Alert: New Earnings Report (11/6/24)-PTC Inc (NASDAQ: PTC).

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PTC Inc (NASDAQ: PTC) has reported E.P.S. of $1.05 for its fourth fiscal quarter (ending September 30) versus $0.38 for the same period a year ago — an increase of 176%. E.P.S. were $3.14 for the latest four quarters through September 30 versus $2.07 for the same period a year ago — an increase of 52%.

Recent Price Action

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On 11/6/24, PTC Inc (NASDAQ: PTC) stock enjoyed a large increase of 4.2%, closing at $198.04. Moreover, exceptionally high trading volume at 237% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 4.6% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, PTC is expected to continue to be a major Value Builder.

PTC has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PTC has a neutral Power Rating of 47 but a poor Appreciation Score of 23, resulting in the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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