PTC (NASDAQ:PTC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of PTC (NASDAQ:PTC) from a hold rating to a buy rating in a report published on Saturday.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered shares of PTC from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Oppenheimer cut their target price on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. BMO Capital Markets reduced their price target on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Rosenblatt Securities decreased their price target on shares of PTC from $200.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Finally, Weiss Ratings lowered shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PTC has an average rating of “Moderate Buy” and an average price target of $182.08.

PTC Price Performance

Shares of PTC stock opened at $140.75 on Friday. The firm has a market cap of $16.75 billion, a P/E ratio of 20.55, a P/E/G ratio of 2.43 and a beta of 1.06. PTC has a fifty-two week low of $130.89 and a fifty-two week high of $219.69. The business’s 50 day moving average price is $149.92 and its 200-day moving average price is $168.53. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.33. PTC had a return on equity of 24.63% and a net margin of 28.86%.The firm had revenue of $685.83 million for the quarter, compared to analysts’ expectations of $635.44 million. During the same period in the previous year, the firm earned $1.10 earnings per share. The business’s revenue was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, equities research analysts anticipate that PTC will post 6.13 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director directly owned 8,429 shares of the company’s stock, valued at $1,325,375.96. This represents a 7.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On PTC

Several large investors have recently made changes to their positions in the business. Elyxium Wealth LLC purchased a new stake in shares of PTC in the 4th quarter worth approximately $27,000. Palladiem LLC purchased a new position in PTC during the fourth quarter valued at $28,000. DV Equities LLC bought a new stake in PTC in the fourth quarter worth $29,000. Root Financial Partners LLC bought a new stake in PTC in the third quarter worth $30,000. Finally, SJS Investment Consulting Inc. grew its stake in shares of PTC by 2,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock worth $34,000 after acquiring an additional 158 shares during the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

PTC Company Profile

PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.