It has been a few month for the reason that final earnings report for Stratasys (SSYS). Shares have misplaced about 3.1% in that time-frame, outperforming the S&P 500.
Will the latest damaging pattern proceed main as much as its subsequent earnings launch, or is Stratasys due for a breakout? Earlier than we dive into how buyers and analysts have reacted as of late, let’s take a fast have a look at its most up-to-date earnings report with the intention to get a greater deal with on the vital drivers.
How Have Estimates Been Shifting Since Then?
It seems, estimates revision have trended downward in the course of the previous month.
The consensus estimate has shifted -100% attributable to these adjustments.
VGM Scores
At the moment, Stratasys has a robust Development Rating of A, a grade with the identical rating on the momentum entrance. Nevertheless, the inventory was allotted a grade of D on the worth aspect, placing it within the backside 40% for this funding technique.
Total, the inventory has an mixture VGM Rating of B. In case you aren’t centered on one technique, this rating is the one you ought to be all for.
Outlook
Estimates have been broadly trending downward for the inventory, and the magnitude of this revision signifies a downward shift. Notably, Stratasys has a Zacks Rank #3 (Maintain). We count on an in-line return from the inventory within the subsequent few months.
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Stratasys, Ltd. (SSYS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
