Stratasys (NASDAQ:SSYS) Announces Earnings Results

Stratasys (NASDAQ:SSYS - Get Free Report) posted its quarterly earnings results on Thursday. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01, Briefing.com reports. The firm had revenue of $136.05 million during the quarter, compared to the consensus estimate of $134.11 million. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The business's revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.02) earnings per share. Stratasys updated its FY 2025 guidance to 0.300-0.370 EPS.

Stratasys Price Performance

Shares of NASDAQ SSYS traded down $0.10 during trading on Friday, hitting $11.03. The stock had a trading volume of 729,399 shares, compared to its average volume of 591,659. The firm has a fifty day moving average of $9.66 and a two-hundred day moving average of $9.64. The company has a market capitalization of $791.03 million, a PE ratio of -8.36 and a beta of 1.50. Stratasys has a 12 month low of $6.05 and a 12 month high of $12.88.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SSYS. Needham & Company LLC boosted their price objective on Stratasys from $12.00 to $13.00 and gave the company a "buy" rating in a report on Thursday, March 6th. StockNews.com downgraded shares of Stratasys from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Cantor Fitzgerald raised their price objective on shares of Stratasys from $12.00 to $15.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $12.20.

Stratasys Company Profile

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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