Analysts See $0.20 EPS for PTC Inc. (PTC)

June 14, 2018 - By Michael Taylor

PTC Inc. (NASDAQ:PTC) LogoInvestors sentiment decreased to 0.79 in 2018 Q1. Its down 0.28, from 1.07 in 2017Q4. It dropped, as 38 investors sold PTC Inc. shares while 132 reduced holdings. 53 funds opened positions while 82 raised stakes. 85.11 million shares or 1.72% less from 86.60 million shares in 2017Q4 were reported.
State Street accumulated 2.99 million shares. Acadian Asset Mngmt Llc stated it has 1,172 shares or 0% of all its holdings. Vident Inv Advisory Ltd Liability Company accumulated 0.97% or 294,615 shares. Archford Cap Strategies Ltd stated it has 16 shares. Impax Asset Mngmt Ltd accumulated 1.20M shares. 70,491 are held by Millennium Mgmt Llc. Lapides Asset Mngmt Ltd Limited Liability Company accumulated 180,800 shares. Essex Investment Ltd invested 0.66% in PTC Inc. (NASDAQ:PTC). Teacher Retirement Of Texas, a Texas-based fund reported 25,720 shares. Qs Invsts Limited Liability Company stated it has 0% in PTC Inc. (NASDAQ:PTC). Twin Tree Mgmt Limited Partnership reported 5,497 shares. Convergence Inv Prtn Limited Liability Corp reported 0% in PTC Inc. (NASDAQ:PTC). United Financial Advisers Lc accumulated 31,922 shares. Aureus Asset Mngmt Lc holds 4,131 shares or 0.05% of its portfolio. Oakbrook Ltd Company owns 12,580 shares for 0.06% of their portfolio.

Analysts expect PTC Inc. (NASDAQ:PTC) to report $0.20 EPS on July, 18.They anticipate $0.06 EPS change or 42.86 % from last quarter’s $0.14 EPS. PTC’s profit would be $23.14 million giving it 119.16 P/E if the $0.20 EPS is correct. After having $0.20 EPS previously, PTC Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.91% or $0.86 during the last trading session, reaching $95.33. About 472,339 shares traded. PTC Inc. (NASDAQ:PTC) has risen 47.35% since June 15, 2017 and is uptrending. It has outperformed by 34.78% the S&P500.

PTC Inc. (NASDAQ:PTC) Ratings Coverage

Among 10 analysts covering PTC Inc (NASDAQ:PTC), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. PTC Inc had 23 analyst reports since January 4, 2018 according to SRatingsIntel. On Thursday, January 18 the stock rating was maintained by Seaport Global with “Buy”. The rating was maintained by RBC Capital Markets on Sunday, April 15 with “Buy”. As per Wednesday, June 13, the company rating was maintained by Barclays Capital. The firm has “Overweight” rating given on Thursday, April 19 by Barclays Capital. KeyBanc Capital Markets maintained PTC Inc. (NASDAQ:PTC) on Thursday, April 19 with “Overweight” rating. The rating was maintained by Wedbush on Thursday, January 18 with “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Thursday, January 18. On Wednesday, January 17 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. As per Thursday, January 4, the company rating was maintained by Robert W. Baird. The stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by Robert W. Baird on Tuesday, June 12.

PTC Inc. develops and delivers software products and solutions worldwide. The company has market cap of $11.03 billion. It operates in two divisions, Software Products and Services. It has a 384.4 P/E ratio. The firm computer-aided design products, including PTC Creo, an interoperable suite of product design software for design engineers; and PTC Mathcad software for solving, analyzing, and sharing vital engineering calculations.

More news for PTC Inc. (NASDAQ:PTC) were recently published by: Bizjournals.com, which released: “PTC shares hit record high after $1B investment from Rockwell” on June 11, 2018. Themiddlemarket.com‘s article titled: “M&A daily wrap: Rockwell, PTC, L Catterton, Splunk, Heineken, Knauf” and published on June 11, 2018 is yet another important article.

PTC Inc. (NASDAQ:PTC) Institutional Positions Chart

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