PTC Inc (NASDAQ: PTC) is 1.44% higher on its value in year-to-date trading and has touched a low of $120.62 and a high of $194.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PTC stock was last observed hovering at around $178.62 in the last trading session, with the day’s loss setting it -1.14%.
Currently trading at $177.48, the stock is -4.49% and -3.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.76 million and changing -0.64% at the moment leaves the stock 10.90% off its SMA200. PTC registered 37.49% gain for a year compared to 6-month gain of 22.89%.
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The stock witnessed a -3.36% loss in the last 1 month and extending the period to 3 months gives it a 3.34%, and is -2.44% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.83% over the week and 1.91% over the month.
PTC Inc (PTC) has around 7231 employees, a market worth around $21.22B and $2.18B in sales. Current P/E ratio is 89.66 and Fwd P/E is 29.20. Profit margin for the company is 10.86%. Distance from 52-week low is 47.14% and -8.63% from its 52-week high. The company has generated returns on investments over the last 12 months (4.54%).
The EPS is expected to grow by 13.84% this year
The shares outstanding are 118.85M, and float is at 118.08M with Short Float at 1.88%.
PTC Inc (PTC) Insider Activity
The most recent transaction is an insider sale by LACY PAUL A, the company’s Director. SEC filings show that LACY PAUL A sold 7,500 shares of the company’s common stock on Mar 01 ’24 at a price of $187.21 per share for a total of $1.4 million. Following the sale, the insider now owns 11037.0 shares.
PTC Inc disclosed in a document filed with the SEC on Feb 12 ’24 that Kniker Catherine (Chief Strategy Officer) sold a total of 1,330 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $179.59 per share for $0.24 million. Following the transaction, the insider now directly holds 13864.0 shares of the PTC stock.
Still, SEC filings show that on Feb 05 ’24, HEPPELMANN JAMES E (CEO) disposed off 35,000 shares at an average price of $177.24 for $6.2 million. The insider now directly holds 968,357 shares of PTC Inc (PTC).
