Stratasys (NASDAQ:SSYS) Updates FY 2025 Earnings Guidance
Stratasys (NASDAQ:SSYS) updated its FY 2025 earnings guidance, projecting EPS of 0.130-0.160, significantly higher than the consensus estimate of 0.010. The company did not provide revenue guidance. Analysts have mixed ratings on the stock, with a consensus rating of 'Moderate Buy' and an average price target of $14.33. Stratasys' stock opened at $9.54, with a market cap of $811.79 million. Institutional investors have been adjusting their positions in the company.
Stratasys (NASDAQ:SSYS - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.130-0.160 for the period, compared to the consensus earnings per share estimate of 0.010. The company issued revenue guidance of -, compared to the consensus revenue estimate of $553.1 million.
Wall Street Analyst Weigh In
- Stratasys Remains the Belle of the 3D Printing Ball
Several equities analysts have recently commented on the company. Weiss Ratings restated a "sell (d-)" rating on shares of Stratasys in a research note on Wednesday, October 8th. Needham & Company LLC cut their target price on shares of Stratasys from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Finally, Wall Street Zen lowered shares of Stratasys from a "buy" rating to a "hold" rating in a report on Sunday, August 17th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $14.33.
View Our Latest Research Report on Stratasys
Stratasys Stock Performance
- Will Stratasys Continue to be a Runaway Bride?
Stratasys stock opened at $9.54 on Thursday. The stock has a market cap of $811.79 million, a PE ratio of -7.12 and a beta of 1.61. The stock has a 50-day moving average of $10.80 and a two-hundred day moving average of $10.74. Stratasys has a one year low of $8.36 and a one year high of $12.88.
Stratasys (NASDAQ:SSYS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The technology company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The firm had revenue of $138.09 million for the quarter, compared to the consensus estimate of $137.15 million. Stratasys had a negative net margin of 17.42% and a negative return on equity of 1.06%. The company's revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.04) earnings per share. As a group, sell-side analysts predict that Stratasys will post -0.4 EPS for the current fiscal year.
Institutional Trading of Stratasys
- Nano Dimension Prints Growth: Enters Hypergrowth Phase
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its holdings in Stratasys by 8.3% during the third quarter. Envestnet Asset Management Inc. now owns 15,680 shares of the technology company's stock worth $176,000 after acquiring an additional 1,199 shares during the period. Osaic Holdings Inc. boosted its position in Stratasys by 66.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,199 shares of the technology company's stock worth $94,000 after purchasing an additional 3,282 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Stratasys in the 2nd quarter valued at $113,000. Tidal Investments LLC boosted its holdings in Stratasys by 11.9% during the second quarter. Tidal Investments LLC now owns 52,794 shares of the technology company's stock worth $606,000 after buying an additional 5,607 shares in the last quarter. Finally, Rubric Capital Management LP grew its position in Stratasys by 18.3% during the second quarter. Rubric Capital Management LP now owns 7,803,097 shares of the technology company's stock valued at $89,502,000 after buying an additional 1,205,764 shares during the period. Institutional investors and hedge funds own 75.77% of the company's stock.
About Stratasys
(Get Free Report)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.
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