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NASDAQ:PTC

PTC (PTC) Stock Price, News & Analysis

$167.80
+3.04 (+1.85%)
(As of 09/9/2024 ET)
Today's Range
$166.19
$168.72
50-Day Range
$164.76
$187.32
52-Week Range
$134.61
$194.24
Volume
782,280 shs
Average Volume
829,738 shs
Market Capitalization
$20.16 billion
P/E Ratio
70.21
Dividend Yield
N/A
Price Target
$200.18

PTC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
19.3% Upside
$200.18 Price Target
Short Interest
Healthy
2.53% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.17
Upright™ Environmental Score
News Sentiment
0.27mentions of PTC in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$3.14 M Sold Last Quarter
Proj. Earnings Growth
28.41%
From $3.52 to $4.52 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.

4.14 out of 5 stars

Computer And Technology Sector

155th out of 582 stocks

Prepackaged Software Industry

43rd out of 198 stocks

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

Exposed: The Plot to Destroy America
Is Your Family Prepared for Kamala’s America? The coup has already begun. Kamala Harris is just one step away from the presidency, and her plan will devastate every state in America. Find out how to shield your wealth and thrive in the coming chaos.
PTC Industries bags new order - Check details
Exposed: The Plot to Destroy America
Is Your Family Prepared for Kamala’s America? The coup has already begun. Kamala Harris is just one step away from the presidency, and her plan will devastate every state in America. Find out how to shield your wealth and thrive in the coming chaos.
PTC Appoints Rob Bernshteyn to Board of Directors
See More Headlines
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Company Calendar

Last Earnings
2/01/2023
Today
9/09/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/06/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:PTC
Previous Symbol
NASDAQ:PMTC
Employees
7,231
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$200.18
High Stock Price Target
$216.00
Low Stock Price Target
$182.00
Potential Upside/Downside
+19.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$245.54 million
Pretax Margin
17.46%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$4.21 per share
Book Value
$22.53 per share

Miscellaneous

Free Float
118,300,000
Market Cap
$20.16 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 a consensus rating of "Moderate Buy" with a consensus target price of $200.18, indicating potential for growth based on analyst recommendations.
  • Massachusetts Financial Services Co. MA raised its holdings in PTC by 66.9% in the second quarter, showing institutional investor confidence in the company's future prospects.
  • Insiders have been actively buying and selling shares, with recent transactions indicating confidence in the company's performance and potential.
  • PTC Inc. operates as a software company providing innovative solutions for product development, Industrial Internet of Things, and field service management, positioning itself in high-demand sectors.
  • The stock price of PTC Inc. has shown resilience, trading at $173.56 with a market cap of $20.78 billion, suggesting stability and market confidence.

Cons

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

  • PTC Inc. stock has a price-to-earnings ratio of 72.62 and a P/E/G ratio of 3.23, indicating a relatively high valuation compared to industry peers, potentially limiting short-term upside.
  • The company's stock has a beta of 1.18, suggesting higher volatility compared to the market average, which may lead to increased risk for investors.
  • Recent insider selling activities, including significant shares sold by key executives, could raise concerns about the company's future performance or strategic direction.
  • PTC Inc. faces competition in the software industry, which could impact its market share and profitability in the long run.
  • The company's debt-to-equity ratio of 0.43 may indicate a moderate level of financial leverage, potentially affecting its ability to navigate economic downturns or invest in growth opportunities.
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 Sunday, September 8, 2024. Please send any questions or comments about these PTC pros and cons to contact@marketbeat.com.

PTC Stock Analysis - Frequently Asked Questions

How have PTC shares performed this year?

PTC's stock was trading at $174.96 at the beginning of the year. Since then, PTC stock has decreased by 4.1% and is now trading at $167.80.
View the best growth stocks for 2024 here
.

How were PTC's earnings last quarter?

PTC Inc. (NASDAQ:PTC) posted its quarterly earnings results on Wednesday, February, 1st. The technology company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.01 by $0.01. PTC's quarterly revenue was up 1.8% compared to the same quarter last year.
Read the conference call transcript
.

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.

Does PTC have any subsidiaries?

PTC subsidiaries include these companies: Arena Solutions, Onshape, twnkls, Kepware Technologies, Vuforia, ColdLight Solutions, Caugnate, and others.

Who are PTC's major shareholders?

Top institutional shareholders of PTC include Lone Pine Capital LLC (2.12%), Impax Asset Management Group plc (0.95%), Bank of New York Mellon Corp (0.86%) and Liontrust Investment Partners LLP (0.84%). Insiders that own company stock include Blake D Moret, James E Heppelmann, Robert Schechter, Michael Ditullio, Kristian Talvitie, Janice Chaffin, Paul A Lacy, Staats Aaron C Von, Catherine Kniker and Corinna Lathan.
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.

What other stocks do shareholders of PTC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PTC investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), PayPal (PYPL), Tesla (TSLA) and QUALCOMM (QCOM).

This page (NASDAQ:PTC) was last updated on 9/9/2024 by MarketBeat.com Staff

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