Todays Report: Today, Investment Analysts’ Weekly Ratings Changes for PTC (PTC)

Today, Investment Analysts’ Weekly Ratings Changes for PTC (PTC)

PTC (NASDAQ: PTC) recently received a number of ratings updates from brokerages and research firms:

Shares of PTC Inc. (NASDAQ:PTC) traded up 1.26% during trading on Friday, reaching $49.79. 914,758 shares of the company were exchanged. The firm’s market cap is $5.76 billion. PTC Inc. has a 52-week low of $27.06 and a 52-week high of $49.81. The stock’s 50-day moving average is $46.31 and its 200-day moving average is $41.47.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, October 26th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by $0.10. PTC had a negative net margin of 4.92% and a positive return on equity of 10.56%. The company earned $288.20 million during the quarter, compared to analyst estimates of $297.91 million. During the same quarter in the prior year, the business earned $0.67 EPS. The business’s quarterly revenue was down 7.8% on a year-over-year basis. Equities research analysts predict that PTC Inc. will post $1.33 earnings per share for the current fiscal year.

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