Stratasys (SSYS) updated its FY13 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $1.80-1.95 for the period, compared to the Thomson Reuters consensus estimate of $1.86. The company issued revenue guidance of $430-445 million, compared to the consensus revenue estimate of $431.60 million.
Several analysts have also recently commented on the stock. Analysts at Gabelli initiated coverage on shares of Stratasys in a research note to investors on Monday, February 25th. They set a hold rating and a $69.00 price target on the stock. On a related note, analysts at Piper Jaffray raised their price target on shares of Stratasys from $81.00 to $94.00 in a research note to investors on Tuesday, January 22nd. They now have an overweight rating on the stock. Finally, analysts at Piper Jaffray initiated coverage on shares of Stratasys in a research note to investors on Friday, January 18th. They set a neutral rating on the stock.
Three research analysts have rated the stock with a buy rating, four have issued a hold rating, and one has issued a sell rating to the company’s stock. Stratasys has an average rating of hold and an average target price of $84.10.
Stratasys (SSYS) opened at 64.26 on Monday. Stratasys (SSYS) has a 1-year low of $32.87 and a 1-year high of $92.30. The stock’s 50-day moving average is currently $77.13. The company has a market cap of $1.402 billion and a price-to-earnings ratio of 75.69.
Stratasys last released its earnings data on Monday, March 4th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The company had revenue of $96.40 million for the quarter, compared to the consensus estimate of $52.83 million. During the same quarter last year, the company posted $0.31 earnings per share. Stratasys’s revenue was up 23.1% compared to the same quarter last year. Stratasys has set its FY13 guidance at $1.80-1.95 EPS. On average, analysts predict that Stratasys (SSYS) will post $1.38 earnings per share for the current fiscal year.
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.
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