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 analysts recently issued reports on PTC shares. Berenberg Bank cut PTC from a “buy” rating to a “hold” rating and reduced their price objective for the company from $210.00 to $196.00 in a research report on Friday, November 1st. Piper Sandler lifted their price objective on shares of PTC from $182.00 to $202.00 and gave the company a “neutral” rating in a research note on Thursday. Rosenblatt Securities reissued a “buy” rating and set a $195.00 target price on shares of PTC in a research report on Thursday, October 10th. Robert W. Baird boosted their price target on PTC from $226.00 to $228.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Royal Bank of Canada increased their price objective on PTC from $202.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, PTC presently has an average rating of “Moderate Buy” and an average target price of $204.83.

PTC Stock Performance

NASDAQ:PTC traded up $2.78 during mid-day trading on Friday, hitting $192.83. 1,598,899 shares of the company’s stock traded hands, 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. The firm has a 50 day moving average of $180.03 and a two-hundred day moving average of $178.31. The firm has a market capitalization of $23.17 billion, a price-to-earnings ratio of 62.00, a price-to-earnings-growth ratio of 2.91 and a beta of 1.17. PTC has a 12 month low of $148.01 and a 12 month high of $199.48.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, November 6th. The technology company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.11. PTC had a return on equity of 14.99% and a net margin of 16.37%. The company had revenue of $626.55 million during the quarter, compared to analysts’ expectations of $620.49 million. On average, equities analysts forecast that PTC will post 4.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Janice Chaffin sold 4,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $171.34, for a total transaction of $685,360.00. Following the completion of the transaction, the director now owns 44,137 shares of the company’s stock, valued at approximately $7,562,433.58. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.