PTC Inc. develops and delivers software products and solutions worldwide. It operates through three segments: IoT Group, Solutions Group, and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things (IoT) applications and augmented reality (AR) experiences; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications. It also provides Vuforia Studio tool for industrial enterprises to rapidly author and publish AR experiences; Vuforia, an AR technology platform to build applications that see and interact with things; Creo, an interoperable suite of product design software for design engineers; and Mathcad software for solving, analyzing, and sharing vital engineering calculations. 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 Creo View solution to share 3D computer-aided design information, and support drawings and documents from a multitude of sources. Further, it provides Servigistics, a suite of software products that enable a systematic approach to service lifecycle management; and Servigistics Arbortext, an enterprise software suite which allows manufacturers to create, illustrate, manage, and publish technical and service parts information, as well as offers 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:PTC
CUSIPN/A
Phone781-370-5000
Debt
Debt-to-Equity Ratio0.69
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio131.12
Forward P/E Ratio116.90
P/E Growth3.15
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales9.62
Cash Flow$1.4805 per share
Price / Cash65.54
Book Value$7.66 per share
Price / Book12.67
Profitability
EPS (Most Recent Fiscal Year)$0.74
Net Income$6.23 million
Net Margins3.16%
Return on Equity10.04%
Return on Assets3.83%
Miscellaneous
Employees6,041
Outstanding Shares115,390,000
Market Cap$11,411.69
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 announced that its board has approved a stock repurchase program on Wednesday, September 20th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.8% of its stock through open market purchases. Stock buyback programs are often an indication 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 earnings results on Wednesday, July, 18th. The technology company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.04. The technology company had revenue of $314.78 million for the quarter, compared to the consensus estimate of $312.95 million. PTC had a net margin of 3.16% and a return on equity of 10.04%. PTC's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.28 earnings per share. View PTC's Earnings History.
When is PTC's next earnings date?
What guidance has PTC issued on next quarter's earnings?
PTC issued an update on its fourth quarter earnings guidance on Wednesday, July, 18th. The company provided earnings per share guidance of $0.41-0.46 for the period, compared to the Thomson Reuters consensus estimate of $0.41. The company issued revenue guidance of $318-323 million, compared to the consensus revenue estimate of $327.70 million.
What price target have analysts set for PTC?
14 brokers have issued 1 year price targets for PTC's stock. Their forecasts range from $67.00 to $115.00. On average, they anticipate PTC's stock price to reach $98.50 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Ratings for PTC.
What is the consensus analysts' recommendation for PTC?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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. " (7/17/2018)
- 2. Evercore ISI analysts commented, "We view this as strong step in PTC’s move beyond smart connected products in discrete manufacturing to better sell to the factory floor (process manufacturing). This also should open up PTC’s reach to verticals such as Oil & Pharma where the company has historically not had as significant a presence. Though this deal doesn’t appear to be exclusive, we believe that it does limit PTC’s ability to form other similar relationships (likely with Rockwell competitors). From an investment perspective we believe this is a strong indicator of the opportunity for PTC in Industrial IoT (IIoT) as we envision Rockwell did significant due diligence prior to making this level of investment. We look forward to hearing more about this opportunity at PTC’s LiveWorx event being held in 18 th . Remain Outperform rated with a $95 PT." (6/11/2018)
Who are some of PTC's key competitors?
Some companies that are related to PTC include Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS) and UBISOFT Entmt S/ADR (UBSFY).
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 54)
- Mr. Andrew D. Miller, Exec. VP & CFO (Age 58)
- Dr. Barry F. Cohen, Exec. VP & Chief Strategy Officer (Age 74)
- Mr. Anthony Paul DiBona, Exec. VP of Focused Solutions Group (Age 63)
- Mr. Andrew Timm, Chief Technology Officer
Has PTC been receiving favorable news coverage?
Headlines about PTC stock have been trending positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PTC earned a news impact score of 0.26 on Accern's scale. They also gave media coverage about the technology company an impact score of 48.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are PTC's major shareholders?
PTC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.39%), Fred Alger Management Inc. (0.20%), Mckinley Capital Management LLC Delaware (0.20%), Hardman Johnston Global Advisors LLC (0.18%), Capital Investment Services of America Inc. (0.16%) and Retirement Systems of Alabama (0.14%). Company insiders that own PTC stock include Alan Pui Fai Chan, Anthony Dibona, Barry F Cohen, Donald K Grierson, James E Heppelmann, Matthew Lessner Cohen, Paul A Lacy, Phillip M Fernandez, Robert C Gremley, 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 Peregrine Capital Management LLC, Mckinley Capital Management LLC Delaware, Hardman Johnston Global Advisors LLC, Gateway Investment Advisers LLC, First National Bank of Omaha, Essex Investment Management Co. LLC, Municipal Employees Retirement System of Michigan and Capital Investment Services of America Inc.. Company insiders that have sold PTC company stock in the last year include Anthony Dibona, Barry F Cohen, Donald K Grierson, James E Heppelmann, Matthew Lessner Cohen, Paul A Lacy, Robert Schechter and Staats Aaron C Von. View Insider Buying and Selling for PTC.
Which major investors are buying PTC stock?
PTC stock was acquired by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Hartford Investment Management Co., State of Alaska Department of Revenue, Xact Kapitalforvaltning AB, Amalgamated Bank, Cerebellum GP LLC, Bank of Montreal Can and Louisiana State Employees Retirement System. 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 $97.03.
How big of a company is PTC?
PTC has a market capitalization of $11.41 billion and generates $1.16 billion in revenue each year. The technology company earns $6.23 million in net income (profit) each year or $0.74 on an earnings per share basis. PTC employs 6,041 workers across the globe.
How can I contact PTC?
PTC's mailing address is 140 KENDRICK STREET, NEEDHAM MA, 02494. 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)
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.
