Stratasys (NASDAQ:SSYS) Earns “Sell (D-)” Rating from Weiss Ratings

Stratasys (NASDAQ:SSYS)‘s stock had its “sell (d-)” rating reaffirmed by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Saturday,Weiss Ratings reports.

Several other research firms have also commented on SSYS. Wall Street Zen lowered shares of Stratasys from a “buy” rating to a “hold” rating in a research note on Sunday, August 17th. Needham & Company LLC dropped their price target on shares of Stratasys from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Stratasys currently has an average rating of “Moderate Buy” and a consensus price target of $14.33.

Stratasys Trading Up 1.8%

SSYS opened at $11.99 on Friday. The firm has a market cap of $1.02 billion, a P/E ratio of -8.95 and a beta of 1.59. Stratasys has a 12 month low of $6.92 and a 12 month high of $12.88. The stock has a 50-day moving average of $10.88 and a 200 day moving average of $10.64.

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

Institutional Investors Weigh In On Stratasys

Several large investors have recently added to or reduced their stakes in SSYS. Inspire Investing LLC purchased a new stake in shares of Stratasys in the first quarter valued at approximately $345,000. Brown Advisory Inc. purchased a new stake in shares of Stratasys in the 1st quarter worth $369,000. Trexquant Investment LP purchased a new stake in shares of Stratasys in the 1st quarter worth $1,213,000. Janney Montgomery Scott LLC purchased a new stake in shares of Stratasys in the 1st quarter worth $498,000. Finally, Neuberger Berman Group LLC lifted its holdings in shares of Stratasys by 2.4% in the 1st quarter. Neuberger Berman Group LLC now owns 4,592,824 shares of the technology company’s stock worth $45,082,000 after buying an additional 109,331 shares during the period. 75.77% of the stock is owned by hedge funds and other institutional investors.

About Stratasys

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.