A new trading day began on Tuesday, with PTC Inc (NASDAQ: PTC) stock price up 0.68% from the previous day of trading, before settling in for the closing price of $188.66. PTC’s price has ranged from $120.62 to $194.24 over the past 52 weeks.
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Annual sales at Technology sector company grew by 11.32% over the past five years. Meanwhile, its annual earnings per share averaged 13.71%. With a float of $118.08 million, this company’s outstanding shares have now reached $118.85 million.
Let’s look at the performance matrix of the company that is accounted for 7231 employees.
PTC Inc (PTC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of PTC Inc is 1.23%, while institutional ownership is 95.18%. The most recent insider transaction that took place on Mar 01 ’24, was worth 1,404,084. In this transaction Director of this company sold 7,500 shares at a rate of $187.21, taking the stock ownership to the 11,037 shares. Before that another transaction happened on Feb 12 ’24, when Company’s Chief Strategy Officer sold 1,330 for $179.59, making the entire transaction worth $238,849. This insider now owns 13,864 shares in total.
PTC Inc (PTC) Latest Financial update
In its latest quarterly report, released on 12/30/2023, the company reported earnings of $1.11 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.93% during the next five years compared to 36.14% growth over the previous five years of trading.
PTC Inc (NASDAQ: PTC) Trading Performance Indicators
Here are PTC Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.41. Likewise, its price to free cash flow for the trailing twelve months is 38.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.98, a number that is poised to hit 1.23 in the next quarter and is forecasted to reach 6.09 in one year’s time.
Technical Analysis of PTC Inc (PTC)
PTC Inc (NASDAQ: PTC) saw its 5-day average volume 0.78 million, a negative change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 67.33%. Additionally, its Average True Range was 3.63.
During the past 100 days, PTC Inc’s (PTC) raw stochastic average was set at 92.72%, which indicates a significant increase from 69.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.45% in the past 14 days, which was lower than the 20.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.79, while its 200-day Moving Average is $157.01. Nevertheless, the first resistance level for the watch stands at $191.32 in the near term. At $192.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $194.03. If the price goes on to break the first support level at $188.61, it is likely to go to the next support level at $187.28. The third support level lies at $185.90 if the price breaches the second support level.
PTC Inc (NASDAQ: PTC) Key Stats
With a market capitalization of 22.71 billion, the company has a total of 119,552K Shares Outstanding. Currently, annual sales are 2,097 M while annual income is 245,540 K. The company’s previous quarter sales were 550,210 K while its latest quarter income was 66,390 K.
