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Stock Market & Financial Investment News

News Breaks
January 15, 2014
11:09 EDTAMAVF, SSYS, VJET, DDD, XONE3D printing sector weak after ExOne cuts guidance
Shares of 3D printer makers are falling after ExOne (XONE) last night preannounced lower than expected 2013 revenue. WHAT'S NEW: ExOne estimated that its 2013 revenue would come in at $40 million-$42 million, down from its previous outlook of $48M. Analysts' consensus estimate was $48.32M. The reduction in ExOne's guidance was caused by delayed sales of machines to its customers in Russia, India, Mexico, and France, according to the company. Despite the reduction in its guidance, the company stated that it had not lost any sales, and expects all of the delayed sales to be completed in the first half of this year. Meanwhile, in slides for a presentation today, 3D Systems stated that it expects to be able to double its revenue "over the next couple of years powered by about 30% organic growth." But the company added that it is willing to tolerate some pressure on its margins and earnings over this period in order to increase its growth and market share. ANALYST REACTION: In a note to investors earlier today, Jefferies analyst Peter Misek wrote that ExOne's revenue miss highlights the risk for smaller companies whose orders tend to be inconsistent. One of the biggest risks faced by small 3D printer makers, including ExOne, VoxelJet (VJET), and Arcam (AMAVF), is that they sell only a few printers at high prices, the analyst added. ExOne's results, however, only reflect on that company, not the entire sector, the analyst added. WHAT'S NOTABLE: Yesterday a major player in the sector, Stratasys (SSYS), preannounced higher than expected fiscal 2014 revenue but lower than expected fiscal 2014 profits, and the shares fell sharply. Misek, however, believes that Stratasys' higher than expected revenue outlook bodes well for 3D Systems (DDD), a major player in the sector. The analyst has Buy ratings on ExOne, Stratasys, and 3D Systems, and Hold ratings on Voxeljet and Arcam. PRICE ACTION: In mid-morning trading, 3D Systems fell 2.6% to $88.80, ExOne tumbled 8% to $57.20, Voxeljet slumped 3.7% to $40.80, Arcam lost 1.5% to $140, and Stratasys added 0.7% to $119.50,
News For DDD;SSYS;XONE;VJET;AMAVF From The Last 14 Days
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December 15, 2014
10:44 EDTXONE, DDD, VJET, SSYS3D Systems CEO says 3D printing to transition to production in '15, says UBS
UBS quotes 3D Systems (DDD) CEO Avi Reichental as saying that 3D printing will transition to producing from prototyping in 2015. He believes that 3D Systems' investments should begin to pay off in 2015, and make it the best company in the space. UBS keeps a Neutral rating on the shares but says that a short squeeze in the stock could occur if the company begins to report positive results. Other names in the space include Stratasys (SSYS), Voxeljet (VJET), and ExOne (XONE).
December 10, 2014
10:00 EDTSSYS, DDDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 3D Systems (DDD) initiated with an Underperform at Longbow... AutoZone (AZO) initiated with a Buy at Nomura... C.H. Robinson (CHRW) initiated with a Neutral at Nomura... CSX (CSX) initiated with a Buy at Nomura... CVS Health (CVS) initiated with a Neutral at Citigroup... Canadian National (CNI) initiated with a Neutral at Nomura... Carrizo Oil & Gas (CRZO) initiated with a Buy at Canaccord... CenterPoint Energy (CNP) initiated with a Neutral at Nomura... Con-way (CNW) initiated with a Neutral at Nomura... Cornerstone OnDemand (CSOD) initiated with a Buy at BofA/Merrill... Depomed (DEPO) initiated with an Outperform at RBC Capital... Dollar General (DG) initiated with a Buy at Citigroup... Dollar Tree (DLTR) initiated with a Neutral at Citigroup... Dynagas LNG (DLNG) initiated with a Buy at ABN Amro... EMC (EMC) initiated with a Neutral at JPMorgan... Energy Focus (EFOI) initiated with a Buy at Roth Capital... Expeditors (EXPD) initiated with a Neutral at Nomura... GasLog (GLOG) initiated with a Buy at ABN Amro... Genesee & Wyoming (GWR) initiated with a Neutral at Nomura... Golar LNG (GLNG) initiated with a Sell at ABN Amro... HII Technologies (HIIT) initiated with a Buy at Roth Capital... Hudbay Minerals (HBM) initiated with an Overweight at Barclays... J.B. Hunt (JBHT) initiated with a Buy at Nomura... Kansas City Southern (KSU) initiated with a Buy at Nomura... Kroger (KR) initiated with a Buy at Citigroup... Lear (LEA) initiated with a Buy at Northcoast... Lundin Mining (LUNMF) initiated with an Overweight at Barclays... NetApp (NTAP) initiated with a Neutral at JPMorgan... Norfolk Southern (NSC) initiated with a Neutral at Nomura... PROS (PRO) initiated with an Outperform at Pacific Crest... Qlik Technologies (QLIK)initiated with a Buy at BofA/Merrill... Rentokil (RTOKY) initiated with a Neutral at UBS... Revolution Lighting (RVLT) initiated with a Buy at Roth Capital... ServiceNow (NOW) initiated with a Buy at BofA/Merrill... Stratasys (SSYS) initiated with a Neutral at Longbow... Suburban Propane (SPH) initiated with a Hold at Stifel... Tableau (DATA) initiated with a Buy at BofA/Merrill... Teekay LNG (TGP) initiated with a Buy at ABN Amro... Tessera (TSRA) initiated with a Buy at Sidoti... Union Pacific (UNP) initiated with a Buy at Nomura... Viper Energy (VNOM) initiated with a Buy at Stifel... Visteon (VC) initiated with a Buy at Northcoast... Walgreen (WAG) initiated with a Buy at Citigroup... Werner (WERN) initiated with a Neutral at Nomura.
07:54 EDTDDD, SSYSPullback in 3D printers creates buying opportunity, says Stifel
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06:48 EDTDDD3D Systems initiated with an Underperform at Longbow
Target $25.
06:33 EDTSSYSStratasys initiated with a Neutral at Longbow
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December 9, 2014
12:35 EDTSSYSStratasys management to meet with Jefferies
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December 8, 2014
07:54 EDTSSYSStratasys weakness creates attractive entry point, says UBS
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