William Blair reissued their sell rating on shares of Stratasys (NASDAQ:SSYS) in a report issued on Monday, TipRanks reports.
Several other brokerages also recently weighed in on SSYS. BidaskClub raised Stratasys from a strong sell rating to a sell rating in a research note on Wednesday, October 16th. ValuEngine raised Stratasys from a sell rating to a hold rating in a research note on Monday. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Stratasys currently has an average rating of Hold and a consensus price target of $25.50.
Shares of SSYS stock opened at $19.30 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.85 and a quick ratio of 3.02. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 83.91, a PEG ratio of 2.87 and a beta of 1.98. The stock has a 50 day simple moving average of $21.81 and a 200-day simple moving average of $23.98. Stratasys has a 1-year low of $17.06 and a 1-year high of $30.60.
Institutional investors and hedge funds have recently modified their holdings of the stock. Stonebridge Capital Advisors LLC purchased a new stake in shares of Stratasys during the second quarter worth approximately $56,000. Aperio Group LLC purchased a new stake in shares of Stratasys during the second quarter worth approximately $125,000. Panagora Asset Management Inc. purchased a new stake in shares of Stratasys during the second quarter worth approximately $125,000. CSat Investment Advisory L.P. purchased a new stake in shares of Stratasys during the second quarter worth approximately $136,000. Finally, Mizuho Securities Co. Ltd. purchased a new stake in shares of Stratasys during the second quarter worth approximately $159,000. Hedge funds and other institutional investors own 79.06% of the company’s stock.
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content.
Featured Article: Monthly Dividend Stocks
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 with MarketBeat.com's FREE daily email newsletter.