PTC (NASDAQ:PTC) Reaches New 52-Week Low – What’s Next?

PTC Inc. (NASDAQ:PTC)’s stock price reached a new 52-week low on Friday . The company traded as low as $133.61 and last traded at $134.9250, with a volume of 197581 shares traded. The stock had previously closed at $139.19.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PTC. Mizuho cut their price target on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Weiss Ratings downgraded PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Oppenheimer cut their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Stifel Nicolaus set a $180.00 price objective on PTC in a report on Thursday, February 5th. Finally, KeyCorp cut their price objective on PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a report on Tuesday, March 17th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $182.08.

PTC Stock Performance

The stock’s 50 day moving average price is $152.00 and its 200 day moving average price is $171.54. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The firm has a market cap of $15.88 billion, a PE ratio of 19.48, a P/E/G ratio of 2.29 and a beta of 1.06.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, February 4th. The technology company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.33. PTC had a net margin of 28.86% and a return on equity of 24.63%. The business had revenue of $685.83 million for the quarter, compared to the consensus estimate of $635.44 million. During the same quarter last year, the firm posted $1.10 EPS. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, equities analysts forecast that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On PTC

Several hedge funds have recently modified their holdings of PTC. Empowered Funds LLC increased its stake in PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after buying an additional 75 shares during the period. Geneos Wealth Management Inc. increased its stake in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares during the period. EverSource Wealth Advisors LLC increased its stake in PTC by 68.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock worth $121,000 after buying an additional 287 shares during the period. Cerity Partners LLC purchased a new stake in PTC during the 2nd quarter worth $257,000. Finally, Alliancebernstein L.P. increased its stake in PTC by 3.2% during the 2nd quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock worth $22,915,000 after buying an additional 4,176 shares during the period. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

About PTC

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.