Stratasys Sees Unusually High Options Volume (NASDAQ:SSYS)

Stratasys, Ltd. (NASDAQ:SSYS) saw unusually large options trading on Friday. Traders purchased 5,504 call options on the stock. This represents an increase of 52% compared to the typical daily volume of 3,611 call options.

Institutional Investors Weigh In On Stratasys

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new position in Stratasys in the third quarter valued at $34,000. Raymond James Financial Inc. acquired a new stake in shares of Stratasys in the 2nd quarter valued at about $35,000. State of Alaska Department of Revenue acquired a new stake in shares of Stratasys in the 3rd quarter valued at about $45,000. Osaic Holdings Inc. increased its holdings in shares of Stratasys by 66.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,199 shares of the technology company’s stock valued at $94,000 after acquiring an additional 3,282 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Stratasys in the 2nd quarter valued at $113,000. 75.77% of the stock is currently owned by institutional investors and hedge funds.

Stratasys Price Performance

Stratasys stock opened at $11.19 on Friday. Stratasys has a 1 year low of $8.12 and a 1 year high of $12.88. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.69 and a current ratio of 3.65. The company’s 50 day simple moving average is $9.24 and its 200-day simple moving average is $10.31. The company has a market capitalization of $952.19 million, a price-to-earnings ratio of -6.91 and a beta of 1.43.

Stratasys (NASDAQ:SSYS) last issued its quarterly earnings results on Thursday, November 13th. The technology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. The company had revenue of $136.97 million during the quarter, compared to analysts’ expectations of $136.60 million. Stratasys had a negative net margin of 22.69% and a negative return on equity of 0.72%. The firm’s revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.01 EPS. Stratasys has set its FY 2025 guidance at 0.130-0.160 EPS. As a group, equities research analysts expect that Stratasys will post -0.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SSYS shares. Weiss Ratings restated a “sell (d-)” rating on shares of Stratasys in a research report on Wednesday, October 8th. Cantor Fitzgerald raised their price objective on Stratasys from $13.00 to $13.50 and gave the company an “overweight” rating in a report on Friday, November 14th. Needham & Company LLC dropped their target price on shares of Stratasys from $13.00 to $12.00 and set a “buy” rating for the company in a report on Friday, November 14th. Finally, UBS Group reiterated an “overweight” rating on shares of Stratasys in a research report on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Stratasys has a consensus rating of “Moderate Buy” and a consensus target price of $12.75.

Stratasys Company Profile

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.