Stratasys Ltd (NASDAQ:SSYS)’s traded shares stood at 0.52 million during the latest session, with the company’s beta value hitting 1.32. At the last check today, the stock’s price was $9.78, to imply a decrease of -3.26% or -$0.33 in intraday trading. The SSYS share’s 52-week high remains $14.93, putting it -52.66% down since that peak but still an impressive 38.14% since price per share fell to its 52-week low of $6.05. The company has a valuation of $688.90M, with an average of 0.91 million shares in intraday trading volume over the past 10 days and average of 587.68K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Stratasys Ltd (SSYS), translating to a mean rating of 1.71. Of 3 analyst(s) looking at the stock, 0 analyst(s) give SSYS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.11.
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Stratasys Ltd (NASDAQ:SSYS) trade information
After registering a -3.26% downside in the latest session, Stratasys Ltd (SSYS) has traded red over the past five days. The 5-day price performance for the stock is 25.22%, and 31.28% over 30 days. With these gigs, the year-to-date price performance is -31.51%. Short interest in Stratasys Ltd (NASDAQ:SSYS) saw shorts transact 1.55 million shares and set a 3.79 days time to cover.
The extremes give us $11 and $14 for target low and target high price respectively. As such, SSYS has been trading -43.15% off suggested target high and -12.47% from its likely low.
Stratasys Ltd (SSYS) estimates and forecasts
Looking at statistics comparing Stratasys Ltd share performance against respective industry, we note that the company has underperformed competitors. Stratasys Ltd (SSYS) shares are 0.82% up over the last 6 months, with its year-to-date growth rate lower than industry average at -100.00% against 6.50%. Revenue is forecast to grow 470.00% this quarter before jumping 266.65% for the next one. The rating firms project that company’s revenue will shrink -8.74% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 150.17M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 139.96M.Earnings reports from the last fiscal year show that sales brought in 156.34M and 144.05M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -3.94% before dropping -2.84% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -51.93% for the past 5-year period. While 2024 is set for a -65.47% return in earnings, projections for the next 5 years are at 30.00% annually.
SSYS Dividends
Stratasys Ltd has its next earnings report out on 2024-Nov-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Stratasys Ltd (NASDAQ:SSYS)’s Major holders
Stratasys Ltd insiders hold 19.35% of total outstanding shares, with institutional holders owning 51.97% of the shares at 64.44% float percentage. In total, 51.97% institutions holds shares in the company, led by RUBRIC CAPITAL MANAGEMENT LP. As of 2024-06-30, the company held over 5.97 million shares (or 8.5276% of shares), all amounting to roughly $50.08 million.
The next major institution holding the largest number of shares is NEUBERGER BERMAN GROUP LLC with 3.72 million shares, or about 5.3139% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $31.21 million.
