PTC Inc (NASDAQ: PTC) on Tuesday, plunged -1.79% from the previous trading day, before settling in for the closing price of $180.68. Within the past 52 weeks, PTC’s price has moved between $124.42 and $194.24.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 11.32%. The company achieved an average annual earnings per share of 13.58%. With a float of $118.09 million, this company’s outstanding shares have now reached $118.85 million.
Considering the fact that the conglomerate employs 7231 people, you should pay attention to its efficiency factor.
PTC Inc (PTC) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of PTC Inc is 1.23%, while institutional ownership is 95.19%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 13.58% 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
PTC Inc (PTC) is currently performing well based on its current performance indicators. A quick ratio of 1.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.72. Likewise, its price to free cash flow for the trailing twelve months is 36.19.
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)
Compared to the last year’s volume of 0.83 million, its volume of 0.8 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.87%. Additionally, its Average True Range was 3.40.
During the past 100 days, PTC Inc’s (PTC) raw stochastic average was set at 51.41%, which indicates a significant increase from 34.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.89% in the past 14 days, which was lower than the 19.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $183.37, while its 200-day Moving Average is $161.92. Nevertheless, the first resistance level for the watch stands at $179.74 in the near term. At $182.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $183.71. If the price goes on to break the first support level at $175.78, it is likely to go to the next support level at $174.12. Should the price break the second support level, the third support level stands at $171.81.
PTC Inc (NASDAQ: PTC) Key Stats
Market capitalization of the company is 21.21 billion based on 119,552K outstanding shares. Right now, sales total 2,097 M and income totals 245,540 K. The company made 550,210 K in profit during its latest quarter, and 66,390 K in sales during its previous quarter.
