MALVERN, Pa., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of insulated, surface-mount inrush current limiting positive temperature coefficient (PTC) thermistors. Designed to increase board-level efficiency and lower costs in automotive and industrial applications, Vishay BCcomponents PTCES series devices combine maximum energy handling to 340 J with high maximum voltages of 1200 VDC in a compact package. Compared to competing devices, the PTC ther ...

Core Insights - PTC has appointed James Lico to its Board of Directors, effective October 13, 2025, bringing extensive experience in industrial technology and business transformation [1][2][3]. Company Overview - PTC is a global software company focused on enabling digital transformation for industrial and manufacturing sectors, headquartered in Boston, Massachusetts, with over 7,000 employees and more than 30,000 customers worldwide [5]. Leadership Experience - James Lico previously served as President and CEO of Fortive Corporation, where he led significant growth, increasing annual revenue to over $6 billion and overseeing the separation of its Precision Technologies segment [2][3]. - Lico has nearly two decades of experience at Danaher in senior leadership roles, managing global businesses in test and measurement and industrial technologies [3]. Board Contributions - Lico will serve on the Corporate Governance Committee of the PTC Board, contributing his expertise in driving growth and transformation in technology companies [4][3].

Core Points - PTC is scheduled to release its fiscal 2025 fourth quarter and full year results on November 5, 2025, after the stock market closes [1] - A live webcast and conference call will be held on the same day at 5pm Eastern Time to review the results [1][2] - The earnings press release, presentation, and financial data will be available on the Investor Relations section of PTC's website prior to the conference call [1] Company Overview - PTC is a global software company that facilitates digital transformation for manufacturers and product companies [3] - The company is headquartered in Boston, Massachusetts, and employs over 7,000 people [3] - PTC supports more than 30,000 customers worldwide [3]

Core Insights - PTC has launched new AI offerings in its ServiceMax and Servigistics solutions to enhance service lifecycle management [1][2] - The advancements in AI aim to improve efficiency in field service management and service supply chain optimization [1][3] ServiceMax Enhancements - The latest ServiceMax AI features include orchestrated multi-agent execution, AI-driven process automation, and a new Knowledge API for document connectivity [2][3] - These enhancements are designed to streamline workflows for various roles within service organizations, improving work order execution and parts queries [2][6] Servigistics Advancements - Servigistics has strengthened its AI capabilities, focusing on troubleshooting, root-cause analysis, and continuous improvement in service parts planning [3][4] - A new AI Assistant will be available in October 2025, aimed at improving forecast accuracy and accelerating planning cycles [3][4] Industry Context - Organizations face pressure to maintain equipment functionality and customer satisfaction while managing costs [4] - AI-powered capabilities from Servigistics enable faster, smarter decision-making, leading to reduced manual effort and improved service performance [4][6] PTC's Broader AI Portfolio - The new SLM AI solutions are part of PTC's extensive AI offerings across the Intelligent Product Lifecycle, which includes various AI tools for product data management [4][5] - PTC supports manufacturers in leveraging product data to enhance efficiency, reduce costs, and improve product quality [4][5]

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, which can lead to solid returns, but identifying such stocks is challenging due to their inherent risks and volatility [1] Group 1: Company Overview - PTC Inc. is currently recommended as a strong growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 13.8%, with projected EPS growth of 33.5% this year, significantly outperforming the industry average of 12% [4] Group 2: Financial Metrics - PTC Inc. exhibits year-over-year cash flow growth of 18.6%, surpassing the industry average of 8.9% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 25.7%, compared to the industry average of 10.5% [6] Group 3: Earnings Estimates - There have been upward revisions in current-year earnings estimates for PTC Inc., with the Zacks Consensus Estimate increasing by 0.1% over the past month [8] - The combination of a Growth Score of B and a Zacks Rank 1 positions PTC Inc. well for potential outperformance, making it an attractive option for growth investors [10]

Core Insights - PTC Inc. has launched the Arena AI Assistant, an AI-powered guide integrated into its Arena product lifecycle management (PLM) and quality management system (QMS) platforms [1][10] - The AI Assistant aims to accelerate time to value by providing real-time, context-aware expertise through a conversational interface [2] - PTC's go-to-market realignment is a key strategy for fiscal 2025, focusing on optimizing sales and marketing to enhance customer value and capture new opportunities [6][7] Product Developments - The Arena AI Assistant features a conversational interface that allows users to interact in natural language, supporting various processes such as bill of material reviews and compliance tracking [3] - PTC also introduced Arena Supply Chain Intelligence (SCI), an AI-driven solution that monitors supply chain conditions and offers real-time insights [4] - The Onshape-Arena Connection facilitates seamless management of release and change processes across CAD and PLM environments, enhancing collaboration [5] Market Position and Performance - PTC's fiscal third-quarter results indicate progress in its go-to-market transformation, with improved pipeline creation and win rates [6][7] - The company currently holds a Zacks Rank 1 (Strong Buy), with shares gaining 17.2% over the past year, slightly below the industry growth of 18.2% [9]

Company Overview - PTC Inc. is a Boston-based company that develops technology solutions, including software and services, for discrete manufacturers to design, operate, and maintain complex products, with a market cap of $24.6 billion [1][2] Market Position - PTC is classified as a large-cap stock, highlighting its size and influence in the software application industry, with strong market position and technological expertise driven by its PLM and CAD solutions [2] Stock Performance - PTC's stock has experienced a 7.2% decline from its 52-week high of $219.69, reached on July 31, but has gained 21.8% over the past three months, outperforming the S&P 500 Index's 10.3% gains [3] - Year-to-date, PTC shares have risen 10.9% and 16.1% over the past 52 weeks, although this is below the S&P 500's YTD gains of 12.2% and 17.1% over the last year [4] Recent Financial Results - In Q3, PTC reported an adjusted EPS of $1.64, surpassing Wall Street expectations of $1.22, and revenue of $643.9 million, exceeding forecasts of $582.4 million [5] - The company anticipates full-year adjusted EPS between $6.63 and $7.03, with revenue expected to range from $2.57 billion to $2.63 billion [5] Competitive Landscape - ANSYS, Inc. has shown resilience with an 11% YTD increase, but has lagged behind PTC with 13.3% returns over the past 52 weeks [6] - Wall Street analysts maintain a bullish outlook on PTC, with a consensus "Strong Buy" rating and a mean price target of $226.61, indicating a potential upside of 11.1% from current levels [6]

Core Insights - PTC has launched the Arena AI Assistant, an AI-driven tool designed to enhance productivity in product lifecycle management (PLM) and quality management system (QMS) workflows, providing real-time, context-aware expertise [1][2] Group 1: Arena AI Assistant Features - The Arena AI Assistant offers a conversational interface that helps users navigate engineering change orders, manage corrective and preventive actions (CAPAs), and maintain compliance [1][2] - It is designed to assist both new and experienced users, facilitating onboarding and addressing complex engineering challenges [2][6] - The assistant is available in more than 15 languages, supporting global engineering teams [7] Group 2: Supply Chain Enhancements - The release includes new features for Arena Supply Chain Intelligence (SCI), which monitors emerging risks in supply chains and integrates AI-driven insights into product development workflows [3] - The Onshape-Arena Connection feature allows mechanical engineers to manage the release and change management processes between CAD and PLM systems, streamlining collaboration with supply chain partners [3] Group 3: Company Overview - PTC is a global software company headquartered in Boston, employing over 7,000 people and serving more than 30,000 customers worldwide [4]

Industry Overview - The Zacks Computer Software industry is positioned to benefit from global digital transformation, with a shift to cloud and SaaS models providing recurring revenue visibility and flexibility for users [1] - The industry is experiencing growth driven by the integration of AI and ML technologies into various applications [1] Market Trends - The global software market is projected to grow at a CAGR of 11.3% from 2025 to 2030, reaching $1,397.31 billion [2] - Increased spending on AI and cloud technologies is expected to enhance the industry's prospects, with a focus on automation, personalization, and predictive analytics [4] - Cloud computing is becoming a dominant force, with businesses adopting hybrid and multi-cloud environments for flexibility and scalability [5] - The demand for cybersecurity software is rising due to increased cyberattacks, leading to a focus on performance management monitoring tools [6] Macroeconomic Factors - Global macroeconomic weakness and supply chain volatility are concerns for the industry, with inflation potentially affecting spending among small and medium-sized businesses [7] - Worldwide IT spending is projected to reach $5.43 trillion in 2025, reflecting a 7.9% increase from 2024, which is lower than previous forecasts [7] Industry Performance - The Zacks Computer Software industry has underperformed compared to the broader Zacks Computer and Technology sector and the S&P 500 Index over the past year, gaining 18.2% compared to 18.8% and 30% respectively [11] Valuation Metrics - The industry is currently trading at a forward 12-month P/E ratio of 33.11X, higher than the S&P 500's 23.24X and the sector's 28.69X [14] Company Highlights - **Manhattan Associates (MANH)**: Reported a 22% increase in cloud revenues for Q2 2025, with total revenues up 2.7% year over year. The Zacks Consensus Estimate for 2025 earnings is $4.81 per share, indicating 1.9% growth [18][20][19] - **PTC Inc (PTC)**: Focused on AI strategy with positive customer feedback and a Zacks Consensus Estimate for fiscal 2025 earnings at $6.69 per share, indicating 31.7% growth [23][26] - **Microsoft Corporation (MSFT)**: Achieved total revenue of $281.7 billion in fiscal 2025, with AI business revenue exceeding $13 billion, growing 175% year over year. The Zacks Consensus Estimate for fiscal 2026 earnings is $15.35 per share, indicating 12.5% growth [33][34]

Core Insights - The presentation features PTC's CEO Neil Barua and CFO Kristian Talvitie discussing the company's performance and customer engagement strategies [1] Company Overview - Neil Barua, as the new CEO, prioritized meeting with customers globally to gather insights and feedback on PTC's offerings [1] - The focus on customer interaction is aimed at understanding market needs and enhancing product development [1] Customer Engagement - Barua's travels and discussions with customers revealed surprising takeaways that could influence PTC's strategic direction [1] - The emphasis on customer feedback is expected to drive improvements in PTC's services and solutions [1]