PTC (NASDAQ:PTC) Releases Quarterly Earnings Results, Beats Expectations By $1.21 EPS

PTC (NASDAQ:PTC) issued its quarterly earnings results on Wednesday. The technology company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $1.21, Briefing.com reports. PTC had a return on equity of 17.09% and a net margin of 20.74%.The business had revenue of $893.80 million for the quarter, compared to the consensus estimate of $752.05 million. During the same quarter in the previous year, the company posted $1.54 earnings per share. PTC’s revenue for the quarter was up 42.7% compared to the same quarter last year. PTC updated its Q1 2026 guidance to 1.260-1.820 EPS and its FY 2026 guidance to 6.490-8.950 EPS.

PTC Stock Up 1.3%

NASDAQ PTC traded up $2.18 during trading on Friday, hitting $176.11. 1,197,208 shares of the company traded hands, compared to its average volume of 1,003,334. PTC has a 12 month low of $133.38 and a 12 month high of $219.69. The business has a fifty day simple moving average of $202.62 and a 200 day simple moving average of $189.63. The company has a market capitalization of $21.10 billion, a P/E ratio of 41.54, a PEG ratio of 1.90 and a beta of 1.15. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34.

Institutional Investors Weigh In On PTC

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP bought a new stake in PTC during the second quarter worth approximately $346,000. CANADA LIFE ASSURANCE Co lifted its stake in shares of PTC by 7.9% in the second quarter. CANADA LIFE ASSURANCE Co now owns 84,405 shares of the technology company’s stock worth $14,561,000 after buying an additional 6,151 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of PTC by 267.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,569 shares of the technology company’s stock worth $1,304,000 after buying an additional 5,511 shares during the period. MUFG Securities EMEA plc acquired a new position in PTC in the 2nd quarter valued at $61,000. Finally, Corient Private Wealth LLC raised its holdings in PTC by 1.7% in the 2nd quarter. Corient Private Wealth LLC now owns 6,116 shares of the technology company’s stock worth $1,054,000 after acquiring an additional 101 shares during the period. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research downgraded PTC from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Oppenheimer increased their target price on shares of PTC from $225.00 to $240.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. KeyCorp reissued an “overweight” rating and set a $245.00 target price (up previously from $192.00) on shares of PTC in a research note on Thursday, July 31st. Cantor Fitzgerald set a $120.00 price target on shares of PTC and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Finally, Barclays set a $233.00 price objective on PTC in a report on Thursday, July 31st. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.92.

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.