# PTC Inc. – Consensus ‘buy’ rating and 9.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/ptc-inc.consensus-buy-rating-and-9.6-upside-potential/4121133451
- Published: 2023-11-20T13:59:58+00:00
- Author: Charlotte Edwards

**PTC Inc.** with ticker code (PTC) now have 17 confirmed 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 $182.00 and $155.00 suggesting an average
Analsyt target price of $167.47. Given that the stocks previous close was at $152.83
this is indicating there is a potential upside of 9.6%. There is a 50 day moving
average of $143.13 while the 200 day moving average is $136.46. The total market
capitalization for the company now stands at 18.29B. The current share price for
the company is: $153.94 USD

 The potential market cap would be $20,045,502,340 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 74.73, revenue per share of $17.72
and a 5.43% 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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