Headlines about Stratasys (NASDAQ:SSYS) have trended somewhat positive on Thursday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Stratasys earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.5879613790694 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
Stratasys (NASDAQ SSYS) traded down 0.31% during midday trading on Thursday, hitting $22.71. 414,555 shares of the stock traded hands. The company’s 50-day moving average is $23.05 and its 200 day moving average is $24.38. The firm’s market cap is $1.20 billion. Stratasys has a 12-month low of $16.37 and a 12-month high of $30.88.
Stratasys (NASDAQ:SSYS) last issued its earnings results on Wednesday, August 9th. The technology company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.16. The firm had revenue of $170.00 million for the quarter, compared to analyst estimates of $167.82 million. Stratasys had a positive return on equity of 0.29% and a negative net margin of 8.33%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the company earned $0.12 earnings per share. On average, analysts anticipate that Stratasys will post $0.37 EPS for the current fiscal year.
A number of equities research analysts have recently commented on SSYS shares. Zacks Investment Research upgraded shares of Stratasys from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, July 12th. Susquehanna Bancshares Inc started coverage on shares of Stratasys in a research report on Thursday, July 13th. They set a “neutral” rating and a $22.00 price objective on the stock. FBR & Co restated a “buy” rating on shares of Stratasys in a research report on Wednesday, July 19th. Loop Capital initiated coverage on shares of Stratasys in a research report on Monday, July 24th. They set a “hold” rating and a $24.00 price objective on the stock. Finally, BidaskClub downgraded shares of Stratasys from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Six analysts have rated the stock with a sell rating, nine have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Stratasys has a consensus rating of “Hold” and an average price target of $23.77.
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Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.
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