Shares of Stratasys, Ltd. (NASDAQ:SSYS – Get Free Report) have been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $12.33.
Several equities analysts recently commented on SSYS shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stratasys in a research note on Tuesday, August 18th. Zacks Research cut shares of Stratasys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th.
Get Our Latest Analysis on Stratasys
Stratasys Stock Performance
Stratasys (NASDAQ:SSYS – Get Free Report) last issued its quarterly earnings data on Wednesday, July 1st. The technology company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $137.61 million for the quarter. Stratasys had a negative return on equity of 1.77% and a negative net margin of 21.05%. On average, sell-side analysts predict that Stratasys will post -0.19 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in SSYS. Segall Bryant & Hamill LLC purchased a new stake in shares of Stratasys in the first quarter worth $11,107,000. Rubric Capital Management LP increased its stake in Stratasys by 9.0% in the 1st quarter. Rubric Capital Management LP now owns 8,000,000 shares of the technology company’s stock worth $62,480,000 after acquiring an additional 659,974 shares during the last quarter. State of Michigan Retirement System bought a new position in Stratasys in the 1st quarter worth about $3,905,000. Penn Capital Management Company LLC raised its holdings in shares of Stratasys by 74.7% in the 4th quarter. Penn Capital Management Company LLC now owns 334,760 shares of the technology company’s stock valued at $2,906,000 after acquiring an additional 143,182 shares in the last quarter. Finally, Monaco Asset Management SAM purchased a new stake in shares of Stratasys in the 4th quarter valued at about $998,000. Institutional investors own 75.77% of the company’s stock.
Stratasys Company Profile
Stratasys Ltd. is an additive manufacturing company that develops and supplies 3D printing systems, materials, software and related services for industrial, medical, educational and consumer applications. Its technologies are designed to produce prototypes, tooling, production parts and customized products directly from digital designs.
The company’s product portfolio includes polymer-based 3D printers using technologies such as Fused Deposition Modeling, PolyJet and stereolithography.
Read More
- Five stocks we like better than Stratasys
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
Receive News & Ratings for Stratasys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratasys and related companies with MarketBeat.com's FREE daily email newsletter.
