Stratasys, Ltd. (NASDAQ:SSYS – Free Report) – Stock analysts at Zacks Research decreased their FY2027 EPS estimates for shares of Stratasys in a research report issued to clients and investors on Tuesday, October 21st. Zacks Research analyst Team now expects that the technology company will post earnings of $0.14 per share for the year, down from their previous forecast of $0.15. The consensus estimate for Stratasys’ current full-year earnings is ($0.40) per share.
Stratasys (NASDAQ:SSYS – Get Free Report) last issued its earnings results on Wednesday, August 13th. The technology company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. Stratasys had a negative net margin of 17.42% and a negative return on equity of 1.06%. The business had revenue of $138.09 million for the quarter, compared to the consensus estimate of $137.15 million. During the same period in the prior year, the firm earned ($0.04) EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year. Stratasys has set its FY 2025 guidance at EPS.
Stratasys Stock Down 8.5%
Shares of NASDAQ:SSYS opened at $11.30 on Thursday. The business’s 50 day moving average is $10.78 and its 200 day moving average is $10.57. The stock has a market cap of $961.52 million, a P/E ratio of -8.43 and a beta of 1.59. Stratasys has a 52-week low of $6.92 and a 52-week high of $12.88.
Institutional Investors Weigh In On Stratasys
Several institutional investors have recently bought and sold shares of SSYS. Inspire Investing LLC acquired a new position in shares of Stratasys during the first quarter worth $345,000. Brown Advisory Inc. acquired a new position in Stratasys during the 1st quarter valued at about $369,000. Trexquant Investment LP purchased a new stake in shares of Stratasys during the first quarter worth about $1,213,000. Janney Montgomery Scott LLC acquired a new position in shares of Stratasys during the first quarter valued at about $498,000. Finally, Neuberger Berman Group LLC raised its position in shares of Stratasys by 2.4% in the 1st quarter. Neuberger Berman Group LLC now owns 4,592,824 shares of the technology company’s stock valued at $45,082,000 after purchasing an additional 109,331 shares during the last quarter. 75.77% of the stock is currently owned by institutional investors and hedge funds.
Stratasys Company Profile
Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.
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