PTC Inc. found using ticker (PTC) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 113 and 75 with a mean TP of 87. Now with the previous closing price of 77.33 this indicates there is a potential upside of 12.5%. The 50 day moving average now sits at 75.36 while the 200 day moving average is 72.57. The company has a market cap of $8,864m. Visit the company website at: http://www.ptc.com
PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers Creo, a suite of product design software that provides capabilities for design flexibility, advanced assembly design, piping and cabling design, advanced surfacing, comprehensive virtual prototyping, and other design functions; Windchill, a product lifecycle management software; ThingWorx, which includes cloud-based tools that allow customers to connect products and devices to the cloud; and Vuforia Studio, a cloud-based tool that enables industrial enterprises to author and publish augmented reality experiences. The company also provides consulting, implementation, training, cloud, and license and support services. PTC Inc. markets its products primarily through third-party resellers and strategic partners. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Boston, Massachusetts.