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
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2014
07:13 EDTSSYSStratasys seeing strong demand, says Stifel
Subscribe for More Information
September 29, 2014
16:40 EDTARCWARC Group files to delay 10-K
Subscribe for More Information
September 26, 2014
07:34 EDTXONEKei Advisors to hold a conference
Western New York Investors Conference to be held in Buffalo, New York on September 26.
September 25, 2014
15:29 EDTARCWNotable companies reporting after market close
Subscribe for More Information
14:01 EDTSSYS, XONE, DDDAutodesk provides details on previously reported 3D plans, 3DPrint.com says
Subscribe for More Information
September 24, 2014
07:33 EDTSSYSStratasys acquisition should bring cross-selling opportunities, says RBC Capital
Subscribe for More Information
September 23, 2014
11:42 EDTDDD, XONE, SSYS 3D Systems rises after analyst reports 'unexpected' GM deal
Subscribe for More Information
11:04 EDTDDD3D Systems jumps 3% after Piper says deal landed with GM
11:03 EDTDDD3D Systems landed $6M-$8M deal with GM, says Piper Jaffray
Piper Jaffray says that based on conversations with industry contacts, it believes 3D Systems (DDD) landed an unexpected deal with General Motors (GM) in Q3. Piper thinks the Bluebird deal could be in the range of $6M-$8M. The firm believes the deal was not in 3D's pipeline. It has a Neutral rating on the stock.
08:08 EDTSSYSStratasys completes acquisition of GrabCAD
Subscribe for More Information
September 22, 2014
11:03 EDTSSYSUPS expands 3D printing across U.S. with Stratasys collaboration
UPS (UPS) is expanding 3D printing services to meet the growing demands of its small business customers to nearly 100 additional locations nationwide. As the first nationwide retailer to offer 3D printing services in-store, in collaboration with Stratasys (SSYS), the UPS Store continues to evolve its services to better meet the needs of small business owners.
06:12 EDTDDDStocks with implied volatility below IV index mean; QIHU DDD
Stocks with implied volatility below IV index mean; Qihoo 360 (QIHU) 41, 3D Systems (DDD) 39 according to iVolatility.
September 19, 2014
10:21 EDTDDD3D Systems shares compelling into quarter's end, says Canaccord
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