NASDAQ:PTCPTC Stock Price, Forecast & News

PTC's stock was trading at $59.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PTC stock has increased by 31.3% and is now trading at $78.41. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PTC.

PTC is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for PTC.

PTC will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

PTC Inc (NASDAQ:PTC) posted its quarterly earnings data on Wednesday, April, 29th. The technology company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.44 by $0.15. The technology company earned $359.60 million during the quarter, compared to the consensus estimate of $340.32 million. PTC had a return on equity of 15.35% and a net margin of 4.67%. The business's revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.22 earnings per share. View PTC's earnings history.

PTC issued an update on its FY20 earnings guidance on Wednesday, April, 29th. The company provided earnings per share guidance of $2.20-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.21. The company issued revenue guidance of $1.4-1.43 billion, compared to the consensus revenue estimate of $1.42 billion.

13 brokers have issued 1-year price targets for PTC's stock. Their forecasts range from $65.00 to $105.00. On average, they anticipate PTC's share price to reach $88.64 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts' price targets for PTC.

Media stories about PTC stock have trended somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PTC earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about PTC.

PTC saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,020,000 shares, an increase of 8.0% from the June 15th total of 1,870,000 shares. Based on an average trading volume of 857,600 shares, the short-interest ratio is presently 2.4 days. Approximately 1.9% of the shares of the company are short sold. View PTC's Current Options Chain.

Some companies that are related to PTC include Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM), Crowdstrike (CRWD), Coupa Software (COUP), Citrix Systems (CTXS), Paycom Software (PAYC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP) and Tableau Software (DATA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include NVIDIA (NVDA), Paypal (PYPL), Micron Technology (MU), Square (SQ), Intel (INTC), Starbucks (SBUX), STMicroelectronics (STM), Adobe (ADBE), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

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

PTC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Robecosam AG (0.54%), Capital Investment Services of America Inc. (0.20%), DNB Asset Management AS (0.12%), Louisiana State Employees Retirement System (0.02%), Envestnet Asset Management Inc. (0.02%) and IFM Investors Pty Ltd (0.01%). 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 Robecosam AG, and IFM Investors Pty Ltd. Company insiders that have sold PTC company stock in the last year include 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 activity for PTC.

PTC stock was bought by a variety of institutional investors in the last quarter, including CENTRAL TRUST Co, Capital Investment Services of America Inc., DNB Asset Management AS, Louisiana State Employees Retirement System, and Envestnet Asset Management Inc.. View insider buying and selling activity 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 $78.41.

PTC has a market capitalization of $9.07 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.

The official website for PTC is 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]