PTC (NASDAQ:PTC) Issues FY 2025 Earnings Guidance

PTC (NASDAQ:PTC) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.600-6.300 for the period, compared to the consensus estimate of 5.830. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.5 billion. PTC also updated its FY25 guidance to $5.60-6.30 EPS.

Wall Street Analyst Weigh In

PTC has been the topic of several recent research reports. Robert W. Baird upped their price target on PTC from $216.00 to $226.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Berenberg Bank lowered shares of PTC from a “buy” rating to a “hold” rating and cut their target price for the stock from $210.00 to $196.00 in a research note on Friday, November 1st. Royal Bank of Canada reiterated an “outperform” rating and issued a $202.00 price target on shares of PTC in a research note on Thursday, August 1st. StockNews.com cut shares of PTC from a “buy” rating to a “hold” rating in a report on Monday, August 5th. Finally, Piper Sandler raised their price objective on shares of PTC from $177.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Five equities research 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 $200.67.

PTC Stock Up 4.2 %

Shares of NASDAQ PTC traded up $8.05 during mid-day trading on Wednesday, reaching $198.04. The company had a trading volume of 1,730,627 shares, compared to its average volume of 800,820. The firm has a 50 day simple moving average of $179.50 and a two-hundred day simple moving average of $178.13. PTC has a 52-week low of $147.95 and a 52-week high of $199.48. 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 stock has a market cap of $23.79 billion, a P/E ratio of 80.83, a PEG ratio of 2.74 and a beta of 1.17.

Insiders Place Their Bets

In other news, Director Janice Chaffin sold 4,000 shares of the business’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $171.34, for a total value of $685,360.00. Following the completion of the sale, 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. Corporate 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.