New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
10:54 EDTXONE, DDD, SSYS, ARCW3D printer makers fall after weaker than expected quarter from ExOne
Shares of 3D printer makers are falling after one of the names in the sector, ExOne (XONE), last night reported weaker than expected results. WHAT'S NEW: ExOne reported fourth quarter losses per share of 22c, compared with analysts' consensus forecast for a 4c per share profit. The company's revenue came in at $10.7M, missing the consensus outlook of $12.13M. ExOne provided fiscal 2014 revenue guidance of $55M-$60M, which was also below analysts' consensus estimate of $61.56M. The company said that its machine revenue fell 22% last quarter versus the same period a year earlier due to the type of machines it sold. On a positive note, however, ExOne sold 12 printing machines last quarter, up from eight during the previous quarter. ANALYST REACTION: In a note to investors earlier today, Brean Capital analyst Ananda Baruah recommended using today's weakness in 3D printing stocks 3D Systems (DDD), Stratasys (SSYS), and ARC Group (ARCW) as buying opportunities. ExOne's weaker than expected results do not reflect on demand for products from 3D Systems and ARC Group, Baruah wrote. Moreover, ExOne said that it had seen delays primarily for its higher end Sand core/mold printers, which are not an area of focus for 3D Systems, ARC Group, or Stratasys, the analyst believes. The number of metals printers sold by ExOne increased to five last quarter, up from two during the nine months before the fourth quarter. This upswing is slightly positive for 3D Systems and ARC Group, which are concentrating more on 3D metals printers, according to Baruah. The analyst reiterated Buy ratings on 3D Systems, Stratasys, and ARC Group. PRICE ACTION: In mid-morning trading, 3D Systems fell 2.8% to $60.90, Stratasys lost 1.3% to $114.74, ARC Group fell 2% to $30.75, and ExOne sank 9% to $39.75. Another name in the sector, Voxeljet (VJET), retreated 1.4% to $29.
News For XONE;DDD;SSYS;ARCW From The Last 14 Days
Check below for free stories on XONE;DDD;SSYS;ARCW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2014
13:58 EDTARCW, DDDBrean Capital to hold a conference
Subscribe for More Information
13:20 EDTSSYSCitigroup to hold a conference
Global Technology Conference to be held in New York on September 2-4.
August 29, 2014
11:00 EDTXONE, SSYS, DDDStratasys, 3D Systems rise after analyst starts coverage with Buy
Subscribe for More Information
10:19 EDTXONE, DDDOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:42 EDTARCWARC Group price target raised to $30 from $23 at Brean Capital
Brean Capital raised its price target on ARC Group to $30 from $23 to reflect its increasing confidence in its 2016 EBITDA thesis. The firm sees ARC Group as a way to invest in the use of advanced technologies impacting traditional fabrication of plastic and metal parts and keeps a Buy rating on the shares.
06:16 EDTDDD3D Systems initiated with a Buy at Stifel
Target $65.
06:16 EDTSSYSStratasys initiated with a Buy at Stifel
Subscribe for More Information
06:16 EDTXONEExOne initiated with a Hold at Stifel
Subscribe for More Information
August 28, 2014
17:01 EDTDDD3D Systems sees Simbionix acquisition immediately accretive
Subscribe for More Information
09:23 EDTSSYSStratasys management to meet with Brean Capital
Subscribe for More Information
06:22 EDTDDD3D Systems implied volatility of 41 at lower end of index mean range
August 20, 2014
07:23 EDTSSYSBrean Capital remains a buyer of Stratasys following management meetings
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