Analyst Ratings for PTC Inc. (PTC)

Updated: 2017-07-28

PTC Inc. (NASDAQ:PTC) was awarded an average rating of Overweight from investment analysts following the stock. Last month, PTC received an average rating of Buy.

10 analysts declared PTC a buy, 1 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for PTC. The most optimistic price target was 69, implying a possible profit of 25 percent. The most pessimistic analyst gave a price target of 44, which equates to a potential downside of -20.29 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -6.91 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.91 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.69 percent. If we look at the last 90 days instead, we find a net average change of -4.76 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

PTC has traded between a high of 60.22 and a low of 39.19 over the past year. Today's price is 40.85 percent above the 52-week low, and below the high by 8.34 percent. PTC has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PTC value stock report compares PTC to some of its peers using value stock charts. The stock has a market capitalization of $6.38 billion. PTC's next earnings release will be on 0000-00-00, which is days away.