As of close of business last night, PTC Inc.’s stock clocked out at $133.62, down -1.01% from its previous closing price of $134.98. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 604143 shares were traded. PTC stock price reached its highest trading level at $135.10 during the session, while it also had its lowest trading level at $133.06.
To gain a deeper understanding of PTC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
On January 11, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $155.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 12 when Moret Blake D. sold 7,281 shares for $123.68 per share. The transaction valued at 900,530 led to the insider holds 7,705,717 shares of the business.
Moret Blake D. sold 304,000 shares of PTC for $36,846,512 on Dec 09. The Director now owns 7,712,998 shares after completing the transaction at $121.21 per share. On Dec 08, another insider, Moret Blake D., who serves as the Director of the company, sold 116,000 shares for $122.25 each. As a result, the insider received 14,181,479 and left with 8,016,998 shares of the company.
As of this moment, PTC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.46, and their Forward P/E ratio for the next fiscal year is 25.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.56 while its Price-to-Book (P/B) ratio in mrq is 6.83.
Stock Price History:
Over the past 52 weeks, PTC has reached a high of $135.09, while it has fallen to a 52-week low of $96.55. The 50-Day Moving Average of the stock is 125.11, while the 200-Day Moving Average is calculated to be 114.94.
It appears that PTC traded 766.22K shares on average per day over the past three months and 699.75k shares per day over the past ten days. A total of 117.43M shares are outstanding, with a floating share count of 105.26M. Insiders hold about 1.00% of the company’s shares, while institutions hold 91.10% stake in the company. Shares short for PTC as of Oct 13, 2022 were 2.34M with a Short Ratio of 1.48M, compared to 2.24M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.99% and a Short% of Float of 2.56%.
As of right now, 14 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.15 for the current quarter, with a high estimate of $1.24 and a low estimate of $1.06, while EPS last year was $1.1. The consensus estimate for the next quarter is $1.18, with high estimates of $1.36 and low estimates of $0.98.
Analysts are recommending an EPS of between $4.55 and $2.41 for the fiscal current year, implying an average EPS of $4.33. EPS for the following year is $5.04, with 16 analysts recommending between $6 and $3.34.
In the current quarter, 13 analysts expect revenue to total $497.68M. It ranges from a high estimate of $508.7M to a low estimate of $481.65M. As of the current estimate, PTC Inc.’s year-ago sales were $480.66M, an estimated increase of 3.50% from the year-ago figure.
A total of 17 analysts have provided revenue estimates for PTC’s current fiscal year. The highest revenue estimate was $1.93B, while the lowest revenue estimate was $1.9B, resulting in an average revenue estimate of $1.92B. In the same quarter a year ago, actual revenue was $1.81B, up 6.40% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $2.12B in the next fiscal year. The high estimate is $2.27B and the low estimate is $2.04B. The average revenue growth estimate for next year is up 10.30% from the average revenue estimate for this year.