PTC Inc. (PTC) Analysts See $0.20 EPS on July, 18

June 27, 2018 - By Mary Bollinger

PTC Inc. (NASDAQ:PTC) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0.79. That’s change of 0.28, from 2017Q4’s 1.07. 38 investors sold all, 132 reduced holdings as PTC Inc. ratio worsened. 82 rose holdings while 53 funds took holdings. Funds hold 85.11 million shares thus 1.72% less from 2017Q4’s 86.60 million shares.
7,090 are held by Mirae Asset Global Commerce. Global Endowment Mngmt Ltd Partnership stated it has 5,000 shs or 0.06% of all its holdings. Macquarie Grp stated it has 756,811 shs or 0.11% of all its holdings. Ww Asset Mngmt Inc accumulated 0.03% or 7,004 shs. American Natl Registered Advisor has invested 0.29% in PTC Inc. (NASDAQ:PTC). 3,851 were reported by Us Bank & Trust De. Prescott Capital Management Ltd Llc holds 0.24% in PTC Inc. (NASDAQ:PTC) or 14,191 shs. Moreover, Texas Permanent School Fund has 0.08% invested in PTC Inc. (NASDAQ:PTC) for 76,982 shs. Raymond James And Associate stated it has 0.03% in PTC Inc. (NASDAQ:PTC). Advantus Management invested in 14,239 shs. 40,420 are held by Granite Ptnrs Ltd. Balyasny Asset Mgmt Lc invested in 0.04% or 135,313 shs. Brinker Cap holds 0.03% or 11,177 shs. Stratos Wealth Ltd holds 84 shs. Toronto Dominion National Bank & Trust, a Ontario – Canada-based fund reported 3,125 shs.

PTC Inc. (NASDAQ:PTC)’s quarterly earnings will be announced on July, 18., according to RTT. Analysts predict $0.20 EPS. That’s $0.06 up or 42.86 % from 2017’s earnings of $0.14. If the current EPS of $0.20 is accurate, PTC’s profit could reach $23.14 million. 0.00 % EPS growth is what analysts predict. $0.20 EPS was announced for previous quarter. Ticker’s shares touched $93.0425 during the last trading session after 0.37% change.PTC Inc. has volume of 211,706 shares. Since June 27, 2017 PTC has risen 47.35% and is uptrending. PTC outperformed the S&P 500 by 34.78%.

PTC Inc. (NASDAQ:PTC) Ratings Coverage

A total of 10 analysts rate PTC Inc (NASDAQ:PTC) as follows: 8 “Buy”, 2 “Hold” and 0 “Sell”. Š¢herefore 80% are bullish. (NASDAQ:PTC) has 27 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Wednesday, June 13 the firm earned “Overweight” rating by Barclays Capital. On Tuesday, June 19 the company was maintained by Bank of America. The stock rating was maintained by Seaport Global with “Buy” on Thursday, January 18. The stock rating was upgraded by Bank of America to “Neutral” on Thursday, January 18. On Thursday, January 25 the company was maintained by Robert W. Baird. On Wednesday, January 17 the stock has “Buy” rating by KeyBanc Capital Markets. On Thursday, January 18 the company was maintained by Wedbush. On Monday, March 5 the stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by Robert W. Baird. On Wednesday, January 17 the rating was maintained by Robert W. Baird with “Buy”. On Wednesday, January 10 Guggenheim maintained PTC Inc. (NASDAQ:PTC) rating. Guggenheim has “Hold” rating and $60.0 target.

PTC Inc. develops and delivers software products and solutions worldwide.The firm is valued at $10.76 billion. It operates in two divisions, Software Products and Services.The P/E ratio is 375.17. 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.

A couple more PTC Inc. (NASDAQ:PTC) news were announced by: Businesswire.com which released on June 18, 2018 “ANSYS and PTC to Offer Groundbreaking Integrated Solution for Design at the Speed of Thought”, also Investorplace.com on June 22, 2018 announced “Don’t Worry About Missing Out, Ansys Stock Is Due for a Pullback”, the next Bizjournals.com is “Future home of PTC, Alexion could sell for $450M” on June 20, 2018. Businesswire.com has article titled “PTC and Elysium Announce New Product Design and Validation App for ThingWorx Navigate”.

PTC Inc. (NASDAQ:PTC) Institutional Investors Chart

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