Stratasys, Ltd. (SSYS) Issues FY17 Earnings Guidance
Stratasys, Ltd. (NASDAQ:SSYS) updated its FY17 earnings guidance on Tuesday. The company provided EPS guidance of $0.40-0.48 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.36. The company issued revenue guidance of $655-670 million, compared to the consensus revenue estimate of $669.67 million.
Several equities analysts have issued reports on SSYS shares. Loop Capital started coverage on Stratasys in a report on Monday, July 24th. They set a hold rating and a $24.00 price objective on the stock. BidaskClub lowered Stratasys from a strong-buy rating to a buy rating in a report on Wednesday, August 2nd. Cowen and Company reaffirmed a hold rating and set a $23.00 price objective on shares of Stratasys in a report on Sunday, September 17th. FBR & Co reaffirmed a buy rating on shares of Stratasys in a report on Wednesday, July 19th. Finally, Jefferies Group LLC reaffirmed a hold rating and set a $30.00 price objective on shares of Stratasys in a report on Friday, August 4th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $24.07.
Shares of Stratasys, Ltd. (NASDAQ SSYS) opened at $20.36 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.32 and a quick ratio of 2.65. The company has a market cap of $1,108.88, a PE ratio of 149.86, a P/E/G ratio of 17.48 and a beta of 1.40. Stratasys, Ltd. has a 12-month low of $16.37 and a 12-month high of $30.88.
Stratasys (NASDAQ:SSYS) last announced its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.04. The firm had revenue of $155.90 million during the quarter, compared to the consensus estimate of $160.97 million. Stratasys had a negative net margin of 6.74% and a positive return on equity of 0.62%. The business’s revenue was down .8% on a year-over-year basis. equities analysts forecast that Stratasys, Ltd. will post 0.06 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.
Receive News & Ratings for Stratasys Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratasys Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.