Wall Street brokerages expect that Stratasys, Ltd. (NASDAQ:SSYS) will report earnings per share of $0.04 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Stratasys’ earnings. The highest EPS estimate is $0.08 and the lowest is $0.02. The firm is scheduled to announce its next earnings report before the market opens on Tuesday, November 14th.

According to Zacks, analysts expect that Stratasys will report full-year earnings of $0.36 per share for the current fiscal year, with EPS estimates ranging from $0.33 to $0.45. For the next year, analysts anticipate that the firm will post earnings of $0.57 per share, with EPS estimates ranging from $0.47 to $0.75. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that cover Stratasys.

Stratasys (NASDAQ:SSYS) last released its earnings results on Wednesday, August 9th. The technology company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. The company had revenue of $170.00 million during the quarter, compared to analysts’ expectations of $167.82 million. Stratasys had a negative net margin of 8.33% and a positive return on equity of 0.29%. Stratasys’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the business earned $0.12 EPS.

A number of equities analysts recently issued reports on SSYS shares. Zacks Investment Research raised Stratasys from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a report on Friday, August 25th. FBR & Co reaffirmed a “buy” rating on shares of Stratasys in a report on Wednesday, July 19th. ValuEngine downgraded Stratasys from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Susquehanna Bancshares Inc raised Stratasys from a “neutral” rating to a “positive” rating and set a $22.00 price target for the company in a report on Friday, October 20th. Finally, Citigroup Inc. raised Stratasys from a “neutral” rating to a “buy” rating and lowered their price target for the company from $32.00 to $29.00 in a report on Thursday, August 10th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Stratasys presently has a consensus rating of “Hold” and an average price target of $23.77.

Shares of Stratasys (NASDAQ:SSYS) opened at 22.08 on Friday. The company has a 50-day moving average of $23.02 and a 200-day moving average of $24.38. Stratasys has a 1-year low of $16.37 and a 1-year high of $30.88. The firm’s market capitalization is $1.17 billion.

Institutional investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. raised its stake in shares of Stratasys by 11.7% during the second quarter. Ameritas Investment Partners Inc. now owns 4,388 shares of the technology company’s stock worth $102,000 after purchasing an additional 458 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Stratasys during the second quarter worth approximately $184,000. Advisor Group Inc. raised its stake in shares of Stratasys by 6.8% during the second quarter. Advisor Group Inc. now owns 8,254 shares of the technology company’s stock worth $193,000 after purchasing an additional 528 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Stratasys by 24.8% during the second quarter. SG Americas Securities LLC now owns 8,436 shares of the technology company’s stock worth $197,000 after purchasing an additional 1,674 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Stratasys during the second quarter worth approximately $200,000. Institutional investors and hedge funds own 67.01% of the company’s stock.

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Stratasys Company Profile

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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Earnings History and Estimates for Stratasys (NASDAQ:SSYS)

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