Stratasys, Ltd. (NASDAQ:SSYS - Get Free Report) was down 9.9% during trading on Thursday . The stock traded as low as $8.22 and last traded at $8.3350. Approximately 642,208 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 928,347 shares. The stock had previously closed at $9.25.
More Stratasys News
Here are the key news stories impacting Stratasys this week:
Wall Street Analyst Weigh In
Several research analysts have commented on SSYS shares. Needham & Company LLC decreased their target price on shares of Stratasys from $12.00 to $11.50 and set a "buy" rating for the company in a research report on Thursday, March 5th. Weiss Ratings restated a "sell (d-)" rating on shares of Stratasys in a research report on Thursday, January 22nd. Finally, Craig Hallum decreased their target price on shares of Stratasys from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Friday, March 6th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.33.
Read Our Latest Stock Report on SSYS
Stratasys Trading Down 11.4%
The business's 50 day moving average price is $8.50 and its two-hundred day moving average price is $9.49. The company has a market capitalization of $706.59 million, a price-to-earnings ratio of -6.56 and a beta of 1.86. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.68 and a current ratio of 3.57.
Stratasys (NASDAQ:SSYS - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported ($0.01) earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The company had revenue of $132.70 million during the quarter, compared to analyst estimates of $131.82 million. Stratasys had a negative net margin of 18.92% and a negative return on equity of 1.37%. The business's revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.04 EPS. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. Equities analysts forecast that Stratasys, Ltd. will post -0.17 earnings per share for the current fiscal year.
Institutional Trading of Stratasys
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its stake in Stratasys by 1,071.4% during the first 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. NFSG Corp acquired a new stake in Stratasys during the first quarter valued at approximately $45,000. State of Michigan Retirement System acquired a new stake in Stratasys during the first quarter valued at approximately $3,905,000. TSP Capital Management Group LLC lifted its stake in Stratasys by 2.1% during the first quarter. TSP Capital Management Group LLC now owns 1,110,850 shares of the technology company's stock valued at $8,676,000 after purchasing an additional 22,700 shares during the last quarter. Finally, Inspire Investing LLC lifted its stake in Stratasys by 21.9% during the first quarter. Inspire Investing LLC now owns 66,235 shares of the technology company's stock valued at $517,000 after purchasing an additional 11,902 shares during the last quarter. 75.77% of the stock is owned by institutional investors and hedge funds.
About Stratasys
(
Get Free Report)
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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