PTC (NASDAQ:PTC) Rating Increased to Buy at Wall Street Zen

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

Several other research analysts also recently commented on the company. Mizuho reduced their target price on PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Rosenblatt Securities reduced their target price on PTC from $200.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Barclays assumed coverage on PTC in a report on Tuesday, March 17th. They issued an “overweight” rating and a $180.00 target price on the stock. Citigroup reduced their target price on PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday, February 6th. Finally, Royal Bank Of Canada reduced their target price on PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $182.08.

PTC Trading Up 1.1%

PTC stock opened at $139.74 on Friday. PTC has a 1-year low of $130.89 and a 1-year high of $219.69. The firm has a market cap of $16.63 billion, a P/E ratio of 20.40, a P/E/G ratio of 2.40 and a beta of 1.06. The business’s 50 day moving average is $150.30 and its 200-day moving average is $169.21. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.33. The company had revenue of $685.83 million for the quarter, compared to analyst estimates of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.The company’s revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Equities analysts anticipate that PTC will post 4.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PTC. Elyxium Wealth LLC acquired a new position in shares of PTC in the 4th quarter valued at $27,000. Palladiem LLC acquired a new position in shares of PTC in the 4th quarter valued at $28,000. DV Equities LLC bought a new stake in shares of PTC in the 4th quarter valued at $29,000. Root Financial Partners LLC bought a new stake in shares of PTC in the 3rd quarter valued at $30,000. Finally, SJS Investment Consulting Inc. increased its position in shares of PTC by 2,257.1% in the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 158 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

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.