Stratasys Ltd. (NASDAQ:SSYS - Free Report) - Stock analysts at Cantor Fitzgerald lowered their FY2025 EPS estimates for Stratasys in a research report issued on Thursday, March 6th. Cantor Fitzgerald analyst T. Jensen now expects that the technology company will earn ($0.11) per share for the year, down from their previous estimate of ($0.04). Cantor Fitzgerald currently has a "Overweight" rating and a $15.00 price objective on the stock. The consensus estimate for Stratasys' current full-year earnings is ($0.40) per share.
Stratasys (NASDAQ:SSYS - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The technology company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. Stratasys had a negative return on equity of 3.75% and a negative net margin of 16.13%. The company had revenue of $150.40 million during the quarter, compared to analysts' expectations of $151.01 million. During the same quarter in the previous year, the firm posted $0.02 EPS. The firm's revenue was down 3.8% compared to the same quarter last year.
A number of other brokerages also recently issued reports on SSYS. StockNews.com downgraded Stratasys from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Needham & Company LLC raised their price target on shares of Stratasys from $12.00 to $13.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Craig Hallum lifted their price target on Stratasys from $12.00 to $15.00 and gave the stock a "buy" rating in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $12.20.
View Our Latest Stock Report on SSYS
Stratasys Price Performance
NASDAQ:SSYS traded down $0.32 during trading hours on Monday, reaching $9.51. The company had a trading volume of 647,951 shares, compared to its average volume of 568,940. The firm has a market cap of $678.80 million, a PE ratio of -7.20 and a beta of 1.28. The business's 50 day moving average price is $10.25 and its 200-day moving average price is $8.93. Stratasys has a 1-year low of $6.05 and a 1-year high of $12.88.
Institutional Trading of Stratasys
Institutional investors have recently added to or reduced their stakes in the stock. Stifel Financial Corp raised its holdings in shares of Stratasys by 24.7% in the 3rd quarter. Stifel Financial Corp now owns 23,206 shares of the technology company's stock valued at $193,000 after buying an additional 4,600 shares during the period. RPG Investment Advisory LLC grew its position in Stratasys by 29.6% in the 3rd quarter. RPG Investment Advisory LLC now owns 659,996 shares of the technology company's stock valued at $5,485,000 after acquiring an additional 150,891 shares in the last quarter. Geode Capital Management LLC increased its stake in Stratasys by 42.2% during the third quarter. Geode Capital Management LLC now owns 67,398 shares of the technology company's stock worth $560,000 after purchasing an additional 20,012 shares during the period. Barclays PLC lifted its position in shares of Stratasys by 1.9% during the third quarter. Barclays PLC now owns 80,454 shares of the technology company's stock worth $669,000 after purchasing an additional 1,525 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Stratasys by 510.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 67,803 shares of the technology company's stock valued at $563,000 after purchasing an additional 56,699 shares during the period. Institutional investors and hedge funds own 75.77% of the company's stock.
About Stratasys
(
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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.
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