Stratasys, Ltd. (NASDAQ:SSYS – Get Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as $7.50 and last traded at $7.4950, with a volume of 195496 shares trading hands. The stock had previously closed at $7.64.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on SSYS shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. Craig Hallum dropped their price target on Stratasys from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Finally, Needham & Company LLC cut their price objective on Stratasys from $12.00 to $11.50 and set a “buy” rating on the stock in a report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $12.33.
Check Out Our Latest Report on Stratasys
Stratasys Stock Performance
Stratasys (NASDAQ:SSYS – Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The firm had revenue of $140.00 million for the quarter, compared to the consensus estimate of $139.32 million. Stratasys had a negative return on equity of 1.37% and a negative net margin of 18.92%.The company’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same quarter last year, the business posted $0.12 EPS. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. Analysts expect that Stratasys, Ltd. will post -0.4 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Stratasys
Large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of Stratasys by 8.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 15,680 shares of the technology company’s stock worth $176,000 after acquiring an additional 1,199 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Stratasys by 8.9% in the fourth quarter. Van ECK Associates Corp now owns 19,475 shares of the technology company’s stock worth $169,000 after purchasing an additional 1,590 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Stratasys by 9.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 22,294 shares of the technology company’s stock worth $194,000 after purchasing an additional 1,912 shares during the last quarter. Invesco Ltd. boosted its holdings in Stratasys by 2.8% during the fourth quarter. Invesco Ltd. now owns 88,856 shares of the technology company’s stock worth $771,000 after purchasing an additional 2,380 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp grew its position in Stratasys by 9.4% in the second quarter. OMERS ADMINISTRATION Corp now owns 28,000 shares of the technology company’s stock valued at $321,000 after purchasing an additional 2,400 shares in the last quarter. Institutional investors and hedge funds own 75.77% of the company’s stock.
Stratasys Company Profile
Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.
The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.
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