NASDAQ:PTC - PTC Stock Price, News, & Analysis

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$84.54 -1.27 (-1.48 %)
(As of 01/23/2019 02:49 PM ET)
Previous Close$85.81
Today's Range$84.22 - $86.78
52-Week Range$65.48 - $107.44
Volume90,084 shs
Average Volume825,661 shs
Market Capitalization$10.03 billion
P/E Ratio93.96
Dividend YieldN/A
Beta1.34
PTC Inc. operates as software and services company in Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio tool for industrial enterprises to author and publish augmented reality experiences; and Creo, an interoperable suite of product design software for design engineers. 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 Servigistics, a suite that enables service parts management and customers to continuously enhance their products and services. Further, the company provides 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.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:PTC
Previous SymbolNASDAQ:PMTC
CUSIPN/A
Phone781-370-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.5799 per share
Book Value$7.42 per share

Profitability

Net Income$51.98 million

Miscellaneous

Employees6,110
Market Cap$10.03 billion
OptionableOptionable

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 of Directors has initiated a share repurchase plan on Wednesday, September 20th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

How were PTC's earnings last quarter?

PTC Inc (NASDAQ:PTC) released its quarterly earnings results on Wednesday, October, 24th. The technology company reported $0.45 EPS for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.01. The technology company earned $312.52 million during the quarter, compared to analysts' expectations of $322 million. PTC had a net margin of 4.19% and a return on equity of 11.97%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 earnings per share. View PTC's Earnings History.

When is PTC's next earnings date?

PTC is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for PTC.

How can I listen to PTC's earnings call?

PTC will be holding an earnings conference call on Wednesday, January 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8008575592.

What price target have analysts set for PTC?

15 analysts have issued 12-month price objectives for PTC's shares. Their predictions range from $67.00 to $115.00. On average, they anticipate PTC's share price to reach $101.7333 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for PTC.

What is the consensus analysts' recommendation for PTC?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PTC.

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. " (7/25/2018)
  • 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)

Has PTC been receiving favorable news coverage?

News coverage about PTC stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news 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 closest to five being the most favorable. PTC earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of PTC's key competitors?

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 55)
  • Mr. Andrew D. Miller, Exec. VP & CFO (Age 59)
  • Dr. Barry F. Cohen, Exec. VP & Chief Strategy Officer (Age 75)
  • Mr. Anthony Paul DiBona, Exec. VP of Strategic Alliances (Age 64)
  • Mr. Andrew Timm, Chief Technology Officer

Who are PTC's major shareholders?

PTC's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.35%), Strs Ohio (0.18%), Nippon Life Global Investors Americas Inc. (0.17%), Capital Investment Services of America Inc. (0.15%), Retirement Systems of Alabama (0.13%) and Contravisory Investment Management Inc. (0.05%). Company insiders that own PTC stock include Alan Pui Fai Chan, Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Matthew Lessner Cohen, Paul A Lacy, Phillip M Fernandez, Robert Schechter 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 Nippon Life Global Investors Americas Inc., Retirement Systems of Alabama, Peregrine Capital Management LLC, Contravisory Investment Management Inc., Bank of Montreal Can, Cowen Prime Services LLC, Louisiana State Employees Retirement System and First Hawaiian Bank. Company insiders that have sold PTC company stock in the last year include Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Matthew Lessner Cohen, Phillip M Fernandez, Robert Schechter and Staats Aaron C Von. View Insider Buying and Selling for PTC.

Which institutional investors are buying PTC stock?

PTC stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, Virtu Financial LLC, DNB Asset Management AS, Meeder Asset Management Inc., Tributary Capital Management LLC, Campbell Newman Asset Management Inc. and First National Bank of Omaha. 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 $84.62.

How big of a company is PTC?

PTC has a market capitalization of $10.04 billion and generates $1.24 billion in revenue each year. The technology company earns $51.98 million in net income (profit) each year or $0.90 on an earnings per share basis. PTC employs 6,110 workers across the globe.

What is PTC's official website?

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

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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  426 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  713
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.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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