PTC Stock Climbs 35% On A 5-Day Winning Streak
PTC stock has risen for 5 consecutive trading days, gaining 35.0% over that stretch. That added about $5.8 billion to the company’s market value, which now stands at about $22.3 billion. The stock closed at $194.45 on Friday, October 9, 5.5% below its 52-week high of $205.87 and 73.1% above its low of $112.33.
PTC Versus The S&P 500
Returns for PTC and the S&P 500 over the streak and the periods around it, all ending Friday, October 9 and including dividends:
| Return Period | PTC | S&P 500 |
|---|---|---|
| 1 Day | 0.4% | 0.6% |
| 5 Days (Current Streak) | 35.0% | 1.2% |
| 1 Month (21 Trading Days) | 51.1% | 3.0% |
| 3 Months (63 Trading Days) | 55.0% | 4.2% |
| Year To Date | 11.6% | 15.1% |
| 1 Year (252 Trading Days) | -4.4% | 17.0% |
How The Streak Compares With The Market
Over the same 5 trading days, the S&P 500 returned +1.2% including dividends, so the run is mostly PTC’s own story rather than the market’s. 30 other S&P 500 stocks are currently on winning streaks of 5 days or longer. Over the past three months the stock is up 55.0%, a window that includes the streak; over the other 58 sessions of that window it was up 14.8%.
Is The Business Keeping Up With The Stock?
On the fundamentals, revenue grew 19.5% over the last twelve months, against a median of 17.9% for S&P 500 Information Technology stocks; its operating margin is 38.2%, versus a median of 21.6%; and the stock trades at 18.2 times trailing earnings against a median of 37.5. On these numbers the run has substance behind it: revenue growth above the median, margins above the median and a multiple below the median.
A climb like this is worth respecting, and worth testing. Our Guidance Momentum screen tracks the stocks whose companies just raised their own forward numbers.
Momentum Is A Tailwind, Not A Plan
Riding a stock that rises every day feels effortless, and that is precisely the danger: the same momentum that built this run can reverse without notice, and one name’s reversal should never be able to reset your whole year.
That is what the Trefis High Quality (HQ) Portfolio is for: about 30 quality businesses screened for the fundamentals that survive momentum’s mood swings, held with rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Watch the runs; own the resilience.