PTC (NASDAQ:PTC) Issues FY25 Earnings Guidance

PTC (NASDAQ:PTC) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $5.60-6.30 for the period, compared to the consensus estimate of $5.84. PTC also updated its FY 2025 guidance to 5.600-6.300 EPS.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PTC shares. Berenberg Bank downgraded shares of PTC from a “buy” rating to a “hold” rating and lowered their price objective for the company from $210.00 to $196.00 in a research report on Friday, November 1st. StockNews.com raised PTC from a “hold” rating to a “buy” rating in a report on Friday. Rosenblatt Securities restated a “buy” rating and set a $195.00 price target on shares of PTC in a research note on Thursday, October 10th. Piper Sandler upped their price target on shares of PTC from $182.00 to $202.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Robert W. Baird raised their price objective on shares of PTC from $226.00 to $228.00 and gave the stock an “outperform” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $204.83.

PTC Stock Performance

NASDAQ PTC traded up $2.78 on Friday, reaching $192.83. 1,598,899 shares of the stock were exchanged, compared to its average volume of 808,537. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.43. PTC has a one year low of $148.01 and a one year high of $199.48. The firm has a market capitalization of $23.17 billion, a PE ratio of 62.00, a PEG ratio of 2.91 and a beta of 1.17. The company’s 50-day simple moving average is $180.03 and its two-hundred day simple moving average is $178.31.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, November 6th. The technology company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.05 by $0.11. PTC had a net margin of 16.37% and a return on equity of 14.99%. The firm had revenue of $626.55 million for the quarter, compared to the consensus estimate of $620.49 million. Analysts expect that PTC will post 4.47 EPS for the current fiscal year.

Insider Buying and Selling at PTC

In related news, Director Janice Chaffin sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $171.34, for a total value of $685,360.00. Following the transaction, the director now directly owns 44,137 shares of the company’s stock, valued at approximately $7,562,433.58. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.17% of the company’s stock.

About PTC

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.