Brokerages Set PTC Inc. (NASDAQ:PTC) PT at $188.08

Shares of PTC Inc. (NASDAQ:PTC) have been given a consensus rating of “Moderate Buy” by the seventeen ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $188.0769.

PTC has been the subject of several research reports. BMO Capital Markets dropped their price target on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Oppenheimer dropped their target price on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Piper Sandler decreased their price target on shares of PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. KeyCorp set a $210.00 price target on shares of PTC in a research report on Thursday, February 5th. Finally, Weiss Ratings downgraded shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th.

Insider Activity at PTC

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares of the company’s stock, valued at $3,579,803.10. The trade was a 1.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kristian Talvitie sold 50,291 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total value of $8,707,383.74. Following the sale, the executive vice president owned 12,386 shares of the company’s stock, valued at approximately $2,144,512.04. The trade was a 80.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 61,517 shares of company stock valued at $10,662,740. 0.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PTC

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Elyxium Wealth LLC bought a new stake in PTC during the 4th quarter worth $27,000. Palladiem LLC acquired a new stake in shares of PTC during the fourth quarter valued at about $28,000. DV Equities LLC bought a new stake in shares of PTC during the fourth quarter worth about $29,000. Root Financial Partners LLC acquired a new position in shares of PTC in the third quarter valued at approximately $30,000. Finally, SJS Investment Consulting Inc. raised its holdings in 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 buying an additional 158 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors.

PTC Stock Performance

Shares of PTC stock opened at $155.16 on Wednesday. PTC has a 52 week low of $133.38 and a 52 week high of $219.69. The company has a market capitalization of $18.46 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 2.52 and a beta of 1.03. The company has a 50-day simple moving average of $165.75 and a 200 day simple moving average of $186.06. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22.

PTC (NASDAQ:PTC) last issued 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 firm had revenue of $685.83 million during the quarter, compared to the consensus estimate of $635.44 million. During the same period last year, the business posted $1.10 earnings per share. 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. On average, sell-side analysts predict that PTC will post 4.46 earnings per share for the current year.

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.