Stratasys Ltd. ( SSYS ) saw a big move in the last trading session, as the company's shares fell over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for SSYS, as the stock is now down nearly 17% since Jan 10.
The provider of additive manufacturing solutions has seen 1 negative estimate revision over the past month, and its current year earnings consensus has also moved lower over the same period. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent decline will continue, as the earnings picture definitely suggests that this might be the case.
SSYS currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
Investors interested in the Computer Peripheral Equipment industry may consider better-ranked stocks like Logitech International SA ( LOGI ), Analogic Corporation ( ALOG ) and Electronics for Imaging, Inc. ( EFII ). Logitech carries a Zacks Rank #1 (Strong Buy), Analogic holds a Zacks Rank #2 (Buy) and Electronics holds a Zacks Rank #3 (Hold).
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STRATASYS LTD (SSYS): Free Stock Analysis Report
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