PTC Inc. (PTC)

NASDAQ: PTC · IEX Real-Time Price · USD
180.50
+0.06 (0.03%)
Apr 24, 2024, 3:56 PM EDT - Market open
0.03%
Market Cap 21.56B
Revenue (ttm) 2.18B
Net Income (ttm) 236.89M
Shares Out 119.55M
EPS (ttm) 1.97
PE Ratio 91.04
Forward PE 34.15
Dividend n/a
Ex-Dividend Date n/a
Volume 291,567
Open 181.38
Previous Close 180.44
Day's Range 178.84 - 181.98
52-Week Range 120.62 - 194.24
Beta 1.18
Analysts Buy
Price Target 192.92 (+6.88%)
Earnings Date May 1, 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, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to ass... [Read more]

Sector Technology
IPO Date Dec 7, 1989
Employees 7,231
Stock Exchange NASDAQ
Ticker Symbol PTC
Full Company Profile

Financial Performance

In 2023, PTC Inc.'s revenue was $2.10 billion, an increase of 8.47% compared to the previous year's $1.93 billion. Earnings were $245.54 million, a decrease of -21.57%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PTC stock is "Buy." The 12-month stock price forecast is $192.92, which is an increase of 6.88% from the latest price.

Price Target
$192.92
(6.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

13 days 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...

13 days ago - PRNewsWire

PTC Will Participate in Upcoming Investor Conferences

BOSTON , Feb. 27, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that it will participate in the following conferences. What:  Morgan Stanley Technology, Media & Telecom Conference When:  Tues...

2 months ago - PRNewsWire

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.

2 months ago - Reuters

PTC Announces First Fiscal Quarter 2024 Results

Solid ARR and Cash Flow BOSTON , Jan. 31, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its first fiscal quarter ended December 31, 2023. "In our first fiscal quarter, we...

2 months ago - PRNewsWire

PTC to Announce Fiscal Q1'24 Results on Wednesday, January 31st, 2024

BOSTON, Jan. 11, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 first quarter results on Wednesday, January 31 st after the stock market closes. Senior management will host a live...

3 months ago - PRNewsWire

PTC Announces Fourth fiscal Quarter and Full Year 2023 Results

Solid ARR and Cash Flow in Fourth Fiscal Quarter and Full Year BOSTON , Nov. 1, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full year ende...

6 months ago - PRNewsWire

PTC Becomes Strategic Supplier to Volkswagen Group with Codebeamer ALM Solution

ALM to enable more efficient engineering practices inside the Volkswagen Group Codebeamer to be adopted by Volkswagen Group teams for software requirements, test, and release management Use of Codebea...

6 months ago - PRNewsWire

PTC to Announce Fiscal Q4'23 Results on Wednesday, November 1st, 2023

BOSTON , Oct. 18, 2023 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2023 fourth quarter and full year results on Wednesday, November 1 st after the stock market closes. Senior management ...

6 months ago - PRNewsWire

PTC Acquires pure-systems

pure-systems' pure::variants solution adopted by some of the world's largest manufacturing companies for managing software and product variants. Acquisition supports PTC's ALM leadership across automo...

7 months ago - PRNewsWire

PTC to Participate in Upcoming Investor Conferences

BOSTON , Aug. 7, 2023 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that management will participate in the following virtual conferences. What:  KeyBanc's 24th Annual Technology Leadership Forum ...

9 months ago - PRNewsWire

PTC Inc. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholder

BOSTON , Aug. 1, 2023 /PRNewswire/ -- PTC Inc. (Nasdaq: PTC) today announced the pricing of a public secondary offering of 5,830,905 shares of its outstanding common stock by Rockwell Automation, Inc....

9 months ago - PRNewsWire

PTC Inc. Announces Secondary Offering of Common Stock by Selling Stockholder

BOSTON , Aug. 1, 2023 /PRNewswire/ -- PTC Inc. (Nasdaq: PTC) today announced a public secondary offering of 5,830,905 shares of its outstanding common stock held by Rockwell Automation, Inc. This offe...

9 months ago - PRNewsWire

PTC Announces Third fiscal Quarter 2023 Results

Strong ARR and Cash Flow Results; Raising ARR and Cash Flow Guidance for FY'23 BOSTON , July 26, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its third fiscal quarter en...

9 months ago - PRNewsWire

PTC Announces CEO Succession Plan

Neil Barua, President of PTC's Service Lifecycle Management business, to be appointed PTC's next Chief Executive Officer in February 2024 James Heppelmann appointed Chairman of the Board BOSTON , July...

9 months ago - PRNewsWire

PTC to Announce Fiscal Q3'23 Results on Wednesday, July 26th, 2023

BOSTON , July 12, 2023 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2023 third quarter results on Wednesday, July 26 th after the stock market closes. Senior management will host a live w...

10 months ago - PRNewsWire

PTC and Rockwell Automation Extend Relationship with Focus on IoT and Augmented Reality for Manufacturing

Strategic Relationship to Focus on Sales of PTC's IoT and AR Software BOSTON and MILWAUKEE , June 8, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) and Rockwell Automation (NYSE: ROK) today announced an exten...

Other symbols: ROK
11 months ago - PRNewsWire

PTC Names Janesh Moorjani to Board of Directors

BOSTON , June 5, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) has appointed Janesh Moorjani to its Board of Directors, effective June 7, 2023. An experienced public company finance leader with international...

11 months ago - PRNewsWire

PTC Brings Creo to the Cloud with Introduction of Creo+

PTC Continues Core CAD Advancements with Simultaneous Release of Creo 10 BOSTON , May 16, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced its Creo+™ software as a service (SaaS) computer-aided ...

1 year ago - PRNewsWire

PTC Advances Environmental Sustainability Initiatives

PTC Commits to Science Based Targets initiative; Expands Relationships with Ansys and aPriori to Develop Environmental Sustainability Offerings for Manufacturers BOSTON , May 16, 2023 /PRNewswire/ -- ...

1 year ago - PRNewsWire

PTC to Host Investor Q&A Session at LiveWorx on Tuesday, May 16th, 2023

BOSTON , May 10, 2023 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that management will host a live investor Q&A session on Tuesday, May 16 th from 3:30pm to 4:30pm ET at our LiveWorx® 2023 digit...

1 year ago - PRNewsWire

PTC ANNOUNCES SECOND FISCAL QUARTER 2023 RESULTS

Solid ARR and Cash Flow Results; Raising ARR Midpoint and Cash Flow Guidance for FY'23 BOSTON , April 26, 2023 /PRNewswire/ -- PTC  (NASDAQ: PTC) today reported financial results for its second fiscal...

1 year ago - PRNewsWire

PTC to Announce Fiscal Q2'23 Results on Wednesday, April 26th, 2023

BOSTON , April 12, 2023 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2023 second quarter results on Wednesday, April 26 th after the stock market closes. Senior management will host a liv...

1 year ago - PRNewsWire

PTC Extends Executive Agreement with CEO James Heppelmann

Michael DiTullio Promoted to Company President and Chief Operating Officer BOSTON , Feb. 20, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has extended the term of the executive agree...

1 year ago - PRNewsWire

PTC ANNOUNCES FIRST FISCAL QUARTER 2023 RESULTS

Raising Cash Flow Guidance and Narrowing Constant Currency ARR Guidance Range for FY'23 BOSTON , Feb. 1, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its first fiscal qu...

1 year ago - PRNewsWire