Equities research analysts expect Stratasys, Ltd. (NASDAQ:SSYS) to report sales of $174.53 million for the current quarter, Zacks reports. Five analysts have issued estimates for Stratasys’ earnings, with estimates ranging from $173.26 million to $176.10 million. Stratasys posted sales of $175.30 million during the same quarter last year, which suggests a negative year-over-year growth rate of 0.4%. The company is scheduled to issue its next earnings report before the market opens on Wednesday, February 28th.
On average, analysts expect that Stratasys will report full year sales of $174.53 million for the current fiscal year, with estimates ranging from $662.28 million to $665.10 million. For the next year, analysts forecast that the company will post sales of $699.62 million per share, with estimates ranging from $682.11 million to $732.50 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Stratasys.
Stratasys (NASDAQ:SSYS) last posted its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.04. The company had revenue of $155.90 million for the quarter, compared to analysts’ expectations of $160.97 million. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. The business’s quarterly revenue was down .8% compared to the same quarter last year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Investment Partners Inc. grew its position in Stratasys by 11.7% during the 2nd 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 in the last quarter. Advisor Group Inc. grew its position in Stratasys by 6.8% during the 2nd quarter. Advisor Group Inc. now owns 8,254 shares of the technology company’s stock worth $193,000 after purchasing an additional 528 shares in the last quarter. Investment Management of Virginia LLC purchased a new position in shares of Stratasys during the 4th quarter valued at $200,000. Chicago Equity Partners LLC purchased a new position in shares of Stratasys during the 3rd quarter valued at $214,000. Finally, Nomura Holdings Inc. purchased a new position in shares of Stratasys during the 2nd quarter valued at $227,000. Hedge funds and other institutional investors own 70.24% of the company’s stock.
Stratasys (NASDAQ SSYS) opened at $20.21 on Wednesday. The stock has a market capitalization of $1,060.00, a price-to-earnings ratio of -19.07, a price-to-earnings-growth ratio of 3.57 and a beta of 1.49. Stratasys has a twelve month low of $18.04 and a twelve month 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.
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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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