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.

A number of analysts gave price targets for PTC. The maximum price target given was 69, which equates to a potential upside of 25 percent. The minimum price target given was 44, implying a possible loss of -20.29 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.91 percent. The average change in earnings estimates over the last 90 days is -6.91 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.69 percent, as compared to a month ago. 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. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

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 below the high by 8.34 percent. PTC has a P/E 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.