There is no shortage of investors who are bullish on PTC Inc (PTC) stock

A share price of PTC Inc [PTC] is currently trading at $191.11, down -1.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PTC shares have gain 0.56% over the last week, with a monthly amount glided 3.59%, 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 November 01, 2024, when Berenberg downgraded its rating to a Hold and also revised its price target to $196 from $210. Previously, Mizuho downgraded its rating to Neutral on June 04, 2024, and dropped its price target to $190. On January 04, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $200 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $165 on October 30, 2023. Piper Sandler initiated its recommendation with a Neutral and recommended $150 as its price target on June 14, 2023. BMO Capital Markets started tracking with a Outperform rating for this stock on May 24, 2023, and assigned it a price target of $166. In a note dated January 23, 2023, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $155.

PTC Inc experienced fluctuations in its stock price throughout the past year between $151.73 and $199.48. Currently, Wall Street analysts expect the stock to reach $172 within the next 12 months. PTC Inc [NASDAQ: PTC] shares were valued at $191.11 at the most recent close of the market. An investor can expect a potential drop of -10.0% based on the average PTC price forecast.

Analyzing the PTC fundamentals

Trailing Twelve Months sales for PTC Inc [NASDAQ:PTC] were 2.30B which represents 14.62% growth. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.54.

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 189.32 points at the first support level, and at 187.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 194.23, and for the 2nd resistance point, it is at 197.35.

Ratios To Look Out For

To put it in perspective, the Current Ratio for PTC Inc [NASDAQ:PTC] is 0.69. As well, the Quick Ratio is 0.69, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 9.99, the price to book ratio is 7.61 and price to earnings (TTM) ratio is 61.43.

Transactions by insiders

Recent insider trading involved Ditullio Michael, Officer, that happened on Nov 12 ’24 when 27217.0 shares were purchased. Director, CHAFFIN JANICE completed a deal on Sep 12 ’24 to sell 4000.0 shares. Meanwhile, Director CHAFFIN JANICE bought 4000.0 shares on Sep 12 ’24.

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