Stratasys Ltd. (NASDAQ: SSYS) is 41.12% higher on its value in year-to-date trading and has touched a low of $11.89 and a high of $24.36 in the current 52-week trading range. The SSYS stock was last observed hovering at around $21.04 in the last trading session, with the day’s gains setting it 8.2% off its average median price target of $18.00 for the next 12 months. It is also -21.83% off the consensus price target high of $24.00 offered by 8 analysts, but current levels are -108.86% lower than the price target low of $14.00 for the same period.
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Currently trading at $29.24, the stock is 43.18% and 72.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.26 million and changing 38.97% at the moment leaves the stock 83.66% off its SMA200. SSYS registered 39.74% gain for a year compared to 6-month gain of 96.24%. The firm has a 50-day simple moving average (SMA 50) of $18.64 and a 200-day simple moving average (SMA200) of $15.47.
The stock witnessed a 69.12% loss in the last 1 month and extending the period to 3 months gives it a 106.94%, and is 41.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.84% over the week and 6.97% over the month.
Stratasys Ltd. (SSYS) has around 2000 employees, a market worth around $1.61B and $538.60M in sales. Fwd P/E is 400.55. Profit margin for the company is -85.00%. Distance from 52-week low is 145.92% and 20.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.30%).
Stratasys Ltd. (SSYS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Stratasys Ltd. (SSYS) is a “Hold”. 8 analysts offering their recommendations for the stock have an average rating of 3.20, where 5 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Stratasys Ltd. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $135M over the same period.The EPS is expected to grow by 2.00% this year, but quarterly earnings will post -19.30% year-over-year. Quarterly sales are estimated to shrink -15.70% in year-over-year returns.
Stratasys Ltd. (SSYS) Top Institutional Holders
182 institutions hold shares in Stratasys Ltd. (SSYS), with 3.29M shares held by insiders accounting for 5.97% while institutional investors hold 83.13% of the company’s shares. The shares outstanding are 55.09M, and float is at 52.50M with Short Float at 21.69%. Institutions hold 78.17% of the Float.
The top institutional shareholder in the company is ARK Investment Management, LLC with over 12.07 million shares valued at $150.52 million. The investor’s holdings represent 22.17% of the SSYS Shares outstanding. As of Sep 29, 2020, the second largest holder is Nikko Asset Management Americas, Inc. with 5.45 million shares valued at $67.94 million to account for 10.01% of the shares outstanding. The other top investors are Primecap Management Company which holds 5.13 million shares representing 9.42% and valued at over $63.94 million, while Dimensional Fund Advisors LP holds 4.27% of the shares totaling 2.32 million with a market value of $28.99 million.
Stratasys Ltd. (SSYS) Insider Activity
A total of 0 insider transactions have happened at Stratasys Ltd. (SSYS) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Stratasys Ltd. (SSYS): Who are the competitors?
The company’s main competitors (and peers) include 3D Systems Corporation (DDD) that is trading 134.53% up over the past 12 months. Short interest in the company’s stock has fallen -13.52% from the last report on Nov 12, 2020 to stand at a total of 12.93 million short shares sold with a short interest ratio of 8.22.