Equities analysts forecast that Stratasys Ltd (NASDAQ:SSYS) will announce earnings of $0.21 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Stratasys’ earnings, with estimates ranging from $0.19 to $0.22. Stratasys also reported earnings of $0.21 per share in the same quarter last year. The firm is expected to report its next quarterly earnings report on Thursday, March 5th.

On average, analysts expect that Stratasys will report full-year earnings of $0.59 per share for the current financial year, with EPS estimates ranging from $0.57 to $0.60. For the next fiscal year, analysts anticipate that the company will post earnings of $0.64 per share, with EPS estimates ranging from $0.60 to $0.69. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Stratasys.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.11. The business had revenue of $157.50 million during the quarter, compared to the consensus estimate of $162.11 million. Stratasys had a positive return on equity of 1.18% and a negative net margin of 0.27%. Stratasys’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share.

A number of research firms recently issued reports on SSYS. Piper Jaffray Companies reiterated an “overweight” rating and set a $26.00 price objective (down from $32.00) on shares of Stratasys in a report on Wednesday, November 13th. William Blair reiterated a “sell” rating on shares of Stratasys in a report on Monday, October 21st. Loop Capital decreased their price objective on Stratasys to $18.00 and set a “hold” rating for the company in a report on Thursday, November 14th. ValuEngine upgraded Stratasys from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Finally, BidaskClub downgraded Stratasys from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $21.67.

Shares of NASDAQ:SSYS traded down $0.33 during mid-day trading on Monday, reaching $18.11. 523,963 shares of the stock were exchanged, compared to its average volume of 559,808. The company has a quick ratio of 2.98, a current ratio of 3.93 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.00 billion, a P/E ratio of 78.74, a P/E/G ratio of 2.11 and a beta of 1.97. Stratasys has a one year low of $17.06 and a one year high of $30.60. The stock’s 50 day simple moving average is $19.85 and its 200-day simple moving average is $23.14.

A number of hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in Stratasys by 1.2% in the third quarter. California State Teachers Retirement System now owns 80,125 shares of the technology company’s stock valued at $1,707,000 after purchasing an additional 957 shares in the last quarter. Phoenix Holdings Ltd. bought a new position in Stratasys in the third quarter valued at approximately $578,000. State Street Corp grew its stake in Stratasys by 0.7% in the third quarter. State Street Corp now owns 988,854 shares of the technology company’s stock valued at $21,068,000 after purchasing an additional 7,129 shares in the last quarter. Wellington Shields Capital Management LLC grew its stake in Stratasys by 1.4% in the third quarter. Wellington Shields Capital Management LLC now owns 71,000 shares of the technology company’s stock valued at $1,513,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new position in Stratasys in the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 78.10% of the company’s stock.

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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Earnings History and Estimates for Stratasys (NASDAQ:SSYS)

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