NASDAQ:PTCPTC Stock Price, Forecast & News

PTC's stock was trading at $59.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PTC stock has increased by 38.8% and is now trading at $82.89. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PTC.

PTC is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for PTC.

PTC will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

PTC Inc (NASDAQ:PTC) posted its quarterly earnings data on Wednesday, April, 29th. The technology company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.15. The technology company had revenue of $359.60 million for the quarter, compared to analysts' expectations of $340.32 million. PTC had a return on equity of 15.35% and a net margin of 4.67%. The company's quarterly revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.22 EPS. View PTC's earnings history.

PTC issued an update on its FY20 earnings guidance on Wednesday, April, 29th. The company provided EPS guidance of $2.20-2.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.21. The company issued revenue guidance of $1.4-1.43 billion, compared to the consensus revenue estimate of $1.42 billion.

13 Wall Street analysts have issued 1-year price objectives for PTC's stock. Their forecasts range from $65.00 to $105.00. On average, they expect PTC's stock price to reach $88.64 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for PTC.

Press coverage about PTC stock has trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. 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 news sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about PTC.

PTC saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,020,000 shares, an increase of 8.0% from the June 15th total of 1,870,000 shares. Based on an average daily trading volume, of 857,600 shares, the short-interest ratio is currently 2.4 days. Approximately 1.9% of the company's stock are sold short. View PTC's Current Options Chain.

Some companies that are related to PTC include Veeva Systems (VEEV), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Datadog (DDOG), Cadence Design Systems (CDNS), Okta (OKTA), ANSYS (ANSS), Crowdstrike (CRWD), Atlassian (TEAM), Coupa Software (COUP), Citrix Systems (CTXS), Paycom Software (PAYC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO) and Check Point Software Technologies (CHKP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PTC investors own include NVIDIA (NVDA), Paypal (PYPL), Micron Technology (MU), Square (SQ), Intel (INTC), Starbucks (SBUX), STMicroelectronics (STM), Adobe (ADBE), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

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

PTC's stock is owned by many different retail and institutional investors. Top institutional investors include Robecosam AG (0.54%), Capital Investment Services of America Inc. (0.20%), DNB Asset Management AS (0.12%) and Envestnet Asset Management Inc. (0.02%). 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 Robecosam AG. Company insiders that have sold PTC company stock in the last year include 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 activity for PTC.

PTC stock was purchased by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc., DNB Asset Management AS, and Envestnet Asset Management Inc.. View insider buying and selling activity 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 $82.89.

PTC has a market capitalization of $9.59 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.

The official website for PTC is 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]