PTC Inc. (PTC) Hit 52-Week High on Apr, 16

April 16, 2018 - By Maria Robertson

PTC Inc. (NASDAQ:PTC) Corporate Logo

Big Money Sentiment increased to 1.07 in 2017 Q4. It has change of 0.01, from 2017Q3’s 1.06. The ratio is positive due to PTC Inc. positioning: 34 sold and 106 reduced. 58 funds bought positions and 92 increased positions. Investors holded 87.30 million in 2017Q3 but now own 86.60 million shares or 0.81% less.
Tensile Capital Mngmt holds 774,926 shs. The Connecticut-based Cubist Systematic Strategies Lc has invested 0.04% in PTC Inc. (NASDAQ:PTC). Global Endowment Mgmt L P reported 5,700 shs or 0.05% of all its holdings. 100 were reported by Mcf Advsr Lc. Glenmede Trust Na has invested 0% of its capital in PTC Inc. (NASDAQ:PTC). Asset has invested 0.02% in PTC Inc. (NASDAQ:PTC). Moreover, Fil has 0.08% invested in PTC Inc. (NASDAQ:PTC) for 491,727 shs. Marshall Wace Llp invested in 0.09% or 34,901 shs. Liberty Mutual Grp Asset Mgmt accumulated 0.05% or 29,348 shs. Teacher Retirement Sys Of Texas owns 0.02% invested in PTC Inc. (NASDAQ:PTC) for 39,331 shs. Exane Derivatives owns 21,415 shs. 10,876 were accumulated by Wells Fargo Mn. Fdx Advsr Inc invested in 0.02% or 12,732 shs. Price T Rowe Associate Md accumulated 571,243 shs. Ameritas Invest reported 34,570 shs stake.

Today PTC Inc. (NASDAQ:PTC) with $81.20 share price, reached yearly high with $86.88 PT or 7.00 % above. On Apr, 16 it was published by Barchart.com. It has $9.44 billion MC. At $86.88 stock PT, the company valuation changes by $660.94 million more.

PTC reached $81.2 on during the last trading session after $0.75 change.PTC Inc. has volume of 95,103 shares. Since April 16, 2017 PTC has risen 49.73% and is uptrending. PTC outperformed the S&P 500 by 38.18%.

Analysts await PTC Inc. (NASDAQ:PTC) to report earnings on April, 18. They expect $0.16 EPS, up 33.33 % or $0.04 from last year’s $0.12 per share. PTC’s profit will be $18.60 million for 126.88 P/E if the $0.16 EPS becomes a reality. After $0.20 actual EPS reported by PTC Inc. for the previous quarter, Wall Street now forecasts -20.00 % negative EPS growth.

PTC Inc. (NASDAQ:PTC) Ratings Coverage

Total analysts of 10 have positions in PTC (NASDAQ:PTC) as follows: 7 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 70%. Since October 26, 2017 according to StockzIntelligence Inc PTC has 20 analyst reports. On Thursday, October 26 Barclays Capital maintained PTC Inc. (NASDAQ:PTC) rating. Barclays Capital has “Overweight” rating and $69 target. On Thursday, January 18 the company was maintained by Guggenheim. On Thursday, January 18 the stock of PTC Inc. (NASDAQ:PTC) earned “Neutral” rating by Bank of America. On Thursday, January 18 the company was maintained by Wedbush. In Thursday, January 18 report Barclays Capital maintained the stock with “Buy” rating. On Thursday, January 4 Robert W. Baird maintained PTC Inc. (NASDAQ:PTC) rating. Robert W. Baird has “Buy” rating and $68.0 target. On Thursday, January 18 the stock has “Buy” rating by RBC Capital Markets. On Wednesday, January 17 KeyBanc Capital Markets maintained the shares of PTC in report with “Buy” rating. On Thursday, January 25 Robert W. Baird maintained PTC Inc. (NASDAQ:PTC) with “Buy” rating. On Tuesday, December 12 the stock has “Hold” rating by J.P. Morgan.

PTC Inc. develops and delivers software products and solutions worldwide.The firm is valued at $9.44 billion. It operates through three divisions: IoT Group, Solutions Group, and Professional Services.The P/E ratio is 327.42. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications and augmented reality (AR) experiences; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications.

PTC Inc. (NASDAQ:PTC) Institutional Investors Chart

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