Stratasys (NASDAQ:SSYS) Releases Earnings Results, Beats Estimates By $0.01 EPS

Stratasys (NASDAQ:SSYS) posted its quarterly earnings results on Wednesday. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01, Briefing.com reports. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The business had revenue of $150.40 million during the quarter, compared to analyst estimates of $151.01 million. During the same period in the prior year, the firm earned $0.02 earnings per share. The firm’s revenue was down 3.8% compared to the same quarter last year. Stratasys updated its FY 2025 guidance to 0.280-0.350 EPS and its FY25 guidance to $0.28-$0.35 EPS.

Stratasys Trading Down 4.0 %

NASDAQ:SSYS traded down $0.41 during trading hours on Thursday, hitting $9.94. 258,663 shares of the company traded hands, compared to its average volume of 564,113. Stratasys has a twelve month low of $6.05 and a twelve month high of $12.88. The stock has a market capitalization of $709.21 million, a price-to-earnings ratio of -7.49 and a beta of 1.31. The firm has a 50-day moving average of $10.23 and a 200 day moving average of $8.90.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SSYS. Cantor Fitzgerald increased their price objective on Stratasys from $12.00 to $15.00 and gave the stock an “overweight” rating in a report on Tuesday. StockNews.com lowered Stratasys from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Needham & Company LLC boosted their target price on Stratasys from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Craig Hallum lifted their target price on shares of Stratasys from $12.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.20.

Stratasys Company Profile

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.