PTC Inc. (NASDAQ:PTC) Given Consensus Rating of “Moderate Buy” by Brokerages

PTC Inc. (NASDAQ:PTC) has earned an average rating of “Moderate Buy” from the eighteen brokerages that are covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $202.1429.

A number of research firms recently commented on PTC. Wall Street Zen raised PTC from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 20th. Royal Bank Of Canada boosted their target price on shares of PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Piper Sandler lifted their price objective on shares of PTC from $180.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Wells Fargo & Company restated an “overweight” rating on shares of PTC in a research note on Tuesday, July 29th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $245.00 target price (up previously from $192.00) on shares of PTC in a report on Thursday, July 31st.

PTC Stock Performance

NASDAQ PTC opened at $205.87 on Thursday. The firm has a 50-day moving average price of $206.82 and a two-hundred day moving average price of $184.80. PTC has a 12-month low of $133.38 and a 12-month high of $219.69. The company has a market capitalization of $24.66 billion, a P/E ratio of 48.55, a P/E/G ratio of 1.95 and a beta of 1.14. 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 (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, July 30th. The technology company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.42. The company had revenue of $643.94 million during the quarter, compared to the consensus estimate of $582.12 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.98 earnings per share. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. Analysts anticipate that PTC will post 4.46 earnings per share for the current year.

Insider Activity at PTC

In related news, EVP Staats Aaron C. Von sold 1,988 shares of PTC stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $216.29, for a total transaction of $429,984.52. Following the sale, the executive vice president directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC acquired a new position in shares of PTC in the first quarter valued at approximately $26,000. Motco acquired a new stake in PTC during the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in PTC during the 1st quarter worth approximately $33,000. Zions Bancorporation National Association UT acquired a new position in PTC in the 1st quarter valued at approximately $39,000. Finally, SVB Wealth LLC bought a new position in shares of PTC during the first quarter valued at $41,000. 95.14% of the stock is currently owned by institutional investors.

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.