Needham analyst James Ricchiuti maintained a Hold rating on Stratasys (SSYS – Research Report) yesterday. The company’s shares closed last Wednesday at $21.51, close to its 52-week low of $17.82.
According to TipRanks.com, Ricchiuti is a top 100 analyst with an average return of 23.2% and a 60.9% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Faro Technologies, and Universal Display.
Currently, the analyst consensus on Stratasys is a Hold with an average price target of $38.25.
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Stratasys’ market cap is currently $1.41B and has a P/E ratio of -30.21.
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Stratasys Ltd. engages in the provision of applied additive technology solutions for industries including aerospace, automotive, healthcare, consumer products and education. Its systems include desktop 3D printers for idea and design development, various systems for rapid prototyping and large production systems for direct digital manufacturing. The company also develops, manufactures and sells materials for use with its systems and provides related service offerings to its customers. Stratasys was founded on March 3, 1998 and is headquartered in Eden Prairie, MN.
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