NASDAQ:PTC - PTC Stock Price, Forecast & News

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

PTC Inc (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, January, 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.13. The technology company earned $356.10 million during the quarter, compared to the consensus estimate of $342.74 million. PTC had a return on equity of 13.16% and a net margin of 3.38%. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.57 EPS. View PTC's Earnings History.

PTC is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for PTC.

PTC issued an update on its FY20 earnings guidance on Wednesday, January, 22nd. The company provided EPS guidance of $2.15-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.15. The company issued revenue guidance of $1.445-1.525 billion, compared to the consensus revenue estimate of $1.46 billion.

15 brokerages have issued twelve-month price targets for PTC's shares. Their forecasts range from $65.00 to $111.00. On average, they expect PTC's share price to reach $93.08 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets 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, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PTC.

News stories about PTC stock have been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PTC earned a media sentiment score of -3.7 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for PTC.

Some companies that are related to PTC include Electronic Arts (EA), Square (SQ), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), NortonLifeLock (NLOK), Check Point Software Technologies (CHKP), Symantec (SYMC), Citrix Systems (CTXS), Twilio (TWLO), SS&C Technologies (SSNC) and Atlassian (TEAM).

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include NVIDIA (NVDA), Paypal (PYPL), Lululemon Athletica (LULU), Micron Technology (MU), Alibaba Group (BABA), Adobe (ADBE), Starbucks (sbux), Square (SQ), STMicroelectronics (STM) and Teradyne (TER).

PTC's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.50%), Peregrine Capital Management LLC (0.36%), Capital Investment Services of America Inc. (0.19%), DNB Asset Management AS (0.13%), Gateway Investment Advisers LLC (0.04%) and First National Bank of Omaha (0.03%). 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, Phillip M Fernandez, Robert Schechter and Staats Aaron C Von. View Institutional Ownership Trends for PTC.

PTC stock was sold by a variety of institutional investors in the last quarter, including Exane Derivatives, Gateway Investment Advisers LLC, Peregrine Capital Management LLC, Tocqueville Asset Management L.P., State of Alaska Department of Revenue, Addison Capital Co, Sumitomo Mitsui DS Asset Management Company Ltd and IFM Investors Pty Ltd. Company insiders that have sold PTC company stock in the last year include Andrew Miller, Corinna Lathan, Donald K Grierson, James E Heppelmann, Kathleen Mitford, Matthew Lessner Cohen, Phillip M Fernandez and Staats Aaron C Von. View Insider Buying and Selling for PTC.

PTC stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, DNB Asset Management AS, Sciencast Management LP, AE Wealth Management LLC, First National Bank of Omaha, Capital Investment Services of America Inc., Sumitomo Life Insurance Co. and State of Michigan Retirement System. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PTC stock can currently be purchased for approximately $86.05.

PTC has a market capitalization of $9.94 billion and generates $1.26 billion in revenue each year. The technology company earns $-27,460,000.00 in net income (profit) each year or $0.91 on an earnings per share basis. PTC employs 6,055 workers across the globe.View Additional Information About PTC.

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

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]