PTC Inc. (PTC)
Market Cap | 16.73B |
Revenue (ttm) | 2.06B |
Net Income (ttm) | 306.77M |
Shares Out | 118.83M |
EPS (ttm) | 2.57 |
PE Ratio | 54.81 |
Forward PE | 29.33 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 28,004 |
Open | 139.82 |
Previous Close | 140.87 |
Day's Range | 139.73 - 140.93 |
52-Week Range | 101.82 - 152.09 |
Beta | 1.18 |
Analysts | Buy |
Price Target | 159.46 (+13.37%) |
Earnings Date | Nov 1, 2023 |
About PTC
PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx platform, which offers end-to-end capabilities to enable digital transformation; and Vuforia, which enables the creation of AR. In addition, the company provides Onshape, a cloud product development platform that delivers computer-aided design with data management tools; Arena, a PLM and QMS products that delivers cloud solutions; Creo, a 3D CAD technology ena... [Read more]
Financial Performance
In 2022, PTC Inc.'s revenue was $1.93 billion, an increase of 6.98% compared to the previous year's $1.81 billion. Earnings were $313.08 million, a decrease of -34.35%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for PTC stock is "Buy." The 12-month stock price forecast is $159.46, which is an increase of 13.37% from the latest price.
News

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 ...

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....

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...

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...

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...

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...

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...

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...

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 ...

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/ -- ...

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...

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...

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...

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...

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...

PTC to Announce Fiscal Q1'23 Results on Wednesday, February 1st, 2023
BOSTON , Jan. 17, 2023 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2023 first quarter results on Wednesday, February 1 st after the stock market closes. Senior management will host a liv...

PTC Completes Acquisition of ServiceMax
Acquisition expands service capabilities of PTC's closed-loop PLM portfolio BOSTON , Jan. 4, 2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has completed its acquisition of ServiceMax...

PTC Discloses Enabling Role in Nuclear Fusion Breakthrough
Fusion Technology at National Ignition Facility Developed with PTC Solutions BOSTON , Dec. 20, 2022 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that its Creo ® computer-aided design (CAD) and Wi...

PTC Announces the Return of LiveWorx to Boston's Seaport Innovation District
PTC to host its premier annual in-person event May 15-18, 2023 BOSTON , Dec. 15, 2022 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the return of its annual LiveWorx®, premier event focused on dig...

Software firm PTC to buy peer ServiceMax for about $1.5 bln
Software firm PTC said on Thursday it will buy cloud-based provider of software ServiceMax for $1.46 billion in cash as it looks to expand its portfolio of product lifecycle management offerings.

PTC to buy FSM software company ServiceMax for $1.46 billion in cash
PTC Inc. PTC, -1.65% announced Thursday an agreement to buy field service management (FSM) software company ServiceMax from an entity majority owned by Silver Lake, for $1.46 billion in cash. PTC, whi...

PTC to Acquire Leading SaaS Field Service Management Provider ServiceMax
Acquisition expected to strengthen service capabilities of PTC's closed-loop PLM portfolio PTC's manufacturing customers rely on field service management for product performance, customer satisfaction...
U.S. chip manufacturers positioned to benefit from the CHIPS Act
CNBC's Seema Mody joins 'TechCheck' to discuss chipmakers increasing spending, developing specialized factories in the U.S. and the key beneficiaries from the CHIPS Act.

PTC ANNOUNCES FOURTH FISCAL QUARTER AND FULL YEAR 2022 RESULTS
Strong Performance in Fourth Fiscal Quarter and Full Year BOSTON , Nov. 2, 2022 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full year ended Sep...

PTC to Host Virtual Investor Event on Thursday, November 17th, 2022 and Participate in Upcoming Investor Conferences
BOSTON , Oct. 27, 2022 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that it will host a virtual investor meeting on Thursday, November 17 th, 2022 from 10:00 am to 12:00 pm (ET). Senior managemen...