PTC Inc. (PTC) Analysts See $0.20 EPS

June 13, 2018 - By Hazel Jackson

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.
4,837 are owned by Bnp Paribas Arbitrage. Stone Ridge Asset Mngmt Ltd Liability Company invested in 5,769 shares or 0.03% of the stock. Loomis Sayles & Ltd Partnership holds 0.03% of its portfolio in PTC Inc. (NASDAQ:PTC) for 161,392 shares. United Cap Advisers Ltd Limited Liability Company owns 31,922 shares or 0.02% of their US portfolio. 966,729 are owned by Palestra Capital Management Ltd Llc. Panagora Asset Inc has invested 0% of its portfolio in PTC Inc. (NASDAQ:PTC). Shannon River Fund Mngmt Limited Liability Corp has 3.14% invested in PTC Inc. (NASDAQ:PTC). State Of New Jersey Common Pension Fund D holds 348,800 shares or 0.1% of its portfolio. Lord Abbett And Co Limited Liability owns 106,055 shares. 187,981 were accumulated by Rothschild Asset Mgmt Inc. The New York-based Qs Investors Ltd Co has invested 0% in PTC Inc. (NASDAQ:PTC). Employees Retirement System Of Texas reported 0.05% in PTC Inc. (NASDAQ:PTC). Hermes Invest Ltd owns 196,550 shares or 0.22% of their US portfolio. Pennsylvania-based Pnc Gp Inc has invested 0% in PTC Inc. (NASDAQ:PTC). Artisan Ptnrs Partnership invested in 295,985 shares.

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 $23.14M giving it 118.09 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 1.02% or $0.95 during the last trading session, reaching $94.47. About 855,854 shares traded. PTC Inc. (NASDAQ:PTC) has risen 47.35% since June 14, 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 21 analyst reports since January 4, 2018 according to SRatingsIntel. As per Thursday, April 19, the company rating was maintained by KeyBanc Capital Markets. As per Thursday, April 19, the company rating was maintained by Robert W. Baird. The firm has “Overweight” rating given on Friday, March 9 by KeyBanc Capital Markets. On Thursday, January 18 the stock rating was maintained by RBC Capital Markets with “Buy”. Barclays Capital maintained the shares of PTC in report on Thursday, January 18 with “Buy” rating. The stock of PTC Inc. (NASDAQ:PTC) has “Buy” rating given on Thursday, January 18 by Seaport Global. Guggenheim maintained PTC Inc. (NASDAQ:PTC) rating on Thursday, January 18. Guggenheim has “Hold” rating and $66.0 target. The stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by Robert W. Baird on Thursday, January 25. The rating was maintained by Berenberg with “Buy” on Monday, April 23. As per Wednesday, January 17, the company rating was maintained by Robert W. Baird.

PTC Inc. develops and delivers software products and solutions worldwide. The company has market cap of $10.93 billion. It operates in two divisions, Software Products and Services. It has a 380.93 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.

Another recent and important PTC Inc. (NASDAQ:PTC) news was published by Themiddlemarket.com which published an article titled: “M&A daily wrap: Rockwell, PTC, L Catterton, Splunk, Heineken, Knauf” on June 11, 2018.

PTC Inc. (NASDAQ:PTC) Institutional Positions Chart

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