The stock of PTC Inc (PTC) has seen a 1.05% increase in the past week, with a 0.87% gain in the past month, and a -3.96% decrease in the past quarter. The volatility ratio for the week is 1.36%, and the volatility levels for the past 30 days are at 2.23% for PTC. The simple moving average for the past 20 days is 1.14% for PTC’s stock, with a -0.11% simple moving average for the past 200 days.
Is It Worth Investing in PTC Inc (NASDAQ: PTC) Right Now?
PTC Inc (NASDAQ: PTC) has a price-to-earnings ratio that is above its average at 71.56x. The stock has a 36-month beta value of 1.18. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 1 as “sell.”
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The public float for PTC is 118.73M, and at present, short sellers hold a 2.04% of that float. On August 23, 2024, the average trading volume of PTC was 806.38K shares.
PTC) stock’s latest price update
The stock of PTC Inc (NASDAQ: PTC) has increased by 0.23 when compared to last closing price of 174.97.Despite this, the company has seen a gain of 1.05% in its stock price over the last five trading days. investorplace.com reported 2024-08-15 that Robotics continues to pique investors’ interest, and even more so as we enter a new age of artificial intelligence technologies. Automation has been a significant catalyst for the space.
Analysts’ Opinion of PTC
Many brokerage firms have already submitted their reports for PTC stocks, with Mizuho repeating the rating for PTC by listing it as a “Neutral.” The predicted price for PTC in the upcoming period, according to Mizuho is $190 based on the research report published on June 04, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see PTC reach a price target of $200, previously predicting the price at $130. The rating they have provided for PTC stocks is “Overweight” according to the report published on January 04th, 2024.
Oppenheimer gave a rating of “Outperform” to PTC, setting the target price at $165 in the report published on October 30th of the previous year.
PTC Trading at -0.67% from the 50-Day Moving Average
After a stumble in the market that brought PTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.71% of loss for the given period.
Volatility was left at 2.23%, however, over the last 30 days, the volatility rate increased by 1.36%, as shares surge +1.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.75% lower at present.
During the last 5 trading sessions, PTC rose by +1.20%, which changed the moving average for the period of 200-days by +18.15% in comparison to the 20-day moving average, which settled at $173.49. In addition, PTC Inc saw 0.24% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PTC starting from CHRISTENSON ALICE, who proposed sale 590 shares at the price of $176.08 back on Aug 20 ’24. After this action, CHRISTENSON ALICE now owns shares of PTC Inc, valued at $103,887 using the latest closing price.
CHRISTENSON ALICE, the Chief Accounting Officer of PTC Inc, sale 590 shares at $176.08 during a trade that took place back on Aug 20 ’24, which means that CHRISTENSON ALICE is holding 154 shares at $103,887 based on the most recent closing price.
Stock Fundamentals for PTC
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.79 for the gross margin
The net margin for PTC Inc stands at 0.13. The total capital return value is set at 0.11. Equity return is now at value 10.53, with 4.79 for asset returns.
Based on PTC Inc (PTC), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 6.89.
Currently, EBITDA for the company is 594.72 million with net debt to EBITDA at 2.65. When we switch over and look at the enterprise to sales, we see a ratio of 10.35. The receivables turnover for the company is 3.29for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.
Conclusion
To sum up, PTC Inc (PTC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
