Stratasys Ltd (NASDAQ:SSYS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Stratasys Ltd (NASDAQ:SSYS) have been given a consensus rating of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $32.00.

Several research firms recently commented on SSYS. BidaskClub upgraded shares of Stratasys from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. William Blair reiterated a “sell” rating on shares of Stratasys in a research report on Monday, October 21st. Finally, ValuEngine upgraded shares of Stratasys from a “sell” rating to a “hold” rating in a research report on Monday, November 4th.

Several institutional investors have recently added to or reduced their stakes in SSYS. Tower Research Capital LLC TRC purchased a new stake in shares of Stratasys in the 3rd quarter worth about $33,000. Stonebridge Capital Advisors LLC acquired a new position in Stratasys in the 2nd quarter valued at about $56,000. Aperio Group LLC acquired a new position in Stratasys in the 2nd quarter valued at about $125,000. Panagora Asset Management Inc. acquired a new position in Stratasys in the 2nd quarter valued at about $125,000. Finally, CSat Investment Advisory L.P. acquired a new position in Stratasys in the 2nd quarter valued at about $136,000. Institutional investors and hedge funds own 83.05% of the company’s stock.

Shares of Stratasys stock traded down $0.35 on Monday, hitting $20.69. The company’s stock had a trading volume of 49,332 shares, compared to its average volume of 544,365. Stratasys has a 52-week low of $17.06 and a 52-week high of $30.60. The company has a quick ratio of 3.02, a current ratio of 3.85 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average price of $20.73 and a 200-day moving average price of $23.71. The company has a market capitalization of $1.15 billion, a P/E ratio of 89.96, a price-to-earnings-growth ratio of 3.08 and a beta of 1.98.

About Stratasys

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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