In last trading session, Stratasys Ltd (NASDAQ:SSYS) saw 0.6 million shares changing hands with its beta currently measuring 1.19. Company’s recent per share price level of $8.14 trading at $0.15 or 1.88% at ring of the bell on the day assigns it a market valuation of $573.38M. That closing price of SSYS’s stock is at a discount of -83.42% from its 52-week high price of $14.93 and is indicating a premium of 25.68% from its 52-week low price of $6.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.57 million shares which gives us an average trading volume of 525.10K if we extend that period to 3-months.

For Stratasys Ltd (SSYS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.

Stratasys Ltd (NASDAQ:SSYS) trade information

Stratasys Ltd’s shares saw a change of -43.00% in year-to-date performance and have moved 7.39% in past 5-day. Stratasys Ltd (NASDAQ:SSYS) showed a performance of 5.99% in past 30-days. Number of shares sold short was 1.46 million shares which calculate 2.35 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 32.17% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -35.14% in reaching the projected high whereas dropping to the targeted low would mean a loss of -35.14% for stock’s current value.

Stratasys Ltd (SSYS) estimates and forecasts

Statistics highlight that Stratasys Ltd is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -29.95% of value to its shares in past 6 months, showing an annual growth rate of -100.00% while that of industry is 30.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -8.90% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 139.49M for the same. And 6 analysts are in estimates of company making revenue of 150.31M in the next quarter. Company posted 162.13M and 156.34M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -51.93% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -86.68% while estimates for its earnings growth in next 5 years are of 30.00%.

Stratasys Ltd (NASDAQ:SSYS)’s Major holders

Insiders are in possession of 19.41% of company’s total shares while institution are holding 53.29 percent of that, with stock having share float percentage of 66.13%. Investors also watch the number of corporate investors in a company very closely, which is 53.29% institutions for Stratasys Ltd that are currently holding shares of the company. RUBRIC CAPITAL MANAGEMENT LP is the top institutional holder at SSYS for having 5.97 million shares of worth $50.08 million. And as of 2024-06-30, it was holding 8.5276 of the company’s outstanding shares.

The second largest institutional holder is NEUBERGER BERMAN GROUP LLC, which was holding about 3.72 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.3139 of outstanding shares, having a total worth of $31.21 million.