PTC Inc. (NASDAQ:PTC) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of PTC Inc. (NASDAQ:PTC) have received an average recommendation of “Moderate Buy” from the seventeen research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $188.0769.

PTC has been the topic of several recent research reports. JPMorgan Chase & Co. lowered shares of PTC from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $205.00 to $162.00 in a research report on Monday, February 2nd. Stifel Nicolaus set a $180.00 price objective on PTC in a research report on Thursday, February 5th. KeyCorp set a $210.00 price objective on PTC in a research note on Thursday, February 5th. Citigroup decreased their target price on PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday, February 6th. Finally, Rosenblatt Securities cut their target price on PTC from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th.

PTC Price Performance

Shares of NASDAQ PTC opened at $155.89 on Friday. PTC has a twelve month low of $133.38 and a twelve month high of $219.69. 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 50-day moving average of $160.67 and a two-hundred day moving average of $180.53. The company has a market capitalization of $18.55 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 2.55 and a beta of 1.03.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.33. PTC had a net margin of 28.86% and a return on equity of 24.63%. The company had revenue of $685.83 million for the quarter, compared to analysts’ expectations of $635.44 million. During the same quarter in the previous year, the company posted $1.10 EPS. The business’s revenue 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, analysts expect that PTC will post 4.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PTC. Empowered Funds LLC lifted its position in shares of PTC by 3.1% in 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 in the last quarter. Geneos Wealth Management Inc. boosted its stake in PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after purchasing an additional 76 shares during the period. Savant Capital LLC purchased a new position in PTC during the 2nd quarter worth approximately $285,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in PTC during the 2nd quarter worth approximately $283,000. Finally, Allworth Financial LP raised its stake in PTC by 887.0% during the 2nd quarter. Allworth Financial LP now owns 2,438 shares of the technology company’s stock valued at $420,000 after purchasing an additional 2,191 shares during the period. 95.14% of the stock is currently owned by institutional investors and hedge funds.

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.