Stratasys (NASDAQ:SSYS) Trading Down 9.9% – Should You Sell?

Shares of Stratasys, Ltd. (NASDAQ:SSYSGet Free Report) were down 9.9% during mid-day trading on Thursday . The stock traded as low as $8.22 and last traded at $8.3350. Approximately 642,208 shares were traded during trading, a decline of 31% from the average daily volume of 928,347 shares. The stock had previously closed at $9.25.

Stratasys News Roundup

Here are the key news stories impacting Stratasys this week:

Analyst Ratings Changes

Several equities analysts have recently issued reports on SSYS shares. Needham & Company LLC lowered their price target on Stratasys from $12.00 to $11.50 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Stratasys in a research note on Thursday, January 22nd. Finally, Craig Hallum reduced their price objective on Stratasys from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $12.33.

Read Our Latest Research Report on SSYS

Stratasys Trading Up 3.9%

The firm has a market cap of $734.17 million, a price-to-earnings ratio of -6.31 and a beta of 1.86. The company has a 50-day moving average price of $8.47 and a 200 day moving average price of $9.47. The company has a quick ratio of 2.68, a current ratio of 3.57 and a debt-to-equity ratio of 0.02.

Stratasys (NASDAQ:SSYSGet Free Report) last issued its earnings results on Thursday, May 7th. The technology company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The business had revenue of $132.70 million during the quarter, compared to analysts’ expectations of $131.82 million. Stratasys had a negative return on equity of 1.71% and a negative net margin of 21.00%.Stratasys’s revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. As a group, research analysts anticipate that Stratasys, Ltd. will post -0.17 earnings per share for the current fiscal year.

Institutional Trading of Stratasys

Several hedge funds and other institutional investors have recently modified their holdings of the company. Rubric Capital Management LP raised its holdings in shares of Stratasys by 18.3% during the second quarter. Rubric Capital Management LP now owns 7,803,097 shares of the technology company’s stock worth $89,502,000 after acquiring an additional 1,205,764 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Stratasys by 18.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,629,459 shares of the technology company’s stock worth $14,144,000 after acquiring an additional 256,908 shares in the last quarter. State Street Corp raised its holdings in shares of Stratasys by 998.4% during the fourth quarter. State Street Corp now owns 1,567,080 shares of the technology company’s stock worth $13,602,000 after acquiring an additional 1,424,415 shares in the last quarter. Capital World Investors purchased a new stake in shares of Stratasys during the third quarter worth $15,204,000. Finally, TSP Capital Management Group LLC raised its holdings in shares of Stratasys by 2.1% during the first quarter. TSP Capital Management Group LLC now owns 1,110,850 shares of the technology company’s stock worth $8,676,000 after acquiring an additional 22,700 shares in the last quarter. 75.77% of the stock is currently owned by hedge funds and other institutional investors.

Stratasys Company Profile

(Get Free Report)

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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