Stratasys, Ltd. (SSYS) to Release Quarterly Earnings on Monday
Stratasys, Ltd. (NASDAQ:SSYS) will issue its quarterly earnings data before the market opens on Monday, November 13th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Stratasys has set its FY17 guidance at $0.19-0.37 EPS.
Stratasys (NASDAQ:SSYS) last announced its earnings results on Wednesday, August 9th. The technology company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.01 by $0.16. The business had revenue of $170.00 million for the quarter, compared to the consensus estimate of $167.82 million. Stratasys had a positive return on equity of 0.29% and a negative net margin of 8.33%. The company’s revenue was down 1.2% on a year-over-year basis. During the same period last year, the business posted $0.12 EPS. On average, analysts expect Stratasys to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Stratasys, Ltd. (SSYS) opened at $21.23 on Monday. The company has a market capitalization of $1,122.09, a PE ratio of 303.29, a P/E/G ratio of 53.08 and a beta of 1.40. The company has a current ratio of 3.32, a quick ratio of 2.65 and a debt-to-equity ratio of 0.02. Stratasys, Ltd. has a twelve month low of $16.37 and a twelve month high of $30.88.
SSYS has been the topic of several analyst reports. Zacks Investment Research downgraded Stratasys from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. Susquehanna Bancshares Inc upgraded Stratasys from a “neutral” rating to a “positive” rating and set a $22.00 target price on the stock in a report on Friday, October 20th. ValuEngine downgraded Stratasys from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Cowen and Company reiterated a “hold” rating and set a $23.00 target price on shares of Stratasys in a report on Sunday, September 17th. Finally, UBS AG upgraded Stratasys from a “neutral” rating to a “positive” rating in a report on Friday, October 20th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $24.24.
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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