Analysts See $0.20 EPS for PTC Inc. (PTC)

June 14, 2018 - By Nellie Frank

PTC Inc. (NASDAQ:PTC) LogoInvestors sentiment decreased to 0.79 in Q1 2018. Its down 0.28, from 1.07 in 2017Q4. It dropped, as 38 investors sold PTC Inc. shares while 132 reduced holdings. 53 funds opened positions while 82 raised stakes. 85.11 million shares or 1.72% less from 86.60 million shares in 2017Q4 were reported.
Nuveen Asset Limited Liability Com invested in 148,910 shares. Moreover, Prescott Mgmt Ltd Liability has 0.24% invested in PTC Inc. (NASDAQ:PTC) for 14,191 shares. Synovus Finance stated it has 0% in PTC Inc. (NASDAQ:PTC). Bluecrest Capital Mngmt Limited, a Guernsey-based fund reported 11,089 shares. Bank & Trust Of America Corp De reported 2,200 shares. British Columbia Invest Mgmt Corp stated it has 0.1% in PTC Inc. (NASDAQ:PTC). Rbf Limited Company has 70,685 shares for 0.12% of their portfolio. Gemmer Asset Management Limited Liability holds 0.01% or 309 shares in its portfolio. Shine Invest Advisory Svcs Inc owns 1,142 shares. Tributary Capital Management Ltd Llc holds 1,730 shares or 0.01% of its portfolio. 692,094 are owned by D E Shaw And Communications Inc. Legal General Public Limited Company holds 0.02% or 332,011 shares. Moreover, Stephens Investment Gru Limited Liability Corporation has 0.53% invested in PTC Inc. (NASDAQ:PTC). Clearbridge Ltd Llc reported 2,278 shares or 0% of all its holdings. Liberty Mutual Gp Asset Management accumulated 22,769 shares.

Analysts expect PTC Inc. (NASDAQ:PTC) to report $0.20 EPS on July, 18.They anticipate $0.06 EPS change or 42.86 % from last quarter’s $0.14 EPS. PTC’s profit would be $23.14 million giving it 119.16 P/E if the $0.20 EPS is correct. After having $0.20 EPS previously, PTC Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.91% or $0.86 during the last trading session, reaching $95.33. About 472,339 shares traded. PTC Inc. (NASDAQ:PTC) has risen 47.35% since June 15, 2017 and is uptrending. It has outperformed by 34.78% the S&P500.

PTC Inc. (NASDAQ:PTC) Ratings Coverage

Among 10 analysts covering PTC Inc (NASDAQ:PTC), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. PTC Inc had 23 analyst reports since January 4, 2018 according to SRatingsIntel. Wedbush maintained it with “Buy” rating and $78.0 target in Thursday, January 18 report. RBC Capital Markets maintained the shares of PTC in report on Thursday, January 18 with “Buy” rating. On Friday, June 8 the stock rating was maintained by Wedbush with “Outperform”. The stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by RBC Capital Markets on Sunday, April 15. The rating was upgraded by Bank of America to “Neutral” on Thursday, January 18. On Thursday, April 19 the stock rating was maintained by Barclays Capital with “Overweight”. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, June 12 report. The stock of PTC Inc. (NASDAQ:PTC) earned “Overweight” rating by KeyBanc Capital Markets on Friday, March 9. The firm has “Buy” rating by Seaport Global given on Thursday, January 18. Robert W. Baird maintained the stock with “Outperform” rating in Thursday, April 19 report.

PTC Inc. develops and delivers software products and solutions worldwide. The company has market cap of $11.03 billion. It operates in two divisions, Software Products and Services. It has a 384.4 P/E ratio. The firm computer-aided design products, including PTC Creo, an interoperable suite of product design software for design engineers; and PTC Mathcad software for solving, analyzing, and sharing vital engineering calculations.

More news for PTC Inc. (NASDAQ:PTC) were recently published by: Themiddlemarket.com, which released: “M&A daily wrap: Rockwell, PTC, L Catterton, Splunk, Heineken, Knauf” on June 11, 2018. Bizjournals.com‘s article titled: “PTC shares hit record high after $1B investment from Rockwell” and published on June 11, 2018 is yet another important article.

PTC Inc. (NASDAQ:PTC) Institutional Positions Chart

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