Back to top

Image: Bigstock

Stratasys Ltd.

Read MoreHide Full Article

Stratasys recently reported decent results for second-quarter 2017, wherein the top and bottom lines, both, surpassed the Zacks Consensus Estimate. Furthermore, although the top line witnessed a marginal fall, the bottom line improved significantly on a year-over-year basis. We are positive about Stratasys’ turnaround strategies which include launching innovative products, strategic partnerships and acquisitions. The company’s sustained focus on launching new products and entering into strategic partnerships will drive long-term growth. The initiatives will help Stratasys to gain more market share as the prospect of 3D printing industry appears bright. Data from the Wohlers Report revealed that the worldwide 3D printing industry is projected to grow from $3.07 billion in 2013 to $12.8 billion by 2018, and exceed $21 billion by 2020 at a CAGR of 34%. Notably, the stock has underperformed the industry over the last one year.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Stratasys, Ltd. (SSYS) - free report >>

Published in