Press coverage about Stratasys (NASDAQ:SSYS) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stratasys earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.6612004149953 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s rankings:
Several analysts have recently issued reports on SSYS shares. Zacks Investment Research raised shares of Stratasys from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Friday, September 22nd. Susquehanna Bancshares raised shares of Stratasys from a “neutral” rating to a “positive” rating and set a $22.00 price target for the company in a research report on Friday, October 20th. BidaskClub cut shares of Stratasys from a “hold” rating to a “sell” rating in a research report on Friday, December 29th. KeyCorp reiterated a “hold” rating on shares of Stratasys in a report on Friday, October 27th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Stratasys in a report on Friday, October 13th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $24.87.
Stratasys (SSYS) traded up $0.95 during mid-day trading on Friday, reaching $23.24. 814,400 shares of the company traded hands, compared to its average volume of 595,832. The company has a current ratio of 3.58, a quick ratio of 2.82 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1,190.00, a price-to-earnings ratio of -21.92, a PEG ratio of 4.05 and a beta of 1.41. Stratasys has a fifty-two week low of $18.04 and a fifty-two week high of $30.88.
Stratasys (NASDAQ:SSYS) last issued its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 business’s revenue for the quarter was down .8% on a year-over-year basis. equities analysts forecast that Stratasys will post 0.17 earnings per share for the current year.
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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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