Stratasys, Ltd. (NASDAQ:SSYS)‘s stock had its “hold” rating reissued by equities research analysts at KeyCorp in a note issued to investors on Friday, October 27th.
Other equities analysts have also recently issued reports about the company. Loop Capital started coverage on Stratasys in a report on Monday, July 24th. They issued a “hold” rating and a $24.00 target price on the stock. Cowen and Company reissued a “market perform” rating and set a $23.00 price target (down from $27.00) on shares of Stratasys in a report on Thursday, August 10th. BidaskClub cut Stratasys from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Susquehanna Bancshares Inc started coverage on Stratasys in a report on Thursday, July 13th. They set a “neutral” rating and a $22.00 price target on the stock. Finally, Deutsche Bank AG decreased their price target on Stratasys from $31.00 to $25.00 and set a “hold” rating on the stock in a report on Thursday, August 10th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $24.24.
Stratasys (NASDAQ SSYS) opened at $20.98 on Friday. Stratasys has a twelve month low of $16.37 and a twelve month high of $30.88. The company has a market capitalization of $1,060.00, a price-to-earnings ratio of 292.14, a P/E/G ratio of 17.04 and a beta of 1.40. The company has a quick ratio of 2.65, a current ratio of 3.32 and a debt-to-equity ratio of 0.02.
Stratasys (NASDAQ:SSYS) last announced its earnings results on Monday, November 13th. The technology company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.04. Stratasys had a positive return on equity of 0.29% and a negative net margin of 8.33%. The company had revenue of $155.90 million for the quarter, compared to analysts’ expectations of $160.97 million. Stratasys’s quarterly revenue was down .8% on a year-over-year basis. analysts anticipate that Stratasys will post 0.06 earnings per share for the current year.
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Several institutional investors have recently bought and sold shares of the company. Vident Investment Advisory LLC raised its stake in shares of Stratasys by 71.9% during the third quarter. Vident Investment Advisory LLC now owns 542,814 shares of the technology company’s stock valued at $12,550,000 after acquiring an additional 227,087 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Stratasys by 280.2% during the third quarter. Alyeska Investment Group L.P. now owns 855,447 shares of the technology company’s stock valued at $19,778,000 after acquiring an additional 630,447 shares in the last quarter. Royce & Associates LP raised its stake in shares of Stratasys by 5.4% during the third quarter. Royce & Associates LP now owns 486,046 shares of the technology company’s stock valued at $11,237,000 after acquiring an additional 25,000 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in shares of Stratasys by 20.9% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 86,102 shares of the technology company’s stock valued at $1,991,000 after acquiring an additional 14,877 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Stratasys by 46.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,795,494 shares of the technology company’s stock valued at $41,511,000 after acquiring an additional 566,704 shares in the last quarter. 65.84% of the stock is owned by hedge funds and other institutional investors.
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.
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