Stratasys Ltd (NASDAQ: SSYS) is -29.20% lower on its value in year-to-date trading and has touched a low of $6.05 and a high of $14.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SSYS stock was last observed hovering at around $8.39 in the last trading session, with the day’s gains setting it 1.72%.
Currently trading at $10.11, the stock is 31.26% and 34.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.18 million and changing 20.50% at the moment leaves the stock 8.85% off its SMA200. SSYS registered -1.37% loss for a year compared to 6-month loss of 4.12%. The firm has a 50-day simple moving average (SMA 50) of $7.4954 and a 200-day simple moving average (SMA200) of $9.28795.
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The stock witnessed a 38.49% gain in the last 1 month and extending the period to 3 months gives it a 33.73%, and is 25.90% 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 7.50% over the week and 5.46% over the month.
Stratasys Ltd (SSYS) has around 1980 employees, a market worth around $712.15M and $600.56M in sales. Fwd P/E is 28.28. Profit margin for the company is -18.98%. Distance from 52-week low is 67.11% and -32.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.22%).
The EPS is expected to shrink by -70.02% this year
175.0 institutions hold shares in Stratasys Ltd (SSYS), with institutional investors hold 64.44% of the company’s shares. The shares outstanding are 69.66M, and float is at 57.28M with Short Float at 2.71%. Institutions hold 51.97% of the Float.
The top institutional shareholder in the company is RUBRIC CAPITAL MANAGEMENT LP with over 5.97 million shares valued at $50.08 million. The investor’s holdings represent 8.5276 of the SSYS Shares outstanding. As of 2024-06-30, the second largest holder is NEUBERGER BERMAN GROUP LLC with 3.72 million shares valued at $31.21 million to account for 5.3139 of the shares outstanding. The other top investors are PHOENIX HOLDINGS LTD. which holds 3.55 million shares representing 5.0762 and valued at over $29.81 million, while PRIMECAP MANAGEMENT CO/CA/ holds 3.8194 of the shares totaling 2.67 million with a market value of $22.43 million.
