Analyst Expects PTC Inc (NASDAQ: PTC) To Make Big Moves

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed PTC Will Participate in Upcoming Investor Conferences.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NASDAQ listed company, PTC falls under the Technology sector while operating within the Software – Application industry segment. The current market capitalization of PTC Inc is $22.68B. A total of 1.05 million shares were traded on the day, compared to an average of 842.18K shares.

In the most recent transaction, LACY PAUL A sold 7,500 shares of PTC for 187.21 per share on Mar 01 ’24. After the transaction, the Director now owns 11,037 company shares. In a previous transaction on Feb 12 ’24, Kniker Catherine sold 1,330 shares at 179.59 per share. PTC shares that Chief Strategy Officer owns now total 13,864.

Among the insiders who sold shares, HEPPELMANN JAMES E disposed of 35,000 shares on Feb 05 ’24 at a per-share price of $177.24. This resulted in the CEO holding 968,357 shares of PTC after the transaction. In another insider transaction, VON STAATS AARON C sold 2,432 shares at $179.25 per share on Feb 01 ’24. Company shares held by the EVP, GC and Secretary now total 17,334.

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. In terms of 52-week highs and lows, PTC has a high of $189.88 and a low of $118.50.

As of this writing, PTC has an earnings estimate of $1.23 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.35 per share and a lower estimate of $1.19. The company reported an EPS of $1.2 in the last quarter, which was 5.30% higher than expectations of $1.14.

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. 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 $23.50, while its Total Shareholder’s Equity was $2.04B.

Analysts Opinion

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, 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.

Most Popular

Related Posts