Report
Danny Goode
EUR 100.00 For Business Accounts Only

Stratasys Seeks to Right the Ship Amid CEO Turnover and Industry Volatility

We are raising our fair value estimate for no-moat Stratasys to $24, from $23, on the heels of solid third-quarter results and revised 2018 guidance. Our updated valuation includes higher gross profit margins stemming from Stratasys’ products unit, which concluded the quarter with gross margins near 56%, above the implicit run-rate we initially expected (54% for 2018). We now assume product segment gross margins will finish the year at about 55.5% and drive company-wide gross profit margins abov...
Underlying
Stratasys Ltd.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Danny Goode

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