PTC
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
207% more call options, than puts
Call options by funds: $77.1M | Put options by funds: $25.1M
0% more repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 225
1% less funds holding
Funds holding: 606 [Q2] → 601 (-5) [Q3]
2% less capital invested
Capital invested by funds: $21.4B [Q2] → $21B (-$442M) [Q3]
8% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 63
1.54% less ownership
Funds ownership: 98.45% [Q2] → 96.9% (-1.54%) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 22 [Q2] → 19 (-3) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$195
3%
downside
Avg. target
$215
7%
upside
High target
$230
15%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
JP Morgan Stephen Tusa 74% 1-year accuracy 14 / 19 met price target | 5%upside $210 | Overweight Maintained | 2 Dec 2024 |
Baird Joe Vruwink 70% 1-year accuracy 26 / 37 met price target | 14%upside $228 | Outperform Maintained | 7 Nov 2024 |
RBC Capital Matthew Hedberg 76% 1-year accuracy 79 / 104 met price target | 15%upside $230 | Outperform Maintained | 7 Nov 2024 |
Piper Sandler Clarke Jeffries 58% 1-year accuracy 18 / 31 met price target | 1%upside $202 | Neutral Maintained | 7 Nov 2024 |
Baird Joe Vruwink 70% 1-year accuracy 26 / 37 met price target | 13%upside $226 | Outperform Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 10 articles about PTC published over the past 30 days
Neutral
PRNewsWire
4 hours ago
PTC Partners with Microsoft and Volkswagen Group to Develop Codebeamer Generative AI Copilot
Collaboration brings together industry leaders to advance generative AI use cases for manufacturing Codebeamer Copilot expected to simplify requirements management as part of the product development process Codebeamer Copilot beta expected to release in early 2025 BOSTON , Dec. 3, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has partnered with Microsoft and Volkswagen Group to develop a generative artificial intelligence (AI) copilot based on the PTC Codebeamer® application lifecycle management (ALM) solution. Codebeamer Copilot will support software development in physical products by enabling software engineers to create and manage product requirements more efficiently as well as test, validate, and release them.
Positive
The Motley Fool
1 week ago
A Few Years From Now, You'll Wish You'd Bought This Undervalued Stock
A Few Years From Now, You'll Wish You'd Bought This Undervalued Stock
Positive
Zacks Investment Research
3 weeks ago
PTC's Q4 Earnings Surpass Estimates, Revenues Rise Y/Y, Shares Jump
PTC's Q4 performance is driven by steady growth in recurring revenues amid a tough sales backdrop.
Neutral
Seeking Alpha
3 weeks ago
PTC Inc. (PTC) Q4 2024 Earnings Call Transcript
PTC Inc. (PTC) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Compared to Estimates, PTC Inc. (PTC) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for PTC Inc. (PTC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
3 weeks ago
PTC Inc. (PTC) Q4 Earnings and Revenues Beat Estimates
PTC Inc. (PTC) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.20 per share a year ago.
Negative
Reuters
3 weeks ago
PTC forecasts quarterly revenue below estimates on tight tech spending
Industrial software maker PTC forecast first-quarter revenue below estimates on Wednesday, signaling continued weakness in demand for its industrial design and testing software as companies keep a tight leash on budgets.
Neutral
PRNewsWire
3 weeks ago
PTC ANNOUNCES $2 BILLION SHARE REPURCHASE AUTHORIZATION
BOSTON , Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that its Board of Directors has authorized the repurchase of up to $2 billion worth of PTC common stock through September 30, 2027. "This repurchase authorization demonstrates the Board's confidence in PTC's ability to drive customer value while enhancing shareholder returns, and supports PTC's capital allocation strategy," said Janice Chaffin, Chair of the Board.
Neutral
PRNewsWire
3 weeks ago
PTC ANNOUNCES FOURTH FISCAL QUARTER AND FULL FISCAL YEAR 2024 RESULTS
Solid ARR and Cash Flow in Fourth Fiscal Quarter and Full Fiscal Year BOSTON , Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2024. "In fiscal year 2024, we again delivered solid ARR and cash flow, with year-over-year ARR growth in the low double-digits and cash flow growth above 20%.
Positive
Zacks Investment Research
4 weeks ago
PTC to Report Q4 Earnings: Here's What Investors Should Know
PTC's fiscal fourth-quarter performance is likely to have been driven by strong business momentum across PLM and CAD segments amid forex fluctuations.
Charts implemented using Lightweight Charts™