PTC (NASDAQ:PTC) Rating Lowered to Hold at Wall Street Zen

PTC (NASDAQ:PTC) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Several other research firms have also issued reports on PTC. Royal Bank Of Canada dropped their price target on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. BMO Capital Markets lowered their price objective on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Citigroup dropped their target price on shares of PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday, February 6th. Weiss Ratings downgraded shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, KeyCorp lowered their price target on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a research report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, PTC has an average rating of “Moderate Buy” and an average price target of $182.08.

PTC Trading Down 0.6%

PTC stock opened at $149.81 on Friday. The company has a market cap of $17.83 billion, a price-to-earnings ratio of 21.87, a P/E/G ratio of 2.56 and a beta of 1.03. The firm has a 50-day moving average of $158.52 and a 200-day moving average of $178.60. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. PTC has a one year low of $133.38 and a one year high of $219.69.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. The business had revenue of $685.83 million for 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%.PTC’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, equities analysts expect that PTC will post 4.46 earnings per share for the current fiscal year.

Insider Activity at PTC

In related news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the sale, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Corinna Lathan sold 675 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the transaction, the director owned 8,429 shares in the company, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PTC. Root Financial Partners LLC bought a new position in PTC in the third quarter valued at approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of PTC in the 4th quarter valued at $27,000. Palladiem LLC acquired a new stake in shares of PTC in the 4th quarter valued at $28,000. SJS Investment Consulting Inc. increased its stake in shares of PTC by 2,257.1% in the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 158 shares during the last quarter. Finally, DV Equities LLC acquired a new position in shares of PTC during the 4th quarter worth $29,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

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.