Extremely important negative changes in fundamentals have recently occurred for Stratasys Ltd (NASDAQ: SSYS): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2023 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SSYS is expected to continue to be Value Creation neutral.
Stratasys has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Stratasys has a slightly negative Appreciation Score of 34 and a poor Power Rating of 24, triggering the Lowest Value Trend Rating.
Recent Price Action
Stratasys Ltd (NASDAQ: SSYS) stock closed at $14.28 on 12/29/23 after a modest decline of -1.6%. Moreover, above average trading volume at 124% of normal accompanied the decline. The stock has risen 12.1% during the last week but has been weak relative to the market over the last nine months.
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