Stratasys Inc’s (NASDAQ:SSYS) Sentiment is 1.02

January 16, 2018 - By Maria Brooks

 Stratasys Inc's (NASDAQ:SSYS) Sentiment is 1.02

Sentiment for Stratasys Inc (NASDAQ:SSYS)

Stratasys Inc (NASDAQ:SSYS) institutional sentiment decreased to 1.02 in Q3 2017. Its down -0.33, from 1.35 in 2017Q2. The ratio fall, as 64 hedge funds opened new and increased stock positions, while 63 cut down and sold equity positions in Stratasys Inc. The hedge funds in our partner’s database reported: 34.85 million shares, up from 32.82 million shares in 2017Q2. Also, the number of hedge funds holding Stratasys Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 23 Reduced: 40 Increased: 41 New Position: 23.

Stratasys Ltd. provides three-dimensional printing and additive manufacturing solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. The company has market cap of $1.24 billion. The Company’s 3D printing systems utilize its patented fused deposition modeling (FDM) and inkjet PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content. It currently has negative earnings. The firm offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing.

The stock increased 4.26% or $0.95 during the last trading session, reaching $23.24. About 814,414 shares traded. Stratasys Ltd. (NASDAQ:SSYS) has risen 41.74% since January 16, 2017 and is uptrending. It has outperformed by 25.04% the S&P500.

Analysts await Stratasys Ltd. (NASDAQ:SSYS) to report earnings on March, 8. They expect $0.09 EPS, 0.00 % or $0.00 from last year’s $0.09 per share. SSYS’s profit will be $4.79 million for 64.56 P/E if the $0.09 EPS becomes a reality. After $-0.01 actual EPS reported by Stratasys Ltd. for the previous quarter, Wall Street now forecasts -1,000.00 % EPS growth.

Lapides Asset Management Llc holds 2.71% of its portfolio in Stratasys Ltd. for 571,500 shares. Arrowmark Colorado Holdings Llc owns 3.51 million shares or 0.92% of their US portfolio. Moreover, Vident Investment Advisory Llc has 0.68% invested in the company for 542,814 shares. The Indiana-based Trust Investment Advisors has invested 0.57% in the stock. Riverbridge Partners Llc, a Minnesota-based fund reported 871,258 shares.#img1#

Stratasys Ltd. (NASDAQ:SSYS) Ratings Coverage

Ratings analysis reveals 26% of Stratasys’s analysts are positive. Out of 23 Wall Street analysts rating Stratasys, 6 give it “Buy”, 5 “Sell” rating, while 12 recommend “Hold”. The lowest target is $16.0 while the high is $50. The stock’s average target of $25.92 is 11.53% above today’s ($23.24) share price. SSYS was included in 55 notes of analysts from July 22, 2015. The stock has “Buy” rating by Standpoint Research on Wednesday, January 4. The firm has “Hold” rating by Loop Capital given on Wednesday, November 15. The company was downgraded on Friday, July 31 by Bank of America. On Monday, October 2 the stock rating was maintained by Piper Jaffray with “Buy”. On Tuesday, May 10 the stock rating was maintained by Needham with “Buy”. On Monday, March 7 the stock rating was downgraded by JP Morgan to “Underweight”. The stock of Stratasys Ltd. (NASDAQ:SSYS) has “Buy” rating given on Monday, July 27 by Dougherty & Company. The stock of Stratasys Ltd. (NASDAQ:SSYS) has “Buy” rating given on Friday, October 20 by Susquehanna. The stock has “Hold” rating by Needham on Wednesday, May 17. The rating was upgraded by Citigroup on Thursday, August 10 to “Buy”.

More news for Stratasys Ltd. (NASDAQ:SSYS) were recently published by: Fool.com, which released: “Why Shares of Stratasys Ltd. Popped 21% in 2017” on January 12, 2018. Nasdaq.com‘s article titled: “Here’s Why You Should Add Stratasys Stock to Your Portfolio” and published on December 29, 2017 is yet another important article.

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