Stratasys (SSYS) Receives Media Sentiment Rating of 0.14
Media coverage about Stratasys (NASDAQ:SSYS) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. 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 news sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.5896870497959 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s rankings:
- Stratasys, Ltd. (SSYS) Stake Reduced by Renaissance Technologies LLC (lazeresportes.com)
- Stratasys (NASDAQ:SSYS) Given News Sentiment Rating of 0.17 (bulhufas.com)
- Primecap Management Co/ca/ Bought A Lot More Stratasys, Ltd. (SSYS) Stock (techkenyot.com)
- The Majority of Analysts Are Still Downbeat on Stratasys Ltd. (SSYS) (currenthollywood.com)
- Stratasys, Ltd. (SSYS) Stake Up in Latest Report from Primecap Management Co/ca (naijaoversabi.com)
Several research analysts have commented on SSYS shares. Piper Jaffray Companies upgraded shares of Stratasys from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $21.00 to $28.00 in a research report on Monday, April 17th. Standpoint Research cut shares of Stratasys from a “buy” rating to a “reduce” rating in a research report on Monday, April 24th. FBR & Co restated a “buy” rating on shares of Stratasys in a research report on Wednesday, July 19th. Zacks Investment Research cut shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, BidaskClub cut shares of Stratasys from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Six analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $23.83.
Shares of Stratasys (NASDAQ:SSYS) opened at 22.95 on Friday. The firm’s market capitalization is $1.21 billion. The company’s 50-day moving average is $23.83 and its 200 day moving average is $23.35. Stratasys has a 1-year low of $16.37 and a 1-year high of $30.88.
Stratasys (NASDAQ:SSYS) last issued its quarterly earnings results on Wednesday, August 9th. The technology company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16. Stratasys had a negative net margin of 8.33% and a positive return on equity of 0.29%. The company had revenue of $170 million during the quarter, compared to analysts’ expectations of $167.82 million. During the same quarter in the previous year, the company earned $0.12 EPS. Stratasys’s revenue was down 1.2% on a year-over-year basis. On average, analysts expect that Stratasys will post $0.35 EPS for the current fiscal year.
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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