PTC (PTC) Stock Price, News & Analysis

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PTC in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PTC shares.
View PTC analyst ratings or view top-rated stocks.

11 brokerages have issued twelve-month target prices for PTC's stock. Their PTC share price targets range from $177.00 to $216.00. On average, they anticipate the company's stock price to reach $200.64 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for PTC or view top-rated stocks among Wall Street analysts.

PTC's stock was trading at $174.96 on January 1st, 2024. Since then, PTC stock has increased by 0.5% and is now trading at $175.77.
View the best growth stocks for 2024 here.

PTC saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,220,000 shares, an increase of 32.9% from the March 15th total of 1,670,000 shares. Based on an average daily trading volume, of 827,900 shares, the days-to-cover ratio is presently 2.7 days.
View PTC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our PTC earnings forecast.

PTC Inc. (NASDAQ:PTC) released its earnings results on Wednesday, February, 1st. The technology company reported $0.99 EPS for the quarter, missing analysts' consensus estimates of $1.01 by $0.01. The technology company earned $465.91 million during the quarter, compared to the consensus estimate of $464.43 million. PTC had a net margin of 12.84% and a trailing twelve-month return on equity of 13.76%. The company's quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS.
Read the conference call transcript.

ETFs with the largest weight of PTC (NASDAQ:PTC) stock in their portfolio include Fidelity Disruptive Automation ETF (FBOT), iShares Future Metaverse Tech and Communications ETF (IVRS), ProShares Metaverse ETF (VERS), 3D Printing ETF (PRNT), VictoryShares THB Mid Cap ESG ETF (MDCP), BTD Capital Fund (DIP), ProShares S&P Kensho Smart Factories ETF (MAKX) and Congress SMid Growth ETF (CSMD).

PTC issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 4.600-5.100 for the period, compared to the consensus earnings per share estimate of 4.940. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

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.

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).

PTC's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (0.89%), Robeco Schweiz AG (0.74%), Sumitomo Mitsui Trust Holdings Inc. (0.64%), Perpetual Ltd (0.47%), Jennison Associates LLC (0.24%) and Renaissance Group LLC (0.18%). Insiders that own company stock include Blake D Moret, Catherine Kniker, Corinna Lathan, James E Heppelmann, Kristian Talvitie, Michael Ditullio, Paul A Lacy, Robert Schechter, Staats Aaron C Von and Staats Aaron C Von.
View institutional ownership trends.

Shares of PTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.