PTC Inc. (NASDAQ:PTC) Given Consensus Rating of “Hold” by Brokerages

PTC Inc. (NASDAQ:PTC) has been assigned an average rating of “Hold” from the fourteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $170.1429.

Several equities research analysts recently weighed in on PTC shares. Robert W. Baird set a $198.00 price objective on shares of PTC in a report on Thursday, May 7th. Stifel Nicolaus dropped their price target on shares of PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Citigroup upped their price target on shares of PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Barclays increased their price objective on shares of PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th.

PTC Stock Up 0.3%

PTC opened at $146.48 on Wednesday. The stock’s 50 day moving average price is $127.34 and its 200 day moving average price is $140.16. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $15.89 billion, a P/E ratio of 14.17, a P/E/G ratio of 2.14 and a beta of 0.98. PTC has a 12 month low of $108.50 and a 12 month high of $217.64.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. During the same quarter in the previous year, the firm posted $1.64 EPS. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, research analysts predict that PTC will post 6.51 earnings per share for the current year.

Hedge Funds Weigh In On PTC

Hedge funds have recently modified their holdings of the company. Elyxium Wealth LLC bought a new position in PTC during the fourth quarter valued at about $27,000. Palladiem LLC bought a new stake in PTC in the fourth quarter worth about $28,000. DV Equities LLC acquired a new stake in PTC in the 4th quarter valued at about $29,000. Keating Financial Advisory Services Inc. acquired a new stake in PTC in the 2nd quarter valued at about $30,000. Finally, Allworth Financial LP bought a new position in shares of PTC during the 2nd quarter valued at about $32,000. 95.14% of the stock is currently 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.