# PTC Inc. – Consensus ‘buy’ rating and 12.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/ptc-inc.consensus-buy-rating-and-12.1-upside-potential/4121163298
- Published: 2024-07-01T14:29:56+01:00
- Author: Charlotte Edwards

**PTC Inc.** with ticker code (PTC) have now 18 analysts in total covering the stock.
The consensus rating is pointing to ‘buy’. The target price High/Low ranges between
$220.00 and $177.00 calculating the average target price we see $203.22. Now with
the previous closing price of $181.26 this would indicate that there is a potential
upside of 12.1%. It’s also worth noting that there is a 50 day moving average of
$177.95 and the 200 moving average now moves to $168.81. The company has a market
capitalization of 21.75B. The stock price for Apple Inc. is $181.67 USD

 The potential market cap would be $24,389,419,110 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 75.7, revenue per share of $18.84
and a 5.33% return on assets.

PTC Inc. is a software and services company that enables industrial companies to
improve growth and profitability with a portfolio of digital solutions. The Company’s
technology portfolio spans across the computer-aided design (CAD), product lifecycle
management (PLM), Industrial Internet of Things (IIoT), and Augmented Reality (AR)
markets. It operates through two segments: Software Products and Professional Services.
The Software Products segment includes license, subscription, and related support
revenue (including updates and technical support) for all its products. The Professional
Services segment includes consulting, implementation and training services. Its 
AR Tools & Solutions include Vuforia Instruct, Vuforia Expert Capture, Vuforia Studio,
Vuforia Chalk, Vuforia Engine and Vuforia Work Instructions. Its Industrial Internet
of Things (IIoT) include ThingWorx Industrial IoT Solutions Platform, ThingWorx,
ThingWorx Kepware Server, ThingWorx Manufacturing Apps and Kepware.

Share on:
