Stratasys (SSYS) Downgraded by ValuEngine

Stratasys (NASDAQ:SSYS) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

SSYS has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Stratasys from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Friday, November 17th. BidaskClub upgraded shares of Stratasys from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Susquehanna Bancshares upgraded shares of Stratasys from a “neutral” rating to a “positive” rating and set a $22.00 target price for the company in a research note on Friday, October 20th. UBS Group upgraded shares of Stratasys from a “neutral” rating to a “positive” rating in a research note on Friday, October 20th. Finally, B. Riley cut shares of Stratasys from a “buy” rating to a “neutral” rating and reduced their target price for the company from $33.00 to $30.00 in a research note on Wednesday, November 1st. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, four have assigned 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 $24.94.

Shares of Stratasys (NASDAQ SSYS) traded down $1.15 on Friday, reaching $20.21. 627,601 shares of the company were exchanged, compared to its average volume of 614,871. Stratasys has a 52-week low of $18.04 and a 52-week high of $30.88. The stock has a market capitalization of $1,080.00, a P/E ratio of -19.07, a PEG ratio of 3.67 and a beta of 1.49. 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 announced its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.04. Stratasys had a negative net margin of 6.74% and a positive return on equity of 0.62%. The firm had revenue of $155.90 million for the quarter, compared to the consensus estimate of $160.97 million. Stratasys’s revenue was down .8% compared to the same quarter last year. equities analysts predict that Stratasys will post 0.17 earnings per share for the current year.

Institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. lifted its stake in shares of Stratasys by 11.7% in the second quarter. Ameritas Investment Partners Inc. now owns 4,388 shares of the technology company’s stock worth $102,000 after buying an additional 458 shares during the last quarter. Advisor Group Inc. lifted its stake in shares of Stratasys by 6.8% in the second quarter. Advisor Group Inc. now owns 8,254 shares of the technology company’s stock worth $193,000 after buying an additional 528 shares during the last quarter. Chicago Equity Partners LLC acquired a new stake in shares of Stratasys in the third quarter worth $214,000. Nomura Holdings Inc. acquired a new stake in shares of Stratasys in the second quarter worth $227,000. Finally, Thompson Investment Management Inc. acquired a new stake in shares of Stratasys in the third quarter worth $245,000. Institutional investors and hedge funds own 71.02% 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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Analyst Recommendations for Stratasys (NASDAQ:SSYS)

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