PTC Inc. (NASDAQ:PTC) Given Average Recommendation of “Moderate Buy” by Analysts

PTC Inc. (NASDAQ:PTC) has received a consensus recommendation of “Moderate Buy” from the seventeen analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $171.2667.

A number of research analysts recently weighed in on the company. Mizuho decreased 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. Berenberg Bank set a $170.00 price objective on shares of PTC in a report on Wednesday, May 27th. BNP Paribas Exane assumed coverage on shares of PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective on the stock. Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Barclays lowered their price target on shares of PTC from $185.00 to $150.00 and set an “overweight” rating on the stock in a report on Monday, July 13th.

Insider Transactions at PTC

In related news, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction 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 sale, the chief accounting officer directly owned 1,265 shares in the company, valued at $184,462.30. The trade was a 39.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.29% of the stock is owned by company insiders.

Institutional Investors Weigh In On PTC

A number of hedge funds and other institutional investors have recently modified their holdings of PTC. Nordea Investment Management AB boosted its stake in shares of PTC by 25.9% during the fourth quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock valued at $47,136,000 after purchasing an additional 55,485 shares in the last quarter. Norges Bank acquired a new position in shares of PTC in the fourth quarter valued at approximately $295,399,000. Congress Asset Management Co. raised its holdings in PTC by 11.6% in the 4th quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock valued at $28,485,000 after buying an additional 17,020 shares during the last quarter. Swiss Life Asset Management Ltd raised its holdings in PTC by 109.7% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 62,631 shares of the technology company’s stock valued at $12,715,000 after buying an additional 32,758 shares during the last quarter. Finally, Tensor Edge Capital LLC acquired a new stake in PTC during the 4th quarter worth approximately $26,132,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Trading Down 2.3%

Shares of NASDAQ:PTC opened at $124.37 on Friday. 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. The company has a market capitalization of $14.37 billion, a P/E ratio of 11.87, a price-to-earnings-growth ratio of 1.86 and a beta of 0.99. The company has a 50-day simple moving average of $129.78 and a 200 day simple moving average of $145.30.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The firm had revenue of $774.30 million for the quarter, compared to the consensus estimate of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The business’s revenue was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts forecast that PTC will post 6.35 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.