Stratasys, Ltd. (SSYS) Stock Rating Lowered by ValuEngine

Modesto Morganelli
Settembre 21, 2017

Zacks Investment Research upgraded shares of Stratasys from a "hold" rating to a "buy" rating and set a $24.00 price target on the stock in a research report on Friday, August 25th. The brokerage now has a $23.00 price objective on the technology company's stock. The company now has an average rating of "Hold" and a consensus target price of $22.03. When looking at the stock market, an example of an upward trend is generally classified as a stock price that over time keeps reaching higher highs and higher lows. BidaskClub downgraded shares of Stratasys from a buy rating to a hold rating in a research report on Thursday, August 17th. Shares last traded at $23.68 which is marginally higher than the 50 day moving average of $22.73 and just a bit lower than the 200 day moving average of $23.79. Finally, Loop Capital initiated coverage on shares of Stratasys in a research report on Monday, July 24th. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.16.

Investors might be trying to figure out how to play the stock market at current levels. Seven research analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Citigroup Inc. raised shares of Stratasys from a neutral rating to a buy rating and dropped their target price for the stock from $32.00 to $29.00 in a research report on Thursday, August 10th. The company had revenue of $170.00 million for the quarter, compared to analysts' expectations of $167.82 million. The value of the investment in SSYS went from $6,000 to $4,000,000 a change of $3,994,000 quarter to quarter. Stratasys had a negative net margin of 8.33% and a positive return on equity of 0.29%. The business's revenue was down 1.2% compared to the same quarter previous year. Next quarter's EPS is estimated at $0.11 with next year's EPS projected to be $0.53. Equities analysts expect that Stratasys will post $0.37 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently modified their holdings of the business. Primecap Management Co. CA grew its holdings in Stratasys by 25.6% during the first quarter. Nationwide Fund Advisors increased its stake in shares of Stratasys by 131.9% in the third quarter. Douglas Lane & Associates, LLC claims 1,096,299 shares with a value of $25,555,000. As of the end of the quarter Vident Investment Advisory, LLC had bought a total of 119,626 shares growing its holdings by 61.0%.

The company is so far trading down by 1.58% percent from yesterday's close. Advisor Group Inc. lifted its stake in Stratasys by 6.8% in the second quarter. SG Americas Securities LLC lifted its stake in Stratasys by 24.8% in the second quarter. FNY Managed Accounts LLC purchased a new stake in shares of Stratasys during the third quarter valued at $145,000.

Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE.

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.

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