NASDAQ:PTC - PTC Stock Price, Forecast & News

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

PTC Inc (NASDAQ:PTC) released its quarterly earnings data on Wednesday, January, 22nd. The technology company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.13. The technology company earned $356.10 million during the quarter, compared to the consensus estimate of $342.74 million. PTC had a return on equity of 13.10% and a net margin of 3.38%. PTC's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. View PTC's Earnings History.

PTC is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for PTC.

PTC updated its FY20 earnings guidance on Wednesday, January, 22nd. The company provided earnings per share guidance of $2.15-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.15. The company issued revenue guidance of $1.445-1.525 billion, compared to the consensus revenue estimate of $1.46 billion.

15 equities research analysts have issued 1 year price targets for PTC's stock. Their forecasts range from $65.00 to $111.00. On average, they anticipate PTC's share price to reach $93.08 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for PTC.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 2 sell ratings, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PTC.

News articles about PTC stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. PTC earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for PTC.

PTC saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 3,390,000 shares, an increase of 5.9% from the January 30th total of 3,200,000 shares. Based on an average daily volume of 709,300 shares, the short-interest ratio is presently 4.8 days. Currently, 3.3% of the shares of the stock are short sold. View PTC's Current Options Chain.

Some companies that are related to PTC include Square (SQ), Electronic Arts (EA), Splunk (SPLK), ANSYS (ANSS), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Atlassian (TEAM), Paycom Software (PAYC), Check Point Software Technologies (CHKP), Okta (OKTA), Docusign (DOCU), Twilio (TWLO), Tableau Software (DATA) and SS&C Technologies (SSNC).

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include NVIDIA (NVDA), Paypal (PYPL), Lululemon Athletica (LULU), Micron Technology (MU), Synopsys (SNPS), Xilinx (XLNX), Alibaba Group (BABA), Square (SQ), STMicroelectronics (STM) and Taiwan Semiconductor Mfg. (TSM).

PTC's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.93%), Marshall Wace North America L.P. (2.72%), FMR LLC (2.55%), Pictet Asset Management Ltd. (2.30%), Franklin Resources Inc. (2.24%) and Praesidium Investment Management Company LLC (2.16%). Company insiders that own PTC stock include Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Kathleen Mitford, Matthew Lessner Cohen, Phillip M Fernandez, Robert Schechter 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 Goldman Sachs Group Inc., FMR LLC, Janus Henderson Group PLC, UBS Group AG, Eagle Asset Management Inc., Boston Financial Mangement LLC, DekaBank Deutsche Girozentrale and Tdam USA Inc.. Company insiders that have sold PTC company stock in the last year include Andrew Miller, Corinna Lathan, Donald K Grierson, James E Heppelmann, Kathleen Mitford, Matthew Lessner Cohen, Phillip M Fernandez and Staats Aaron C Von. View Insider Buying and Selling for PTC.

PTC stock was acquired by a variety of institutional investors in the last quarter, including Praesidium Investment Management Company LLC, Franklin Resources Inc., Artemis Investment Management LLP, UBS Asset Management Americas Inc., Pictet Asset Management Ltd., Renaissance Technologies LLC, FIL Ltd and Russell Investments Group Ltd.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PTC stock can currently be purchased for approximately $74.88.

PTC has a market capitalization of $8.65 billion and generates $1.26 billion in revenue each year. The technology company earns $-27,460,000.00 in net income (profit) each year or $0.91 on an earnings per share basis. PTC employs 6,055 workers across the globe.View Additional Information About PTC.

The official website for PTC is http://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]