Analyst Ratings For PTC
Portfolio Pulse from Benzinga Insights
PTC (NASDAQ:PTC) has been analyzed by 5 analysts in the last three months, showing a mix of bullish and somewhat bullish ratings with no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for PTC is $207.2, marking a 1.94% increase from the previous target of $203.25. Analyst actions include adjustments to ratings and price targets, reflecting changing market conditions and company performance. PTC's financial performance shows a revenue growth rate of 18.09% as of December 31, 2023, but lags in net margin, ROE, and ROA compared to industry averages. The company's debt-to-equity ratio is higher than the industry average, indicating a higher level of financial risk.
May 02, 2024 | 2:00 pm
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POSITIVE IMPACT
PTC has received mixed analyst ratings but remains predominantly bullish with an updated average 12-month price target of $207.2. The company's strong revenue growth contrasts with its challenges in profitability and financial management.
The positive analyst ratings and increased price target suggest a bullish outlook for PTC in the short term. However, the company's financial challenges, such as lower net margin and higher debt-to-equity ratio, may temper investor enthusiasm. The strong revenue growth indicates potential, but investors should weigh the financial risks.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100