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PTC
Stock ticker:
NASDAQ
AS OF
Aug 5 closing price
Price
$120.30
Change
-$0.55 (-0.46%)
Capitalization
14.14B

PTC Price Prediction, PTC AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 05, 2022

Momentum Indicator for PTC turns positive, indicating new upward trend

PTC saw its Momentum Indicator move above the 0 level on July 19, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned positive. In 62 of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at 76%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for PTC just turned positive on July 20, 2022. Looking at past instances where PTC's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

PTC moved above its 50-day moving average on July 20, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PTC crossed bullishly above the 50-day moving average on July 28, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where PTC advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PTC moved out of overbought territory on August 02, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 73 cases where PTC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PTC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PTC broke above its upper Bollinger Band on July 28, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PTC entered a downward trend on July 18, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PTC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.523) is normal, around the industry mean (29.274). P/E Ratio (28.490) is within average values for comparable stocks, (141.621). Projected Growth (PEG Ratio) (1.786) is also within normal values, averaging (4.664). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (7.468) is also within normal values, averaging (112.732).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

PTC is expected to report earnings to rise 23.71% to $1.20 per share on November 02

PTC PTC Stock Earnings Reports
Q3'22
Est.
$1.20
Q2'22
Missed
by $0.08
Q1'22
Beat
by $0.27
Q4'21
Missed
by $0.10
Q3'21
Beat
by $0.44
The last earnings report on July 27 showed earnings per share of 97 cents, missing the estimate of $1.05. With 575.75K shares outstanding, the current market capitalization sits at 14.14B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Atlassian Corp (NASDAQ:TEAM), Uber Technologies (NYSE:UBER), Activision Blizzard (NASDAQ:ATVI), NetEase (NASDAQ:NTES).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 6.92B. The market cap for tickers in the group ranges from 580 to 2.11T. MSFT holds the highest valuation in this group at 2.11T. The lowest valued company is NANN at 580.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 5%. For the same Industry, the average monthly price growth was 9%, and the average quarterly price growth was -19%. ICCO experienced the highest price growth at 202%, while QIFTF experienced the biggest fall at -86%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 16%. For the same stocks of the Industry, the average monthly volume growth was -71% and the average quarterly volume growth was -56%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 73
Price Growth Rating: 53
SMR Rating: 70
Profit Risk Rating: 88
Seasonality Score: -3 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

a developer of software based product management and development solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
121 Seaport Boulevard
Phone
+1 781 370-5000
Employees
6243
Web
https://www.ptc.com

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PTC and

Correlation & Price change

A.I.dvisor indicates that over the last year, PTC has been closely correlated with TYL. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTC jumps, then TYL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PTC
1D Price
Change %
PTC100%
-0.46%
TYL - PTC
75%
Closely correlated
+0.90%
ANSS - PTC
71%
Closely correlated
-2.44%
ADSK - PTC
68%
Closely correlated
-0.11%
SNPS - PTC
66%
Closely correlated
+0.54%
INTU - PTC
65%
Loosely correlated
+0.58%
More