PTC (NASDAQ:PTC) Sets New 1-Year Low - Here's What Happened

Key Points

• PTC hit a new 52-week low, trading as low as $133.61 and last at $134.93 (down about 4.5%) on volume of 197,581 shares.
• Several analysts have cut ratings and price targets (including Citigroup and JPMorgan), but the consensus remains a "Moderate Buy" with a $182.08 average target (11 Buys, 5 Holds, 1 Sell).
• Despite the share weakness, PTC beat quarterly expectations with $1.92 EPS vs. $1.59 est. and $685.8M revenue (up 21.4% YoY), and provided Q2 EPS guidance of $1.93–$2.54.

PTC Inc. (NASDAQ:PTC - Get Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $133.61 and last traded at $134.9250, with a volume of 197581 shares changing hands. The stock had previously closed at $139.19.

Wall Street Analysts Forecast Growth

PTC has been the subject of a number of recent analyst reports. Citigroup dropped their price objective on PTC from $181.00 to $166.00 and set a "neutral" rating for the company in a report on Friday, February 6th. Weiss Ratings cut PTC from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, January 12th. Rosenblatt Securities lowered their target price on PTC from $200.00 to $190.00 and set a "buy" rating for the company in a report on Wednesday, March 18th. Stifel Nicolaus set a $180.00 target price on PTC in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. cut PTC from a "neutral" rating to an "underweight" rating and lowered their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $182.08.

PTC Stock Down 4.5%

The firm has a market capitalization of $15.83 billion, a PE ratio of 19.44, a PEG ratio of 2.48 and a beta of 1.06. The company has a fifty day simple moving average of $152.45 and a two-hundred day simple moving average of $172.27. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22.

PTC (NASDAQ:PTC - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The firm had revenue of $685.83 million during the quarter, compared to analyst estimates of $635.44 million. During the same period in the previous year, the company posted $1.10 EPS. The business's revenue for the quarter was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

Insider Transactions at PTC

In related news, Director Corinna Lathan sold 675 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the sale, the director owned 8,429 shares of the company's stock, valued at $1,325,375.96. This trade represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Staats Aaron C. Von sold 240 shares of the firm's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by company insiders.

Institutional Investors Weigh In On PTC

A number of institutional investors have recently added to or reduced their stakes in PTC. Skandinaviska Enskilda Banken AB publ increased its position in PTC by 8.0% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 90,828 shares of the technology company's stock valued at $18,444,000 after buying an additional 6,724 shares in the last quarter. Daiwa Securities Group Inc. increased its position in PTC by 13.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 74,128 shares of the technology company's stock valued at $12,775,000 after buying an additional 8,786 shares in the last quarter. Nordea Investment Management AB increased its position in PTC by 25.9% during the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company's stock valued at $47,136,000 after buying an additional 55,485 shares in the last quarter. J. Safra Sarasin Holding AG increased its position in PTC by 15.4% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 46,966 shares of the technology company's stock valued at $9,535,000 after buying an additional 6,281 shares in the last quarter. Finally, Dakota Wealth Management increased its position in PTC by 31.2% during the 3rd quarter. Dakota Wealth Management now owns 38,975 shares of the technology company's stock valued at $7,913,000 after buying an additional 9,279 shares in the last quarter. 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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