PTC Inc. with ticker code (PTC) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 160 and 128 and has a mean target at 145.57. With the stocks previous close at 121.97 this now indicates there is a potential upside of 19.3%. The 50 day MA is 123 while the 200 day moving average is 113.82. The market capitalisation for the company is $14,184m. Visit the company website at: https://www.ptc.com
The potential market cap would be $16,929m based on the market concensus.
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PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx platform, which offers end-to-end capabilities to enable digital transformation; and Vuforia, which enables the creation of AR. In addition, the company provides Onshape, a cloud product development platform that delivers computer-aided design with data management tools; Arena, a PLM and QMS products that delivers cloud solutions; Creo, a 3D CAD technology enables for product design and development, and Windchill, a product lifecycle management software. Further, it offers Servigistics, service parts management solution; Codebeamer, an application lifecycle management for products and software development. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.