A number of firms have modified their ratings and price targets on shares of PTC (NASDAQ: PTC) recently:
- 2/21/2025 – PTC was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 2/13/2025 – PTC was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 2/6/2025 – PTC had its price target raised by analysts at KeyCorp from $205.00 to $211.00. They now have an “overweight” rating on the stock.
- 2/5/2025 – PTC had its price target lowered by analysts at Citigroup Inc. from $200.00 to $195.00. They now have a “neutral” rating on the stock.
- 2/5/2025 – PTC was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 2/4/2025 – PTC had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $204.00 price target on the stock.
- 1/28/2025 – PTC was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
PTC Stock Up 0.6 %
Shares of NASDAQ:PTC opened at $162.58 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.69 and a current ratio of 0.69. PTC Inc. has a 52 week low of $160.53 and a 52 week high of $203.09. The company has a 50 day moving average price of $182.14 and a two-hundred day moving average price of $183.29. The company has a market capitalization of $19.56 billion, a PE ratio of 50.18, a PEG ratio of 2.27 and a beta of 1.19.
PTC (NASDAQ:PTC – Get Free Report) last posted its earnings results on Wednesday, February 5th. The technology company reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.12). PTC had a net margin of 16.95% and a return on equity of 14.49%. Analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.
Insider Buying and Selling
Hedge Funds Weigh In On PTC
A number of large investors have recently bought and sold shares of the company. Aster Capital Management DIFC Ltd bought a new stake in shares of PTC in the fourth quarter worth $30,000. Covestor Ltd increased its stake in PTC by 70.8% in the 3rd quarter. Covestor Ltd now owns 193 shares of the technology company’s stock valued at $35,000 after buying an additional 80 shares during the last quarter. Allworth Financial LP lifted its position in PTC by 58.0% during the 4th quarter. Allworth Financial LP now owns 188 shares of the technology company’s stock worth $35,000 after buying an additional 69 shares in the last quarter. Pinney & Scofield Inc. acquired a new position in shares of PTC during the 4th quarter worth about $47,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of PTC in the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 95.14% of the company’s stock.
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.
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