Zacks Rating on PTC (PTC)

PTC (PTC) : 4 brokerage houses believe that PTC (PTC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on PTC (PTC). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 6 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

PTC (PTC) : The consensus price target for PTC (PTC) is $45.83 for the short term with a standard deviation of $4.26. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $52, however, the pessimist price target for the company is $39.


Shares of PTC Inc. rose by 2.21% in the last five trading days and 6.16% for the last 4 weeks. PTC Inc. is up 17.93% in the last 3-month period. Year-to-Date the stock performance stands at 22.87%. PTC (NASDAQ:PTC): stock turned positive on Tuesday. Though the stock opened at $42.33, the bulls momentum made the stock top out at $42.56 level for the day. The stock recorded a low of $42.025 and closed the trading day at $42.55, in the green by 1.17%. The total traded volume for the day was 342,488. The stock had closed at $42.06 in the previous days trading.

PTC Inc., develops and delivers technology solutions, comprised of software and services, that transform the way customers create and service their products The Company operates in two Software Products, which includes license and related support revenue for all its products except training-related products, and Services, which includes consulting, implementation, training and license and support revenue for computer-based training products. The Companys solutions and software products include Computer-Aided Design (CAD), Product Lifecycle Management (PLM), Application Lifecycle Management (ALM), Supply Chain Management (SCM) and Service Lifecycle Management (SLM). The Company generates revenue through the sale of software licenses, support and services.

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