PTC (NASDAQ:PTC) Stock Price Down 6.1% – Should You Sell?

PTC Inc. (NASDAQ:PTC)’s share price was down 6.1% during trading on Friday . The stock traded as low as $140.00 and last traded at $140.9120. 130,081 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,404,224 shares. The stock had previously closed at $150.08.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PTC shares. Rosenblatt Securities restated a “buy” rating and set a $190.00 price target on shares of PTC in a report on Thursday, July 30th. Barclays lifted their target price on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Wall Street Zen cut shares of PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Piper Sandler dropped their price target on shares of PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a research note on Thursday, July 30th. Finally, Stifel Nicolaus cut their price target on shares of PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PTC presently has an average rating of “Hold” and an average target price of $170.14.

PTC Stock Performance

The stock has a fifty day simple moving average of $136.18 and a two-hundred day simple moving average of $140.01. The stock has a market capitalization of $15.40 billion, a price-to-earnings ratio of 13.71, a P/E/G ratio of 2.04 and a beta of 1.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The firm had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. During the same period in the previous year, the firm earned $1.64 earnings per share. The company’s revenue was down 6.8% compared to the same quarter last year. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Analysts forecast that PTC Inc. will post 6.54 earnings per share for the current fiscal year.

Institutional Trading of PTC

Several hedge funds have recently bought and sold shares of PTC. Elyxium Wealth LLC bought a new stake in PTC during the 4th quarter valued at $27,000. Palladiem LLC bought a new position in shares of PTC in the fourth quarter valued at $28,000. DV Equities LLC acquired a new position in shares of PTC during the fourth quarter valued at about $29,000. Keating Financial Advisory Services Inc. acquired a new position in shares of PTC during the second quarter valued at about $30,000. Finally, Allworth Financial LP bought a new stake in shares of PTC during the second quarter worth about $32,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

About PTC

PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.

Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.