Shares of Stratasys Ltd. (NASDAQ:SSYS) were up 3.4% during trading on Monday . The stock traded as high as $23.31 and last traded at $22.51, with a volume of 1,171,550 shares. The stock had previously closed at $21.77.

Several analysts recently commented on SSYS shares. Deutsche Bank AG reaffirmed a “hold” rating and set a $24.00 target price on shares of Stratasys in a report on Friday, May 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $26.00 target price (down from $28.00) on shares of Stratasys in a report on Tuesday, May 10th. Pacific Crest reaffirmed an “equal weight” rating on shares of Stratasys in a report on Sunday, June 5th. FBR & Co started coverage on Stratasys in a report on Tuesday, May 24th. They set an “outperform” rating and a $29.00 target price on the stock. Finally, Zacks Investment Research lowered Stratasys from a “strong-buy” rating to a “hold” rating in a report on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $26.00.

The company’s market cap is $1.17 billion. The company has a 50-day moving average price of $21.27 and a 200 day moving average price of $22.15.

Stratasys (NASDAQ:SSYS) last released its earnings results on Thursday, August 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.06. The business had revenue of $172.10 million for the quarter, compared to analyst estimates of $175.88 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The business’s revenue for the quarter was down 5.6% on a year-over-year basis. Analysts forecast that Stratasys Ltd. will post $0.32 EPS for the current year.

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.