Stratasys Ltd (SSYS): Today's Featured Industrial Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Stratasys ( SSYS) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole was unchanged today. By the end of trading, Stratasys fell $3.64 (-5%) to $69.61 on average volume. Throughout the day, 910,799 shares of Stratasys exchanged hands as compared to its average daily volume of 890,200 shares. The stock ranged in price between $69.47-$73 after having opened the day at $72.97 as compared to the previous trading day's close of $73.25. Other companies within the Industrial industry that declined today were: Clean Diesel Technologies ( CDTI), down 9.9%, Intellicheck Mobilisa ( IDN), down 9.3%, JinkoSolar ( JKS), down 8.6%, and Handy & Harman ( HNH), down 8.3%.
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Stratasys Ltd. offers manufacture and sale of three-dimensional (3D) printers and materials that create prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its 3D printers are based on patented fused deposition modeling (FDM) and PolyJet inkjet-based technologies. Stratasys has a market cap of $2.74 billion and is part of the industrial goods sector. The company has a P/E ratio of 197.8, above the S&P 500 P/E ratio of 17.7. Shares are down 8.6% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Stratasys a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Stratasys as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the positive front, Ultralife Batteries ( ULBI), up 9.7%, China Valves Technology ( CVVT), up 8.8%, Metalico ( MEA), up 7.3%, and Magnetek ( MAG), up 6.4%, were all gainers within the industrial industry with Illinois Tool Works ( ITW) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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