With 0.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on SSYS shows that it touched its highest point at $12.88 and its lowest point at $6.05 during that stretch. It currently has a 1-year price target of $15.33. Beta for the stock currently stands at 1.53.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SSYS was down-trending over the past week, with a drop of -2.80%, but this was up by 7.98% over a month. Three-month performance dropped to -1.79% while six-month performance rose 9.11%. The stock gained 15.52% in the past year, while it has gained 17.21% so far this year. A look at the trailing 12-month EPS for SSYS yields -1.51 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.03. This implies an EPS growth rate of 437.50% for this year and 23.26% for next year.
Float and Shares Shorts:
At present, 72.39 million SSYS shares are outstanding with a float of 53.29 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SSYS since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.091875 being high and $0.02625 being low. For SSYS, this leads to a yearly average estimate of $0.0525.
