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

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$92.31 +0.40 (+0.44 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$92.31
Today's Range$91.06 - $92.64
52-Week Range$52.55 - $100.79
Volume677,061 shs
Average Volume964,605 shs
Market Capitalization$11.11 billion
P/E Ratio124.74
Dividend YieldN/A
Beta1.26
PTC logoPTC 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
SymbolNASDAQ:PTC
CUSIPN/A
Phone781-370-5000

Debt

Debt-to-Equity Ratio0.83
Current Ratio0.88
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio124.74
Forward P/E Ratio104.90
P/E Growth2.94

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales9.34
Cash Flow$1.4770 per share
Price / Cash62.50
Book Value$7.66 per share
Price / Book12.05

Profitability

EPS (Most Recent Fiscal Year)$0.74
Net Income$6.23 million
Net Margins4.55%
Return on Equity11.62%
Return on Assets4.44%

Miscellaneous

Employees6,041
Outstanding Shares117,830,000
Market Cap$11.11 billion

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 declared that its board has authorized a share buyback plan on Wednesday, September 20th 2017, which authorizes the company to buyback $500,000,000.00 in 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 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, topping analysts' consensus estimates of $0.32 by $0.04. The technology company earned $314.78 million during the quarter, compared to analysts' expectations of $312.95 million. PTC had a net margin of 4.55% and a return on equity of 11.62%. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 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, October, 24th 2018. View Earnings Estimates for PTC.

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

PTC updated its fourth quarter earnings guidance on Wednesday, July, 18th. The company provided EPS guidance of $0.41-0.46 for the period, compared to the Thomson Reuters consensus earnings per share 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?

15 equities research analysts have issued twelve-month target prices for PTC's shares. Their forecasts range from $67.00 to $115.00. On average, they expect PTC's stock price to reach $99.6667 in the next year. This suggests a possible upside of 8.0% 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)

Are investors shorting PTC?

PTC saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 11,147,008 shares, an increase of 296.8% from the July 13th total of 2,809,275 shares. Based on an average daily trading volume, of 1,137,063 shares, the short-interest ratio is presently 9.8 days. Currently, 10.7% of the company's shares are short sold. View PTC's Current Options Chain.

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 Focused Solutions Group (Age 63)
  • Mr. Andrew Timm, Chief Technology Officer

Has PTC been receiving favorable news coverage?

Headlines about PTC stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. PTC earned a news impact score of 0.03 on Accern's scale. They also gave news headlines about the technology company an impact score of 45.46 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for PTC.

Who are PTC's major shareholders?

PTC's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (11.01%), BlackRock Inc. (9.05%), Epoch Investment Partners Inc. (2.82%), OppenheimerFunds Inc. (1.60%), Eagle Asset Management Inc. (1.59%) and Carillon Tower Advisers Inc. (1.26%). 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 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 Epoch Investment Partners Inc., FMR LLC, Eagle Asset Management Inc., OppenheimerFunds Inc., Jennison Associates LLC, Carillon Tower Advisers Inc., TD Asset Management Inc. and Sumitomo Mitsui Asset Management Company LTD. 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, Paul A Lacy, Phillip M Fernandez, 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 Millennium Management LLC, First Trust Advisors LP, BlackRock Inc., Advisors Asset Management Inc., Marshall Wace LLP, Point72 Asset Management L.P., Janus Henderson Group PLC and Federated Investors Inc. PA. 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 $92.31.

How big of a company is PTC?

PTC has a market capitalization of $11.11 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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  381 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  635
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 8/18/2018 by MarketBeat.com Staff

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