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MarketBeat Week in Review – 2/19 - 2/23
U.S. "Shadow Banks" About to Blow up again? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Critical asset just had biggest fall on record (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
U.S. "Shadow Banks" About to Blow up again? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
U.S. "Shadow Banks" About to Blow up again? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Critical asset just had biggest fall on record (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
U.S. "Shadow Banks" About to Blow up again? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
U.S. "Shadow Banks" About to Blow up again? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Critical asset just had biggest fall on record (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
U.S. "Shadow Banks" About to Blow up again? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
U.S. "Shadow Banks" About to Blow up again? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies

PTC (PTC) Stock Price, News & Analysis

$180.94
+1.56 (+0.87%)
(As of 02/23/2024 ET)
Today's Range
$178.87
$181.74
50-Day Range
$165.85
$184.85
52-Week Range
$115.44
$185.07
Volume
811,724 shs
Average Volume
996,401 shs
Market Capitalization
$21.63 billion
P/E Ratio
91.85
Dividend Yield
N/A
Price Target
$191.82

PTC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
6.0% Upside
$191.82 Price Target
Short Interest
Healthy
1.15% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.95mentions of PTC in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$12.36 M Sold Last Quarter
Proj. Earnings Growth
35.82%
From $3.49 to $4.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Computer And Technology Sector

80th out of 582 stocks

Prepackaged Software Industry

18th out of 200 stocks

PTC stock logo

About PTC Stock (NASDAQ:PTC)

PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools. and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a solution provides retailers with a single platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, a portfolio of industrial connectivity solutions helps companies connect diverse automation devices and software applications; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a cloud product development platform that delivers computer-aided design with data management tools. Further, it offers Vuforia, an augmented reality (AR) technology enables the visualization of digital information in a physical context and the creation of AR enabling companies to drive results in manufacturing, service, engineering, and operations; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.

PTC Stock Price History

PTC Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
PTC Is Great. Here's Why You Shouldn't Buy It
PTC Is Great. Here's Why You Shouldn't Buy It
PTC Inc.: Exposure To Multiple Key Growth Verticals
PTC Inc CEO James Heppelmann Sells 35,000 Shares
PTC Feb 2024 210.000 call
PTC (PTC) Q1 2024 Earnings Call Transcript
PTC First Quarter 2024 Earnings: Beats Expectations
PTC's Q1 Earnings Beat Estimates, Revenues Increase Y/Y
PTC price target raised by $5 at BMO Capital, here's why
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
2/23/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:PTC
Previous Symbol
NASDAQ:PMTC
Employees
7,231
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$191.82
High Stock Price Target
$210.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+6.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$245.54 million
Pretax Margin
15.21%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$4.24 per share
Book Value
$23.48 per share

Miscellaneous

Free Float
118,153,000
Market Cap
$21.63 billion
Optionable
Optionable
Beta
1.19

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Should I Buy PTC Stock? PTC Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of PTC was last updated on Tuesday, February 20, 2024 at 4:04 PM.

Pros

Here are some ways that investors could benefit from investing in PTC Inc.:

  • PTC Inc. offers a diverse range of software solutions such as Windchill, ThingWorx, and ServiceMax, catering to different aspects of product development, IoT, and field service management.
  • With a strong focus on Industrial Internet of Things (IIoT) through ThingWorx, PTC Inc. is positioned well to capitalize on the growing trend of connectivity and automation in industries.
  • PTC Inc.'s augmented reality (AR) technology, Vuforia, provides innovative solutions for visualization and digital information in physical contexts, offering unique opportunities for growth and market differentiation.
  • Recent financial reports indicate a positive trend in revenue growth and profitability, reflecting the company's ability to deliver value to shareholders.
  • PTC Inc.'s continuous investment in research and development ensures a pipeline of cutting-edge products and technologies, enhancing its competitive edge in the market.

Cons

Investors should be bearish about investing in PTC Inc. for these reasons:

  • Market competition in the software industry is intense, with established players and new entrants constantly vying for market share, potentially impacting PTC Inc.'s growth prospects.
  • Fluctuations in global economic conditions and technological advancements may pose risks to PTC Inc.'s business operations and revenue streams.
  • Dependency on key products like Windchill and ThingWorx for a significant portion of revenue exposes PTC Inc. to risks associated with product lifecycle changes and market demand shifts.
  • Investors should carefully monitor the stock price of PTC Inc. and consider factors such as market volatility, industry trends, and company performance before making investment decisions.
  • Regulatory changes, cybersecurity threats, and data privacy concerns in the software industry could impact PTC Inc.'s operations and financial performance, requiring proactive risk management strategies.














PTC Stock Analysis - Frequently Asked Questions

Should I buy or sell PTC stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PTC shares.
View PTC analyst ratings
or view top-rated stocks.

What is PTC's stock price target for 2024?

10 Wall Street analysts have issued twelve-month price objectives for PTC's stock. Their PTC share price targets range from $140.00 to $210.00. On average, they predict the company's share price to reach $191.82 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for PTC
or view top-rated stocks among Wall Street analysts.

How have PTC shares performed in 2024?

PTC's stock was trading at $174.96 at the beginning of the year. Since then, PTC shares have increased by 3.4% and is now trading at $180.94.
View the best growth stocks for 2024 here
.

When is PTC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our PTC earnings forecast
.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) issued its earnings results on Wednesday, January, 31st. The technology company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. The technology company had revenue of $550.21 million for the quarter, compared to analyst estimates of $538.59 million. PTC had a trailing twelve-month return on equity of 12.87% and a net margin of 10.86%.

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

PTC updated its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of 4.500-5.200 for the period, compared to the consensus EPS estimate of 4.880. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.3 billion.

What is Jim Heppelmann's approval rating as PTC's CEO?

783 employees have rated PTC Chief Executive Officer Jim Heppelmann on Glassdoor.com. Jim Heppelmann has an approval rating of 85% among the company's employees.

What other stocks do shareholders of PTC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), PayPal (PYPL), Tesla (TSLA), QUALCOMM (QCOM), Taiwan Semiconductor Manufacturing (TSM), Cisco Systems (CSCO) and Block (SQ).

Who are PTC's major shareholders?

PTC's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.32%), FIL Ltd (1.38%), Ownership Capital B.V. (1.14%), Impax Asset Management Group plc (1.04%), Northern Trust Corp (1.02%) and Franklin Resources Inc. (1.00%). Insiders that own company stock include Blake D Moret, Catherine Kniker, Corinna Lathan, James E Heppelmann, Kristian Talvitie, Michael Ditullio, Paul A Lacy, Phillip M Fernandez, Robert Schechter, Staats Aaron C Von and Staats Aaron C Von.
View institutional ownership trends
.

How do I buy shares of PTC?

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

Does PTC have any subsidiaries?
The following companies are subsidiares of PTC: 4C Solutions, Aptavis Technologies Corp., Arbortext, Arena Solutions, Atego, Atego SAS, Auxilium inc., Axeda, Caugnate, CoCreate Software, ColdLight Solutions, ColdLight Solutions LLC, Computervision, Enigma Europe B.V., Enigma Inc, Enigma Information Retrieval Systems Ltd. (UK), ITEDO Software, InPart Design, Kepware Japan KK, Kepware Technologies, MCA Solutions BVBA, MKS Inc, Mathsoft Engineering & Education, NC Graphics (Cambridge) Ltd., NetIDEAS Inc., NetRegulus, OHIO Design Automation, Onshape, PTC (Canada) Inc., PTC (IFSC) Limited, PTC (SSI) dac, PTC Benelux LLC, PTC Eastern Europe Limited S.R.L., PTC Holdings (Europe) B.V., PTC Holdings (NL) B.V., PTC International Inc., PTC International Limited Liability Company, PTC Japan KK, PTC Netherlands C.V., PTC Netherlands LLC, PTC Software (India) Private Limited, PTC Sweden AB, PTC Vuforia Switzerland AG, Parametric Technology (Belgium) b.v.b.a., Parametric Technology (C.R.) s.r.o., Parametric Technology (Denmark) A/S, Parametric Technology (Hong Kong) Ltd., Parametric Technology (India) Private Ltd., Parametric Technology (Republic of Ireland) Ltd., Parametric Technology (Schweiz) AG, Parametric Technology (Shanghai) Software Co. Ltd., Parametric Technology (Slovakia) s.r.o., Parametric Technology (UK) Limited, Parametric Technology Australia Pty. Limited, Parametric Technology Brasil Ltda., Parametric Technology Corporation, Parametric Technology Corporation (Malaysia) Sdn. Bhd., Parametric Technology Espana S.A., Parametric Technology Europe B.V., Parametric Technology Gesellschaft m.b.H., Parametric Technology GmbH, Parametric Technology International Inc., Parametric Technology Israel Ltd., Parametric Technology Italia S.r.l., Parametric Technology Mexico S.A. de C.V., Parametric Technology Nederland B.V., Parametric Technology S.A., Parametric Technology Singapore Pte. Ltd., Parametric Technology South Africa (Propretary) Limited, Parametric Technology Taiwan Ltd., Planet Metrics, Polyplan Technologies, Relex Software, Servigistics, Servigistics (Shanghai) Co. Ltd., Synapsis Technology, ThingWorx, Vuforia, and twnkls.
Read More
This page (NASDAQ:PTC) was last updated on 2/24/2024 by MarketBeat.com Staff

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