Cantor Fitzgerald Forecasts Stratasys FY2025 Earnings

Stratasys Ltd. (NASDAQ:SSYS) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Stratasys in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen expects that the technology company will earn ($0.04) per share for the year. The consensus estimate for Stratasys’ current full-year earnings is ($0.40) per share.

Several other research firms also recently weighed in on SSYS. Craig Hallum raised their target price on Stratasys from $12.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. StockNews.com upgraded Stratasys from a “hold” rating to a “buy” rating in a report on Wednesday, December 25th. Finally, Needham & Company LLC upped their target price on shares of Stratasys from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.40.

Stratasys Trading Down 1.2 %

SSYS stock opened at $9.21 on Thursday. Stratasys has a 12-month low of $6.05 and a 12-month high of $14.01. The business’s 50-day moving average is $9.41 and its 200 day moving average is $8.33. The stock has a market cap of $657.41 million, a price-to-earnings ratio of -6.98 and a beta of 1.31.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. The company had revenue of $140.00 million during the quarter, compared to analysts’ expectations of $139.49 million. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The firm’s revenue for the quarter was down 13.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.05) earnings per share.

Hedge Funds Weigh In On Stratasys

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SSYS. Gabelli Funds LLC boosted its position in shares of Stratasys by 9.0% during the 2nd quarter. Gabelli Funds LLC now owns 193,037 shares of the technology company’s stock valued at $1,620,000 after acquiring an additional 16,000 shares during the last quarter. Clearline Capital LP acquired a new position in Stratasys in the 2nd quarter valued at about $9,301,000. Pinnacle Associates Ltd. boosted its holdings in Stratasys by 0.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 1,050,639 shares of the technology company’s stock valued at $8,731,000 after purchasing an additional 3,791 shares during the last quarter. ARK Investment Management LLC increased its holdings in shares of Stratasys by 0.7% during the 3rd quarter. ARK Investment Management LLC now owns 647,221 shares of the technology company’s stock worth $5,378,000 after buying an additional 4,589 shares during the last quarter. Finally, RPG Investment Advisory LLC raised its position in shares of Stratasys by 29.6% during the 3rd quarter. RPG Investment Advisory LLC now owns 659,996 shares of the technology company’s stock valued at $5,485,000 after buying an additional 150,891 shares during the period. Institutional investors and hedge funds own 75.77% of the company’s stock.

About Stratasys

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.