NASDAQ:PTC - PTC Stock Price, Forecast & News

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

PTC Inc (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, January, 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.13. The technology company had revenue of $356.10 million for the quarter, compared to analyst estimates of $342.74 million. PTC had a return on equity of 13.10% and a net margin of 3.38%. PTC's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $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 issued an update on 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 brokers have issued 1-year price targets for PTC's stock. Their forecasts range from $65.00 to $111.00. On average, they expect PTC's stock price to reach $93.08 in the next year. This suggests a possible upside of 19.7% 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.

Media stories about PTC stock have been trending very negative on Thursday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PTC earned a coverage optimism score of -3.7 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for PTC.

PTC saw a increase in short interest in 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 currently 4.8 days. Approximately 3.3% of the shares of the company are sold short. View PTC's Current Options Chain.

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

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 a variety of of institutional and retail investors. Top institutional investors 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 bought 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 $77.77.

PTC has a market capitalization of $8.98 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]