NASDAQ:PTC - PTC Stock Price, News, & Analysis

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$83.85 -2.99 (-3.44 %)
(As of 05/21/2019 04:53 AM ET)
Previous Close$86.84
Today's Range$83.40 - $86.01
52-Week Range$76.67 - $107.44
Volume811,446 shs
Average Volume1.19 million shs
Market Capitalization$9.65 billion
P/E Ratio93.17
Dividend YieldN/A
Beta1.21
PTC Inc. operates as software and services company in Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio tool for industrial enterprises to author and publish augmented reality experiences; and Creo, an interoperable suite of product design software for design engineers. In addition, it offers Windchill that provides product lifecycle management capabilities; ThingWorx Navigate for complete, contextual, up-to-date, and accurate product information; Integrity solution to manage system models, software configurations, test plans, and defects; and Servigistics, a suite that enables service parts management and customers to continuously enhance their products and services. Further, the company provides consulting, implementation, training, cloud, and license and support services. PTC Inc. markets its products primarily through professionals, third-party resellers, and strategic partners. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Needham, Massachusetts.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:PTC
Previous SymbolNASDAQ:PMTC
CUSIPN/A
Phone781-370-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.5821 per share
Book Value$10.85 per share

Profitability

Net Income$51.98 million

Miscellaneous

Employees6,110
Market Cap$9.65 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

PTC (NASDAQ:PTC) Frequently Asked Questions

What is PTC's stock symbol?

PTC trades on the NASDAQ under the ticker symbol "PTC."

How will PTC's stock buyback program work?

PTC declared that its board has initiated a stock repurchase plan on Wednesday, September 20th 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were PTC's earnings last quarter?

PTC Inc (NASDAQ:PTC) announced its quarterly earnings data on Wednesday, April, 24th. The technology company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.03. The technology company earned $315.50 million during the quarter, compared to the consensus estimate of $312.29 million. PTC had a net margin of 3.06% and a return on equity of 11.68%. PTC's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 earnings per share. View PTC's Earnings History.

When is PTC's next earnings date?

PTC is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for PTC.

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

PTC updated its FY19 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of $1.75-1.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.79. The company issued revenue guidance of $1.313-1.325 billion, compared to the consensus revenue estimate of $1.33 billion.PTC also updated its FY 2019 guidance to $1.45-1.70 EPS.

What price target have analysts set for PTC?

15 brokerages have issued 1 year price targets for PTC's shares. Their forecasts range from $78.00 to $120.00. On average, they anticipate PTC's share price to reach $103.5333 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for PTC.

What is the consensus analysts' recommendation for PTC?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 2 sell ratings, 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PTC.

What are Wall Street analysts saying about PTC stock?

Here are some recent quotes from research analysts about PTC stock:
  • 1. According to Zacks Investment Research, "PTC Inc. develops, markets, and supports software solutions. The company offers enterprise solutions and desktop solutions. Its principal Enterprise Solutions are Windchill, Arbortext, Creo View and Integrity. The Company's Desktop Solutions include its integrated Creo software suite, its Mathcad engineering calculations software and its Arbortext document authoring tools. It also offers consultation, implementation, training, and maintenance services. PTC Inc., formerly known as Parametric Technology Corporation, is headquartered in Needham, Massachusetts. " (4/30/2019)
  • 2. Evercore ISI analysts commented, "We believe that the long-term fundamentals remain materially unchanged and continue to see material opportunity for upside. Near-term sentiment is likely to be mixed but we view this as a buying opportunity. Remain Outperform rated with $110PT." (4/28/2019)

Has PTC been receiving favorable news coverage?

Press coverage about PTC stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PTC earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of PTC's key competitors?

What other stocks do shareholders of PTC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include Square (SQ), Paypal (PYPL), NVIDIA (NVDA), Micron Technology (MU), Starbucks (SBUX), Sony (SNE), Lululemon Athletica (LULU), STMicroelectronics (STM), Taiwan Semiconductor Mfg. (TSM) and Adobe (ADBE).

Who are PTC's key executives?

PTC's management team includes the folowing people:
  • Mr. James E. Heppelmann, Pres, CEO, Director & Member of National First Exec. Advisory Board (Age 55)
  • Mr. Andrew D. Miller, Exec. VP & CFO (Age 59)
  • Dr. Barry F. Cohen, Exec. VP & Chief Strategy Officer (Age 75)
  • Mr. Matthew Lessner Cohen, Exec. VP of Field Operations (Age 43)
  • Ms. Kathleen Mitford, Exec. VP of Products (Age 46)

Who are PTC's major shareholders?

PTC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.57%), FMR LLC (7.28%), Select Equity Group L.P. (2.36%), OZ Management LP (2.18%), Wellington Management Group LLP (2.25%) and Goldman Sachs Group Inc. (1.73%). Company insiders that own PTC stock include Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Kathleen Mitford, Matthew Lessner Cohen, Paul A Lacy, Phillip M Fernandez, Robert Schechter and Staats Aaron C Von. View Institutional Ownership Trends for PTC.

Which major investors are selling PTC stock?

PTC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Neuberger Berman Group LLC, Select Equity Group L.P., First Trust Advisors LP, Victory Capital Management Inc., Sumitomo Mitsui Asset Management Company LTD and Macquarie Group Ltd.. Company insiders that have sold PTC company stock in the last year include Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Kathleen Mitford, Matthew Lessner Cohen, Phillip M Fernandez, Robert Schechter and Staats Aaron C Von. View Insider Buying and Selling for PTC.

Which major investors are buying PTC stock?

PTC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, OZ Management LP, Marshall Wace LLP, Pictet Asset Management Ltd., Marshall Wace North America L.P., Westwood Management Corp IL and Eagle Asset Management Inc.. View Insider Buying and Selling for PTC.

How do I buy shares of PTC?

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

What is PTC's stock price today?

One share of PTC stock can currently be purchased for approximately $83.85.

How big of a company is PTC?

PTC has a market capitalization of $9.65 billion and generates $1.24 billion in revenue each year. The technology company earns $51.98 million in net income (profit) each year or $0.90 on an earnings per share basis. PTC employs 6,110 workers across the globe.

What is PTC's official website?

The official website for PTC is http://www.ptc.com.

How can I contact PTC?

PTC's mailing address is 121 SEAPORT BOULEVARD, BOSTON MA, 02210. The technology company can be reached via phone at 781-370-5000 or via email at [email protected]


MarketBeat Community Rating for PTC (NASDAQ PTC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  454 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  767
MarketBeat's community ratings are surveys of what our community members think about PTC and other stocks. Vote "Outperform" if you believe PTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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