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Stock Market & Financial Investment News

News Breaks
January 15, 2014
11:09 EDTDDD, SSYS, XONE, VJET, AMAVF3D 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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July 31, 2014
08:54 EDTSSYS, XONE, VJET, DDD3D Printing names drop after 3D Systems Q2 miss
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08:36 EDTDDD3D Systems sees FY14 EPS 73c-85c, consensus 81c
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08:34 EDTDDD3D Systems reports Q2 EPS 16c, consensus 18c
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06:31 EDTDDD3D Systems to host conference call
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July 30, 2014
17:29 EDTDDD3D Systems to acquire Simbionix for $120M in cash
3D Systems announced that it entered into a definitive agreement to acquire Simbionix for $120M in cash, subject to customary closing adjustments. Simbionix is the global leader in 3D virtual reality surgical simulation and training with 60+ interventional procedures across 8 specialties through 16 simulation platforms. The transaction is expected to be completed within the next 30 days, subject to customary closing conditions. Upon closing, 3D Systems expects this acquisition to be immediately accretive to its cash generation and to its non-GAAP earnings per share.
15:40 EDTDDDNotable companies reporting before tomorrow's open
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15:21 EDTDDD3D Systems August weekly 55.5 straddle priced for 8.9% move into Q2
14:34 EDTDDD3D Systems technical comments before earnings
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July 29, 2014
13:06 EDTSSYS, VJET, DDD, XONE3D Systems advances after analyst predicts guidance raise
Shares of 3D Systems (DDD) and other 3D printer makers are climbing after an RBC Capital analyst wrote that the company is "well-positioned" to raise its full-year guidance. Additionally, the analyst stated that the company had sold 100 or more 3d printers to a large aerospace company last quarter. WHAT'S NEW: 3D Systems will likely report in-line results for its June quarter on Thursday, but is poised to increase its guidance for the second half of the year, RBC analyst Amit Daryanani wrote in a note to investors earlier today. The company benefited from a deal with a large aerospace company last quarter, as well as launches of new products, the analyst stated. 3D Systems has already said that its growth, leverage and working capital should all improve, Daryanani noted. The company should also be boosted in the second half of the year from the integration of companies it has acquired, the analyst believes. He expects the company's operating margin to rise in the second half, and predicted that its growth excluding acquisitions would reach 30% or higher. Daryanani kept a $64 price target and Outperform rating on the shares. WHAT'S NOTABLE: Stratasys (SSYS), another player in the 3D printing space, should report slightly better than expected results for its quarter ended in June, and its fiscal 2014 revenue guidance should rise slightly, Daryanani forecast. The company is benefiting from stronger demand and new products, according to the analyst. Stratasys likely has the ability to raise its full-year profit guidance, but may decide not to do so in order to be conservative, the analyst wrote. If Stratasys doesn't raise its profit guidance, its earnings will probably beat expectations in the second half of the year, the analyst indicated. He kept a $126 price target and Outperform rating on the shares. PRICE ACTION: In early afternoon trading, 3D Systems jumped 5.5% to $55 and Stratasys (SSYS) gained 1.5% to $103. Other companies in the sector also advanced, with Voxeljet (VJET) surging 3% to $18, ExOne (XONE) rising 1% to $32.50, and Materialise (MTLS) gaining 3% to $12.
08:02 EDTDDD3D Systems August weekly volatility elevated into Q2 and outlook
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07:36 EDTSSYSStratasys results, guidance should beat expectations, says RBC Capital
RBC Capital expects Stratasys' June quarter results and FY14 revenue guidance to beat expectations. The firm thinks the company is benefiting from stronger demand and new products. It keeps a $126 price target and Outperform rating on the shares.
07:33 EDTDDD3D Systems well-positioned to raise 2H14 guidance, says RBC Capital
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July 28, 2014
11:28 EDTSSYS, VJET, DDD3D printer makers fall after Amazon unveils 3D product store
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July 23, 2014
10:19 EDTDDD3D Systems calls active on renewed takeover speculation
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09:59 EDTDDDRumor: 3D Systems strength attributed to renewed takeover speculation
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July 22, 2014
06:37 EDTVJET, SSYS, DDDPiper recommends buying 3D space following pullback
Piper Jaffray recommends using the recent weakness in shares of 3D printing companies as a buying opportunity, saying its Q2 reseller/industry survey yielded favorable feedback. The firm has Overweight ratings on 3D Systems (DDD), Materialise (MTLS), Materialise (MTLS), Proto Labs (PRLB) and Stratasys (SSYS). It has a Neutral rating on Voxeljet (VJET).

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