A number of other equities analysts have also weighed in on the stock. ValuEngine lowered shares of WideOpenWest from a “hold” rating to a “sell” rating in a report on Friday, June 28th. JPMorgan Chase & Co. restated a “sell” rating on shares of Stratasys in a report on Monday, April 1st. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $23.50.
Shares of SSYS opened at $29.26 on Friday. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 127.22, a PEG ratio of 3.82 and a beta of 2.03. The company has a fifty day moving average of $24.66. Stratasys has a fifty-two week low of $17.06 and a fifty-two week high of $30.02. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.07 and a current ratio of 3.84.
Stratasys (NASDAQ:SSYS) last announced its quarterly earnings results on Thursday, May 2nd. The technology company reported $0.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.04. The company had revenue of $155.30 million for the quarter, compared to analyst estimates of $152.78 million. Stratasys had a negative net margin of 0.03% and a positive return on equity of 1.40%. Stratasys’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the business earned $0.05 EPS. Equities research analysts anticipate that Stratasys will post 0.33 EPS for the current year.
Several large investors have recently bought and sold shares of the stock. LPL Financial LLC increased its holdings in Stratasys by 3.1% during the 4th quarter. LPL Financial LLC now owns 14,179 shares of the technology company’s stock worth $255,000 after purchasing an additional 420 shares during the period. BlackRock Inc. boosted its position in Stratasys by 4.5% during the 4th quarter. BlackRock Inc. now owns 2,483,425 shares of the technology company’s stock valued at $44,725,000 after acquiring an additional 107,594 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in Stratasys during the 4th quarter valued at $194,000. Advisor Group Inc. boosted its position in Stratasys by 14.2% during the 4th quarter. Advisor Group Inc. now owns 4,644 shares of the technology company’s stock valued at $83,000 after acquiring an additional 576 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Stratasys by 34.6% during the 4th quarter. Geode Capital Management LLC now owns 264,691 shares of the technology company’s stock valued at $4,767,000 after acquiring an additional 68,032 shares in the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.
Stratasys Company Profile
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content.
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