Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Stratasys Ltd (NASDAQ: SSYS) closed at $10.18 up 0.39% from its previous closing price of $10.14. In other words, the price has increased by $0.39 from its previous closing price. On the day, 0.6 million shares were traded. SSYS stock price reached its highest trading level at $10.19 during the session, while it also had its lowest trading level at $9.96.
Ratios:
For a deeper understanding of Stratasys Ltd’s stock, let’s take a closer look at its various ratios. 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.
On January 04, 2023, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $15.
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 866249792 and an Enterprise Value of 641635968. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 1.137 whereas that against EBITDA is -54.668.
Stock Price History:
The Beta on a monthly basis for SSYS is 1.60, which has changed by 0.6525974 over the last 52 weeks, in comparison to a change of 0.20221436 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 $6.08. The 50-Day Moving Average of the stock is -6.57%, while the 200-Day Moving Average is calculated to be -0.81%.
Shares Statistics:
For the past three months, SSYS has traded an average of 706.21K shares per day and 1066130 over the past ten days. A total of 84.98M shares are outstanding, with a floating share count of 53.32M. Insiders hold about 37.26% of the company’s shares, while institutions hold 47.56% stake in the company. Shares short for SSYS as of 1755216000 were 1604754 with a Short Ratio of 2.27, compared to 1752537600 on 1318487. Therefore, it implies a Short% of Shares Outstanding of 1604754 and a Short% of Float of 2.1399999999999997.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 analysts. 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
A total of 4 analysts believe the company’s revenue will be $136.6M this quarter.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.
