Stratasys (NASDAQ:SSYS) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Stratasys, Ltd. (NASDAQ:SSYS)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.28 and traded as high as $11.19. Stratasys shares last traded at $10.58, with a volume of 805,315 shares traded.

Analyst Ratings Changes

Several research analysts recently weighed in on SSYS shares. Cantor Fitzgerald lifted their price objective on shares of Stratasys from $13.00 to $13.50 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. UBS Group reissued an “overweight” rating on shares of Stratasys in a report on Friday, November 14th. Finally, Needham & Company LLC lowered their price objective on shares of Stratasys from $13.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $12.75.

Stratasys Price Performance

The company’s fifty day moving average price is $9.82 and its two-hundred day moving average price is $10.28. The company has a quick ratio of 2.69, a current ratio of 3.65 and a debt-to-equity ratio of 0.03. The company has a market cap of $900.25 million, a price-to-earnings ratio of -6.53 and a beta of 1.65.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Thursday, November 13th. The technology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $136.97 million for the quarter, compared to analysts’ expectations of $136.60 million. Stratasys had a negative net margin of 22.69% and a negative return on equity of 0.72%. The firm’s revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 EPS. Stratasys has set its FY 2025 guidance at 0.130-0.160 EPS. On average, equities research analysts forecast that Stratasys, Ltd. will post -0.4 EPS for the current fiscal year.

Hedge Funds Weigh In On Stratasys

Hedge funds have recently made changes to their positions in the business. Hussman Strategic Advisors Inc. acquired a new position in shares of Stratasys during the 3rd quarter worth about $2,352,000. Magnetar Financial LLC acquired a new stake in shares of Stratasys in the second quarter valued at about $3,234,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Stratasys by 24.8% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 384,901 shares of the technology company’s stock worth $4,415,000 after acquiring an additional 76,557 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Stratasys by 4.3% during the second quarter. Janney Montgomery Scott LLC now owns 53,023 shares of the technology company’s stock valued at $608,000 after purchasing an additional 2,172 shares during the last quarter. Finally, MQS Management LLC acquired a new position in Stratasys during the second quarter valued at approximately $180,000. 75.77% of the stock is owned by institutional investors.

Stratasys Company Profile

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.