Featured Stock Update: PTC Inc. (NASDAQ:PTC)

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Guggenheim Reinstates PTC Inc. (NASDAQ:PTC)’s stock to Buy with the price target of $115. This rating was issued on 8/08/18. The stock recently closed its previous session at $90.83 by showing a percentage change of -0.46% from its previous day closing price of $91.25.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on PTC Inc. (NASDAQ:PTC) in which Cowen & Co. Initiates Coverage On PTC Inc. (NASDAQ:PTC) to Outperform by settling a price target of $112 on 7/09/18. Bank of America Maintains the stock to Neutral on 6/19/18 by stationing a price target of $102. Baird Maintains the company’s stock to Outperform on 6/19/18 by setting a price target of $110. Wedbush Maintains PTC Inc. (NASDAQ:PTC) to Outperform with a price target of $112.

PTC Inc. (NASDAQ:PTC) currently has a consensus Price Target of $107.25. While some analysts have a High Price target for the stock of $130 and a Low Price Target of $70.

Several sell side analysts reviewed their recommendations on PTC Inc. (NASDAQ:PTC) where 5 analyst have rated the stock as Strong Buy, 6 analysts said it’s a Buy, 4 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.55. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, PTC Inc. (NASDAQ:PTC) reported its Actual EPS of $0.36/share. The analysts offering Earnings Estimates for the company were believing that PTC Inc. (NASDAQ:PTC) could bring EPS of $0.32/share. The difference between Actual EPS and Estimated EPS was 0.04 Percent. Thus the company showed an Earnings Surprise of 12.5 Percent.

PTC Inc. (NASDAQ:PTC) has a market capitalization of 10.7 Billion. The stock traded with the volume of 1.76 Million shares in the last trading session. The stock touched its high share price of $107.44 on 10/01/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/17/17 as $58.40. The company has a 1 Year high price target of $109.79. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -11.6%. The Moving Average SMA50 is -7.95% while SMA200 is 5.7%.

PTC Inc. (NASDAQ:PTC) is currently showing its ROA (Return on Assets) of 2.4%. The Return on Investment (ROI) is at 3% while it’s Return on Equity (ROE) value stands at 6.4%. The stock currently shows its YTD (Year to Date) performance of 49.47 percent while its Weekly performance value is -10.07%. The Monthly and Yearly performances are -13.4 percent and 53.09 percent respectively. The Relative Volume value measured for PTC Inc. (NASDAQ:PTC) is 1.75. The Average Volume (3 months) is 1.01 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. PTC has P/E (Price to Earnings ttm) value of 248.17, Forward P/E of 45.92, P/C (Price to cash per share) of 37.27 and Price to Free Cash Flow (P/FCF) value of 51.54. The stock is showing its Operating Margin of 6.4 percent.

Company Profile:

PTC Inc. develops, markets, and supports software solutions. The company offers enterprise solutions and desktop solutions. Its principal Enterprise Solutions are Windchill, Arbortext, Creo View and Integrity. The Company’s Desktop Solutions include its integrated Creo software suite, its Mathcad engineering calculations software and its Arbortext document authoring tools. It also offers consultation, implementation, training, and maintenance services. PTC Inc., formerly known as Parametric Technology Corporation, is headquartered in Needham, Massachusetts.