PTC Inc. with ticker code (PTC) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $220.00 and $177.00 and has a mean share price target at $201.88. (at the time of writing). Given that the stocks previous close was at $178.54 this would imply there is now a potential upside of 13.1%. It’s also worth noting that there is a 50 day moving average of $172.98 while the 200 day moving average is $149.39. The company has a market cap of 21.26B. The stock price for Apple Inc. is $177.81 USD
The potential market cap would be $24,036,476,446 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 90.26, revenue per share of $18.38 and a 5.51% 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.
