Stratasys (SSYS) to Release Earnings on Friday
Stratasys (NASDAQ:SSYS) will post its Q114 quarterly earnings results on Friday, May 9th. Analysts expect Stratasys to post earnings of $0.40 per share and revenue of $143.31 million for the quarter. Stratasys has set its FY14 guidance at $2.15-2.25 EPS.Parties interested in registering for the company’s conference call can do so using this link.
Stratasys (NASDAQ:SSYS) last released its earnings data on Monday, March 3rd. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.49 by $0.01. The company had revenue of $155.80 million for the quarter, compared to the consensus estimate of $151.03 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 117.8% on a year-over-year basis. On average, analysts expect Stratasys to post $2.22 EPS for the current fiscal year and $2.93 EPS for the next fiscal year.
Stratasys (NASDAQ:SSYS) opened at 94.22 on Thursday. Stratasys has a 52 week low of $74.54 and a 52 week high of $138.10. The stock has a 50-day moving average of $102. and a 200-day moving average of $115.9. The company’s market cap is $4.641 billion.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs initiated coverage on shares of Stratasys in a research note on Monday, April 14th. They set a “buy” rating and a $146.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Stratasys from $125.00 to $130.00 in a research note on Thursday, April 3rd. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $140.53.
Stratasys, Inc is a manufacturer of three-dimensional (NASDAQ:SSYS) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets.
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