Press coverage about Stratasys (NASDAQ:SSYS) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Stratasys earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 48.1523877433441 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Dental 3D Printing Market 2018 Accrues by Revenue with a Staggering CAGR of 24.5% | Vital Players like Stratasys … (medgadget.com)
- Stratasys Ltd. (NasdaqGS:SSYS) Price to Book & Valuation Review (baycityobserver.com)
- Why Stratasys Ltd’s Shares Popped 28.5% in August (fool.com)
- Why Stratasys Ltd's Shares Popped 28.5% in August (finance.yahoo.com)
- Head to Head Comparison: Mitek Systems (MITK) & Stratasys (SSYS) (americanbankingnews.com)
NASDAQ:SSYS traded down $0.06 during mid-day trading on Friday, hitting $23.10. The company’s stock had a trading volume of 426,295 shares, compared to its average volume of 625,362. Stratasys has a fifty-two week low of $17.17 and a fifty-two week high of $26.17. The company has a quick ratio of 2.97, a current ratio of 3.66 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.24 billion, a PE ratio of 177.69, a price-to-earnings-growth ratio of 8.08 and a beta of 1.68.
Stratasys (NASDAQ:SSYS) last posted its quarterly earnings results on Wednesday, August 1st. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.06. Stratasys had a negative net margin of 5.57% and a positive return on equity of 0.78%. The firm had revenue of $170.20 million during the quarter, compared to analyst estimates of $167.06 million. During the same quarter in the prior year, the business posted $0.17 earnings per share. The company’s quarterly revenue was up .1% compared to the same quarter last year. research analysts expect that Stratasys will post 0.18 EPS for the current year.
A number of research analysts have recently commented on the stock. ValuEngine lowered shares of Stratasys from a “hold” rating to a “sell” rating in a research report on Friday. BidaskClub lowered shares of Stratasys from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research lowered shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Monday, August 20th. Bank of America upped their price objective on shares of Stratasys from $17.00 to $18.00 and gave the company an “underperform” rating in a research report on Thursday, August 2nd. Finally, Susquehanna Bancshares set a $25.00 price target on shares of Stratasys and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $22.78.
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, small and large businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content.
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