S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Why is Russia reopening dormant copper mines? (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Why is Russia reopening dormant copper mines? (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Why is Russia reopening dormant copper mines? (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Why is Russia reopening dormant copper mines? (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Why is Russia reopening dormant copper mines? (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
NASDAQ:PTC

PTC - PTC Stock Forecast, Price & News

$123.33
-3.14 (-2.48%)
(As of 12/5/2022 12:00 AM ET)
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Compare
Today's Range
$122.01
$125.75
50-Day Range
$104.24
$132.01
52-Week Range
$96.55
$133.14
Volume
458,372 shs
Average Volume
755,317 shs
Market Capitalization
$14.49 billion
P/E Ratio
46.54
Dividend Yield
N/A
Price Target
$142.88

PTC MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
15.8% Upside
$142.88 Price Target
Short Interest
Healthy
1.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.14mentions of PTC in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$34.47 M Sold Last Quarter
Proj. Earnings Growth
21.24%
From $3.39 to $4.11 Per Share

Overall MarketRank

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

2.67 out of 5 stars

Computer And Technology Sector

107th out of 634 stocks

Prepackaged Software Industry

34th out of 221 stocks

PTC stock logo

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

Why is Russia reopening dormant copper mines?
In deepest Siberia, Russian oligarchs are pouring $15 billion into two long-dormant copper mines with close access to the lucrative China market. Copper is essential to the West's plans to transition to green energy and Russia has the third-largest reserves in the world. Is Putin making a move to corner the copper market? New sources of copper – outside Russia – are desperately needed for the West to win its war for energy independence.
PTC Inc. (NASDAQ:PTC) Director Sells $7,200,120.00 in Stock
PTC Full Year 2022 Earnings: EPS Beats Expectations
China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
Blake D. Moret Sells 8,000 Shares of PTC Inc. (NASDAQ:PTC) Stock
PTC Inc. (PTC) Q4 2022 Earnings Call Transcript
PTC Inc. Q4 Profit Decreases, but beats estimates
PTC's Q4 Earnings and Revenues Beat Estimates, Rise Y/Y
Where PTC Stands With Analysts
See More Headlines
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PTC Company Calendar

Last Earnings
11/03/2021
Today
12/05/2022
Next Earnings (Estimated)
1/25/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:PTC
Previous Symbol
NASDAQ:PMTC
Employees
6,503
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$142.88
High Stock Price Forecast
$155.00
Low Stock Price Forecast
$128.00
Forecasted Upside/Downside
+15.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$313.08 million
Pretax Margin
20.54%

Debt

Sales & Book Value

Annual Sales
$1.93 billion
Cash Flow
$4.36 per share
Book Value
$19.55 per share

Miscellaneous

Free Float
105,549,000
Market Cap
$14.49 billion
Optionable
Optionable
Beta
1.18

Social Links


Key Executives

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













PTC Stock - Frequently Asked Questions

Should I buy or sell PTC stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 2023?

8 brokers have issued 12 month target prices for PTC's stock. Their PTC share price forecasts range from $128.00 to $155.00. On average, they predict the company's stock price to reach $142.88 in the next twelve months. This suggests a possible upside of 15.8% 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 start of the year. Since then, PTC stock has increased by 1.8% and is now trading at $123.33.
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, January 25th 2023.
View our PTC earnings forecast
.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) issued its quarterly earnings data on Wednesday, November, 3rd. The technology company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.37 by $0.73. The technology company earned $480.66 million during the quarter, compared to analyst estimates of $430.30 million. PTC had a trailing twelve-month return on equity of 18.58% and a net margin of 16.19%. The business's revenue was up 22.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share.
Read the conference call transcript
.

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

PTC updated its FY 2023 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.91 billion-$1.99 billion, compared to the consensus revenue estimate of $2.12 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."

Who are PTC's major shareholders?

PTC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.30%), BlackRock Inc. (7.44%), Pictet Asset Management SA (3.75%), Alliancebernstein L.P. (3.61%), State Street Corp (3.45%) and Impax Asset Management Group plc (2.73%). Insiders that own company stock include Blake D Moret, Catherine Kniker, Corinna Lathan, Eduarda Camacho, James E Heppelmann, Kathleen Mitford, Kristian Talvitie, Michael Ditullio, Phillip M Fernandez, Robert Schechter, Staats Aaron C Von and Staats Aaron C Von.
View institutional ownership trends
.

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 $123.33.

How much money does PTC make?

PTC (NASDAQ:PTC) has a market capitalization of $14.49 billion and generates $1.93 billion in revenue each year. The technology company earns $313.08 million in net income (profit) each year or $2.65 on an earnings per share basis.

How many employees does PTC have?

The company employs 6,503 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.
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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 12/6/2022 by MarketBeat.com Staff