PTC Inc (NASDAQ: PTC) is 4.43% higher on its value in year-to-date trading and has touched a low of $163.30 and a high of $203.09 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 $189.08 in the last trading session, with the day’s gains setting it 2.93%.
Currently trading at $192.01, the stock is 3.00% and 0.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 1.55% at the moment leaves the stock 5.62% off its SMA200. PTC registered 3.87% gain for a year compared to 6-month gain of 8.81%. The firm has a 50-day simple moving average (SMA 50) of $191.2646 and a 200-day simple moving average (SMA200) of $181.73015.
The stock witnessed a 4.07% loss in the last 1 month and extending the period to 3 months gives it a 3.65%, and is 1.55% up 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 1.92% over the week and 1.67% over the month.
PTC Inc (PTC) has around 7501 employees, a market worth around $23.11B and $2.30B in sales. Current P/E ratio is 61.64 and Fwd P/E is 27.72. Profit margin for the company is 16.37%. Distance from 52-week low is 17.58% and -5.46% from its 52-week high. The company has generated returns on investments over the last 12 months (8.18%).
The EPS is expected to grow by 16.45% this year
951.0 institutions hold shares in PTC Inc (PTC), with institutional investors hold 101.39% of the company’s shares. The shares outstanding are 120.16M, and float is at 119.01M with Short Float at 2.02%. Institutions hold 100.27% 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 Dec 09 ’24 that VON STAATS AARON C (EVP, GC and Secretary) sold a total of 5,373 shares of the company’s common stock. The trade occurred on Dec 09 ’24 and was made at $200.13 per share for $1.08 million. Following the transaction, the insider now directly holds 21707.0 shares of the PTC stock.
Still, SEC filings show that on Dec 09 ’24, VON STAATS AARON C (Officer) Proposed Sale 5,373 shares at an average price of $200.68 for $1.08 million. The insider now directly holds shares of PTC Inc (PTC).
