Stratasys (SSYS) Earning Somewhat Favorable News Coverage, Report Finds
Headlines about Stratasys (NASDAQ:SSYS) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stratasys earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 44.775946120297 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- Reviewing Stratasys (SSYS) and Diebold, (DBD) (americanbankingnews.com)
- Stratasys, Ltd. (NASDAQ:SSYS) Earns “Hold” Rating from Jefferies Group LLC (americanbankingnews.com)
- Focusing The Bull-Eye on Shares Stratasys Ltd (SSYS) – Evergreen Caller (evergreencaller.com)
- Today’s Research Report Coverage on Computer Peripherals Stocks — Logitech Intl., Electronics for Imaging, Mercury Systems, and Stratasys (prnewswire.com)
- Stratasys, Ltd. (NASDAQ:SSYS) Lowered to Buy at BidaskClub (americanbankingnews.com)
Several analysts have recently issued reports on SSYS shares. FBR & Co reiterated a “buy” rating on shares of Stratasys in a research report on Wednesday, July 19th. Zacks Investment Research upgraded shares of Stratasys from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Wednesday, July 12th. BidaskClub lowered shares of Stratasys from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Jefferies Group LLC lowered shares of Stratasys from a “buy” rating to a “hold” rating and lifted their target price for the company from $24.00 to $30.00 in a research report on Thursday, May 18th. Finally, Needham & Company LLC lowered shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Stratasys presently has a consensus rating of “Hold” and a consensus target price of $23.68.
Stratasys (SSYS) opened at 23.50 on Monday. The firm’s 50-day moving average is $24.73 and its 200-day moving average is $23.24. The stock’s market capitalization is $1.24 billion. Stratasys has a 52 week low of $16.37 and a 52 week high of $30.88.
Stratasys (NASDAQ:SSYS) last released its quarterly earnings results on Tuesday, May 16th. The technology company reported $0.05 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.05. Stratasys had a negative net margin of 10.17% and a negative return on equity of 0.03%. The company had revenue of $163.20 million for the quarter, compared to analysts’ expectations of $162.38 million. During the same period last year, the company earned $0.01 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. On average, equities research analysts predict that Stratasys will post $0.28 EPS for the current fiscal year.
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Stratasys Company Profile
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.
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