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Stock Market & Financial Investment News

News Breaks
April 1, 2014
13:48 EDTSSYS, DDDStratasys advances after analyst calls it best positioned in 3D sector
Shares of 3D printer maker Stratsys (SSYS) are higher after UBS initiated coverage of the stock with a Buy rating in a note to investors earlier today. WHAT'S NEW: 3D printing is "a disruptive innovation with a bright future," wrote UBS analyst Steven Milunovich. Stratasys is the best way to invest in this trend, partly due to its stronger execution than its peer, 3D Systems (DDD), along with the immediate potential of Stratasys' MakerBot unit, the analyst contended. Stratasys' earnings per share should rise 18% in 2014, while 3D Systems' earnings will be unchanged this year, Milunovich predicted. He set a $125 price target on Stratasys. WHAT'S NOTABLE: Milunovich initiated coverage of 3D Systems with a Neutral rating today. He thinks the company's near-term results are likely to be "bumpy" as it invests in its products and distribution this year. However, the analyst believes that 3D Systems' profits could surge in 2015. Moreover, the company's goals of increasing its revenues by 30% annually, excluding acquisitions, while raising its gross margin to 55%-60% are "aggressive but may be achievable," the analyst contended. He set a $62 price target on 3D Systems. PRICE ACTION: In early afternoon trading, Stratasys rose about 3% to trade near $109, while 3D Systems was down nearly 2%, to $58.
News For SSYS;DDD From The Last 14 Days
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March 27, 2015
07:31 EDTDDD3D Systems volatility flat as shares trade near two-year low
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March 26, 2015
09:10 EDTSSYS, DDDJefferies to hold a summit
3D Printing Summit is being held in New York on March 26.
08:08 EDTSSYSStratasys' MakerBot expands 3D printer sales to Sam's Club locations
MakerBot (SSYS) says it recently started selling the MakerBot Replicator Mini Compact 3D Printer at more than 300 Samís Club (WMT) retail locations across the United States.
08:02 EDTDDDHarman names 3D Systems CEO Avi Reichental to board of directors
Harman (HAR) announced that Avi N. Reichental has been elected to the companyís Board of Directors effective April 1, bringing the size of the Board to 10 directors. Reichental is President and CEO of 3D Systems (DDD).
March 25, 2015
11:52 EDTDDD, SSYSFly Watch: 3D printing summit to be held tomorrow
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09:09 EDTSSYSMakerBot, WYNIT announce partnership for distribution of 3D printers, scanners
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March 19, 2015
10:23 EDTDDD3D Systems calls active on renewed takeover chatter
3D Systems March 27 and 28 calls are active on 4,200 calls (500 puts) on renewed takeover chatter. March call option implied volatility is at 79, April is at 37, May is at is at 45; compared to its 26-week average of 42 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:16 EDTDDDRumor: 3D Systems moves up on renewed takeover chatter

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