PTC stock: buy or sell?

PTC stock price: $66.89 2.31% At close on August 19th, 2019

Updated on:
August 19th, 2019

1

PTC closed today at $66.89 and jumped a more than good 2.31%.

PTC Inc. develops and delivers software products and solutions worldwide. It operates through three segments: IoT Group, Solutions Group, and Professional Services.

Should I buy PTC stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with PTC stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is PTC stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 15 ratings published for PTC stock in the last 30 days.

Is PTC a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-6Wedbushn/aNeutral
2019-7-25Stifel NicolausBuyHold
2019-7-25Royal Bank of CanadaOutperformSector Perform
2019-7-25Mizuhon/aBuy
2019-7-25GuggenheimBuyNeutral
2019-7-25Griffin SecuritiesBuyNeutral
2019-7-25Bank of American/aUnderperform
2019-7-22Citigroupn/aNeutral
2019-6-13Evercore ISIn/aBuy
2019-6-12Bank of American/aUnderperform
2019-4-25JPMorgan Chase & Co.NeutralUnderweight
2019-4-25Deutsche BankBuyBuy
2019-4-25Bank of AmericaNeutralUnderperform
2019-4-10KeyCorpn/aOverweight
2019-3-11Evercore ISIn/aBuy

PTC stock analysis

Daily outlook

Shares of PTC ended today at $66.89 and jumped a more than good 2.31%.

PTC shares jumped 2.31% to $66.89 today. PTC marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $67.30 would break this short term down trend and open possibilities for reversing this situation.

PTC stock chart (daily)

Weekly outlook

After sliding for 4 weeks, this week PTC grew a fine 2.31%, closing at $66.89. Late July PTC collapsed a hair-raising -9.05% in just one week. This week broke a streak of 4 declining weeks.

Since price and 40-weeks moving average lines crossed down late July, PTC fell $-21.10 per share (-23.98%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high PTC marked early October and since then the price is -37.74% below that top.

PTC stock chart (weekly)

PTC stock price history

PTC stock went public on December 8th, 1989 with a price of $1.641. Since then, PTC stock surged a 3,978.70%, with a yearly average of 137.20%. If you had invested right after PTC's IPO a $1,000 in PTC stock in 1989, it would worth $39,787.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PTC stock historical price chart

PTC stock reached all-time highs on October with a price of $107.44.

PTC stock price target is $87.90

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' PTC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 9 price predictions for PTC stock:
PTC stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-6WedbushReiterates$90.00$71.00-21.1%
2019-7-25Stifel NicolausDowngrades$105.00$84.00-20%
2019-7-25Royal Bank of CanadaDowngrades$110.00$85.00-22.7%
2019-7-25MizuhoLowers Target$120.00$100.00-16.7%
2019-7-25Bank of AmericaLowers Target$80.00$65.00-18.8%
2019-6-12Bank of AmericaLowers Target$86.00$80.00-7%
2019-4-25Deutsche BankLowers Target$115.00$110.00-4.3%
2019-4-25Bank of AmericaDowngradesn/a$86.00-
2019-3-11Evercore ISIReiteratesn/a$110.00-
(in average)$100.90$87.90-13.0%
Moving in a range from $110.00 and $65.00, the price forecast for PTC stock is $87.90. In average, analysts' outlook on PTC price forecast is negative, downsizing the prediction by a -13.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when PTC posted its last earnings report, it collapsed a hair-raising -31.28%. As soon as we get its posted EPS from the earnings report, we will extend this review.
PTC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q32017-10-250.360.34-5.6%
2017-Q42018-01-170.30.313.3%
2018-Q12018-04-180.160.225.0%
2018-Q22018-07-180.20.2525.0%
2018-Q32018-10-240.280.24-14.3%
2018-Q42019-01-230.240.3858.3%
2019-Q12019-04-160.35n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an excellent increase of 6.68% to $1,241.82 M USD. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) raised a 3.65% to 4.19%.

PTC fiscal year ends in September, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, PTC TTM sales up to March 2019 were $1,277.49 and earnings $39.14 million dollars. When comparing this TTM figures with the last reported annuality, we can review PTC business evolution since September 2018: Annual revenues up to March, compared to lastest yearly report, appreciated a tiny 2.87%. Regarding profit margin, PTC depreciated -1.12% to 4.19%

PTC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,290 M-$144 M11.1%-
2014$1,357 M5.19%$160 M11.8%11.42%
2015$1,255 M-7.50%$48 M3.8%-70.31%
2016$1,141 M-9.14%$-54.47 M-4.8%-214.53%
2017$1,164 M2.06%$6.24 M0.5%-111.46%
2018$1,242 M6.68%$52 M4.2%733.26%
TTM $1,277 M2.87%$39 M3.1%-24.71%

Quarterly financial results

PTC reported $315.50 million in sales for 2019-Q1, a -5.73% less compared to previous quarter. Reported quarter income marked $-12.03 million with a profit margin of -3.81%. Profit margin plunged a -10.08% compared to previous quarter when profit margin was 6.27%. When comparing turnover to same quarter last year, PTC sales marked a slightly good gain and gained a 2.47%.
PTC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$291 M-$-1 M-0.3%-
2017-Q3$306 M5.15%$17 M5.7%-1,933.33%
2017-Q4$307 M0.09%$14 M4.5%-20.41%
2018-Q1$308 M0.40%$8 M2.6%-42.91%
2018-Q2$315 M2.24%$17 M5.4%114.55%
2018-Q3$313 M-0.72%$13 M4.2%-22.39%
2018-Q4$335 M7.09%$21 M6.3%59.09%
2019-Q1$315 M-5.73%$-12 M-3.8%-157.33%

PTC ownership

When you are planning to buy shares of a stock, it's always worth to review its ownership structure.

PTC shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 9.81% of all shares.

Bearish positions for PTC stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to PTC:

PTCADBEADSKANSSAZPN
Market cap$7.7 B$140.5 B$31.7 B$17.6 B$9.3 B
Total shares115.0 M488.0 M219.6 M83.9 M69.0 M
Float shares104.3 M483.6 M219.3 M83.4 M68.6 M
  - Institutional holdings (%)95.7%88.9%98.7%98.2%99.9%
  - Insider holdings (%)9.8%0.3%0.2%1.2%0.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

PTC summary

Monday, August 19th, 2019
Open$66.53
Close$66.89
Day range$65.81 - $67.13
Previous close$65.38
Session gain2.31%
Average true range$1.99
50d mov avg$81.19
100d mov avg$85.75
200d mov avg$86.33
Daily patternlb06a
Weekly pattern

PTC performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For PTC, the comparison is made against Adobe, Autodesk, ANSYS, Aspen Technology, General Electric, International Business Machines, Oracle, QAD and Synopsys.
Stock3m6m12m
PTC -21.71%-28.06%-31.18%
ADBEAdobe4.80%11.23%10.12%
ADSKAutodesk-17.32%-10.12%8.90%
ANSSANSYS11.75%20.10%21.67%
AZPNAspen Technology17.13%32.78%19.91%
GEGeneral Electric-12.01%-9.19%-24.74%
IBMInternational Bus...0.75%-0.79%-3.94%
ORCLOracle2.44%3.46%11.12%
QADBQAD-9.02%-6.67%-29.96%
SNPSSynopsys11.34%27.02%27.23%

PTC competitors

We selected a few stocks to conform a list of PTC competitors to check if you are interested in investing in PTC:

Latest PTC stock news