Stratasys (NASDAQ:SSYS - Get Free Report) announced its quarterly earnings results on Wednesday. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.01, Briefing.com reports. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The company had revenue of $150.40 million for the quarter, compared to analysts' expectations of $151.01 million. During the same quarter in the previous year, the business posted $0.02 EPS. Stratasys's revenue was down 3.8% compared to the same quarter last year. Stratasys updated its FY 2025 guidance to 0.280-0.350 EPS and its FY25 guidance to $0.28-$0.35 EPS.
Stratasys Price Performance
SSYS traded down $0.32 during trading on Monday, reaching $9.51. 647,951 shares of the company's stock were exchanged, compared to its average volume of 568,940. The company's fifty day simple moving average is $10.25 and its 200-day simple moving average is $8.93. The stock has a market capitalization of $678.80 million, a P/E ratio of -7.20 and a beta of 1.28. Stratasys has a 1 year low of $6.05 and a 1 year high of $12.88.
Analyst Ratings Changes
Several research firms have weighed in on SSYS. Craig Hallum lifted their price target on shares of Stratasys from $12.00 to $15.00 and gave the stock a "buy" rating in a research note on Thursday, November 14th. StockNews.com cut shares of Stratasys from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Cantor Fitzgerald raised their target price on shares of Stratasys from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Finally, Needham & Company LLC boosted their price objective on Stratasys from $12.00 to $13.00 and gave the stock a "buy" rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Stratasys has an average rating of "Moderate Buy" and an average price target of $12.20.
View Our Latest Analysis on SSYS
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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