Analysts expect that Stratasys (NASDAQ:SSYS) will post earnings per share of $0.08 for the current quarter, Zacks reports. Five analysts have provided estimates for Stratasys’ earnings, with the lowest EPS estimate coming in at $0.06 and the highest estimate coming in at $0.09. Stratasys posted earnings of $0.05 per share during the same quarter last year, which would suggest a positive year over year growth rate of 60%. The firm is expected to issue its next earnings report on Tuesday, May 15th.
According to Zacks, analysts expect that Stratasys will report full-year earnings of $0.41 per share for the current fiscal year, with EPS estimates ranging from $0.33 to $0.50. For the next financial year, analysts forecast that the firm will report earnings of $0.61 per share, with EPS estimates ranging from $0.51 to $0.74. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow Stratasys.
Stratasys (NASDAQ:SSYS) last issued its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The company had revenue of $179.34 million during the quarter, compared to analysts’ expectations of $174.30 million. Stratasys had a negative net margin of 5.98% and a positive return on equity of 0.66%. Stratasys’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 earnings per share.
Several equities analysts recently commented on SSYS shares. Zacks Investment Research cut shares of Stratasys from a “buy” rating to a “hold” rating in a research note on Saturday, January 20th. BidaskClub upgraded shares of Stratasys from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Finally, ValuEngine lowered shares of Stratasys from a “sell” rating to a “strong sell” rating in a research report on Monday, April 2nd. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. Stratasys has a consensus rating of “Hold” and an average target price of $25.50.
NASDAQ:SSYS traded up $0.27 during mid-day trading on Wednesday, hitting $19.72. 232,050 shares of the stock traded hands, compared to its average volume of 757,066. The stock has a market cap of $1,043.38, a P/E ratio of 150.69, a P/E/G ratio of 3.89 and a beta of 1.33. Stratasys has a 12-month low of $18.00 and a 12-month high of $30.88. The company has a current ratio of 3.77, a quick ratio of 3.06 and a debt-to-equity ratio of 0.02.
Institutional investors have recently made changes to their positions in the business. Vident Investment Advisory LLC lifted its holdings in shares of Stratasys by 61.5% in the 4th quarter. Vident Investment Advisory LLC now owns 876,470 shares of the technology company’s stock worth $17,494,000 after acquiring an additional 333,656 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Stratasys by 24.2% in the 4th quarter. LPL Financial LLC now owns 12,511 shares of the technology company’s stock worth $250,000 after acquiring an additional 2,439 shares during the last quarter. Teachers Advisors LLC lifted its holdings in shares of Stratasys by 3.2% in the 4th quarter. Teachers Advisors LLC now owns 91,478 shares of the technology company’s stock worth $1,826,000 after acquiring an additional 2,840 shares during the last quarter. Two Sigma Advisers LP lifted its holdings in shares of Stratasys by 54.0% in the 4th quarter. Two Sigma Advisers LP now owns 202,747 shares of the technology company’s stock worth $4,047,000 after acquiring an additional 71,100 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Stratasys by 22.8% in the 4th quarter. Deutsche Bank AG now owns 359,285 shares of the technology company’s stock worth $7,167,000 after acquiring an additional 66,641 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.
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Stratasys Company Profile
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, small and large businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content.
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