PTC Inc. (PTC)

NASDAQ: PTC · IEX Real-Time Price · USD
104.24
-0.93 (-0.88%)
Sep 27, 2022 4:00 PM EDT - Market closed
-0.88%
Market Cap 12.24B
Revenue (ttm) 1.91B
Net Income (ttm) 499.19M
Shares Out 117.47M
EPS (ttm) 4.09
PE Ratio 25.49
Forward PE 20.49
Dividend n/a
Ex-Dividend Date n/a
Volume 406,793
Open 106.85
Previous Close 105.17
Day's Range 103.23 - 106.85
52-Week Range 96.55 - 136.00
Beta 1.17
Analysts Buy
Price Target 147.22 (+41.2%)
Earnings Date Nov 1, 2022

About PTC

PTC Inc. operates as software and services 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 a set of capabilities that enable enterprises to digitally transform every aspect of their business with innovative solutions that are simple to create, easy to implement, scalable to meet future needs, and designed to enable customers to accelerate time to value; and Vuforia, which enables the visualization of digital infor... [Read more...]

Industry Software
IPO Date Dec 7, 1989
CEO James Heppelmann
Employees 6,455
Stock Exchange NASDAQ
Ticker Symbol PTC
Full Company Profile

Financial Performance

In 2021, PTC Inc.'s revenue was $1.81 billion, an increase of 23.91% compared to the previous year's $1.46 billion. Earnings were $476.92 million, an increase of 264.91%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for PTC stock is "Buy." The 12-month stock price forecast is 147.22, which is an increase of 41.23% from the latest price.

Price Target
$147.22
(41.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PTC's Onshape-Arena Connection Enables Product Development

PTC announces Onshape-Arena Connection, which reduces costs and difficulties associated with product data and product lifecycle management.

1 week ago - Zacks Investment Research

PTC Introduces Onshape-Arena Connection to Accelerate Product Development and Supply Chain Collaboration

New functionality for Onshape and Arena connects cloud-native CAD, PDM, and PLM Instant sharing of product data between systems with the click of a button Engineering and supply chain teams can collabor...

2 weeks ago - PRNewsWire

2 Growth Stocks to Buy on the Dip

Digitization and electrification will drive growth for these two exciting stocks.

Other symbols: NVT
2 weeks ago - The Motley Fool

Investing in Robotics Stocks

An in-depth look at the top robotics stocks in the U.S stock market this year.

Other symbols: ISRGNVDAPATHROKTERZBRA
2 weeks ago - The Motley Fool

PTC to Participate in Upcoming Investor Conference

BOSTON , Sept. 6, 2022 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that management will participate in the following conference.

3 weeks ago - PRNewsWire

Bentley Systems Announces Michael Campbell Joining as Chief Product Officer

EXTON, Pa.--(BUSINESS WIRE)-- #engineering--Bentley Systems Announces Michael Campbell Joining as Chief Product Officer

Other symbols: BSY
3 weeks ago - Business Wire

PTC Inc. Stock Lost 4% In One Week, What's Next?

PTC Inc. stock (NASDAQ: PTC) has lost 4.1% in the last week, marginally lower than the S&P 500 (down 4%).

4 weeks ago - Forbes

Got $3,000? These Stocks Could Double Your Money by 2030.

An industrial software company, a machine vision leader, and an aerospace giant make up this list of stocks that could generate excellent returns for investors.

Other symbols: CGNXRTX
4 weeks ago - The Motley Fool

The U.S. Senate Just Freed Energy Storage Stocks to Soar 75X

Source: petrmalinak / Shutterstock Just two days ago, the U.S. Senate passed a landmark piece of legislation. And it sets the stage for a particular group of stocks to soar 75X over the next several years.

1 month ago - InvestorPlace

1 Growth Stock to Buy for the Next Decade

This industrial software company's core products are growing more than expected, and its growth products are primed to accelerate growth in the future.

1 month ago - The Motley Fool

PTC Named Overall Leader in Augmented Reality Connected Worker Assessment from PAC

PTC's Vuforia augmented reality solution suite described as "most comprehensive enterprise AR solution suite available in the market" PTC received highest scores in competence and market strength criter...

1 month ago - PRNewsWire

PTC's Q3 Earnings & Revenues Miss Estimates, Stock Down

PTC's third-quarter fiscal 2022 performance gains from momentum across its product portfolio. Unfavorable forex movement and the impact of exiting Russia due to the Ukraine war were dampeners.

1 month ago - Zacks Investment Research

PTC Inc. (PTC) Misses Q3 Earnings and Revenue Estimates

PTC Inc. (PTC) delivered earnings and revenue surprises of -9.35% and 2.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

PTC Announces Third fiscal Quarter 2022 Results

Strong Q3 performance; Raising FY'22 constant currency ARR and Cash Flow guidance BOSTON , July 27, 2022 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its third fiscal quarter e...

2 months ago - PRNewsWire

Here's What You Should Know Ahead of PTC's Q3 Earnings Release

Robust demand for products, especially digital transformation and SaaS, across all segments is expected to have driven PTC's performance in the fiscal third quarter.

2 months ago - Zacks Investment Research

2 Growth Stocks to Buy in a Bear Market

These two stocks are highly likely to emerge from a recession in great shape.

Other symbols: GOOGGOOGL
2 months ago - The Motley Fool

PTC to Announce Fiscal Q3'22 Results on Wednesday, July 27th, 2022

BOSTON , July 11, 2022 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2022 third quarter results on Wednesday, July 27 th after the stock market closes. Senior management will host a live web...

2 months ago - PRNewsWire

Here's Why PTC Appears to be an Attractive Investment Bet

PTC is benefiting from robust demand for products across all segments and regions. The company is also working toward accelerating the SaaS transition

3 months ago - Zacks Investment Research

PTC & ITC Infotech Team Up to Boost Uptake of Windchill

As a part of the deal, a significant portion of PTC's (PTC) PLM consulting and professional services business is taken over by ITC Infotech.

3 months ago - Zacks Investment Research

3 Disruptive Tech Stocks to Go All In on Now

Disruptive tech stocks boast unique competitive advantages as well as sticky consumer and global footprints. The post 3 Disruptive Tech Stocks to Go All In on Now appeared first on InvestorPlace.

Other symbols: PRLBSYK
3 months ago - InvestorPlace

ITC Infotech and PTC Create One of the Industry's Largest Organisations of Windchill Services Expertise with Expanded...

Companies Combine PLM Experts Under DxP Services, a New ITC Infotech Business Unit BANGALORE, India and BOSTON , June 1, 2022 /PRNewswire/ -- ITC Infotech and PTC (NASDAQ: PTC) today announced the closi...

3 months ago - PRNewsWire

PTC stock falls after large shareholder Rockwell Automation discloses plan to sell

Shares of PTC Inc. PTC, -1.26% fell 1.5% in midday trading Wednesday, after one of the product management software company's largest shareholders, Rockwell Automation Inc. ROK, +0.76% , said it planned ...

3 months ago - Market Watch

Why Is PTC Inc. (PTC) Down 2% Since Last Earnings Report?

PTC Inc. (PTC) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

3 Hot Stocks That Can Live Up to Their Lofty Valuations

Here are three companies with long-term prospects that make them attractive stocks for patient investors.

Other symbols: CGNXHON
4 months ago - The Motley Fool

PTC Expands Roles for Executive Team Members

Company Names Mike DiTullio to President, Digital Thread Group; Catherine Kniker to Chief Strategy and Sustainability Officer BOSTON , May 24, 2022 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced expa...

4 months ago - PRNewsWire