PTC Inc. which can be found using ticker (PTC) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $220.00 and $177.00 suggesting an average analyst share price target price of $201.88. (at the time of writing). Now with the previous closing price of $188.94 this now indicates there is a potential upside of 6.8%. It’s also worth noting that there is a 50 day moving average of $182.50 while the 200 day moving average is $157.50. The total market capitalization for the company now stands at 22.49B. The current stock price for Microsoft Corporation is currently $188.12 USD
The potential market cap would be $24,030,411,124 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 95.01, 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.
