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 for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.13. The technology company had revenue of $356.10 million for 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%. The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior 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 EPS 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 brokerages have issued 1 year target prices 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 year. This suggests a possible upside of 15.3% 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.

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

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), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Twilio (TWLO), Okta (OKTA), Docusign (DOCU), SS&C Technologies (SSNC) and Tableau Software (DATA).

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), Alibaba Group (BABA), Square (SQ), STMicroelectronics (STM), Xilinx (XLNX) and Taiwan Semiconductor Mfg. (TSM).

PTC's stock is owned by a variety of 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 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 $80.75.

PTC has a market capitalization of $9.33 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]