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.

Many analysts weighed in on price targets for PTC. The most optimistic price target was 69, which equates to a potential upside of 25 percent. The lowest price target was 44, which equates to a potential downside of -20.29 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -6.91 percent on average, compared to last month. That number becomes -6.91 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -2.69 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.76 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, 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 a 52-week high of 60.22 and a 52-week low of 39.19. Today's price is 40.85 percent above the 52-week low, and 8.34 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.