Stratasys (NASDAQ:SSYS) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Stratasys (NASDAQ:SSYS) issued its quarterly earnings results on Wednesday. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01, Briefing.com reports. Stratasys had a negative return on equity of 3.75% and a negative net margin of 16.13%. The business had revenue of $150.40 million during the quarter, compared to analysts’ expectations of $151.01 million. During the same period in the previous year, the company posted $0.02 earnings per share. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. Stratasys updated its FY 2025 guidance to 0.280-0.350 EPS and its FY25 guidance to $0.28-$0.35 EPS.

Stratasys Stock Down 4.8 %

Shares of NASDAQ SSYS traded down $0.50 during trading on Thursday, reaching $9.86. The company had a trading volume of 210,890 shares, compared to its average volume of 564,009. The stock has a market cap of $703.43 million, a P/E ratio of -7.42 and a beta of 1.31. The company’s fifty day moving average price is $10.23 and its 200-day moving average price is $8.90. Stratasys has a 12 month low of $6.05 and a 12 month high of $12.88.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SSYS. Craig Hallum increased their target price on Stratasys from $12.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Cantor Fitzgerald increased their price objective on shares of Stratasys from $12.00 to $15.00 and gave the stock an “overweight” rating in a research note on Tuesday. Needham & Company LLC raised their target price on shares of Stratasys from $12.00 to $13.00 and gave the company a “buy” rating in a report on Thursday. Finally, StockNews.com lowered shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Stratasys presently has an average rating of “Moderate Buy” and an average price target of $12.20.

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.