Media headlines about Stratasys (NASDAQ:SSYS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stratasys earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.7712481867895 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
Shares of Stratasys (NASDAQ:SSYS) opened at $21.15 on Thursday. The company has a market cap of $1,140.00, a PE ratio of 148.29, a PEG ratio of 6.29 and a beta of 1.40. Stratasys has a twelve month low of $16.37 and a twelve month high of $30.88. The company has a current ratio of 3.58, a quick ratio of 2.82 and a debt-to-equity ratio of 0.02.
Stratasys (NASDAQ:SSYS) last issued its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. The business had revenue of $155.90 million during the quarter, compared to the consensus estimate of $160.97 million. Stratasys had a negative net margin of 6.74% and a positive return on equity of 0.62%. The firm’s revenue for the quarter was down .8% on a year-over-year basis. research analysts predict that Stratasys will post 0.17 EPS for the current year.
Several analysts recently commented on the stock. Cowen reiterated a “market perform” rating and issued a $23.00 price objective (down previously from $27.00) on shares of Stratasys in a research note on Thursday, August 10th. Zacks Investment Research downgraded shares of Stratasys from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. BidaskClub downgraded shares of Stratasys from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Citigroup upgraded shares of Stratasys from a “neutral” rating to a “buy” rating and dropped their target price for the company from $32.00 to $29.00 in a report on Thursday, August 10th. Finally, Deutsche Bank dropped their target price on shares of Stratasys from $31.00 to $25.00 and set a “hold” rating for the company in a report on Thursday, August 10th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $24.74.
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Stratasys Company Profile
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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