Stratasys Sees Unusually High Options Volume (NASDAQ:SSYS)

Stratasys, Ltd. (NASDAQ:SSYS) was the target of some unusual options trading on Monday. Traders bought 16,883 call options on the company. This represents an increase of 472% compared to the typical volume of 2,950 call options.

Analyst Ratings Changes

SSYS has been the subject of a number of recent analyst reports. Needham & Company LLC cut their price objective on Stratasys from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, August 13th. Wall Street Zen downgraded Stratasys from a “buy” rating to a “hold” rating in a research note on Sunday, August 17th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.33.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SSYS. Janney Montgomery Scott LLC acquired a new position in Stratasys during the first quarter worth approximately $498,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Stratasys during the first quarter worth approximately $1,892,000. Brown Advisory Inc. purchased a new position in shares of Stratasys in the 1st quarter valued at approximately $369,000. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Stratasys by 84.7% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,130,983 shares of the technology company’s stock valued at $20,862,000 after purchasing an additional 977,403 shares during the last quarter. Finally, Royce & Associates LP grew its stake in shares of Stratasys by 236.6% in the 1st quarter. Royce & Associates LP now owns 555,420 shares of the technology company’s stock valued at $5,438,000 after purchasing an additional 390,420 shares during the last quarter. Institutional investors and hedge funds own 75.77% of the company’s stock.

Stratasys Stock Performance

Shares of NASDAQ SSYS opened at $12.35 on Wednesday. Stratasys has a fifty-two week low of $6.92 and a fifty-two week high of $12.88. The firm has a market capitalization of $1.05 billion, a PE ratio of -9.22 and a beta of 1.59. The stock’s 50-day simple moving average is $10.76 and its 200-day simple moving average is $10.57.

Stratasys (NASDAQ:SSYS) last issued its earnings results on Wednesday, August 13th. The technology company reported $0.03 earnings per share for the quarter, hitting the consensus estimate of $0.03. Stratasys had a negative return on equity of 1.06% and a negative net margin of 17.42%.The business had revenue of $138.09 million for the quarter, compared to analyst estimates of $137.15 million. During the same quarter last year, the company earned ($0.04) EPS. The business’s quarterly revenue was up .1% on a year-over-year basis. Stratasys has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that Stratasys will post -0.4 earnings per share for the current fiscal year.

Stratasys Company Profile

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.