Stratasys Ltd [NASDAQ: SSYS] slipped around -0.76 points on Thursday, while shares priced at $6.92 at the close of the session, down -9.90%.
Compared to the average trading volume of 535.94K shares, SSYS reached a trading volume of 3294883 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Stratasys Ltd [SSYS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SSYS shares is $11.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SSYS stock is a recommendation set at 1.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Stratasys Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on February 13, 2024. The new note on the price target was released on January 04, 2023, representing the official price target for Stratasys Ltd stock.
The Average True Range (ATR) for Stratasys Ltd is set at 0.41, with the Price to Sales ratio for SSYS stock in the period of the last 12 months amounting to 0.78. The Price to Book ratio for the last quarter was 0.56, with the Price to Cash per share for the same quarter was set at 2.29.
How has SSYS stock performed recently?
Stratasys Ltd [SSYS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.48. With this latest performance, SSYS shares dropped by -19.16% in over the last four-week period, additionally sinking by -43.97% over the last 6 months – not to mention a drop of -50.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SSYS stock in for the last two-week period is set at 32.37, with the RSI for the last a single of trading hit 27.54, and the three-weeks RSI is set at 35.19 for Stratasys Ltd [SSYS]. The present Moving Average for the last 50 days of trading for this stock 8.22, while it was recorded at 7.61 for the last single week of trading, and 10.66 for the last 200 days.
Stratasys Ltd [SSYS]: Deeper insight into the fundamentals
Stratasys Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.06 and a Current Ratio set at 3.22.
Earnings analysis for Stratasys Ltd [SSYS]
With the latest financial reports released by the company, Stratasys Ltd posted 0.04/share EPS, while the average EPS was predicted by analysts to be reported at 0/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SSYS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Stratasys Ltd go to 30.00%.
Insider trade positions for Stratasys Ltd [SSYS]
There are presently around $54.09%, or 67.44%% of SSYS stock, in the hands of institutional investors. The top three institutional holders of SSYS stocks are: RUBRIC CAPITAL MANAGEMENT LP with ownership of 5.97 million shares, which is approximately 8.5276%. NEUBERGER BERMAN GROUP LLC, holding 3.72 million shares of the stock with an approximate value of $$31.21 million in SSYS stocks shares; and NEUBERGER BERMAN GROUP LLC, currently with $$29.81 million in SSYS stock with ownership which is approximately 5.0762%.
