Headlines about Stratasys (NASDAQ:SSYS) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stratasys earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.8384815539867 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
SSYS opened at $20.43 on Wednesday. The company has a market capitalization of $1.06 billion, a P/E ratio of 154.77, a PEG ratio of 4.46 and a beta of 1.32. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.95 and a current ratio of 3.65. Stratasys has a 1-year low of $19.56 and a 1-year high of $20.45.
Stratasys (NASDAQ:SSYS) last released its quarterly earnings results on Wednesday, May 2nd. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The firm had revenue of $153.80 million during the quarter, compared to analyst estimates of $167.32 million. Stratasys had a positive return on equity of 0.78% and a negative net margin of 5.94%. The business’s revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. equities research analysts forecast that Stratasys will post 0.15 earnings per share for the current fiscal year.
Several equities analysts have issued reports on the company. BidaskClub upgraded Stratasys from a “hold” rating to a “buy” rating in a research report on Tuesday, January 16th. Zacks Investment Research cut Stratasys from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. ValuEngine cut Stratasys from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Piper Jaffray cut Stratasys from an “overweight” rating to a “neutral” rating and set a $28.00 target price on the stock. in a research report on Wednesday, April 25th. Finally, Deutsche Bank dropped their target price on Stratasys from $20.00 to $18.00 and set a “hold” rating on the stock in a research report on Thursday, May 3rd. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. Stratasys has a consensus rating of “Hold” and a consensus price target of $24.17.
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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