On Tuesday, PTC Inc (NASDAQ: PTC) opened higher 1.06% from the last session, before settling in for the closing price of $178.55. Price fluctuations for PTC have 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. Company’s average yearly earnings per share was noted 13.67% at the time writing. With a float of $118.09 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 Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of PTC Inc is 1.23%, while institutional ownership is 95.04%. 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
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 1.16 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.14) by 0.02. 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 13.67% 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
Check out the current performance indicators for PTC Inc (PTC). In the past quarter, the stock posted a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.89. Likewise, its price to free cash flow for the trailing twelve months is 36.81.
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 6.05 in one year’s time.
Technical Analysis of PTC Inc (PTC)
PTC Inc (NASDAQ: PTC) saw its 5-day average volume 0.7 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 38.50%. Additionally, its Average True Range was 3.48.
During the past 100 days, PTC Inc’s (PTC) raw stochastic average was set at 65.36%, which indicates a significant increase from 46.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.32% in the past 14 days, which was lower than the 19.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $183.32, while its 200-day Moving Average is $160.99. Nevertheless, the first resistance level for the watch stands at $181.28 in the near term. At $182.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $183.75. If the price goes on to break the first support level at $178.81, it is likely to go to the next support level at $177.19. Assuming the price breaks the second support level, the third support level stands at $176.34.
PTC Inc (NASDAQ: PTC) Key Stats
There are currently 119,552K shares outstanding in the company with a market cap of 21.57 billion. Presently, the company’s annual sales total 2,097 M according to its annual income of 245,540 K. Last quarter, the company’s sales amounted to 550,210 K and its income totaled 66,390 K.
