Rosenblatt Securities Lowers PTC (NASDAQ:PTC) Price Target to $220.00

PTC (NASDAQ:PTC) had its price objective dropped by Rosenblatt Securities from $227.00 to $220.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Rosenblatt Securities’ price objective points to a potential upside of 15.81% from the company’s current price.

Several other equities analysts have also recently commented on PTC. Weiss Ratings cut shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Robert W. Baird set a $255.00 price objective on shares of PTC in a report on Wednesday, October 22nd. Zacks Research cut shares of PTC from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Cantor Fitzgerald set a $120.00 price objective on shares of PTC and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of PTC in a report on Tuesday, July 29th. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $208.77.

PTC Trading Down 1.1%

PTC stock opened at $189.97 on Thursday. The company’s fifty day simple moving average is $204.19 and its 200-day simple moving average is $189.48. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34. PTC has a 12 month low of $133.38 and a 12 month high of $219.69. The stock has a market cap of $22.76 billion, a P/E ratio of 44.80, a P/E/G ratio of 1.90 and a beta of 1.15.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 EPS for the quarter, beating the consensus estimate of $2.26 by $1.21. PTC had a net margin of 20.74% and a return on equity of 17.09%. The business had revenue of $893.80 million for the quarter, compared to analysts’ expectations of $752.05 million. During the same period in the previous year, the company posted $1.54 EPS. PTC’s revenue was up 42.7% on a year-over-year basis. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. As a group, sell-side analysts forecast that PTC will post 4.46 EPS for the current fiscal year.

Institutional Investors Weigh In On PTC

A number of hedge funds have recently bought and sold shares of PTC. Teacher Retirement System of Texas boosted its holdings in PTC by 1,465.2% during the first quarter. Teacher Retirement System of Texas now owns 17,593 shares of the technology company’s stock valued at $2,726,000 after acquiring an additional 16,469 shares during the period. D.A. Davidson & CO. boosted its holdings in PTC by 1.9% during the first quarter. D.A. Davidson & CO. now owns 3,755 shares of the technology company’s stock valued at $582,000 after acquiring an additional 70 shares during the period. M&T Bank Corp boosted its holdings in PTC by 8.2% during the first 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 period. Arcus Capital Partners LLC bought a new stake in PTC during the first quarter valued at about $762,000. Finally, Robeco Schweiz AG boosted its holdings in PTC by 15.4% during the first quarter. Robeco Schweiz AG now owns 667,276 shares of the technology company’s stock valued at $103,394,000 after acquiring an additional 89,199 shares during the period. 95.14% of the stock is currently owned by institutional investors.

About 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.