Alert: Negative Investment/Fundamental Signals (8/29/24)-Stratasys Ltd (NASDAQ: SSYS)

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Stratasys Ltd (NASDAQ: SSYS). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.

Notable negative changes in Stratasys Ltd (NASDAQ: SSYS) fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

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.

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Current PriceTarget Research Rating

SSYS’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Stratasys has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Stratasys has a neutral Appreciation Score of 57 but a very low Power Rating of 3, leading to the Lowest Value Trend Rating.

Recent Price Action

On 8/29/24, Stratasys Ltd (NASDAQ: SSYS) stock suffered a large decline of -9.9%, closing at $6.92. Moreover, this decline was accompanied by exceptionally high trading volume at 650% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -13.1% during the last week.

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