PTC Inc. (PTC)

NASDAQ: PTC · Real-Time Price · USD
188.50
-0.77 (-0.41%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.41%
Market Cap 22.64B
Revenue (ttm) 2.30B
Net Income (ttm) 376.33M
Shares Out 120.13M
EPS (ttm) 3.12
PE Ratio 60.42
Forward PE 32.04
Dividend n/a
Ex-Dividend Date n/a
Volume 542,186
Open 189.00
Previous Close 189.27
Day's Range 187.00 - 189.46
52-Week Range 152.68 - 199.48
Beta 1.17
Analysts Buy
Price Target 206.18 (+9.38%)
Earnings Date Nov 6, 2024

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]

Sector Technology
IPO Date Dec 7, 1989
Employees 7,501
Stock Exchange NASDAQ
Ticker Symbol PTC
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for PTC stock is "Buy." The 12-month stock price forecast is $206.18, which is an increase of 9.38% from the latest price.

Price Target
$206.18
(9.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PTC Inc. (PTC) Q4 2024 Earnings Call Transcript

PTC Inc. (PTC) Q4 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

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...

14 days ago - Reuters

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...

14 days ago - PRNewsWire

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...

14 days ago - PRNewsWire

Why these 17 stocks in the S&P 500 are now more compelling

BlackRock CEO Larry Fink says companies' earnings are “catching up” to high P/E ratios for their stocks. Here are 10 companies to keep an eye on.

Other symbols: ALLAMDAMZNAPHDAYDDFMC
22 days ago - Market Watch

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 ...

5 weeks ago - PRNewsWire

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,...

6 weeks ago - GuruFocus

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 ...

Other symbols: MSTRSAP
6 weeks ago - Benzinga

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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, ...

3 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Reuters

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

10 months ago - Seeking Alpha

PTC Inc (PTC) Q1 2024 Earnings Call Transcript

PTC Inc (PTC) Q1 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

PTC sees quarterly revenue, profit below estimates in a tough economy

Industrial software maker PTC forecast second-quarter revenue and profit below estimates on Wednesday, as elevated interest rates forced businesses to dial back software budgets.

10 months ago - Reuters