PTC
About: PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).
Employees: 7,501
0
Funds holding %
of 6,809 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% less funds holding
Funds holding: 605 [Q2] → 604 (-1) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 227
2% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 60
2% less capital invested
Capital invested by funds: $21.4B [Q2] → $21B (-$433M) [Q3]
1.5% less ownership
Funds ownership: 98.45% [Q2] → 96.94% (-1.5%) [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
4%
upside
Avg. target
$216
15%
upside
High target
$230
23%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Stifel Adam Borg 82% 1-year accuracy 23 / 28 met price target | 23%upside $230 | Buy Maintained | 18 Dec 2024 |
JP Morgan Stephen Tusa 54% 1-year accuracy 13 / 24 met price target | 12%upside $210 | Overweight Maintained | 2 Dec 2024 |
Baird Joe Vruwink 50% 1-year accuracy 21 / 42 met price target | 22%upside $228 | Outperform Maintained | 7 Nov 2024 |
RBC Capital Matthew Hedberg 70% 1-year accuracy 147 / 209 met price target | 23%upside $230 | Outperform Maintained | 7 Nov 2024 |
Piper Sandler Clarke Jeffries 61% 1-year accuracy 30 / 49 met price target | 8%upside $202 | Neutral Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 5 articles about PTC published over the past 30 days
Positive
The Motley Fool
1 day ago
This Software Stock Could Be the Best Investment of the Decade
Every consumer knows about the growing role of artificial intelligence (AI) and wirelessly enabled digital technologies in our daily lives. But not everyone knows about the seismic shift these developments are having on the manufacturing industry and the role that an industrial software company like PTC (PTC 0.24%) is playing in it.
Neutral
PRNewsWire
1 week ago
PTC Appoints Robert Dahdah as Executive Vice President, Chief Revenue Officer
BOSTON , Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins PTC from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences.
Positive
Zacks Investment Research
1 week ago
Why Is PTC Inc. (PTC) Up 5.7% Since Last Earnings Report?
PTC Inc. (PTC) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
2 weeks ago
PTC, Microsoft & Volkswagen Collaborate on Codebeamer AI Copilot
PTC partners with MSFT and Volkswagen for a Codebeamer AI Copilot designed to simplify product development.
Neutral
PRNewsWire
2 weeks 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 month 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
1 month 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
1 month ago
PTC Inc. (PTC) Q4 2024 Earnings Call Transcript
PTC Inc. (PTC) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month 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
1 month 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.
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