Stratasys, Ltd. (NASDAQ:SSYS – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $7.50 and last traded at $7.4950, with a volume of 195496 shares traded. The stock had previously closed at $7.64.
Analyst Ratings Changes
Several research firms have recently weighed in on SSYS. Needham & Company LLC decreased their price objective 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 report on Thursday, January 22nd. Finally, Craig Hallum decreased their price target on Stratasys from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, March 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.33.
Read Our Latest Stock Analysis on SSYS
Stratasys Stock Up 1.2%
Stratasys (NASDAQ:SSYS – Get Free Report) last issued its earnings results on Thursday, March 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. Stratasys had a negative net margin of 18.92% and a negative return on equity of 1.37%. The business had revenue of $140.00 million for the quarter, compared to analyst estimates of $139.32 million. During the same period in the prior year, the firm earned $0.12 earnings per share. Stratasys’s revenue was down 6.9% on a year-over-year basis. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. Equities research analysts anticipate that Stratasys, Ltd. will post -0.4 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in SSYS. Rockefeller Capital Management L.P. grew its stake in Stratasys by 4.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 59,875 shares of the technology company’s stock valued at $520,000 after acquiring an additional 2,583 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of Stratasys by 121.8% in the 4th quarter. Pacer Advisors Inc. now owns 16,019 shares of the technology company’s stock worth $139,000 after purchasing an additional 8,798 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Stratasys by 2.8% in the 4th quarter. Invesco Ltd. now owns 88,856 shares of the technology company’s stock worth $771,000 after purchasing an additional 2,380 shares in the last quarter. XTX Topco Ltd acquired a new stake in Stratasys in the 4th quarter valued at $363,000. Finally, VARCOV Co. bought a new stake in Stratasys during the 4th quarter valued at $457,000. 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.
Further Reading
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