# PTC Inc. – Consensus ‘buy’ rating and 15.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/ptc-inc.consensus-buy-rating-and-15.4-upside-potential/4121165700
- Published: 2024-07-22T12:58:47+01:00
- Author: Charlotte Edwards

**PTC Inc.** with ticker code (PTC) now have 18 confirmed analysts covering the 
stock with the consensus suggesting a rating of ‘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 $176.08 and the analysts are correct
then we can expect a percentage increase in value of 15.4%. There is a 50 day moving
average of $178.99 while the 200 day moving average is $173.19. The market capitalization
for the company is 21.07B. The stock price for Occidental Petroleum Corporation 
is $175.92 USD

 The potential market cap would be $24,312,262,389 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 73.61, 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.

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