PTC Stock Forecast, Price & 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 (WHO). Since then, PTC stock has increased by 117.0% and is now trading at $129.56.
View which stocks have been most impacted by COVID-19.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PTC stock.
View analyst ratings for PTC or view MarketBeat's top 5 stock picks.

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1,448 employees have rated PTC CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among PTC's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

PTC is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for PTC.

PTC will be holding an earnings conference call on Wednesday, January 27th 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, October, 28th. The technology company reported $0.78 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.43. The technology company earned $390.98 million during the quarter, compared to the consensus estimate of $355.93 million. PTC had a return on equity of 16.53% and a net margin of 8.96%.
View PTC's earnings history.

PTC updated its FY21 earnings guidance on Wednesday, October, 28th. The company provided EPS guidance of $2.65 to $2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.86. The company issued revenue guidance of $1.385 billion to $1.420 billion, compared to the consensus revenue estimate of $1.58 billion.

17 Wall Street analysts have issued 1 year price objectives for PTC's shares. Their forecasts range from $53.00 to $150.00. On average, they anticipate PTC's stock price to reach $112.69 in the next year. This suggests that the stock has a possible downside of 13.0%.
View analysts' price targets for PTC or view Wall Street analyst' top-rated stocks.

Some companies that are related to PTC include Twilio (TWLO), VMware (VMW), Dassault Systèmes (DASTY), CrowdStrike (CRWD), DocuSign (DOCU), Palantir Technologies (PLTR), Veeva Systems (VEEV), Electronic Arts (EA), Synopsys (SNPS), Unity Software (U), Cadence Design Systems (CDNS), Okta (OKTA), ANSYS (ANSS), Datadog (DDOG) and Atlassian (TEAM).
View all of PTC's competitors.

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).

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

PTC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.27%), Capital Investment Services of America Inc. (0.20%), DNB Asset Management AS (0.17%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.02%) and DAVENPORT & Co LLC (0.01%). Company insiders that own PTC stock include Andrew Miller, 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.

PTC stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Pacer Advisors Inc., and State of Alaska Department of Revenue. 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, and Phillip M Fernandez.
View insider buying and selling activity for PTC or view top insider-selling stocks.

PTC stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, DAVENPORT & Co LLC, Capital Investment Services of America Inc., Kestra Advisory Services LLC, James Hambro & Partners, Tributary Capital Management LLC, 6 Meridian, and Redpoint Investment Management Pty Ltd.
View insider buying and selling activity for PTC or or view top insider-buying stocks.

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.

One share of PTC stock can currently be purchased for approximately $129.56.

PTC has a market capitalization of $15.11 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. PTC employs 6,243 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]