Analysts Set PTC Inc. (NASDAQ:PTC) PT at $202.14

PTC Inc. (NASDAQ:PTC) has earned a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the company, MarketBeat reports. Six analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $202.1429.

PTC has been the subject of a number of research reports. UBS Group reiterated a “buy” rating on shares of PTC in a report on Tuesday, July 29th. Zacks Research cut PTC from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Wells Fargo & Company reiterated an “overweight” rating on shares of PTC in a report on Tuesday, July 29th. Oppenheimer upped their price objective on PTC from $225.00 to $240.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Weiss Ratings upgraded PTC from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th.

Insider Buying and Selling at PTC

In other news, EVP Staats Aaron C. Von sold 1,988 shares of the business’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $216.29, for a total value of $429,984.52. Following the completion of the sale, the executive vice president owned 15,743 shares of the company’s stock, valued at approximately $3,405,053.47. The trade was a 11.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On PTC

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fifth Third Bancorp lifted its stake in shares of PTC by 16.5% in the 1st quarter. Fifth Third Bancorp now owns 3,334 shares of the technology company’s stock valued at $517,000 after acquiring an additional 473 shares during the last quarter. Mather Group LLC. lifted its stake in shares of PTC by 18.3% in the 1st quarter. Mather Group LLC. now owns 845 shares of the technology company’s stock valued at $131,000 after acquiring an additional 131 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of PTC by 20.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,510 shares of the technology company’s stock valued at $2,091,000 after acquiring an additional 2,285 shares during the last quarter. M&T Bank Corp lifted its stake in shares of PTC by 8.2% in the 1st quarter. M&T Bank Corp now owns 9,522 shares of the technology company’s stock valued at $1,475,000 after acquiring an additional 724 shares during the last quarter. Finally, Bright Rock Capital Management LLC bought a new stake in shares of PTC in the 2nd quarter valued at about $2,154,000. Institutional investors own 95.14% of the company’s stock.

PTC Price Performance

PTC stock opened at $202.86 on Thursday. PTC has a 52 week low of $133.38 and a 52 week high of $219.69. The business has a 50-day simple moving average of $206.77 and a 200 day simple moving average of $184.09. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34. The stock has a market cap of $24.30 billion, a price-to-earnings ratio of 47.84, a PEG ratio of 1.95 and a beta of 1.14.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, July 30th. The technology company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.22 by $0.42. PTC had a return on equity of 17.09% and a net margin of 20.74%.The business had revenue of $643.94 million during the quarter, compared to analysts’ expectations of $582.12 million. During the same period in the previous year, the business earned $0.98 earnings per share. The firm’s revenue was up 24.2% on a year-over-year basis. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. On average, research analysts forecast that PTC will post 4.46 earnings per share for the current fiscal year.

PTC Company Profile

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.