NASDAQ:PTC - PTC Stock Price, News & Analysis

$65.12
-2.25 (-3.34 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$65.04
Now: $65.12
$67.70
50-Day Range
$63.17
MA: $76.51
$92.98
52-Week Range
$62.05
Now: $65.12
$107.44
Volume1.04 million shs
Average Volume1.59 million shs
Market Capitalization$7.50 billion
P/E Ratio72.36
Dividend YieldN/A
Beta1.15
PTC Inc operates as software and services company in Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:PTC
Previous SymbolNASDAQ:PMTC
CUSIPN/A
Phone781-370-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.5840 per share
Book Value$10.55 per share

Profitability

Net Income$51.98 million

Miscellaneous

Employees6,110
Market Cap$7.50 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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PTC (NASDAQ:PTC) Frequently Asked Questions

What is PTC's stock symbol?

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

How will PTC's stock buyback program work?

PTC announced that its Board of Directors has authorized a share repurchase plan on Wednesday, September 20th 2017, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were PTC's earnings last quarter?

PTC Inc (NASDAQ:PTC) announced its quarterly earnings data on Wednesday, July, 24th. The technology company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.18 by $0.18. The technology company had revenue of $322.40 million for the quarter, compared to the consensus estimate of $322.42 million. PTC had a net margin of 2.63% and a return on equity of 10.44%. The firm's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.36 EPS. View PTC's Earnings History.

When is PTC's next earnings date?

PTC is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for PTC.

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

PTC updated its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $1.43-$1.53 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.80. The company issued revenue guidance of $1249-$1264 billion, compared to the consensus revenue estimate of $1.32 billion.

What price target have analysts set for PTC?

16 brokerages have issued 12-month target prices for PTC's shares. Their forecasts range from $65.00 to $111.00. On average, they expect PTC's share price to reach $91.60 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price. View Analyst Price Targets for PTC.

What is the consensus analysts' recommendation for PTC?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 2 sell ratings, 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PTC.

What are Wall Street analysts saying about PTC stock?

Here are some recent quotes from research analysts about PTC stock:
  • 1. According to Zacks Investment Research, "PTC Inc. develops, markets, and supports software solutions. The company offers enterprise solutions and desktop solutions. Its principal Enterprise Solutions are Windchill, Arbortext, Creo View and Integrity. The Company's Desktop Solutions include its integrated Creo software suite, its Mathcad engineering calculations software and its Arbortext document authoring tools. It also offers consultation, implementation, training, and maintenance services. PTC Inc., formerly known as Parametric Technology Corporation, is headquartered in Needham, Massachusetts. " (7/30/2019)
  • 2. Evercore ISI analysts commented, "We attended PTC’s customer conference (LiveWorx) in Boston. With a couple noisy quarters behind the company we found the conference as an opportunity to revisit the long-term story. Though we believe some expected an update on the F23 targets, additional work needs to be done to convert the estimates to ASC 606; importantly, however, management reaffirmed the $850M F23 FCF target. From a technology standpoint, we recommend investors watch the keynote when it is available online as it is helpful in visualizing the company’s technology portfolio, but we also provide detail within. We continue to believe the company has many options for upside on an already compelling TAM inclusive of its meaningful partnerships. We remain encouraged by PTC’s long-term prospect. Maintain Outperform rating and $110 price target." (6/13/2019)

Has PTC been receiving favorable news coverage?

Press coverage about PTC stock has trended positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news 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 positive five, with scores closest to five being the most favorable. PTC earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for PTC.

Are investors shorting PTC?

PTC saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 6,235,200 shares, a decrease of 18.2% from the June 30th total of 7,622,800 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is presently 5.1 days. Currently, 5.8% of the company's shares are short sold. View PTC's Current Options Chain.

Who are some of PTC's key 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 NVIDIA (NVDA), Paypal (PYPL), Square (SQ), Micron Technology (MU), Lululemon Athletica (LULU), Sony (SNE), Starbucks (sbux), STMicroelectronics (STM), Taiwan Semiconductor Mfg. (TSM) and Adobe (ADBE).

Who are PTC's key executives?

PTC's management team includes the folowing people:
  • Mr. James E. Heppelmann, Pres, CEO, Director & Member of National First Exec. Advisory Board (Age 55)
  • Mr. Andrew D. Miller, Exec. VP & CFO (Age 59)
  • Dr. Barry F. Cohen, Exec. VP & Chief Strategy Officer (Age 75)
  • Mr. Matthew Lessner Cohen, Exec. VP of Field Operations (Age 43)
  • Ms. Kathleen Mitford, Exec. VP of Products (Age 46)

Who are PTC's major shareholders?

PTC's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.55%), BlackRock Inc. (11.54%), Vanguard Group Inc. (8.57%), OZ Management LP (2.16%), Marshall Wace North America L.P. (1.73%) and Impax Asset Management Group plc (1.45%). 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, Paul A Lacy, Phillip M Fernandez, Robert Schechter and Staats Aaron C Von. View Institutional Ownership Trends for PTC.

Which institutional investors are selling PTC stock?

PTC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Carillon Tower Advisers Inc., Marshall Wace LLP, Allianz Asset Management GmbH, Victory Capital Management Inc., Vanguard Group Inc., Tensile Capital Management LLC and AXA. Company insiders that have sold PTC company stock in the last year include Andrew Miller, 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 Insider Buying and Selling for PTC.

Which institutional investors are buying PTC stock?

PTC stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Senator Investment Group LP, BlackRock Inc., BlackRock Inc., Pictet Asset Management Ltd., Marshall Wace North America L.P., Nuveen Asset Management LLC and Meritage Group LP. View Insider Buying and Selling for PTC.

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

What is PTC's stock price today?

One share of PTC stock can currently be purchased for approximately $65.12.

How big of a company is PTC?

PTC has a market capitalization of $7.50 billion and generates $1.24 billion in revenue each year. The technology company earns $51.98 million in net income (profit) each year or $0.90 on an earnings per share basis. PTC employs 6,110 workers across the globe.View Additional Information About PTC.

What is PTC's official website?

The official website for PTC is http://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]


MarketBeat Community Rating for PTC (NASDAQ PTC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  478 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  816
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.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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