After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that PTC to Announce Fiscal Q1’24 Results on Wednesday, January 31st, 2024.
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Stocks Info
PTC belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $174.70 and fluctuated between $175.40 as its day high and $173.42 as its day low. The current market capitalization of PTC Inc is $20.87B. A total of 0.68 million shares were traded on the day, compared to an average of 786.44K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PTC has seen 5 BUY and 9 SELL insider trades, representing the acquisition of 322,318 and the disposition of 159,344 shares. Over the last 12 months, there were 19 BUYs and 234 SELLs from insiders. Insiders purchased 349,922 shares during that period but sold 1,893,102.
In the most recent transaction, SCHECHTER ROBERT sold 5,000 shares of PTC for 160.23 per share on Dec 05. After the transaction, the Director now owns 62,334 company shares. In a previous transaction on Dec 04, Talvitie Kristian sold 1,588 shares at 158.32 per share. PTC shares that EVP, Chief Financial Officer owns now total 47,128.
Among the insiders who sold shares, Talvitie Kristian disposed of 20,652 shares on Dec 01 at a per-share price of $156.87. This resulted in the EVP, Chief Financial Officer holding 48,716 shares of PTC after the transaction. In another insider transaction, Ditullio Michael sold 6,978 shares at $159.43 per share on Dec 01. Company shares held by the President and COO now total 57,764.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PTC in the last 3 months, the mean price target is $184.53 with high estimates of $210.00 and low estimates of $160.00. In terms of 52-week highs and lows, PTC has a high of $176.25 and a low of $115.44.
As of this writing, PTC has an earnings estimate of $0.96 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.05 per share and a lower estimate of $0.9. The company reported an EPS of $0.99 in the last quarter, which was -1.00% lower than expectations of $1.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PTC’s latest balance sheet shows that the firm has $326.53M in Cash & Short Term Investments as of fiscal 2021. There were $1.65B in debt and $779.28M in liabilities at the time. Its Book Value Per Share was $22.53, while its Total Shareholder’s Equity was $2.04B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 4.71.
