Stratasys, Ltd. (SSYS) Receives Average Rating of “Hold” from Analysts

Stratasys, Ltd. (NASDAQ:SSYS) has been assigned a consensus rating of “Hold” from the twenty brokerages that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $24.65.

SSYS has been the topic of a number of research reports. UBS Group raised shares of Stratasys from a “neutral” rating to a “positive” rating in a research report on Friday, October 20th. BidaskClub raised shares of Stratasys from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Zacks Investment Research lowered shares of Stratasys from a “buy” rating to a “hold” rating and set a $24.00 target price on the stock. in a research report on Friday, January 5th. Citigroup set a $29.00 target price on shares of Stratasys and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, B. Riley reaffirmed a “hold” rating and set a $30.00 target price on shares of Stratasys in a research report on Wednesday, November 15th.

A number of institutional investors and hedge funds have recently bought and sold shares of SSYS. Ameritas Investment Partners Inc. boosted its stake in Stratasys by 11.7% during the second quarter. Ameritas Investment Partners Inc. now owns 4,388 shares of the technology company’s stock worth $102,000 after buying an additional 458 shares in the last quarter. Advisor Group Inc. boosted its stake in Stratasys by 6.8% during the second quarter. Advisor Group Inc. now owns 8,254 shares of the technology company’s stock worth $193,000 after buying an additional 528 shares in the last quarter. Chicago Equity Partners LLC acquired a new stake in Stratasys during the third quarter worth $214,000. Nomura Holdings Inc. acquired a new stake in Stratasys during the second quarter worth $227,000. Finally, Thompson Investment Management Inc. acquired a new stake in Stratasys during the third quarter worth $245,000. Hedge funds and other institutional investors own 71.02% of the company’s stock.

Stratasys (NASDAQ:SSYS) traded down $1.15 during trading hours on Tuesday, hitting $20.21. 627,601 shares of the stock were exchanged, compared to its average volume of 614,871. Stratasys has a 12 month low of $18.04 and a 12 month high of $30.88. The company has a market capitalization of $1,080.00, a price-to-earnings ratio of -19.07, a price-to-earnings-growth ratio of 3.67 and a beta of 1.49. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.82 and a current ratio of 3.58.

Stratasys (NASDAQ:SSYS) last released its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.04. Stratasys had a negative net margin of 6.74% and a positive return on equity of 0.62%. The company had revenue of $155.90 million for the quarter, compared to analyst estimates of $160.97 million. The business’s quarterly revenue was down .8% on a year-over-year basis. research analysts expect that Stratasys will post 0.17 EPS for the current fiscal year.

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Stratasys Company Profile

Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.

Analyst Recommendations for Stratasys (NASDAQ:SSYS)

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