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.

Several price targets were given for PTC by the analysts covering the stock. The most optimistic price target 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. 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -6.91 percent. The average change in earnings estimates over the last 90 days is -6.91 percent. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

In the trailing 52-weeks, PTC hit 60.22 at the highest peak, while it's lowest trading point was 39.19. The current market price is above the trailing year's low by 40.85 percent, 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 market cap of PTC is $6.38 billion. PTC will post this quarters earnings in days, on 0000-00-00.