PTC Inc (NASDAQ: PTC) is -0.62% lower on its value in year-to-date trading and has touched a low of $134.61 and a high of $194.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PTC stock was last observed hovering at around $176.06 in the last trading session, with the day’s loss setting it -2.18%.
Currently trading at $173.88, the stock is 0.23% and -1.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -1.24% at the moment leaves the stock -1.19% off its SMA200. PTC registered 19.51% gain for a year compared to 6-month loss of -5.65%.
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The stock witnessed a -1.47% gain in the last 1 month and extending the period to 3 months gives it a -1.93%, and is -2.07% 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 1.74% over the week and 2.05% over the month.
PTC Inc (PTC) has around 7231 employees, a market worth around $20.89B and $2.22B in sales. Current P/E ratio is 70.95 and Fwd P/E is 29.74. Profit margin for the company is 13.32%. Distance from 52-week low is 29.17% and -10.48% from its 52-week high. The company has generated returns on investments over the last 12 months (6.62%).
PTC Inc quarterly earnings per share for the current quarter are estimated at 1.45 with sales reaching $620.89M over the same period.The EPS is expected to grow by 14.83% this year, but quarterly earnings will post 9.30% year-over-year. Quarterly sales are estimated to grow 13.60% in year-over-year returns.
943.0 institutions hold shares in PTC Inc (PTC), with institutional investors hold 106.68% of the company’s shares. The shares outstanding are 118.85M, and float is at 118.73M with Short Float at 2.56%. Institutions hold 100.22% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.08 million shares valued at $2.56 billion. The investor’s holdings represent 11.776 of the PTC Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 14.07 million shares valued at $2.56 billion to account for 11.7622 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.86 million shares representing 11.5906 and valued at over $2.52 billion, while STATE STREET CORP holds 4.1333 of the shares totaling 4.94 million with a market value of $897.99 million.
PTC Inc (PTC) Insider Activity
PTC Inc disclosed in a document filed with the SEC on Aug 20 ’24 that CHRISTENSON ALICE (Chief Accounting Officer) sold a total of 590 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $176.08 per share for $0.1 million. Following the transaction, the insider now directly holds 154.0 shares of the PTC stock.
Still, SEC filings show that on Aug 12 ’24, CHAFFIN JANICE (Director) disposed off 4,000 shares at an average price of $171.34 for $0.69 million. The insider now directly holds 44,137 shares of PTC Inc (PTC).
