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 maximum price target given was 69, implying a possible profit of 25 percent. The lowest price target was 44, implying potential capital losses of -20.29 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -6.91 percent. That number becomes -6.91 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -2.69 percent, compared to last month. 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 revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.