Stratasys Ltd (NASDAQ: SSYS) is 1.24% higher on its value in year-to-date trading and has touched a low of $6.05 and a high of $14.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SSYS stock was last observed hovering at around $9.19 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $9.00, the stock is -5.57% and -1.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing -2.07% at the moment leaves the stock 3.09% off its SMA200. SSYS registered -35.21% loss for a year compared to 6-month gain of 5.76%. The firm has a 50-day simple moving average (SMA 50) of $9.097 and a 200-day simple moving average (SMA200) of $8.73075.
The stock witnessed a -6.25% loss in the last 1 month and extending the period to 3 months gives it a 20.56%, and is 1.24% 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 5.37% over the week and 5.63% over the month.
Stratasys Ltd (SSYS) has around 1980 employees, a market worth around $633.96M and $578.44M in sales. Fwd P/E is 25.00. Profit margin for the company is -16.13%. Distance from 52-week low is 48.76% and -37.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.88%).
The EPS is expected to shrink by -61.82% 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 71.39M, and float is at 57.02M with Short Float at 1.31%. 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.
