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

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$83.56 -3.54 (-4.06 %)
(As of 11/19/2018 11:06 AM ET)
Previous Close$87.10
Today's Range$82.62 - $87.40
52-Week Range$59.40 - $107.44
Volume23,841 shs
Average Volume1.68 million shs
Market Capitalization$10.26 billion
P/E Ratio92.27
Dividend YieldN/A
Beta1.54
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.74
Current Ratio0.89
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio92.27
Forward P/E Ratio75.28
P/E Growth2.42

Sales & Book Value

Annual Sales$1.24 billion
Price / Sales7.93
Cash Flow$1.5722 per share
Price / Cash53.15
Book Value$7.42 per share
Price / Book11.26

Profitability

EPS (Most Recent Fiscal Year)$0.90
Net Income$51.98 million
Net Margins4.19%
Return on Equity11.97%
Return on Assets4.58%

Miscellaneous

Employees6,041
Outstanding Shares117,830,000
Market Cap$10.26 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 authorized a stock repurchase program on Wednesday, September 20th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

How were PTC's earnings last quarter?

PTC Inc (NASDAQ:PTC) posted its earnings results on Wednesday, October, 24th. The technology company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.01. The technology company had revenue of $312.52 million for the quarter, compared to the consensus estimate of $322 million. PTC had a net margin of 4.19% and a return on equity of 11.97%. The firm's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.34 EPS. 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 16th 2019. View Earnings Estimates for PTC.

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

PTC updated its FY19 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $1.65-1.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96. The company issued revenue guidance of $1320-1340 million, compared to the consensus revenue estimate of $1.37 billion.PTC also updated its FY 2019 guidance to $1.10-1.45 EPS.

What price target have analysts set for PTC?

15 Wall Street analysts 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 share price to reach $98.80 in the next twelve months. This suggests a possible upside of 15.5% 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?

Media coverage about PTC stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PTC earned a coverage optimism score of 1.3 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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 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 Strategic Alliances (Age 63)
  • Mr. Andrew Timm, Chief Technology Officer

Who are PTC's major shareholders?

PTC's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (11.01%), BlackRock Inc. (8.84%), Epoch Investment Partners Inc. (2.53%), OZ Management LP (1.70%), OppenheimerFunds Inc. (1.43%) and Allianz Asset Management GmbH (1.42%). 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 Prudential Financial Inc., Eagle Asset Management Inc., Renaissance Technologies LLC, Carillon Tower Advisers Inc., Macquarie Group Ltd., Epoch Investment Partners Inc., BlackRock Inc. and OZ Management LP. 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 purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, PointState Capital LP, American Century Companies Inc., Franklin Resources Inc., Ownership Capital B.V., Ownership Capital B.V., Laurion Capital Management LP and Canada Pension Plan Investment Board. 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 $85.51.

How big of a company is PTC?

PTC has a market capitalization of $10.26 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 6,041 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:  412 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  693
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 11/19/2018 by MarketBeat.com Staff

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