A share price of PTC Inc [PTC] is currently trading at $173.87, up 0.90%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PTC shares have lost -1.26% over the last week, with a monthly amount drifted -1.79%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PTC Inc [NASDAQ: PTC] stock has seen the most recent analyst activity on June 04, 2024, when Mizuho downgraded its rating to a Neutral and also revised its price target to $190 from $200. Previously, JP Morgan upgraded its rating to Overweight on January 04, 2024, and elevated its price target to $200. On October 30, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $165 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $150 on June 14, 2023. BMO Capital Markets initiated its recommendation with a Outperform and recommended $166 as its price target on May 24, 2023. KeyBanc Capital Markets upgraded its rating to Overweight for this stock on January 23, 2023, but kept the price target unchanged to $155. In a note dated January 11, 2023, Berenberg initiated an Buy rating and provided a target price of $155 on this stock.
PTC Inc experienced fluctuations in its stock price throughout the past year between $134.61 and $194.24. Currently, Wall Street analysts expect the stock to reach $154 within the next 12 months. PTC Inc [NASDAQ: PTC] shares were valued at $173.87 at the most recent close of the market. An investor can expect a potential drop of -11.43% based on the average PTC price forecast.
Analyzing the PTC fundamentals
Trailing Twelve Months sales for PTC Inc [NASDAQ:PTC] were 2.24B which represents 11.23% growth. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 171.31 points at the first support level, and at 168.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.21, and for the 2nd resistance point, it is at 178.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for PTC Inc [NASDAQ:PTC] is 0.76. Further, the Quick Ratio stands at 0.76, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 9.28, the price to book ratio is 7.07 and price to earnings (TTM) ratio is 72.62.
Transactions by insiders
Recent insider trading involved CHAFFIN JANICE, Director, that happened on Jul 12 ’24 when 4000.0 shares were sold. Director, CHAFFIN JANICE completed a deal on Jun 12 ’24 to sell 4000.0 shares. Meanwhile, Chief Strategy Officer Kniker Catherine sold 1254.0 shares on Jun 03 ’24.
