Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Stratasys Ltd (NASDAQ: SSYS) closed at $10.37 in the last session, down -1.52% from day before closing price of $10.53. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 1.15 million shares were traded. SSYS stock price reached its highest trading level at $10.53 during the session, while it also had its lowest trading level at $10.09.
Ratios:
We take a closer look at SSYS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on February 13, 2024, initiated with a Overweight rating and assigned the stock a target price of $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SSYS now has a Market Capitalization of 895606720 and an Enterprise Value of 657782720. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.165 whereas that against EBITDA is -56.044.
Stock Price History:
The Beta on a monthly basis for SSYS is 1.58, which has changed by 0.3994602 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, SSYS has reached a high of $12.88, while it has fallen to a 52-week low of $6.92. The 50-Day Moving Average of the stock is -1.88%, while the 200-Day Moving Average is calculated to be 0.69%.
Shares Statistics:
According to the various share statistics, SSYS traded on average about 808.86K shares per day over the past 3-months and 1093960 shares per day over the past 10 days. A total of 84.98M shares are outstanding, with a floating share count of 53.36M. Insiders hold about 37.26% of the company’s shares, while institutions hold 47.50% stake in the company. Shares short for SSYS as of 1756425600 were 1915433 with a Short Ratio of 2.37, compared to 1753920000 on 1388331. Therefore, it implies a Short% of Shares Outstanding of 1915433 and a Short% of Float of 2.56.
Earnings Estimates
The market rating for Stratasys Ltd (SSYS) is a result of the insights provided by 4.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.07, with high estimates of $0.07 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.15 and $0.12 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $0.27, with 4.0 analysts recommending between $0.32 and $0.23.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $136.6M. It ranges from a high estimate of $137.44M to a low estimate of $135.3M. As of the current estimate, Stratasys Ltd’s year-ago sales were $140.01MFor the next quarter, 4 analysts are estimating revenue of $142.56M. There is a high estimate of $145.5M for the next quarter, whereas the lowest estimate is $138.81M.
A total of 4 analysts have provided revenue estimates for SSYS’s current fiscal year. The highest revenue estimate was $555M, while the lowest revenue estimate was $550.38M, resulting in an average revenue estimate of $553.31M. In the same quarter a year ago, actual revenue was $572.46MBased on 4 analysts’ estimates, the company’s revenue will be $570.21M in the next fiscal year. The high estimate is $577.1M and the low estimate is $561.07M.