PTC

PTC Inc

TMT


Presented:10/18/2017
Price:$60.64
Cap:$7.01B
Current Price:$184.01
Cap:$22.11B

Presented

Date10/18/2017
Price$60.64
Market Cap$7.01B
Ent Value$6.80B
P/E RatioN/A
Book Value$7.24
Div Yield0%
Shares O/S115.62M
Ave Daily Vol1,059,000
Short Int4.53%

Current

Price$184.01
Market Cap$22.11B
PTC, Inc. develops and provides software-based product management and development solutions. It operates through the following segments: Solutions Group, IoT Group and Professional Services. The Solutions Group segment includes license, subscription, support and cloud services revenue for core CAD, PLM and SLM products. The IoT Group segment includes license, subscription, support and cloud services revenue for IoT, analytics and augmented reality solutions. The Professional Services segment includes consulting, implementation and training revenue. The company was founded in 1985 and is headquartered in Needham, MA.

Publicly traded companies mentioned herein: PTC Inc (PTC)

Highlights

The presenter is long shares of PTC, seeing an attractive entry point following uncertainty around the stock in response to what he views as transient issues that impacted Q3 2017 results. He believes that as PTC continues its transition from a licensing and maintenance model into a subscription model, operating margins and earnings will see meaningful expansion. He targets $100 for PTC shares in 3 years, from $60 today.

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Idea Discussion

Commentor 1 - 2 weeks ago

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