• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 439582 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1419059402 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1419059402 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Parametric Technology Earnings Hindsight: Up 2.1% in Last 17 Days (PMTC)

Published on Sat, 02/09/2013 - 09:13
By Robert Cotter

When Parametric Technology (NASDAQ:PMTC) reported earnings two weeks ago on January 23rd, 2013, analysts, on average, expected the company to report earnings of $0.33 on sales of $320.1 million. Parametric Technology actually reported earnings of $0.36 per share on sales of $319.8 million, beating EPS estimates by $0.03 and matching revenue estimates. Since the company's report, shares of Parametric Technology have risen from $23.28 to $23.77, representing a gain of 2.1% in the past 17 days.

There is potential upside of 13.1% for shares of Parametric Technology based on a current price of $23.77 and an average consensus analyst price target of $26.89. The stock should discover initial support at its 50-day moving average (MA) of $22.57 and subsequent support at its 200-day MA of $21.31.

Parametric Technology share prices have moved between a 52-week high of $28.95 and a 52-week low of $17.62 and closed Thursday at 35% above that low price at $23.77 per share. The 200-day and 50-day moving averages have moved 0.34% higher and 1.76% higher over the past week, respectively.

Parametric Technology Corporation develops, markets, and supports integrated product development and processes lifecycle management solutions. The Company's software solutions are used worldwide.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of Wells Fargo Rise to a New 52-W...

Wells Fargo (NYSE:WFC) traded at a new 52-week high today of $55.42. Approximately 20. ...

Watch for Continued Gains in Shares of W...

Wisconsin Energy (NYSE:WEC) traded today at a new 52-week high of $52.50. So far today ...

Recent 52-Week High Exceeded in Shares o...

Shares of Western Digital (NYSE:WDC) traded today at $114.69, breaking its 52-week high ...

WellCare Health Plans: The Winning Strea...

Shares of WellCare Health Plans (NYSE:WCG) traded at a new 52-week high today of $80.95 ...

Vertex Pharmaceuticals Looks to Continue...

Vertex Pharmaceuticals (NASDAQ:VRTX) traded at a new 52-week high today of $123.82. Th ...

Shares of Vornado Realty Trust Rise Abov...

Shares of Vornado Realty Trust (NYSE:VNO) traded today at $117.37, breaking its 52-week ...

US Bancorp Looks to Continue to Trade Ab...

Shares of US Bancorp (NYSE:USB) traded today at $45.54, breaking its 52-week high. So ...

United Parcel Service Looks to Continue ...

United Parcel Service (NYSE:UPS) traded today at a new 52-week high of $111.99. So far ...