Stratasys, Ltd. (NASDAQ:SSYS) has earned an average recommendation of “Hold” from the twenty-one ratings firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $24.51.

SSYS has been the subject of several analyst reports. BidaskClub lowered Stratasys from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th. Zacks Investment Research downgraded Stratasys from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th. ValuEngine downgraded Stratasys from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Cowen reissued a “hold” rating and set a $23.00 price target on shares of Stratasys in a research report on Sunday, September 17th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Stratasys in a research report on Friday, October 13th.

Several hedge funds and other institutional investors have recently modified their holdings of the company. AXA boosted its position in shares of Stratasys by 38.1% in the third quarter. AXA now owns 1,058,110 shares of the technology company’s stock worth $24,464,000 after buying an additional 292,084 shares during the period. California Public Employees Retirement System boosted its position in shares of Stratasys by 12.6% in the third quarter. California Public Employees Retirement System now owns 99,746 shares of the technology company’s stock worth $2,306,000 after buying an additional 11,146 shares during the period. Vident Investment Advisory LLC boosted its position in shares of Stratasys by 71.9% in the third quarter. Vident Investment Advisory LLC now owns 542,814 shares of the technology company’s stock worth $12,550,000 after buying an additional 227,087 shares during the period. Alyeska Investment Group L.P. boosted its position in shares of Stratasys by 280.2% in the third quarter. Alyeska Investment Group L.P. now owns 855,447 shares of the technology company’s stock worth $19,778,000 after buying an additional 630,447 shares during the period. Finally, Royce & Associates LP boosted its position in shares of Stratasys by 5.4% in the third quarter. Royce & Associates LP now owns 486,046 shares of the technology company’s stock worth $11,237,000 after buying an additional 25,000 shares during the period. 73.36% of the stock is owned by institutional investors.

Stratasys (SSYS) traded down $0.33 during trading on Monday, reaching $20.94. The company had a trading volume of 508,018 shares, compared to its average volume of 777,110. The firm has a market capitalization of $1,131.61, a price-to-earnings ratio of 151.93, a P/E/G ratio of 6.45 and a beta of 1.40. Stratasys has a 52-week low of $16.37 and a 52-week high of $30.88. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.58 and a quick ratio of 2.82.

Stratasys (NASDAQ:SSYS) last released its earnings results on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.04. The firm had revenue of $155.90 million during the quarter, compared to analyst estimates of $160.97 million. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. The firm’s revenue was down .8% compared to the same quarter last year. equities research analysts forecast that Stratasys will post 0.17 EPS for the current fiscal year.

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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.

Analyst Recommendations for Stratasys (NASDAQ:SSYS)

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