Stratasys Ltd [SSYS] stock prices are down -6.58% to $10.08 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SSYS shares have gain 5.00% over the last week, with a monthly amount drifted -0.30%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Stratasys Ltd [NASDAQ: SSYS] stock has seen the most recent analyst activity on February 13, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $24. Previously, Needham upgraded its rating to Buy on January 04, 2023, and kept the price target unchanged to $15. On November 08, 2022, upgrade upgraded it’s rating to Mkt Perform. Credit Suisse started tracking the stock assigning a Outperform rating and suggested a price target of $24 on August 17, 2022. JP Morgan upgraded its rating to a Neutral and reduced its price target to $23 on May 17, 2022. JP Morgan downgraded its rating to Underweight for this stock on November 04, 2021. In a note dated October 25, 2021, Craig Hallum upgraded an Buy rating on this stock and boosted its target price from $27 to $42.
The stock price of Stratasys Ltd [SSYS] has been fluctuating between $6.05 and $14.93 over the past year. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Stratasys Ltd [NASDAQ: SSYS] shares were valued at $10.08 at the most recent close of the market. An investor can expect a potential return of 24.01% based on the average SSYS price forecast.
Analyzing the SSYS fundamentals
The Stratasys Ltd [NASDAQ:SSYS] reported sales of 578.44M for trailing twelve months, representing a drop of -13.65%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.11 and Total Capital is -0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.67 points at the first support level, and at 9.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.68, and for the 2nd resistance point, it is at 11.28.
Ratios To Look Out For
It’s worth pointing out that Stratasys Ltd [NASDAQ:SSYS]’s Current Ratio is 3.07. In addition, the Quick Ratio stands at 1.91 and the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 0.87.
