NASDAQ:PTC

PTC Stock Forecast, Price & News

$130.16
+1.02 (+0.79 %)
(As of 05/11/2021 12:00 AM ET)
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Today's Range
$125.06
$130.95
50-Day Range
$126.84
$148.84
52-Week Range
$60.98
$149.50
Volume502,774 shs
Average Volume1.02 million shs
Market Capitalization$15.21 billion
P/E Ratio115.19
Dividend YieldN/A
Beta1.33
30 days | 90 days | 365 days | Advanced Chart
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About PTC

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.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:PTC
Previous SymbolNASDAQ:PMTC
CUSIPN/A
Phone781-370-5000
Employees6,268
Year Founded1985

Sales & Book Value

Annual Sales$1.46 billion
Cash Flow$3.01 per share
Book Value$12.39 per share

Profitability

Net Income$130.70 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$15.21 billion
Next Earnings Date8/4/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.58 out of 5 stars

Computer And Technology Sector

338th out of 1,564 stocks

Prepackaged Software Industry

71st out of 284 stocks

Analyst Opinion: 1.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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PTC (NASDAQ:PTC) Frequently Asked Questions

Is PTC a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PTC stock.
View analyst ratings for PTC
or view top-rated stocks.

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.

Are investors shorting PTC?

PTC saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 1,540,000 shares, a decline of 16.3% from the March 31st total of 1,840,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.5% of the shares of the stock are short sold.
View PTC's Short Interest
.

When is PTC's next earnings date?

PTC is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for PTC
.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, April, 28th. The technology company reported $1.08 EPS for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.38. The technology company earned $461.79 million during the quarter, compared to analyst estimates of $416.01 million. PTC had a trailing twelve-month return on equity of 16.53% and a net margin of 8.96%. PTC's revenue for the quarter was up 28.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 earnings per share.
View PTC's earnings history
.

How has PTC's stock been impacted by Coronavirus?

PTC's stock was trading at $59.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PTC stock has increased by 118.0% and is now trading at $130.16.
View which stocks have been most impacted by COVID-19
.

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

PTC updated its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share guidance of 3.180-3.390 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.160. The company issued revenue guidance of $1.71 billion-$1.74 billion, compared to the consensus revenue estimate of $1.71 billion.

What price target have analysts set for PTC?

15 analysts have issued 12-month price objectives for PTC's stock. Their forecasts range from $53.00 to $165.00. On average, they expect PTC's stock price to reach $120.60 in the next year. This suggests that the stock has a possible downside of 7.3%.
View analysts' price targets for PTC
or view top-rated stocks among Wall Street analysts.

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 57, Pay $1.46M)
  • Mr. Kristian P. Talvitie, Exec. VP & CFO (Age 51, Pay $721.1k) (LinkedIn Profile)
  • Mr. Aaron C. Von Staats, Exec. VP, Gen. Counsel & Sec. (Age 55, Pay $610.9k) (LinkedIn Profile)
  • Mr. Michael DiTullio, Exec. VP & Pres of SaaS (Age 53, Pay $638.48k) (LinkedIn Profile)
  • Ms. Kathleen Mitford, Exec. VP & Chief Strategy Officer (Age 49, Pay $640.15k) (LinkedIn Profile)
  • Mr. Troy K. Richardson, Exec. VP & COO (Age 59) (LinkedIn Profile)
  • Mr. Steve Dertien, CTO & Exec. VP (LinkedIn Profile)
  • Mr. Jamie Pappas, Exec. VP of Global Sales
  • Ms. Jill Larsen, Chief People Officer & Exec. VP (LinkedIn Profile)
  • Mr. Gary Smith, Sr. VP of WW Channel Sales & Programs

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.

Who are some of PTC's key 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).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.68%), Ownership Capital B.V. (2.54%), Sumitomo Mitsui Trust Holdings Inc. (1.17%), Victory Capital Management Inc. (0.88%), Robeco Schweiz AG (0.82%) and Jennison Associates LLC (0.56%). Company insiders that own PTC stock include 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 BlackRock Inc., Ownership Capital B.V., KBC Group NV, DekaBank Deutsche Girozentrale, Sumitomo Mitsui Trust Holdings Inc., Goodman Financial Corp, Peregrine Capital Management LLC, and Alliancebernstein L.P.. 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, Phillip M Fernandez, and Staats Aaron C Von.
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 Robeco Schweiz AG, Envestnet Asset Management Inc., Jennison Associates LLC, Toronto Dominion Bank, Janney Capital Management LLC, Principal Financial Group Inc., Mitsubishi UFJ Kokusai Asset Management Co. Ltd., and Robeco Institutional Asset Management B.V..
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.
Compare Top Brokerages Here.

What is PTC's stock price today?

One share of PTC stock can currently be purchased for approximately $130.16.

How much money does PTC make?

PTC has a market capitalization of $15.21 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.

How many employees does PTC have?

PTC employs 6,268 workers across the globe.

Does PTC have any subsidiaries?

The following companies are subsidiares of PTC: 4C Solutions, Aptavis Technologies Corp., Arbortext, Arena Solutions, Atego, Atego SAS, Auxilium inc., Axeda, Caugnate, CoCreate Software, ColdLight Solutions, ColdLight Solutions LLC, Computervision, Enigma Europe B.V., Enigma Inc, Enigma Information Retrieval Systems Ltd. (UK), ITEDO Software, InPart Design, Kepware Japan KK, Kepware Technologies, MCA Solutions BVBA, MKS Inc, Mathsoft Engineering & Education, NC Graphics (Cambridge) Ltd., NetIDEAS Inc., NetRegulus, OHIO Design Automation, Onshape, PTC (Canada) Inc., PTC (IFSC) Limited, PTC (SSI) dac, PTC Benelux LLC, PTC Eastern Europe Limited S.R.L., PTC Holdings (Europe) B.V., PTC Holdings (NL) B.V., PTC International Inc., PTC International Limited Liability Company, PTC Japan KK, PTC Netherlands C.V., PTC Netherlands LLC, PTC Software (India) Private Limited, PTC Sweden AB, PTC Vuforia Switzerland AG, Parametric Technology (Belgium) b.v.b.a., Parametric Technology (C.R.) s.r.o., Parametric Technology (Denmark) A/S, Parametric Technology (Hong Kong) Ltd., Parametric Technology (India) Private Ltd., Parametric Technology (Republic of Ireland) Ltd., Parametric Technology (Schweiz) AG, Parametric Technology (Shanghai) Software Co. Ltd., Parametric Technology (Slovakia) s.r.o., Parametric Technology (UK) Limited, Parametric Technology Australia Pty. Limited, Parametric Technology Brasil Ltda., Parametric Technology Corporation, Parametric Technology Corporation (Malaysia) Sdn. Bhd., Parametric Technology Espana S.A., Parametric Technology Europe B.V., Parametric Technology Gesellschaft m.b.H., Parametric Technology GmbH, Parametric Technology International Inc., Parametric Technology Israel Ltd., Parametric Technology Italia S.r.l., Parametric Technology Mexico S.A. de C.V., Parametric Technology Nederland B.V., Parametric Technology S.A., Parametric Technology Singapore Pte. Ltd., Parametric Technology South Africa (Propretary) Limited, Parametric Technology Taiwan Ltd., Planet Metrics, Polyplan Technologies, Relex Software, Servigistics, Servigistics (Shanghai) Co. Ltd., Synapsis Technology, ThingWorx, Vuforia, and twnkls.

When was PTC founded?

PTC was founded in 1985.

What is PTC's official website?

The official website for PTC is www.ptc.com.

Where are PTC's headquarters?

PTC is headquartered at 121 SEAPORT BOULEVARD, BOSTON MA, 02210.

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 5/11/2021 by MarketBeat.com Staff
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