PTC

PTC Inc.

$193.35

+0.15% 2026-10-20

Information TechnologyS&P 500

1M 3M 6M 1Y 2Y

PTCSPY

-0.3%

+42.3%

+60.1%

+37.2%

YTD

+11.0%

-6.1%

Live chart

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Grades vs sector

Momentum

14th pct in sector

D-

12-1 return: -29.3%
Percentile within its GICS sector across the S&P 1500.

Growth

4th pct in sector

Revenue growth (YoY): -6.8%
Percentile within its GICS sector across the S&P 1500.

Value

49th pct in sector

C+

Forward E/P: 4.6% · EBITDA/EV: 5.7%
Percentile within its GICS sector across the S&P 1500.

Profitability

88th pct in sector

Profit margin: +41.4% · Return on equity: +35.1%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Top 15

rank 460 of 499 · 12-1 momentum % -23.3

Momentum Blend

not in the current book

New Highs Growth

not ranked (outside this model's universe or screens)

Conviction 20

not in the current book

News

More news

Invesco S&P 500 Equal Weight (RSP) Sells $1.1 Million of Moderna on Monday

GuruFocus.com · 1h ago

Invesco S&P 500 Equal Weight (RSP) Sells Moderna and PTC on Thursday

GuruFocus.com · Oct 19

Key stats

Market cap$21.0B

P/E (trailing)18.8

P/E (forward)21.7

52-week range108.50 – 206.82

Revenue growth (YoY, latest qtr)-6.8%

Dividend yield0.00%

Analyst consensusHold (15)

Mean price target$201.00 (+4%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Leans expensive

Model read-out from the numbers below, not advice. Score -2 (DCF counts double).

▼DCF (base case)below the price by 39%

▼Forward P/E vs sector21.7x vs median 16.9x

▲Piotroski F-score9/9

▲Altman Z5.8 (safe)

▲Net debt / EBITDA1.3x

•Analyst target+4% (15 analysts)

Discounted cash flow

Bear

$70

-64%

growth -2% · disc. 10.2% · term. 2.0%

Base

$119

-39%

growth 3% · disc. 9.2% · term. 2.5%

Bull

$185

-4%

growth 6% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 9% a year for 10 years.

Implied

+9%/yr

FCF, last 3 yrs

+27%/yr

FCF, last 5 yrs

+32%/yr

Revenue, last 3 yrs

+12%/yr

Revenue, last 5 yrs

+13%/yr

Same inputs as the DCF above: trailing free cash flow 0.9B, 9.2% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.99 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)

sector median 35.9× · 18th pct

18.8×
cheaper

Forward P/E

sector median 16.9× · 63rd pct

21.7×
pricier

EV / EBITDA

sector median 20.8× · 46th pct

18.5×
cheaper

Price / sales

sector median 4.6× · 67th pct

7.1×
pricier

Price / book

sector median 5.1× · 57th pct

6.1×
pricier

FCF yield

sector median 3.5% · 62nd pct

4.5%
cheaper

Forward EPS $8.92 vs trailing $10.31 (-14% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$2.4B

as of 2026-06-30

vs a year ago

+5%

YoY

× TTM revenue

0.82×

coverage

24-09

24-12

25-03

25-06

25-09

25-12

26-03

26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

84.5%

Operating margin

37.8%

FCF margin

31.7%

Net margin

41.4%

Return on equity

35.3%

Return on invested capital

17.7%

Net debt / EBITDA

1.3×

Current ratio

1.0×

Interest cover

17.1×

Cash conversion (OCF/NI)

0.8×

Piotroski F-score 9/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✓ Gross margin improved✓ Asset turnover improved

Altman Z-score 5.8 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$201

+4%

Analysts

Hold

Range

$170–$205

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$2.7B	$734.0M	$856.7M
2024	$2.3B	$376.3M	$735.6M
2023	$2.1B	$245.5M	$587.0M
2022	$1.9B	$313.1M	$415.8M
2021	$1.8B	$476.9M	$344.1M
2020	$1.5B	$130.7M	$213.6M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +12.3%.

Earnings

Next report: 2026-11-04 · during market · EPS est 1.96

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-07-29	1.56	1.58	+1.0%
2026-05-06	2.10	2.69	+27.9%
2026-02-04	1.56	1.92	+22.8%
2025-11-05	2.27	3.47	+52.7%
2025-07-30	1.21	1.64	+35.3%
2025-04-30	1.40	1.79	+27.6%
2025-02-05	0.89	1.10	+23.8%
2024-11-06	1.46	1.54	+5.7%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$600.0M	-6.8%
2026-03-31	$774.3M	–
2025-12-31	$685.8M	–
2025-09-30	$893.8M	–
2025-06-30	$643.9M	–

Analyst actions

Citigroup

2026-10-06 · main

Neutral → Neutral
PT $205

Oppenheimer

2026-10-06 · down

Outperform → Perform

Mizuho

2026-10-06 · main

Neutral → Neutral
PT $205

BMO Capital

2026-10-06 · down

Outperform → Market Perform
PT $205

Rosenblatt

2026-10-05 · down

Buy → Neutral
PT $205

Barclays

2026-10-05 · down

Overweight → Equal-Weight
PT $205

Insider trades

Lathan Corinna

Director · 2026-10-05

SELL
$342.6K

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None · None

SELL
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SELL
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SELL
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SELL
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Stats refreshed 2026-10-20 18:14:09 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

coteau

Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.

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