.02. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC has a 52 week low of $108.50 and a 52 week high of $215.49. The company has a market capitalization of $15.30 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 1.93 and a beta of 1.00.

PTC (NASDAQ:PTC - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. During the same period in the prior year, the firm posted $1.64 EPS. The firm's quarterly revenue 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, equities research analysts predict that PTC will post 6.54 earnings per share for the current year.

Hedge Funds Weigh In On PTC

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Elyxium Wealth LLC bought a new stake in PTC in the 4th quarter valued at $27,000. Palladiem LLC purchased a new position in shares of PTC during the fourth quarter valued at about $28,000. DV Equities LLC bought a new stake in shares of PTC in the fourth quarter worth about $29,000. Keating Financial Advisory Services Inc. bought a new stake in shares of PTC in the second quarter worth about $30,000. Finally, Allworth Financial LP purchased a new stake in shares of PTC in the second quarter worth about $32,000. Institutional investors own 95.14% of the company's stock.

PTC Company Profile

PTC Inc NASDAQ: PTC is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.

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