PTC Inc [PTC] stock is trading at $183.59, up 0.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PTC shares have lost -0.48% over the last week, with a monthly amount glided 3.26%, and 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 [PTC] stock has fluctuated between $134.61 and $194.24 over the past year. Currently, Wall Street analysts expect the stock to reach $171.8 within the next 12 months. PTC Inc [NASDAQ: PTC] shares were valued at $183.59 at the most recent close of the market. An investor can expect a potential drop of -6.42% based on the average PTC price forecast.
Analyzing the PTC fundamentals
PTC Inc [NASDAQ:PTC] reported sales of 2.22B for the trailing twelve months, which represents a drop of -4.37%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.17%, 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 0.61.
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 181.02 points at the first support level, and at 178.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.92, and for the 2nd resistance point, it is at 186.25.
Ratios To Look Out For
For context, PTC Inc’s Current Ratio is 0.69. As well, the Quick Ratio is 0.69, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 9.94, the price to book ratio is 7.31 and price to earnings (TTM) ratio is 74.91.
Transactions by insiders
Recent insider trading involved CHAFFIN JANICE, Director, that happened on Sep 12 ’24 when 4000.0 shares were sold. Director, CHAFFIN JANICE completed a deal on Sep 12 ’24 to buy 4000.0 shares. Meanwhile, Officer CHRISTENSON ALICE bought 590.0 shares on Aug 20 ’24.
