NASDAQ:PTC

PTC Stock Forecast, Price & News

$124.12

-0.48 (-0.39 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$122.72

Now: $124.12▼

$125.11

50-Day Range

$107.26

MA: $117.25▼

$129.16

52-Week Range

$43.90

Now: $124.12▼

$130.95

Volume416,000 shs

Average Volume723,990 shs

Market Capitalization$14.48 billion

P/E Ratio165.49

Dividend YieldN/A

Beta1.22

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, an IIoT platform that enables customers to address digital transformation of their operations, products, and services; ThingWorx Solution Central, a centralized portal in the cloud that allows users of ThingWorx to discover, deploy, and manage ThingWorx applications; and ThingWorx Kepware, which enables users to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio, a cloud-based tool that enables industrial enterprises to author and publish augmented reality (AR) experiences; Vuforia Expert Capture that chronicles the real-time movements of a person wearing an AR headset; Vuforia Engine technology for application development; Vuforia Chalk, a collaboration and remote assistance solution; and Vuforia Spatial Toolbox technology to accelerate the development of spatial computing prototypes and use cases. In addition, it offers Onshape, a cloud-native multi-tenant platform that unites computer-aided design with data management, collaboration tools, and real-time analytics; Creo, a suite of product design software, which provides capabilities for design, real-time simulation, additive manufacturing, design flexibility, advanced assembly design, piping and cabling design, advanced surfacing, virtual prototyping, and other design functions; and Windchill, a product lifecycle management software. Further, the company provides 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 founded in 1985 and is headquartered in Boston, Massachusetts.

MarketRank^™

Overall MarketRank^™

1.76 out of 5 stars

Computer And Technology Sector

146th out of 1,258 stocks

Prepackaged Software Industry

28th out of 231 stocks

2.4 Analyst's Opinion

Consensus Rating
PTC has received a consensus rating of Buy. The company's average rating score is 2.76, and is based on 13 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $111.94, PTC has a forecasted downside of 9.8% from its current price of $124.12.
Amount of Analyst Coverage
PTC has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
PTC has received 560 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
PTC has received 417 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
PTC has received 57.32% “outperform” votes from our community.

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.

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.

1.7 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 $1,290,747.00 in company stock.
Percentage Held by Insiders
Only 9.91% of the stock of PTC is held by insiders.
Percentage Held by Institutions
88.37% of the stock of PTC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for PTC are expected to grow by 23.78% in the coming year, from $1.64 to $2.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PTC is 165.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of PTC is 165.49, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 87.66.
Price to Earnings Growth Ratio
PTC has a PEG Ratio of 1.29. 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 11.89. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:PTC

Previous SymbolNASDAQ:PMTC

CUSIPN/A

CIK857005

Webwww.ptc.com

Phone781-370-5000

Employees6,243

Debt

Debt-to-Equity Ratio0.85

Current Ratio1.27

Quick Ratio1.27

Price-To-Earnings

Trailing P/E Ratio165.49

Forward P/E Ratio75.68

P/E Growth1.29

Sales & Book Value

Annual Sales$1.26 billion

Price / Sales11.53

Cash Flow$2.32 per share

Price / Cash Flow53.55

Book Value$10.44 per share

Price / Book11.89

Profitability

EPS (Most Recent Fiscal Year)$0.91

Net Income$-27,460,000.00

Net Margins6.21%

Return on Equity16.99%

Return on Assets6.51%

Miscellaneous

Outstanding Shares116,663,000

Market Cap$14.48 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$124.12

-0.48 (-0.39 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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PTC (NASDAQ:PTC) Frequently Asked Questions

How has PTC's stock been impacted by COVID-19?

PTC's stock was trading at $59.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PTC stock has increased by 107.9% and is now trading at $124.12.
View which stocks have been most impacted by COVID-19.

Is PTC a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last twelve months. 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.

What stocks does MarketBeat like better than PTC?

Wall Street analysts have given PTC a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PTC wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is PTC's next earnings date?

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

How can I listen to PTC's earnings call?

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.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) announced its quarterly earnings data on Wednesday, October, 28th. The technology company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.43. The technology company had revenue of $390.98 million for the quarter, compared to analyst estimates of $355.93 million. PTC had a return on equity of 16.99% and a net margin of 6.21%.
View PTC's earnings history.

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

PTC issued an update on 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 EPS 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.

What price target have analysts set for PTC?

17 brokers have issued 1 year price objectives for PTC's stock. Their forecasts range from $53.00 to $150.00. On average, they anticipate PTC's stock price to reach $111.94 in the next year. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for PTC or view Wall Street analyst' top-rated stocks.

Who are some of PTC's key competitors?

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

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 Square (SQ).

Who are PTC's key executives?

PTC's management team includes the following people:

Mr. James E. Heppelmann, Pres, CEO, Member of National First Exec. Advisory Board & Director (Age 56, Pay $808.55k)
Mr. Kristian P. Talvitie, Exec. VP & CFO (Age 50, Pay $348.44k)
Mr. Aaron C. Von Staats, Exec. VP, Gen. Counsel & Sec. (Age 54, Pay $383.37k)
Ms. Kathleen Mitford, EVP & Chief Strategy Officer (Age 47, Pay $383.44k)
Mr. Troy K. Richardson, Exec. VP & COO
Mr. Steve Dertien, CTO & Exec. VP
Mr. Michael DiTullio, Exec. VP Sales & Commercial Marketing
Ms. Jill Larsen, Chief People Officer & Exec. VP
Mr. Gary Smith, Sr. VP of WW Channel Sales & Programs
Mr. Michael M. Campbell, Exec. VP & GM of Augmented Reality Products

What is PTC's stock symbol?

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

Who are PTC's major shareholders?

PTC's stock is owned by many different institutional and retail investors. Top institutional investors include Capital Investment Services of America Inc. (0.20%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.02%), DAVENPORT & Co LLC (0.01%), Crossmark Global Holdings Inc. (0.01%) and IFM Investors Pty Ltd (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, Phillip M Fernandez 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 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, and Phillip M Fernandez.
View insider buying and selling activity for PTC or view top insider-selling stocks.

Which major investors are buying PTC stock?

PTC stock was purchased by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, Capital Investment Services of America Inc., James Hambro & Partners, 6 Meridian, Redpoint Investment Management Pty Ltd, Crossmark Global Holdings Inc., IFM Investors Pty Ltd, and Louisiana State Employees Retirement System.
View insider buying and selling activity for PTC or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PTC's stock price today?

One share of PTC stock can currently be purchased for approximately $124.12.

How big of a company is PTC?

PTC has a market capitalization of $14.48 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 6,243 workers across the globe.

What is PTC's official website?

The official website for PTC is www.ptc.com.

How can I contact PTC?

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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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