Brokerages Set PTC Inc. (NASDAQ:PTC) Price Target at $171.27

PTC Inc. (NASDAQ:PTC) has earned an average recommendation of “Moderate Buy” from the seventeen analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $169.00.

Several equities analysts have issued reports on PTC shares. Citigroup lifted their price target on shares of PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Barclays lowered their price objective on PTC from $185.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. BMO Capital Markets set a $155.00 target price on PTC in a research note on Friday. BNP Paribas Exane assumed coverage on PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 target price on the stock. Finally, Wall Street Zen cut PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th.

Insider Transactions at PTC

In other PTC news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the transaction, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This trade represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.29% of the company’s stock.

Institutional Trading of PTC

Several large investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in PTC in the fourth quarter valued at approximately $27,000. Palladiem LLC purchased a new position in PTC during the 4th quarter worth approximately $28,000. DV Equities LLC purchased a new position in PTC during the 4th quarter worth approximately $29,000. Board of the Pension Protection Fund acquired a new stake in PTC during the 4th quarter valued at approximately $35,000. Finally, Quarry LP lifted its stake in PTC by 86.2% during the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after acquiring an additional 94 shares during the period. Hedge funds and other institutional investors own 95.14% of the company’s stock.

PTC Stock Up 4.8%

NASDAQ:PTC opened at $118.52 on Friday. The company’s 50-day simple moving average is $127.33 and its 200-day simple moving average is $143.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. PTC has a fifty-two week low of $108.50 and a fifty-two week high of $219.69. The stock has a market capitalization of $13.69 billion, a P/E ratio of 11.31, a P/E/G ratio of 1.65 and a beta of 0.99.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm had revenue of $774.30 million during the quarter, compared to analyst estimates of $712.40 million. During the same quarter in the previous year, the business posted $1.79 EPS. PTC’s revenue was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, equities analysts anticipate that PTC will post 6.35 earnings per share for the current fiscal year.

PTC Company Profile

PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.