S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Mistrial declared in Delaware lawsuit blaming landscaper's cancer on use of Roundup weedkiller
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Mistrial declared in Delaware lawsuit blaming landscaper's cancer on use of Roundup weedkiller
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Mistrial declared in Delaware lawsuit blaming landscaper's cancer on use of Roundup weedkiller
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Mistrial declared in Delaware lawsuit blaming landscaper's cancer on use of Roundup weedkiller
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US

PTC (PTC) Stock Price, News & Analysis

$187.76
+4.75 (+2.60%)
(As of 03/1/2024 ET)
Today's Range
$182.95
$188.75
50-Day Range
$165.85
$187.76
52-Week Range
$115.44
$188.75
Volume
1.20 million shs
Average Volume
925,772 shs
Market Capitalization
$22.45 billion
P/E Ratio
95.31
Dividend Yield
N/A
Price Target
$191.82

PTC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
2.2% Upside
$191.82 Price Target
Short Interest
Healthy
1.42% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.33mentions of PTC in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$6.71 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.

4.38 out of 5 stars

Computer And Technology Sector

118th out of 595 stocks

Prepackaged Software Industry

27th out of 206 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Q4 2023 PTC Therapeutics Inc Earnings Call
What Wall Street expects from PTC Therapeutics's earnings
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
PTC Will Participate in Upcoming Investor Conferences
PTC Is Great. Here's Why You Shouldn't Buy It
PTC Is Great. Here's Why You Shouldn't Buy It
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
3/02/2024
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
+2.2%
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
$4.25 per share
Book Value
$23.48 per share

Miscellaneous

Free Float
118,153,000
Market Cap
$22.45 billion
Optionable
Optionable
Beta
1.17

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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 27, 2024 at 3:59 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 and service management.
  • Recent developments in PTC's augmented reality technology, Vuforia, have shown promising results in driving results in manufacturing, service, engineering, and operations.
  • PTC's cloud product development platform, Onshape, provides computer-aided design with data management tools, enhancing digital design capabilities for product models.
  • With a strong focus on Industrial Internet of Things through ThingWorx, PTC is well-positioned to capitalize on the growing IoT market.
  • Considering the current stock price and the company's innovative product portfolio, PTC presents a potentially lucrative investment opportunity for those interested in the tech sector.

Cons

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

  • PTC operates in a highly competitive market within the software industry, facing competition from established players and emerging startups.
  • Market volatility and economic uncertainties could impact PTC's financial performance and stock value, posing risks to investors.
  • Fluctuations in demand for software solutions and technological advancements may require continuous investments in research and development, affecting profitability.
  • Regulatory changes or compliance issues in different regions where PTC operates could create challenges for the company's operations and growth prospects.
  • Investors need to carefully assess the overall market conditions and PTC's strategic decisions to make informed investment choices, considering both opportunities and risks.














PTC Stock Analysis - Frequently Asked Questions

Should I buy or sell PTC stock right now?

10 Wall Street equities research 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 equities research 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 brokers have issued 1-year target prices for PTC's shares. Their PTC share price targets range from $140.00 to $210.00. On average, they predict the company's stock price to reach $191.82 in the next year. This suggests a possible upside of 2.2% 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 on January 1st, 2024. Since then, PTC shares have increased by 7.3% and is now trading at $187.76.
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 quarterly earnings data on Wednesday, January, 31st. The technology company reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. The technology company earned $550.21 million during the quarter, compared to the consensus estimate 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 issued an update on its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share 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 number of institutional and retail 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 3/2/2024 by MarketBeat.com Staff