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NASDAQ:PTC

PTC (PTC) Stock Price, News & Analysis

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$173.50
-0.77 (-0.44%)
(As of 06/14/2024 ET)
Compare
Today's Range
$171.93
▼
$174.88
50-Day Range
$170.60
▼
$187.14
52-Week Range
$134.61
▼
$194.24
Volume
425,947 shs
Average Volume
818,052 shs
Market Capitalization
$20.77 billion
P/E Ratio
72.59
Dividend Yield
N/A
Price Target
$199.73
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends

PTC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
15.1% Upside
$199.73 Price Target
Short Interest
Healthy
2.43% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.84mentions of PTC in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$2.14 M Sold Last Quarter
Proj. Earnings Growth
34.20%
From $3.48 to $4.67 Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Computer And Technology Sector

45th out of 589 stocks

Prepackaged Software Industry

16th out of 198 stocks

See Top Rated MarketRank™ Stocks Here
PTC stock logo

About PTC Stock (NASDAQ:PTC)

PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools. and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a solution provides retailers with a single platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, a portfolio of industrial connectivity solutions helps companies connect diverse automation devices and software applications; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a cloud product development platform that delivers computer-aided design with data management tools. Further, it offers Vuforia, an augmented reality (AR) technology enables the visualization of digital information in a physical context and the creation of AR enabling companies to drive results in manufacturing, service, engineering, and operations; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.

PTC Stock Price History

PTC Stock News Headlines

June 14 at 10:10 AM | insidertrades.com
PTC Inc. (NASDAQ:PTC) Director Sells $712,800.00 in Stock
June 5, 2024 | insidertrades.com
PTC Inc. (NASDAQ:PTC) Insider Sells $217,506.30 in Stock
May 29, 2024 | insidertrades.com
PTC Inc. (NASDAQ:PTC) COO Sells $1,207,324.80 in Stock
June 12 at 5:02 PM | gurufocus.com
Why Investors Are Eyeing PTC Inc (PTC): The Key Drivers of Market Outperformance and Growth ...
June 11 at 6:30 AM | fool.com
Instead of Buying the Dip on Tesla, Consider These 3 Growth Stocks
June 11 at 6:30 AM | fool.com
Instead of Buying the Dip on Tesla, Consider These 3 Growth Stocks
June 11 at 3:00 AM | gurufocus.com
Q4 2024 PTC India Ltd Earnings Call Transcript
June 10, 2024 | prnewswire.com
SyBridge Technologies Launches SyBridge Studio, an Innovative Application, on the PTC Onshape App Store
June 9, 2024 | americanbankingnews.com
PTC (NASDAQ:PTC) Downgraded by StockNews.com to "Hold"
June 7, 2024 | gurufocus.com
Q4 2024 PTC India Financial Services Ltd Earnings Call Transcript
June 6, 2024 | americanbankingnews.com
PTC Inc. (NASDAQ:PTC) Insider Catherine Kniker Sells 1,254 Shares
June 4, 2024 | gurufocus.com
Insider Sale: Chief Strategy Officer Catherine Kniker Sells Shares of PTC Inc (PTC)
June 4, 2024 | americanbankingnews.com
PTC (NASDAQ:PTC) Rating Reiterated by Mizuho
May 28, 2024 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Healthcare Stocks: Insmed (INSM) and PTC Therapeutics (PTCT)
May 28, 2024 | msn.com
PTC announces launch of 'Made in Pakistan 3.0' initiative
May 28, 2024 | markets.businessinsider.com
PTC Therapeutics: EMA To Review Sepiapterin MAA For PKU
May 27, 2024 | finance.yahoo.com
IIoT Platform Market Size Surges to $18.2 Billion by 2028 - Led by Software AG, PTC, Hitachi, IBM| MarketsandMarkets™
May 26, 2024 | msn.com
The plan to help the most vulnerable in a Trafford suburb
May 25, 2024 | msn.com
Ta-ta to the Turf Club?
May 24, 2024 | msn.com
Resistance expected against any high-rise development plan
May 24, 2024 | msn.com
Union Pacific No. 4014 can now run on its own
May 24, 2024 | finance.yahoo.com
When Should You Buy PTC Inc. (NASDAQ:PTC)?
May 22, 2024 | finance.yahoo.com
News Flash: Analysts Just Made A Notable Upgrade To Their PTC Therapeutics, Inc. (NASDAQ:PTCT) Forecasts
May 21, 2024 | msn.com
Tech Tuesdays: IBM's Latest Gen AI Research
May 21, 2024 | msn.com
PHEAA moves up visit to technical college, will conduct audit over 3 days
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
6/14/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
9/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Computer and Technology
Industry
Prepackaged software
Sub-Industry
N/A
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
7,231
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$199.73
High Stock Price Target
$216.00
Low Stock Price Target
$177.00
Potential Upside/Downside
+15.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.39
Trailing P/E Ratio
72.54
Forward P/E Ratio
49.82
P/E Growth
3.33
Net Income
$245.54 million
Net Margins
12.84%
Pretax Margin
17.68%
Return on Equity
13.76%
Return on Assets
6.08%

Debt

Debt-to-Equity Ratio
0.51
Current Ratio
0.76
Quick Ratio
0.76

Sales & Book Value

Annual Sales
$2.10 billion
Price / Sales
9.90
Cash Flow
$4.05 per share
Price / Cash Flow
42.77
Book Value
$22.53 per share
Price / Book
7.70

Miscellaneous

Outstanding Shares
119,700,000
Free Float
118,300,000
Market Cap
$20.75 billion
Optionable
Optionable
Beta
1.18

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Should I Buy PTC Stock? PTC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PTC Inc.:

  • PTC Inc. has an average rating of "Moderate Buy" with a consensus target price of $200.64, indicating potential for growth.
  • PTC's suite of software solutions, such as Windchill and ThingWorx, cater to the growing demand for Industrial Internet of Things (IIoT) technologies, positioning the company in a high-growth sector.
  • Recent developments in PTC's field service management solutions, like ServiceMax, have enhanced companies' ability to optimize asset uptime and technician productivity, potentially attracting more clients.
  • PTC's real-time information sharing capabilities through its PLM suite can streamline product development processes, leading to increased efficiency and cost savings for clients.
  • With a strong presence in the Americas, Europe, and the Asia Pacific, PTC is well-positioned to capitalize on global market opportunities and diversify its revenue streams.

Cons

Investors should be bearish about investing in PTC Inc. for these reasons:

  • PTC's stock price may be subject to volatility due to market conditions and competition in the software industry, potentially leading to fluctuations in investment returns.
  • The reliance on technology advancements and innovation for product development exposes PTC to risks associated with rapid changes in the tech landscape, requiring continuous investment in research and development.
  • Economic downturns or disruptions in global supply chains could impact PTC's business operations and financial performance, affecting investor confidence.
  • Regulatory changes or data privacy concerns in key markets where PTC operates may pose compliance challenges and increase operational costs for the company.
  • Investors should consider the potential impact of currency exchange rate fluctuations on PTC's international revenue and profitability, as forex movements can influence financial results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these PTC pros and cons to contact@marketbeat.com.

PTC Stock Analysis - Frequently Asked Questions

Should I buy or sell PTC stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PTC in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PTC shares.
View PTC analyst ratings or view top-rated stocks.

What is PTC's stock price target for 2024?

11 Wall Street research analysts have issued 12-month price targets 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 $199.73 in the next twelve months. This suggests a possible upside of 15.1% 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 2024?

PTC's stock was trading at $174.96 on January 1st, 2024. Since then, PTC shares have decreased by 0.8% and is now trading at $173.50.
View the best growth stocks for 2024 here.

Are investors shorting PTC?

PTC saw a increase in short interest in May. As of May 31st, there was short interest totaling 2,910,000 shares, an increase of 31.1% from the May 15th total of 2,220,000 shares. Based on an average daily trading volume, of 750,600 shares, the days-to-cover ratio is currently 3.9 days.
View PTC's Short Interest.

When is PTC's next earnings date?

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

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) issued its quarterly earnings data on Wednesday, May, 1st. The technology company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.23. The technology company had revenue of $603.07 million for the quarter, compared to the consensus estimate of $575.53 million. PTC had a trailing twelve-month return on equity of 13.76% and a net margin of 12.84%.

What ETFs hold PTC's stock?

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), ProShares S&P Kensho Smart Factories ETF (MAKX), 3D Printing ETF (PRNT), VictoryShares THB Mid Cap ESG ETF (MDCP), Congress SMid Growth ETF (CSMD) and Pacer BlueStar Engineering the Future ETF (BULD).

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

PTC issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS 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.

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).

Who are PTC's major shareholders?

PTC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.48%), Bank of New York Mellon Corp (0.89%), Lazard Asset Management LLC (0.89%), Robeco Schweiz AG (0.74%), Price T Rowe Associates Inc. MD (0.73%) and Sumitomo Mitsui Trust Holdings Inc. (0.64%). Insiders that own company stock include Blake D Moret, Catherine Kniker, Corinna Lathan, James E Heppelmann, Janice Chaffin, Kristian Talvitie, Michael Ditullio, Paul A Lacy, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:PTC) was last updated on 6/14/2024 by MarketBeat.com Staff

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