Stratasys (NASDAQ:SSYS) updated its FY 2018 earnings guidance on Thursday. The company provided EPS guidance of $0.50-0.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.40. The company issued revenue guidance of $670-680 million, compared to the consensus revenue estimate of $672.31 million.Stratasys also updated its FY18 guidance to $0.50-0.55 EPS.
Several equities analysts have issued reports on the company. Zacks Investment Research raised Stratasys from a hold rating to a buy rating and set a $22.00 price objective on the stock in a report on Friday, October 26th. ValuEngine raised Stratasys from a sell rating to a hold rating in a report on Thursday. Cowen set a $22.00 price objective on Stratasys and gave the stock a hold rating in a report on Thursday. BidaskClub raised Stratasys from a sell rating to a hold rating in a report on Wednesday, October 24th. Finally, Susquehanna Bancshares set a $27.00 price objective on Stratasys and gave the stock a buy rating in a report on Thursday. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. Stratasys presently has an average rating of Hold and an average target price of $22.89.
Shares of SSYS stock opened at $24.11 on Friday. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 146.62, a PEG ratio of 5.98 and a beta of 1.70. Stratasys has a 1 year low of $17.17 and a 1 year high of $26.17. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.97 and a current ratio of 3.66.
Stratasys (NASDAQ:SSYS) last issued its quarterly earnings data on Thursday, November 1st. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.06. The company had revenue of $162.00 million for the quarter, compared to analyst estimates of $161.88 million. Stratasys had a positive return on equity of 0.78% and a negative net margin of 5.57%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 earnings per share. Analysts predict that Stratasys will post 0.2 earnings per share for the current year.
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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