PTC Inc. (NASDAQ:PTC) Stock Has Average Target Price of $170.14 According to Brokerages

Shares of PTC Inc. (NASDAQ:PTC) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $170.14.

A number of research analysts have issued reports on the company. BNP Paribas Exane started coverage on PTC in a research note on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective for the company. Rosenblatt Securities restated a “buy” rating and set a $190.00 price target on shares of PTC in a report on Thursday, July 30th. Citigroup lifted their price target on PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Finally, BMO Capital Markets increased their price objective on shares of PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th.

PTC Stock Performance

Shares of PTC stock opened at $144.03 on Thursday. The company’s fifty day moving average price is $142.72 and its 200-day moving average price is $137.08. The stock has a market cap of $15.63 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 1.81 and a beta of 0.99. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC has a 12 month low of $108.50 and a 12 month high of $206.82.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The firm had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. During the same period last year, the business earned $1.64 earnings per share. The business’s 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. On average, equities analysts expect that PTC will post 6.56 EPS for the current fiscal year.

Institutional Investors Weigh In On PTC

A number of institutional investors have recently made changes to their positions in PTC. Palladiem LLC purchased a new position in PTC in the 4th quarter worth approximately $28,000. Keating Financial Advisory Services Inc. purchased a new stake in PTC during the 2nd quarter valued at $30,000. Allworth Financial LP purchased a new stake in PTC during the 2nd quarter valued at $32,000. Integrated Wealth Concepts LLC bought a new stake in shares of PTC in the 2nd quarter worth $32,000. Finally, Cedar Mountain Advisors LLC bought a new stake in shares of PTC in the 1st quarter worth $36,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

PTC Company Profile

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.