PTC Inc. with ticker code (PTC) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 120 and 80 calculating the average target price we see 105.71. Now with the previous closing price of 90.18 this would indicate that there is a potential upside of 17.2%. The 50 day moving average now sits at 87.66 and the 200 day moving average is 88.91. The company has a market cap of $10,354m. Company Website: http://www.ptc.com
PTC Inc. operates as software and services company in Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio tool for industrial enterprises to author and publish augmented reality experiences; and Creo, an interoperable suite of product design software for design engineers. In addition, it offers Windchill that provides product lifecycle management capabilities; ThingWorx Navigate for complete, contextual, up-to-date, and accurate product information; Integrity solution to manage system models, software configurations, test plans, and defects; and Servigistics, a suite that enables service parts management and customers to continuously enhance their products and services. Further, the company provides consulting, implementation, training, cloud, and license and support services. PTC Inc. markets its products primarily through professionals, third-party resellers, and strategic partners. PTC Inc. has a strategic alliance with Vodafone Group to develop various IoT and augmented reality applications. 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.