Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Stratasys (SSYS) Stock Price
Press coverage about Stratasys (NASDAQ:SSYS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stratasys earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.8863856388305 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Stratasys (SSYS) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- Why Shares of Stratasys Ltd. Popped 21% in 2017 – Motley Fool (fool.com)
- Why Shares of Stratasys Ltd. Popped 21% in 2017 – Madison.com (host.madison.com)
- Stratasys Ltd. (NASDAQ:SSYS) – Analysts’ Recommendations to Consider – Nasdaq Journal (press release) (nasdaqjournal.com)
SSYS has been the subject of several research reports. UBS Group upgraded shares of Stratasys from a “neutral” rating to a “positive” rating in a research report on Friday, October 20th. B. Riley restated a “neutral” rating and issued a $30.00 target price (down previously from $33.00) on shares of Stratasys in a report on Thursday, November 2nd. Susquehanna Bancshares upgraded shares of Stratasys from a “neutral” rating to a “positive” rating and set a $22.00 target price for the company in a report on Friday, October 20th. Citigroup set a $29.00 target price on shares of Stratasys and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Zacks Investment Research upgraded shares of Stratasys from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a report on Friday, September 22nd. Five analysts have rated the stock with a sell rating, nine have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $24.94.
Shares of Stratasys (NASDAQ:SSYS) opened at $23.24 on Tuesday. Stratasys has a twelve month low of $18.04 and a twelve month high of $30.88. The firm has a market cap of $1,240.00, a PE ratio of -21.92, a P/E/G ratio of 4.23 and a beta of 1.41. The company has a current ratio of 3.58, a quick ratio of 2.82 and a debt-to-equity ratio of 0.02.
Stratasys (NASDAQ:SSYS) last announced its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. Stratasys had a negative net margin of 6.74% and a positive return on equity of 0.62%. The company had revenue of $155.90 million during the quarter, compared to analyst estimates of $160.97 million. The business’s revenue was down .8% compared to the same quarter last year. equities analysts forecast that Stratasys will post 0.17 earnings per share for the current fiscal year.
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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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