PTC Inc. (PTC)
Market Cap | 22.06B |
Revenue (ttm) | 2.30B |
Net Income (ttm) | 376.33M |
Shares Out | 120.13M |
EPS (ttm) | 3.12 |
PE Ratio | 58.58 |
Forward PE | 30.99 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 144,857 |
Open | 183.15 |
Previous Close | 184.50 |
Day's Range | 181.44 - 183.75 |
52-Week Range | 163.30 - 203.09 |
Beta | 1.17 |
Analysts | Buy |
Price Target | 209.00 (+13.84%) |
Earnings Date | Jan 29, 2025 |
About PTC
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, field service, and end-of-life processes; ThingWorx, an Industrial Internet of Things software; ServiceMax, a service lifecycle management solutions enable co... [Read more]
Financial Performance
In 2024, PTC Inc.'s revenue was $2.30 billion, an increase of 9.60% compared to the previous year's $2.10 billion. Earnings were $376.33 million, an increase of 53.27%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for PTC stock is "Buy." The 12-month stock price forecast is $209.0, which is an increase of 13.84% from the latest price.
News
PTC Appoints Robert Dahdah as Executive Vice President, Chief Revenue Officer
BOSTON , Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins PTC from Microsoft, where h...
PTC Partners with Microsoft and Volkswagen Group to Develop Codebeamer Generative AI Copilot
Collaboration brings together industry leaders to advance generative AI use cases for manufacturing Codebeamer Copilot expected to simplify requirements management as part of the product development p...
PTC Inc. (PTC) Q4 2024 Earnings Call Transcript
PTC Inc. (PTC) Q4 2024 Earnings Call Transcript
PTC forecasts quarterly revenue below estimates on tight tech spending
Industrial software maker PTC forecast first-quarter revenue below estimates on Wednesday, signaling continued weakness in demand for its industrial design and testing software as companies keep a tig...
PTC ANNOUNCES FOURTH FISCAL QUARTER AND FULL FISCAL YEAR 2024 RESULTS
Solid ARR and Cash Flow in Fourth Fiscal Quarter and Full Fiscal Year BOSTON , Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fi...
PTC ANNOUNCES $2 BILLION SHARE REPURCHASE AUTHORIZATION
BOSTON , Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that its Board of Directors has authorized the repurchase of up to $2 billion worth of PTC common stock through September 30, 20...
PTC to Announce Fiscal Q4'24 Results on Wednesday, November 6th, 2024
BOSTON , Oct. 16, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 fourth quarter and full year results on Wednesday, November 6 th after the stock market closes. Senior management ...
PTC Inc. (PTC) Amends Credit Agreement to Enhance Financial Flexibility
PTC Inc. (PTC, Financial), a leading software and services company, has announced a significant amendment to its existing credit agreement, aimed at bolstering its financial flexibility. On October 1,...
Massive Potential: 3 Tech Stocks Positioned for Breakout Success
Investors may be worried about the future of the computer and technology sector, especially now that the former darling in the space, NVIDIA Co., is threatening to go into a correction in potentially ...
Snyk's AI-Native SAST Product Passes $100M in ARR
Enterprise AI Adoption, Bold Innovation Initiatives, and Talent Infusion Fuel Continued Company Growth Enterprise AI Adoption, Bold Innovation Initiatives, and Talent Infusion Fuel Continued Company G...
PTC Announces Strategic Collaboration Agreement with AWS to Help Companies Design Products Faster and Easier with Onshape
Collaboration to Drive PTC's Onshape Initiatives Including Discovery Program, Onshape AI Advisor, and CAD and PDM Conversion Tools BOSTON , Sept. 25, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today annou...
PTC Appoints Rob Bernshteyn to Board of Directors
BOSTON , Sept. 3, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Rob Bernshteyn to its Board of Directors, effective September 9, 2024.
PTC Will Participate in Upcoming Investor Conferences
BOSTON , Aug. 27, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that it will participate in the following conferences. What: Citi's 2024 Global TMT Conference When: Wednesday, September 4th, ...
PTC Inc. (PTC) Q3 2024 Earnings Call Transcript
PTC Inc. (NASDAQ:PTC) Q3 2024 Results Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Matt Shimao - Head of Investor Relations Neil Barua - Chief Executive Officer Kristian Tal...
PTC ANNOUNCES THIRD FISCAL QUARTER 2024 RESULTS
Solid ARR and Cash Flow in Q3'24 Guiding to 11-12% Constant Currency ARR Growth and Maintaining Free Cash Flow Guidance for FY'24 BOSTON , July 31, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reporte...
PTC: A Bullish Bet With ServiceMax Integration Boost
PTC Inc. provides lifecycle management software and services globally. The global PLM market is expected to grow at a CAGR of 8.6% from 2022 to 2030, with PTC competing with major industry players. PT...
PTC to Announce Fiscal Q3'24 Results on Wednesday, July 31st, 2024
BOSTON , July 11, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 third quarter results on Wednesday, July 31 st after the stock market closes. Senior management will host a live w...
SyBridge Technologies Launches SyBridge Studio, an Innovative Application, on the PTC Onshape App Store
--New App Empowers Engineers and Designers to Validate Manufacturability, Optimize Designs, and Accelerate Speed to Market-- --Leverages Proprietary Artificial Intelligence (AI) Algorithms-- ITASCA, I...
PTC Inc. (PTC) Q2 2024 Earnings Call Transcript
PTC Inc. (NASDAQ:PTC) Q2 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Matt Shimao - Head of Investor Relations Neil Barua - Chief Executive Officer Kristian Talvitie - Ch...
PTC forecasts quarterly revenue below estimates
Industrial software maker PTC forecast quarterly revenue below estimates while also slightly tightening full year guidance on Wednesday, signaling continued weakness in demand for its industrial desig...
PTC Announces Second Fiscal Quarter 2024 Results
Solid ARR and Cash Flow in Q2 of Fiscal 2024 Updating Fiscal 2024 and Mid-Term Targets BOSTON , May 1, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its second fiscal qua...
PTC to Announce Fiscal Q2'24 Results on Wednesday, May 1st, 2024
BOSTON , April 10, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 second quarter results on Wednesday, May 1 st after the stock market closes. Senior management will host a live w...
Trax and PTC partner to enhance aviation maintenance operations through innovative joint solutions
The collaboration will establish a seamless integration between the Trax and Servigistics platforms, enabling the timely availability of critical parts and allowing companies to streamline aircraft MR...
PTC Inc.: Exposure To Multiple Key Growth Verticals
PTC stock is recommended as a buy due to its exposure to key growth verticals and long-term growth outlook. PTC provides software solutions for industries heavy in design, manufacturing, and project m...