A new trading day began on Tuesday, with PTC Inc (NASDAQ: PTC) stock price up 2.02% from the previous day of trading, before settling in for the closing price of $186.23. PTC’s price has ranged from $146.63 to $194.24 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 13.89% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 15.11%. With a float of $118.78 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. In terms of profitability, gross margin is 78.86%, operating margin of 23.25%, and the pretax margin is 17.46%.
PTC Inc (PTC) Insider Updates
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 1.13%, while institutional ownership is 99.19%. The most recent insider transaction that took place on Sep 12 ’24, was worth 674,993. In this transaction Director of this company sold 4,000 shares at a rate of $168.75, taking the stock ownership to the 40,137 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director proposed sale 4,000 for $168.75, making the entire transaction worth $674,993.
PTC Inc (PTC) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.2 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 1.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.45% 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 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.29. Likewise, its price to free cash flow for the trailing twelve months is 33.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.45, a number that is poised to hit 1.45 in the next quarter and is forecasted to reach 5.84 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 0.77 million. That was inferior than the volume of 0.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 65.04%. Additionally, its Average True Range was 3.49.
During the past 100 days, PTC Inc’s (PTC) raw stochastic average was set at 96.68%, which indicates a significant increase from 92.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.37% in the past 14 days, which was lower than the 22.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $178.95, while its 200-day Moving Average is $179.44. However, in the short run, PTC Inc’s stock first resistance to watch stands at $191.13. Second resistance stands at $192.28. The third major resistance level sits at $194.54. If the price goes on to break the first support level at $187.72, it is likely to go to the next support level at $185.46. Assuming the price breaks the second support level, the third support level stands at $184.31.
PTC Inc (NASDAQ: PTC) Key Stats
With a market capitalization of 22.82 billion, the company has a total of 120,135K Shares Outstanding. Currently, annual sales are 2,097 M while annual income is 245,540 K. The company’s previous quarter sales were 518,640 K while its latest quarter income was 68,980 K.
