Media headlines about PTC (NASDAQ:PTC) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PTC earned a news impact score of 0.24 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.5956700527191 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Form 3 PTC INC. For: Mar 08 Filed by: Mitford Kathleen (streetinsider.com)
- Form 3 PTC INC. For: Mar 08 Filed by: Mitford Kathleen – StreetInsider.com (streetinsider.com)
- PTC (PTC) PT Raised to $92.00 (americanbankingnews.com)
- Technical Indicators in Focus – PTC Inc (NASDAQ: PTC) – Alpha Beta Stock (alphabetastock.com)
- Staples Solutions Goes Live with PTC’s Retail Product Lifecycle Management (PLM) Solution (finance.yahoo.com)
PTC (NASDAQ PTC) traded up $0.42 on Friday, hitting $80.72. The stock had a trading volume of 1,018,815 shares, compared to its average volume of 698,819. PTC has a 52 week low of $50.68 and a 52 week high of $81.72. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.02 and a quick ratio of 1.03. The stock has a market cap of $9,386.44, a P/E ratio of 322.88, a PEG ratio of 2.89 and a beta of 1.42.
PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, January 17th. The technology company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.01. PTC had a return on equity of 9.29% and a net margin of 2.47%. The business had revenue of $306.44 million for the quarter, compared to the consensus estimate of $300.17 million. During the same period last year, the business earned $0.26 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. equities analysts forecast that PTC will post 0.78 earnings per share for the current year.
PTC has been the subject of a number of research reports. Citigroup raised their price objective on PTC to $78.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Evercore ISI restated a “buy” rating and set a $85.00 price objective on shares of PTC in a research report on Thursday, January 18th. Robert W. Baird restated a “buy” rating and set a $68.00 price objective on shares of PTC in a research report on Thursday, January 4th. Seaport Global Securities restated a “buy” rating and set a $83.00 price objective on shares of PTC in a research report on Friday, January 19th. Finally, BidaskClub raised PTC from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $72.44.
In other PTC news, insider James E. Heppelmann sold 25,000 shares of PTC stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $72.34, for a total value of $1,808,500.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Anthony Dibona sold 5,464 shares of PTC stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $73.97, for a total value of $404,172.08. Following the completion of the transaction, the executive vice president now directly owns 36,317 shares in the company, valued at $2,686,368.49. The disclosure for this sale can be found here. Insiders sold a total of 37,964 shares of company stock worth $2,765,872 over the last three months. 1.19% of the stock is owned by company insiders.
PTC Company Profile
PTC Inc is a global computer software and services company. The Company offers a portfolio of computer-aided design (CAD) modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. It offers a suite of Internet of Things (IoT) solutions that enables its customers to connect, manage and analyze data, and create applications.
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