Stratasys (NASDAQ:SSYS – Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $151.01 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Stratasys Price Performance
NASDAQ SSYS opened at $10.43 on Tuesday. The firm’s 50-day moving average is $10.19 and its two-hundred day moving average is $8.87. Stratasys has a 12 month low of $6.05 and a 12 month high of $12.88. The stock has a market capitalization of $744.47 million, a P/E ratio of -7.90 and a beta of 1.31.
Analysts Set New Price Targets
A number of research analysts have commented on SSYS shares. StockNews.com cut shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $12.00 target price on shares of Stratasys in a research report on Monday, February 3rd. Cantor Fitzgerald reiterated an “overweight” rating and set a $12.00 price target on shares of Stratasys in a research note on Monday, February 3rd. Finally, Craig Hallum boosted their price target on shares of Stratasys from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $11.40.
About Stratasys
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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