Stratasys, Ltd. (NASDAQ:SSYS) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Stratasys, Ltd. (NASDAQ:SSYS) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.33.

A number of analysts have recently issued reports on SSYS shares. Weiss Ratings restated a “sell (d-)” rating on shares of Stratasys in a research report on Tuesday, August 18th. Zacks Research cut Stratasys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th.

Stratasys Stock Performance

NASDAQ SSYS opened at $8.40 on Tuesday. Stratasys has a twelve month low of $7.34 and a twelve month high of $12.81. The stock has a market capitalization of $723.83 million, a PE ratio of -6.27 and a beta of 1.93. The stock has a 50-day simple moving average of $8.12 and a 200 day simple moving average of $8.40.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Wednesday, July 1st. The technology company reported $0.03 earnings per share for the quarter. Stratasys had a negative return on equity of 1.77% and a negative net margin of 21.05%.The company had revenue of $137.61 million during the quarter. As a group, equities research analysts forecast that Stratasys will post -0.19 EPS for the current fiscal year.

Institutional Investors Weigh In On Stratasys

A number of institutional investors have recently added to or reduced their stakes in SSYS. Integrated Wealth Concepts LLC acquired a new position in shares of Stratasys in the 2nd quarter worth approximately $27,000. Parallel Advisors LLC boosted its stake in Stratasys by 1,071.4% in the 1st quarter. Parallel Advisors LLC now owns 3,807 shares of the technology company’s stock valued at $30,000 after buying an additional 3,482 shares in the last quarter. NFSG Corp acquired a new stake in Stratasys in the 1st quarter valued at $45,000. ACT Capital Management LLC bought a new stake in Stratasys in the fourth quarter valued at $87,000. Finally, Inceptionr LLC bought a new stake in Stratasys in the first quarter valued at $100,000. 75.77% of the stock is owned by institutional investors and hedge funds.

About Stratasys

Stratasys Ltd. is an additive manufacturing company that develops and supplies 3D printing systems, materials, software and related services for industrial, medical, educational and consumer applications. Its technologies are designed to produce prototypes, tooling, production parts and customized products directly from digital designs.

The company’s product portfolio includes polymer-based 3D printers using technologies such as Fused Deposition Modeling, PolyJet and stereolithography.