NASDAQ:PTC

PTC Stock Forecast, Price & News

$130.88

0.00 (0.00 %)

(As of 01/25/2021 12:00 AM ET)

Add

Compare

Today's Range

$127.78

Now: $130.88▼

$132.83

50-Day Range

$111.15

MA: $121.02▼

$130.88

52-Week Range

$43.90

Now: $130.88▼

$132.83

Volume631,646 shs

Average Volume726,049 shs

Market Capitalization$15.27 billion

P/E Ratio115.82

Dividend YieldN/A

Beta1.33

PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an IIoT platform that enables customers to address digital transformation of their operations, products, and services; ThingWorx Solution Central, a centralized portal in the cloud that allows users of ThingWorx to discover, deploy, and manage ThingWorx applications; and ThingWorx Kepware, which enables users to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio, a cloud-based tool that enables industrial enterprises to author and publish augmented reality (AR) experiences; Vuforia Expert Capture that chronicles the real-time movements of a person wearing an AR headset; Vuforia Engine technology for application development; Vuforia Chalk, a collaboration and remote assistance solution; and Vuforia Spatial Toolbox technology to accelerate the development of spatial computing prototypes and use cases. In addition, it offers Onshape, a cloud-native multi-tenant platform that unites computer-aided design with data management, collaboration tools, and real-time analytics; Creo, a suite of product design software, which provides capabilities for design, real-time simulation, additive manufacturing, design flexibility, advanced assembly design, piping and cabling design, advanced surfacing, virtual prototyping, and other design functions; and Windchill, a product lifecycle management software. Further, the company provides Integrity, an application lifecycle management solution; Servigistics, service parts management solution; and consulting, implementation, training, cloud, and license and support services. 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 Boston, Massachusetts.

MarketRank^™

Overall MarketRank^™

1.76 out of 5 stars

Computer And Technology Sector

145th out of 1,501 stocks

Prepackaged Software Industry

26th out of 284 stocks

2.4 Analyst's Opinion

Consensus Rating
PTC has received a consensus rating of Buy. The company's average rating score is 2.76, and is based on 13 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $112.69, PTC has a forecasted downside of 13.9% from its current price of $130.88.
Amount of Analyst Coverage
PTC has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
PTC has received 561 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
PTC has received 418 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
PTC has received 57.30% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
PTC does not currently pay a dividend.
Dividend Growth
PTC does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PTC insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,000,189.00 in company stock.
Percentage Held by Insiders
Only 10.02% of the stock of PTC is held by insiders.
Percentage Held by Institutions
83.96% of the stock of PTC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for PTC are expected to grow by 47.44% in the coming year, from $1.56 to $2.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PTC is 115.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of PTC is 115.82, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 86.30.
Price to Earnings Growth Ratio
PTC has a PEG Ratio of 5.19. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
PTC has a P/B Ratio of 10.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:PTC

Previous SymbolNASDAQ:PMTC

CUSIPN/A

CIK857005

Webwww.ptc.com

Phone781-370-5000

Employees6,243

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.70

Current Ratio1.22

Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio115.82

Forward P/E Ratio83.90

P/E Growth5.19

Sales & Book Value

Annual Sales$1.46 billion

Price / Sales10.47

Cash Flow$3.03 per share

Price / Cash Flow43.24

Book Value$12.39 per share

Price / Book10.56

Profitability

EPS (Most Recent Fiscal Year)$1.85

Net Income$130.70 million

Net Margins8.96%

Return on Equity16.53%

Return on Assets6.29%

Miscellaneous

Outstanding Shares116,663,000

Market Cap$15.27 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$130.88

0.00 (0.00 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive PTC News and Ratings via Email

Sign-up to receive the latest news and ratings for PTC and its competitors with MarketBeat's FREE daily newsletter.

PTC (NASDAQ:PTC) Frequently Asked Questions

How has PTC's stock been impacted by Coronavirus (COVID-19)?

PTC's stock was trading at $59.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PTC stock has increased by 119.2% and is now trading at $130.88.
View which stocks have been most impacted by COVID-19.

Is PTC a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PTC stock.
View analyst ratings for PTC or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than PTC?

Wall Street analysts have given PTC a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PTC wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

783 employees have rated PTC CEO Jim Heppelmann on Glassdoor.com. Jim Heppelmann has an approval rating of 85% among PTC's employees.

When is PTC's next earnings date?

PTC is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for PTC.

How can I listen to PTC's earnings call?

PTC will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) posted its earnings results on Wednesday, October, 28th. The technology company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.35 by $0.43. The technology company earned $390.98 million during the quarter, compared to analyst estimates of $355.93 million. PTC had a trailing twelve-month return on equity of 16.53% and a net margin of 8.96%.
View PTC's earnings history.

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

PTC issued an update on its FY21 earnings guidance on Wednesday, October, 28th. The company provided earnings per share (EPS) guidance of $2.65 to $2.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.86. The company issued revenue guidance of $1.385 billion to $1.420 billion, compared to the consensus revenue estimate of $1.58 billion.

What price target have analysts set for PTC?

17 brokers have issued 12 month target prices for PTC's stock. Their forecasts range from $53.00 to $150.00. On average, they anticipate PTC's stock price to reach $112.69 in the next year. This suggests that the stock has a possible downside of 13.9%.
View analysts' price targets for PTC or view Wall Street analyst' top-rated stocks.

Who are some of PTC's key competitors?

Some companies that are related to PTC include Twilio (TWLO), VMware (VMW), Dassault Systèmes (DASTY), CrowdStrike (CRWD), DocuSign (DOCU), Veeva Systems (VEEV), Electronic Arts (EA), Synopsys (SNPS), Unity Software (U), Cadence Design Systems (CDNS), Okta (OKTA), Datadog (DDOG), ANSYS (ANSS), Atlassian (TEAM) and Splunk (SPLK).
View all of PTC's 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 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 Square (SQ).

Who are PTC's key executives?

PTC's management team includes the following people:

Mr. James E. Heppelmann, Pres, CEO, Member of National First Exec. Advisory Board & Director (Age 56, Pay $808.55k)
Mr. Kristian P. Talvitie, Exec. VP & CFO (Age 50, Pay $348.44k)
Mr. Aaron C. Von Staats, Exec. VP, Gen. Counsel & Sec. (Age 54, Pay $383.37k)
Ms. Kathleen Mitford, EVP & Chief Strategy Officer (Age 47, Pay $383.44k)
Mr. Troy K. Richardson, Exec. VP & COO
Mr. Steve Dertien, CTO & Exec. VP
Mr. Michael DiTullio, Exec. VP Sales & Commercial Marketing
Ms. Jill Larsen, Chief People Officer & Exec. VP
Mr. Gary Smith, Sr. VP of WW Channel Sales & Programs
Mr. Michael M. Campbell, Exec. VP & GM of Augmented Reality Products

What is PTC's stock symbol?

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

Who are PTC's major shareholders?

PTC's stock is owned by many different retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.27%), Candriam Luxembourg S.C.A. (0.26%), Capital Investment Services of America Inc. (0.20%), DNB Asset Management AS (0.17%), New York State Teachers Retirement System (0.11%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own PTC stock include Andrew Miller, Corinna Lathan, Donald K Grierson, Eduarda Camacho, James E Heppelmann, Kathleen Mitford, Kristian Talvitie, Matthew Lessner Cohen, Michael Ditullio, Phillip M Fernandez and Staats Aaron C Von.
View institutional ownership trends for PTC.

Which institutional investors are selling PTC stock?

PTC stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Pacer Advisors Inc., New York State Teachers Retirement System, Strs Ohio, and State of Alaska Department of Revenue. Company insiders that have sold PTC company stock in the last year include Corinna Lathan, Eduarda Camacho, James E Heppelmann, Kathleen Mitford, Kristian Talvitie, Michael Ditullio, and Phillip M Fernandez.
View insider buying and selling activity for PTC or view top insider-selling stocks.

Which institutional investors are buying PTC stock?

PTC stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Candriam Luxembourg S.C.A., DAVENPORT & Co LLC, Toth Financial Advisory Corp, Capital Investment Services of America Inc., Kestra Advisory Services LLC, James Hambro & Partners, and Tributary Capital Management LLC.
View insider buying and selling activity for PTC or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PTC's stock price today?

One share of PTC stock can currently be purchased for approximately $130.88.

How big of a company is PTC?

PTC has a market capitalization of $15.27 billion and generates $1.46 billion in revenue each year. The technology company earns $130.70 million in net income (profit) each year or $1.85 on an earnings per share basis. PTC employs 6,243 workers across the globe.

What is PTC's official website?

The official website for PTC is 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]

This page was last updated on 1/26/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here