How to Buy Ptc Stock
Ptc Inc
PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services.
Ptc stock last closed at $123.17, up 1.21% from the previous day, and has increased 14.1% in one year. It has overperformed other stocks in the Software - Application industry by 0.42 percentage points. Ptc stock is currently +27.57% from its 52-week low of $96.55, and -11.96% from its 52-week high of $139.91.
There are currently 118.26M shares of PTC outstanding. The market capitalization of PTC is $14.57B. In the past 24 hours, 777,298 PTC shares were traded.
How to Buy Ptc Stock
Wondering how to invest in Ptc stock? Here's how.
- Decide where to buy Ptc stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Ptc stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Analyze Ptc stock: The Ptc ticker symbol is PTC. Is Ptc stock a good investment? Should you buy shares of PTC? How do PTC's underlying business fundamentals look? Do top analysts think Ptc is a good buy? Why has PTC's stock price moved recently? (Hint: Our stock research website can help you understand if PTC is a good stock to buy).
- Place your PTC purchase: Decide if you will purchase PTC shares at the current market price or use a limit order to buy PTC stock at a particular price.
- Get updates on your PTC investment: Create a watchlist to important notifications about your new investment in Ptc shares.
Step 1: Decide where to buy Ptc stock
You need an online brokerage account to access the NASDAQ market and buy PTC shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to buy PTC stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Enter your personal info to start your new trading account.
- Send your details by clicking the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the best stock app to use, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Analyze Ptc stock
After you have decided on the best place to buy Ptc stock, it's absolutely critical to evaluate their stock prior to buying, so you truly understand the risk as well as the opportunity.
Ptc stock at a glance
PTC Overview
WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PTC's stock page.
Is PTC stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PTC's true value.
Using relative valuations methods:
- PTC could be undervalued based on its P/E ratio of 42.18x, relative to Software - Application industry P/E ratio of 155.99x
- PTC could be overvalued based on its P/B ratio of 6.07x, relative to Software - Application industry P/B ratio of 5.06x
- PTC could be undervalued based on its PEG ratio of 0.91x
You can do additional valuation analysis on PTC's stock here.
PTC Financial Health Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the PTC balance sheet.
- PTC's operating cash flow of $478.51M allows it to safely service it's debt of $1.55B.
- Total PTC debt is lower than 5 years ago, relative to shareholder equity.
- PTC earnings of $485.79M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- PTC has a relatively high debt to equity ratio of 1.
- PTC profit margin has gone down from 27.2% to 17.6% in the past year.
- There are more long-term liabilities than short-term assets on the PTC balance sheet.
Is PTC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Equities analysts who track PTC, the consensus analyst rating on PTC is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent PTC Analyst Upgrades/Downgrades
Yun Kim, a top 8% analyst from Loop Capital maintains PTC with a strong buy rating and raises their PTC price target from $160.00 to $170.00, on Feb 2, 2023.
Stephen Tusa, a top 13% analyst from JP Morgan maintains PTC with a hold rating and raises their PTC price target from $128.00 to $130.00, on Feb 2, 2023.
Matthew Broome, a bottom 13% analyst from Mizuho maintains PTC with a strong buy rating and raises their PTC price target from $155.00 to $165.00, on Feb 2, 2023.
Saket Kalia, a top 13% analyst from Barclays maintains PTC with a strong buy rating and raises their PTC price target from $144.00 to $150.00, on Feb 2, 2023.
Blair Abernethy, a bottom 7% analyst from Rosenblatt maintains PTC with a strong buy rating and raises their PTC price target from $142.00 to $148.00, on Feb 2, 2023.
You can dive deeper into what analysts are forecasting on the Ptc stock forecast page.
PTC Technicals
Is PTC Growing Revenue?
Last year, PTC earnings were $342.03M. During the past 5 year, PTC's earnings have grown by 63.49% per year. This was faster than the Software - Application industry average of -0.15%.
Last year, PTC revenue was $1.94B. Over the past 5 year, PTC's revenue has grown by 10.39% per year. This was slower than the Software - Application industry average of 35.61%.
Dig into PTC's earnings and revenue performance here.
Who is buying/selling PTC?
Over the past 12 months, insiders at PTC have sold more shares than they have bought.
Blake D. Moret, Director of PTC, was the latest PTC insider to sell. They sold $893,242.24 worth of PTC stock on Mar 9, 2023.
Learn more about who owns PTC shares here.
Can I rely on PTC as an income stream?
No, Ptc doesn't provide an income stream by paying out dividends.
What do other investors have to say about PTC?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your PTC purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PTC investment
Now that you own some shares in PTC, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to keep track of your PTC stock.
PTC Feed
How to Buy Stock in Ptc
To summarize, here are the 6 steps to buy stock in Ptc:
- Decide where to buy Ptc stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze Ptc stock
- Place your PTC purchase
- Get updates on your PTC investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Ptc, get started below.
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