PTC Inc (PTC) Moves -0.68% Lower: These Numbers are Too Good to be True

PTC Inc (NASDAQ: PTC) open the trading on Wednesday, with a bit cautious approach as it glided -0.68% to $185.35, before settling in for the price of $186.61 at the close. Taking a more long-term approach, PTC posted a 52-week range of $120.62-$194.24.

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The Technology sector firm’s twelve-monthly sales growth has been 11.32% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 36.14%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.79%. This publicly-traded company’s shares outstanding now amounts to $118.85 million, simultaneously with a float of $118.08 million. The organization now has a market capitalization sitting at $22.16 billion. At the time of writing, stock’s 50-day Moving Average stood at $183.20, while the 200-day Moving Average is $158.18.

PTC Inc (PTC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. PTC Inc’s current insider ownership accounts for 1.23%, in contrast to 95.68% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s Director sold 7,500 shares at the rate of 187.21, making the entire transaction reach 1,404,084 in total value, affecting insider ownership by 11,037. Preceding that transaction, on Feb 12 ’24, Company’s Chief Strategy Officer sold 1,330 for 179.59, making the whole transaction’s value amount to 238,849. This particular insider is now the holder of 13,864 in total.

PTC Inc (PTC) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $1.11 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.96) by $0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.

PTC Inc’s EPS increase for this current 12-month fiscal period is 13.79% and is forecasted to reach 6.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.93% through the next 5 years, which can be compared against the 36.14% growth it accomplished over the previous five years trading on the market.

PTC Inc (NASDAQ: PTC) Trading Performance Indicators

Let’s observe the current performance indicators for PTC Inc (PTC). It’s Quick Ratio in the last reported quarter now stands at 1.19. The Stock has managed to achieve an average true range (ATR) of 3.42. Alongside those numbers, its PE Ratio stands at $93.63, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.16. Similarly, its price to free cash flow for trailing twelve months is now 37.81.

In the same vein, PTC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.98, a figure that is expected to reach 1.23 in the next quarter, and analysts are predicting that it will be 6.08 at the market close of one year from today.

Technical Analysis of PTC Inc (PTC)

[PTC Inc, PTC] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 29.96% While, its Average True Range was 3.34.

Raw Stochastic average of PTC Inc (PTC) in the period of the previous 100 days is set at 80.77%, which indicates a major rise in contrast to 37.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.57% that was lower than 19.09% volatility it exhibited in the past 100-days period.