Stratasys, Ltd. (NASDAQ:SSYS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Stratasys, Ltd. (NASDAQ:SSYSGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $12.3333.

Several analysts have weighed in on SSYS shares. Needham & Company LLC lowered their price target on Stratasys from $12.00 to $11.50 and set a “buy” rating on the stock in a report on Thursday, March 5th. Weiss Ratings raised Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 21st. Finally, Craig Hallum lowered their price target on Stratasys from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, March 6th.

Read Our Latest Report on SSYS

Stratasys Stock Down 0.9%

NASDAQ:SSYS opened at $8.92 on Friday. The business’s 50-day moving average price is $8.81 and its two-hundred day moving average price is $9.28. Stratasys has a twelve month low of $7.34 and a twelve month high of $12.81. The stock has a market cap of $768.64 million, a P/E ratio of -6.61 and a beta of 1.90.

Stratasys (NASDAQ:SSYSGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The technology company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.01. Stratasys had a negative return on equity of 1.73% and a negative net margin of 21.00%.The firm had revenue of $132.70 million for the quarter, compared to analysts’ expectations of $131.82 million. During the same quarter last year, the firm posted $0.04 EPS. The company’s revenue was down 2.5% compared to the same quarter last year. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. On average, equities research analysts expect that Stratasys will post -0.17 EPS for the current fiscal year.

Institutional Trading of Stratasys

Several institutional investors and hedge funds have recently modified their holdings of SSYS. State Street Corp raised its holdings in shares of Stratasys by 998.4% in the 4th quarter. State Street Corp now owns 1,567,080 shares of the technology company’s stock valued at $13,602,000 after acquiring an additional 1,424,415 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Stratasys during the 1st quarter valued at about $11,107,000. Capital World Investors bought a new stake in Stratasys in the 3rd quarter worth approximately $15,204,000. Rubric Capital Management LP lifted its position in Stratasys by 18.3% in the 2nd quarter. Rubric Capital Management LP now owns 7,803,097 shares of the technology company’s stock worth $89,502,000 after buying an additional 1,205,764 shares during the last quarter. Finally, State of Michigan Retirement System bought a new stake in Stratasys in the 1st quarter worth approximately $3,905,000. Hedge funds and other institutional investors own 75.77% of the company’s stock.

Stratasys Company Profile

(Get Free Report)

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.

Read More

Analyst Recommendations for Stratasys (NASDAQ:SSYS)

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.