PTC Inc. (NASDAQ:PTC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of PTC Inc. (NASDAQ:PTC) have earned a consensus rating of “Moderate Buy” from the seventeen analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $173.60.

A number of analysts recently weighed in on PTC shares. Barclays upped their target price on shares of PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Robert W. Baird set a $198.00 target price on shares of PTC in a research note on Thursday, May 7th. BNP Paribas Exane started coverage on shares of PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price on the stock. Citigroup upped their target price on shares of PTC from $146.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Berenberg Bank set a $170.00 target price on shares of PTC in a research note on Wednesday, May 27th.

Insiders Place Their Bets

In other PTC news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This represents a 39.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is currently owned by insiders.

Institutional Trading of PTC

Large investors have recently added to or reduced their stakes in the company. Trust Point Inc. lifted its position in shares of PTC by 3.2% during the 4th quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock valued at $355,000 after acquiring an additional 63 shares during the period. Strategic Advisors LLC lifted its position in shares of PTC by 0.9% during the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after acquiring an additional 65 shares during the period. Allworth Financial LP lifted its position in shares of PTC by 23.2% during the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock valued at $68,000 after acquiring an additional 74 shares during the period. Empowered Funds LLC lifted its position in shares of PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after acquiring an additional 75 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of PTC by 12.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after acquiring an additional 75 shares during the period. 95.14% of the stock is owned by institutional investors.

PTC Trading Up 0.2%

Shares of PTC stock opened at $115.00 on Tuesday. The stock has a market cap of $13.28 billion, a price-to-earnings ratio of 10.97, a P/E/G ratio of 1.68 and a beta of 0.97. The firm has a fifty day moving average of $136.43 and a 200-day moving average of $152.49. PTC has a 52-week low of $108.50 and a 52-week high of $219.69. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The business had revenue of $774.30 million for 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 firm’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. On average, equities research analysts forecast that PTC will post 6.32 earnings per share for the current fiscal 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.