PTC Inc. (NASDAQ:PTC) Receives $170.14 Average Price Target from Brokerages

PTC Inc. (NASDAQ:PTC) has been assigned an average rating of “Hold” from the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $170.1429.

Several brokerages have recently issued reports on PTC. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 target price on shares of PTC in a research note on Thursday, July 30th. Wall Street Zen cut shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Piper Sandler reduced their price target on shares of PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Stifel Nicolaus decreased their price objective on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Berenberg Bank set a $170.00 price objective on PTC in a research report on Wednesday, May 27th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Elyxium Wealth LLC bought a new stake in PTC in the 4th quarter worth about $27,000. Palladiem LLC bought a new position in PTC during the 4th quarter valued at about $28,000. DV Equities LLC bought a new position in PTC during the 4th quarter valued at about $29,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of PTC during the 2nd quarter valued at about $30,000. Finally, Allworth Financial LP purchased a new stake in shares of PTC during the 2nd quarter valued at about $32,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

PTC Price Performance

Shares of NASDAQ:PTC opened at $128.71 on Friday. The business has a fifty day moving average price of $137.89 and a 200-day moving average price of $139.30. 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 company has a market capitalization of $13.97 billion, a PE ratio of 12.45, a PEG ratio of 1.76 and a beta of 1.00. PTC has a 1-year low of $108.50 and a 1-year high of $208.56.

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 net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter in the previous year, the business posted $1.64 EPS. PTC’s revenue was down 6.8% compared to the same quarter last year. 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, equities analysts expect that PTC will post 6.54 EPS for the current fiscal year.

About PTC

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company’s portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.