Stratasys, Ltd. (NASDAQ:SSYS) has been assigned a consensus rating of “Hold” from the twenty ratings firms that are currently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $24.65.

A number of research firms have weighed in on SSYS. BidaskClub raised Stratasys from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Zacks Investment Research raised Stratasys from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a report on Monday, January 15th. KeyCorp reaffirmed a “hold” rating on shares of Stratasys in a report on Friday, October 27th. B. Riley reaffirmed a “neutral” rating and set a $30.00 target price (down previously from $33.00) on shares of Stratasys in a report on Thursday, November 2nd. Finally, FBR & Co lowered Stratasys from a “buy” rating to a “neutral” rating in a report on Wednesday, November 1st.

Stratasys (NASDAQ:SSYS) traded down $0.80 during mid-day trading on Tuesday, reaching $20.56. The company’s stock had a trading volume of 109,341 shares, compared to its average volume of 590,820. The company has a quick ratio of 2.82, a current ratio of 3.58 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1,137.99 and a price-to-earnings ratio of -23.94. Stratasys has a 1-year low of $18.04 and a 1-year high of $30.88.

Stratasys (NASDAQ:SSYS) last posted its earnings results on Tuesday, November 14th. The technology company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.04. The business had revenue of $155.90 million during the quarter, compared to analyst estimates of $160.97 million. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. The company’s revenue was down .8% compared to the same quarter last year. sell-side analysts expect that Stratasys will post 0.17 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its stake in Stratasys by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 1,976,182 shares of the technology company’s stock worth $45,690,000 after buying an additional 17,809 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Stratasys by 46.1% in the third quarter. Dimensional Fund Advisors LP now owns 1,795,494 shares of the technology company’s stock worth $41,511,000 after buying an additional 566,704 shares in the last quarter. Douglas Lane & Associates LLC boosted its stake in Stratasys by 8.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 1,133,221 shares of the technology company’s stock worth $22,619,000 after buying an additional 84,799 shares in the last quarter. AXA boosted its stake in Stratasys by 38.1% in the third quarter. AXA now owns 1,058,110 shares of the technology company’s stock worth $24,464,000 after buying an additional 292,084 shares in the last quarter. Finally, State Street Corp boosted its stake in Stratasys by 6.5% in the second quarter. State Street Corp now owns 881,966 shares of the technology company’s stock worth $20,559,000 after buying an additional 53,627 shares in the last quarter. 71.02% of the stock is owned by institutional investors and hedge funds.

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About Stratasys

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.

Analyst Recommendations for Stratasys (NASDAQ:SSYS)

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