Stock Analysis: Stratasys Ltd. (Nasdaq:SSYS) sinks after 2014, 2015 results miss estimates; National Interstate Corporation (Nasdaq:NATL), CTS Corporation (NYSE:CTS)

Stratasys Ltd. (Nasdaq:SSYS) sinks  after 2014, 2015 results miss estimates. Shares of 3d printing producer Stratasys (SSYS) were plunging in after-hours trading  on Monday after the organization proclaimed preparatory results for 2014 and a viewpoint for 2015 that missed the mark concerning agreement desires. Stratasys defined another arrangement which included costs making up 46%-47% of 2015 deals. The 3d printer producer said the venture arrangement is intended to actualize expansive item improvement and base which would help yearly incomes of $3b in 2020. 21st Century says DoJ declines to prosecute in 'hacking' investigation. SSYS closed for the day at $80.08 with a change of $0.59. Trailing 12 month’s profit margin for SSYS is -4.27% and for the same period, its operating margin is -4.20%.

 

National Interstate Corporation (Nasdaq:NATL) sees Q4 EPS 22c-28c, consensus 43c. Company’s Gross premiums written increased 11% for the 2014 fourth quarter and 9% for the 2014 full year compared to the same 2013 periods primarily from growth in the Alternative Risk Transfer and Transportation components. The Company expects net income for the 2014 fourth quarter to decline as compared to the fourth quarter of last year reflecting elevated claims results in the quarter.NATL traded in the green and closed at $26.74 for the day. The stock saw a change of $0.97(3.76%) with a volume of 18,083 shares.  NATL has a market cap of $528.94M.

 

CTS Corporation (NYSE:CTS) awarded European accelerator pedal module program. CTS Corporation announced that it has been awarded a new production program to supply accelerator pedal modules to a German automobile manufacturer. Shipments are anticipated to commence in FY17, and the total revenues are expected to be in the range of $35M over the life of the program. “We are pleased that CTS has been selected to provide product to this important new customer,” said Kieran O’Sullivan, CEO of CTS Corporation. CTS  is part of the Technology sector in Diversified Electronics industry. The stock closed for the day at $16.40 with a change of $0.40 or 2.50%. CTS traded in a range of $15.82 to $16.42   through the day. The stock’s 52 week range is $15.30 to $21.65.