Cities Using Beer and Beet Juice to Address Road Salt Dangers
Steve Wynn Calls Accusations of Sexual Misconduct Preposterous
Study: Eating More Curcumin Could Help Memory, Make Life Happier
Budweiser Falls Out of Top Three Favorite Beers in U.S.
Twitter Notifying Users Who Were Exposed to Propaganda from Russians
Apple Planning New Campus in U.S., Repatriating Cash
Forex Reserves to Be Diversified in China
Gambling Laws Around the World Getting Tougher?
SoftBank Might Split to Focus on Tech
Live Nation Buys Assets of Ticketing Start Up After Settling
Consumer Spending is On the Rise in The US
Mexico Could Leave NAFTA Talks If Withdrawal Process Triggered
Sears Holdings to Close Another 103 Stores
Online Casino Popularity Continues to Soar Even For Beginners
El Al Airlines Will Begin Silicon Valley Flights
Taxes Might Help UK Get Big Tech to Fight Extremism More
With a Widening Lineup, Apples Dependence on iPhone X Lessens
Apple Board Tells Tim Cook to Fly Private Jet
Wells Fargo Company MN trimmed its position in Stratasys, Ltd. (NASDAQ:SSYS) by 8.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,114 shares of the technology companys stock after selling 5,834 shares during the quarter. Wells Fargo Company MN owned 0.12% of Stratasys worth $1,482,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of SSYS. Nomura Holdings Inc. bought a new position in shares of Stratasys in the 2nd quarter worth $227,000. DekaBank Deutsche Girozentrale raised its position in shares of Stratasys by 18.9% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 97,500 shares of the technology companys stock worth $2,133,000 after acquiring an additional 15,500 shares in the last quarter. Fox Run Management L.L.C. bought a new position in shares of Stratasys in the 3rd quarter worth $668,000. Quantitative Investment Management LLC bought a new position in shares of Stratasys in the 2nd quarter worth $5,216,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Stratasys by 132.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,228,790 shares of the technology companys stock worth $28,645,000 after acquiring an additional 700,246 shares in the last quarter. Institutional investors and hedge funds own 71.07% of the companys stock.
Stratasys, Ltd. (SSYS) opened at $22.29 on Friday. The company has a quick ratio of 2.82, a current ratio of 3.58 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1,190.66, a PE ratio of -25.92, a PEG ratio of 4.07 and a beta of 1.41. Stratasys, Ltd. has a 1-year low of $18.04 and a 1-year high of $30.88.
Stratasys (NASDAQ:SSYS) last announced its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 earnings per share for the quarter, beating analysts consensus estimates of $0.04 by $0.04. The business had revenue of $155.90 million for the quarter, compared to analyst estimates of $160.97 million. Stratasys had a positive return on equity of 0.62% and a negative net margin of 6.74%. Stratasyss quarterly revenue was down .8% compared to the same quarter last year. sell-side analysts anticipate that Stratasys, Ltd. will post 0.17 EPS for the current fiscal year.
Several research firms have recently commented on SSYS.Zacks Investment Researchlowered Stratasys from a buy rating to a hold rating in a research report on Thursday, January 11th. BidaskClub raised Stratasys from a hold rating to a buy rating in a research report on Tuesday, January 16th. Needham Company LLC reissued a hold rating on shares of Stratasys in a research report on Friday, October 13th. Loop Capital reduced their price target on Stratasys from $24.00 to $21.00 and set a hold rating for the company in a research report on Wednesday, November 15th. Finally, B. Riley reissued a hold rating and issued a $30.00 price target on shares of Stratasys in a research report on Wednesday, November 15th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Stratasys presently has an average rating of Hold and a consensus price target of $24.94.
WARNING: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at
Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.
Receive News & Ratings for Stratasys Daily- Enter your email address below to receive a concise daily summary of the latest news and analysts ratings for Stratasys and related companies s FREE daily email newsletter.
Zacks: Analysts Anticipate Sony Corp Will Post Earnings of $0.89 Per Share
Jefferies Group Equities Analysts Decrease Earnings Estimates for Priceline Group Inc
Cannae Holdings Inc Short Interest Update
Short Interest in Centrais Eletricas Brasileiras SA Rises By 64.0%
Largo Resources Ltd Insider Sells C$12,700.00 in Stock
William Blair Comments on Core-Mark Holding Company, Inc.s FY2017 Earnings
Mail (will not be published) (Required)