Stratasys (NASDAQ:SSYS) announced its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.04, Bloomberg Earnings reports. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. The business had revenue of $155.90 million for the quarter, compared to the consensus estimate of $160.97 million. Stratasys’s quarterly revenue was down .8% compared to the same quarter last year. Stratasys updated its FY17 guidance to $0.40-0.48 EPS.
Shares of Stratasys (NASDAQ:SSYS) opened at $21.78 on Friday. Stratasys has a 12-month low of $16.37 and a 12-month high of $30.88. The stock has a market cap of $1,180.00, a P/E ratio of 162.14, a price-to-earnings-growth ratio of 6.88 and a beta of 1.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.58 and a quick ratio of 2.82.
A number of equities analysts recently weighed in on SSYS shares. UBS upgraded shares of Stratasys from a “neutral” rating to a “positive” rating in a report on Friday, October 20th. Cowen reiterated a “hold” rating and set a $23.00 price target on shares of Stratasys in a research report on Sunday, September 17th. ValuEngine downgraded Stratasys from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Citigroup set a $29.00 price objective on Stratasys and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Finally, Zacks Investment Research lowered Stratasys from a “buy” rating to a “hold” rating in a research report on Thursday, September 21st. Five analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $24.74.
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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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