EPS for PTC Inc. (PTC) Expected At $0.20

June 21, 2018 - By Ellis Scott

PTC Inc. (NASDAQ:PTC) LogoInvestors sentiment decreased to 0.79 in 2018 Q1. Its down 0.28, from 1.07 in 2017Q4. It turned negative, 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.
The Pennsylvania-based Commonwealth Of Pennsylvania Pub School Empls Retrmt System has invested 0.03% in PTC Inc. (NASDAQ:PTC). Polar Capital Llp reported 84,070 shares. Mckinley Cap Mgmt Limited Liability Co Delaware accumulated 1.44% or 315,285 shares. Cramer Rosenthal Mcglynn Ltd Limited Liability Company, New York-based fund reported 357,288 shares. Geode Capital Ltd Llc has invested 0% of its portfolio in PTC Inc. (NASDAQ:PTC). Pennant Capital Management Ltd Liability has invested 2.25% of its portfolio in PTC Inc. (NASDAQ:PTC). New York-based Alliancebernstein Ltd Partnership has invested 0% in PTC Inc. (NASDAQ:PTC). Prescott Group Cap Mngmt Ltd has invested 0.24% in PTC Inc. (NASDAQ:PTC). State Of Tennessee Treasury Department holds 0.02% or 50,000 shares. Envestnet Asset Management, a Illinois-based fund reported 2,025 shares. Riverhead Management Limited Liability Company holds 12,290 shares or 0.04% of its portfolio. Koch Indus reported 0.07% of its portfolio in PTC Inc. (NASDAQ:PTC). 20 are owned by Earnest Ptnrs Ltd Co. Bank & Trust Of America De owns 0% invested in PTC Inc. (NASDAQ:PTC) for 2,200 shares. Franklin Inc stated it has 49,020 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 $23.14M giving it 124.99 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 2.24% or $2.19 during the last trading session, reaching $99.99. About 1.12 million shares traded or 8.36% up from the average. PTC Inc. (NASDAQ:PTC) has risen 47.35% since June 21, 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 27 analyst reports since January 4, 2018 according to SRatingsIntel. The stock of PTC Inc. (NASDAQ:PTC) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, June 14. The firm has “Hold” rating given on Thursday, January 18 by Guggenheim. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, April 19. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, March 9. The stock of PTC Inc. (NASDAQ:PTC) earned “Neutral” rating by Bank of America on Tuesday, June 19. The stock has “Buy” rating by Robert W. Baird on Thursday, January 4. Guggenheim maintained the shares of PTC in report on Wednesday, January 10 with “Hold” rating. Barclays Capital maintained PTC Inc. (NASDAQ:PTC) on Thursday, January 18 with “Buy” rating. Robert W. Baird maintained it with “Buy” rating and $75.0 target in Wednesday, January 17 report. The rating was maintained by Seaport Global on Thursday, January 18 with “Buy”.

PTC Inc. develops and delivers software products and solutions worldwide. The company has market cap of $11.57 billion. It operates in two divisions, Software Products and Services. It has a 403.19 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 notable recent PTC Inc. (NASDAQ:PTC) news were published by: Businesswire.com which released: “PTC and Elysium Announce New Product Design and Validation App for ThingWorx Navigate” on June 19, 2018, also Businesswire.com with their article: “PTC Customer Cirrus Aircraft to Display Award-Winning First Single Engine Personal Jet at LiveWorx 18” published on June 18, 2018, Benzinga.com published: “3 Reasons Why Goldman Sachs Turned Bullish On Ansys” on June 20, 2018. More interesting news about PTC Inc. (NASDAQ:PTC) were released by: Businesswire.com and their article: “PTC Enhances Industrial Control System Security with New Release of Kepware Industrial Connectivity Platform” published on June 19, 2018 as well as Businesswire.com‘s news article titled: “PTC Integrates ThingWorx With Microsoft Dynamics 365 to Enable Improved Field Service” with publication date: June 19, 2018.

PTC Inc. (NASDAQ:PTC) Institutional Positions Chart

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