There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for PTC Inc. (PTC) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $124.67. The PTC Inc. has recorded 25,252 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that PTC Extends Executive Agreement with CEO James Heppelmann.
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As a NASDAQ listed company, PTC falls under the Technology sector while operating within the Software – Application industry segment. At the end of the last regular session, the stock closed at $124.67 and fluctuated between $125.36 as its day high and $123.00 as its day low. The current market capitalization of PTC Inc. is $15.11B. A total of 0.68 million shares were traded on the day, compared to an average of 690.37K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PTC has seen 0 BUY and 44 SELL insider trades, representing the acquisition of 0 and the disposition of 592,948 shares. Over the last 12 months, there were 12 BUYs and 271 SELLs from insiders. Insiders purchased 440,072 shares during that period but sold 3,186,523.
In the most recent transaction, Moret Blake D. sold 20,000 shares of PTC for 123.78 per share on Mar 01. After the transaction, the Director now owns 7,345,064 company shares. In a previous transaction on Feb 28, Moret Blake D. sold 20,000 shares at 126.28 per share. PTC shares that Director owns now total 7,365,064.
Among the insiders who sold shares, Moret Blake D. disposed of 20,000 shares on Feb 27 at a per-share price of $126.76. This resulted in the Director holding 7,385,064 shares of PTC after the transaction. In another insider transaction, Moret Blake D. sold 20,000 shares at $127.26 per share on Feb 24. Company shares held by the Director now total 7,405,064.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PTC in the last 3 months, the mean price target is $154.67 with high estimates of $170.00 and low estimates of $130.00. In terms of 52-week highs and lows, PTC has a high of $139.91 and a low of $96.55.
As of this writing, PTC has an earnings estimate of $1.13 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.31 per share and a lower estimate of $0.98. The company reported an EPS of $1.27 in the last quarter, which was 10.40% higher than expectations of $1.15.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PTC is Underweight with a score of 4.53. A total of 11 analysts rated the stock as Buy while 2 rated it as Overweight while 4 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.