Equities research analysts expect Stratasys, Ltd. (NASDAQ:SSYS) to report $174.42 million in sales for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Stratasys’ earnings. The highest sales estimate is $176.10 million and the lowest is $173.00 million. Stratasys posted sales of $175.30 million in the same quarter last year, which suggests a negative year-over-year growth rate of 0.5%. The company is expected to report its next quarterly earnings results on Thursday, March 8th.

On average, analysts expect that Stratasys will report full-year sales of $174.42 million for the current year, with estimates ranging from $662.28 million to $665.10 million. For the next financial year, analysts anticipate that the company will post sales of $695.51 million per share, with estimates ranging from $681.40 million to $732.50 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Stratasys.

Stratasys (NASDAQ:SSYS) last issued its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.04. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. The company had revenue of $155.90 million for the quarter, compared to analysts’ expectations of $160.97 million. The firm’s revenue was down .8% compared to the same quarter last year.

Several brokerages have weighed in on SSYS. Zacks Investment Research raised Stratasys from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Friday, September 22nd. Susquehanna Bancshares raised Stratasys from a “neutral” rating to a “positive” rating and set a $22.00 price objective on the stock in a research note on Friday, October 20th. BidaskClub cut Stratasys from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. KeyCorp reissued a “hold” rating on shares of Stratasys in a research note on Friday, October 27th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Stratasys in a research note on Friday, October 13th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Stratasys has a consensus rating of “Hold” and a consensus target price of $24.87.

Large investors have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. grew its stake in Stratasys by 11.7% in the second quarter. Ameritas Investment Partners Inc. now owns 4,388 shares of the technology company’s stock worth $102,000 after purchasing an additional 458 shares in the last quarter. Advisor Group Inc. grew its stake in Stratasys by 6.8% in the second quarter. Advisor Group Inc. now owns 8,254 shares of the technology company’s stock worth $193,000 after purchasing an additional 528 shares in the last quarter. SG Americas Securities LLC grew its stake in Stratasys by 24.8% in the second quarter. SG Americas Securities LLC now owns 8,436 shares of the technology company’s stock worth $197,000 after purchasing an additional 1,674 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in Stratasys in the second quarter worth approximately $200,000. Finally, Chicago Equity Partners LLC bought a new position in Stratasys in the third quarter worth approximately $214,000. 70.99% of the stock is currently owned by institutional investors.

Shares of Stratasys (NASDAQ SSYS) opened at $21.62 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.82 and a current ratio of 3.58. Stratasys has a 52 week low of $18.04 and a 52 week high of $30.88. The firm has a market capitalization of $1,140.00, a P/E ratio of -20.40, a price-to-earnings-growth ratio of 3.84 and a beta of 1.41.

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Stratasys Company Profile

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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