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

Key Points

• Stratasys has a “Moderate Buy” consensus from six analysts: four recommend buying, one holds, and one rates it a sell. The average 12-month price target is $12.33.
• Shares opened at $7.98, near the lower end of their 52-week range of $7.34 to $12.81. The company reported quarterly revenue of $137.61 million and EPS of $0.03, but analysts expect a full-year loss of $0.19 per share.
• Institutional investors own 75.77% of Stratasys, with several firms recently initiating or increasing positions in the 3D-printing company.

Stratasys, Ltd. (NASDAQ:SSYS - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $12.3333.

Several brokerages have recently commented on SSYS. Zacks Research downgraded Stratasys from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Stratasys in a research note on Tuesday, August 18th.

Stratasys Stock Performance

Shares of NASDAQ:SSYS opened at $7.98 on Friday. The stock has a market capitalization of $687.64 million, a price-to-earnings ratio of -5.96 and a beta of 1.94. Stratasys has a 1-year low of $7.34 and a 1-year high of $12.81. The company has a 50 day moving average price of $8.35 and a 200 day moving average price of $8.75.

Stratasys (NASDAQ:SSYS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 1st. The technology company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $137.61 million for the quarter. Stratasys had a negative return on equity of 1.77% and a negative net margin of 21.05%. On average, sell-side analysts expect that Stratasys will post -0.19 EPS for the current fiscal year.

Institutional Investors Weigh In On Stratasys

Large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC acquired a new position in Stratasys in the 4th quarter valued at $26,000. Parallel Advisors LLC raised its stake in Stratasys by 1,071.4% during the 1st quarter. Parallel Advisors LLC now owns 3,807 shares of the technology company's stock valued at $30,000 after purchasing an additional 3,482 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Stratasys during the third quarter worth about $34,000. Raymond James Financial Inc. bought a new position in Stratasys in the second quarter worth $35,000. Finally, NFSG Corp bought a new stake in Stratasys in the first quarter valued at about $45,000. Institutional investors own 75.77% of the company's stock.

About Stratasys

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.

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