PTC Inc. (NASDAQ:PTC) Receives $171.27 Consensus Price Target from Brokerages

PTC Inc. (NASDAQ:PTC) has been given an average rating of “Moderate Buy” by the seventeen ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $171.2667.

Several brokerages have weighed in on PTC. Barclays dropped their price objective on PTC from $185.00 to $150.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. BNP Paribas Exane assumed coverage on shares of PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price for the company. Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of PTC in a research report on Tuesday, May 5th. Wall Street Zen cut shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Berenberg Bank set a $170.00 price objective on shares of PTC in a research report on Wednesday, May 27th.

PTC Stock Performance

Shares of PTC stock opened at $124.83 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.30. The firm has a fifty day simple moving average of $129.35 and a two-hundred day simple moving average of $144.73. PTC has a 12 month low of $108.50 and a 12 month high of $219.69. The firm has a market capitalization of $14.42 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 1.82 and a beta of 0.99.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The firm had revenue of $774.30 million during the quarter, compared to analysts’ expectations of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business’s revenue was up 21.7% on a year-over-year basis. During the same period last year, the company earned $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Analysts forecast that PTC will post 6.35 EPS for the current fiscal year.

Insider Activity

In other news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the transaction, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at $184,462.30. This represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Elyxium Wealth LLC purchased a new position in shares of PTC in the 4th quarter worth about $27,000. Palladiem LLC bought a new position in PTC during the fourth quarter valued at about $28,000. DV Equities LLC purchased a new stake in PTC during the fourth quarter worth about $29,000. Board of the Pension Protection Fund purchased a new stake in PTC during the fourth quarter worth about $35,000. Finally, Cedar Mountain Advisors LLC bought a new stake in PTC in the first quarter worth about $36,000. Institutional investors own 95.14% of the company’s stock.

About PTC

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.