PTC Inc (PTC) is ready for next Episode as it posted an annual sales of 2,097 M

PTC Inc (NASDAQ: PTC) kicked off on Tuesday, up 0.43% from the previous trading day, before settling in for the closing price of $177.85. Over the past 52 weeks, PTC has traded in a range of $120.62-$194.24.

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A company in the Technology sector has jumped its sales by 11.32% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 13.84%. With a float of $118.08 million, this company’s outstanding shares have now reached $118.85 million.

In an organization with 7231 employees, it is important to assess its efficiency.

PTC Inc (PTC) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of PTC Inc is 1.23%, while institutional ownership is 95.06%. 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) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 146.54 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.95% during the next five years compared to 36.14% growth over the previous five years of trading.

PTC Inc (NASDAQ: PTC) Trading Performance Indicators

Take a look at PTC Inc’s (PTC) current performance indicators. Last quarter, 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 9.79. Likewise, its price to free cash flow for the trailing twelve months is 36.44.

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 6.08 in one year’s time.

Technical Analysis of PTC Inc (PTC)

Let’s dig in a bit further. During the last 5-days, its volume was 0.83 million. That was inferior than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.43%. Additionally, its Average True Range was 3.68.

During the past 100 days, PTC Inc’s (PTC) raw stochastic average was set at 62.42%, which indicates a significant increase from 13.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.54% in the past 14 days, which was lower than the 19.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $183.54, while its 200-day Moving Average is $160.03. However, in the short run, PTC Inc’s stock first resistance to watch stands at $179.41. Second resistance stands at $180.19. The third major resistance level sits at $181.14. If the price goes on to break the first support level at $177.68, it is likely to go to the next support level at $176.73. Assuming the price breaks the second support level, the third support level stands at $175.95.

PTC Inc (NASDAQ: PTC) Key Stats

The company with the Market Capitalisation of 21.35 billion has total of 119,552K Shares Outstanding. Its annual sales at the moment are 2,097 M in contrast with the sum of 245,540 K annual income. Company’s last quarter sales were recorded 550,210 K and last quarter income was 66,390 K.