PTC Inc. with ticker code (PTC) now have 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $182.00 and $155.00 suggesting an average Analsyt target price of $167.47. Given that the stocks previous close was at $157.36 this is indicating there is a potential upside of 6.4%. Also worth taking note is the 50 day moving average now sits at $145.68 and the 200 day moving average is $137.46. The total market capitalization for the company now stands at 19.01B. The current stock price for Microsoft Corporation is currently $159.41 USD
The potential market cap would be $20,230,118,265 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 77.38, revenue per share of $17.72 and a 5.44% return on assets.
PTC Inc. is a software and services company that enables industrial companies to improve growth and profitability with a portfolio of digital solutions. The Company’s technology portfolio spans across the computer-aided design (CAD), product lifecycle management (PLM), Industrial Internet of Things (IIoT), and Augmented Reality (AR) markets. It operates through two segments: Software Products and Professional Services. The Software Products segment includes license, subscription, and related support revenue (including updates and technical support) for all its products. The Professional Services segment includes consulting, implementation and training services. Its AR Tools & Solutions include Vuforia Instruct, Vuforia Expert Capture, Vuforia Studio, Vuforia Chalk, Vuforia Engine and Vuforia Work Instructions. Its Industrial Internet of Things (IIoT) include ThingWorx Industrial IoT Solutions Platform, ThingWorx, ThingWorx Kepware Server, ThingWorx Manufacturing Apps and Kepware.
