Stratasys, Ltd. (SSYS) – What Are Investment Firms Saying About This Stock?

Stratasys, Ltd. (NASDAQ:SSYS) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $12.33.

A number of equities analysts have weighed in on SSYS shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Stratasys in a research report on Tuesday, August 18th. Zacks Research cut shares of Stratasys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SSYS. Segall Bryant & Hamill LLC purchased a new stake in shares of Stratasys in the 1st quarter worth $11,107,000. Rubric Capital Management LP grew its position in shares of Stratasys by 9.0% during the first quarter. Rubric Capital Management LP now owns 8,000,000 shares of the technology company’s stock worth $62,480,000 after purchasing an additional 659,974 shares in the last quarter. State of Michigan Retirement System purchased a new stake in Stratasys in the 1st quarter worth $3,905,000. Counterpoint Mutual Funds LLC bought a new stake in Stratasys in the third quarter worth $941,000. Finally, Kopion Asset Management LLC raised its position in Stratasys by 11.0% during the third quarter. Kopion Asset Management LLC now owns 1,052,341 shares of the technology company’s stock valued at $8,745,000 after purchasing an additional 104,371 shares during the period. 75.77% of the stock is currently owned by institutional investors.

Stratasys Trading Down 1.8%

Stratasys stock opened at $6.56 on Wednesday. Stratasys has a 12 month low of $6.07 and a 12 month high of $12.24. The stock has a fifty day simple moving average of $7.54 and a two-hundred day simple moving average of $8.55. The firm has a market cap of $577.80 million, a price-to-earnings ratio of -4.90 and a beta of 1.83.

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

About Stratasys

Stratasys is a global provider of polymer 3D printing and additive manufacturing solutions. Its offerings include 3D printers, printing materials, software and related services for designing and producing prototypes, tools and end-use parts. The company serves customers across industries such as aerospace, automotive, healthcare, consumer products and education. Its technologies include Fused Deposition Modeling (FDM), PolyJet and stereolithography, supporting a range of applications from product development to manufacturing.