NASDAQ:PTC

PTC - PTC Stock Forecast, Price & News

$104.60

-1.07 (-1.01%)

(As of 09/30/2022 09:01 PM ET)

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Today's Range: $104.52
▼
$106.66
50-Day Range: $104.24
▼
$125.81
52-Week Range: $96.55
▼
$136.00

Volume: 559,700 shs
Average Volume: 745,229 shs
Market Capitalization: $12.29 billion

P/E Ratio: 24.85
Dividend Yield: N/A
Price Target: $138.44

PTC MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 32.4% Upside
$138.44 Price Target
Short Interest: Healthy
2.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.17
Upright™ Environmental Score
News Sentiment: 0.47
Based on 6 Articles This Week
Insider Trading: Selling Shares
$32.93 M Sold Last Quarter
Proj. Earnings Growth: 25.31%
From $3.24 to $4.06 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Computer And Technology Sector

68th out of 652 stocks

Prepackaged Software Industry

15th out of 227 stocks

4.3

Analyst's Opinion

Consensus Rating
PTC has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $138.44, PTC has a forecasted upside of 32.4% from its current price of $104.60.
Amount of Analyst Coverage
PTC has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.09% of the float of PTC has been sold short.
Short Interest Ratio / Days to Cover
PTC has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PTC has recently increased by 13.71%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
PTC does not currently pay a dividend.
Dividend Growth
PTC does not have a long track record of dividend growth.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PTC has received a 21.24% net impact score from Upright. PTC seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "IoT software", "Architectural design 3D modelling software", and "Architectural design 2D modelling software" products. See details.
Environmental Sustainability
The Environmental Impact score for PTC is -1.17.

1.4

News and Social Media Coverage

News Sentiment
PTC has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for PTC this week, compared to 7 articles on an average week.
Search Interest
Only 2 people have searched for PTC on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added PTC to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PTC insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,925,130.00 in company stock.
Percentage Held by Insiders
10.15% of the stock of PTC is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
94.84% of the stock of PTC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PTC are expected to grow by 25.31% in the coming year, from $3.24 to $4.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PTC is 24.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of PTC is 24.85, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 370.10.
Price to Earnings Growth Ratio
PTC has a PEG Ratio of 2.55. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
PTC has a P/B Ratio of 6.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PTC (NASDAQ:PTC) Stock

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 platform, which offers a set of capabilities that enable enterprises to digitally transform every aspect of their business with innovative solutions that are simple to create, easy to implement, scalable to meet future needs, and designed to enable customers to accelerate time to value; and Vuforia, which enables the visualization of digital information in a physical context and the creation of AR. The company also provides Onshape, a software-as-a-service product development platform unites computer-aided design with data management, collaboration tools, and real-time analytics; Arena, a PLM solution enables product teams to collaborate virtually anytime and anywhere; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Windchill, a product lifecycle management software. In addition, it offers 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 incorporated in 1985 and is headquartered in Boston, Massachusetts.

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PTC Stock News Headlines

October 2, 2022 | nasdaq.com

Why This Red-Hot Industry Will Outlast Any Recession - Nasdaq

September 28, 2022 | msn.com

School signs book deal for future seafarers

October 3, 2022 | RJO Futures (Ad)

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September 28, 2022 | msn.com

Misamis Oriental creates tourism body

September 28, 2022 | marketwatch.com

PTC Motor Starters Market Size, Share | Global Report [2028] with Top Countries Data | 91 Pages Report

September 23, 2022 | bizjournals.com

Pittsburgh's tech workforce seeing higher wages amid fewer workers, report finds - The Business Journals

September 19, 2022 | benzinga.com

6 Analysts Have This to Say About PTC - PTC (NASDAQ:PTC) - Benzinga

September 15, 2022 | finance.yahoo.com

PTC's Onshape-Arena Connection Enables Product Development - Yahoo Finance

October 3, 2022 | RJO Futures (Ad)

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September 15, 2022 | nasdaq.com

PTC's Onshape-Arena Connection Enables Product Development - Nasdaq

September 15, 2022 | finance.yahoo.com

PTC's Onshape-Arena Connection Enables Product Development

September 14, 2022 | nasdaq.com

Noteworthy Tuesday Option Activity: GE, PTC, ADI - Nasdaq

September 14, 2022 | investing.com

PTC India Ltd (PTCI)

September 13, 2022 | fool.com

2 Growth Stocks to Buy on the Dip - The Motley Fool

September 13, 2022 | finance.yahoo.com

PTC Introduces Onshape-Arena Connection to Accelerate Product Development and Supply Chain Collaboration

September 12, 2022 | bloomberg.com

PTC India Kumar Mishra on Power Sector - Bloomberg

September 9, 2022 | benzinga.com

PTC Therapeutics (NASDAQ:PTCT) – Analyst Ratings for PTC Therapeutics - Benzinga

September 9, 2022 | markets.businessinsider.com

Analyst Ratings for PTC Therapeutics

September 8, 2022 | finance.yahoo.com

PTC (NASDAQ:PTC) Might Have The Makings Of A Multi-Bagger - Yahoo Finance

September 8, 2022 | nasdaq.com

Could The Market Be Wrong About PTC Inc. (NASDAQ:PTC) Given Its Attractive Financial Prospects?

September 8, 2022 | nasdaq.com

Could The Market Be Wrong About PTC Inc. (NASDAQ:PTC) Given Its Attractive Financial Prospects? - Nasdaq

September 7, 2022 | benzinga.com

OpsHub joins forces with PTC to empower teams to act with the best tools and complete information - Benzinga

September 7, 2022 | businesswire.com

Newman Ferrara LLP Announces Corporate Governance Investigations of PTC Therapeutics (PTCT) - Business Wire

September 7, 2022 | benzinga.com

Viracta Obtains Orphan Drug Status From European Commission For T-cell Lymphoma Candidate

September 7, 2022 | finance.yahoo.com

PTC (NASDAQ:PTC) Might Have The Makings Of A Multi-Bagger

September 6, 2022 | benzinga.com

British Sky Broadcasting Group plc (BSY), Par Technology Corporation (PTC) – Bentley Systems Announces Mi - Benzinga

September 5, 2022 | forbes.com

PTC Acquires CloudMilling: Step Towards An End-To-End Production Digital Thread - Forbes

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PTC Company Calendar

Last Earnings: 7/27/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 9/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:PTC
Previous Symbol: NASDAQ:PMTC
CUSIP: N/A
CIK: 857005
Web: www.ptc.com
Phone: (781) 370-5000
Fax: 781-370-6000
Employees: 6,709
Year Founded: 1985

Price Target and Rating

Average Stock Price Forecast: $138.44
High Stock Price Forecast: $160.00
Low Stock Price Forecast: $120.00
Forecasted Upside/Downside: +32.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.21
Trailing P/E Ratio: 24.85
Forward P/E Ratio: 32.28
P/E Growth: 2.55
Net Income: $476.92 million
Net Margins: 26.19%
Pretax Margin: 22.52%
Return on Equity: 18.13%
Return on Assets: 8.33%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 1.23
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $1.81 billion
Price / Sales: 6.80
Cash Flow: $3.82 per share
Price / Cash Flow: 27.40
Book Value: $17.37 per share
Price / Book: 6.02

Miscellaneous

Outstanding Shares: 117,466,000
Free Float: 105,543,000
Market Cap: $12.29 billion
Optionable: Optionable
Beta: 1.17

Social Links

Key Executives

Mr. James E. Heppelmann (Age 58)
Pres, CEO, Member of National First Exec. Advisory Board & Director
Comp: $1.92M

Mr. Kristian P. Talvitie (Age 52)
Exec. VP & CFO
Comp: $1.06M

Mr. Aaron C. Von Staats Esq. (Age 56)
Exec. VP, Gen. Counsel & Sec.
Comp: $796.76k

Mr. Michael DiTullio (Age 54)
Pres of Digital Thread Bus.
Comp: $906.35k

Mr. Steve Dertien
CTO & Exec. VP

Mr. Matthew Shimao
Sr. VP of Investor Relations

Mr. Jamie Pappas
Exec. VP of Global Sales

Ms. Lisa Reilly
Exec. VP & Chief People Officer

Mr. Michael M. Campbell
Exec. VP & GM of Augmented Reality Products

Mr. Eric Snow
Sr. VP of Corp. Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PTC Stock - Frequently Asked Questions

Should I buy or sell PTC stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PTC shares.
View PTC analyst ratings or view top-rated stocks.
What is PTC's stock price forecast for 2022?: 9 equities research analysts have issued 1-year target prices for PTC's stock. Their PTC share price forecasts range from $120.00 to $160.00. On average, they expect the company's share price to reach $138.44 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price.
View analysts price targets for PTC or view top-rated stocks among Wall Street analysts.
How have PTC shares performed in 2022?: PTC's stock was trading at $121.15 at the beginning of 2022. Since then, PTC shares have decreased by 13.7% and is now trading at $104.60.
View the best growth stocks for 2022 here.
When is PTC's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our PTC earnings forecast.
How were PTC's earnings last quarter?: PTC Inc. (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, July, 27th. The technology company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.19. The technology company earned $462.47 million during the quarter, compared to analyst estimates of $473.65 million. PTC had a net margin of 26.19% and a trailing twelve-month return on equity of 18.13%. The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.54 earnings per share.
Read the conference call transcript.
What guidance has PTC issued on next quarter's earnings?: PTC issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.90 billion-$1.95 billion, compared to the consensus revenue estimate of $1.94 billion.

What is Jim Heppelmann's approval rating as PTC's CEO?: 783 employees have rated PTC Chief Executive Officer Jim Heppelmann on Glassdoor.com. Jim Heppelmann has an approval rating of 85% among the company's employees.
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 Block (SQ).
What is PTC's stock symbol?: PTC trades on the NASDAQ under the ticker symbol "PTC."
How do I buy shares of PTC?: Shares of PTC stock 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 $104.60.
How much money does PTC make?: PTC (NASDAQ:PTC) has a market capitalization of $12.29 billion and generates $1.81 billion in revenue each year. The technology company earns $476.92 million in net income (profit) each year or $4.21 on an earnings per share basis.
How many employees does PTC have?: The company employs 6,709 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.
Read More
How can I contact PTC?: PTC's mailing address is 121 SEAPORT BOULEVARD, BOSTON MA, 02210. The official website for the company is www.ptc.com. The technology company can be reached via phone at (781) 370-5000, via email at investor@ptc.com, or via fax at 781-370-6000.

This page (NASDAQ:PTC) was last updated on 10/3/2022 by MarketBeat.com Staff

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PTC - PTC Stock Forecast, Price & News

PTC MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows