Latest news with #PTCInc
Yahoo
7 days ago
- Business
- Yahoo
PTC Inc. (PTC) Is Up 3.15% in One Week: What You Should Know
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at PTC Inc. (PTC), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. PTC Inc. currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? In order to see if PTC is a promising momentum pick, let's examine some Momentum Style elements to see if this product development software maker holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For PTC, shares are up 3.15% over the past week while the Zacks Computer - Software industry is up 1.22% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 19.43% compares favorably with the industry's 2.79% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of PTC Inc. have risen 29.93%, and are up 16.85% in the last year. In comparison, the S&P 500 has only moved 18.84% and 15.9%, respectively. Investors should also take note of PTC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now PTC is averaging 1,512,517 shares for the last 20 days.. Earnings Outlook The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with PTC. Over the past two months, 1 earnings estimate moved higher compared to 1 lower for the full year. These revisions helped boost PTC's consensus estimate, increasing from $6.02 to $6.09 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been 1 downward revision in the same time period. Bottom Line Taking into account all of these elements, it should come as no surprise that PTC is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep PTC Inc. on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PTC Inc. (PTC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
16-07-2025
- Business
- Yahoo
Why PTC Inc. (PTC) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Why This 1 Growth Stock Should Be On Your Watchlist Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time. PTC Inc. (PTC) Boston, MA-based PTC Inc is a software provider offering a range of cutting-edge digital technologies that collectively revolutionize the engineering, production and maintenance of tangible goods. Founded in 1985, the company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc in January 2013. PTC sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 19.9% and 8.5% year-over-year, respectively. One analyst revised their earnings upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.07 to $6.09 per share. PTC boasts an average earnings surprise of 14.6%. On a historic basis, PTC Inc. has generated cash flow growth of 25.7%, and is expected to report cash flow expansion of 18.6% this year. Investors should take the time to consider PTC for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PTC Inc. (PTC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-07-2025
- Business
- Yahoo
KeyBanc Maintains ‘Overweight' Rating on PTC Inc. (PTC); Raises PT
Billionaire Kerr Neilson has bought over $1.5 million worth of shares in PTC Inc. (NASDAQ:PTC), representing 0.09% of his stock portfolio, securing the company a spot in . A supply chain employee using the company's secure supply chain management software to update their customer's records. PTC Inc. (NASDAQ:PTC) recently achieved increased traction across its industrial software offerings, thanks to positive reseller channel checks. Citing this, on July 9, 2025, KeyBanc increased its price target on the company's stock from $185 to $198, maintaining an 'Overweight' rating. On the same day, PTC Inc. (NASDAQ:PTC) announced that Nimble, which is an AI logistics robotic firm, has started to leverage the company's Onshape and Arena cloud-based platforms, replacing its own legacy systems. This development, which was fully implemented within 60 days, highlights the growing demand for PTC's cloud-native tools in the high-growth tech industry. Reinforcing the analyst's optimistic outlook for the company's stock, PTC repurchased 463,000 shares for $75 million and repaid $500 million in senior notes, strengthening its financial health. This boosts investors' confidence ahead of fiscal 2025 free cash flow targets. PTC Inc. (NASDAQ:PTC) offers cloud-based platforms, including Windchill, Onshape, Arena, and ThingWorx, supporting digital transformation across a diverse range of sectors, making real-time collaboration, asset optimization, and enhanced product development possible. While we acknowledge the potential of PTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Fertilizer Stocks to Buy According to Hedge Funds and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-07-2025
- Business
- Yahoo
Autodesk (NasdaqGS:ADSK) Stock Up 8% Over Last Quarter
Autodesk is reportedly considering acquiring PTC Inc., an engineering software provider with a $25 billion market cap, sparking interest and potential shifts in industry competition. This development coincides with an 8% rise in Autodesk's stock over the last quarter. The addition of Jeff Epstein and Christie Simons to its Board, both financial experts, underscores a focus on governance improvement. Additionally, Autodesk's reported Q1 earnings revealed a revenue increase but a decrease in net income. These elements contribute to the company's recent stock performance, aligning with broader market trends that have remained steady in recent weeks. We've discovered 1 possible red flag for Autodesk that you should be aware of before investing here. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. The potential acquisition of PTC Inc. by Autodesk could significantly impact the company's long-term trajectory, aligning with its investments in cloud and AI. Such a move might expand Autodesk's customer ecosystem and enhance growth prospects, echoing the narrative that highlights investments in these sectors to support revenue expansion. However, challenges like economic uncertainties and restructuring could affect the realization of these benefits. Over the past three years, Autodesk's total shareholder return, including share price and dividends, was 59.12%, providing a longer-term context that contrasts with its recent underperformance against the US Software industry and market in the past year. Autodesk's recent share price increase, accompanied by governance enhancements, reflects market confidence. Yet, with shares currently priced at US$278.64, the gap to the consensus analyst price target of approximately US$320.15 suggests a potential upside of about 13%. This news could influence revenue and earnings forecasts, particularly if the acquisition fuels better integration and efficiency. Although analysts predict Autodesk's revenue to grow by 11.2% annually over three years, pressures from economic conditions and go-to-market shifts could sway these expectations. Upon reviewing our latest valuation report, Autodesk's share price might be too pessimistic. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:ADSK. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-07-2025
- Business
- Yahoo
Autodesk weighs takeover of engineering software firm PTC, Bloomberg News reports
(Reuters) -Autodesk Inc is evaluating a cash-and-stock deal for rival software maker PTC, Bloomberg News reported on Wednesday, citing people familiar with the matter. Autodesk's shares fell 2% in trading after the bell. Autodesk has been working with advisers on a potential deal, the report said, adding that Boston-based PTC is also drawing interest from other industry players. No final decision has been made and Autodesk could opt against pursuing a deal for PTC, according to the report. Both the companies did not immediately respond to Reuters requests for comment on the report. Autodesk's broad portfolio of cloud-based design products is seeing strong adoption from companies across industries ranging from architecture to animation, while its investment in artificial intelligence has further boosted spending. PTC, which provides software solutions for designing, manufacturing and servicing products across multiple sectors, has seen a demand boost from clients seeking to upgrade their product lineup and maintain competitive edge, alongside companies looking to tap into the AI boom. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
