News articles about Stratasys (NASDAQ:SSYS) have been trending positive on Saturday, according to AlphaOne Sentiment. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stratasys earned a media sentiment score of 0.25 on AlphaOne’s scale. AlphaOne also assigned media headlines about the technology company an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have impacted AlphaOne Sentiment Analysis’s analysis:
Stratasys (NASDAQ:SSYS) traded up 3.39% during trading on Friday, hitting $26.51. 774,359 shares of the stock traded hands. Stratasys has a one year low of $16.37 and a one year high of $26.55. The company has a 50-day moving average price of $22.02 and a 200 day moving average price of $20.04. The stock’s market cap is $1.40 billion.
Stratasys (NASDAQ:SSYS) last announced its quarterly earnings data on Thursday, March 9th. The technology company reported $0.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.10. The firm earned $175.30 million during the quarter, compared to analyst estimates of $169.51 million. Stratasys had a negative return on equity of 1.54% and a negative net margin of 43.97%. The company’s revenue was up 1.1% on a year-over-year basis. During the same period last year, the company earned ($0.01) earnings per share. Analysts expect that Stratasys will post $0.30 earnings per share for the current year.
SSYS has been the topic of several recent analyst reports. Vetr raised shares of Stratasys from a “buy” rating to a “strong-buy” rating and set a $23.15 price target on the stock in a report on Monday, February 27th. Zacks Investment Research cut shares of Stratasys from a “hold” rating to a “sell” rating in a report on Tuesday, January 10th. Standpoint Research cut shares of Stratasys from a “buy” rating to a “reduce” rating in a report on Monday, April 24th. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price (down from $21.00) on shares of Stratasys in a report on Saturday, March 11th. Finally, Piper Jaffray Companies raised shares of Stratasys from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $21.00 to $28.00 in a report on Monday, April 17th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Stratasys has an average rating of “Hold” and a consensus target price of $22.68.
Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.