Market Watch Highlights: PTC Inc (PTC) Ends on an Downturn Note at 177.48

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, PTC Inc’s stock clocked out at $177.48, down -5.25% from its previous closing price of $187.32. In other words, the price has decreased by -$5.25 from its previous closing price. On the day, 2.13 million shares were traded. PTC stock price reached its highest trading level at $182.66 during the session, while it also had its lowest trading level at $174.32.

Ratios:

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 85.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.56.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on June 04, 2024, Downgraded its rating to Neutral and sets its target price to $190 from $200 previously.

On January 04, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $130 to $200.

Oppenheimer Upgraded its Perform to Outperform on October 30, 2023, while the target price for the stock was maintained at $165.

Insider Transactions:

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 Jun 12 ’24 when CHAFFIN JANICE sold 4,000 shares for $178.20 per share. The transaction valued at 712,817 led to the insider holds 52,137 shares of the business.

Kniker Catherine sold 1,254 shares of PTC for $217,507 on Jun 03 ’24. The Chief Strategy Officer now owns 13,598 shares after completing the transaction at $173.45 per share. On May 24 ’24, another insider, Ditullio Michael, who serves as the President and COO of the company, sold 6,592 shares for $183.15 each. As a result, the insider received 1,207,347 and left with 53,148 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PTC now has a Market Capitalization of 22430453760 and an Enterprise Value of 23192770560. As of this moment, PTC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.13, and their Forward P/E ratio for the next fiscal year is 29.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.48 while its Price-to-Book (P/B) ratio in mrq is 7.22. Its current Enterprise Value per Revenue stands at 10.344 whereas that against EBITDA is 38.176.

Stock Price History:

Over the past 52 weeks, PTC has reached a high of $194.24, while it has fallen to a 52-week low of $134.61. The 50-Day Moving Average of the stock is -0.60%, while the 200-Day Moving Average is calculated to be 4.47%.

Shares Statistics:

It appears that PTC traded 773.54K shares on average per day over the past three months and 874160 shares per day over the past ten days. A total of 118.85M shares are outstanding, with a floating share count of 118.35M. Insiders hold about 1.17% of the company’s shares, while institutions hold 99.43% stake in the company. Shares short for PTC as of 1718323200 were 2905532 with a Short Ratio of 3.76, compared to 1715731200 on 2216805. Therefore, it implies a Short% of Shares Outstanding of 2905532 and a Short% of Float of 2.74.

Most Popular