Stratasys (NASDAQ:SSYS) Issues FY19 Earnings Guidance
Stratasys (NASDAQ:SSYS) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.55-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.60. The company issued revenue guidance of $640-655 million, compared to the consensus revenue estimate of $666.68 million.
NASDAQ:SSYS opened at $19.15 on Friday. The stock’s fifty day simple moving average is $20.48 and its 200-day simple moving average is $23.62. The company has a quick ratio of 3.02, a current ratio of 3.85 and a debt-to-equity ratio of 0.01. Stratasys has a 12-month low of $17.06 and a 12-month high of $30.60. The firm has a market capitalization of $1.12 billion, a P/E ratio of 83.26, a P/E/G ratio of 2.99 and a beta of 1.98.
Stratasys (NASDAQ:SSYS) last announced its quarterly earnings results on Wednesday, November 13th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.11. The company had revenue of $157.50 million during the quarter, compared to the consensus estimate of $162.11 million. Stratasys had a net margin of 0.69% and a return on equity of 1.30%. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.11 earnings per share. As a group, equities research analysts expect that Stratasys will post 0.27 earnings per share for the current year.
Stratasys Company Profile
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, 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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