NASDAQ:PTC - PTC Stock Price, News, & Analysis

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

PTC declared that its Board of Directors has approved a stock buyback program on Wednesday, September 20th 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 7.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

PTC Inc (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, July, 18th. The technology company reported $0.36 EPS for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.04. The technology company earned $314.78 million during the quarter, compared to the consensus estimate of $312.95 million. PTC had a net margin of 4.55% and a return on equity of 11.62%. The company's revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 earnings per share. View PTC's Earnings History.

PTC is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for PTC.

PTC issued an update on its fourth quarter earnings guidance on Wednesday, July, 18th. The company provided earnings per share (EPS) guidance of $0.41-0.46 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.41. The company issued revenue guidance of $318-323 million, compared to the consensus revenue estimate of $327.70 million.

15 equities research analysts have issued twelve-month price targets for PTC's shares. Their forecasts range from $67.00 to $115.00. On average, they expect PTC's share price to reach $99.6667 in the next twelve months. This suggests a possible upside of 8.0% 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 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PTC.

PTC saw a increase in short interest in July. As of July 31st, there was short interest totalling 11,147,008 shares, an increase of 296.8% from the July 13th total of 2,809,275 shares. Based on an average daily trading volume, of 1,137,063 shares, the days-to-cover ratio is presently 9.8 days. Currently, 10.7% of the company's shares are sold short. View PTC's Current Options Chain.

Some companies that are related to PTC include Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), ANSYS (ANSS), Mobileye (MBBYF), Synopsys (SNPS) and SS&C Technologies (SSNC).

Media stories about PTC stock have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PTC earned a daily sentiment score of 0.05 on Accern's scale. They also gave media coverage about the technology company an impact score of 48.46 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for PTC.

PTC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (11.01%), BlackRock Inc. (9.05%), Epoch Investment Partners Inc. (2.82%), OppenheimerFunds Inc. (1.60%), Eagle Asset Management Inc. (1.59%) and Carillon Tower Advisers Inc. (1.26%). Company insiders that own PTC stock include Alan Pui Fai Chan, Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Matthew Lessner Cohen, Paul A Lacy, Phillip M Fernandez, Robert C Gremley, 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 Epoch Investment Partners Inc., FMR LLC, Eagle Asset Management Inc., OppenheimerFunds Inc., Jennison Associates LLC, Carillon Tower Advisers Inc., TD Asset Management Inc. and Sumitomo Mitsui Asset Management Company LTD. Company insiders that have sold PTC company stock in the last year include Andrew Miller, Anthony Dibona, Barry F Cohen, Corinna Lathan, Donald K Grierson, James E Heppelmann, Matthew Lessner Cohen, Paul A Lacy, Phillip M Fernandez, Robert Schechter and Staats Aaron C Von. View Insider Buying and Selling for PTC.

PTC stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, First Trust Advisors LP, BlackRock Inc., Advisors Asset Management Inc., Marshall Wace LLP, Point72 Asset Management L.P., Janus Henderson Group PLC and Federated Investors Inc. PA. 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, Scottrade, Fidelity and Charles Schwab.

One share of PTC stock can currently be purchased for approximately $92.31.

PTC has a market capitalization of $11.11 billion and generates $1.16 billion in revenue each year. The technology company earns $6.23 million in net income (profit) each year or $0.74 on an earnings per share basis. PTC employs 6,041 workers across the globe.

PTC's mailing address is 140 KENDRICK STREET, NEEDHAM MA, 02494. The technology company can be reached via phone at 781-370-5000 or via email at [email protected]