Stratasys (NASDAQ:SSYS – Get Free Report) issued its earnings results on Wednesday. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01, Briefing.com reports. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The firm had revenue of $150.40 million for the quarter, compared to the consensus estimate of $151.01 million. During the same quarter in the prior year, the firm posted $0.02 earnings per share. The business’s revenue was down 3.8% on a year-over-year basis. Stratasys updated its FY 2025 guidance to 0.280-0.350 EPS and its FY25 guidance to $0.28-$0.35 EPS.
Stratasys Stock Performance
Shares of NASDAQ:SSYS opened at $9.74 on Friday. Stratasys has a 52-week low of $6.05 and a 52-week high of $12.88. The stock has a market capitalization of $695.22 million, a price-to-earnings ratio of -7.38 and a beta of 1.31. The stock’s 50-day simple moving average is $10.24 and its two-hundred day simple moving average is $8.90.
Analyst Ratings Changes
Several research firms recently issued reports on SSYS. StockNews.com cut Stratasys from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Cantor Fitzgerald upped their price target on Stratasys from $12.00 to $15.00 and gave the company an “overweight” rating in a report on Tuesday. Craig Hallum lifted their price objective on Stratasys from $12.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Needham & Company LLC upped their target price on shares of Stratasys from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $12.20.
About Stratasys
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.
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