PTC Inc. (NASDAQ:PTC) Receives $205.92 Average Target Price from Brokerages

PTC Inc. (NASDAQ:PTC) has earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $205.9231.

A number of analysts recently commented on the company. Wall Street Zen upgraded PTC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 20th. Zacks Research cut shares of PTC from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Barclays set a $233.00 price objective on shares of PTC in a research report on Thursday, July 31st. Royal Bank Of Canada upped their price objective on shares of PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Stifel Nicolaus lifted their target price on shares of PTC from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st.

PTC Trading Up 0.1%

Shares of PTC stock opened at $178.16 on Monday. PTC has a 1 year low of $133.38 and a 1 year high of $219.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89. The business has a 50 day moving average price of $200.53 and a 200 day moving average price of $190.51. The company has a market capitalization of $21.34 billion, a P/E ratio of 42.02, a P/E/G ratio of 1.90 and a beta of 1.15.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 earnings per share for the quarter, topping the consensus estimate of $2.26 by $1.21. PTC had a return on equity of 17.09% and a net margin of 20.74%.The company had revenue of $893.80 million during the quarter, compared to the consensus estimate of $752.05 million. During the same quarter last year, the business posted $1.54 earnings per share. PTC’s revenue was up 42.7% compared to the same quarter last year. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. Sell-side analysts anticipate that PTC will post 4.46 EPS for the current fiscal year.

Hedge Funds Weigh In On PTC

Institutional investors have recently added to or reduced their stakes in the business. M&T Bank Corp grew its holdings in PTC by 8.2% in the 1st quarter. M&T Bank Corp now owns 9,522 shares of the technology company’s stock valued at $1,475,000 after buying an additional 724 shares during the period. Xponance Inc. grew its holdings in PTC by 1.5% in the first quarter. Xponance Inc. now owns 23,636 shares of the technology company’s stock valued at $3,662,000 after purchasing an additional 360 shares during the period. Diversify Wealth Management LLC increased its position in PTC by 23.6% during the first quarter. Diversify Wealth Management LLC now owns 5,693 shares of the technology company’s stock worth $875,000 after purchasing an additional 1,087 shares during the last quarter. New York State Common Retirement Fund raised its stake in PTC by 3.9% during the first quarter. New York State Common Retirement Fund now owns 205,010 shares of the technology company’s stock worth $31,766,000 after purchasing an additional 7,775 shares during the period. Finally, Stephens Investment Management Group LLC raised its stake in PTC by 2.0% during the first quarter. Stephens Investment Management Group LLC now owns 387,214 shares of the technology company’s stock worth $59,999,000 after purchasing an additional 7,687 shares during the period. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC Company Profile

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.