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

PTC (NASDAQ:PTC) issued its quarterly earnings data on Wednesday. The technology company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $752.05 million. During the same period in the previous year, the firm posted $1.54 earnings per share. The business’s revenue was up 42.7% on a year-over-year basis. PTC updated its Q1 2026 guidance to 1.260-1.820 EPS and its FY 2026 guidance to 6.490-8.950 EPS.

PTC Price Performance

Shares of NASDAQ PTC traded up $2.18 during trading on Friday, hitting $176.11. The company had a trading volume of 1,197,208 shares, compared to its average volume of 1,003,334. PTC has a 52 week low of $133.38 and a 52 week high of $219.69. The business’s 50-day moving average is $202.62 and its 200 day moving average is $189.63. The company has a market cap 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 debt-to-equity ratio of 0.34, a quick ratio of 0.89 and a current ratio of 0.89.

Institutional Investors Weigh In On PTC

Several hedge funds have recently modified their holdings of PTC. Empowered Funds LLC increased its stake in PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after purchasing an additional 75 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of PTC by 34.4% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of PTC by 68.7% in the second quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock worth $121,000 after acquiring an additional 287 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of PTC during the second quarter valued at approximately $257,000. Finally, Alliancebernstein L.P. raised its holdings in shares of PTC by 3.2% during the second quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock valued at $22,915,000 after acquiring an additional 4,176 shares during the period. 95.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Zacks Research lowered PTC from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. BMO Capital Markets decreased their target price on shares of PTC from $231.00 to $219.00 and set an “outperform” rating for the company in a research report on Thursday. Royal Bank Of Canada boosted their price target on shares of PTC from $224.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Wells Fargo & Company reaffirmed an “overweight” rating on shares of PTC in a research note on Tuesday, July 29th. Finally, Rosenblatt Securities lowered their price objective on shares of PTC from $227.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.