PTC Therapeutics Inc (PTCT) saw downtrend of -2.82% in the recent trading with $75.4 being its most recent. The current price level -13.83% lower than the highest price of $87.50 marked by the stock while trading over the past 52-weeks, whereas it is 109.74% higher than the lowest price of $35.95 the company dropped to over past 52-weeks. The latest news story on PTCT appeared in (PR Newswire) under the title “PTC Therapeutics Provides Update at J.P. Morgan Annual Healthcare Conference”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.
PTC Therapeutics Inc Earnings – What Happened With PTCT
Coming around sales and income figures on PTCT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. PTC Therapeutics Inc (PTCT) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 47.45% for net revenue.
PTCT – PTC Therapeutics Inc Stock Earnings Estimates
The perspective of PTC Therapeutics Inc (NASDAQ:PTCT)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.65 for stock’s EPS in the current quarter. PTC Therapeutics Inc (PTCT) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 47.45% for net revenue. Company’s EPS for the last quarter was -0.34.
PTC Therapeutics Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 79.93 million. PTCT does have institutional investors; and they hold 103.79% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in PTC Therapeutics Inc (NASDAQ:PTCT) with an ownership of 8.97 million shares of the company or 11.696 of the stake worth $274.42 million. The filing also reveals WELLINGTON MANAGEMENT GROUP LLP as the second largest holder in the company with a control over 10.6987 of the outstanding shares. Its stake is worth $251.02 million for having 8.21 million shares in hand.
BLACKROCK INC. also came holding a key position in the company during the recent quarter and it now holds 10.1299 of the outstanding shares. With this there are now 441.0 institutions which have possession in PTCT’s shares.
