Stratasys (SSYS) Projected to Post Earnings on Wednesday

Stratasys (NASDAQ:SSYS) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect Stratasys to post earnings of $0.11 per share and revenue of $151.01 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Stratasys Trading Down 3.3 %

Shares of SSYS opened at $10.70 on Wednesday. The company has a 50-day moving average of $10.10 and a two-hundred day moving average of $8.77. The stock has a market cap of $763.74 million, a P/E ratio of -8.11 and a beta of 1.31. Stratasys has a 12-month low of $6.05 and a 12-month high of $13.12.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $12.00 target price on shares of Stratasys in a research note on Monday, February 3rd. StockNews.com downgraded Stratasys from a “buy” rating to a “hold” rating in a research report on Wednesday. Craig Hallum increased their price objective on Stratasys from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $12.00 target price on shares of Stratasys in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Stratasys has a consensus rating of “Moderate Buy” and a consensus target price of $11.40.

Stratasys Company Profile

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.