New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 22, 2013
12:50 EDTDDD, SSYS3D printer makers rally after upbeat notes from Piper
3D Systems (DDD) and Stratasys (SSYS), which develop 3D printers, are advancing after research firm Piper Jaffray released upbeat notes on both stocks earlier today. After speaking with resellers and other industry contacts, Piper analyst Troy Jensen believes that 3D Systems and Stratasys will both report stronger than expected fourth quarter results. The 3D printing sector will grow for the next several years, according to the analyst. Jensen hiked his price target on 3D Systems to $73 from $55 and raised his target on Stratasys to $94 from $81. He maintained Overweight ratings on both stocks. In early afternoon trading, 3D Systems climbed $4.48, or 6.81%, to $70.30, while Stratasys added $1.69, or 1.89%, to $91.38.
News For DDD;SSYS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 24, 2015
10:09 EDTSSYS, DDDStreet Check: Analyst made right call on 3D Systems
Subscribe for More Information
09:55 EDTDDD3D Systems falls on outlook, levels to watch
Subscribe for More Information
09:20 EDTDDDOn The Fly: Pre-market Movers
UP AFTER EARNINGS: eHealth (EHTH), up 24.7%... Starbucks (SBUX), up 4.2%... Microsoft (MSFT), up 5.2%... Google (GOOG, GOOGL), up 3.2% and up 3.7%, respectively... Amazon (AMZN), up 12% after reporting quarterly results and announcing shopping app for Apple Watch... Gigamon (GIMO), up 16.5%... Juniper Networks (JNPR), up 6.6%. ALSO HIGHER: Molycorp (MCP), up 10.2% following a Bloomberg report that China's export tax decision may boost rare earth demand... Mattel (MAT), up 4.4% after being upgraded to Buy from Neutral at Goldman... Innocoll (INNL), up 13.1% after 3.3M share Secondary priced at $9.00... Cytosorbents (CTSO), up 9.7% after CEO comments on CytoSorb in letter to shareholders. DOWN AFTER EARNINGS: Biogen (BIIB), down 4.7%... Altera (ALTR), down 1.7%... Pandora (P), down 4%... ResMed (RMD), down 8.7%... Xerox (XRX), down 4.7%... HomeAway (AWAY), down 3.6% after reporting quarterly results and departure of officers. ALSO LOWER: Ubiquiti (UBNT), down 14.4% following CFO resignation and preliminary third quarter results... 3D Systems (DDD), down 10.4% after reporting preliminary first quarter results... StemCells (STEM), down 23.2% after filing to sell common stock... Aerie Pharmaceuticals (AERI), down 54.7% after Rhopressa Phase 3 trial did not meet primary endpoint.
08:11 EDTDDD, SSYS3D Systems drops after 'abrupt interruption' in demand causes Q1 weakness
Subscribe for More Information
08:07 EDTDDD3D Systems evaluating FY15 guidance after Q1 weakness
Subscribe for More Information
08:05 EDTDDD3D Systems says Q2 bookings to-date ahead of same period in Q1
"Several weeks into the second quarter, bookings are ahead of the same period in the first quarter. Specifically, OEMs that paused to assess their own exposure to foreign currency and macroeconomic impacts are beginning to resume their capital investments and are making the purchases they deferred during the first quarter," said 3D Systems CEO Avi Reichental.
08:04 EDTDDD3D Systems 'surprised, disappointed' by abrupt interruption demand late in Q1
"We were surprised and disappointed by the abrupt interruption in customer demand late in the quarter from several economic factors that we believe caused our industrial customers to defer their planned investments," said 3D Systems CEO Avi Reichental. "We believe the combination of our expanding international business and growing concentration of manufacturing customers made us more vulnerable to the steep currencies decline relative to the U.S. Dollar and the aftermath of lower oil prices that curbed aerospace and automotive expenditures." The company believes that economic weaknesses attributable to several factors, including the decline in the Euro and Yen relative to the U.S. Dollar and the aftershock of lower oil prices, caused the majority of its aerospace, automotive and healthcare customers to curb new printer purchases during the quarter and curtail their materials and service purchases. In addition, certain metal and nylon applications and performance issues delayed the company's ability to sell additional printers during the quarter. The combined impact of these factors compressed the company's expected revenue growth for the quarter to 9% over the comparable quarter of 2014, or 17% at Q1 exchange rates. A stronger U.S. Dollar reduced total quarterly revenues by approximately $12M at comparable 1Q14 currency rates.
08:02 EDTDDD3D Systems sees Q1 EPS 2c-4c, consensus 17c
Subscribe for More Information
April 22, 2015
13:39 EDTSSYS, DDDAnalyst warns competition growing in 3D printing space
Subscribe for More Information
07:52 EDTDDD, SSYSStratasys 3D Systems having tough time with competition, says Oppenheimer
After attending a 3d printing conference, Oppenheimer says the outlook for the sector is as strong as ever, but that multiple new players are entering the market. The firm says that the competition is tough for both Stratasys and 3D Systems, although the latter may be seeing more pressure, since most of thee merging technologies seem to target its technologies. The firm keeps an Outperform rating on 3D Systems and a Perform rating on Stratasys.
April 21, 2015
07:09 EDTSSYSMakerBot's Thingverse, 3D Hubs announce new partnership
Subscribe for More Information
06:49 EDTSSYS, DDDResellers remain unhappy with 3D Systems, says Piper Jaffray
After surveying 62 3D printing resellers and service bureau operators, Piper Jaffray thinks the printing industry experienced a "modest downtick" in Q1 with "much more aggressive sales tactics" and "creative financing" used at the end of the quarter. Regarding Stratasys (SSYS), Piper's feedback did not point to above plan results as was the case in previous quarters. Regarding 3D Systems (DDD), Piper's survey indicated demand was "once again poor" with resellers still unhappy over the company’s channel management and product demand. Piper thinks Stratasys can match consensus estimates for Q1, but no longer views its guidance as conservative. The firm keeps a Neutral rating on both Stratasys and 3D Systems. Its Overweight rated names in the space are Materialise (MTLS) and Proto Labs (PRLB).
April 15, 2015
07:30 EDTSSYSStratasys price target lowered to $82 from $100 at Canaccord
Canaccord lowered its price target on Stratasys to $82 from $100 to reflect a more back-end loaded year driven by lengthening sales cycles at resellers, a challenging integration effort for digital manufacturing, and a less likely imminent recovery for MakerBot. Canaccord maintains its Buy rating on Stratasys.
April 13, 2015
06:00 EDTDDDStocks with implied volatility above IV index mean; DDD HOT
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use