PTC Inc. (NASDAQ:PTC) Receives Consensus Recommendation of “Moderate Buy” from Analysts

PTC Inc. (NASDAQ:PTC) has been given a consensus recommendation of “Moderate Buy” by the seventeen research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $188.0769.

A number of research firms have weighed in on PTC. Piper Sandler decreased their price target on shares of PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Robert W. Baird set a $255.00 price objective on shares of PTC in a report on Wednesday, October 22nd. Wall Street Zen cut shares of PTC from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Royal Bank Of Canada dropped their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Finally, Stifel Nicolaus set a $180.00 price target on shares of PTC in a research note on Thursday, February 5th.

Insider Activity at PTC

In other PTC news, EVP Kristian Talvitie sold 50,291 shares of PTC stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of the transaction, the executive vice president directly owned 12,386 shares of the company’s stock, valued at approximately $2,144,512.04. This trade represents a 80.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $174.79, for a total transaction of $1,106,071.12. Following the completion of the sale, the executive vice president directly owned 22,461 shares in the company, valued at approximately $3,925,958.19. The trade was a 21.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 61,517 shares of company stock valued at $10,662,740 in the last 90 days. 0.29% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PTC

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PTC. Norges Bank bought a new position in PTC in the 4th quarter valued at $295,399,000. CCLA Investment Management bought a new stake in shares of PTC during the second quarter worth $94,629,000. Voloridge Investment Management LLC increased its stake in shares of PTC by 856.8% in the third quarter. Voloridge Investment Management LLC now owns 465,814 shares of the technology company’s stock valued at $94,570,000 after buying an additional 417,130 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of PTC by 2.9% in the second quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock valued at $2,541,838,000 after buying an additional 416,791 shares during the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of PTC by 31.4% in the second quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock valued at $266,715,000 after buying an additional 370,097 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC Stock Down 2.4%

PTC stock opened at $153.07 on Wednesday. PTC has a twelve month low of $133.38 and a twelve month high of $219.69. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. The company has a market cap of $18.22 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 2.56 and a beta of 1.03. The business’s 50-day simple moving average is $167.04 and its 200 day simple moving average is $186.93.

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

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.