Shares of Stratasys, Ltd. (NASDAQ:SSYS) were down 5.4% on Friday . The company traded as low as $20.15 and last traded at $20.21. Approximately 634,993 shares changed hands during trading, an increase of 3% from the average daily volume of 617,061 shares. The stock had previously closed at $21.36.

A number of analysts have weighed in on SSYS shares. UBS Group raised shares of Stratasys from a “neutral” rating to a “positive” rating in a report on Friday, October 20th. BidaskClub raised shares of Stratasys from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Zacks Investment Research lowered shares of Stratasys from a “buy” rating to a “hold” rating and set a $24.00 price target for the company. in a research report on Friday, January 5th. Citigroup set a $29.00 price target on shares of Stratasys and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, B. Riley restated a “hold” rating and set a $30.00 price target on shares of Stratasys in a research report on Wednesday, November 15th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $24.94.

The stock has a market cap of $1,140.00, a PE ratio of -19.07, a P/E/G ratio of 3.89 and a beta of 1.49. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.58 and a quick ratio of 2.82.

Stratasys (NASDAQ:SSYS) last released its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.08 EPS for the quarter, topping the 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 negative net margin of 6.74% and a positive return on equity of 0.62%. The company’s quarterly revenue was down .8% compared to the same quarter last year. equities analysts anticipate that Stratasys, Ltd. will post 0.17 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its position in Stratasys by 0.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,976,182 shares of the technology company’s stock valued at $45,690,000 after buying an additional 17,809 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Stratasys by 46.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,795,494 shares of the technology company’s stock valued at $41,511,000 after buying an additional 566,704 shares in the last quarter. Douglas Lane & Associates LLC grew its position in Stratasys by 8.1% in the 4th quarter. Douglas Lane & Associates LLC now owns 1,133,221 shares of the technology company’s stock valued at $22,619,000 after buying an additional 84,799 shares in the last quarter. AXA grew its position in Stratasys by 38.1% in the 3rd quarter. AXA now owns 1,058,110 shares of the technology company’s stock valued at $24,464,000 after buying an additional 292,084 shares in the last quarter. Finally, State Street Corp grew its position in Stratasys by 6.5% in the 2nd quarter. State Street Corp now owns 881,966 shares of the technology company’s stock valued at $20,559,000 after buying an additional 53,627 shares in the last quarter. Hedge funds and other institutional investors own 71.02% of the company’s stock.

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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.

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