Mizuho Has Lowered Expectations for PTC (NASDAQ:PTC) Stock Price

PTC (NASDAQ:PTC) had its target price cut by analysts at Mizuho from $180.00 to $160.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Mizuho’s target price would indicate a potential upside of 5.91% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Oppenheimer lowered their price target on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. Citigroup decreased their price objective on shares of PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Weiss Ratings lowered shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Barclays assumed coverage on shares of PTC in a report on Tuesday, March 17th. They issued an “overweight” rating and a $180.00 price target for the company. Finally, BMO Capital Markets reduced their target price on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Eleven 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’s stock. According to data from MarketBeat, PTC has a consensus rating of “Moderate Buy” and an average price target of $182.08.

PTC Price Performance

Shares of PTC stock traded up $1.26 during midday trading on Monday, hitting $151.07. 437,721 shares of the company were exchanged, compared to its average volume of 1,129,220. The firm has a 50 day simple moving average of $158.52 and a 200-day simple moving average of $178.12. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $17.98 billion, a P/E ratio of 22.08, a PEG ratio of 2.55 and a beta of 1.03. PTC has a 52 week low of $133.38 and a 52 week high of $219.69.

PTC (NASDAQ:PTC) last released its quarterly 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. The firm had revenue of $685.83 million for the quarter, compared to analyst estimates of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period 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. Research analysts forecast that PTC will post 4.46 earnings per share for the current year.

Insider Buying and Selling

In other PTC news, Director Corinna Lathan sold 675 shares of PTC stock in a transaction on Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the sale, the director directly owned 8,429 shares in the company, valued at approximately $1,325,375.96. The trade was a 7.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 completion of the transaction, the executive vice president 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.

Institutional Trading of PTC

A number of hedge funds have recently made changes to their positions in PTC. Elyxium Wealth LLC acquired a new position in PTC in the 4th quarter valued at $27,000. Palladiem LLC acquired a new position in PTC in the fourth quarter valued at about $28,000. DV Equities LLC bought a new stake in PTC during the fourth quarter worth about $29,000. Root Financial Partners LLC acquired a new stake in PTC during the third quarter worth about $30,000. Finally, SJS Investment Consulting Inc. increased 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 period. 95.14% of the stock is owned by institutional investors and hedge funds.

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.