NASDAQ:PTC

PTC - PTC Stock Forecast, Price & News

$118.57

-1.82 (-1.51%)

(As of 03/22/2023 12:00 AM ET)

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Today's Range: $118.50
▼
$121.26
50-Day Range: $117.33
▼
$138.11
52-Week Range: $96.55
▼
$139.91

Volume: 530,097 shs
Average Volume: 785,857 shs
Market Capitalization: $14.02 billion

P/E Ratio: 41.03
Dividend Yield: N/A
Price Target: $154.55

Institutional Ownership

PTC MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 30.3% Upside
$154.55 Price Target
Short Interest: Healthy
1.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.17
Upright™ Environmental Score
News Sentiment: 0.46
Based on 6 Articles This Week
Insider Trading: Selling Shares
$25.74 M Sold Last Quarter
Proj. Earnings Growth: 35.69%
From $2.97 to $4.03 Per Share

Overall MarketRank^™

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

3.16 out of 5 stars

Computer And Technology Sector

16th out of 602 stocks

Prepackaged Software Industry

2nd out of 212 stocks

4.4

Analyst's Opinion

Consensus Rating
PTC has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $154.55, PTC has a forecasted upside of 30.3% from its current price of $118.57.
Amount of Analyst Coverage
PTC has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.27% of the float of PTC has been sold short.
Short Interest Ratio / Days to Cover
PTC has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PTC has recently decreased by 7.95%, indicating that investor sentiment is improving significantly.

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.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PTC has received a 21.24% net impact score from Upright. PTC seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "IoT software", "Architectural design 3D modelling software", and "Architectural design 2D modelling software" products. See details.
Environmental Sustainability
The Environmental Impact score for PTC is -1.17.

1.9

News and Social Media Coverage

News Sentiment
PTC has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for PTC this week, compared to 6 articles on an average week.
Search Interest
Only 1 people have searched for PTC on MarketBeat in the last 30 days. This is a decrease of -94% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added PTC to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

2.5

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 $25,741,693.00 in company stock.
Percentage Held by Insiders
Only 8.26% of the stock of PTC is held by insiders.
Percentage Held by Institutions
86.79% of the stock of PTC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PTC are expected to grow by 35.69% in the coming year, from $2.97 to $4.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PTC is 41.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of PTC is 41.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 310.67.
Price to Earnings Growth Ratio
PTC has a PEG Ratio of 2.69. 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 6.06. 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

About PTC (NASDAQ:PTC) Stock

PTC, Inc. is a global software company, which engages in the provision of portfolio of innovative digital solutions that work together to transform how physical products are engineered, manufactured, and serviced. It operates through the Software Products and Professional Services segments. The Software Products segment includes license, subscription, and related support revenue for its products. The Professional Services segment consists of consulting, implementation, and training services. The company was founded in 1985 and is headquartered in Boston, MA.

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PTC Stock News Headlines

March 21, 2023 | marketbeat.com

Why did Sarepta Therapeutics Stock Plummet? (PTC)

SRPT stock fell 20% after the FDA changed course on their new DMD treatment approval. The stock remains strong with an encouraging outlook and a mod Buy rating.

March 16, 2023 | americanbankingnews.com

PTC Inc. (NASDAQ:PTC) Receives $154.55 Average PT from Analysts

March 23, 2023 | Health Sector Insight (Ad)

Penny Stock Shows Big Potential

The $4.37 trillion wellness market and the little-known penny stock to get on radar now.

March 7, 2023 | finance.yahoo.com

PTC's (NASDAQ:PTC) Returns On Capital Are Heading Higher

March 3, 2023 | finance.yahoo.com

PTC Inc. (PTC) Down 5.8% Since Last Earnings Report: Can It Rebound?

February 20, 2023 | finance.yahoo.com

PTC Extends Executive Agreement with CEO James Heppelmann

February 16, 2023 | finance.yahoo.com

3 Hot Growth Stocks That Recently Beat Wall Street's Expectations

February 12, 2023 | finance.yahoo.com

3 Cathie Wood Growth Stocks to Buy and Hold for the Long Term

March 23, 2023 | Health Sector Insight (Ad)

Penny Stock Shows Big Potential

The $4.37 trillion wellness market and the little-known penny stock to get on radar now.

February 12, 2023 | marketwatch.com

PTC Thermistor Probes Market Research Report 2023-2028

February 12, 2023 | msn.com

Friday results: Aquinas boys earn share of PTC; Perry snaps Federal League losing streak

February 10, 2023 | finance.yahoo.com

We Think Shareholders Will Probably Be Generous With PTC Inc.'s (NASDAQ:PTC) CEO Compensation

February 7, 2023 | seekingalpha.com

PTC Completes Deal For ServiceMax To Expand Addressable Market

February 3, 2023 | seekingalpha.com

PTC Taking Share In Growing Markets, With SaaS Transition As A Kicker

February 2, 2023 | finance.yahoo.com

PTC Inc. (NASDAQ:PTC) Q1 2023 Earnings Call Transcript

February 2, 2023 | finance.yahoo.com

PTC Inc. (PTC) Misses Q1 Earnings Estimates

February 1, 2023 | fool.com

PTC (PTC) Q1 2023 Earnings Call Transcript

February 1, 2023 | finance.yahoo.com

PTC ANNOUNCES FIRST FISCAL QUARTER 2023 RESULTS

January 26, 2023 | finance.yahoo.com

MicroStrategy (MSTR) Reports Next Week: Wall Street Expects Earnings Growth

January 23, 2023 | finance.yahoo.com

PTC's Recent Transparency & Conservative Framework Change This Analyst's Tune To Positive Side

January 17, 2023 | tmcnet.com

PTC positioned as the Leader in the 2022 SPARK Matrix for Retail Product Lifecycle Management (PLM) by Quadrant Knowledge Solutions

January 17, 2023 | marketwatch.com

Positive Temperature Coefficient (PTC) Thermistors Market Size 2023 with the increasing need to extend Outlook 2028

January 17, 2023 | marketwatch.com

Global PTC Heating Film Market 2023 (New Report) Capital Investment, Emerging Trends, and Future Expansion Through 2028 | 108 Pages Report

January 17, 2023 | finance.yahoo.com

PTC Therapeutics Launches 9th Annual STRIVE™ Awards Program to Fund Initiatives Benefitting the Duchenne Muscular Dystrophy Community

January 16, 2023 | finance.yahoo.com

Investors in PTC (NASDAQ:PTC) have made a respectable return of 78% over the past five years

January 12, 2023 | msn.com

PTC India shares zoom 15% in three sessions as Gautam Adani eyes stake

January 12, 2023 | marketwatch.com

PTC Heaters Market is Taking Hike in Revenue Along With Top Key Players Profile and Forecast 2023 To 2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PTC Company Calendar

Last Earnings: 2/01/2023
Today: 3/23/2023
Next Earnings (Estimated): 4/26/2023
Fiscal Year End: 9/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:PTC
Previous Symbol: NASDAQ:PMTC
CUSIP: N/A
CIK: 857005
Web: www.ptc.com
Phone: (781) 370-5000
Fax: 781-370-6000
Employees: 6,503
Year Founded: 1985

Price Target and Rating

Average Stock Price Forecast: $154.55
High Stock Price Forecast: $170.00
Low Stock Price Forecast: $130.00
Forecasted Upside/Downside: +30.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.89
Trailing P/E Ratio: 41.03
Forward P/E Ratio: 39.92
P/E Growth: 2.69
Net Income: $313.08 million
Net Margins: 17.62%
Pretax Margin: 22.05%
Return on Equity: 18.20%
Return on Assets: 8.81%

Debt

Debt-to-Equity Ratio: 0.56
Current Ratio: 1.43
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: $1.93 billion
Price / Sales: 7.25
Cash Flow: $4.45 per share
Price / Cash Flow: 26.63
Book Value: $19.55 per share
Price / Book: 6.06

Miscellaneous

Outstanding Shares: 118,260,000
Free Float: 108,494,000
Market Cap: $14.02 billion
Optionable: Optionable
Beta: 1.18

Social Links

Key Executives

James E. Heppelmann
Chief Executive Officer & Director

Michael J. DiTullio
President & Chief Operating Officer

Kristian P. Talvitie
Chief Financial Officer & Executive Vice President

Steve Dertien
Chief Technology Officer & Executive VP

Eduarda Camacho
Chief Customer Officer & Executive Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PTC Stock - Frequently Asked Questions

Should I buy or sell PTC stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last year. There are currently 3 hold ratings and 9 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?: 12 equities research analysts have issued 1-year price objectives for PTC's stock. Their PTC share price forecasts range from $130.00 to $170.00. On average, they predict the company's stock price to reach $154.55 in the next year. This suggests a possible upside of 30.3% 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 2023?: PTC's stock was trading at $120.04 at the start of the year. Since then, PTC stock has decreased by 1.2% and is now trading at $118.57.
View the best growth stocks for 2023 here.
When is PTC's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our PTC earnings forecast.
How were PTC's earnings last quarter?: PTC Inc. (NASDAQ:PTC) released its quarterly earnings results on Wednesday, February, 1st. The technology company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.01 by $0.01. The technology company earned $465.91 million during the quarter, compared to analysts' expectations of $464.43 million. PTC had a trailing twelve-month return on equity of 18.20% and a net margin of 17.62%. The company's quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 EPS.
Read the conference call transcript.
What ETFs hold PTC's stock?: ETFs with the largest weight of PTC (NASDAQ:PTC) stock in their portfolio include ProShares S&P Kensho Smart Factories ETF (MAKX), iShares Future Metaverse Tech and Communications ETF (IVRS), 3D Printing ETF (PRNT), VictoryShares THB Mid Cap ESG ETF (MDCP), Pacer BlueStar Engineering the Future ETF (BULD), Gabelli Automation ETF (GAST), Fidelity Metaverse ETF (FMET) and Nuveen ESG Mid-Cap Growth ETF (NUMG).
What guidance has PTC issued on next quarter's earnings?: PTC issued an update on its FY 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.07 billion-$2.15 billion, compared to the consensus revenue estimate of $2.04 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 many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (3.40%), T. Rowe Price Investment Management Inc. (3.12%), Select Equity Group L.P. (2.97%), Impax Asset Management Group plc (2.41%), Generation Investment Management LLP (2.13%) and Geode Capital Management LLC (1.92%). 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 $118.57.
How much money does PTC make?: PTC (NASDAQ:PTC) has a market capitalization of $14.02 billion and generates $1.93 billion in revenue each year. The technology company earns $313.08 million in net income (profit) each year or $2.89 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.
Read More
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 3/23/2023 by MarketBeat.com Staff

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PTC - PTC Stock Forecast, Price & News

PTC MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PTC (NASDAQ:PTC) Stock

PTC Stock News Headlines

PTC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

PTC Stock - Frequently Asked Questions

Overall MarketRank^™