Barclays analyst Saket Kalia maintains $PTC Inc (PTC.US)$ with a buy rating, and maintains the target price at $215.
According to TipRanks data, the analyst has a success rate of 62.4% and a total average return of 13.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $PTC Inc (PTC.US)$'s main analysts recently are as follows:
The company reported a strong Q4, with annual recurring revenue closely aligning with expectations and free cash flow exceeding consensus. The guidance provided by the company is viewed as cautious, considering potential disruptions, yet there exists a potential for annual recurring revenue estimates to increase as the year progresses.
The firm expressed confidence that management anticipates no disruptions, and even with provisions for potential disruptions, they expect to continue the pattern of outperforming and upgrading forecasts based on the current guidance of +9-10% growth.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
