Unnamed: 0
stringlengths 3
8
| Date
stringlengths 23
23
| Article_title
stringlengths 1
250
| Stock_symbol
stringlengths 1
5
| Url
stringlengths 44
135
| Publisher
stringclasses 1
value | Author
stringclasses 1
value | Article
stringlengths 1
343k
| Lsa_summary
stringlengths 3
53.9k
| Luhn_summary
stringlengths 1
53.9k
| Textrank_summary
stringlengths 1
53.9k
| Lexrank_summary
stringlengths 1
53.9k
| uuid
stringlengths 36
36
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
716800.0
|
2019-06-04 00:00:00 UTC
|
Why 3D Systems Stock Plunged 24% in May
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-stock-plunged-24-may-2019-06-04
|
nan
|
nan
|
What happened
Shares of 3D Systems (NYSE: DDD) plummeted 24% in May, according to data from S&P Global Market Intelligence. The stock is now down 19.5% in 2019 through June 3.
For context, shares of main rival Stratasys declined just 5.8% in May and are up 22.4% so far this year. The S&P 500, including dividends, fell 6.4% last month and is down 10.4% in 2019.
Image source: Getty Images.
So what
We can attribute 3D Systems stock's poor performance last month largely to the company's May 7 release of first-quarter 2019 results, which were worse than Wall Street and many investors were expecting. Shares plunged 18.8% on the day following the release.
Data by YCharts.
In Q1, 3D Systems' revenue fell 8.4% year over year to $152 million and, adjusted for one-time items, its loss per share widened to $0.09 from $0.03 in the year-ago period. Moreover, the company used $15.2 million of cash from operations during the quarter.
Wall Street analysts had been looking for an adjusted loss of $0.01 per share on revenue of $164.7 million. So, 3D Systems fell short on both the top and bottom lines.
3D Systems stock's poor showing in May was also likely due in part to tough overall market conditions, primarily the result of increasing global trade tensions.
Now what
I believe most investors should take a pass on 3D Systems stock for now -- at least until the company demonstrates that its turnaround has a solid shot at being successful. Bottom-fishing is a risky strategy -- unless you're trying to catch flounder.
A successful turnaround will depend on 3D Systems being able to profitably grow revenue and generate cash from operations.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 24% in May, according to data from S&P Global Market Intelligence. So what We can attribute 3D Systems stock's poor performance last month largely to the company's May 7 release of first-quarter 2019 results, which were worse than Wall Street and many investors were expecting. 3D Systems stock's poor showing in May was also likely due in part to tough overall market conditions, primarily the result of increasing global trade tensions.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 24% in May, according to data from S&P Global Market Intelligence. So what We can attribute 3D Systems stock's poor performance last month largely to the company's May 7 release of first-quarter 2019 results, which were worse than Wall Street and many investors were expecting. In Q1, 3D Systems' revenue fell 8.4% year over year to $152 million and, adjusted for one-time items, its loss per share widened to $0.09 from $0.03 in the year-ago period.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 24% in May, according to data from S&P Global Market Intelligence. So what We can attribute 3D Systems stock's poor performance last month largely to the company's May 7 release of first-quarter 2019 results, which were worse than Wall Street and many investors were expecting. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 24% in May, according to data from S&P Global Market Intelligence. So what We can attribute 3D Systems stock's poor performance last month largely to the company's May 7 release of first-quarter 2019 results, which were worse than Wall Street and many investors were expecting. Now what I believe most investors should take a pass on 3D Systems stock for now -- at least until the company demonstrates that its turnaround has a solid shot at being successful.
|
bf53b8e2-f493-4334-978c-be012f3af44a
|
716801.0
|
2019-05-26 00:00:00 UTC
|
Carbon IPO Watch: Is the 3D Printing Unicorn Preparing to Go Public?
|
DDD
|
https://www.nasdaq.com/articles/carbon-ipo-watch%3A-3d-printing-unicorn-preparing-go-public-2019-05-26
|
nan
|
nan
|
An initial public offering (IPO) looks as if it could be approaching for Carbon, the Silicon Valley-based 3D printing unicorn that exploded onto the tech scene in 2015 and is probably best known for partnering with adidas (NASDAQOTH: ADDYY) to produce running shoes with 3D-printed midsoles.
The fast-growing start-up has been making some moves that suggest it could soon be joining the likes of 3D printing companies 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) on the public equity markets.
Here's what you should know.
Image source: Getty Images.
Why a Carbon IPO could be approaching
There are several main reasons to believe a Carbon IPO is drawing near, including these points:
Carbon relatively recently made some "strategic updates" to its board and executive team of the type companies often make before going public.
The overall stock market is in good shape, which is a key factor in the timing of IPOs. The S&P 500 has returned 13.7% in 2019 through May 24.
The 3D printing stock space has at least stabilized after taking a beating following the go-go years of 2012 and 2013. While 3D Systems stock is struggling, Stratasys stock is up 25.6% so far this year.
Expounding on the first item, late last year the company named its first chief marketing officer, Dara Treseder. She previously served as CMO for GE Ventures and GE Business Innovations. It also promoted Elisa de Martel to CFO and named Debbie Messemer, a recently retired KPMG partner, to its board of directors and as chair of its newly formed audit committee.
While an IPO seems on the horizon, Carbon's activity last month suggests it might not be immediate. In April, the company authorized the sale of $300 million in Series E shares. If Carbon raises the full amount, its valuation could reach up to $2.5 billion, according to a Pitch Book estimate. The company was valued at $1.7 billion after its Series D round in late 2017.
Along with raising money from top venture capital firms, Carbon has received financial backing from the VC arms of corporate giants such as General Electric and Google parent Alphabet. In addition to adidas, its big-name partners include Ford, Johnson & Johnson, BMW, and UPS.
Image source: Carbon.
Carbon makes a splash on the world's tech stage
Much of the buzz has surrounded Carbon since early 2015, when co-founder and CEO Joseph DeSimone took to the world's coolest tech stage and demonstrated the company's breakthrough Digital Light Synthesis (DLS) technology for 3D printing polymers.
The speed at which Carbon's 3D printer churned out a spherical lattice object, made of a bouncy elastomer, left jaws hanging open among many watching DeSimone's TED talk. That's because 3D printing has notoriously moved at a turtle's pace. And while slow and steady might win the race in Aesop's famed fable, the reality was that the then-universal tortoise-like nature of 3D printers had made them non-starters when it came to having a shot at disrupting the traditional manufacturing sector. At the time of the TED talk, Carbon claimed that its tech was about 25 to 100 times faster than the leading 3D printing technologies, including those that power many of 3D Systems' and Stratasys' 3D printers
DeSimone is a polymer chemist by training who's on leave from his positions as a chemistry professor at UNC-Chapel Hill and North Carolina State University. He told me when I interviewed him soon after his TED talk that the media was naturally focusing on the speed of the company's technology -- originally called Continuous Liquid Interface Production, or CLIP -- because that was the capability he was able to easily demonstrate. But the even bigger story is the materials properties enabled by the tech, he said. Indeed, the lack of a wide range of materials has been one of the key obstacles holding back 3D printing from making greater inroads into manufacturing applications.
Concept for adidas' Futurecraft 4D running shoes with 3D-printed midsoles. Image source: adidas.
How Carbon's Digital Light Synthesis tech works and its applications
The most compelling part of this story to me, as I previously wrote, is that the company's "co-founders were inspired to develop [DLS] by the robotic assassin T-1000 from the movie Terminator 2, which rises from a pool of liquid metal to assume the form of any person or object." Indeed, DLS "grows" polymer parts continuously from a pool of liquid resin by harnessing ultraviolet light and oxygen. The tech can be considered a close cousin of stereolithography, which 3D Systems invented.
It's easy to understand why DLS is a hare in the 3D-printing-tech zoo full of tortoises and snails, if you keep in mind that it's a continuous process, while commercialized 3D printing techs have traditionally printed layer by layer, with pauses in between. The elimination of these pauses explains not only DLS's speed advantage, but also why it can reportedly produce objects with surface qualities and mechanical properties on par with injection-molded plastics.
Carbon's technology has a wide range of potential applications, and the company has customers in many diverse industries. However, two markets have emerged as big ones: protective/shock-absorbing components for athletic gear, and dental. Dental isn't unique, as other 3D printing companies have long served this market, but Carbon does have a distinction within this space: Through its teaming with dental company DENTCA, Carbon dental customers "have access to the first FDA-cleared materials for 3D-printed dentures."
Producing protective components for athletic gear is a natural fit for DLS because the tech particularly excels at printing lattice-like structures -- which can't be manufactured by traditional manufacturing techniques -- made from elastomers, which are polymers with properties like natural rubber. Carbon's marquee partnership in this space is with adidas, which has the world's No. 2 maker of athletic shoes using DLS to produce midsoles for its Futurecraft 4D line of running shoes, which will eventually be available in customized versions.
Carbon recently scored another win -- make it a touchdown -- in this realm. In February, it partnered with Riddell, a leading manufacturer of football helmets and shoulder pads, to produce what the companies tout as the "first-ever 3D-printed football helmet liner." These lattice liners will be customized to fit the athlete's head.
Carbon seems to be building a great business, but we'll have to see its financials to determine if it looks like it can be a winning investment.
10 stocks we like better than Stratasys
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Beth McKenna has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares) and Alphabet (C shares). The Motley Fool recommends 3D Systems, BMW, and Stratasys. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The fast-growing start-up has been making some moves that suggest it could soon be joining the likes of 3D printing companies 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) on the public equity markets. An initial public offering (IPO) looks as if it could be approaching for Carbon, the Silicon Valley-based 3D printing unicorn that exploded onto the tech scene in 2015 and is probably best known for partnering with adidas (NASDAQOTH: ADDYY) to produce running shoes with 3D-printed midsoles. He told me when I interviewed him soon after his TED talk that the media was naturally focusing on the speed of the company's technology -- originally called Continuous Liquid Interface Production, or CLIP -- because that was the capability he was able to easily demonstrate.
|
The fast-growing start-up has been making some moves that suggest it could soon be joining the likes of 3D printing companies 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) on the public equity markets. Carbon makes a splash on the world's tech stage Much of the buzz has surrounded Carbon since early 2015, when co-founder and CEO Joseph DeSimone took to the world's coolest tech stage and demonstrated the company's breakthrough Digital Light Synthesis (DLS) technology for 3D printing polymers. Producing protective components for athletic gear is a natural fit for DLS because the tech particularly excels at printing lattice-like structures -- which can't be manufactured by traditional manufacturing techniques -- made from elastomers, which are polymers with properties like natural rubber.
|
The fast-growing start-up has been making some moves that suggest it could soon be joining the likes of 3D printing companies 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) on the public equity markets. Why a Carbon IPO could be approaching There are several main reasons to believe a Carbon IPO is drawing near, including these points: Carbon relatively recently made some "strategic updates" to its board and executive team of the type companies often make before going public. Carbon makes a splash on the world's tech stage Much of the buzz has surrounded Carbon since early 2015, when co-founder and CEO Joseph DeSimone took to the world's coolest tech stage and demonstrated the company's breakthrough Digital Light Synthesis (DLS) technology for 3D printing polymers.
|
The fast-growing start-up has been making some moves that suggest it could soon be joining the likes of 3D printing companies 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) on the public equity markets. While 3D Systems stock is struggling, Stratasys stock is up 25.6% so far this year. See the 10 stocks *Stock Advisor returns as of March 1, 2019 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.
|
c92b700d-b8c5-41b3-abd9-ba506ac1d18b
|
716802.0
|
2019-05-22 00:00:00 UTC
|
3D Systems vs. Stratasys: Which Had the Better Q1 Earnings Results?
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-vs.-stratasys%3A-which-had-better-q1-earnings-results-2019-05-22
|
nan
|
nan
|
Earlier this month, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) both reported first-quarter 2019 earnings (3D Systems here and Stratasys here). We're going to compare their results.
Keep in mind that qualitative factors can be just as meaningful as quantitative ones and we're just examining one quarter. Nonetheless, the findings from this metric face-off should help you make investing decisions in the 3D printing space.
Image source: Getty Images.
Revenue
Data sources: Company earnings reports.
Advantage: Stratasys
Stratasys is the clear-cut winner here, as its revenue edged up slightly while its rival's declined considerably. Stratasys actually performed better than its results suggest. "After adjusting for the sales of our divested entities during 2018, on a like-for-like basis, total revenue was up 3% for the first quarter and 5% after also adjusting for foreign currency exchange rate changes," CFO Lilach Payorski said on the earnings call.
That said, both companies have been struggling to grow revenue over the last several years. Overcapacity in the field was likely the initial main reason, though increased competition -- particularly from HP Inc. and well-funded privately held Carbon -- has probably been the bigger reason more recently.
GAAP earnings per share (EPS)
Data sources: Company earnings reports. GAAP = generally accepted accounting principles.
Advantage: Stratasys.
Both companies remain unprofitable on a GAAP basis, but Stratasys is performing better than 3D Systems on this front. Its loss narrowed considerably from the first quarter of last year, while 3D Systems' widened substantially.
Stratasys' win here is a continuation of a trend. In 2018, its GAAP loss narrowed 71% from 2017, while 3D Systems' GAAP loss narrowed just 31%.
Adjusted EPS
Data sources: Company earnings reports.
Advantage: Stratasys.
Stratasys easily wins this category. Not only was it profitable on an adjusted basis in Q1, but its profitability doubled from the year-ago quarter. Conversely, 3D Systems posted a loss, and its loss widened considerably year over year.
Image source: Stratasys.
GAAP gross margin
Data sources: Company earnings reports.
Advantage: Stratasys.
Once again, Stratasys is the decisive victor. Its GAAP gross margin was a solid 600 basis points (6 percentage points) higher than 3D Systems'. Moreover, Stratasys' gross margin was steady relative to the year-ago quarter, while 3D Systems' declined.
A higher gross margin relative to a competitor can be indicative of better operating efficiency and/or better pricing power.
Liquidity -- net cash on hand and operating cash flow
Data sources: Company earnings reports.
Advantage: Stratasys.
Stratasys takes both aspects of this category: It's sitting on a much bigger pile of cash than 3D Systems and it generated cash from operations in the quarter, whereas 3D Systems' operations used cash.
Moreover, Stratasys' cash generated from operations declined from the year-ago period's $27.1 million "primarily due to timing of tax payments and proactive step to increase inventory levels in order to improve fulfillment time and support product demand," CFO Payorski said on the earnings call.
Research and development spending
Data sources: Company earnings reports.
Advantage: Tie.
The two companies are spending a very similar percentage of their total revenue on R&D. Investing in innovation is crucial for companies involved in rapidly evolving technology markets.
2019 guidance
Data sources: Q4 2018 earnings reports and conference calls.
Advantage: N/A
As with 2018, 3D Systems didn't provide guidance for 2019.
The winner is... Stratasys
(Cue: Queen's We Are the Champions)
Final score: Stratasys: 5; 3D Systems: 0; tie or N/A: 2.
Keep in mind the caveats mentioned in the opening: Qualitative factors can sometimes be as important as quantitative ones and we just looked at one quarter's results. Moreover, we didn't cover stock valuations.
On a related note, shares of Stratasys have gained 30.3% so far in 2019 through May 21, while shares of 3D Systems are down 14.2%. The S&P 500 has returned 15.2% over this period.
10 stocks we like better than Stratasys
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Earlier this month, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) both reported first-quarter 2019 earnings (3D Systems here and Stratasys here). A higher gross margin relative to a competitor can be indicative of better operating efficiency and/or better pricing power. Moreover, Stratasys' cash generated from operations declined from the year-ago period's $27.1 million "primarily due to timing of tax payments and proactive step to increase inventory levels in order to improve fulfillment time and support product demand," CFO Payorski said on the earnings call.
|
Earlier this month, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) both reported first-quarter 2019 earnings (3D Systems here and Stratasys here). GAAP earnings per share (EPS) Data sources: Company earnings reports. Adjusted EPS Data sources: Company earnings reports.
|
Earlier this month, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) both reported first-quarter 2019 earnings (3D Systems here and Stratasys here). Advantage: Stratasys Stratasys is the clear-cut winner here, as its revenue edged up slightly while its rival's declined considerably. Stratasys takes both aspects of this category: It's sitting on a much bigger pile of cash than 3D Systems and it generated cash from operations in the quarter, whereas 3D Systems' operations used cash.
|
Earlier this month, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) both reported first-quarter 2019 earnings (3D Systems here and Stratasys here). Image source: Stratasys. GAAP gross margin Data sources: Company earnings reports.
|
a1c1eaf8-6831-4266-919e-7502643c6b64
|
716803.0
|
2019-05-16 00:00:00 UTC
|
5 Low-Priced, High-Potential Tech Stocks to Buy
|
DDD
|
https://www.nasdaq.com/articles/5-low-priced-high-potential-tech-stocks-to-buy-2019-05-16
|
nan
|
nan
|
[Editor’s note: This story was previously published in April 2019. It has since been updated and republished.]
Given their surge over the last few years, tech stocks aren’t cheap — at least when it comes to their actual share prices. Top leaders like Amazon (NASDAQ:) and Google (NASDAQ:, NASDAQ:GOOGL) can be had for north of a grand per share, while even smaller tech stocks like ServiceNow (NASDAQ:) can be had for over $100 per share. And while, as we said before, “price is what you pay, value is what you get,” there is something about buying cheap stocks that can result in higher returns.
So, if it was possible to combine the potential of tech stocks with the financial advantages of low-priced ones, you’d have very powerful weapon indeed.
Luckily, there are a number of those stocks to buy. These cheap tech stocks can be had for under $15 per share, and many of them have plenty of catalysts to propel them forward. They aren’t without risk, but they do have plenty of reward potential. So which of those stocks should you look to buy?
Here are five cheap tech stocks to buy for your portfolio.
Cheap Tech Stocks to Buy: Fitbit (FIT)
Source: Shutterstock
Share Price: $5.10
It’s no surprise that former wearable device superstar Fitbit (NYSE:) is now a low-priced tech stock. The device marker spent much of 2017 and 2018 in freefall as wearable device growth has failed to catch up with lofty expectations. And as fellow InvestorPlace contributor Josh Enomoto has mentioned, the segment has been a victim of the dreaded “C” word — commoditization.
So, why be bullish on the floundering device maker?
It comes down to healthcare, health insurance and FIT’s low prices for devices.
John Handcock made waves last year when it announced that it was no longer underwriting traditional life insurance policies and will only be issuing more dynamic policies tied to a wearable device. Corporate America is getting in on the act as well and has started to offer incentives/breaks on health insurance to employees wearing fitness trackers.
For FIT, this could be its opportunity. A low price, a name brand and a huge makes it an ideal partner in these instances. With healthcare costs rising, firms and employees are going to be doing everything they can to get insurance premiums lower. Already, sales at FIT seem to be picking up. With tracking requirements becoming the norm, Fitbit could be a major winner.
And at just over $5 per share, it’s worth that gamble.
Glu Mobile (GLUU)
Source: Shutterstock
Share Price: $8.84
One-hundred and twenty-two percent. That’s a great yearly return for any stock, yet one that makes mobile games for your smart-phone. But for Glu Mobile (NASDAQ:), its 2018 return may just be a drop in the bucket. That’s because GLUU’s turnaround is finally paying off.
A few years ago, mobile gaming was super hot — and then the bottom dropped out. GLUU and its rivals were hit hard. In that downturn, the game developer’s management undertook a big turnaround plan. For starters, they focused more on games they fully owned rather than celebrity licensed properties. This allowed them to reap higher margins from in-app purchases and downloads. With bookings rising for these so-called growth games, Glu was actually able to be cash flow positive
GLUU was also able to reduce its debt load and build a strong cash balance over the last year.
With that, GLUU stock has surged. The best part is that the firm’s development pipeline still seems robust, with several potential hits coming over the next few quarters. This includes a new World Wrestling Entertainment (NYSE:) game as well as a title under license from Walt Disney’s (NYSE:) Pixar. Moreover, several other games in development are targeted at female gamers — an underrepresented niche. That gives Glu a potentially huge market all to itself.
With the firm now firing on all cylinders and gaming still going strong, the less than $9 per share tech stock seems like a bargain at a P/E of 26.
Nokia Oyj (ADR) (NOK)
Source: Shutterstock
Share Price: $4.95
Ask many people what they think about Nokia Oyj (ADR) (NYSE:) and odds are, they will say “washed up.” And that may be true to a point — when it comes to devices. But Nokia still remains one of the most important tech stocks in the entire wireless world. The reason comes down to one letter and one number.
I’m talking about 5G.
As its handset leadership position was fading, Nokia made two shrewd buyouts: industrial conglomerate Siemens‘ networking business and the Alcatel-Lucent assets. With those two buys, Nokia became an equipment maker that brings all the data, voice and video to the end users. Who cares about what device it’s on?
This switch has been wonderful for NOK stock. Current 4G networks aren’t cutting it with all the streaming video, mobile commerce and gaming we’re now doing on our phones and tablets. Because of that, telecom firms are now spending some big bucks to upgrade their networks. And a lot of it is coming NOK’s way.
Sales at Nokia continue to rise, clocking in at 5 billion euros last quarter. The bulk of that was networking and 5G hardware.
And yet, NOK shares remain a castaway among cheap tech stocks. At under $5 and with a 3.8% dividend yield, it’s a good stock to buy.
TeleNav (TNAV)
Source: Shutterstock
Share Price: $7.13
Sometimes partnering with a larger firm can boost the fortunes smaller tech stocks. For TeleNav (NASDAQ:), that means being buddies with Amazon (NASDAQ:). Amazon has been looking for ways to get its AI voice assistant, Alexa, into more devices and into every American’s home. A big push in that is into automobiles. This is where TNAV comes in.
TeleNav provides several location-based systems to create a smarter, safer & more personalized user experience for drivers. This includes routing, guidance, positioning and search. The kicker is that TNAV’s systems are much more than just your normal GPS. They use AI and voice assistants, allow advertisers and in-car commerce — such as go-ahead ordering — and the like. Amazon joined with TNAV in a deal that would make
What TNAV is really doing is building a portfolio of data that Amazon or other firms could potentially massage and exploit later on. What it gets is a huge platform to build on for future real-time advertising, sales and infotainment options. It’s a win-win for TNAV, AMZN and other future partners.
The opportunity is huge. And yet, TNAV trades at just around $7 per share. That’s a huge bargain for its potential — even more so when considering that firm continues to grow its and finally has achieved positive cash flows at the end of last quarter.
In the end, this is one tech stock that won’t stay low-priced for much longer. As a result, it’s a good stock to buy.
3D Systems (DDD)
Source:
Share Price: $8.73
One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. The ability to create three-dimensional objects out of metals, plastics or even biopolymers is truly exciting. And over the years, 3D printing has gone from a niche hobby to mainstream production. Leading the way has been top tech stock 3D Systems (NYSE:).
However, lately, DDD has been a shell of its former self. The former high flyer and triple-digit-priced tech stock can now be had for around $8.75. At that price, 3D may be a big-time buy.
For one thing, the firm is growing. DDD’s revenues jumped 6.4% year-over-year to $687.7 million. At the same time, the growth in several key areas allowed 3D to realize a profit. Adjusted earnings per share for all of 2018 came in at 15 cents. That was versus a loss per share of 2 cents recorded in 2017. So, things have gotten a bit better at DDD now that 3D printing has gained significant steam.
And the firm has more levers to pull. DDD continues to push harder into healthcare and the dental sector. Prosthetics, implants and braces have the potential to be massive markets for the firm, one that is being tapped just now.
For investors, DDD stock’s fall from grace has more to do with it simply losing its momentum and fad status. Which means, value hunters can snag shares of this low-priced tech stock for basement-level prices, making it a good stock to buy.
At the time of writing, Aaron Levitt was long AMZN.
The post appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (DDD) Source: Share Price: $8.73 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
3D Systems (DDD) Source: Share Price: $8.73 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
3D Systems (DDD) Source: Share Price: $8.73 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
3D Systems (DDD) Source: Share Price: $8.73 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
50c9f836-03f9-4dfa-996c-109b71ae3f21
|
716804.0
|
2019-05-08 00:00:00 UTC
|
Avoid 3D Systems Stock Until It Stops Flashing Warning Signs
|
DDD
|
https://www.nasdaq.com/articles/avoid-3d-systems-stock-until-it-stops-flashing-warning-signs-2019-05-08
|
nan
|
nan
|
So far it has been a great year for equities. Even after this week’s dip from the geopolitical headlines regarding China tariff meetings, stocks are strong in 2019 and we are barely off the all-time highs. But not all stocks are happy about it. Take 3D Systems (NYSE:) for example. DDD stock came into the earnings up only 4%, while the S&P 500 is up 15% year to date.
Source:
This week has been especially brutal for DDD stock. Yesterday it fell 4% ahead of earnings then fell another 15% after hours. Management reported earnings after the market closed and Wall Street hated them.
There was not much to celebrate, so the selling is justified. They missed on all metrics, which left the bulls no reason to buy or defend the stock. Earnings fell short of expectations by nine times. This was also a 200% deterioration from last year. Furthermore, they missed sales by 7% and that too was a 38% decline from last year.
So clearly the trends are alarming, which is why the stock is reverting to lows. So the question here becomes a matter of finding a floor. Is this dip in DDD stock an opportunity to buy? The safe answer is no.
This is not the same as saying short it. It just lacks the catalyst that I need to bet for upside. The only reason it bottoms here is purely based on hope and that is not a strategy I want to employ here.
If I already own the shares and haven’t sold them yet, then it’s perhaps too late to do so on this dip. Maybe it catches the eye of an activist investor or some analyst comes to its defense. But I definitely need someone to show me a reason to expect a rally in 3D Systems stock.
Don’t label me a hater. I am one who loves the idea of having DDD’s technology in my house. In fact, I’ve been on record saying that eventually, we will all have a 3D printer appliance at home like we do microwaves. I see a day where we buy schematics to print the parts we need instead of buying the parts.
Bottom Line on DDD Stock
But for now, clearly, DDD needs help figuring out a way to make it a financially viable model and therein lies my hesitation.
DDD came into its earnings event up only 4% compared to Stratasys (NASDAQ:) and ExOne (NASDAQ:), which are up 38% and 25%, respectively, for the same period. While none of their charts are exciting, for some reason, those two are outperforming the indices this year, while 3D languishes in negative territory after today. This is worse for the 12-month period as DDD is down almost 20% when the other two are up as much or more. In the long run, the whole sector is languishing red which adds to my argument today.
Fundamentally, DDD stock sells inline with its competitors from a price-to-sales perspective. So until they become profitable, the lack of sales growth is a critical lid on the stock. It needs to start growing sales and last night’s report told the opposite story.
3D Systems stock is clearly broken and the company could be broken too. The onus is squarely on management to convince the investors otherwise.
Nicolas Chahine is the managing director of . As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and .
More From InvestorPlace
The post appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
DDD stock came into the earnings up only 4%, while the S&P 500 is up 15% year to date. Source: This week has been especially brutal for DDD stock. Is this dip in DDD stock an opportunity to buy?
|
Fundamentally, DDD stock sells inline with its competitors from a price-to-sales perspective. DDD stock came into the earnings up only 4%, while the S&P 500 is up 15% year to date. Source: This week has been especially brutal for DDD stock.
|
DDD stock came into the earnings up only 4%, while the S&P 500 is up 15% year to date. Is this dip in DDD stock an opportunity to buy? Bottom Line on DDD Stock But for now, clearly, DDD needs help figuring out a way to make it a financially viable model and therein lies my hesitation.
|
DDD stock came into the earnings up only 4%, while the S&P 500 is up 15% year to date. Is this dip in DDD stock an opportunity to buy? Source: This week has been especially brutal for DDD stock.
|
ee6407da-dea5-41f7-9aba-0d3d78971d68
|
716805.0
|
2019-05-08 00:00:00 UTC
|
Technology Sector Update for 05/08/2019: TWOU, DDD, EA, MSFT, AAPL, IBM, CSCO, GOOG
|
DDD
|
https://www.nasdaq.com/articles/technology-sector-update-for-05-08-2019%3A-twou-ddd-ea-msft-aapl-ibm-csco-goog-2019-05-08
|
nan
|
nan
|
Top Technology Stocks:
MSFT: -0.19%
AAPL: -0.42%
IBM: +0.24%
CSCO: -0.28%
GOOG: Flat
Most tech majors were trading lower pre-bell Wednesday.
Early movers include:
(-) 2U (TWOU), which was down nearly 20% after providing downbeat guidance for its current quarter. The company said in its Q1 earnings release that it anticipates Q2 adjusted net loss per share between $0.36 and $0.35 and revenue in the range of $124.3 to $125 million.
(-) 3D Systems (DDD) was down more than 16% after it reported Q1 net loss of $0.09 per share, compared with a loss of $0.03 per share in the year-ago quarter. Analysts polled by Capital IQ were expecting a net loss of $0.01 per share.
(+) Electronic Arts (EA) was nearly 8% higher after booking Q4 earnings of $0.69 per share, a decline from the $1.95 per share recorded in the year-ago quarter. Analysts polled by Capital IQ were expecting GAAP EPS of $0.59 per share and non-GAAP earnings of $0.97 per share.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
(-) 3D Systems (DDD) was down more than 16% after it reported Q1 net loss of $0.09 per share, compared with a loss of $0.03 per share in the year-ago quarter. GOOG: Flat Most tech majors were trading lower pre-bell Wednesday. Early movers include: (-) 2U (TWOU), which was down nearly 20% after providing downbeat guidance for its current quarter.
|
(-) 3D Systems (DDD) was down more than 16% after it reported Q1 net loss of $0.09 per share, compared with a loss of $0.03 per share in the year-ago quarter. Analysts polled by Capital IQ were expecting a net loss of $0.01 per share. Analysts polled by Capital IQ were expecting GAAP EPS of $0.59 per share and non-GAAP earnings of $0.97 per share.
|
(-) 3D Systems (DDD) was down more than 16% after it reported Q1 net loss of $0.09 per share, compared with a loss of $0.03 per share in the year-ago quarter. (+) Electronic Arts (EA) was nearly 8% higher after booking Q4 earnings of $0.69 per share, a decline from the $1.95 per share recorded in the year-ago quarter. Analysts polled by Capital IQ were expecting GAAP EPS of $0.59 per share and non-GAAP earnings of $0.97 per share.
|
(-) 3D Systems (DDD) was down more than 16% after it reported Q1 net loss of $0.09 per share, compared with a loss of $0.03 per share in the year-ago quarter. Top Technology Stocks: Analysts polled by Capital IQ were expecting a net loss of $0.01 per share.
|
5bb235fc-a059-400a-a7d9-23b7cd3d4471
|
716806.0
|
2019-05-07 00:00:00 UTC
|
3D Systems Earnings: DDD Stock Plummets on Wide Q1 Loss, Revenue Miss
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings%3A-ddd-stock-plummets-wide-q1-loss-revenue-miss-2019-05-07
|
nan
|
nan
|
3D Systems (NYSE:) unveiled its latest quarterly earnings results late on Tuesday afternoon, bringing in figures that failed to live up to expectations as the company’s loss was wider than what Wall Street projected in its forecast, while revenue was also below the cut, playing a role in DDD stock sinking close to 15% after hours.
The Rock Hill, S.C.-based 3D printer maker said that for its first quarter of its fiscal 2019, it posted a loss of $24.4 million, which tallied up to roughly 22 cents per share. This figure game in at 9 cents per share when adjusted for stock option expense and severance costs.
These results were weaker than what the Wall Street consensus estimate called for as the average projection of five analysts who were surveyed by Zacks Investment Research was for 3D Systems to bring in a loss of a penny per share. The company added that its sales for the quarter came in at $152 million, which was also below what Wall Street called for in its revenue outlook.
The Wall Street guidance of four analysts who were surveyed by Zacks saw the business bringing in sales of $166.2 million on average.
DDD stock was down about 4.1% during regular trading hours as the company geared up to report its results for its first three-month period of its fiscal 2019. Shares then declined a whopping 14.1% after the bell Tuesday as 3D Systems unveiled results that were considerably weaker than what the Wall Street guidance foresaw.
The post appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE:) unveiled its latest quarterly earnings results late on Tuesday afternoon, bringing in figures that failed to live up to expectations as the company’s loss was wider than what Wall Street projected in its forecast, while revenue was also below the cut, playing a role in DDD stock sinking close to 15% after hours. DDD stock was down about 4.1% during regular trading hours as the company geared up to report its results for its first three-month period of its fiscal 2019. These results were weaker than what the Wall Street consensus estimate called for as the average projection of five analysts who were surveyed by Zacks Investment Research was for 3D Systems to bring in a loss of a penny per share.
|
3D Systems (NYSE:) unveiled its latest quarterly earnings results late on Tuesday afternoon, bringing in figures that failed to live up to expectations as the company’s loss was wider than what Wall Street projected in its forecast, while revenue was also below the cut, playing a role in DDD stock sinking close to 15% after hours. DDD stock was down about 4.1% during regular trading hours as the company geared up to report its results for its first three-month period of its fiscal 2019. These results were weaker than what the Wall Street consensus estimate called for as the average projection of five analysts who were surveyed by Zacks Investment Research was for 3D Systems to bring in a loss of a penny per share.
|
3D Systems (NYSE:) unveiled its latest quarterly earnings results late on Tuesday afternoon, bringing in figures that failed to live up to expectations as the company’s loss was wider than what Wall Street projected in its forecast, while revenue was also below the cut, playing a role in DDD stock sinking close to 15% after hours. DDD stock was down about 4.1% during regular trading hours as the company geared up to report its results for its first three-month period of its fiscal 2019. These results were weaker than what the Wall Street consensus estimate called for as the average projection of five analysts who were surveyed by Zacks Investment Research was for 3D Systems to bring in a loss of a penny per share.
|
3D Systems (NYSE:) unveiled its latest quarterly earnings results late on Tuesday afternoon, bringing in figures that failed to live up to expectations as the company’s loss was wider than what Wall Street projected in its forecast, while revenue was also below the cut, playing a role in DDD stock sinking close to 15% after hours. DDD stock was down about 4.1% during regular trading hours as the company geared up to report its results for its first three-month period of its fiscal 2019. The Rock Hill, S.C.-based 3D printer maker said that for its first quarter of its fiscal 2019, it posted a loss of $24.4 million, which tallied up to roughly 22 cents per share.
|
ffa95366-d8aa-4497-8370-9443e7eef2f1
|
716807.0
|
2019-05-06 00:00:00 UTC
|
Notable Monday Option Activity: NCR, VMW, DDD
|
DDD
|
https://www.nasdaq.com/articles/notable-monday-option-activity%3A-ncr-vmw-ddd-2019-05-06
|
nan
|
nan
|
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in NCR Corp (Symbol: NCR), where a total of 4,686 contracts have traded so far, representing approximately 468,600 underlying shares. That amounts to about 89.3% of NCR's average daily trading volume over the past month of 524,955 shares. Especially high volume was seen for the $25 strike put option expiring May 17, 2019, with 1,782 contracts trading so far today, representing approximately 178,200 underlying shares of NCR. Below is a chart showing NCR's trailing twelve month trading history, with the $25 strike highlighted in orange:
VMware Inc (Symbol: VMW) options are showing a volume of 7,703 contracts thus far today. That number of contracts represents approximately 770,300 underlying shares, working out to a sizeable 86.6% of VMW's average daily trading volume over the past month, of 889,410 shares. Especially high volume was seen for the $190 strike put option expiring July 19, 2019, with 2,513 contracts trading so far today, representing approximately 251,300 underlying shares of VMW. Below is a chart showing VMW's trailing twelve month trading history, with the $190 strike highlighted in orange:
And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 10,045 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 85.9% of DDD's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $9.50 strike put option expiring May 17, 2019, with 6,026 contracts trading so far today, representing approximately 602,600 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $9.50 strike highlighted in orange:
For the various different available expirations for NCR options, VMW options, or DDD options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Especially high volume was seen for the $9.50 strike put option expiring May 17, 2019, with 6,026 contracts trading so far today, representing approximately 602,600 underlying shares of DDD. Below is a chart showing VMW's trailing twelve month trading history, with the $190 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 10,045 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 85.9% of DDD's average daily trading volume over the past month, of 1.2 million shares.
|
Below is a chart showing VMW's trailing twelve month trading history, with the $190 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 10,045 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 85.9% of DDD's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $9.50 strike put option expiring May 17, 2019, with 6,026 contracts trading so far today, representing approximately 602,600 underlying shares of DDD.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $9.50 strike highlighted in orange: For the various different available expirations for NCR options, VMW options, or DDD options, visit StockOptionsChannel.com. Below is a chart showing VMW's trailing twelve month trading history, with the $190 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 10,045 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 85.9% of DDD's average daily trading volume over the past month, of 1.2 million shares.
|
Especially high volume was seen for the $9.50 strike put option expiring May 17, 2019, with 6,026 contracts trading so far today, representing approximately 602,600 underlying shares of DDD. Below is a chart showing VMW's trailing twelve month trading history, with the $190 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 10,045 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 85.9% of DDD's average daily trading volume over the past month, of 1.2 million shares.
|
daa0f701-4bb2-4031-b591-397a8bcea5ca
|
716808.0
|
2019-04-21 00:00:00 UTC
|
Stratasys Q1 Earnings Preview: What to Watch
|
DDD
|
https://www.nasdaq.com/articles/stratasys-q1-earnings-preview-what-watch-2019-04-21
|
nan
|
nan
|
Stratasys (NASDAQ: SSYS) is slated to report its first-quarter 2019 results before the market opens on Thursday, May 2.
Unlike in recent quarters, it's on track to be the first of the two leading publicly traded, pure-play 3D printing companies to report. Rival 3D Systems (NYSE: DDD) is scheduled to release its results after the market closes on Tuesday, May 7. (Here's what to watch in 3D Systems' report.)
Shares of Stratasys are up a whopping 32.2% in 2019 through Thursday, April 18. (The market was closed on April 19.) For context, shares of 3D Systems are up 7.1% and the S&P 500 has returned 16.6% over this period. Stratasys stock has also outperformed 3D Systems' over the last year.
While both companies are still in the turnaround process, Stratasys has generally been performing better, so it's not surprising that the market has rewarded it for doing so.
Image source: Getty Images.
Key quarterly numbers
Here are Stratasys' year-ago results and Wall Street's estimates to use as benchmarks.
YOY = year over year. Data sources: Stratasys and Yahoo! Finance.
Analysts are expecting Stratasys' performance in the first quarter to be quite similar to its performance last quarter: revenue slightly contracting and adjusted earnings growing solidly year over year. In Q4 2018, revenue dipped 1.2% and adjusted EPS jumped 31% from the prior-year period. Moreover, GAAP earnings flipped from negative to positive.
While long-term investors shouldn't place too much importance on the Street's near-term estimates, they're helpful to keep in mind because they often help explain market reactions.
CEO search
On theearnings call investors should expect an update on the progress of the CEO search. Stratasys has been without a permanent CEO since last June, when Ilan Levin resigned after serving nearly two years in this position. He had succeeded longtime CEO David Reis.
Elan Jaglom, the company's chairman of the board, has been serving as interim CEO. He's being assisted by Reis, vice chairman of the board and executive director. Jaglom had this to say on the topic during last quarter's call:
Victor Leventhal, chairman of our compensation committee, and I, as the company's executive search committee, have been actively interviewing CEO candidates. They are all outstanding leaders with global operational experience and a strong history of growing large public companies and delivering significant shareholder value.
3D printer revenue
Investors should continue to focus on sales of 3D printers. This business is much more important than it might initially seem. That's because sales of 3D printers drive sales of print materials, which sport high profit margins.
Last quarter, 3D printer revenue fell 7% year over year, which was disappointing since this metric was flat in the third quarter, after declining 8.2% and 21% in the second and first quarters, respectively.
Gross margin
Investors should also continue to focus on gross margin. Last quarter, Stratasys' gross margin as reported (GAAP) was 49.1%, up from 48.7% in the fourth quarter of 2017. Its adjusted gross margin came in at 52.2%, down slightly from 52.5% in the year-ago period but up a tick from the previous quarter's 52.1%.
For context, 3D Systems' GAAP gross margin was 45.7% last quarter, down from 48.2% in the year-ago period.
Gross margin reflects pricing pricing power so it can often help gauge competitive pressures.
10 stocks we like better than Stratasys
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Rival 3D Systems (NYSE: DDD) is scheduled to release its results after the market closes on Tuesday, May 7. Stratasys (NASDAQ: SSYS) is slated to report its first-quarter 2019 results before the market opens on Thursday, May 2. Unlike in recent quarters, it's on track to be the first of the two leading publicly traded, pure-play 3D printing companies to report.
|
Rival 3D Systems (NYSE: DDD) is scheduled to release its results after the market closes on Tuesday, May 7. Analysts are expecting Stratasys' performance in the first quarter to be quite similar to its performance last quarter: revenue slightly contracting and adjusted earnings growing solidly year over year. Last quarter, Stratasys' gross margin as reported (GAAP) was 49.1%, up from 48.7% in the fourth quarter of 2017.
|
Rival 3D Systems (NYSE: DDD) is scheduled to release its results after the market closes on Tuesday, May 7. Analysts are expecting Stratasys' performance in the first quarter to be quite similar to its performance last quarter: revenue slightly contracting and adjusted earnings growing solidly year over year. Last quarter, 3D printer revenue fell 7% year over year, which was disappointing since this metric was flat in the third quarter, after declining 8.2% and 21% in the second and first quarters, respectively.
|
Rival 3D Systems (NYSE: DDD) is scheduled to release its results after the market closes on Tuesday, May 7. Stratasys stock has also outperformed 3D Systems' over the last year. Last quarter, Stratasys' gross margin as reported (GAAP) was 49.1%, up from 48.7% in the fourth quarter of 2017.
|
652843f1-2b82-4284-bacc-a5813fedd543
|
716809.0
|
2019-04-20 00:00:00 UTC
|
3D Systems Earnings Preview: 4 Things to Watch
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-preview-4-things-watch-2019-04-20
|
nan
|
nan
|
3D Systems (NYSE: DDD) is slated to report its first-quarter 2019 results after the market closes on Tuesday, May 7.
Unlike in recent quarters, it's on track to be the latter of the two leading publicly traded, pure-play 3D printing companies to report. Stratasys (NASDAQ: SSYS) is scheduled to release its earnings before the market opens on Thursday, May 2.
Shares of 3D Systems are up 7.1% in 2019 through Thursday, April 18. (The market was closed on April 19.) For context, shares of Stratasys have gained 32.2% over this period, while the S&P 500 has returned 16.6%. Stratasys stock has also outperformed 3D Systems stock over the last year.
Image source: 3D Systems.
Key numbers
Here are the year-ago quarter's results to use as benchmarks.
Data sources: 3D Systems and Yahoo! Finance.
As was the case for 2018, 3D Systems' management did not provide specific guidance for 2019. However, CFO John McMullen said on last quarter'searnings callthat the company expects "continued revenue growth, improved profitability, and cash generation" this year.
For the first quarter of 2019, Wall Street expects 3D Systems to deliver an adjusted loss per share of $0.01 on revenue of $164.8 million. This represents a 67% loss contraction and a 0.7% revenue decline year over year. While long-term investors shouldn't place much importance on the Street's near-term estimates, they can be handy to keep in mind, so you're not blindsided by market reactions.
Investors will be watching revenue closely, as year-over-year growth has decelerated over the last two quarters. This metric was 1.9% in the fourth quarter of 2018, 7.6% in the third quarter, 10.7% in the second quarter, and 6.1% in the first quarter. The company launched many new products in 2018, so we'd expect to see solid revenue growth in 2019 -- perhaps not in the first quarter but certainly by the second half of the year.
Overall 3D printer sales
Investors should continue to focus on sales of 3D printers. This business is much more important than suggested by its contribution to overall revenue, which was 22.5% last quarter. Sales of 3D printers drive future sales of print materials, which sport higher margins than the other segments of the company's business.
Last quarter, revenue from 3D printer sales rose 17% year over year, while the number of units sold soared 113%. For full-year 2018, 3D printer revenue jumped 25% on a 76% increase in printer unit sales.
In 2018, materials sales climbed just 1% year over year. McMullen said on last quarter's call that management expects year-over materials growth this year, with "higher growth beginning in the second half of 2019."
Modular Figure 4 sales and outlook
In the third quarter of 2018, 3D Systems management pushed back the timeline to 2019 for starting to ship modular Figure 4 systems. (Figure 4 is a fast, scalable, stereolithography (SLA) 3D printing system aimed at the production of small plastic parts.) This timeline has been pushed back several times.
Investors should expect an update on theearnings callabout the company's progress selling these systems. As I wrote in last quarter's earnings preview:
Figure 4 is probably integral to 3D Systems' long-term success. It's the company's entrant into the fast production 3D printer space -- a space that's projected to grow notably over the long term. HP and venture-funded Carbon were the early entrants in this realm.
Cash flows
Keep an eye on 3D Systems' cash flows. In 2018, the company generated $4.8 million in cash from operations, whereas Stratasys took in $63.7 million. Both companies generate roughly the same annual revenue, so it's fair to compare their cash flows.
Moreover, 3D Systems' free cash flow was negative last year. The company ended 2018 with $110 million of cash on hand, down from $136.3 million in 2017. This was in part due to the company launching many new products last year. Investors should expect to see some indication this year that this spending is paying off.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) is slated to report its first-quarter 2019 results after the market closes on Tuesday, May 7. However, CFO John McMullen said on last quarter'searnings callthat the company expects "continued revenue growth, improved profitability, and cash generation" this year. While long-term investors shouldn't place much importance on the Street's near-term estimates, they can be handy to keep in mind, so you're not blindsided by market reactions.
|
3D Systems (NYSE: DDD) is slated to report its first-quarter 2019 results after the market closes on Tuesday, May 7. However, CFO John McMullen said on last quarter'searnings callthat the company expects "continued revenue growth, improved profitability, and cash generation" this year. McMullen said on last quarter's call that management expects year-over materials growth this year, with "higher growth beginning in the second half of 2019."
|
3D Systems (NYSE: DDD) is slated to report its first-quarter 2019 results after the market closes on Tuesday, May 7. Stratasys stock has also outperformed 3D Systems stock over the last year. Last quarter, revenue from 3D printer sales rose 17% year over year, while the number of units sold soared 113%.
|
3D Systems (NYSE: DDD) is slated to report its first-quarter 2019 results after the market closes on Tuesday, May 7. This metric was 1.9% in the fourth quarter of 2018, 7.6% in the third quarter, 10.7% in the second quarter, and 6.1% in the first quarter. The company launched many new products in 2018, so we'd expect to see solid revenue growth in 2019 -- perhaps not in the first quarter but certainly by the second half of the year.
|
1af7b4e2-28d0-4bb7-9e34-23cf93b322d4
|
716810.0
|
2019-04-15 00:00:00 UTC
|
7 Dental Stocks to Buy That Will Make You Smile
|
DDD
|
https://www.nasdaq.com/articles/7-dental-stocks-to-buy-that-will-make-you-smile-2019-04-15-0
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
A few years ago I was sitting in the dentist chair for my six-month examination and teeth cleaning. As I stared at the ceiling, I couldn't help notice the name Belmont on the arm of the bright light burning a hole in my retina.
I couldn't help myself, asking the dentist if she'd ever invested in a dental-related company? She said she hadn't. "Not even Henry Schein (NASDAQ: HSIC )?", I asked. Nope. That was the end of the investment discussion.
Recently, I saw an article that said dental startups such as Candid and Smile Direct Club, which provides systems for mild-to-moderate teeth straightening - saving you a bundle in the process - have investors lining up to invest in the private companies.
Of course, that brought me back to that day in the dentist's chair, when I wondered about stocks to buy that will make you smile.
10 Stocks That Are Screaming Buys Right Now
Here are seven names I've identified that will put money in your pockets.
Henry Schein (HSIC)
Source: Shutterstock
If you're a dentist, you've likely got Henry Schein on speed dial. It distributes more than 120,000 branded products and another 180,000 private label products to dentists and medical practitioners.
It is the No. 1 global dental distributor and the No. 2 physician and alternate care distributor in the U.S. In fact, 90% of U.S. dental practices are active Schein customers.
So, the next time you go to the dentist, be sure to ask how much stuff they buy from the company. It's probably a lot.
Things seem to be going smoothly for the Melville, New York, company, yet HSIC is currently trading within 13% of its 52-week low and up less than 5% year-to-date through April 10, one-third the performance of the S&P 500 .
On three occasions over the past five years, it traded below $55. Within five dollars of doing so a fourth time, HSIC is entering value territory.
Fear not.
In 2018, Henry Schein's revenues grew by 5.9% year-over-year to $13.2 billion, while its non-GAAP earnings rose 11.4% to $635.3 million, its highest level of sales and profits in its history.
Now, exclusively a company dealing with humans after spinning off its animal health business, Henry Schein is ready to take dental to the next level.
3D Systems (DDD)
Source: Image via 3D Systems
3D Systems (NYSE: DDD ) is a 3D printer. Over the past five years as the demand for 3D printing has slowed, so too has the company's revenue and earnings growth. As a result, DDD shares have lost 80% of their value.
In 2019, DDD is up more than 7% year-to-date through April 10. However, it lost a great deal of its momentum in March, giving back 23% of its gains on the year.
The company's dental segment continues to take a bite out of the competition. It produces dentures, crowns and surgical guides.
"There are billions of opportunities here, since virtually anybody could benefit from 3-D printed dental solutions," said CEO Vyomesh Joshi recently.
On a non-GAAP basis, 3D Systems went from a $1.7 million loss in 2017 to a $16.5 million gain in 2018 on the strength of a 6% increase in revenue to $688 million.
10 Dow Jones Stocks Holding the Blue Chip Index Back
Trading at 1.8 times revenue, less than half its five-year average price-to-sales ratio, DDD provides investors with an excellent value proposition.
Align Technology (ALGN)
Source: Shutterstock
As dentists go, mine wasn't too pushy about trying the latest and greatest dental product or service, but she sure liked to talk up Invisalign, the $8,000 clear aligner that straightens your teeth.
Made by Align Technology (NASDAQ: ALGN ), I never took the bait. Now, having moved from Toronto to Halifax over a year ago, and still without a new dentist, I suspect I'll soon be getting the Invisalign sales pitch a second time.
Perhaps, startups like Candid are taking a bite out of Align's market share. Given the $4,000 price over 24 months for its teeth alignment product, a good $3,000-$4,000 cheaper than the competition, it's easy to see why.
However, I don't think investors should give up on ALGN just yet.
As I look at the company's results for 2018, I see a lot of positives.
On the top line, revenues grew 34% to $2 billion, a company record, on a 32% increase in Invisalign volume. On the bottom line, net profits were $400.2 million in 2018, 73% higher than a year ago.
Forget for a moment that Invisalign didn't exist. Its iTero scanners experienced 68% growth in 2018; iTero's revenues now account for 14% of Align's overall revenue, up 290 basis points from 2017.
Trading well off its all-time high of $398.88, investors buying in today, should have significant upside in the months ahead.
Dentsply Sirona (XRAY)
Source: Shutterstock
I first became familiar with Dentsply Sirona (NASDAQ: XRAY ) way back in March 2013, more than two years before Dentsply would pay $5.5 billion for Sirona Dental Systems, a company I liked because of its diversified revenue streams.
"Sirona's revenue diversification is what makes it such a good company. It generates business from four operating segments: Dental CAD/CAM Systems, Imaging Systems, Treatment Centers, and Instruments," I wrote March 20, 2013. "Its CAD/CAM and Imaging Systems accounted for 70% of its overall revenue in the first quarter ended December 2012."
If you took my advice and bought 100 shares of Sirona at the Q2 2013 high of $73.98, today you'd have $9,158, a 24% return. But over three years, it's seen a mediocre 5% return.
So, do I still think XRAY is worth holding for the long haul?
I do. Here's why.
Like most acquisitions, the tie-up didn't go nearly as smoothly as hoped. As a result, the company was forced to implement a turnaround plan that will simplify its business.
Where have I heard that before?
Anyway, when you bring together two reasonably large businesses, you often lose focus on parts of it and those units suffer. So, it's exiting these businesses and cutting staffing by as much as 8% . By fiscal 2020, analysts expect it to earn $2.64 a share, its best earnings performance since 2016.
The 7 Best Long-Term Stocks for 2019 And Beyond
It has had a good run in 2019, up 36% year-to-date. I'd be patient and try to buy on weakness in the mid-$40s.
Patterson Companies (PDCO)
Source: Shutterstock
A little over two years ago, Globe and Mail business reporter Scott Barlow highlighted 12 healthcare stocks that had stable cash flow. He argued that businesses such as Patterson Companies (NASDAQ: PDCO ), a distributor of dental and animal health products, would make you rich over the long haul because of this critical attribute.
Since the article, PDCO stock has lost approximately half its value. Ouch.
However, in the nine months ended Jan. 27, 2019, Patterson's operating cash flow increased 91% to $76.3 million. After subtracting $33.9 million in capital expenditures, it generated free cash flow of $42.4 million or 77% of its net income.
On the top line, revenues in the first three quarters of fiscal 2019 barely budged, up 1.8% to $4.14 billion. On the bottom line GAAP basis, its net income fell 69% to $55.2 million. On an adjusted basis, earnings fell 25% to $95.9 million.
While this article is about dental businesses, Patterson's animal health business (58% of revenue) continues to provide PDCO with diversified revenue streams that will protect it when the economy turns south because a lot of pet owners won't scrimp on their companion animal's wellbeing.
Yielding 4.8% at the moment, it has plenty of free cash flow to keep paying its juicy dividend .
If you're an income investor, PDCO is an excellent stock to own before the company's restructuring takes hold. Get paid to wait.
Procter & Gamble (PG)
Source: Mike Mozart via Flickr (Modified)
My old dentist's dental technician recommended that I buy an Oral-B electric toothbrush because it does a better job of brushing your teeth without overdoing it, thus hurting your gums. She was right.
Originally invented in 1950 by California periodontist Dr. Robert Hutson, he sold the company to Cooper Laboratories, who in turn sold it to Gillette in 1984 for $188.5 million . The rest, as they say, is history.
On April 9, Oral-B's owner, Procter & Gamble (NYSE: PG ), raised its quarterly dividend by 4% to 74.59 cents a share, an annualized rate of $2.98, yielding 2.8% despite a 37% gain over the past 52 weeks.
This is P&G's 63rd consecutive year increasing its dividend.
Oral-B and the rest of its oral care brands generated 9% of P&Gs revenue in the second quarter. Part of the healthcare segment, sales and earnings were both up slightly in the first quarter, delivering solid if not spectacular results.
The 10 Fastest-Growing Stocks to Invest In Right Now
Consider Oral-B the company's slow-growth business. Overall, however, Procter & Gamble is doing just fine.
Church & Dwight (CHD)
Source: slgckgc via Flickr (Modified)
Church & Dwight (NYSE: CHD ) is a smaller version of P&G. But make no mistake, it competes with the best of them.
As far as dental care goes, it has Arm & Hammer, AIM, Close-Up and Pepsodent toothpaste. Other brands include Orajel and Waterpik. The company has become adept at making smaller acquisitions and then growing those businesses over time.
Most recently, it announced it had acquired two hair removal brands, Flawless and Finishing Touch, for $475 million and a further $425 million in potential earnouts. The two brands add $180 million in annual revenue and $55 million in EBITDA.
The owners of Flawless would have been wise to ask for stock instead of cash because over the past decade, CHD stock has delivered an annualized total return of 19.4%, almost double P&G.
As stocks go, CHD is a perfect 10. I urge you to check it out.
At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities.
More From InvestorPlace
2 Toxic Pot Stocks You Should Avoid
7 Internet Stocks to Watch
7 AI Stocks to Watch with Strong Long-Term Narratives
10 Dow Jones Stocks Holding the Blue Chip Index Back
Compare Brokers
The post 7 Dental Stocks to Buy That Will Make You Smile appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
10 Dow Jones Stocks Holding the Blue Chip Index Back Trading at 1.8 times revenue, less than half its five-year average price-to-sales ratio, DDD provides investors with an excellent value proposition. 3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is a 3D printer. As a result, DDD shares have lost 80% of their value.
|
10 Dow Jones Stocks Holding the Blue Chip Index Back Trading at 1.8 times revenue, less than half its five-year average price-to-sales ratio, DDD provides investors with an excellent value proposition. 3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is a 3D printer. As a result, DDD shares have lost 80% of their value.
|
3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is a 3D printer. As a result, DDD shares have lost 80% of their value. In 2019, DDD is up more than 7% year-to-date through April 10.
|
3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is a 3D printer. As a result, DDD shares have lost 80% of their value. In 2019, DDD is up more than 7% year-to-date through April 10.
|
6dc6ab22-0679-406e-8ba3-035203420a56
|
716811.0
|
2019-04-03 00:00:00 UTC
|
5 Low-Priced Tech Stocks With Great Potential
|
DDD
|
https://www.nasdaq.com/articles/5-low-priced-tech-stocks-with-great-potential-2019-04-03
|
nan
|
nan
|
Given their surge over the last few years, tech stocks aren’t cheap — at least when it comes to their actual share prices. Top leaders like Amazon (NASDAQ:) and Google (NASDAQ:, NASDAQ:GOOGL) can be had for north of a grand per share, while even smaller tech stocks like ServiceNow (NASDAQ:) can be had for over $100 per share. And while, as we said before, “price is what you pay, value is what you get,” there is something about buying cheap stocks that can result in higher returns.
So, if it was possible to combine the potential of tech stocks with the financial advantages of low-priced ones, you’d have very powerful weapon indeed.
Luckily, you can do just that. There are several cheap tech stocks that can be had for under $15 per share, and many of them have plenty of catalysts to propel them forward. They aren’t without risk, but they do have plenty of reward potential. So which ones should you focus on?
Here are five cheap tech stocks to buy for your portfolio.
Cheap Tech Stocks to Buy: Fitbit (FIT)
Source: Shutterstock
Share Price: $5.85
It’s no surprise that former wearable device superstar Fitbit (NYSE:) is now a low-priced tech stock. The device marker spent much of 2017 and 2018 in freefall as wearable device growth has failed to catch up with lofty expectations. And as fellow InvestorPlace contributor Josh Enomoto has mentioned, the segment has been a victim of the dreaded “C” word — commoditization.
So, why be bullish on the floundering device maker?
It comes down to healthcare, health insurance and FIT’s low prices for devices.
John Handcock made waves last year when it announced that it was no longer underwriting traditional life insurance policies and will only be issuing more dynamic policies tied to a wearable device. Corporate America is getting in on the act as well and has started to offer incentives/breaks on health insurance to employees wearing fitness trackers.
For FIT, this could be its opportunity. A low price, a name brand and a huge makes it an ideal partner in these instances. With healthcare costs rising, firms and employees are going to be doing everything they can to get insurance premiums lower. Already, sales at FIT seem to be picking up. With tracking requirements becoming the norm, Fitbit could be a major winner.
And at less than $6 per share, it’s worth that gamble.
Glu Mobile (GLUU)
Source: Shutterstock
Share Price: $11.28
One-hundred and twenty-two percent. That’s a great yearly return for any stock, yet one that makes mobile games for your smart-phone. But for Glu Mobile (NASDAQ:), its 2018 return may just be a drop in the bucket. That’s because GLUU’s turnaround is finally paying off.
A few years ago, mobile gaming was super hot — and then the bottom dropped out. GLUU and its rivals were hit hard. In that downturn, the game developer’s management undertook a big turnaround plan. For starters, they focused more on games they fully owned rather than celebrity licensed properties. This allowed them to reap higher margins from in-app purchases and downloads. With bookings rising for these so-called growth games, Glu was actually able to be cash flow positive
GLUU was also able to reduce its debt load and build a strong cash balance over the last year.
With that, GLUU stock has surged. The best part is that the firm’s development pipeline still seems robust, with several potential hits coming over the next few quarters. This includes a new World Wrestling Entertainment (NYSE:) game as well as a title under license from Walt Disney’s (NYSE:) Pixar. Moreover, several other games in development are targeted at female gamers — an underrepresented niche. That gives Glu a potentially huge market all to itself.
With the firm now firing on all cylinders and gaming still going strong, the $12 per share tech stock seems like a bargain at a P/E of 26.
Nokia Oyj (ADR) (NOK)
Source: Shutterstock
Share Price: $5.92
Ask many people what they think about handset maker Nokia Oyj (ADR) (NYSE:) and odds are, they say “washed up.” And that may be true to a point — when it comes to devices. But Nokia still remains one of the most important tech stocks in the entire wireless world. The reason comes down to one letter and one number.
We’re talking about 5G.
As its handset leadership position was fading, Nokia made two shrewd buyouts: industrial conglomerate Siemens‘ networking business and the Alcatel-Lucent assets. With those two buys, Nokia became an equipment maker that brings all the data, voice and video to the end users. Who cares about what device it’s on?
This switch has been wonderful for NOK stock. Current 4G networks aren’t cutting it with all the streaming video, mobile commerce and gaming we’re now doing on our phones and tablets. Because of that, telecom firms are now spending some big bucks to upgrade their networks. And a lot of it is coming NOK’s way.
Sales at Nokia continue to rise, clocking in at The bulk of that was networking and 5G hardware.
And yet, NOK shares remain a castaway among cheap tech stocks. At under $6 and with a 3.8% dividend yield, it’s worth a buy.
TeleNav (TNAV)
Source: Shutterstock
Share Price: $5.95
Sometimes partnering with a larger firm can boost the fortunes smaller tech stocks. For TeleNav (NASDAQ:), that means being buddies with Amazon (NASDAQ:). Amazon has been looking for ways to get its A.I. voice assistant Alexa into more devices and into every American’s home. A big push in that is into automobiles. This is where TNAV comes in.
TeleNav provides several location-based systems to create a smarter, safer & more personalized user experience for drivers. This includes routing, guidance, positioning and search. The kicker is that TNAV’s systems are much more than just your normal GPS. They use A.I. and voice assistants, allow advertisers and in-car commerce — such as go-ahead ordering — and the like. Amazon joined with TNAV in a deal that would make
What TNAV is really doing is building a portfolio of data that Amazon or other firms could potentially massage and exploit later on. What it gets is a huge platform to build on for future real-time advertising, sales and infotainment options. It’s a win-win for TNAV, AMZN and other future partners.
The opportunity is huge. And yet, TNAV trades at just around $6 per share. That’s a huge bargain for its potential — even more so when considering that firm continues to grow its and finally has achieved positive cash flows at the end of last quarter.
In the end, this one tech stock that won’t stay low-priced for much longer.
3D Systems (DDD)
Source:
Share Price: $11.27
One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. The ability to create three-dimensional objects out of metals, plastics or even biopolymers is truly exciting. And over the years, 3D printing has gone from a niche hobby to mainstream production. Leading the way has been top tech stock 3D Systems (NYSE:).
However, lately, DDD has been a shell of its former self. The former high flyer and triple-digit-priced tech stock can now be had for around $11. At that price, 3D may be a big-time buy.
For one thing, the firm is growing. DDD’s revenues jumped 6.4% year-over-year to $687.7 million. At the same time, the growth in several key areas allowed 3D to realize a profit. Adjusted earnings per share for all of 2018 came in at 15 cents. That was versus a loss per share of 2 cents recorded in 2017. So, things have gotten a bit better at DDD now that 3D printing has gained significant steam.
And the firm has more levers to pull. DDD continues to push harder into healthcare and the dental sector. Being able to print out prosthetics, implants and braces has the potential to a massive market for the firm. One that is being tapped just now.
For investors, DDD stock’s fall from grace has more to do with it simply losing its momentum and fad status. Which means, value hunters can snag shares of this low-priced tech stock for basement-level prices.
At the time of writing, Aaron Levitt was long AMZN.
The post appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (DDD) Source: Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
3D Systems (DDD) Source: Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
3D Systems (DDD) Source: Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
3D Systems (DDD) Source: Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self. DDD’s revenues jumped 6.4% year-over-year to $687.7 million.
|
0d639351-f6bf-42cb-ba69-b1e0ba114494
|
716812.0
|
2019-04-03 00:00:00 UTC
|
5 Low-Priced Tech Stocks With Great Potential
|
DDD
|
https://www.nasdaq.com/articles/5-low-priced-tech-stocks-with-great-potential-2019-04-03-0
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Given their surge over the last few years, tech stocks aren't cheap - at least when it comes to their actual share prices. Top leaders like Amazon (NASDAQ: AMZN ) and Google (NASDAQ: GOOG , NASDAQ: GOOGL ) can be had for north of a grand per share, while even smaller tech stocks like ServiceNow (NASDAQ: NOW ) can be had for over $100 per share. And while, as we said before , "price is what you pay, value is what you get," there is something about buying cheap stocks that can result in higher returns.
So, if it was possible to combine the potential of tech stocks with the financial advantages of low-priced ones, you'd have very powerful weapon indeed.
Luckily, you can do just that. There are several cheap tech stocks that can be had for under $15 per share, and many of them have plenty of catalysts to propel them forward. They aren't without risk, but they do have plenty of reward potential. So which ones should you focus on?
The 8 Best Stocks to Buy for an April Rally
Here are five cheap tech stocks to buy for your portfolio.
Cheap Tech Stocks to Buy: Fitbit (FIT)
Source: Shutterstock
Share Price: $5.85
It's no surprise that former wearable device superstar Fitbit (NYSE: FIT ) is now a low-priced tech stock. The device marker spent much of 2017 and 2018 in freefall as wearable device growth has failed to catch up with lofty expectations. And as fellow InvestorPlace contributor Josh Enomoto has mentioned, the segment has been a victim of the dreaded "C" word - commoditization .
So, why be bullish on the floundering device maker?
It comes down to healthcare, health insurance and FIT's low prices for devices.
John Handcock made waves last year when it announced that it was no longer underwriting traditional life insurance policies and will only be issuing more dynamic policies tied to a wearable device. Corporate America is getting in on the act as well and has started to offer incentives/breaks on health insurance to employees wearing fitness trackers.
For FIT, this could be its opportunity. A low price, a name brand and a huge data set of active users makes it an ideal partner in these instances. With healthcare costs rising, firms and employees are going to be doing everything they can to get insurance premiums lower. Already, sales at FIT seem to be picking up. With tracking requirements becoming the norm, Fitbit could be a major winner.
And at less than $6 per share, it's worth that gamble.
Glu Mobile (GLUU)
Source: Shutterstock
Share Price: $11.28
One-hundred and twenty-two percent. That's a great yearly return for any stock, yet one that makes mobile games for your smart-phone. But for Glu Mobile (NASDAQ: GLUU ), its 2018 return may just be a drop in the bucket. That's because GLUU's turnaround is finally paying off.
A few years ago, mobile gaming was super hot - and then the bottom dropped out. GLUU and its rivals were hit hard. In that downturn, the game developer's management undertook a big turnaround plan. For starters, they focused more on games they fully owned rather than celebrity licensed properties. This allowed them to reap higher margins from in-app purchases and downloads. With bookings rising for these so-called growth games, Glu was actually able to be cash flow positive during the fourth quarter.
GLUU was also able to reduce its debt load and build a strong cash balance over the last year.
With that, GLUU stock has surged. The best part is that the firm's development pipeline still seems robust, with several potential hits coming over the next few quarters. This includes a new World Wrestling Entertainment (NYSE: WWE ) game as well as a title under license from Walt Disney's (NYSE: DIS ) Pixar. Moreover, several other games in development are targeted at female gamers - an underrepresented niche. That gives Glu a potentially huge market all to itself.
With the firm now firing on all cylinders and gaming still going strong, the $12 per share tech stock seems like a bargain at a P/E of 26.
Nokia Oyj (ADR) (NOK)
Source: Shutterstock
Share Price: $5.92
Ask many people what they think about handset maker Nokia Oyj (ADR) (NYSE: NOK ) and odds are, they say "washed up." And that may be true to a point - when it comes to devices. But Nokia still remains one of the most important tech stocks in the entire wireless world. The reason comes down to one letter and one number.
We're talking about 5G.
As its handset leadership position was fading, Nokia made two shrewd buyouts: industrial conglomerate Siemens' networking business and the Alcatel-Lucent assets. With those two buys, Nokia became an equipment maker that brings all the data, voice and video to the end users. Who cares about what device it's on?
This switch has been wonderful for NOK stock. Current 4G networks aren't cutting it with all the streaming video, mobile commerce and gaming we're now doing on our phones and tablets. Because of that, telecom firms are now spending some big bucks to upgrade their networks. And a lot of it is coming NOK's way.
Sales at Nokia continue to rise, clocking in at 6.87 billion euros last quarter. The bulk of that was networking and 5G hardware.
And yet, NOK shares remain a castaway among cheap tech stocks. At under $6 and with a 3.8% dividend yield, it's worth a buy.
TeleNav (TNAV)
Source: Shutterstock
Share Price: $5.95
Sometimes partnering with a larger firm can boost the fortunes smaller tech stocks. For TeleNav (NASDAQ: TNAV ), that means being buddies with Amazon (NASDAQ: AMZN ). Amazon has been looking for ways to get its A.I. voice assistant Alexa into more devices and into every American's home. A big push in that is into automobiles. This is where TNAV comes in.
TeleNav provides several location-based systems to create a smarter, safer & more personalized user experience for drivers. This includes routing, guidance, positioning and search. The kicker is that TNAV's systems are much more than just your normal GPS. They use A.I. and voice assistants, allow advertisers and in-car commerce - such as go-ahead ordering - and the like. Amazon joined with TNAV in a deal that would make Alexa front and center in its units.
What TNAV is really doing is building a portfolio of data that Amazon or other firms could potentially massage and exploit later on. What it gets is a huge platform to build on for future real-time advertising, sales and infotainment options. It's a win-win for TNAV, AMZN and other future partners.
The opportunity is huge. And yet, TNAV trades at just around $6 per share. That's a huge bargain for its potential - even more so when considering that firm continues to grow its revenues like weeds and finally has achieved positive cash flows at the end of last quarter.
In the end, this one tech stock that won't stay low-priced for much longer.
3D Systems (DDD)
Source: Image via 3D Systems
Share Price: $11.27
One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. The ability to create three-dimensional objects out of metals, plastics or even biopolymers is truly exciting. And over the years, 3D printing has gone from a niche hobby to mainstream production. Leading the way has been top tech stock 3D Systems (NYSE: DDD ).
However, lately, DDD has been a shell of its former self. The former high flyer and triple-digit-priced tech stock can now be had for around $11. At that price, 3D may be a big-time buy.
For one thing, the firm is growing. Last year, DDD's revenues jumped 6.4% year-over-year to $687.7 million. At the same time, the growth in several key areas allowed 3D to realize a profit. Adjusted earnings per share for all of 2018 came in at 15 cents. That was versus a loss per share of 2 cents recorded in 2017. So, things have gotten a bit better at DDD now that 3D printing has gained significant steam.
And the firm has more levers to pull. DDD continues to push harder into healthcare and the dental sector. Being able to print out prosthetics, implants and braces has the potential to a massive market for the firm. One that is being tapped just now.
For investors, DDD stock's fall from grace has more to do with it simply losing its momentum and fad status. Which means, value hunters can snag shares of this low-priced tech stock for basement-level prices.
At the time of writing, Aaron Levitt was long AMZN .
More From InvestorPlace
2 Toxic Pot Stocks You Should Avoid
10 Best ETFs for 2019: A Close Race at the Front
15 Stocks to Buy Leading the Financial Charge
7 Stocks From Around the World That Beat U.S. Stocks
Compare Brokers
The post 5 Low-Priced Tech Stocks With Great Potential appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (DDD) Source: Image via 3D Systems Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. Leading the way has been top tech stock 3D Systems (NYSE: DDD ). However, lately, DDD has been a shell of its former self.
|
3D Systems (DDD) Source: Image via 3D Systems Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. Leading the way has been top tech stock 3D Systems (NYSE: DDD ). However, lately, DDD has been a shell of its former self.
|
3D Systems (DDD) Source: Image via 3D Systems Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. Leading the way has been top tech stock 3D Systems (NYSE: DDD ). However, lately, DDD has been a shell of its former self.
|
Leading the way has been top tech stock 3D Systems (NYSE: DDD ). 3D Systems (DDD) Source: Image via 3D Systems Share Price: $11.27 One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. However, lately, DDD has been a shell of its former self.
|
78010414-2b15-4681-8e2e-74cca5305150
|
716813.0
|
2019-03-28 00:00:00 UTC
|
Is 3D Systems Stock a Buy?
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-stock-buy-2019-03-28
|
nan
|
nan
|
3D Systems (NYSE: DDD) stock soared during the 3D printing stock craze in 2012 and 2013, but came crashing back down to earth in 2014 and has been in the red since. Shares are down 7.6% over the last year through March 27, trailing those of rival Stratasys (NASDAQ: SSYS), which are up 17%, and the S&P 500, which has returned 9.6%.
That said, the long-term growth picture for the sector remains rosy because 3D printing continues to make progress in disrupting the traditional manufacturing sector. So some investors believe there should be at least one or two long-term winners in the space.
Is 3D Systems stock a buy?
Image source: Getty Images.
Is 3D Systems stock a buy?
The short answer is no, not in my opinion -- at least, it's not a stock that I'd buy now. That said, 3D Systems stock is a buy recommendation in at least one of The Motley Fool's subscription services. Motley Fool contributors are encouraged to have our own opinions as the company believes investors benefit from reading a range of points of view.
With that said, here are four key concerns about 3D Systems.
1. Revenue growth is tepid
In 2017, worldwide revenue generated from sales of 3D printing products and services jumped 21% year over year to $7.34 billion, according to industry analyst Wohlers Associates in its Wohlers Report 2018.
While the sector continues to grow at a solid double-digit pace, 3D Systems' revenue is increasing at a much slower rate. In 2018, the company's revenue grew 6.4% year over year to $687.7 million, while in 2017 and 2018 combined, revenue rose just 8.6%. Moreover, that growth wasn't entirely organic, as revenue got a boost from the company's first-quarter 2017 acquisition of a dental materials maker.
Data by YCharts. Stratasys is shown in all charts for context only. In 2018, it generated revenue of $663.2 million, which is just 3.5% less than 3D Systems' 2018 revenue, and has very similar operations, so it makes a good apples-to-apples comparison.
Stratasys has also been struggling to grow revenue. Both companies appear to be losing market share, which is probably at least partially due to two new and compelling companies -- HP Inc. and venture-backed Carbon -- entering the market in 2016 with fast polymer 3D printers for the enterprise market. The gulf between 3D Systems' revenue growth and the overall sector's growth could also be due in part to the market growing in niches that the company doesn't participate in.
2. The company is unprofitable
In 2018, 3D Systems posted a net loss of $45.5 million on a generally accepted accounting principles (GAAP) basis. This is a sizable (though not huge) loss for a company that generated $687.7 million in revenue in the same year.
Data by YCharts.
3. Gross margin is in a downtrend
For full-year 2018, 3D Systems' gross margin was 47.2%, flat compared with 2017. In its most recently reported quarter (Q4 2018), the company's gross margin came in at 45.7%, down from 48.2% in the year-ago period. In its earnings release, the drop was attributed to "sales mix, costs to launch and ramp new products, and lower on-demand manufacturing gross profit margins."
As I recently wrote, "Gross margin can be expected to fluctuate from quarter to quarter based on such factors as product mix and timing of new product launches, which is why it's better to consider gross margins for trailing-12-month periods. A sustained decline in gross margin, however, can reflect a loss of pricing power from increasing competitive pressures."
Data by YCharts.
4. The company is struggling to generate cash from operations
Over the last two years, the amount of cash from operations that 3D Systems has generated has fairly steadily declined when we consider this metric on a trailing-12-month (TTM) basis. In fact, this metric was negative in the third quarter of 2018, as shown in the bottom section of the chart below.
Data by YCharts.
Before considering investing in 3D Systems, investors might wait until they see some improvement in the key metrics discussed. Granted, that will almost surely mean that you'll be paying more for the company's stock. However, you'll be somewhat more confident that 3D Systems' turnaround will be successful.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) stock soared during the 3D printing stock craze in 2012 and 2013, but came crashing back down to earth in 2014 and has been in the red since. Motley Fool contributors are encouraged to have our own opinions as the company believes investors benefit from reading a range of points of view. The company is unprofitable In 2018, 3D Systems posted a net loss of $45.5 million on a generally accepted accounting principles (GAAP) basis.
|
3D Systems (NYSE: DDD) stock soared during the 3D printing stock craze in 2012 and 2013, but came crashing back down to earth in 2014 and has been in the red since. Revenue growth is tepid In 2017, worldwide revenue generated from sales of 3D printing products and services jumped 21% year over year to $7.34 billion, according to industry analyst Wohlers Associates in its Wohlers Report 2018. In its most recently reported quarter (Q4 2018), the company's gross margin came in at 45.7%, down from 48.2% in the year-ago period.
|
3D Systems (NYSE: DDD) stock soared during the 3D printing stock craze in 2012 and 2013, but came crashing back down to earth in 2014 and has been in the red since. That said, 3D Systems stock is a buy recommendation in at least one of The Motley Fool's subscription services. The gulf between 3D Systems' revenue growth and the overall sector's growth could also be due in part to the market growing in niches that the company doesn't participate in.
|
3D Systems (NYSE: DDD) stock soared during the 3D printing stock craze in 2012 and 2013, but came crashing back down to earth in 2014 and has been in the red since. In 2018, the company's revenue grew 6.4% year over year to $687.7 million, while in 2017 and 2018 combined, revenue rose just 8.6%. Stratasys has also been struggling to grow revenue.
|
a4f7984b-cdb6-435c-86fd-d5c0bd423a16
|
716814.0
|
2019-03-19 00:00:00 UTC
|
3D Systems vs. Stratasys: Which Had the Better 2018 Earnings Results?
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-vs-stratasys-which-had-better-2018-earnings-results-2019-03-19
|
nan
|
nan
|
3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) have now both reported fourth-quarter and full-year 2018 earnings (3D Systems here and Stratasys here ), so we're going to compare their 2018 results.
Keep in mind that qualitative factors can be just as meaningful as quantitative one, and future results are more important than past ones. Even with these caveats, the findings from this metric face-off should be helpful for making investing decisions in the 3D printing space.
Revenue
Data sources: 2018 earnings reports.
Advantage: 3D Systems
3D Systems is the winner here, as its revenue grew at a fair pace, while Stratasys' contracted slightly in 2018. That said, 3D Systems' results did get a boost in the first quarter from its acquisition of the Vertex Global dental material brands in the first quarter of 2017. However, it's a very small lift and doesn't affect the results of this face-off.
Both companies have struggled to grow revenue since 2015, which we can probably attribute to a glut of 3D printers in the field due to heady sales during the few go-go years preceding 2015 along with increased competition beginning in 2016. That's when 2D-printing king HP Inc. and venture-backed Carbon launched fast polymer 3D printers for the enterprise market.
GAAP earnings per share (EPS)
Data sources: 2018 earnings reports. GAAP = generally accepted accounting principles.
Advantage: Stratasys
Neither company is performing well on this key metric, as both are unprofitable. Stratasys, however, gets the win here because its GAAP loss narrowed the most from 2017 -- 71% to 3D Systems' 31%. Moreover, there's an argument to be made that Stratasys outperformed 3D Systems even more than these percentages suggest because 3D Systems probably had an easier 2017 comparable. In 2017, triple D's earnings were hit hard in the third quarter, driven by a $12.9 million writedown for legacy products and parts inventory.
Non-GAAP or adjusted EPS
Data sources: 2018 earnings reports.
Advantage: Stratasys
There's an argument to be made in favor of each company here. 3D Systems' results improved the most from 2017, but Stratasys is more profitable. Overall profitability is more important, in my opinion, so Stratasys gets this one in its column.
GAAP gross margin
Data sources: 2018 earnings reports.
Advantage: Stratasys
A higher gross margin relative to a competitor with a similar business profile is often indicative of better operating efficiency and/or stronger pricing power.
Liquidity -- net cash on hand and operating cash flow
Data sources: 2018 earnings reports.
Advantage: Stratasys
While both companies are in good shape from a liquidity standpoint, Stratasys is the victor here by a country mile. It operations generated more than 13 times the cash as 3D Systems' operations did. And this is as close to an apples-to-apples comparison as it gets as these companies took in nearly the same amount of revenue in 2018. Moreover, Stratasys' cash hoard is 3.6 times that of its rival's.
As the following chart shows, over the last two years, Stratasys has been considerably outperforming 3D Systems with respect to the two liquidity metrics discussed here.
Data by YCharts.
Research and development spending
Data sources: 2018 earnings reports.
Advantage: Tie
The companies' spending on R&D as a percentage of revenue is in the same general ballpark. Investing in R&D is critical for companies involved in rapidly evolving technology markets.
2019 guidance
Data sources: Q4 2018 earnings reports and conference calls.
Advantage: N/A
We don't know which company is most optimistic about its 2019 financial performance because 3D Systems didn't provide guidance. This is the second full year it didn't provide an outlook. Management has previously cited the unpredictability surrounding legacy product quality and reliability issues.
The winner is... Stratasys
Final score: Stratasys: 4; 3D Systems: 1; tie or N/A: 2.
Keep in mind the caveats listed in the opening: Qualitative factors can be at least as important as quantitative ones and future results matter more than current ones. Moreover, we didn't cover stock valuations.
On that general topic, shares of Stratasys have gained 32.7% so far in 2019 through Monday, while shares of 3D Systems are up 11.3%. The S&P 500 has returned 13.5% over this period.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) have now both reported fourth-quarter and full-year 2018 earnings (3D Systems here and Stratasys here ), so we're going to compare their 2018 results. Both companies have struggled to grow revenue since 2015, which we can probably attribute to a glut of 3D printers in the field due to heady sales during the few go-go years preceding 2015 along with increased competition beginning in 2016. Advantage: Stratasys A higher gross margin relative to a competitor with a similar business profile is often indicative of better operating efficiency and/or stronger pricing power.
|
3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) have now both reported fourth-quarter and full-year 2018 earnings (3D Systems here and Stratasys here ), so we're going to compare their 2018 results. Revenue Data sources: 2018 earnings reports. GAAP earnings per share (EPS) Data sources: 2018 earnings reports.
|
3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) have now both reported fourth-quarter and full-year 2018 earnings (3D Systems here and Stratasys here ), so we're going to compare their 2018 results. Advantage: 3D Systems 3D Systems is the winner here, as its revenue grew at a fair pace, while Stratasys' contracted slightly in 2018. The winner is... Stratasys Final score: Stratasys: 4; 3D Systems: 1; tie or N/A: 2.
|
3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) have now both reported fourth-quarter and full-year 2018 earnings (3D Systems here and Stratasys here ), so we're going to compare their 2018 results. GAAP earnings per share (EPS) Data sources: 2018 earnings reports. GAAP gross margin Data sources: 2018 earnings reports.
|
50504400-5f17-48f2-bcc7-bd0de122d99a
|
716815.0
|
2019-03-04 00:00:00 UTC
|
Why Stratasys Stock Jumped 11.5% in February -- and Fell 5.8% on Friday
|
DDD
|
https://www.nasdaq.com/articles/why-stratasys-stock-jumped-115-february-and-fell-58-friday-2019-03-04
|
nan
|
nan
|
What happened
Shares of 3D printing company Stratasys (NASDAQ: SSYS) gained 11.5% last month, according to data from S&P Global Market Intelligence . They declined 5.8% on Friday, the first day of March, though they're still up 48.9% in 2019.
For some context, the S&P 500 index returned 3.2% in February, and has returned 12.3% so far this year. Meanwhile, shares of rival 3D Systems (NYSE: DDD) were up 10.7% in February, plummeted 14% on Friday, and are up 19.4% in 2019.
So what
February
Stratasys didn't make any notable announcements last month, nor was it the specific subject of any significant news. So we can probably attribute its stock's 11.5% rise to a combination of the overall strong market this year, particularly among stocks in the broad tech realm, and a continuation of the positive momentum that it's enjoyed since late last year.
This momentum is likely at least in part due to the company's release of results for the last two quarters that have beaten Wall Street's consensus earnings estimate by a considerable margin. On Nov. 1, after Stratasys released its better-than-expected third-quarter results , its stock soared 19.9%. In the quarter, revenue increased 3.9% year over year to $162 million, GAAP loss per share narrowed significantly to $0.01, and earnings per share (EPS) adjusted for one-time items jumped 38% to $0.11. The Street had been looking for adjusted EPS of $0.06 on revenue of $161.9 million.
Data by YCharts.
March to date
We can probably safely attribute Stratasys stock's 5.8% drop on Friday to concerns about the health of the overall 3D printing market stemming from 3D Systems' release of its Q4 results on Thursday. Investors seemed initially satisfied with the results, as evidenced by the company's stock rising 5.9% in after-hours trading on Thursday. However, shares of 3D Systems plunged 14% on Friday following Bank of America Merrill Lynch paring back by 24% its 2019 EPS estimate for the company. The Wall Street firm cited concerns about its declining gross margin.
Now what
Investors shouldn't have long to wait for material news. Stratasys is slated to release its fourth-quarter and full-year 2018 results before the market opens on Thursday, March 7. For the quarter, Wall Street expects adjusted EPS of $0.21 on revenue of $185 million, representing growth of 31% and 3.2%, respectively, year over year.
Since Stratasys has sailed by the Street's earnings expectations in the last two quarters, some investors are likely thinking that there's a good chance of a hat trick. While this is certainly a possibility, it's far from a sure thing and investors should remain cautiously optimistic.
10 stocks we like better than Stratasys
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of March 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Meanwhile, shares of rival 3D Systems (NYSE: DDD) were up 10.7% in February, plummeted 14% on Friday, and are up 19.4% in 2019. What happened Shares of 3D printing company Stratasys (NASDAQ: SSYS) gained 11.5% last month, according to data from S&P Global Market Intelligence . This momentum is likely at least in part due to the company's release of results for the last two quarters that have beaten Wall Street's consensus earnings estimate by a considerable margin.
|
Meanwhile, shares of rival 3D Systems (NYSE: DDD) were up 10.7% in February, plummeted 14% on Friday, and are up 19.4% in 2019. In the quarter, revenue increased 3.9% year over year to $162 million, GAAP loss per share narrowed significantly to $0.01, and earnings per share (EPS) adjusted for one-time items jumped 38% to $0.11. For the quarter, Wall Street expects adjusted EPS of $0.21 on revenue of $185 million, representing growth of 31% and 3.2%, respectively, year over year.
|
Meanwhile, shares of rival 3D Systems (NYSE: DDD) were up 10.7% in February, plummeted 14% on Friday, and are up 19.4% in 2019. So we can probably attribute its stock's 11.5% rise to a combination of the overall strong market this year, particularly among stocks in the broad tech realm, and a continuation of the positive momentum that it's enjoyed since late last year. March to date We can probably safely attribute Stratasys stock's 5.8% drop on Friday to concerns about the health of the overall 3D printing market stemming from 3D Systems' release of its Q4 results on Thursday.
|
Meanwhile, shares of rival 3D Systems (NYSE: DDD) were up 10.7% in February, plummeted 14% on Friday, and are up 19.4% in 2019. March to date We can probably safely attribute Stratasys stock's 5.8% drop on Friday to concerns about the health of the overall 3D printing market stemming from 3D Systems' release of its Q4 results on Thursday. For the quarter, Wall Street expects adjusted EPS of $0.21 on revenue of $185 million, representing growth of 31% and 3.2%, respectively, year over year.
|
d3bb5827-16de-4094-91de-f14903dd0027
|
716816.0
|
2019-03-04 00:00:00 UTC
|
3D Systems (DDD) Q4 Earnings Top Estimates, Revenues Miss
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-q4-earnings-top-estimates-revenues-miss-2019-03-04
|
nan
|
nan
|
3D Systems CorporationDDD delivered non-GAAP earnings of 10 cents per share for fourth-quarter 2018, higher than with 5 cents in the year-ago quarter. The bottom line also beat the Zacks Consensus Estimate of 6 cents.
This 3D printer maker's revenues logged $180.7 million in the quarter under review, reflecting a year-over-year increase of 2%. However, the top line missed the Zacks Consensus Estimate of $185 million.
The year-over-year improvement was driven by growth in printer unit and printer revenues in both metals and plastics as well as growth in software and healthcare solutions. However, the company's lower-priced products witness more demand, which in turn, is increasing the volatility in printer mix.
The tough year-over-year comparison and export-compliance charges in the on-demand manufacturing business remain key challenges in the first half of 2019. Further, the price-mix is likely to remain a headwind this year.
However, management is optimistic about the company's shift in its investment focus to materials innovations and software growth opportunities.
Quarterly Details
3D Systems' Healthcare revenues were up 16% to $58.4 million year over year, driven by growth across all categories.
The company's on-demand manufacturing revenues were up 5% to $27.7 million, aided by growth in a few large orders from industrial customers. However, headwinds related to export compliance and outsourcing changes remain dampeners.
Printer revenues increased 17% and came in at $40.7 million. Meanwhile, printer unit sales skyrocketed 113%, driven by the company's launch of a printer priced at about $5,000.
Software revenues rose 3% year over year to $26.7 million. Material revenues dipped 2% to $42 million due to a faster-than-expected decline in legacy materials. The company expects revival of materials growth during the second half of 2019.
Geographically, revenues in Americas declined 6% while that of Europe and Asia Pacific increased 11% and 9%, respectively.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
Margins
In the reported quarter, non-GAAP gross margin contracted 200 basis points on a year-over-year basis to 46.3%. This downside was mainly due to an unfavorable sales mix, increased investment to ramp up product portfolio and launch more in the near term plus lower on-demand manufacturing margins, which more than offset the cost-reduction benefits, achieved from the ongoing supply-chain initiatives.
In the quarter under consideration, the company's non-GAAP operating expenses rose 2% to $75.7 million due to the company's persistent investment in new product development and launches, go-to-market strategy, IT infrastructure plus operational improvements. Non-GAAP SG&A increased 4% while non-GAAP R&D expense slipped 2% in the quarter under discussion.
Cash Flow and Balance Sheet
3D Systems ended the fourth quarter with cash and cash equivalents of nearly $110 million compared with $92.1 million in the previous quarter.
The company generated $7.7 million of cash in operational activities during the fourth quarter.
Stocks to Consider
A few stocks worth considering in the broader technology sector are CommVault Systems, Inc. CVLT , eGain Corporation EGAN and Fortinet Inc. FTNT , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Long-term earnings growth rate for CommVault, eGain and Fortinet is projected at 15.8%, 30% and 16.8%, respectively.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?
From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%.
This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.
See Stocks Today >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Fortinet, Inc. (FTNT): Free Stock Analysis Report
eGain Corporation (EGAN): Free Stock Analysis Report
CommVault Systems, Inc. (CVLT): Free Stock Analysis Report
Xilinx, Inc. (XLNX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD delivered non-GAAP earnings of 10 cents per share for fourth-quarter 2018, higher than with 5 cents in the year-ago quarter. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Fortinet, Inc. (FTNT): Free Stock Analysis Report eGain Corporation (EGAN): Free Stock Analysis Report CommVault Systems, Inc. (CVLT): Free Stock Analysis Report Xilinx, Inc. (XLNX): Free Stock Analysis Report To read this article on Zacks.com click here. The tough year-over-year comparison and export-compliance charges in the on-demand manufacturing business remain key challenges in the first half of 2019.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Fortinet, Inc. (FTNT): Free Stock Analysis Report eGain Corporation (EGAN): Free Stock Analysis Report CommVault Systems, Inc. (CVLT): Free Stock Analysis Report Xilinx, Inc. (XLNX): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD delivered non-GAAP earnings of 10 cents per share for fourth-quarter 2018, higher than with 5 cents in the year-ago quarter. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Margins In the reported quarter, non-GAAP gross margin contracted 200 basis points on a year-over-year basis to 46.3%.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Fortinet, Inc. (FTNT): Free Stock Analysis Report eGain Corporation (EGAN): Free Stock Analysis Report CommVault Systems, Inc. (CVLT): Free Stock Analysis Report Xilinx, Inc. (XLNX): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD delivered non-GAAP earnings of 10 cents per share for fourth-quarter 2018, higher than with 5 cents in the year-ago quarter. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Margins In the reported quarter, non-GAAP gross margin contracted 200 basis points on a year-over-year basis to 46.3%.
|
3D Systems CorporationDDD delivered non-GAAP earnings of 10 cents per share for fourth-quarter 2018, higher than with 5 cents in the year-ago quarter. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Fortinet, Inc. (FTNT): Free Stock Analysis Report eGain Corporation (EGAN): Free Stock Analysis Report CommVault Systems, Inc. (CVLT): Free Stock Analysis Report Xilinx, Inc. (XLNX): Free Stock Analysis Report To read this article on Zacks.com click here. Printer revenues increased 17% and came in at $40.7 million.
|
e3b7e65e-6b9e-431d-8790-e4ed84beca8d
|
716817.0
|
2019-03-01 00:00:00 UTC
|
3D Systems Caps Off 2018 With Solid 3D Printer Sales Growth
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-caps-2018-solid-3d-printer-sales-growth-2019-03-01
|
nan
|
nan
|
3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2018 results after the market closed on Thursday.
Shares of the 3D printing company were up 5.9% in after-hours trading on Thursday. We can probably attribute the market's initial reaction to adjusted earnings per share (EPS) coming in higher than most investors were expecting and investor satisfaction with the company's high-level 2019 outlook provided on the earnings call . The stock has gained 48.6% for the one-year period through Thursday's regular trading session, versus the S&P 500 's 4.7% return.
3D Systems was the first of the two big 3D printing companies to report, as Stratasys is scheduled to release its earnings on Thursday, March 7.
Here's how the quarter worked out for 3D Systems and its investors.
3D Systems' key numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
Both the GAAP loss and adjusted EPS gain include a $4.9 million tax benefit "related to the release of reserves resulting from the expiration of open tax periods," according to the earnings release.
GAAP gross margin in the quarter was 45.75%, down from 48.2% in the year-ago period . During the quarter, the company generated $7.7 million of cash from operations and ended 2018 with $110.0 million of cash on hand. In 2017, it generated $8.2 million of cash from operations and ended the year with $136.3 million of cash on hand.
For context (though long-term investors shouldn't place too much weight on Wall Street's near-term estimates), analysts had been looking for adjusted EPS of $0.07 on revenue of $180.8 million, so earnings surpassed expectations while revenue came in on target.
For full-year 2018, 3D Systems' revenue increased 6.4% to $687.7 million, its GAAP loss per share narrowed to $0.41 from $0.59 in 2017, and it posted adjusted EPS of $0.15, versus a loss per share of $0.02 in 2017.
Segment results
Data source: 3D Systems.
On the earnings call, management reviewed how key categories performed:
3D printers (within product): Revenue increased 17% year over year to $40.7 million, while the number of units sold soared 113%.
Healthcare solutions: Revenue grew 16% to $58.4 million. (This category spans both segments and overlaps other categories.)
Software (within product): Revenue edged up 3% to $26.7 million.
On-demand part manufacturing (within service): Revenue rose 5% to $27.7 million.
Materials (within product): Revenue declined 2% to $42.0 million.
For full-year 2018, 3D printer revenue jumped 25% year over year on a 76% increase in printer unit sales, healthcare solutions revenue grew 19%, software revenue increased 5%, on-demand manufacturing went up 2%, and materials got a 1% boost.
What management had to say
Here's what CEO Vyomesh Joshi had to say in the earnings release:
Looking ahead
In the quarter and year, 3D Systems made some solid progress on its turnaround. Neither the results for the quarter nor year, however, could be characterized as anything approaching "strong."
3D Systems didn't provide exact 2019 guidance, but on the earnings call, CFO John McMullen provided a self-described "high-level 2019 outlook":
McMullen also commented on the company's 2019 priorities:
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of February 1, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2018 results after the market closed on Thursday. 3D Systems was the first of the two big 3D printing companies to report, as Stratasys is scheduled to release its earnings on Thursday, March 7. What management had to say Here's what CEO Vyomesh Joshi had to say in the earnings release: Looking ahead In the quarter and year, 3D Systems made some solid progress on its turnaround.
|
3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2018 results after the market closed on Thursday. 3D Systems' key numbers Data source: 3D Systems. On the earnings call, management reviewed how key categories performed: 3D printers (within product): Revenue increased 17% year over year to $40.7 million, while the number of units sold soared 113%.
|
3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2018 results after the market closed on Thursday. For full-year 2018, 3D Systems' revenue increased 6.4% to $687.7 million, its GAAP loss per share narrowed to $0.41 from $0.59 in 2017, and it posted adjusted EPS of $0.15, versus a loss per share of $0.02 in 2017. For full-year 2018, 3D printer revenue jumped 25% year over year on a 76% increase in printer unit sales, healthcare solutions revenue grew 19%, software revenue increased 5%, on-demand manufacturing went up 2%, and materials got a 1% boost.
|
3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2018 results after the market closed on Thursday. 3D Systems was the first of the two big 3D printing companies to report, as Stratasys is scheduled to release its earnings on Thursday, March 7. Here's how the quarter worked out for 3D Systems and its investors.
|
0171c14c-63d5-4106-b4d1-9786780ac0e7
|
716818.0
|
2019-02-28 00:00:00 UTC
|
3D Systems Earnings: DDD Stock Gains as Q4 Sales Up 2% Y2Y
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-ddd-stock-gains-q4-sales-2-y2y-2019-02-28
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems (NYSE: DDD ) posted its quarterly results late today, raking in a strong revenue total and a narrower loss than it did in the year-ago quarter to help fuel its turnaround efforts, pushing DDD stock up more than 4% after the bell.
In its last quarter of its fiscal 2018, The Rock Hill, South Carolina-based 3D printer business amassed revenue of $180.7 million , edging 1.9% higher when compared to the $177.3 million from the year-ago quarter. The results were fueled by a year-over-year 17% pop in printer revenue, as well as a 113% sales increase in printer unit sales and a 16% rise in healthcare solutions.
3D Systems reported a loss of 4 cents per share for its fourth quarter, about half of its year-ago loss of 8 cents per share thanks in part to a $4.9 million tax benefit. On an adjusted basis, the company brought in earnings of 10 cents per share, including the tax benefit, which is twice its adjusted profit from the same period in 2017.
For its fiscal 2018, revenue gained 6.4% to $687.7 million, thanks in part to a 25% surge in printer sales, while printer unit sales skyrocketed 76% from 2017 to 2018. Full-year adjusted earnings were 15 cents per share, compared to a loss of 2 cents per share in the year-ago quarter.
DDD stock had been falling during regular trading hours Thursday as the company geared up to report its results, falling 0.8% by day's end. Shares then surged about 4.5% after the bell for 3D Systems following a powerful fourth quarter.
More From InvestorPlace
10 Blue-Chip Stocks to Lead the Market
7 IPOs to Get Excited for in 2019
9 Best Stocks to Buy on U.S.-China Trade Optimism
Compare Brokers
The post 3D Systems Earnings: DDD Stock Gains as Q4 Sales Up 2% Y2Y appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems (NYSE: DDD ) posted its quarterly results late today, raking in a strong revenue total and a narrower loss than it did in the year-ago quarter to help fuel its turnaround efforts, pushing DDD stock up more than 4% after the bell. DDD stock had been falling during regular trading hours Thursday as the company geared up to report its results, falling 0.8% by day's end. More From InvestorPlace 10 Blue-Chip Stocks to Lead the Market 7 IPOs to Get Excited for in 2019 9 Best Stocks to Buy on U.S.-China Trade Optimism Compare Brokers The post 3D Systems Earnings: DDD Stock Gains as Q4 Sales Up 2% Y2Y appeared first on InvestorPlace .
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems (NYSE: DDD ) posted its quarterly results late today, raking in a strong revenue total and a narrower loss than it did in the year-ago quarter to help fuel its turnaround efforts, pushing DDD stock up more than 4% after the bell. More From InvestorPlace 10 Blue-Chip Stocks to Lead the Market 7 IPOs to Get Excited for in 2019 9 Best Stocks to Buy on U.S.-China Trade Optimism Compare Brokers The post 3D Systems Earnings: DDD Stock Gains as Q4 Sales Up 2% Y2Y appeared first on InvestorPlace . DDD stock had been falling during regular trading hours Thursday as the company geared up to report its results, falling 0.8% by day's end.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems (NYSE: DDD ) posted its quarterly results late today, raking in a strong revenue total and a narrower loss than it did in the year-ago quarter to help fuel its turnaround efforts, pushing DDD stock up more than 4% after the bell. More From InvestorPlace 10 Blue-Chip Stocks to Lead the Market 7 IPOs to Get Excited for in 2019 9 Best Stocks to Buy on U.S.-China Trade Optimism Compare Brokers The post 3D Systems Earnings: DDD Stock Gains as Q4 Sales Up 2% Y2Y appeared first on InvestorPlace . DDD stock had been falling during regular trading hours Thursday as the company geared up to report its results, falling 0.8% by day's end.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems (NYSE: DDD ) posted its quarterly results late today, raking in a strong revenue total and a narrower loss than it did in the year-ago quarter to help fuel its turnaround efforts, pushing DDD stock up more than 4% after the bell. DDD stock had been falling during regular trading hours Thursday as the company geared up to report its results, falling 0.8% by day's end. More From InvestorPlace 10 Blue-Chip Stocks to Lead the Market 7 IPOs to Get Excited for in 2019 9 Best Stocks to Buy on U.S.-China Trade Optimism Compare Brokers The post 3D Systems Earnings: DDD Stock Gains as Q4 Sales Up 2% Y2Y appeared first on InvestorPlace .
|
36f22b27-dd49-4e17-bfa5-b38618de36c4
|
716819.0
|
2019-02-28 00:00:00 UTC
|
3D Systems Corporation (DDD) Q4 2018 Earnings Conference Call Transcript
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-corporation-ddd-q4-2018-earnings-conference-call-transcript-2019-02-28
|
nan
|
nan
|
3D Systems Corporation (NYSE: DDD)
Q4 2019 Earnings Conference Call
February 28, 2019, 4:30 p.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Good afternoon. And welcome to 3D Systems conference call and audio webcast to discuss the results of the fourth quarter and full year 2018. My name is Roia. And I will facilitate the audio portion of today's interactive broadcast. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press * 0 on your telephone keypad. Please note this conference is being recorded. At this time, I would like to turn the call over to Stacey Witten, Vice President, Investor Relations and FP&A 3D Systems. Please begin.
Stacey Witten -- Vice President of Investor Relations
Good afternoon, and welcome to 3D Systems' conference call. I'm Stacey Witten. And with me on the call are Vyomesh Joshi, our President and Chief Executive Officer; John McMullen, Executive Vice President and Chief Financial Officer; and Andy Johnson, Chief Legal Officer. The webcast portion of this call contains a slide presentation that we will refer to during the call. Those following along on the phone who wish to access the slide portion of this presentation may do so on the Investor Relations section of our website. Participants who would like to ask questions at the end of the session related to matters discussed in this conference call should call in using the phone numbers provided on this slide and in the press release that we issued today. For those who have accessed the streaming portion of the webcast, please be aware there may be a few second delay, and you will not be able to post questions via the web.
The following discussion and responses to your questions reflect management's views as of today only and will include forward-looking statements as described on this slide. Actual results may differ materially. Additional information about factors that could potentially impact our financial results is included in today's press release and our filings with the SEC, including our most recent annual report and Form 10-K. During this call, we will discuss certain non-GAAP financial measures. In our press release and slides accompanying this webcast, which are both available on our investor relations website, you will find additional disclosures regarding these non-GAAP measures, including reconciliations of these measures with comparable GAAP measures. Finally, unless otherwise stated, all comparisons in this call will be against our results for the comparable period of 2017. Now, I'm pleased to turn the call over to Vyomesh Joshi, our CEO. VJ?
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of February 1, 2019
Vyomesh Joshi -- President and Chief Executive Officer
Thanks, Stacey. Good afternoon, everyone. We have made significant progress in our multi-year turnaround and consummation of the company. Before we discuss the details of our financial results, I would like to recap the progress we made during 2018. After stabilizing the company and putting a foundation in place, we shifted toward transformation efforts, enhancing the work portfolio with several innovative and disruptive new products while, at the same time, improving our infrastructure, operations, go-to-market, and cost structure. Throughout the year, we launched a series of new products from the next generation SLS 6100 and expanded MJP 2500 product line and low-cost DLP FabPro 1000 printer to disruptive figure-four stand-alone and production systems and a game-changing dental solution with the NextDent 5100 printer and 30 dental specific 3D printing materials. Additionally, we introduced our next-generation metal systems with the DMP Flex 350, DMP Factory 350, and DMP Factory 500.
Announced a strategic partnership with GF Machining Solutions which brings us traditional metals manufacturing expertise, automation know-how, and scalability as well as strong partner steel network and enhanced integration capabilities between additive and subtractive solutions. Implemented a major Oracle ERP system upgrade which went live in mid-2018 which we expect will help drive longer-term operational efficiencies, better automation of processes, and data analytics. Continued to invest in and build out our go-to-market strategy including the completing the building of customer innovation centers in Germany and Belgium. And in fourth quarter, we hired a VP and general manager to lead the Americas region. Lin McQueen brings a wealth of experience as a sales executive leading direct and partner field teams in digital transformation, cloud service, and industrial environment. Lin joining also fills the last portion of our regional sales management structure under Herbert Koeck's direct global leadership.
Conditionally, in the fourth quarter, we hired an executive leader for software and digitization, Radhika Krishnan, who brings a consistent track record for a customer-first approach to driving growth in emerging technologies and has expertise to improve simplicity, automation, and collaboration through software. During the year, we reduced companywide total headcount while improving all our operations and processes. When I joined the company, I brought executives with very specific talent and expertise to help turn around the company. And I had some members of my team narrowly focus to improve operations, in particular in supply chain and services. At the end of 2018, we were in position to start to take steps to streamline and simplify the leadership team. And we made a series of organizational changes which we believe will improve execution, efficiency, collaboration, and decision-making across the company.
We called out several key operational areas and created an operations group under the leadership of Phil Schultz. Menno Ellis now leads the plastics group in addition to the dental and advanced application development teams. We moved strategy and corporate development into the sea of organization under John McMullen's leadership. With these changes, the former executive members who were leading supply chain, services, and corporate development left the company. While improving our operational structure, we also continue to deliver on our previously discussed growth drivers. For the full year, we reported total revenue growth of 6%, printer revenue growth of 25% on a 76% increase in printer unit sales, software revenue growth of 5%, healthcare solutions revenue growth of 19% growth, and on-demand manufacturing revenue growth of 2% despite the headwinds attributed to export appliance and outsourcing changes.
Materials revenue grew 1%, a rate we expect to increase during the second half of 2019 as the result of printer unit placements during 2018 and expect an ongoing unit growth and ramp of new products in 2019. We are pleased with operational progress we have made, the portfolio enhancements introduced throughout 2018, our improved execution, and the costs of opportunities available to us as we enter 2019. With that, I would like to provide an overview of the fourth quarter before John provides more detail on our financial results. In the fourth quarter, total revenue increased 2%, driven by continued growth in printer units and printer revenue in both metals and plastics and software and healthcare solutions growth. Our new products have been well-received, in particular, the NextDent 5100 and new DMP systems. And we expect to continue to ramp sales and production of all of our new solutions. GAAP gross profit margin in the fourth quarter of 2018 was 45.7%.
And non-GAAP gross margin was 46.3%. We are beginning to see results from the actions we are taking to improve our cost structure. And both GAAP and non-GAAP operating expenses decreased 2% compared to the fourth quarter of 2017. For the fourth quarter of 2018, we reported non-GAAP earnings of $0.10 per share and a GAAP loss of $0.04 per share. Now let me turn it over to John to discuss our fourth quarter 2018 financial performance in more detail. John?
John McMullen -- Executive Vice President and Chief Financial Officer
Thanks, VJ. Good afternoon, everyone. For the fourth quarter, we reported revenue of $180.7 million, an increase of 2% compared to the fourth quarter of 2017. GAAP gross profit margin was 45.7% compared to 48.2% in the fourth quarter of 2017. Gross profit margin was pressured by sales mix across printers, materials, and on-demand services. And lower on-demand margins were also pressured by facility consolidation costs while also investing in other facilities to improve and enhance our overall capabilities and global footprint. GAAP operating expenses decreased 2% to $89.6 million as we began to see the results of our cost structure improvement actions which offset higher legal costs related to the ongoing export compliance investigation and litigation.
We reported a GAAP loss of $0.04 per share in the fourth quarter of 2018, inclusive of a $4.9 million tax benefit related to the release of reserves resulting from the expiration of open tax periods compared to a GAAP loss of $0.08 per share in the fourth quarter of 2017. We reported non-GAAP earnings of $0.10 per share or $11.4 million in the fourth quarter of 2018, including the tax benefit compared to non-GAAP earnings of $0.05 per share or $5.3 million in the fourth quarter of 2017. We are pleased with our revenue growth across many categories of the business in the fourth quarter, in particular, the continued growth in printer revenue which resulted from growth across multiple platforms in all regions as well as continued growth in software and healthcare solutions revenue. Printer revenue increased 17% to $40.7 million on a 113% increase in printer unit sales across categories.
As we have discussed, printer unit sales, revenue mix, and overall average ASPs will likely continue to fluctuate, particularly as we ramp sales of new products which have a very wide range of prices. We believe the printer unit placements we continue to make today will help fuel our annuity-based business model over the longer-term. Materials revenue decreased 2% to $42 million in the fourth quarter. A lag time between printer placements and scaling materials utilization is very typical. And over time, we expect stronger growth in materials as we continue to place highly productive units quarter after quarter and continue to reshape our install base of printer units. Healthcare revenue increased 16% to $58.4 million. We broke across all categories. We continue to be pleased with the overall demand trends for healthcare. And we expect to continue to ramp sales of NextDent 5100 printers and to grow all categories of healthcare solutions.
Software revenue increased 3% to $26.7 million in the fourth quarter. While quarterly performance may fluctuate, we continue to expect growth from this category long-term. On-demand manufacturing revenue increased 5% to $27.7 million in the fourth quarter, benefiting from some large orders from industrial customers. We believe our investments in facilities, technology, customer experience, demand generation, and our enhanced sales approach have resulted in improvements in our on-demand business. However, we expect headwinds over the next several quarters as we implement actions to change our approach and processes related to global sourcing of orders. As a reminder, consistent with our disclosures, our quarterly results and revenue growth can be partially impacted by buying patterns of large, enterprise customers.
We reported GAAP gross profit margin of 45.7% and non-GAAP gross profit margin of 46.3% in the fourth quarter of 2018 as cost improvements from ongoing supply chain cost reduction initiatives continue to be offset by the impact of sales mix, costs related to ramping new products, and costs to close certain facilities while, at the same time, investing in other facilities to improve and enhance our utilization, capabilities, and global footprint, in particular, with on-demand and customer innovation center facilities. We continue to drive supply chain optimization, manufacturing efficiencies, and process improvements and, therefore, continue to expect fairly stable gross profit margins in 2019 with opportunities for expansion over the longer term with increasing materials growth and mix improvements. GAAP operating expenses for the quarter were $89.6 million, a decrease of 2% compared to the fourth quarter of 2017, including a 3% decrease in SG&A expenses and a 2% increase in R&D expenses.
Non-GAAP operating expenses in the fourth quarter were $75.7 million, a 2% decrease from the fourth quarter of the prior year. While timing of certain expenses fluctuate, in the second half of 2018, we believe we are beginning to see the results of the actions we are taking to reduce our cost structure. Compared to the 2017 quarter, non-GAAP SG&A expenses decreased 4% to $52.2 million, and non-GAAP R&D expenses increased $500,000 or 2% to $23.5 million. We are shifting from development to marketing and sales support of the new products we have rolled out throughout 2018. And for 2019, we plan to focus R&D on materials, innovations, and software growth opportunities. We are moving beyond some of the heavy investments which were necessary to turn around the company and have multiple significant product launches behind us as well.
We have reduced overall headcount and total cost of workforce including contractors and consultants and have reduced operating expenses even as higher legal fees related to export compliance and litigation continue. We are very focused on reducing our cost structure and driving cash generation during 2019. We generated $7.7 million of cash from operations during the fourth quarter and $4.8 million of cash from operations in the full year of 2018. We ended the quarter with $110 million of cash on hand, including $25 million of proceeds from our revolving credit facility. We have continued to invest in IT transformation and go-to-market, including facilities, e-commerce capabilities, and support for new product rollouts. Support for the rollout and ramping of new products also included a significant increase in inventory as a result of timing of supply chain lead times and product production and shipment plans for our expanded portfolio.
While cash use and generation will continue to fluctuate from period to period, we expect to generate organic free cash flow in 2019 as we begin to reduce inventory and capital expenditures and drive improved profitability. Additionally, our existing $150 million revolver was nearing the end of its five-year original term. So, we took action to initiate a new revolver for $100 million with an additional $100 million five-year term loan, repayable at any time without penalty which we believe provides the right level of liquidity support while we shift from investment phase to cash generation in 2019. Before I turn the call back to VJ, I'd like to take a moment to summarize where we are today and a high-level 2019 outlook. We have a strong operational foundation in place with improved processes across the company and, with new products launched in 2018, an unmatched portfolio. We expect revenue linearity throughout 2019 to be similar to recent years but with weaker sequential seasonality in Q1.
We continue to expect growth to be driven by printer revenue growth, including the expected ramp of sales of new products launched throughout 2018, materials growth with higher growth beginning in the second half of 2019, continuing healthcare revenue growth, and software growth continuing and improving over time. We are pleased with the overall progress we have made. But we continue to focus on additional operational efficiencies and cost reduction opportunities. We believe we are well-positioned for brothel growth as we enter 2019 and expect continued revenue growth, improved profitability, and cash generation. With that, I'll turn the call back to VJ for some concluding remarks. VJ?
Vyomesh Joshi -- President and Chief Executive Officer
Thanks, John. We have made significant progress in our turnaround and transformation work for the company. We launched several new products in 2018 and are very excited about the strength of our entire portfolio of workflow solutions focused on production applications. We believe we have significant opportunities across our key verticals and are increasing our market share in several categories while also expanding our market opportunities with new solutions and additional capabilities. With our improved operations, execution, and unmatched portfolio, we believe we are well-positioned to drive continued and increasingly profitable growth in 2019 and beyond. And with that, I would like to turn the ball back to Stacey who will open the floor for questions. Stacey?
Stacey Witten -- Vice President of Investor Relations
Thanks, VJ. We will now open the call to questions. We ask that you limit yourselves to one question and one follow-up, thus allowing others to participate in the discussion. As a reminder, please direct all questions to the teleconference portion of this call. The telephone numbers are provided again on this slide. If you are calling inside the US, the number is 1 (877) 407-8291. And if you're calling outside the US, the number is 1 (201) 689-8345.
Questions and Answers:
Operator
Thank you. We will now be conducting a question and answer session. If you would like to ask a question, please press * 1 on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You can press * 2 if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up your handset before pressing the * keys. One moment please while we poll for questions. And thank you. Our first question comes from the line of Ananda Baruah with Loop Capital. Please proceed.
Ananda Baruah -- Loop Capital -- Analyst
Hey. Good afternoon, guys. Congrats on the solid quarter.
John McMullen -- Executive Vice President and Chief Financial Officer
Thank you.
Ananda Baruah -- Loop Capital -- Analyst
It was a challenging environment -- you're welcome -- for a number of folks. Just two for me if I could. Just on the revenue guide, can you walk us through why this softer seasonality in the March quarter? And then VJ, do you think that revenue growth in 2019 can be as strong or stronger as in '18? It sounds like you have more things, more wind in the sail, so to speak. But if not, what would be the reason that it might not be? And then I have a follow-up. Thanks.
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah. I'll say a little on Q1. Maybe turn it over to VJ for the full year. So, in Q1, I think one of the impacts for us and the reason that we directed to a little more sequential seasonality there is related to large customer year-over-year order trends which, by the way, has nothing to do with their own revenue performance or anything like that but just timing of large orders. And we have visibility to that. And that has some of an impact in Q1. But it's not something we view as weakness.
Vyomesh Joshi -- President and Chief Executive Officer
So, I think for 2019, we will continue to drive the unit growth because the unit growth is going to be very important. The new products now, they all are ramping very nicely. As I mentioned, our dental product is doing extremely well. Even in the lab day last week, we heard from our customers and our channel partners that the acceptance of our 5100 is phenomenal. We also feel very good about our metal printers, the 350, the 500. And materials growth will come in second half because we absolutely are putting out the units. Our legacy materials are declining a little bit faster than we thought. But I do believe by second half of 2019, you will be able to see the materials growth. The healthcare and software will continue to grow. Again, in healthcare, depending on the big enterprise customer, we may have a different kind of a growth rate. But I absolutely believe that 2019, we want to grow both top line and the profitability and cash generation will be also a focus for 2019.
John McMullen -- Executive Vice President and Chief Financial Officer
I can give you a little more color on Q1 versus what was in the prepared remarks. So, our typical seasonality from Q4 to Q1 is, on average -- it varies a little bit year to year. It's about 6%. And we think it could be a few points higher than that this year if that helps you.
Ananda Baruah -- Loop Capital -- Analyst
Yeah. That's helpful. Thanks, guys. And then my follow-up is in both the press release and prepared remarks, John, you talked about [inaudible] materials innovation and software growth opportunities. Can you just go into that a little bit more and give a little more detail around where you're focusing, what we should expect, like that? That'd be great. Thanks a lot.
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah. I'll let VJ take that one because I think he can explain a little bit more on the focus.
Vyomesh Joshi -- President and Chief Executive Officer
So, I think the materials -- for us, we go for the really incredible leads on some of these platforms. And I think what we need to do is to focus on use cases where we can go after the production workflows. So, what we are doing now is to really align our application engineering, our materials science developers in saying, "Okay. Let's pick two or three very important production workflows just like what we have done in dental. Can we come up with some new production workflow that we are inventing new materials for that?" That's the innovation R&D that will really enable us to scale our figure-four platform for production workflows.
As far as the software is concerned, I really think software in the digital factory environment, we have incredible opportunity. When we think about -- right now, we have what I call complement-based point solutions for additive manufacturing. But I think we can really build out some cloud-based solutions and new ways to do additive manufacturing. That's why software is another very important R&D work that you wanna do. And these are the two annuities. The way I think about it is we will do the install base and then enjoy the annuities stream in materials and services.
Ananda Baruah -- Loop Capital -- Analyst
And when should we expect the innovation to bear fruit? When do you expect -- or when can we expect you guys to actually -- for both of those? For materials --
Vyomesh Joshi -- President and Chief Executive Officer
So, I think it's gonna be coming throughout the year of 2019 and beyond. Basically, if you think about it, our turnaround and transformation was build a foundation, get the part in the lab right. Get the go-to-market and all the supply chain and all the business processing right. Invent new products. And that's what really building plastics and metals and software platform. Now, let's add new materials both in plastics and metals and go after the innovation in software.
John McMullen -- Executive Vice President and Chief Financial Officer
And just from a cost structure point of view, there's an opportunity for us right now to save because we put so much money into product development over the last year, year and a half with all these launches. So, we're able to scale back there and now put some of that to these two areas. And that was the message we were trying to get across in terms of the shift.
Ananda Baruah -- Loop Capital -- Analyst
That's great. And we can expect to see new solutions and new materials and new workflow solutions come to market in 2019?
Vyomesh Joshi -- President and Chief Executive Officer
Yes.
Ananda Baruah -- Loop Capital -- Analyst
Great. Thanks a lot.
Operator
Thank you. Our next question comes from the line of Jim Ricchiutti with Needham & Co. Please proceed.
James Ricchiuti -- Needham & Co. -- Analyst
Thank you. Yes. Hello. Can you hear me?
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah. We can.
James Ricchiuti -- Needham & Co. -- Analyst
Oh, OK. Good afternoon. Just a question on the materials business. It sounds like there's some moving parts to the business. It seems like your legacy materials businesses may be declining a little faster. And I'm wondering are you seeing the pickup from some of the -- you had strong unit shipments for several quarters now. And yet you still seem to be suggesting the real benefit of that may still be a couple of quarters away. So, I'm trying to understand when you're gonna start to see that.
Vyomesh Joshi -- President and Chief Executive Officer
I think what we are seeing is in all our new products, we are seeing the appropriate materials growth. From the core platforms like our SLA machines, our SLS machines, our new 2500 MJP, we are seeing materials growth consistent with our install base. The legacy printers like the wipers which have been introduced years ago, our 3600 MJP, our 5000 MJP, our CJP printers, their materials revenue is declining. So, that's the kind of headwind that we have to fight. And I think it'll take us next six months where the crossover will happen. And you're gonna see very consistent materials growth with the install base growth. So, I think we have two more quarters of really managing that balance between the legacy this quarter versus the new products.
John McMullen -- Executive Vice President and Chief Financial Officer
I think the other thing that I'd add to -- we really have some pretty good analytics now around understanding all those components. So, we're looking at this as a model of when those lines cross over, basically. And that's why we feel the way we do relative to the second half.
James Ricchiuti -- Needham & Co. -- Analyst
Okay. That's helpful. And one final question, if I may. And I'll jump back in the queue. John, you seem to suggest that some changes in the on-demand business and the organization could impact the business in the near-term if I heard you correctly. I'm just wondering is that the case? And when should we start seeing the benefits of some of the changes you're making there?
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah. I think what we wanted to get across there is that we did see some slowdown and pullback in revenue in the second half as a result of some of the actions we're taking. So, if you look at that from a run rate point of view throughout 2019, we're thinking flattish there for --
Vyomesh Joshi -- President and Chief Executive Officer
Yeah. I think main thing that we had talked about, the export compliance headwinds we have. And because of that, we are changing our outsourcing strategy. And that has impact because this is something that we absolutely need to make sure we do the right thing on the export compliance point of view. And that puts pressure on our on-demand parts business.
James Ricchiuti -- Needham & Co. -- Analyst
Got it. Thank you.
Operator
Thank you. Our next question comes from the line of Brian Drab with William Blair. Please proceed.
Joe Aiken -- William Blair & Co. -- Analyst
This is actually Joe Aiken on for Brian Drab today. Staying on the materials business, do you see the gross margin in that business continuing to decline? Or do you think that could stabilize in the coming year?
Vyomesh Joshi -- President and Chief Executive Officer
Oh, I think it will stabilize because I think the important part here is this phenomena of the legacy materials. And we are really seeing very good correlation with our core products and the new products. And they have a very healthy margin that we get for the materials. And even more important part for us is to invent those new materials that I talked about because at the end of the day, going after new production workflows with the right application engineering is what I would like to do. So, I really believe as long as we continue to innovate in materials, our gross margin on materials should be stable.
Joe Aiken -- William Blair & Co. -- Analyst
Okay. Thanks. And what about for overall gross margin? Do you see that directionally trending up or down in 2019?
John McMullen -- Executive Vice President and Chief Financial Officer
I think it'll be roughly stable. It depends on the quarter or the mix that we have quarter to quarter. Our belief is over time, there's opportunity for margin expansion when the material growth kicks in. But I think in the interim, relatively stable. Maybe some ups and downs quarter to quarter but relatively stable.
Joe Aiken -- William Blair & Co. -- Analyst
Sure. Thanks. And if I could just sneak one more in, how many installations of the figure-four system have you made at this point?
Vyomesh Joshi -- President and Chief Executive Officer
Well, if you think about the dental printer, we have done really well on the dental printer side because it's in 100s. It's not in just one or two. That's how I would think about it.
Joe Aiken -- William Blair & Co. -- Analyst
Okay. Great. Thank you.
Operator
Thank you. Our next question comes from the line of Hendi Susanto with G Research. Please proceed.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
Good evening, VJ and John. I have questions. So, looking at 2018, you demonstrated strong products revenue growth of 25%. And then as 3D Systems shifted its focus more on materials innovation and saw great growth opportunity and considering that you introduced a good number of new products in 2018, should we expect printers products revenue growth in 2019 to normalize to a lower base?
Vyomesh Joshi -- President and Chief Executive Officer
Well, I think in my view, first two quarters, we should continue to see the unit growth. The printer revenue growth may be different depending on, as John mentioned, with respect to what's gonna happen with our enterprise customer. But in second half, still, we absolutely believe that we'll have a very good unit growth. Our revenue growth will depend on the mix because, as you know, we go all the way from $5,000.00 product to $1 million products. So, it's very hard to really look at the revenue growth and the unit growth in the same way. I think the important part for us -- and I think that's how you should be measuring us -- in the second half, our materials growth. That should come back.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
And then any insight on on-demand manufacturings in 2019?
Vyomesh Joshi -- President and Chief Executive Officer
So, I think that John mentioned it's kind of flat because we have the headwinds of the export compliance. We need to put some right processes and right software in place. And we need to find right kind of outsourcing partner in United States. And I think that -- the market is growing. But I think here, we need to really do the right thing from export compliance. And I think that's the headwind that we are really looking at.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
So, that headwind should continue throughout first half, at least? Is that the right --
Vyomesh Joshi -- President and Chief Executive Officer
That's our current approach. And our view is --
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah. Next few quarters. Obviously, we'll keep you up to date quarter to quarter. But that's our plan.
Vyomesh Joshi -- President and Chief Executive Officer
Right now, our planning assumption is throughout 2019.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
Okay. Got it. Thank you.
Operator
Thank you. We have reached the end of our Q&A session. I would like to turn the call back over to Stacey Witten for closing remarks.
Stacey Witten -- Vice President of Investor Relations
Thank you for joining us today and for your continued support of 3D Systems. A replay of this website will be made available after this call on the investor relations section of our website, www.3dsystems.com/investor. Thank you.
Operator
Thank you. This concludes today's teleconference. You may disconnect your lines at this time. And thank you for your participation.
Duration: 37 minutes
Call participants:
Stacey Witten -- Vice President of Investor Relations
Vyomesh Joshi -- President and Chief Executive Officer
John McMullen -- Executive Vice President and Chief Financial Officer
Ananda Baruah -- Loop Capital -- Analyst
James Ricchiuti -- Needham & Co. -- Analyst
Joe Aiken -- William Blair & Co. -- Analyst
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
More DDD analysis
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of February 1, 2019
Motley Fool Transcription has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems Corporation (NYSE: DDD) Q4 2019 Earnings Conference Call February 28, 2019, 4:30 p.m. Duration: 37 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst James Ricchiuti -- Needham & Co. -- Analyst Joe Aiken -- William Blair & Co. -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis This article is a transcript of this conference call produced for The Motley Fool. After stabilizing the company and putting a foundation in place, we shifted toward transformation efforts, enhancing the work portfolio with several innovative and disruptive new products while, at the same time, improving our infrastructure, operations, go-to-market, and cost structure.
|
Duration: 37 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst James Ricchiuti -- Needham & Co. -- Analyst Joe Aiken -- William Blair & Co. -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis This article is a transcript of this conference call produced for The Motley Fool. 3D Systems Corporation (NYSE: DDD) Q4 2019 Earnings Conference Call February 28, 2019, 4:30 p.m. For the full year, we reported total revenue growth of 6%, printer revenue growth of 25% on a 76% increase in printer unit sales, software revenue growth of 5%, healthcare solutions revenue growth of 19% growth, and on-demand manufacturing revenue growth of 2% despite the headwinds attributed to export appliance and outsourcing changes.
|
Duration: 37 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst James Ricchiuti -- Needham & Co. -- Analyst Joe Aiken -- William Blair & Co. -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis This article is a transcript of this conference call produced for The Motley Fool. 3D Systems Corporation (NYSE: DDD) Q4 2019 Earnings Conference Call February 28, 2019, 4:30 p.m. For the full year, we reported total revenue growth of 6%, printer revenue growth of 25% on a 76% increase in printer unit sales, software revenue growth of 5%, healthcare solutions revenue growth of 19% growth, and on-demand manufacturing revenue growth of 2% despite the headwinds attributed to export appliance and outsourcing changes.
|
Duration: 37 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst James Ricchiuti -- Needham & Co. -- Analyst Joe Aiken -- William Blair & Co. -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis This article is a transcript of this conference call produced for The Motley Fool. 3D Systems Corporation (NYSE: DDD) Q4 2019 Earnings Conference Call February 28, 2019, 4:30 p.m. We are pleased with our revenue growth across many categories of the business in the fourth quarter, in particular, the continued growth in printer revenue which resulted from growth across multiple platforms in all regions as well as continued growth in software and healthcare solutions revenue.
|
8d8f813e-56ef-43f7-990d-25b13f6c35a2
|
716820.0
|
2019-02-28 00:00:00 UTC
|
Noteworthy Thursday Option Activity: ZS, CRC, DDD
|
DDD
|
https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-zs-crc-ddd-2019-02-28
|
nan
|
nan
|
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Zscaler Inc (Symbol: ZS), where a total of 10,343 contracts have traded so far, representing approximately 1.0 million underlying shares. That amounts to about 65.8% of ZS's average daily trading volume over the past month of 1.6 million shares. Especially high volume was seen for the $45 strike put option expiring March 15, 2019 , with 1,747 contracts trading so far today, representing approximately 174,700 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $45 strike highlighted in orange:
California Resources Corp (Symbol: CRC) saw options trading volume of 12,333 contracts, representing approximately 1.2 million underlying shares or approximately 59.7% of CRC's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $21 strike call option expiring March 15, 2019 , with 1,538 contracts trading so far today, representing approximately 153,800 underlying shares of CRC. Below is a chart showing CRC's trailing twelve month trading history, with the $21 strike highlighted in orange:
And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 6,254 contracts, representing approximately 625,400 underlying shares or approximately 56.9% of DDD's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $14 strike call option expiring March 15, 2019 , with 347 contracts trading so far today, representing approximately 34,700 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $14 strike highlighted in orange:
For the various different available expirations for ZS options , CRC options , or DDD options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Especially high volume was seen for the $14 strike call option expiring March 15, 2019 , with 347 contracts trading so far today, representing approximately 34,700 underlying shares of DDD. Below is a chart showing CRC's trailing twelve month trading history, with the $21 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 6,254 contracts, representing approximately 625,400 underlying shares or approximately 56.9% of DDD's average daily trading volume over the past month, of 1.1 million shares. Below is a chart showing DDD's trailing twelve month trading history, with the $14 strike highlighted in orange: For the various different available expirations for ZS options , CRC options , or DDD options , visit StockOptionsChannel.com.
|
Below is a chart showing CRC's trailing twelve month trading history, with the $21 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 6,254 contracts, representing approximately 625,400 underlying shares or approximately 56.9% of DDD's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $14 strike call option expiring March 15, 2019 , with 347 contracts trading so far today, representing approximately 34,700 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $14 strike highlighted in orange: For the various different available expirations for ZS options , CRC options , or DDD options , visit StockOptionsChannel.com.
|
Below is a chart showing CRC's trailing twelve month trading history, with the $21 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 6,254 contracts, representing approximately 625,400 underlying shares or approximately 56.9% of DDD's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $14 strike call option expiring March 15, 2019 , with 347 contracts trading so far today, representing approximately 34,700 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $14 strike highlighted in orange: For the various different available expirations for ZS options , CRC options , or DDD options , visit StockOptionsChannel.com.
|
Below is a chart showing CRC's trailing twelve month trading history, with the $21 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 6,254 contracts, representing approximately 625,400 underlying shares or approximately 56.9% of DDD's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $14 strike call option expiring March 15, 2019 , with 347 contracts trading so far today, representing approximately 34,700 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $14 strike highlighted in orange: For the various different available expirations for ZS options , CRC options , or DDD options , visit StockOptionsChannel.com.
|
99def3d8-112f-4347-8652-a2c6dbacb304
|
716821.0
|
2019-02-28 00:00:00 UTC
|
2 3D Printing Stocks Poised to Advance
|
DDD
|
https://www.nasdaq.com/articles/2-3d-printing-stocks-poised-advance-2019-02-28
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Heading into their fourth-quarter results, two of the largest pure-play 3D printing stocks - Stratasys (NASDAQ: SSYS ) and 3D Systems (NASDAQ: DDD ) - continue to have multiple, strong, positive catalysts. There are signs that these catalysts are taking hold and will positively impact the companies' upcoming Q4 results, further pushing up SSYS stock and DDD stock in the wake of their results.
Source: Shutterstock
DDD is slated to report its Q4 results today after the market close, while SSYS is scheduled to report its Q4 results on March 7.
Major Catalysts for 3D Printing Stocks
On its Q3 results conference call, Stratasys noted that it was seeing a "gradual" acceleration of the use of its products by aerospace companies. The company also cited giant defense contractor Lockheed Martin (NYSE: LMT ) as one of its customers.
Similarly, 3D Systems' partnership with military shipbuilder Huntington Ingalls Industries (NYSE: HII ) , announced last year, seems to be progressing, as HII produced a 3D-printed component for nuclear ships, 3D printing Industryreported on Jan 30. Meanwhile, on its Q3 conference call , DDD said that in the quarter its " Healthcare revenue increased 14% to $53.1 million with growth across all categories ," adding that "we continue to be pleased with the overall demand trends for healthcare."
9 Best Stocks to Buy on U.S.-China Trade Optimism
Importantly, the defense/aerospace and healthcare sectors are both extremely large, lucrative markets.
Moreover, given the sectors' need for precision, their highly intricate parts, and their need to frequently change parts due to intense use, the companies of both sectors seem like ideal customers for DDD and SSYS. Assuming that the companies' growth in those sectors was stable or accelerated last quarter, I think that their results will beat analysts' expectations, given the seasonal strength of Q4 and analysts' general pessimism towards 3D printing stocks.
As a result, both DDD stock and SSYS stock are likely to rise in the wake of their Q4 results.
Signs of a Turnaround That Will Benefit 3D Printing Stocks
There are multiple signs that both of these 3D printing stocks should benefit from the companies' ongoing turnaround. In Q3, Stratasys' operating income reached $3.4 million, versus a $6.9 million loss during the same period a year earlier, while its EBITDA jumped to $14.7 million from $9.4 million.
Furthermore, its Service Revenue increased 10% YoY and its consumable revenue rose 3% YoY, indicating that its customers are starting to use its products more. Over time, that should lead to higher product revenue as products that are used a great deal are replaced by newer products. The company's consumable revenue should then rise as its customers buy more consumables to use in conjunction with their products.
As for DDD, its printer revenue surged 17% YoY in Q3, while its software revenue jumped 8% and its materials revenue rose 2%. Thus, DDD appears, like SSYS, to be entering the beginning of a virtuous cycle of its razor-and-blade model.
And in another sign that these two 3D printing stocks are beginning a turnaround, research firm Piper Jaffray at the end of January upgraded SSYS stock and DDD stock to "overweight" from "neutral, The Fly reported .
Piper analyst Troy Jensen, a veteran watcher of 3D printing stocks, wrote that his checks indicated that "direct sales of production systems were strong in Q4," while "overall 3D printing demand is improving," The Fly stated. Finally, Jensen contended that 3D Systems' "product positioning" has rebounded. The analyst set a $31 price target on SSYS stock and a $17 price target on DDD stock.
As of this writing, Larry Ramer owned shares of DDD stock and SSYS stock.
More From InvestorPlace
2 Toxic Pot Stocks You Should Avoid
7 Consumer Stocks to Buy and Hold for Years
4 China Stocks Soaring on Trade Hopes
3 Esports Stocks to Benefit From the Boom
Compare Brokers
The post 2 3D Printing Stocks Poised to Advance appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Heading into their fourth-quarter results, two of the largest pure-play 3D printing stocks - Stratasys (NASDAQ: SSYS ) and 3D Systems (NASDAQ: DDD ) - continue to have multiple, strong, positive catalysts. There are signs that these catalysts are taking hold and will positively impact the companies' upcoming Q4 results, further pushing up SSYS stock and DDD stock in the wake of their results. Source: Shutterstock DDD is slated to report its Q4 results today after the market close, while SSYS is scheduled to report its Q4 results on March 7.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Heading into their fourth-quarter results, two of the largest pure-play 3D printing stocks - Stratasys (NASDAQ: SSYS ) and 3D Systems (NASDAQ: DDD ) - continue to have multiple, strong, positive catalysts. There are signs that these catalysts are taking hold and will positively impact the companies' upcoming Q4 results, further pushing up SSYS stock and DDD stock in the wake of their results. The analyst set a $31 price target on SSYS stock and a $17 price target on DDD stock.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Heading into their fourth-quarter results, two of the largest pure-play 3D printing stocks - Stratasys (NASDAQ: SSYS ) and 3D Systems (NASDAQ: DDD ) - continue to have multiple, strong, positive catalysts. And in another sign that these two 3D printing stocks are beginning a turnaround, research firm Piper Jaffray at the end of January upgraded SSYS stock and DDD stock to "overweight" from "neutral, The Fly reported . There are signs that these catalysts are taking hold and will positively impact the companies' upcoming Q4 results, further pushing up SSYS stock and DDD stock in the wake of their results.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Heading into their fourth-quarter results, two of the largest pure-play 3D printing stocks - Stratasys (NASDAQ: SSYS ) and 3D Systems (NASDAQ: DDD ) - continue to have multiple, strong, positive catalysts. As a result, both DDD stock and SSYS stock are likely to rise in the wake of their Q4 results. And in another sign that these two 3D printing stocks are beginning a turnaround, research firm Piper Jaffray at the end of January upgraded SSYS stock and DDD stock to "overweight" from "neutral, The Fly reported .
|
0483a710-c2a2-47d5-bc97-07f1d393931b
|
716822.0
|
2019-02-28 00:00:00 UTC
|
Earnings Reaction History: 3D SYSTEMS CORP, 83.3% Follow-Through Indicator, 13.5% Sensitive
|
DDD
|
https://www.nasdaq.com/articles/earnings-reaction-history-3d-systems-corp-833-follow-through-indicator-135-sensitive-2019
|
nan
|
nan
|
Expected Earnings Release: 02/28/2019, After-hours
Avg. Extended-Hours Dollar Volume: $3,060,473
3D SYSTEMS CORP ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DDD indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 80%
Average next regular session additional gain: 9.9%
Over the prior three fiscal years (12 quarters), when shares of DDD rose in the extended-hours session in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock posted additional gains in the following regular session by an average of 9.9%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 85.7%
Average next regular session additional loss: 6.5%
Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 85.7% of the time (6 events) the stock dropped further, adding to the extended-hours losses by an average of 6.5% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 9.9% Over the prior three fiscal years (12 quarters), when shares of DDD rose in the extended-hours session in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock posted additional gains in the following regular session by an average of 9.9%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 85.7% Average next regular session additional loss: 6.5% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 85.7% of the time (6 events) the stock dropped further, adding to the extended-hours losses by an average of 6.5% by the following regular session close. Extended-Hours Dollar Volume: $3,060,473 3D SYSTEMS CORP ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
|
Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 9.9% Over the prior three fiscal years (12 quarters), when shares of DDD rose in the extended-hours session in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock posted additional gains in the following regular session by an average of 9.9%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 85.7% Average next regular session additional loss: 6.5% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 85.7% of the time (6 events) the stock dropped further, adding to the extended-hours losses by an average of 6.5% by the following regular session close. Extended-Hours Dollar Volume: $3,060,473 3D SYSTEMS CORP ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
|
Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 9.9% Over the prior three fiscal years (12 quarters), when shares of DDD rose in the extended-hours session in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock posted additional gains in the following regular session by an average of 9.9%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 85.7% Average next regular session additional loss: 6.5% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 85.7% of the time (6 events) the stock dropped further, adding to the extended-hours losses by an average of 6.5% by the following regular session close. Extended-Hours Dollar Volume: $3,060,473 3D SYSTEMS CORP ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
|
Extended-Hours Dollar Volume: $3,060,473 3D SYSTEMS CORP ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 9.9% Over the prior three fiscal years (12 quarters), when shares of DDD rose in the extended-hours session in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock posted additional gains in the following regular session by an average of 9.9%. Historical earnings event related premarket and after-hours trading activity in DDD indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close.
|
89961b57-84ed-40e9-a81e-0fe8b49fbab3
|
716823.0
|
2019-02-17 00:00:00 UTC
|
3D Systems Earnings Preview: What to Watch
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-preview-what-watch-2019-02-17
|
nan
|
nan
|
3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28.
As was the case last quarter, it's on track to be the first of the two big 3D printing companies to report, as Stratasys is scheduled to release its earnings on Thursday, March 7.
Shares of 3D Systems are up 34.5% in 2019 through Feb. 15, outpacing the S&P 500 's 11% return, though trailing Stratasys stock's torrid 57.1% gain.
Key numbers
Here are the year-ago quarter's results to use as benchmarks.
Data sources: 3D Systems and Yahoo! Finance.
For context, Wall Street expects 3D Systems to deliver fourth-quarter adjusted EPS of $0.07 on revenue of $180.8 million, representing growth of 40% and 2%, respectively, year over year. While long-term investors shouldn't place much importance on the Street's near-term estimates, they can be helpful to know, because they often help explain market reactions.
Many investors are likely to be watching revenue closely, as year-over-year growth decelerated last quarter to 7.6%, from 10.7% in the second quarter , after accelerating from 6.1% in the first quarter . On the profitability front, last quarter's results were a mixed bag. Adjusted EPS flipped to positive, from negative in the year-ago period; however, the company used $12.1 million of cash in operations. So investors will want to be keeping an eye on cash flows.
3D printer sales
As always, investors should focus on sales of 3D printers. While this business probably comprises less of 3D Systems' total revenue than many investors might think -- 21% last quarter -- it's crucial. 3D printer sales drive future sales of print materials -- and these materials sport high margins, making them an engine for profit growth.
Last quarter, revenue from 3D printer sales rose 17% year over year, while the number of units sold soared 93%. In the second quarter, revenue surged 41% year over year on unit growth of 37%.
Investors can probably expect continued robust sales of metal 3D printers. Last quarter, demand for 3D Systems' new ProX DMP (direct metal printer) 350 outstripped the company's manufacturing capacity. Management said on that quarter's earnings call that it expects the company to be production constrained again in the fourth quarter, but that capacity should be ramped up enough to meet demand in 2019.
Figure 4 sales and outlook
Last quarter, management pushed back the timeline to 2019 for starting to ship modular Figure 4 systems. (Figure 4 is a fast, scalable stereolithography 3D printing system for producing small plastic parts.) Originally, the company expected to start shipping these systems in late 2017 or early 2018, and then the second half of 2018.
Are sales taking longer to materialize than the company initially anticipated simply because these are larger, pricier systems, or are potential customers largely not enamored enough with the systems to buy them? Investors should expect an update on the earnings call about the company's progress selling Figure 4 systems.
Figure 4 is probably integral to 3D Systems' long-term success. It's the company's entrant into the fast production 3D printer space -- a space that's projected to grow notably over the long term. HP and venture-funded Carbon were the early entrants in this realm.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of January 31, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28. As was the case last quarter, it's on track to be the first of the two big 3D printing companies to report, as Stratasys is scheduled to release its earnings on Thursday, March 7. Last quarter, demand for 3D Systems' new ProX DMP (direct metal printer) 350 outstripped the company's manufacturing capacity.
|
3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28. For context, Wall Street expects 3D Systems to deliver fourth-quarter adjusted EPS of $0.07 on revenue of $180.8 million, representing growth of 40% and 2%, respectively, year over year. Last quarter, revenue from 3D printer sales rose 17% year over year, while the number of units sold soared 93%.
|
3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28. Many investors are likely to be watching revenue closely, as year-over-year growth decelerated last quarter to 7.6%, from 10.7% in the second quarter , after accelerating from 6.1% in the first quarter . Figure 4 sales and outlook Last quarter, management pushed back the timeline to 2019 for starting to ship modular Figure 4 systems.
|
3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28. Last quarter, revenue from 3D printer sales rose 17% year over year, while the number of units sold soared 93%. Figure 4 sales and outlook Last quarter, management pushed back the timeline to 2019 for starting to ship modular Figure 4 systems.
|
14ff0ba5-5137-4cb5-bd54-ffd02d33f0e5
|
716824.0
|
2019-02-11 00:00:00 UTC
|
Why These Three 3D Printing Stocks Gained as Much as 42% in January
|
DDD
|
https://www.nasdaq.com/articles/why-these-three-3d-printing-stocks-gained-much-42-january-2019-02-11
|
nan
|
nan
|
What happened
In January, shares of Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the two largest pure-play 3D printing stocks by market cap, soared 41.8% and 25.5%, respectively, while shares of Proto Labs (NYSE: PRLB) , which offers 3D printing and other manufacturing services, gained 10.1%, according to data from S&P Global Market Intelligence .
This month, through Friday, Stratasys stock has gained 1.6% and 3D Systems has edged down 0.2%, while Proto Labs has plummeted 16.6%.
For context, the S&P 500 index returned 8% last month and has inched up 0.2% so far in February, through Friday.
So what
Stratasys and 3D Systems
On Jan. 29, Piper Jaffray upgraded shares of both Stratasys and 3D Systems from neutral to overweight, as my colleague Rich Smith reported . Analysts at the investment bank reportedly raised their price target for Stratasys stock (which had closed at $22.28 the day before) to $31 and hiked their price target for 3D Systems (which had closed at $11.54 the previous day) to $17. Following these upgrades, shares of Stratasys jumped 8%, and shares of 3D Systems rose 6.3%.
Neither company released any notable news in January or in very late December, nor was either specifically the subject of any material news during this period other than the Wall Street upgrades. So we can probably attribute the bulk of Stratasys' and 3D Systems stocks' strong performances last month to general market dynamics. Just as many highly valued stocks, particularly in the tech space, were hit especially hard by the market correction during the last three months of 2018, many of them came roaring back in an outsize way in January when the overall market bounced back.
Proto Labs
Proto Labs also didn't release any notable news in January or in very late December, nor was it specifically the subject of any material news during this period. So we can probably safely attribute its stock's 10.1% rise in January to the general market conditions previously outlined.
The new year may have come in bullish for Proto Labs, but February turned bearish for the quick-turn contract manufacturer of prototypes and short-run production parts. Shares are down 16.6% this month through Friday, which we can attribute to the company's release on Feb. 7 of fourth-quarter 2018 results and first-quarter 2019 guidance that fell short of what Wall Street and, thus, many investors were looking for. The market sent shares of Proto Labs to a closing loss of 21.8% on the day it announced earnings.
Proto Labs' fourth-quarter results were actually quite solid, with revenue, earnings per share (EPS), and EPS adjusted for one-time items jumping 19.7%, 34%, and 27.6% year over year. However, the company's outlook for the first quarter of 2019 was tepid. It expects revenue growth of 5% to 10% year over year and expects adjusted EPS to decline by as much as 8% or grow by as much as 3% year over year.
Now what
Investors should be getting some material news soon, as 3D Systems is scheduled to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28. Stratasys hasn't yet set a date for its earnings release, but it's widely expected to report in late February or very early March.
Along with the headline revenue and earnings numbers, the two metrics that investors should watch for both companies are gross margin and 3D printer sales. Gross margins often reflect pricing power (or lack thereof), while 3D printer sales are central to both companies' business models in that they drive sales of the high-margin print materials.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of January 31, 2019
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Proto Labs. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened In January, shares of Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the two largest pure-play 3D printing stocks by market cap, soared 41.8% and 25.5%, respectively, while shares of Proto Labs (NYSE: PRLB) , which offers 3D printing and other manufacturing services, gained 10.1%, according to data from S&P Global Market Intelligence . The new year may have come in bullish for Proto Labs, but February turned bearish for the quick-turn contract manufacturer of prototypes and short-run production parts. Shares are down 16.6% this month through Friday, which we can attribute to the company's release on Feb. 7 of fourth-quarter 2018 results and first-quarter 2019 guidance that fell short of what Wall Street and, thus, many investors were looking for.
|
What happened In January, shares of Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the two largest pure-play 3D printing stocks by market cap, soared 41.8% and 25.5%, respectively, while shares of Proto Labs (NYSE: PRLB) , which offers 3D printing and other manufacturing services, gained 10.1%, according to data from S&P Global Market Intelligence . Neither company released any notable news in January or in very late December, nor was either specifically the subject of any material news during this period other than the Wall Street upgrades. Proto Labs Proto Labs also didn't release any notable news in January or in very late December, nor was it specifically the subject of any material news during this period.
|
What happened In January, shares of Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the two largest pure-play 3D printing stocks by market cap, soared 41.8% and 25.5%, respectively, while shares of Proto Labs (NYSE: PRLB) , which offers 3D printing and other manufacturing services, gained 10.1%, according to data from S&P Global Market Intelligence . This month, through Friday, Stratasys stock has gained 1.6% and 3D Systems has edged down 0.2%, while Proto Labs has plummeted 16.6%. Proto Labs Proto Labs also didn't release any notable news in January or in very late December, nor was it specifically the subject of any material news during this period.
|
What happened In January, shares of Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the two largest pure-play 3D printing stocks by market cap, soared 41.8% and 25.5%, respectively, while shares of Proto Labs (NYSE: PRLB) , which offers 3D printing and other manufacturing services, gained 10.1%, according to data from S&P Global Market Intelligence . This month, through Friday, Stratasys stock has gained 1.6% and 3D Systems has edged down 0.2%, while Proto Labs has plummeted 16.6%. Now what Investors should be getting some material news soon, as 3D Systems is scheduled to report its fourth-quarter and full-year 2018 results after the market closes on Thursday, Feb. 28.
|
4ad2432d-e1a9-492c-8b2f-cb9c42fde17d
|
716825.0
|
2019-01-31 00:00:00 UTC
|
Printing Spread Profits in Stratasys and Materialise: SSYS Stock, MTLS Stock
|
DDD
|
https://www.nasdaq.com/articles/printing-spread-profits-stratasys-and-materialise-ssys-stock-mtls-stock-2019-01-31
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Bulls and a few likely unwitting bears helped print big gains Wednesday in 3D Systems (NYSE: DDD ) and Stratasys Ltd. (NASDAQ: SSYS ), courtesy of broker upgrades. But for traders looking to spread their risk among the best stocks in the group, saying goodbye to DDD stock and buying SSYS stock alongside peer Materialise NV (NASDAQ: MTLS ) is the better play for printing future profits. Let me explain.
A pair of Piper Jaffray upgrades to outperform from neutral for 3D manufacturing equities DDD stock and SSYS stock resulted in hefty gains of 6.33% and 8.03%, respectively, following the analyst Troy Jensen 's changes. Behind the ratings move , the he cited improving printing demand, a long-awaited shift to production applications finally beginning to emerge and each company enjoying their best positioning for growth in years.
But similar size gains in DDD and SSYS well-removed from their intraday highs and comparable rationale for the upgrades doesn't mean this is a durable pairing or the two best stocks to own. It makes buying either name more risky in my estimation.
3D Printing Long #1: SSYS Stock
For spread traders wanting smarter exposure from the 3D printing space. I'd pick just one: Stratasys. Of course, I'd also buy MTLS stock to complete the position, but more on that in a moment.
10 Stocks to Sell in February
With both 3D Systems and Stratasys on the hardware side of the business, but SSYS stock printing a much stronger price chart and having shed its bearish short interest down to 12% compared to DDD's 23%; the market is already hinting Stratasys is the better-positioned of the two.
SSYS Stock Weekly Chart
Ideally, I'd wait for a trigger above $25.18 in SSYS stock to get long. The buy point represents a breakout above Tuesday's high and a price move back above mid-pivot resistance of $24.70 within the bullish double-bottom base construction. But as part of a spread trade with MTLS stock, an allowance to go long with a 10% stop-loss makes sense.
3D Printing Long #2: Materialise NV ( MTLS )
Belgium-based MTLS stock hasn't enjoyed the notoriety or volatile fortunes and misfortunes of SSYS stock or 3D Systems. But Materialise has earned a reputation for capturing solid growth and profits during a couple rocky years for the industry.
7 High-Dividend Stocks Yielding More Than 5% (Plus a Bonus)
Unlike DDD, MTLS stock also distinguishes itself from its hardware peer Stratasys as it's positioned on the software side of the 3D printing space. This diversification adds to the attractiveness of owning shares and further spreading the industry risk alongside SSYS stock.
MTLS Stock Weekly Chart
Another bonus of buying MTLS stock today as part of a spread position with SSYS stock is that shares have corrected within their uptrend into a nice area of technical support. Shares are currently testing a former cup-shaped base and pair of key Fibonacci levels for support.
Again, and similar to Stratasys, it might be tempting to wait on an ideal entry in MTLS stock. But as part of a spread trade where SSYS stock is showing sure signs of good things to come and MTLS is already in a sturdy uptrend and offering investors an opportunity to buy at a smart-looking discount; this pair looks ready for printing future profits today.
Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual.For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits .
More From InvestorPlace
2 Toxic Pot Stocks You Should Avoid
10 Smart Money Stocks to Buy for the Rest of the Year
10 Best Consumer Stocks to Buy in 2019
10 Triple-A Stocks to Buy in February
Compare Brokers
The post Printing Spread Profits in Stratasys and Materialise: SSYS Stock, MTLS Stock appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bulls and a few likely unwitting bears helped print big gains Wednesday in 3D Systems (NYSE: DDD ) and Stratasys Ltd. (NASDAQ: SSYS ), courtesy of broker upgrades. But for traders looking to spread their risk among the best stocks in the group, saying goodbye to DDD stock and buying SSYS stock alongside peer Materialise NV (NASDAQ: MTLS ) is the better play for printing future profits. A pair of Piper Jaffray upgrades to outperform from neutral for 3D manufacturing equities DDD stock and SSYS stock resulted in hefty gains of 6.33% and 8.03%, respectively, following the analyst Troy Jensen 's changes.
|
But for traders looking to spread their risk among the best stocks in the group, saying goodbye to DDD stock and buying SSYS stock alongside peer Materialise NV (NASDAQ: MTLS ) is the better play for printing future profits. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bulls and a few likely unwitting bears helped print big gains Wednesday in 3D Systems (NYSE: DDD ) and Stratasys Ltd. (NASDAQ: SSYS ), courtesy of broker upgrades. A pair of Piper Jaffray upgrades to outperform from neutral for 3D manufacturing equities DDD stock and SSYS stock resulted in hefty gains of 6.33% and 8.03%, respectively, following the analyst Troy Jensen 's changes.
|
But for traders looking to spread their risk among the best stocks in the group, saying goodbye to DDD stock and buying SSYS stock alongside peer Materialise NV (NASDAQ: MTLS ) is the better play for printing future profits. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bulls and a few likely unwitting bears helped print big gains Wednesday in 3D Systems (NYSE: DDD ) and Stratasys Ltd. (NASDAQ: SSYS ), courtesy of broker upgrades. A pair of Piper Jaffray upgrades to outperform from neutral for 3D manufacturing equities DDD stock and SSYS stock resulted in hefty gains of 6.33% and 8.03%, respectively, following the analyst Troy Jensen 's changes.
|
But for traders looking to spread their risk among the best stocks in the group, saying goodbye to DDD stock and buying SSYS stock alongside peer Materialise NV (NASDAQ: MTLS ) is the better play for printing future profits. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bulls and a few likely unwitting bears helped print big gains Wednesday in 3D Systems (NYSE: DDD ) and Stratasys Ltd. (NASDAQ: SSYS ), courtesy of broker upgrades. A pair of Piper Jaffray upgrades to outperform from neutral for 3D manufacturing equities DDD stock and SSYS stock resulted in hefty gains of 6.33% and 8.03%, respectively, following the analyst Troy Jensen 's changes.
|
a88cf92e-aa6c-4bc8-bda6-914054f9b990
|
716826.0
|
2019-01-29 00:00:00 UTC
|
Stratasys and 3D Systems Stocks Upgraded: Is a 3D Printing Rebound Coming?
|
DDD
|
https://www.nasdaq.com/articles/stratasys-and-3d-systems-stocks-upgraded-3d-printing-rebound-coming-2019-01-29
|
nan
|
nan
|
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking two high-profile Wall Street picks and putting them under the microscope...
It's been roughly three months since 3D printer companies Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) reported their respective results for Q3 2018. New numbers for Q4 should therefore be coming out any day now (even if we don't know exactly when ). Not content to wait for the news, however, this morning, analysts at investment bank Piper Jaffray upgraded them both.
Here's what you need to know.
Upgrading Stratasys
Piper upgraded shares of Stratasys from neutral to overweight in a note covered by TheFly.com , and raised its price target to $31 -- lighting the fuse and sending the stock soaring 12% in early Tuesday trading.
As the analyst explained, Wall Street's growth expectations for Stratasys over the next 12 months "are the best we've seen in several years." Furthermore, Piper notes that after surveying 3D printer resellers, it believes Q4 results will exceed expectations for both sales of 3D printers and sales of "high margin" 3D printing feedstock. On the latter, Piper further notes that Stratasys has begun selling "elastomer" materials for its printers, and this could accelerate the growth rate of the materials business.
And upgrading 3D Systems stock, too
These same comments apply, too, to Piper Jaffray's recommendation of 3D Systems. Once again, we're looking at an upgrade to overweight, albeit at a lower price target of $17.
StreetInsider.com (subscription required) has the details on this one (emphasis added): "While our Q4 reseller checks for 3D Systems reported another challenging quarter, we believe direct sales of production systems were strong in Q4." (And I'd further add that, because as a rule direct sales cut out the middleman, they're more likely to result in stronger profit margins for 3D Systems, mitigating the negative effect of weak sales via resellers.)
Piper likes 3D's "product positioning for 2019," says the analyst, and particularly its "launch of the Figure 4 platform (dental, stand-alone, modular and production) and a new metal 3D printer (DMP 350)," which Piper believes "should help reaccelerate product growth throughout 2019 and beyond." But more generally, the analyst notes that the "overall 3D printing demand [is] improving and" Piper is beginning to see signs of "the long-awaited move to production applications" -- as opposed to using 3D printers mainly to build prototypes in more limited quantities. This would logically entail greater sales of high-margin feedstock in tandem with greater output.
Choose one...or choose a different one?
Assuming you agree with Piper Jaffray's prediction that there's a resurgence in 3D printing demand coming 'round the bend -- but have limited funds with which to invest in it -- I would lean toward buying Stratasys over 3D Systems at this time. Here's why:
Neither of these two companies has been a barnburner for revenue growth recently, with 3D Systems' revenue up only about 3% (total) in the last three years, and Stratasys sales still below their level of three years ago. Also, neither company is currently profitable. Still, Stratasys is a bit less unprofitable than 3D Systems. Stratasys also boasts positive free cash flow of $41 million over the past 12 months, which gives it a price-to-free-cash-flow ratio of 29 -- not terribly expensive for a company projected to grow at an annualized rate of 30%.
But there's also a third option to consider: If it's "production applications" for 3D printers that really get Piper Jaffray excited, well, Belgium-based Materialise NV (NASDAQ: MTLS) is a 3D printing company laser-focused on 3D printing applications -- rather than hardware manufacture -- producing software to help printers work better, and providing manufacturing services as well.
Profitable where the other two companies are not, Materialise earned $0.10 per share over the past year, and according to data collected by S&P Global Market Intelligence , is expected to triple those profits over the next three years, to $0.32 per share by 2021. Materialize also has a better track record on growth, having seen its sales soar 89% over the past three difficult years for 3D printers, and going from a loss to a profit on the bottom line.
Granted, with a price-to-sales ratio of 3.9, Materialise costs about twice as much as either Stratasys or 3D Systems stock when valued on sales. Then again, with a proven record of sales growth, positive GAAP profits, and actual free cash flow superior to its reported net income, Materialise currently looks like a higher-quality company than Stratasys or 3D Systems -- albeit one with shares that cost quite a bit more.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of November 14, 2018
Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
It's been roughly three months since 3D printer companies Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) reported their respective results for Q3 2018. But more generally, the analyst notes that the "overall 3D printing demand [is] improving and" Piper is beginning to see signs of "the long-awaited move to production applications" -- as opposed to using 3D printers mainly to build prototypes in more limited quantities. Assuming you agree with Piper Jaffray's prediction that there's a resurgence in 3D printing demand coming 'round the bend -- but have limited funds with which to invest in it -- I would lean toward buying Stratasys over 3D Systems at this time.
|
It's been roughly three months since 3D printer companies Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) reported their respective results for Q3 2018. Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. Furthermore, Piper notes that after surveying 3D printer resellers, it believes Q4 results will exceed expectations for both sales of 3D printers and sales of "high margin" 3D printing feedstock.
|
It's been roughly three months since 3D printer companies Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) reported their respective results for Q3 2018. Upgrading Stratasys Piper upgraded shares of Stratasys from neutral to overweight in a note covered by TheFly.com , and raised its price target to $31 -- lighting the fuse and sending the stock soaring 12% in early Tuesday trading. And upgrading 3D Systems stock, too These same comments apply, too, to Piper Jaffray's recommendation of 3D Systems.
|
It's been roughly three months since 3D printer companies Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) reported their respective results for Q3 2018. Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. Furthermore, Piper notes that after surveying 3D printer resellers, it believes Q4 results will exceed expectations for both sales of 3D printers and sales of "high margin" 3D printing feedstock.
|
004e701b-a584-49eb-b11b-70246a654169
|
716827.0
|
2019-01-29 00:00:00 UTC
|
Why 3D Printing Stocks Jumped Today
|
DDD
|
https://www.nasdaq.com/articles/why-3d-printing-stocks-jumped-today-2019-01-29
|
nan
|
nan
|
What happened
Shares of 3D printing stocks surged higher in trading on Tuesday after an investment bank upgraded the two big players in the sector. 3D Systems (NYSE: DDD) jumped as much as 16.3%, and Stratasys (NASDAQ: SSYS) gained 13%. Interestingly, ExOne (NASDAQ: XONE) and Proto Labs (NYSE: PRLB) , which often trade in tandem with the big 3D printing stocks , were only up a few percentage points.
So what
Piper Jaffray upgraded both stocks from neutral to overweight and put a $17 price target on 3D Systems and a $19 price target on Stratasys. Oddly enough, the price target is a big increase from 3D Systems' $12.60 price as of this writing, but a steep drop from Stratasys' $24.75 price.
The upgrade comes just before fourth-quarter 2018 earnings begin to come out following a year of underwhelming results from the industry. You can see below that 3D Systems, Stratasys, and ExOne are all losing money, and the only one profitable today is Proto Labs, which offers 3D printing as a service.
SSYS Revenue (TTM) data by YCharts .
Now what
Analyst upgrades can often move stock prices over the short term, but in the long term, shares are driven by the financial performance of the underlying company. That's why I would be cautious jumping on a move like today's. If 3D printing stocks were being driven by a return to growth or a sharp rise in margins, that would be one thing, but that's not the reason for today's surge.
I am more concerned about the fundamentals of the 3D printing business heading into 2019 . Consumers have clearly not adopted the technology en masse and businesses have very slow adoption curves, leading to stagnant industry revenue. Worse yet, margins have been slipping over the past two years. That's why we're seeing the financial losses I pointed out above.
The investment thesis for 3D printing stocks hasn't changed today, despite the move in 3D Systems' and Stratasys' shares. There are a still a lot more questions than answers for the industry, and an analyst upgrade does nothing to give investors certainty that the future is getting brighter.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of November 14, 2018
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Proto Labs. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) jumped as much as 16.3%, and Stratasys (NASDAQ: SSYS) gained 13%. What happened Shares of 3D printing stocks surged higher in trading on Tuesday after an investment bank upgraded the two big players in the sector. Interestingly, ExOne (NASDAQ: XONE) and Proto Labs (NYSE: PRLB) , which often trade in tandem with the big 3D printing stocks , were only up a few percentage points.
|
3D Systems (NYSE: DDD) jumped as much as 16.3%, and Stratasys (NASDAQ: SSYS) gained 13%. The investment thesis for 3D printing stocks hasn't changed today, despite the move in 3D Systems' and Stratasys' shares. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.
|
3D Systems (NYSE: DDD) jumped as much as 16.3%, and Stratasys (NASDAQ: SSYS) gained 13%. So what Piper Jaffray upgraded both stocks from neutral to overweight and put a $17 price target on 3D Systems and a $19 price target on Stratasys. The investment thesis for 3D printing stocks hasn't changed today, despite the move in 3D Systems' and Stratasys' shares.
|
3D Systems (NYSE: DDD) jumped as much as 16.3%, and Stratasys (NASDAQ: SSYS) gained 13%. The investment thesis for 3D printing stocks hasn't changed today, despite the move in 3D Systems' and Stratasys' shares. * David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them!
|
5b581c96-e62f-4037-981c-578d6f4f04e0
|
716828.0
|
2019-01-22 00:00:00 UTC
|
The Best 3D Printing Stock for 2019 and Beyond
|
DDD
|
https://www.nasdaq.com/articles/best-3d-printing-stock-2019-and-beyond-2019-01-22
|
nan
|
nan
|
As a group, 3D printing stocks beat the overall market last year, and are also outperforming so far in 2019. This is a big change from the longer-term story, as these stocks largely got clobbered in the few years following their huge price run-ups in 2012 and 2013.
While there will likely be more volatility ahead in this space, long-term growth projections for the 3D printing sector remain attractive. The technology is widely expected to disrupt -- or continue to disrupt -- the traditional manufacturing sector, as 3D printers get faster and material availability expands.
So which is the best 3D printing stock?
3D printing stocks
There are four stocks that we could consider "3D printing stocks" that have market caps greater than $200 million and trade on a U.S. stock exchange. All except Proto Labs are pure plays on 3D printing.
Data sources: Yahoo! Finance and YCharts. Data to Jan. 18, 2019. *P/E = price-to-earnings ratio. ** EPS = earnings per share. ***Longest possible whole-year comparison period because Materialise has only traded since June 2014. Returns that have beaten the broader market are boldfaced.
Proto Labs and Materialise are currently profitable on a trailing-12-month basis, while 3D Systems and Stratasys are not.
Proto Labs: The best 3D printing stock
Proto Labs is a technology-enabled, quick-turn manufacturing service provider. It was founded in 1999 and went public in April 2012. The Minnesota-based company uses both traditional manufacturing techniques and 3D printing to produce custom plastic and metal prototypes and short-production-run parts. It services a wide variety of customers operating in the United States, Europe, and Japan.
Along with a reputation for doing quality work and being very customer-focused, Proto Labs' biggest competitive advantage is its turnaround speed. The company's speedy services help its customers develop new products faster -- which means they can bring them to market more quickly.
Proto Labs is not a pure play on 3D printing, which could be a benefit if the technology doesn't grow as fast as expected. The following chart shows its revenue breakdown by service segment for the first three quarters of 2018.
Data source: Proto Labs. YOY = year over year. *New category stemming from the acquisition of Rapid Manufacturing in Dec. 2017.
Proto Labs has been posting strong financial results. In the third quarter , revenue and earnings per share (EPS) jumped 31% and 57%, respectively, year over year. EPS adjusted for one-time items rose 54%. The company has beaten Wall Street's consensus earnings estimate in all three reported quarters of 2018, suggesting that it could grow earnings over the next five years faster than the 20% average annual rate the Street is expecting.
Materialise: The runner-up for best 3D printing stock
Belgian-based Materialise provides 3D printing software and on-demand 3D printing services. It has a good-sized medical business, which spans both services and software, though also has customers across various other industries.
Like Proto Labs, it doesn't manufacture 3D printers, as do the largest 3D printing pure plays, 3D Systems and Stratasys. This can be an advantage for several reasons, including that the 3D printer business has become ultra competitive in recent years with the entrance into the market of deep-pocketed HP , well-funded start-up Carbon, and others.
Other things to like about Materialise include:
It's run by founder Wilfried Vancraen. Studies suggest that stocks of companies led by founders outperform in the market.
Its sizable software business sports juicy margins.
Its sky-high valuation -- it has a forward price-to-earnings ratio of 104 -- means Materialise stock is only worth considering if you're an investor comfortable with considerable risk.
What about 3D Systems and Stratasys?
3D Systems and Stratasys both have some top intellectual property and have been developing compelling new technologies. However, their respective management teams need to demonstrate they can execute better. To be fair, there have been a lot of top management changes in both companies over the last several years, so the executives who fumbled on execution are mostly no longer around. (Note that Stratasys doesn't currently have a permanent CEO.)
Proto Labs has been executing well with the same top management team that has been in place for several years. Vicki Holt has been CEO for five years, and CFO John Way had held the top financial spot for four years. Both have garnered various professional honors, with Way recently named the 2018 CFO of the Year by the Minneapolis/St. Paul Business Journal .
Investors will be getting material news about Proto Labs soon: The company is scheduled to report Q4 and full-year 2018 results before the market open on Thursday, Feb. 7.
10 stocks we like better than Proto Labs
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Proto Labs wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of November 14, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Proto Labs. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The Minnesota-based company uses both traditional manufacturing techniques and 3D printing to produce custom plastic and metal prototypes and short-production-run parts. This can be an advantage for several reasons, including that the 3D printer business has become ultra competitive in recent years with the entrance into the market of deep-pocketed HP , well-funded start-up Carbon, and others. Its sky-high valuation -- it has a forward price-to-earnings ratio of 104 -- means Materialise stock is only worth considering if you're an investor comfortable with considerable risk.
|
The technology is widely expected to disrupt -- or continue to disrupt -- the traditional manufacturing sector, as 3D printers get faster and material availability expands. Proto Labs: The best 3D printing stock Proto Labs is a technology-enabled, quick-turn manufacturing service provider. Materialise: The runner-up for best 3D printing stock Belgian-based Materialise provides 3D printing software and on-demand 3D printing services.
|
3D printing stocks There are four stocks that we could consider "3D printing stocks" that have market caps greater than $200 million and trade on a U.S. stock exchange. Proto Labs: The best 3D printing stock Proto Labs is a technology-enabled, quick-turn manufacturing service provider. Materialise: The runner-up for best 3D printing stock Belgian-based Materialise provides 3D printing software and on-demand 3D printing services.
|
So which is the best 3D printing stock? Proto Labs: The best 3D printing stock Proto Labs is a technology-enabled, quick-turn manufacturing service provider. In the third quarter , revenue and earnings per share (EPS) jumped 31% and 57%, respectively, year over year.
|
3562e483-a7c8-4d58-b9eb-d3b46e3ff64b
|
716829.0
|
2019-01-14 00:00:00 UTC
|
Why 3D Systems Shares Plunged 17.9% in December
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-shares-plunged-179-december-2019-01-14
|
nan
|
nan
|
What happened
Shares of 3D Systems (NYSE: DDD) fell 17.9% in December, according to data provided by S&P Global Market Intelligence , ending a turbulent year for the stock. As volatile as the stock was, it still outperformed the market by a wide margin last year, although the last few months haven't gone as planned.
DDD data by YCharts
So what
The overall stock market fell nearly 10% in December, which pulled stocks like 3D Systems lower. The market dropped because of a variety of factors that could affect the company in the next year. Interest rates continue to climb as the Federal Reserve works to deal with nearly full employment and climb off historically low rates. There are indications that China's economy is slowing, and the U.S. has been mixed, raising fears that a recession could be around the corner.
3D Systems has been losing money, and revenue has been stagnant even with a good economy, so any kind of slowdown would be terrible for operations. This is just another factor investors have to consider when looking for reasons to buy into a recovery in the 3D printing stock .
Now what
While there wasn't any specific news out about 3D Systems last month, the economic situation is troubling. China and the U.S. drive the global economy, and any recession in either country would have a big impact on business. And in a producer of industrial equipment that's easily deferred in weak economic conditions, we may see financial conditions deteriorate even further if 2019 has a recession in store.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of November 14, 2018
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D Systems (NYSE: DDD) fell 17.9% in December, according to data provided by S&P Global Market Intelligence , ending a turbulent year for the stock. DDD data by YCharts So what The overall stock market fell nearly 10% in December, which pulled stocks like 3D Systems lower. As volatile as the stock was, it still outperformed the market by a wide margin last year, although the last few months haven't gone as planned.
|
DDD data by YCharts So what The overall stock market fell nearly 10% in December, which pulled stocks like 3D Systems lower. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of 3D Systems (NYSE: DDD) fell 17.9% in December, according to data provided by S&P Global Market Intelligence , ending a turbulent year for the stock.
|
What happened Shares of 3D Systems (NYSE: DDD) fell 17.9% in December, according to data provided by S&P Global Market Intelligence , ending a turbulent year for the stock. DDD data by YCharts So what The overall stock market fell nearly 10% in December, which pulled stocks like 3D Systems lower. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
|
What happened Shares of 3D Systems (NYSE: DDD) fell 17.9% in December, according to data provided by S&P Global Market Intelligence , ending a turbulent year for the stock. DDD data by YCharts So what The overall stock market fell nearly 10% in December, which pulled stocks like 3D Systems lower. As volatile as the stock was, it still outperformed the market by a wide margin last year, although the last few months haven't gone as planned.
|
c6ea27ec-6098-4438-a797-65b0b9739bf3
|
716830.0
|
2018-12-17 00:00:00 UTC
|
Noteworthy Monday Option Activity: DDD, PUMP, MSFT
|
DDD
|
https://www.nasdaq.com/articles/noteworthy-monday-option-activity-ddd-pump-msft-2018-12-17
|
nan
|
nan
|
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3D Systems Corp. (Symbol: DDD), where a total volume of 5,851 contracts has been traded thus far today, a contract volume which is representative of approximately 585,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of DDD's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $21 strike call option expiring January 18, 2019 , with 3,000 contracts trading so far today, representing approximately 300,000 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $21 strike highlighted in orange:
ProPetro Holding Corp (Symbol: PUMP) options are showing a volume of 5,674 contracts thus far today. That number of contracts represents approximately 567,400 underlying shares, working out to a sizeable 42.1% of PUMP's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $17.50 strike call option expiring March 15, 2019 , with 2,781 contracts trading so far today, representing approximately 278,100 underlying shares of PUMP. Below is a chart showing PUMP's trailing twelve month trading history, with the $17.50 strike highlighted in orange:
And Microsoft Corporation (Symbol: MSFT) saw options trading volume of 157,803 contracts, representing approximately 15.8 million underlying shares or approximately 41.3% of MSFT's average daily trading volume over the past month, of 38.2 million shares. Especially high volume was seen for the $110 strike call option expiring January 18, 2019 , with 11,853 contracts trading so far today, representing approximately 1.2 million underlying shares of MSFT. Below is a chart showing MSFT's trailing twelve month trading history, with the $110 strike highlighted in orange:
For the various different available expirations for DDD options , PUMP options , or MSFT options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Especially high volume was seen for the $21 strike call option expiring January 18, 2019 , with 3,000 contracts trading so far today, representing approximately 300,000 underlying shares of DDD. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3D Systems Corp. (Symbol: DDD), where a total volume of 5,851 contracts has been traded thus far today, a contract volume which is representative of approximately 585,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of DDD's average daily trading volume over the past month, of 1.3 million shares.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $21 strike highlighted in orange: ProPetro Holding Corp (Symbol: PUMP) options are showing a volume of 5,674 contracts thus far today. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3D Systems Corp. (Symbol: DDD), where a total volume of 5,851 contracts has been traded thus far today, a contract volume which is representative of approximately 585,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of DDD's average daily trading volume over the past month, of 1.3 million shares.
|
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3D Systems Corp. (Symbol: DDD), where a total volume of 5,851 contracts has been traded thus far today, a contract volume which is representative of approximately 585,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of DDD's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $21 strike call option expiring January 18, 2019 , with 3,000 contracts trading so far today, representing approximately 300,000 underlying shares of DDD.
|
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 3D Systems Corp. (Symbol: DDD), where a total volume of 5,851 contracts has been traded thus far today, a contract volume which is representative of approximately 585,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of DDD's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $21 strike call option expiring January 18, 2019 , with 3,000 contracts trading so far today, representing approximately 300,000 underlying shares of DDD.
|
1cc1981d-90fc-4139-9258-07e6d2d800d9
|
716831.0
|
2018-12-14 00:00:00 UTC
|
3D Systems is Now Oversold
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-now-oversold-2018-12-14
|
nan
|
nan
|
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Friday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $10.60 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 40.6. A bullish investor could look at DDD's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDD shares:
Looking at the chart above, DDD's low point in its 52 week range is $8.53 per share, with $21.78 as the 52 week high point - that compares with a last trade of $10.63.
Find out what 9 other oversold stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Friday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $10.60 per share. A bullish investor could look at DDD's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $8.53 per share, with $21.78 as the 52 week high point - that compares with a last trade of $10.63.
|
The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $8.53 per share, with $21.78 as the 52 week high point - that compares with a last trade of $10.63. In trading on Friday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $10.60 per share. A bullish investor could look at DDD's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
|
In trading on Friday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $10.60 per share. The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $8.53 per share, with $21.78 as the 52 week high point - that compares with a last trade of $10.63. A bullish investor could look at DDD's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
|
In trading on Friday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $10.60 per share. A bullish investor could look at DDD's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $8.53 per share, with $21.78 as the 52 week high point - that compares with a last trade of $10.63.
|
dd5b94ee-2fbf-47f4-b8f7-b4a5c3761da5
|
716832.0
|
2018-11-29 00:00:00 UTC
|
3D Systems (DDD) Up 3.6% Since Last Earnings Report: Can It Continue?
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-up-3.6-since-last-earnings-report%3A-can-it-continue-2018-11-29
|
nan
|
nan
|
A month has gone by since the last earnings report for 3D Systems (DDD). Shares have added about 3.6% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is 3D Systems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
3D Systems' Q3 Earnings Meet Estimates
3D Systems third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate. The company incurred a loss of 20 cents in the year-ago quarter.
This 3D printer maker reported revenues of $164.5 million in the quarter, reflecting a year-over-year increase of 8%. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line. However, revenues missed the Zacks Consensus Estimate of $170 million.
Positive reception of new products was a tailwind in the quarter. Moreover, the potential launch of products in 2019 makes management optimistic.
Quarter Details
3D Systems' Healthcare revenues were up 14% to $53.1 million year over year, driven by growth across all categories. The company began shipping NextDent 5100 printers during the quarter.
However, the company's on-demand manufacturing revenues fell 3% to $26.3 million due to change in sales approach, which was undertaken during the quarter. Management notes that this is likely to remain an overhang in the fourth quarter.
Software revenues increased 8% year over year to $22.9 million. Material revenues jumped 2% to $40.3 million.
Printer revenues climbed 17% to $34.5 million. Meanwhile, printer unit sales surged 93%.
In the reported quarter, GAAP gross margin expanded 900 basis points on a year-over-year basis to 47.3%, driven by supply chain cost optimization initiatives.
In the third quarter, the company's non-GAAP operating expenses decreased 3% to $73.7 million. Notably, the company' non-GAAP SG&A and R&D expenses decreased 1% and 6% to $50.8 million and $22.8 million, respectively.
Cash Flow and Balance Sheet
3D Systems ended the third quarter with cash and cash equivalents of $92.1 million, down from $119.3 million in the previous quarter. The company used $2.9 million of cash in operational activities against $10.7 million of cash generated a quarter ago.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in fresh estimates. The consensus estimate has shifted -50% due to these changes.
VGM Scores
Currently, 3D Systems has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, 3D Systems has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
A month has gone by since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
|
A month has gone by since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems' Q3 Earnings Meet Estimates 3D Systems third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate.
|
A month has gone by since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems' Q3 Earnings Meet Estimates 3D Systems third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate.
|
A month has gone by since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems' Q3 Earnings Meet Estimates 3D Systems third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate.
|
14297e03-b29b-4d5c-8341-b8390e5c6e85
|
716833.0
|
2018-11-15 00:00:00 UTC
|
3D Systems Boosts Metal 3D Printing With DMP 350 Printers
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-boosts-metal-3d-printing-with-dmp-350-printers-2018-11-15
|
nan
|
nan
|
3D SystemsDDD recently made some additions to its portfolio of DMP metal printers. The DMP Flex 350 and DMP Factory 350 were launched to further assist customers in their manufacturing transformation journey.
The DMP Flex 350 boasts up to 15% improved print productivity and quicker time to market at a lower cost compared to its predecessor ProX DMP 320 metal 3D printer. The DMP Flex 350 can be upgraded to a more enhanced printer - the DMP Factory 350 - as required by the factory.
The printers are expected to hit the market toward the end of the year.
Efforts in 3D Printing
With the 3D printing industry booming, the company's focus on this market presents a favorable long-term opportunity. The company is enabling 3D production through digital design and manufacturing workflows, technology advancements and materials innovation, and application engineering expertise.
As a matter of fact, majority of 3D Systems customers are shifting from prototyping to end use production, using 3D printing technology.
Per data from a 2017 MarketsandMarkets report, the worldwide 3D printing industry is expected to witness a CAGR of 25.76% from 2017 to 2023 and reach $32.78 billion. Furthermore, per Gartner, the global 3D printing market is projected to be worth $17.7 billion by 2020.
The company believes that it is well positioned to aid customers in the transformation. Notably, it recently unveiled ProJet MJP 2500 IC, a new 3D printing solution ideal for customized metal bridge manufacturing and low volume production of metal cast components. The company also began shipping NextDent 5100 printers during the last reported quarter.
Earlier this year, the company unveiled four new materials optimized for producing precision metal parts. Also, it has begun bundling the innovative 3DXpert software with all direct metal printers.
The company believes metal technology and Figure 4, combined with the advanced materials and software innovation such as 3D Sprint and 3DXpert, will eventually help customers shift from prototyping to production. This can unlock multiple profitable growth opportunities for it.
All these efforts are paying off as reflected in the growing demand for its printers, which drove a 17% year-over-year jump in printer revenues and 93% surge in printer unit sales in the last reported quarter.
3D Systems Corporation Revenue (TTM)
3D Systems Corporation Revenue (TTM) | 3D Systems Corporation Quote
Competition Remains a Concern
With the robust growth opportunities being offered by this market, the competitive environment is getting more intense as 3D System's peers continue to make their own moves to up their game in this business.
Printing giant HP HPQ is forging ahead into the 3D printing market with new Jet Fusion 3D printers and key partnerships, and looks well positioned to challenge 3D Systems' leadership.
The company also faces significant competition from Stratasys SSYS , which is currently developing a platform for short-run metal applications, and voxeljet VJET , which recently launched new speciality materials for its High Speed Sintering line of 3D printers.
Nonetheless, 3D System's long documented expertise in this field combined with constant improvement strategies and innovative product launches should help maintain its stronghold.
3D Systems currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
voxeljet AG (VJET): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D SystemsDDD recently made some additions to its portfolio of DMP metal printers. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. The company believes metal technology and Figure 4, combined with the advanced materials and software innovation such as 3D Sprint and 3DXpert, will eventually help customers shift from prototyping to production.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. 3D SystemsDDD recently made some additions to its portfolio of DMP metal printers. The company believes metal technology and Figure 4, combined with the advanced materials and software innovation such as 3D Sprint and 3DXpert, will eventually help customers shift from prototyping to production.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. 3D SystemsDDD recently made some additions to its portfolio of DMP metal printers. The DMP Flex 350 boasts up to 15% improved print productivity and quicker time to market at a lower cost compared to its predecessor ProX DMP 320 metal 3D printer.
|
3D SystemsDDD recently made some additions to its portfolio of DMP metal printers. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. The company believes metal technology and Figure 4, combined with the advanced materials and software innovation such as 3D Sprint and 3DXpert, will eventually help customers shift from prototyping to production.
|
c5ca32fa-4cfd-46da-97de-1dbc1737e41d
|
716834.0
|
2018-11-12 00:00:00 UTC
|
Why Stratasys Stock Dropped 18% in October -- and Why It's Up 25% in November Already
|
DDD
|
https://www.nasdaq.com/articles/why-stratasys-stock-dropped-18-october-and-why-its-25-november-already-2018-11-12
|
nan
|
nan
|
What happened
Shares of Stratasys (NASDAQ: SSYS) declined 17.5% in October, according to data from S&P Global Market Intelligence . However, they're already up 24.7% in November, through Friday. In 2018, they've gained 19%.
For context, shares of main rival 3D Systems (NYSE: DDD) plunged 36.1% in October, are up 6% so far this month, and have jumped 48.2% this year. The S&P 500 fell 6.8% last month, has returned 2.7% this month, and has returned 5.4% so far this year, through Friday.
So what
Stratasys didn't release any negative news last month, nor did any notable negative news about it come out. So we can largely attribute Stratasys stock's subpar performance in October to the general tough market conditions. The S&P 500 declined 6.8%, with many stocks in the technology realm suffering worse losses.
It's also likely that 3D Systems is partially to blame. On Oct. 31, Stratasys stock declined 5.2% and 3D Systems stock plunged 28.8% after 3D Systems released third-quarter earnings the afternoon before that were worse than Wall Street and many investors were expecting. Some investors likely feared that 3D Systems' weak results didn't bode well for Stratasys' results.
As it turned out, their fears were largely unfounded. On Nov. 1, Stratasys released third-quarter results that, while far from strong, at least beat the Street's expectations on the bottom line. In the quarter, revenue increased nearly 4% year over year, GAAP loss per share narrowed significantly, and earnings per share (EPS) adjusted for one-time items jumped 38%.
Here's the year-to-date 2018 picture for Stratasys stock for folks (like me) who like to see stock charts.
Data by YCharts.
Now what
At this point, there's no good reason for investors to change whatever investing course they've chosen with respect to Stratasys stock. As I concluded in my Stratasys earnings article:
10 stocks we like better than Stratasys
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
For context, shares of main rival 3D Systems (NYSE: DDD) plunged 36.1% in October, are up 6% so far this month, and have jumped 48.2% this year. What happened Shares of Stratasys (NASDAQ: SSYS) declined 17.5% in October, according to data from S&P Global Market Intelligence . So we can largely attribute Stratasys stock's subpar performance in October to the general tough market conditions.
|
For context, shares of main rival 3D Systems (NYSE: DDD) plunged 36.1% in October, are up 6% so far this month, and have jumped 48.2% this year. So what Stratasys didn't release any negative news last month, nor did any notable negative news about it come out. On Oct. 31, Stratasys stock declined 5.2% and 3D Systems stock plunged 28.8% after 3D Systems released third-quarter earnings the afternoon before that were worse than Wall Street and many investors were expecting.
|
For context, shares of main rival 3D Systems (NYSE: DDD) plunged 36.1% in October, are up 6% so far this month, and have jumped 48.2% this year. On Oct. 31, Stratasys stock declined 5.2% and 3D Systems stock plunged 28.8% after 3D Systems released third-quarter earnings the afternoon before that were worse than Wall Street and many investors were expecting. Here's the year-to-date 2018 picture for Stratasys stock for folks (like me) who like to see stock charts.
|
For context, shares of main rival 3D Systems (NYSE: DDD) plunged 36.1% in October, are up 6% so far this month, and have jumped 48.2% this year. The S&P 500 fell 6.8% last month, has returned 2.7% this month, and has returned 5.4% so far this year, through Friday. On Oct. 31, Stratasys stock declined 5.2% and 3D Systems stock plunged 28.8% after 3D Systems released third-quarter earnings the afternoon before that were worse than Wall Street and many investors were expecting.
|
ced11a0a-3322-4eef-b5d8-b10735d9aac6
|
716835.0
|
2018-11-05 00:00:00 UTC
|
Why 3D Systems Stock Plunged 36% in October
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-stock-plunged-36-october-2018-11-05
|
nan
|
nan
|
What happened
Shares of 3D Systems (NYSE: DDD) plummeted 36.1% in October, according to data from S&P Global Market Intelligence . Despite the big drop, the 3D printing company's stock has still gained 49.7% in 2018, through Friday, Nov. 2.
For context, shares of main rival Stratasys declined 17.5% in October and are up 20.8% so far in 2018. The S&P 500 fell 6.8% last month and has returned 3.5% so far this year.
So what
We can attribute 3D Systems stock's poor October performance to the company's release of third-quarter 2018 revenue and earnings results on Oct. 30 that were worse than Wall Street and many investors were expecting. Cash from operations coming in negative also probably weighed on the stock.
For the quarter, 3D Systems' revenue increased 7.6% year over year to $164.5 million, representing a deceleration of growth from the second quarter, when revenue grew 10.7% year over year. On a GAAP basis, the company's loss per share narrowed to $0.10, from $0.34, and, on an adjusted basis, it posted earnings per share (EPS) of $0.02, versus a loss per share of $0.20 in the third quarter of 2017.
Wall Street analysts had been looking for adjusted EPS of $0.03 on revenue of $171.9 million.
Data by YCharts.
Now what
It's not surprising that 3D Systems stock took a big hit last month. It ran up too far, too fast in 2018, particularly after second-quarter results were released. Granted, there have been some encouraging signs, but it was much too early for the unrestrained giddiness with which the market reacted after Q2 results were released. (Though some of the stock's big rise at that time was surely due to covering by short sellers, as there is a high short interest on this stock. About 22% of outstanding shares were sold short, as of Oct. 15.) The company's successful turnaround will depend on it being able to profitably grow revenue and generate cash from operations.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 36.1% in October, according to data from S&P Global Market Intelligence . So what We can attribute 3D Systems stock's poor October performance to the company's release of third-quarter 2018 revenue and earnings results on Oct. 30 that were worse than Wall Street and many investors were expecting. Granted, there have been some encouraging signs, but it was much too early for the unrestrained giddiness with which the market reacted after Q2 results were released.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 36.1% in October, according to data from S&P Global Market Intelligence . So what We can attribute 3D Systems stock's poor October performance to the company's release of third-quarter 2018 revenue and earnings results on Oct. 30 that were worse than Wall Street and many investors were expecting. For the quarter, 3D Systems' revenue increased 7.6% year over year to $164.5 million, representing a deceleration of growth from the second quarter, when revenue grew 10.7% year over year.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 36.1% in October, according to data from S&P Global Market Intelligence . So what We can attribute 3D Systems stock's poor October performance to the company's release of third-quarter 2018 revenue and earnings results on Oct. 30 that were worse than Wall Street and many investors were expecting. For the quarter, 3D Systems' revenue increased 7.6% year over year to $164.5 million, representing a deceleration of growth from the second quarter, when revenue grew 10.7% year over year.
|
What happened Shares of 3D Systems (NYSE: DDD) plummeted 36.1% in October, according to data from S&P Global Market Intelligence . The S&P 500 fell 6.8% last month and has returned 3.5% so far this year. So what We can attribute 3D Systems stock's poor October performance to the company's release of third-quarter 2018 revenue and earnings results on Oct. 30 that were worse than Wall Street and many investors were expecting.
|
da30050b-4dae-4019-abec-4ab783419413
|
716836.0
|
2018-11-02 00:00:00 UTC
|
Violent Moves In 3D Printing Stocks Underscore Why Valuation Matters
|
DDD
|
https://www.nasdaq.com/articles/violent-moves-3d-printing-stocks-underscore-why-valuation-matters-2018-11-02
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
In the 3D printing world this week, it was a tale of two cities. On one hand, you had 3D Systems (NYSE: DDD ). The 3D printing company missed quarterly revenue and earnings estimates while implying a weak guide. DDD stock dropped nearly 30%. On the other hand, you had Stratasys (NASDAQ: SSYS ). That 3D printing company beat quarterly revenue and earnings estimate while delivering an above-consensus guide. SSYS stock popped by 20%.
Why the big divergence? Is Stratasys dominating 3D systems in a resurgent 3D printing industry? No. The divergence is due entirely to valuation and expectations. Quite simply, DDD stock had rallied big over the past year and run up to unreasonable valuations. SSYS stock had done neither of those. Thus, even those these two companies reported nearly identical numbers with single-digit revenue growth and margin improvements, those numbers boosted SSYS stock and tanked DDD stock.
What's the next move? Broadly speaking, the 3D printing industry is not entering some renaissance period. DDD stock was acting like that. Now, it's correcting downward. By the same token, the 3D printing industry isn't dying, either. SSYS stock was acting like that. Now, it's correcting upward.
7 Canadian Stocks to Buy Now (And Only 2 Are Pot Stocks)
These corrections seem mostly over. Both SSYS and DDD stock now trade at historically normal and comparable valuations. Thus, from current levels, these stocks should work.
The 3D Printing Industry Isn't Booming, But It Isn't Dying, Either
The 3D printing industry has gone boom and bust once before. But, that won't happen again. Instead, the 3D printing industry going forward is one defined by stable and garden-variety growth.
The first boom and bust happened back in 2013. Back then, 3D printing stocks were rallying on the idea that 3D printers were the next big consumer technology. The assumption was that 3D printers were the natural upgrade from 2D printers and that, over time, every 2D printer would eventually be a 3D printer.
That never happened. Consumers didn't buy 3D printers en masse, and the whole industry went bust.
There have been murmurs time and time again that the 3D printing industry is ready for another boom. As it turns out, 3D printing has promising professional enterprise applications across various industries, like aerospace, automotive, medical, retail, military/defense and other professional services. Growth through enterprise markets was supposed to reinvigorate growth back to 2013 highs.
But recent quarterly numbers imply that isn't the case. Granted, enterprise demand is reinvigorating revenue growth. Not back to 2013 highs, however. Revenue growth last quarter was 8% at 3D Systems and 4% at Stratasys. Those are garden-variety growth rates.
They should remain that way for the foreseeable future. The truth is that enterprise demand will continue to grow, but it will grow at a slow rate. In the big picture, the enterprise applications of 3D printing are rather narrow in scope, and businesses are in no rush to rapidly up spend on 3D printer products and services. As such, growth should remain stable but mild over the next few years.
Thus, the 3D printing industry isn't booming. It isn't dying, either. Instead, it is simply growing at a gradual rate and will continue to grow at a gradual rate for the foreseeable future.
3D Printing Stocks Should Work Once Valuation Is Reasonable
Some investors believed the 3D printing renaissance hype. Others didn't. The ones who did piled into DDD stock, which had reported a robust double beat quarter in August that implied a boom could be coming. Those who didn't believe the hype sold SSYS stock, which didn't have the same growth numbers as 3D systems to support this 3D printing renaissance theory.
Net result? Year-to-date, heading into their Q3 prints, DDD stock and SSYS stock had diverged dramatically. DDD stock had rallied nearly 100% and was trading at 2.8X trailing sales. SSYS stock had dropped 5% and was trading at 1.5X trailing sales.
For context, these two stocks usually mirror each other and trade at comparable valuations. Every once in a while, DDD stock pops and trades at a markedly bigger valuation. But, those periods of euphoria always end with DDD stock dropping back to SSYS valuation levels.
That is exactly what is happening now. SSYS and DDD reported very comparable numbers. Only DDD stock dropped and SSYS stock popped. Now, both stocks trade around the same valuation, with DDD stock trading at 1.9X trailing sales and SSYS trading at 1.8X trailing sales.
These levels seem fair. Over the past three years, a 1.8 sales multiple has acted as a baseline for 3D printing stocks. Dips below it have been buying opportunities. Rallies way above it have been selling opportunities.
The current fundamentals are better than they have been. Revenue growth is improving at both DDD and SSYS, as are margins. Thus, these stocks deserve to trade above the historical baseline sales multiple of 1.8.
With both stocks currently trading around that level, I think both DDD and SSYS will work from here. I don't expect huge gains. But, I do think SSYS stock will continue to rally, while DDD stock could have a near-term bounce back.
Bottom Line on 3D Printing Stocks
Whenever 3D printing stocks are priced as if another boom is going to happen, sell and get out of the way. Likewise, whenever these stocks are priced as if another bust is going to happen, buy and wait for the rally.
The reality is the boom-bust nature that has historically defined 3D printing, no longer defines it today. Instead, this is a stable and mild growth industry, so big dips should be bought and big rallies should be faded.
As of this writing, Luke Lango did not hold a position in any of the aforementioned securities.
More From InvestorPlace
2 Toxic Pot Stocks You Should Avoid
7 Canadian Stocks to Buy Now (And Only 2 Are Pot Stocks)
5 Stocks to Sell In November Amid Elections and Earnings
3 Retail Stocks to Buy Despite All the Fearmongering
Compare Brokers
The post Violent Moves In 3D Printing Stocks Underscore Why Valuation Matters appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The ones who did piled into DDD stock, which had reported a robust double beat quarter in August that implied a boom could be coming. But, those periods of euphoria always end with DDD stock dropping back to SSYS valuation levels. On one hand, you had 3D Systems (NYSE: DDD ).
|
Thus, even those these two companies reported nearly identical numbers with single-digit revenue growth and margin improvements, those numbers boosted SSYS stock and tanked DDD stock. Now, both stocks trade around the same valuation, with DDD stock trading at 1.9X trailing sales and SSYS trading at 1.8X trailing sales. On one hand, you had 3D Systems (NYSE: DDD ).
|
Now, both stocks trade around the same valuation, with DDD stock trading at 1.9X trailing sales and SSYS trading at 1.8X trailing sales. On one hand, you had 3D Systems (NYSE: DDD ). DDD stock dropped nearly 30%.
|
But, those periods of euphoria always end with DDD stock dropping back to SSYS valuation levels. With both stocks currently trading around that level, I think both DDD and SSYS will work from here. On one hand, you had 3D Systems (NYSE: DDD ).
|
972cf0aa-6760-477a-9189-429b44fc44b6
|
716837.0
|
2018-11-01 00:00:00 UTC
|
Why Stratasys Ltd's Shares Popped 26.5% Today
|
DDD
|
https://www.nasdaq.com/articles/why-stratasys-ltds-shares-popped-265-today-2018-11-01
|
nan
|
nan
|
What happened
Shares of 3D printing company Stratasys Ltd (NASDAQ: SSYS) jumped as much as 26.5% in trading Thursday after reporting third-quarter financial results. Shares drifted a bit lower as the day went on but were still up 19.2% at 12:20 p.m. EDT.
So what
Revenue was up 3.9% to $162.0 million, and net loss was $0.7 million, or $0.01 per share, an improvement from a $10.2 million loss a year ago. On a non-GAAP basis, earnings were $5.7 million, or $0.11 per share.
Revenue was in line with estimates, but non-GAAP earnings easily beat the $0.06 that analysts were expecting. What really had investors excited was management's revised non-GAAP net earnings guidance for the year of $27 million to $30 million, up from a previous estimate of $16 million to $27 million.
The growth and earnings beat was in stark contrast to competitor 3D Systems (NYSE: DDD) , which saw shares plunge earlier this week on weaker-than-expected results . The biggest difference between the two is that Stratasys is inching toward profitability more quickly than 3D Systems is.
Now what
The fact that revenue and earnings are both improving at a rapid rate is a strong sign for Stratasys. And management's confidence to raise guidance is icing on the cake. Investors should watch for continued growth and net income improvement, but right now, it appears Stratasys is turning a critical corner back to long-term profitability.
10 stocks we like better than Stratasys
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The growth and earnings beat was in stark contrast to competitor 3D Systems (NYSE: DDD) , which saw shares plunge earlier this week on weaker-than-expected results . What happened Shares of 3D printing company Stratasys Ltd (NASDAQ: SSYS) jumped as much as 26.5% in trading Thursday after reporting third-quarter financial results. Investors should watch for continued growth and net income improvement, but right now, it appears Stratasys is turning a critical corner back to long-term profitability.
|
The growth and earnings beat was in stark contrast to competitor 3D Systems (NYSE: DDD) , which saw shares plunge earlier this week on weaker-than-expected results . So what Revenue was up 3.9% to $162.0 million, and net loss was $0.7 million, or $0.01 per share, an improvement from a $10.2 million loss a year ago. What really had investors excited was management's revised non-GAAP net earnings guidance for the year of $27 million to $30 million, up from a previous estimate of $16 million to $27 million.
|
The growth and earnings beat was in stark contrast to competitor 3D Systems (NYSE: DDD) , which saw shares plunge earlier this week on weaker-than-expected results . So what Revenue was up 3.9% to $162.0 million, and net loss was $0.7 million, or $0.01 per share, an improvement from a $10.2 million loss a year ago. What really had investors excited was management's revised non-GAAP net earnings guidance for the year of $27 million to $30 million, up from a previous estimate of $16 million to $27 million.
|
The growth and earnings beat was in stark contrast to competitor 3D Systems (NYSE: DDD) , which saw shares plunge earlier this week on weaker-than-expected results . Revenue was in line with estimates, but non-GAAP earnings easily beat the $0.06 that analysts were expecting. What really had investors excited was management's revised non-GAAP net earnings guidance for the year of $27 million to $30 million, up from a previous estimate of $16 million to $27 million.
|
3bfdaedc-b906-4a8b-aae9-66c24c83f590
|
716838.0
|
2018-11-01 00:00:00 UTC
|
December 14th Options Now Available For 3D Systems (DDD)
|
DDD
|
https://www.nasdaq.com/articles/december-14th-options-now-available-3d-systems-ddd-2018-11-01
|
nan
|
nan
|
Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the December 14th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new December 14th contracts and identified one put and one call contract of particular interest.
The put contract at the $9.00 strike price has a current bid of 5 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $9.00, but will also collect the premium, putting the cost basis of the shares at $8.95 (before broker commissions). To an investor already interested in purchasing shares of DDD, that could represent an attractive alternative to paying $11.44/share today.
Because the $9.00 strike represents an approximate 21% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 85%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 0.56% return on the cash commitment, or 4.71% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for 3D Systems Corp. , and highlighting in green where the $9.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $13.00 strike price has a current bid of 7 cents. If an investor was to purchase shares of DDD stock at the current price level of $11.44/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $13.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 14.25% if the stock gets called away at the December 14th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $13.00 strike highlighted in red:
Considering the fact that the $13.00 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 63%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.61% boost of extra return to the investor, or 5.19% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 263%, while the implied volatility in the call contract example is 219%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $11.44) to be 71%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $13.00 strike highlighted in red: Considering the fact that the $13.00 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the December 14th expiration.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $13.00 strike highlighted in red: Considering the fact that the $13.00 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the December 14th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new December 14th contracts and identified one put and one call contract of particular interest.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $13.00 strike highlighted in red: Considering the fact that the $13.00 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the December 14th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new December 14th contracts and identified one put and one call contract of particular interest.
|
At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new December 14th contracts and identified one put and one call contract of particular interest. Below is a chart showing DDD's trailing twelve month trading history, with the $13.00 strike highlighted in red: Considering the fact that the $13.00 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the December 14th expiration.
|
da49bcc4-0cf6-4993-987f-34ab998a9b62
|
716839.0
|
2018-10-31 00:00:00 UTC
|
Technology Sector Update for 10/31/2018: DDD, IQ, FB, MSFT, AAPL, IBM, CSCO, GOOG
|
DDD
|
https://www.nasdaq.com/articles/technology-sector-update-10312018-ddd-iq-fb-msft-aapl-ibm-csco-goog-2018-10-31
|
nan
|
nan
|
Top Technology Stocks:
MSFT: +1.18%
AAPL: +1.27%
IBM: +1.16%
CSCO: +0.92%
GOOG: +1.64%
Technology stocks were edging higher pre-market trading Wednesday.
Early movers include:
(-) 3D Systems ( DDD ), which was declining by nearly 20% after reporting an unadjusted profit of $0.02 per share in the second quarter, up from a loss of $0.20 per share last year but missing the Capital IQ consensus estimate by a penny.
(-) iQIYI ( IQ ) was down by more than 7% after the company said Q3 sales rose 48% to RMB6.91 billion (US$1.0 billion1) from the year-ago period but below the CapIQ mean for RMB 6.96 billion.
(+) Facebook ( FB ) was advancing by 5% as it reported Q3 earnings of $1.76 per share, up from $1.59 per share posted in the year ago quarter and better than the analyst consensus of $1.44 per share on Capital IQ. Revenue was $13.72 billion, up from $10.32 billion in last year's quarter but below the analyst view of $13.82 billion.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Early movers include: (-) 3D Systems ( DDD ), which was declining by nearly 20% after reporting an unadjusted profit of $0.02 per share in the second quarter, up from a loss of $0.20 per share last year but missing the Capital IQ consensus estimate by a penny. Technology stocks were edging higher pre-market trading Wednesday. (-) iQIYI ( IQ ) was down by more than 7% after the company said Q3 sales rose 48% to RMB6.91 billion (US$1.0 billion1) from the year-ago period but below the CapIQ mean for RMB 6.96 billion.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Early movers include: (-) 3D Systems ( DDD ), which was declining by nearly 20% after reporting an unadjusted profit of $0.02 per share in the second quarter, up from a loss of $0.20 per share last year but missing the Capital IQ consensus estimate by a penny. Revenue was $13.72 billion, up from $10.32 billion in last year's quarter but below the analyst view of $13.82 billion.
|
Early movers include: (-) 3D Systems ( DDD ), which was declining by nearly 20% after reporting an unadjusted profit of $0.02 per share in the second quarter, up from a loss of $0.20 per share last year but missing the Capital IQ consensus estimate by a penny. Technology stocks were edging higher pre-market trading Wednesday. (+) Facebook ( FB ) was advancing by 5% as it reported Q3 earnings of $1.76 per share, up from $1.59 per share posted in the year ago quarter and better than the analyst consensus of $1.44 per share on Capital IQ.
|
Early movers include: (-) 3D Systems ( DDD ), which was declining by nearly 20% after reporting an unadjusted profit of $0.02 per share in the second quarter, up from a loss of $0.20 per share last year but missing the Capital IQ consensus estimate by a penny. Top Technology Stocks: (+) Facebook ( FB ) was advancing by 5% as it reported Q3 earnings of $1.76 per share, up from $1.59 per share posted in the year ago quarter and better than the analyst consensus of $1.44 per share on Capital IQ.
|
fa02f298-6876-4e89-ab0f-4cab6c82d8e6
|
716840.0
|
2018-10-31 00:00:00 UTC
|
3D Systems Breaks Below 200-Day Moving Average - Notable for DDD
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-breaks-below-200-day-moving-average-notable-ddd-2018-10-31
|
nan
|
nan
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed below their 200 day moving average of $14.07, changing hands as low as $12.90 per share. 3D Systems Corp. shares are currently trading down about 18.3% on the day. The chart below shows the one year performance of DDD shares, versus its 200 day moving average:
Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $13.70.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed below their 200 day moving average of $14.07, changing hands as low as $12.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $13.70. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed below their 200 day moving average of $14.07, changing hands as low as $12.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $13.70. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed below their 200 day moving average of $14.07, changing hands as low as $12.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $13.70. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed below their 200 day moving average of $14.07, changing hands as low as $12.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $13.70. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
1c53ce59-509e-4329-87ff-66ee254055a3
|
716841.0
|
2018-10-31 00:00:00 UTC
|
3D Systems (DDD) Q3 Earnings Meet Estimates, Revenues Up Y/Y
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-q3-earnings-meet-estimates-revenues-up-y-y-2018-10-31
|
nan
|
nan
|
3D Systems CorporationDDD third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate. The company incurred a loss of 20 cents in the year-ago quarter.
This 3D printer maker reported revenues of $164.5 million in the quarter, reflecting a year-over-year increase of 8%. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line. However, revenues missed the Zacks Consensus Estimate of $170 million.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
Positive reception of new products was a tailwind in the quarter. Moreover, the potential launch of products in 2019 makes management optimistic.
Quarter Details
3D Systems' Healthcare revenues were up 14% to $53.1 million year over year, driven by growth across all categories. The company began shipping NextDent 5100 printers during the quarter.
However, the company's on-demand manufacturing revenues fell 3% to $26.3 million due to change in sales approach, which was undertaken during the quarter. Management notes that this is likely to remain an overhang in the fourth quarter.
Software revenues increased 8% year over year to $22.9 million. Material revenues jumped 2% to $40.3 million.
Printer revenues climbed 17% to $34.5 million. Meanwhile, printer unit sales surged 93%.
In the reported quarter, GAAP gross margin expanded 900 basis points on a year-over-year basis to 47.3%, driven by supply chain cost optimization initiatives.
In the third quarter, the company's non-GAAP operating expenses decreased 3% to $73.7 million. Notably, the company' non-GAAP SG&A and R&D expenses decreased 1% and 6% to $50.8 million and $22.8 million, respectively.
Cash Flow and Balance Sheet
3D Systems ended the third quarter with cash and cash equivalents of $92.1 million, down from $119.3 million in the previous quarter. The company used $2.9 million of cash in operational activities against $10.7 million of cash generated a quarter ago.
Zacks Rank and Stocks to Consider
3D Systems currently carries a Zacks Rank #3 (Hold).
A few stocks worth considering in the broader Computer and Technology sector are Intel Corporation INTC , Twitter, Inc. TWTR and CyberArk Software Ltd. CYBR , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth for Intel, Twitter and CyberArk is projected to be 8.42%, 22.05% and 19.83%, respectively.
3 Medical Stocks to Buy Now
The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.
So are big potential profits for early investors. Zacks has released an updated Special Report that explains this breakthrough and names the best 3 stocks to ride it.
See them today for free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Twitter, Inc. (TWTR): Free Stock Analysis Report
CyberArk Software Ltd. (CYBR): Free Stock Analysis Report
Intel Corporation (INTC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate. Cash Flow and Balance Sheet 3D Systems ended the third quarter with cash and cash equivalents of $92.1 million, down from $119.3 million in the previous quarter.
|
3D Systems CorporationDDD third-quarter 2018 non-GAAP earnings of 2 cents per share came in line with the Zacks Consensus Estimate. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here. This 3D printer maker reported revenues of $164.5 million in the quarter, reflecting a year-over-year increase of 8%.
|
54f51d51-2ae9-409b-9dbd-8c7aaf9d35ef
|
716842.0
|
2018-10-31 00:00:00 UTC
|
Relative Strength Alert For 3D Systems
|
DDD
|
https://www.nasdaq.com/articles/relative-strength-alert-3d-systems-2018-10-31
|
nan
|
nan
|
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $12.03 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 41.8. A bullish investor could look at DDD's 28.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDD shares:
Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $12.08.
Find out what 9 other oversold stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $12.03 per share. A bullish investor could look at DDD's 28.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $12.08.
|
The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $12.08. In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $12.03 per share. A bullish investor could look at DDD's 28.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $12.03 per share. The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $12.08. A bullish investor could look at DDD's 28.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $12.03 per share. A bullish investor could look at DDD's 28.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDD shares: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $21.78 as the 52 week high point - that compares with a last trade of $12.08.
|
6ea79779-4f35-40ce-aedd-7b22c46133d7
|
716843.0
|
2018-10-31 00:00:00 UTC
|
5 Top Stock Trades for Thursday: FB, GM and IQ Earnings
|
DDD
|
https://www.nasdaq.com/articles/5-top-stock-trades-thursday-fb-gm-and-iq-earnings-2018-10-31
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The stock market rallied into Tuesday's close and tried its best to extend those gains on Wednesday, with all three major indices rallying throughout the day. The underperformance by the Russell 2000 - the one that led the decline lower - is somewhat concerning, as is the fact that most major indices are getting near the backside of their 200-day moving average. Pausing here makes sense, especially as we go into the weekend. In that light, here are our top stock trades going forward.
Top Stock Trades for Tomorrow #1: Facebook (FB)
Facebook (NASDAQ: FB ) initially fell, but then rallied on earnings . Shares were up about 4% on Wednesday, giving investors a tricky map to navigate. On the plus side, it was able to reverse its after-hours losses and move higher on not necessarily great news.
That's generally bullish price action. But we now see FB essentially clinging to the $150 level and if it can't sustain these levels, bulls could be in for more downside.
7 Stocks to Buy While You Hide From the Trade War
The Cambridge Analytica low of ~$149 needs to hold for bulls to have a chance at ending this current rout. Below that mark and the $140 lows are back on the table. Below that and the potential for trouble escalates .
Top Stock Trades for Tomorrow #2: General Motors (GM)
Much better-than-expected earnings from General Motors (NYSE: GM ) launched the stock higher by roughly 10% Wednesday. It was a sight for sore eyes among long-term shareholders who have seen GM bludgeoned since its summer highs north of $44.
While the move over the 50-day and 100-day moving average is impressive, I am concerned as the stock runs into the backside of prior uptrend support (blue line). Some investors own it for the dividend, others for the valuation. Perhaps selling some covered calls isn't a horrible idea given GM's recent trading action, today's big move and the run into potential resistance.
Don't forget, the 200-day looms just ahead, in the mid-$37s. That said, like Ford (NYSE: F ), Tesla (NASDAQ: TSLA ) and other recent automakers to report earnings, perhaps GM can continue trending higher.
On a pullback I'm interested near $35 - the bottom of "box" support - and more so around $34, near the 50-day and backside of downtrend resistance.
Top Stock Trades for Tomorrow #3: iQiyi (IQ)
Unlike GM's 10% rally, iQiyi (NASDAQ: IQ ) had a 12% decline after it reported earnings. Known as the "Netflix (NASDAQ: NFLX ) of China," iQiyi actually had pretty good-looking numbers , growing sales nearly 50% year-over-year and boosting users by about 80%.
Sheesh, imagine if NFLX had those types of results.
In any regard, the dark cloud remains firmly in place above Chinese equities at the moment. Below $20 and it's hard to feel too optimistic based on the charts. The drop puts the $18 IPO price firmly on the table. Below that and the 52-week low of $15.30 is on the table. Above $20 and aggressive bulls can go long with a stop below Wednesday's low.
Top Stock Trades for Tomorrow #4: Electronic Arts (EA)
A delayed game and its earnings results are now just a footnote on the chart of Electronic Arts (NASDAQ: EA ), which has fallen an astonishing 40% from its July highs.
What now? It doesn't matter which blue uptrend line you use - tight or loose - as EA broke below both levels in August. Since then, it has been a falling knife and therefore isn't a name for me.
If aggressive traders need to take a position, they can do so now with a tight stop near $90 or below Wednesday's lows. At least here, the 61.8% Fibonacci retracement for the two-year range rests nearby. Admittedly though, this feels like we're looking for a way to justify a long rather than buying with conviction.
I'd rather get long on a close back over $105. For now, it's a no-touch for me.
Top Stock Trades for Tomorrow #5: 3D Systems (DDD)
Another no-touch stock for me is 3D Systems (NASDAQ: DDD ). Shares tanked almost 30% after the company reported earnings and as analysts finally threw in the towel.
Shares opened near the 200-day moving average and uptrend support, before being promptly loaded into a barrel and pushed over the waterfall. Maybe it finds support at $12, perhaps at $11. But it won't be my hard-earned dollars put on the line to find out. Or as American Idol's Randy Jackson would say, "that's a no from me, dog."
10 Stocks to Buy in November
See where DDD settles down over the next few days if you're stalking a long position in the name.
Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell . As of this writing, Bret Kenwell was long GM.
More From InvestorPlace
2 Toxic Pot Stocks You Should Avoid
7 Stocks to Buy While You Hide From the Trade War
5 Reasons to Buy Apple Stock No Matter What It Reports
3 Best Wireless Stocks to Buy for the 5G Rollout
Compare Brokers
The post 5 Top Stock Trades for Thursday: FB, GM and IQ Earnings appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Top Stock Trades for Tomorrow #5: 3D Systems (DDD) Another no-touch stock for me is 3D Systems (NASDAQ: DDD ). 10 Stocks to Buy in November See where DDD settles down over the next few days if you're stalking a long position in the name. 7 Stocks to Buy While You Hide From the Trade War The Cambridge Analytica low of ~$149 needs to hold for bulls to have a chance at ending this current rout.
|
Top Stock Trades for Tomorrow #5: 3D Systems (DDD) Another no-touch stock for me is 3D Systems (NASDAQ: DDD ). 10 Stocks to Buy in November See where DDD settles down over the next few days if you're stalking a long position in the name. Top Stock Trades for Tomorrow #1: Facebook (FB) Facebook (NASDAQ: FB ) initially fell, but then rallied on earnings .
|
Top Stock Trades for Tomorrow #5: 3D Systems (DDD) Another no-touch stock for me is 3D Systems (NASDAQ: DDD ). 10 Stocks to Buy in November See where DDD settles down over the next few days if you're stalking a long position in the name. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market rallied into Tuesday's close and tried its best to extend those gains on Wednesday, with all three major indices rallying throughout the day.
|
Top Stock Trades for Tomorrow #5: 3D Systems (DDD) Another no-touch stock for me is 3D Systems (NASDAQ: DDD ). 10 Stocks to Buy in November See where DDD settles down over the next few days if you're stalking a long position in the name. While the move over the 50-day and 100-day moving average is impressive, I am concerned as the stock runs into the backside of prior uptrend support (blue line).
|
1b0dabcf-adb7-4efc-a408-739f04a81a70
|
716844.0
|
2018-10-31 00:00:00 UTC
|
Why McDermott International, 3D Systems, and Shutterfly Slumped Today
|
DDD
|
https://www.nasdaq.com/articles/why-mcdermott-international-3d-systems-and-shutterfly-slumped-today-2018-10-31
|
nan
|
nan
|
The stock market finished strong on Wednesday, cutting some of its losses in what was still a horrible month of October. Despite seeing major benchmarks post their worst monthly showing in years, many investors remain optimistic about the prospects for continued economic growth in the U.S., and earnings results added another positive for many companies. Elsewhere, though, bad news hit individual stocks hard, and McDermott International (NYSE: MDR) , 3D Systems (NYSE: DDD) , and Shutterfly (NASDAQ: SFLY) were among the worst performers on the day. Here's why they did so poorly.
McDermott loses its energy
Shares of McDermott International plummeted 40% after the company's third-quarter financial results disappointed investors. Revenue more than doubled from year-earlier figures thanks to the acquisition of Chicago Bridge & Iron, but net income was just barely above breakeven, and adjusted earnings of $0.20 per share was down 80% from the third quarter of 2017. McDermott also plans to sell off its storage tank and pipe fabrication businesses in an effort to refocus on core priorities, but stock analysts were quick to express concerns about the company's strategic direction, including KeyBanc Capital's downgrade of the stock from overweight to sector weight. With extensive charges related to key liquefied natural gas projects, McDermott still has a lot to do in order to get itself moving in the right direction.
3D Systems deals with disappointment
3D Systems stock dropped 29% in the wake of the 3D printing specialist's third-quarter report. The maker of 3D printers managed to produce revenue growth of 8% and turn things around from a year-earlier loss, eking out a small profit on an adjusted basis. Yet investors were still impatient with the pace of the recovery effort, and even those who've stuck with the company over the long run aren't certain that 3D Systems' strategic vision for a more fertile environment in the additive-materials space is really likely to pan out as well as CEO Vyomesh Joshi hopes. At this point, many shareholders will be cautiously skeptical until 3D Systems proves that it's turned itself around for good.
Shutterfly limps toward the holiday season
Finally, shares of Shutterfly fell 17% . The retailer of personal photographic products and services said that its consumer segment suffered a 6% drop in revenue in the third quarter of 2018 compared to the year-earlier period, and net losses amounted to $74 million. Shutterfly also cut its guidance for the key fourth quarter, including a 1.5% drop in net revenue and a $0.53-per-share reduction in earnings expectations, setting new guidance for $5.36 per share. Given how much business Shutterfly does in producing holiday cards and other items for the season, the guidance shows a true lack of confidence for the photo specialist going into its most important time of year.
Offer from The Motley Fool: The 10 best stocks to buy now
Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. In fact, the newsletter they run, Motley Fool Stock Advisor , has tripled the S&P 500!*
Tom and David just revealed their ten top stock picks for investors to buy right now.
Click here to get access to the full list!
* Stock Advisor returns as of Aug. 6, 2018.
Dan Caplinger has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Elsewhere, though, bad news hit individual stocks hard, and McDermott International (NYSE: MDR) , 3D Systems (NYSE: DDD) , and Shutterfly (NASDAQ: SFLY) were among the worst performers on the day. Despite seeing major benchmarks post their worst monthly showing in years, many investors remain optimistic about the prospects for continued economic growth in the U.S., and earnings results added another positive for many companies. Yet investors were still impatient with the pace of the recovery effort, and even those who've stuck with the company over the long run aren't certain that 3D Systems' strategic vision for a more fertile environment in the additive-materials space is really likely to pan out as well as CEO Vyomesh Joshi hopes.
|
Elsewhere, though, bad news hit individual stocks hard, and McDermott International (NYSE: MDR) , 3D Systems (NYSE: DDD) , and Shutterfly (NASDAQ: SFLY) were among the worst performers on the day. Shutterfly also cut its guidance for the key fourth quarter, including a 1.5% drop in net revenue and a $0.53-per-share reduction in earnings expectations, setting new guidance for $5.36 per share. In fact, the newsletter they run, Motley Fool Stock Advisor , has tripled the S&P 500!
|
Elsewhere, though, bad news hit individual stocks hard, and McDermott International (NYSE: MDR) , 3D Systems (NYSE: DDD) , and Shutterfly (NASDAQ: SFLY) were among the worst performers on the day. McDermott also plans to sell off its storage tank and pipe fabrication businesses in an effort to refocus on core priorities, but stock analysts were quick to express concerns about the company's strategic direction, including KeyBanc Capital's downgrade of the stock from overweight to sector weight. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market.
|
Elsewhere, though, bad news hit individual stocks hard, and McDermott International (NYSE: MDR) , 3D Systems (NYSE: DDD) , and Shutterfly (NASDAQ: SFLY) were among the worst performers on the day. McDermott loses its energy Shares of McDermott International plummeted 40% after the company's third-quarter financial results disappointed investors. Shutterfly also cut its guidance for the key fourth quarter, including a 1.5% drop in net revenue and a $0.53-per-share reduction in earnings expectations, setting new guidance for $5.36 per share.
|
80242dc4-cda1-4ba0-a287-c8feed7b1202
|
716845.0
|
2018-10-31 00:00:00 UTC
|
Technology Sector Update for 10/31/2018: FB,FEYE,DDD
|
DDD
|
https://www.nasdaq.com/articles/technology-sector-update-10312018-fbfeyeddd-2018-10-31
|
nan
|
nan
|
Top Tech Stocks
MSFT +3.60%
AAPL +2.93%
IBM -0.34%
CSCO +2.96%
GOOG +4.55%
Technology stocks were soaring in recent trading, with shares of tech stocks in the S&P 500 adding more than 2.7% while the Philadelphia Semiconductor Index was rising more than 1.4%.
Among technology stocks moving on news:
(+) Facebook ( FB ) was climbing over 4% after the social network company reported Q3 earnings of $1.76 per share, beating the Capital IQ consensus by $0.32 per share. Revenue increased to $13.72 billion from $10.32 billion during the same quarter last year.
In other sector news:
(+) FireEye ( FEYE ) was climbing by double-digits, rising 11%, after the cyber-security software firm reported non-GAAP Q3 earnings of $0.06 per share, improving on a $0.02 per share net loss during the year-ago period and beating the Capital IQ consensus by $0.04 per share. Revenue grew 7% to $212 million and also topped the $208.5 million Street view.
(-) 3D Systems ( DDD ) plunged Wednesday, dropping almost 28% in recent trade, after the 3-D printer company reported a $0.02 per share unadjusted profit, reversing a net loss of $0.20 a year ago but still trailing the Capital IQ consensus by a penny. Revenue increased to $164.5 million from $152.9 million last year but missed the $171.8 million analyst mean.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
(-) 3D Systems ( DDD ) plunged Wednesday, dropping almost 28% in recent trade, after the 3-D printer company reported a $0.02 per share unadjusted profit, reversing a net loss of $0.20 a year ago but still trailing the Capital IQ consensus by a penny. Among technology stocks moving on news: (+) Facebook ( FB ) was climbing over 4% after the social network company reported Q3 earnings of $1.76 per share, beating the Capital IQ consensus by $0.32 per share. In other sector news: (+) FireEye ( FEYE ) was climbing by double-digits, rising 11%, after the cyber-security software firm reported non-GAAP Q3 earnings of $0.06 per share, improving on a $0.02 per share net loss during the year-ago period and beating the Capital IQ consensus by $0.04 per share.
|
(-) 3D Systems ( DDD ) plunged Wednesday, dropping almost 28% in recent trade, after the 3-D printer company reported a $0.02 per share unadjusted profit, reversing a net loss of $0.20 a year ago but still trailing the Capital IQ consensus by a penny. Technology stocks were soaring in recent trading, with shares of tech stocks in the S&P 500 adding more than 2.7% while the Philadelphia Semiconductor Index was rising more than 1.4%. Among technology stocks moving on news: (+) Facebook ( FB ) was climbing over 4% after the social network company reported Q3 earnings of $1.76 per share, beating the Capital IQ consensus by $0.32 per share.
|
(-) 3D Systems ( DDD ) plunged Wednesday, dropping almost 28% in recent trade, after the 3-D printer company reported a $0.02 per share unadjusted profit, reversing a net loss of $0.20 a year ago but still trailing the Capital IQ consensus by a penny. Among technology stocks moving on news: (+) Facebook ( FB ) was climbing over 4% after the social network company reported Q3 earnings of $1.76 per share, beating the Capital IQ consensus by $0.32 per share. In other sector news: (+) FireEye ( FEYE ) was climbing by double-digits, rising 11%, after the cyber-security software firm reported non-GAAP Q3 earnings of $0.06 per share, improving on a $0.02 per share net loss during the year-ago period and beating the Capital IQ consensus by $0.04 per share.
|
(-) 3D Systems ( DDD ) plunged Wednesday, dropping almost 28% in recent trade, after the 3-D printer company reported a $0.02 per share unadjusted profit, reversing a net loss of $0.20 a year ago but still trailing the Capital IQ consensus by a penny. Technology stocks were soaring in recent trading, with shares of tech stocks in the S&P 500 adding more than 2.7% while the Philadelphia Semiconductor Index was rising more than 1.4%. Revenue grew 7% to $212 million and also topped the $208.5 million Street view.
|
1a4e52ab-513a-4e06-b266-fc9864b6d283
|
716846.0
|
2018-10-31 00:00:00 UTC
|
3D Systems Earnings: Revenue Growth Slows Sequentially; Stock Plunges 21%
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-revenue-growth-slows-sequentially-stock-plunges-21-2018-10-31
|
nan
|
nan
|
3D Systems (NYSE: DDD) released its third-quarter 2018 results after the market close on Tuesday.
Shares plummeted 21.3% in after-hours trading on Tuesday, which we can attribute to both revenue and adjusted earnings per share (EPS) coming in lower than most investors were probably expecting. The fact that cash from operations was negative also likely weighed on the stock.
Here's how the quarter worked out for the 3D printing company and its investors.
3D Systems' key quarterly numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
Foreign currency had a 1% negative impact on revenue.
GAAP gross margin came in at 47.3%, compared with 38.3% in the year-ago quarter. However, that period included a $12.9 million charge related to portfolio realignment and product discontinuations. In the third quarter, gross margin declined 150 basis points (1.5 percentage points) sequentially, as it was 48.8% in the second quarter.
The company used $12.1 million of cash in operations and ended the quarter with $92.1 million of unrestricted cash on hand. In total, the company burned through $27.2 million in cash in the period, as it ended the second quarter with $119.3 million in unrestricted cash and cash equivalents. In the press release, management attributed the cash burn to the company increasing "inventory in support of new product shipments and the ramp of printer manufacturing, and [the payment of] a previously accrued, $9.1 million liability related to a litigation settlement in connection with a prior acquisition."
For context -- though long-term investors shouldn't pay too much attention to Wall Street's near-term estimates -- analysts had been looking for adjusted EPS of $0.03 on revenue of $171.9 million, so 3D Systems fell short on both the top and bottom lines.
Segment results
Data source: 3D Systems.
On the earnings call, management reviewed how key categories performed:
3D printers (within product): Revenue increased 17% year over year to $34.5 million, while the number of units sold soared 93%.
Healthcare solutions: Revenue grew 14% to $53.1 million. (This category spans both segments and overlaps other categories.)
Software (within product): Revenue jumped 8% to $22.9 million.
On-demand part manufacturing (within service): Revenue declined 3% to $26.3 million.
Materials (within product): Revenue edged up 2% to $40.3 million.
For some additional context, in the second quarter , total revenue increased 10.7% year over year to $176.6 million. 3D printer revenue surged 41% year over year on unit growth of 37%, healthcare revenue grew 26%, software revenue was approximately flat with the year-ago period, on-demand part manufacturing revenue rose 6%, and materials revenue went up 3%.
Management attributed the sequential revenue decline largely to two factors:
Demand for the new ProX DMP (direct metal printer) 350, the next generation of the DMP 320, outstripped the company's manufacturing capacity. CEO Vyomesh Joshi said on the earnings call that demand is expected to exceed supply again in the fourth quarter, but that manufacturing capacity should be adequately ramped up in 2019.
The company changed its "approach and processes related to global sourcing of orders, and as a result, put significant negative pressure on on-demand sales," CFO John McMulen said on the call. He added that management believes this factor "will remain a negative impact on sales in the fourth quarter."
What management had to say
Here's what Joshi had to say in the press release:
Looking ahead
3D Systems didn't provide any guidance.
In short, this was a challenging quarter, though with some bright spots. While revenue increased at a fair pace year over year, growth slowed from the second quarter. And while adjusted EPS came in positive, it was accompanied by cash from operations coming in negative. Moreover, once again, management pushed back the timeline for starting to ship modular Figure 4 systems. (Figure 4 is a fast, scalable stereolithography 3D printing system for producing small plastic parts.) Originally, it was late 2017/early 2018, then it was the second half of 2018, and now it's 2019.
Notable bright spots were healthcare revenue and demand for metal 3D printers.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) released its third-quarter 2018 results after the market close on Tuesday. In the press release, management attributed the cash burn to the company increasing "inventory in support of new product shipments and the ramp of printer manufacturing, and [the payment of] a previously accrued, $9.1 million liability related to a litigation settlement in connection with a prior acquisition." For context -- though long-term investors shouldn't pay too much attention to Wall Street's near-term estimates -- analysts had been looking for adjusted EPS of $0.03 on revenue of $171.9 million, so 3D Systems fell short on both the top and bottom lines.
|
3D Systems (NYSE: DDD) released its third-quarter 2018 results after the market close on Tuesday. 3D Systems' key quarterly numbers Data source: 3D Systems. On the earnings call, management reviewed how key categories performed: 3D printers (within product): Revenue increased 17% year over year to $34.5 million, while the number of units sold soared 93%.
|
3D Systems (NYSE: DDD) released its third-quarter 2018 results after the market close on Tuesday. In total, the company burned through $27.2 million in cash in the period, as it ended the second quarter with $119.3 million in unrestricted cash and cash equivalents. On the earnings call, management reviewed how key categories performed: 3D printers (within product): Revenue increased 17% year over year to $34.5 million, while the number of units sold soared 93%.
|
3D Systems (NYSE: DDD) released its third-quarter 2018 results after the market close on Tuesday. Segment results Data source: 3D Systems. On the earnings call, management reviewed how key categories performed: 3D printers (within product): Revenue increased 17% year over year to $34.5 million, while the number of units sold soared 93%.
|
28da3ba9-9cd7-4f43-92c4-224b70ce078e
|
716847.0
|
2018-10-30 00:00:00 UTC
|
3D Systems Corp (DDD) Q3 2018 Earnings Conference Call Transcript
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-corp-ddd-q3-2018-earnings-conference-call-transcript-2018-10-30
|
nan
|
nan
|
3D Systems Corp (NYSE: DDD)
Q3 2018 Earnings Conference Call
Oct. 30, 2018 , 4:30 p.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Good afternoon, and welcome to 3D Systems Conference Call and Audio Webcast to discuss the results of the Third Quarter of 2018. My name is Latanya and I will facilitate the audio portion of today's interactive broadcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.
(Operator Instructions) As a reminder, this conference is being recorded.
At this time, I would like to turn the conference over to Stacey Witten, Vice President of Investor Relations for 3D Systems. Please go ahead.
Stacey Witten -- Vice President of Investor Relations
Good afternoon, and welcome to 3D Systems' conference call. I'm Stacey Witten, and with me on the call are Vyomesh Joshi, our President and Chief Executive Officer; John McMullen, Executive Vice President and Chief Financial Officer; and Andy Johnson, Chief Legal Officer.
The webcast portion of this call contains a slide presentation that we will refer to during the call. Those following along on the phone who wish to access the slide portion of this presentation may do so on the Investor Relations section of our website.
Participants, who would like to ask questions at the end of the session related to matters discussed in this conference call, should call in using the phone numbers provided on the slide and in the press release that we issued today. For those who have accessed the streaming portion of the webcast, please be aware that there may be a few seconds delay and you will not be able to post questions via the web.
The following discussion and responses to questions reflect management's views as of today only and will include forward-looking statements as described on this slide. Actual results may differ materially. Additional information about factors that could potentially impact our financial results is included in today's press release and our filings with the SEC, including our most recent annual report and Form 10-K.
During this call, we will discuss certain non-GAAP financial measures. In our press release and slides accompanying this webcast, which are both available on our investor relations website, you will find additional disclosures regarding these non-GAAP measures, including reconciliations of these measures with comparable GAAP measures. Finally, unless otherwise stated, all comparisons in this call will be against our results for the comparable period of 2017.
Now, I'm pleased to turn the call over to Vyomesh Joshi, our CEO. VJ?
Vyomesh Joshi -- President and Chief Executive Officer
Thanks Stacey. Good afternoon, everyone. We are pleased with our continued strong growth in printer units and printer revenue across both metals and plastics with balanced execution across all regions. Our new products have been very well received and we continue to ramp sales and production of these new solutions. We are seeing early returns on the investments we have made and continue to deliver growth across many revenue drivers.
In the third quarter, we reported printer revenue growth of 17% on a 93% increase in printer unit sales; materials revenue growth of 2%; software revenue grew 8%; and healthcare solution revenue grew 14%. While our actions and investments in go-to-market are not done, we have made significant progress to drive growth and improve execution worldwide and we are starting to see cost structure improvements as a result of the actions we are taking.
In the third quarter, we begin to ramp production and sales of our new products. While it is still early in commercial shipments, we are very pleased with the reception and performance of the SLS 6100, FabPro 1000, NextDent 5100, Standalone Figure 4, and MJP 2500 Investment Casting. During the third quarter, we also debuted our new DMP Factory 500 at IMTS 2018, our first solution from our partnership with GF Machining Solutions. The DMP Factory 500 is now available to order with the limited shipments plan to begin this year.
We are now shipping the ProX DMP 350, the next generation of the ProX DMP 320. The 320 has been a very successful product for us and customer demand in the third quarter exceeded our manufacturing capacity during the quarter. We are excited to continue to build on the success of our metals platform with ongoing innovations, designed for advanced manufacturing, including materials expansion and software and workflow capabilities. Additionally, our partnership with GF is expanding our capabilities, and together, we plan to provide automation and enhanced integration with traditional manufacturing.
With that, I would like to provide an overview of the third quarter before John provides more detail on financial results. During the third quarter, total revenue increased 8% to $164.5 million, including continued strong growth in printer revenue of 17% on a 93% increase in unit sales and double-digit growth in healthcare.
Gross profit margin in the third quarter of 2018 was 47.3%. We are beginning to see results from our actions we are taking to improve our cost structure, and operating expenses decreased in the third quarter. For the third quarter of 2018, we reported non-GAAP earnings of $0.02 per share and a GAAP loss of $0.10 per share.
Now, let me turn it over to John to discuss our third quarter 2018 financial performance in more detail. John?
John McMullen -- Executive Vice President and Chief Financial Officer
Thanks, VJ. Good afternoon, everyone. For the third quarter, we reported revenue of $164.5 million, an increase of 8% compared to the third quarter of 2017, despite a 1% negative impact of foreign currency.
GAAP gross profit margin was 47.3% compared to 38.3% in the third quarter of 2017. GAAP operating expenses decreased 2% to $88.8 million. We reported a GAAP loss of $0.10 per share in the third quarter of 2018 compared to a loss of $0.34 per share in 2017. We reported non-GAAP earnings of $0.02 per share or $2.4 million in the third quarter of 2018 compared to a non-GAAP loss of $0.20 per share or $22.6 million in the third quarter of 2017.
We are pleased with our revenue growth across many categories of the business in the third quarter, in particular, the continued growth in printer's revenue, which resulted from growth across multiple platforms in all regions. Printer revenue increased 17% to $34.5 million on a 93% increase in printer unit sales, with strong growth in both production and professional units.
As we have discussed, printer unit sales, revenue mix and overall average ASPs will likely continue to fluctuate, particularly as we launch and ramp products at a very wide range of prices. We believe the printer unit placements we are making now will help fuel our annuity-based business model over the long term.
Materials revenue increased 2% to $40.3 million in the third quarter. A lag time between printer placements and scaling materials utilization is very typical, and over time, we expect stronger growth in materials as we continue to place highly productive units quarter after quarter.
Healthcare revenue increased 14% to $53.1 million with growth across all categories. We continue to be pleased with the overall demand trends for healthcare. NextDent 5100 printers began shipping and we are pleased with the results thus far and expect continued ramp overtime in sales of these low-cost, high productivity dental solutions.
Software increased 8% to $22.9 million in the third quarter. While quarterly performance may fluctuate, we continue to expect growth from this category long-term. On demand manufacturing revenue decreased 3% to $26.3 million in the quarter. We believe our investments in facilities, technology, customer experience, demand generation, and our enhanced sales approach have resulted in improvements in our on demand business.
However, during the third quarter, we took actions to change our approach and processes related to global sourcing of orders, and as a result, put significant negative pressure on on-demand sales during the quarter, which we believe will remain a negative impact on sales in the fourth quarter of 2018 as well.
We reported GAAP gross profit margin of 47.3% in the third quarter of 2018 as cost improvements from ongoing supply chain cost reduction initiatives were offset by the impact of sales mix and production and actions related to ramping new products. In the third quarter of last year, gross profit margin was 38.3%, inclusive of $12.9 million of charges related to portfolio realignment and product discontinuations.
We continue to drive supply chain optimization, manufacturing efficiencies, and process improvements, and therefore continue to expect fairly stable gross profit margins for the balance of the year and opportunities for expansion over the longer term with increasing materials growth.
GAAP operating expenses for the quarter were $88.8 million, a decrease of 2% compared to the third quarter of 2017, including a 1% decrease in SG&A expenses and a 5% decrease in R&D expenses.
Non-GAAP operating expenses in the third quarter were $73.7 million, a 3% decrease from the third quarter of the prior year and a 7% decrease sequentially. While a portion of the decrease in operating expenses sequentially relates to timing of expenses, we are beginning to see the results of the actions we are taking to reduce our cost structure.
Compared to the 2017 quarter, non-GAAP SG&A expenses decreased 1% to $50.8 million and non-GAAP R&D expenses decreased 6% to $22.8 million as we begin to shift from development to marketing and sales support of the new products we have rolled out this year.
We continue to invest in IT and go-to-market, including new product launch to (inaudible) while at the same time we have reduced overall headcount and other employee-related expenses, resulting in lower operating expenses even as higher legal fees related to export compliance are ongoing. We are very pleased with the progress we are making as we are executing on our plans to align resources with key priorities, reduce overhead costs, and leverage our IT infrastructure investments.
While operating expenses may vary quarter-to-quarter in the near term due to timing of expenses and product and sales cycles, we continue to expect cost structure improvements and increased operating leverage over the long term. We used $12.1 million of cash in operations during the third quarter and $2.9 million of cash in operations in the first nine months of the year. We ended the quarter with $92.1 million cash on hand.
We have continued to invest in IT transformation and go-to-market, including support for new product rollouts. Support for the rollout and ramping of new products also included a significant increase in inventory as a result of timing of supply chain lead times and product production and shipment plans for our expanded portfolio.
In the third quarter, we also paid a previously accrued liability related to the conclusion of litigation in connection with the prior acquisition, which used $9.1 million of cash during the quarter. We expect cash use and generation will continue to fluctuate from period to period as we continue to make the investments we believe are critical, while at the same time improving our operational performance overtime.
We are pleased with the overall progress we are seeing year-to-date in many areas and we continue to be keenly focused on execution and operational efficiency to drive long-term growth and profitability.
With that, I'll turn the call back to VJ for some concluding remarks. VJ?
Vyomesh Joshi -- President and Chief Executive Officer
Thanks, John. We are pleased with our results this quarter and the progress we have made to transform the company. We have improved our worldwide execution to better leverage our unmatched offering of additive solutions for the entire digital manufacturing workflow.
We are very excited about our enhanced and complete end to end portfolio, our ongoing innovation, and significant market opportunity. We are building the foundation for growth to scale the company and strengthen our leadership position in the industry. We are focused on operational excellence and customer-driven innovation to expand applications and use cases through our advanced and complete workflow solutions.
We have the leadership, expertise, talent and partnerships combined with the best and the broadest portfolio to drive customer shift to 3D production.
And with that, I would like to turn the call back to Stacey who will open the floor for questions. Stacey?
Stacey Witten -- Vice President of Investor Relations
Thanks VJ. We will now open the call to questions. We ask you to limit yourself to one question and one follow up, thus allowing others to participate in the discussion. As a reminder, please direct all questions to the teleconference portion of this call. The telephone numbers are provided again on the slide. If you are calling inside the US, the number is 1-877-407-8291 and if you're calling outside the US, the number is 1-201-689-8345.
Questions and Answers:
Operator
Thank you. (Operator Instructions) Our first question comes from Ananda Baruah with Loop Capital. Please proceed with your question.
Ananda Baruah -- Loop Capital -- Analyst
Hi, good afternoon to you guys. Appreciate taking the question. A couple if I could, just with regards to new product introductions that occurred in the -- during the September quarter and the 8% revenue growth, similar to last quarter. Could you just sort of unpack for us how much the new products contributed to the revenue growth this quarter?
And then any -- VJ any context you could give us around the ramp of Figure 4. You know, I believe that the modular is post the -- is the modular shipping? It's not shipping till '19, I think, but is that changed, let us know? And do you think the DMP 500 -- when will the DMP 500 be out? And then I have a follow-up. Thanks a lot.
Vyomesh Joshi -- President and Chief Executive Officer
So, yeah, OK. So you have three phases of questions. So let me go one by one. So I think the important part is we had a very good quarter with respect to the overall printer hardware revenue growth at 17% and then the unit growth, because as you know that there are categories now which are like $5,000 to $22,000 within a low price point. So we had an incredible 93% unit growth with 17% overall hardware revenue growth. The new products are just ramping. So I think you're going to see more effect of that in Q4 and 2019. But we are very pleased with the response that we're getting in the marketplace. So that's the first part of the question.
Second, on the Figure 4, you know the dental product which won two big awards. The 5100, the response is fantastic and this is global response and I do believe that that's going to be a very important category for 2019, taking our hardware and then getting the materials growth that you will see in 2019.
The third part, about the modular; modular will be introduced in 2019. And then the fourth question on DMP 500, you know that's a significant product, especially with our partnership with the GF Machining. I really believe this partnership is going to be very important in the mix environment where you have the traditional subtractive and additive manufacturing. They bring tremendous capability with respect to the go-to-market and also in terms of the post processing and automation. So the 500, we have introduced, they have -- there are already customers, but the real scale in the 500 will happen in 2019.
Ananda Baruah -- Loop Capital -- Analyst
Thanks VJ, that's really helpful. And then just quickly, John, you meant stable gross margin for the balance of the year, which would be just this quarter, if taken literally. Is the spirit of kind of into '19 foreseeable future like that or is it really kind of just December quarter or March. Thanks.
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah, I think, definitely for the balance of the year. But to your point, we don't anticipate big margin fluctuations entering '19 at this point either. So, if you look at the last -- look at the last fourth quarter -- three or four quarters on a non-GAAP basis, you know we're plus or minus one point or one-point-something. But we think margins will continue certainly for the foreseeable future on that type of a trend line and we'll keep you posted on a quarter-by-quarter basis.
Ananda Baruah -- Loop Capital -- Analyst
Got it, thanks a lot.
Operator
Our next question comes from Wamsi Mohan with Bank of America. Please proceed with your question.
Wamsi Mohan -- Bank of America -- Analyst
Hi, yes, thank you. Hi VJ, hi John. So a couple of questions, I guess. Can you just talk about the revenue environment more broadly? I mean it looks like there is a pretty broad macro slowdown across industrial and auto in China. So just -- what is your view of the broader demand environment and did that impact like revenue from a sequential perspective here in the third quarter?
Vyomesh Joshi -- President and Chief Executive Officer
So I think, if we look at the revenue in our Q3, we had two things happening. One, our metal printers, we had more demand than we could really fulfill in terms of the manufacturing capacity and we are working on it now in building the capacity for our metal printers. And the second thing is, we talked about ODM business where we have to change the way we -- global sourcing is done for our -- that parts business and that also had impact in Q3 and it will have a little bit more impact in Q4, the ODM in terms of the revenue.
So for us, we actually see really no impact of overall any, globally, issue with respect to the revenue. As a matter of fact, if you look at our Asia-Pacific revenue, we grew 27% in Q3. So I think for us, it was internal; those two things that I've talked about, the metals and the ODM, but when you look at 93% unit growth, because actually we are gaining share, as far as the unit share is concerned.
Wamsi Mohan -- Bank of America -- Analyst
And VJ, this metal printer sort of -- couldn't meet the demand, and you guys are sort of constrained on supply. Do you expect that to reverse and that become a tailwind here in the fourth quarter?
Vyomesh Joshi -- President and Chief Executive Officer
Not in fourth quarter. I think we have still demand, which is outstripping our manufacturing capacity. But we are working hard and in '19 we should be able to do that. Remember, we got a great product in the 350 and 500 and we are partnering with GF. So it's really -- those two things are creating the demand that we need to now figure out how we can really build our manufacturing capability and I think--
John McMullen -- Executive Vice President and Chief Financial Officer
Yes, and Wamsi, the other thing to think about is that I think we've mentioned it somewhere in the -- some of it in the prepared materials around inventory in general. But some of that -- some of that parts and things are long lead times in the metal space. So as we see this heightened demand, our ability to respond and plans for that now is under way.
Wamsi Mohan -- Bank of America -- Analyst
Okay, thanks for the color. And if I could really quick, how much of the inventory step-up was from preparing for these new product launches and what's your expectation around timing for becoming free cash flow positive here?
John McMullen -- Executive Vice President and Chief Financial Officer
Yes, the majority of the inventory uptick was related to new products, both in plastics and metals both from of finished goods point of view and from component kind of build to all the way to spare parts and getting ready to be able to service these products in the field. We haven't given any direction on the timing of free cash flow Wamsi. But what I will tell you is that, I mean, we're being very planful and thoughtful in terms of how we're utilizing the cash right now.
We understand what we're doing and not something that we are overly worried about, but we also understand what our options are for cash from -- on a go-forward basis. And as we start to normalize from an inventory point of view, we should see the benefit of that for sure. And as our performance continues to improve from a profitability point of view, we'll see the benefit from that as well.
Wamsi Mohan -- Bank of America -- Analyst
Okay, thanks. Thanks a lot of John; thanks VJ.
Vyomesh Joshi -- President and Chief Executive Officer
Thank you.
Operator
Our question comes from David Ryzhik with Susquehanna. Please proceed with your question.
David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst
Hi, thanks so much for taking the question. So for materials, I think you mentioned you anticipate perhaps an acceleration of materials growth. Can you just talk about what gives you the confidence that that can occur? Just looking at the first nine months of '18, I guess the average growth rate is 1% per quarter. So on a year-over-year basis, just wanted to know if this is based on any kind of internal analysis on utilization or not? And I've a follow up.
Vyomesh Joshi -- President and Chief Executive Officer
Yes. So I think there are two parts. The first part is the focus that we have on getting the productive installed base is very, very important for us. So if you think about for last four quarters, our unit growth has gone from 8% to 15% to 44% to 38% to 93%. And that's really installing those productive units.
The second part is we know, by technology, what kind of usage we can expect and that's a very important part of the equation. So the first part is the unit and the actual installed base growth, then by technology what kind of a usage that we are going to have. And the third very important part is we are maintaining the average selling price of our materials portfolio.
So I think those three things, the way we put the equation together in terms of how do we really build the right kind of a portfolio and there is a lag between we actually placing the units and getting the right kind of materials growth. So starting 2019, we are very confident that we are going to have the materials growth that we are really looking for, so that the business model that we have talked about putting the installed base and then enjoying the annuity stream will come through.
David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst
Great, thanks. And just drilling back to metals, if you are able to fill all those orders, would it have been a material impact to September quarter results? And then broadly speaking, can you give us a sense of how material the metals business can become? Can it become 5% or 10% of revenue by 2019? Just would love some kind of color around this, because it sounds like you guys are gaining some traction there with the 350. Thanks so much.
Vyomesh Joshi -- President and Chief Executive Officer
Yes, I think we are not going to break down our revenue, but I think the important part is we believe that between metals and ODM, it could have been a significant growth that we would have seen in Q3. What I believe that our success of our 320, the 350 platform, and then at IMTS, we really showed our 500 product with really GF and us together and the response that we are getting and the customers who are really getting interested in our metal technology with our value proposition in terms of total cost of operation and the precision, plus the healthcare segment that we are really focused on is really giving me lot of positive feeling about our metal business and that could become a significant part of our overall revenue growth in 2019.
David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst
Got it, thanks so much.
Operator
Our next question comes from Brian Drab with William Blair. Please proceed with your question.
Vyomesh Joshi -- President and Chief Executive Officer
Hey, Brian.
Brian Drab -- William Blair & Company LLC -- Analyst
Hey, thanks for taking my questions. I guess first question is looking for a little more clarity in your comments around printer revenue and just how to think about this. So I know year-over-year, I think it -- you would probably admit that you had a fairly easy comp year-over-year. And if you just humor me for a minute and look at it sequentially, down $5 million sequentially in printer revenue.
But I -- and my impression was that we wouldn't see, based on your 2Q comment was that we probably won't see that much seasonality from 2Q to 3Q and you have the new products rolling out. I'm wondering if you could just comment on whether you were surprised to see that sequential decline and what you think about that. Thanks.
Vyomesh Joshi -- President and Chief Executive Officer
No, I think the way I told you about the metals is we're -- we had more orders then we could fulfill is the real reason. I do believe that if you think about year-to-date, our printer revenue growth has been 28%. That itself tells you that it was not just the easy compare, but we absolutely believe that we are gaining share in all the categories from $5,000 price point to $20,000 price point to $100,000 price point to all the way to $400,000 to $500,000 price point.
So I really think that my view is, this is something that I have been really telegraphing saying, look we had healthcare revenue growth, we have software and now we need to really make sure that with our strength of the portfolio, I want to drive the printer hardware revenue growth. I think the next thing that -- we all need to look at it in 2019, how that now really translates into the materials revenue growth. And I think I'm very confident that in 2019, we will show the materials growth.
So I really believe that's how we should look at it. It's a build and that's how we should look at it. The other important part is having these new categories at $5,000 price point and $20,000 price point, we have a lot of work to do in building the awareness, getting the marketing right, because these are new categories.
But if you think about what we are doing with our FabPro, we are going really at $5,000 entry-level industrial printer. If you think about $20,000 price point, we are really going after a functional prototyping business with the Figure 4 capability. My view, competitively, we are placed way better than any other competitor at those price points.
So I just think that this requires our sales and marketing machine now working in driving the potential that we have in terms of gaining share and driving the hardware revenue, which will just set us up very well in 2019 for materials.
Brian Drab -- William Blair & Company LLC -- Analyst
Okay, thanks. And then just -- since we're talking about materials. I guess my follow-on is going to be in that category. And the gross margin has come down, right. If you look back to the average in 2016, it was 77%; and 2017, 73%; this quarter is 69%. So as we look out to this building the foundation for the materials to come, should we expect kind of this gross margin for materials to stabilize here and you'll get 70% gross margin on those materials? Or is this going to continue to kind of come down and why has it come down?
John McMullen -- Executive Vice President and Chief Financial Officer
Yes. So Brian, this is John. Clearly, we've got a lot of mixed things going on from materials. We have that every quarter. But as you see -- as we look at both plastics and metals, clearly the mix between plastics and metals materials has an impact on overall, what we report in the Q, metals margins being lower than plastics margins. And then we have mix within different.
If you think about that overall 71%, 72% and it's hard to go back 2016 being, because we have other things like Vertex now with lower margins and so forth. But if you think even over the last several quarters, the real driver of fluctuations that we're seeing in margins for materials now is simply mix and so we're not out there pricing dramatically or anything like that. It's really mix-based.
So I think we'll see some fluctuations, both up and down in margins over the next several quarters based on mix and we'll give you color on what's going on from a mix point of view. There's nothing surprising in, for us anyways, in terms of what we saw based on the mix.
Vyomesh Joshi -- President and Chief Executive Officer
And our success in metals will also drive more and more metals materials--
John McMullen -- Executive Vice President and Chief Financial Officer
Yes, metals becomes a higher percent and that's a great thing from a growth point of view, the margin profile for metals is lower and that, on a consolidated basis, you will see the impact of that on materials margins.
Brian Drab -- William Blair & Company LLC -- Analyst
Okay, thank you very much.
John McMullen -- Executive Vice President and Chief Financial Officer
You bet.
Vyomesh Joshi -- President and Chief Executive Officer
Thank you.
Operator
Our next question comes from Shannon Cross with Cross Research. Please proceed with your question.
Vyomesh Joshi -- President and Chief Executive Officer
Hey Shannon.
Shannon Cross -- Cross Research -- Analyst
Hi, how are you? Can you talk a bit about what you've done in the US in terms of the changes in go-to market? I know you said you still have work to do overall, but with some of the management changes you've had in the region, if you could be a little bit more specific and maybe, I don't know what inning are we in, in terms of where you were versus where you're trying to get to?
Vyomesh Joshi -- President and Chief Executive Officer
Yes. So I think there are three things that we have done. The first one is to really have the right balance between the indirect and direct go-to market model. The second thing that we have done, we brought the pipeline processes that we had started in Europe and now applying that in both Americas and in Asia Pacific. And the third thing that we're doing is the lead generation, because I absolutely believe that if you look at what we have done with respect to marketing and that IMTS was the example that how we showed up in terms of really focusing on production workflows, and I think that will drive the lead generation, which will be very important in terms of really building the right go-to-market engine.
And we think we're in the fifth of sixth inning of the go-to-market build and we are now seeing that kind of a performance across the three regions, and I really believe that the work that now we need to do is to really train both our channel partners and our sales force about the production workflow.
Shannon Cross -- Cross Research -- Analyst
And then, in terms of the aligner market, I know some of the competition has made some noise about getting more involved in that -- that business, but clearly it's a big market opportunity, although Align had a bit of a stumble in the most recent quarter. So, can you sort of talk about where you see that market, how you see it sort of -- I don't know as everybody moves to (inaudible) or whatever it's called as opposed to paying for braces like Arson (ph) did. How we should think about your opportunity again with some of the competition that has made some noise?
Vyomesh Joshi -- President and Chief Executive Officer
Yeah, they can make the noise, but really we can always look at who are the leaders and which technology is really providing the right solution. I think Align, there is no question in my mind, they are the leaders and they will continue to be leaders globally, because it's not just about having early start, but the kind of a solution that you need to have to work with the orthodontic community, working within building that whole software workflow and the solution that we provide in terms of the cost structure and in terms of the patient outcome is unparalleled.
And I really believe that that leadership that we have working with them -- as a matter of fact, I'm using that as an example of how you really build the production workflows where the software workflow, the hardware and materials will become very important to us. So my view is, we have a lead and we are going global with them and they are a great partner.
Shannon Cross -- Cross Research -- Analyst
Okay. And then I guess, John, can you just talk a little bit about cash flow at $91 million, I mean you're down to $91 million of unencumbered cash and I know it will be lumpy in that, but just, what are your options for liquidity if you needed to get them? Or how are you sort of thinking about it if we did go into recession. Just -- I'm sure you're thinking about sort of where the company will be in the next couple of years. So anything you can provide would be helpful. Thank you.
John McMullen -- Executive Vice President and Chief Financial Officer
Yeah, sure, Shannon. I think the -- it's pretty clear what -- from Q2 to Q3 what drove our use of cash in terms of, about a $14 million inventory build primarily in supportive of all the new products. We knew we would be faced with a litigation settlement. It came in Q3 and that was an additional $9.1 million and then -- then some small things that we always have timing of year-wise stock settlements on employee stock, things like that; so very -- very well understood.
I think to your point we -- right now is, as I think, we also have a -- we have a revolver in place, we've never tapped into that, but it's always comforting to know that we have $150 million revolver out there. So that's a good thing. I think that, I won't get into any specifics, but as you might imagine, we're always understanding what our liquidity options would be beyond that, although we don't anticipate anything that would suggest that we would find ourselves in a place like that anytime soon.
So I think that clearly understand that people are watching the cash balance overtime, but we are extremely planful in what we're using that for and we'll continue to be planful in terms of what our needs are and what our users will be with a company that we expect to continue to grow.
Shannon Cross -- Cross Research -- Analyst
Thank you.
John McMullen -- Executive Vice President and Chief Financial Officer
You bet.
Operator
Our next question comes from Hendi Susanto with Gabelli & Company. Please proceed with your question.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
Good evening, VJ and John. VJ, it is great to see three consecutive double-digit printer revenue growth in the first nine months. Having said that, printer services revenue growth rates were significantly below those of printer revenue growth rate. And I was expecting that printer service have some kind of attachment. How should we think about the gap between the two and when can we see printer service revenue growth profile catching up?
Vyomesh Joshi -- President and Chief Executive Officer
Well, I think the services has more than just the printer services, that's the first thing that I want to say. And clearly, we are focused on making sure that we provide the right kind of a break and fix services and that will follow as our revenue growth and more and more units are placed, we will be able to win the maintenance contract especially after one year and that's where you will be able to see the impact of this unit placements we have for our break and fix services revenue.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
And does that imply that currently the attachment rate is lower and then--
Vyomesh Joshi -- President and Chief Executive Officer
No. What I -- What I mean by that is you are asking -- you're seeing the double-digit growth in the hardware revenue, when will that reflected in the break and fix services. I'm saying there is a 12-month delay in terms of -- because you know that's when you start talking about the maintenance contracts. So that's what I'm talking -- just like materials.
John McMullen -- Executive Vice President and Chief Financial Officer
Material has a lag time for usage. Service has a lag time for renewals basically.
Vyomesh Joshi -- President and Chief Executive Officer
There is nothing any different. We are winning every maintenance contract in terms of the renewal that we get.
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
Got it. Thank you VJ, thank you John.
John McMullen -- Executive Vice President and Chief Financial Officer
You bet.
Vyomesh Joshi -- President and Chief Executive Officer
Thank you.
Operator
Thank you. At this time, I would like to turn the call back over to Stacey Witten for closing comments.
Stacey Witten -- Vice President of Investor Relations
Thank you for joining us today and for your continued support of 3D Systems. A replay of this webcast will be made available after the call in the Investor Relations section of our website www.3Dsystems.com/investor. Thank you.
Operator
This concludes today's teleconference. You may disconnect your lines at this time and thank you for your participation.
Duration: 42 minutes
Call participants:
Stacey Witten -- Vice President of Investor Relations
Vyomesh Joshi -- President and Chief Executive Officer
John McMullen -- Executive Vice President and Chief Financial Officer
Ananda Baruah -- Loop Capital -- Analyst
Wamsi Mohan -- Bank of America -- Analyst
David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst
Brian Drab -- William Blair & Company LLC -- Analyst
Shannon Cross -- Cross Research -- Analyst
Hendi Susanto -- Gabelli & Company, Inc. -- Analyst
More DDD analysis
Transcript powered by AlphaStreet
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems Corp (NYSE: DDD) Q3 2018 Earnings Conference Call Oct. 30, 2018 , 4:30 p.m. Duration: 42 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst Wamsi Mohan -- Bank of America -- Analyst David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst Brian Drab -- William Blair & Company LLC -- Analyst Shannon Cross -- Cross Research -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. We are excited to continue to build on the success of our metals platform with ongoing innovations, designed for advanced manufacturing, including materials expansion and software and workflow capabilities.
|
Duration: 42 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst Wamsi Mohan -- Bank of America -- Analyst David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst Brian Drab -- William Blair & Company LLC -- Analyst Shannon Cross -- Cross Research -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. 3D Systems Corp (NYSE: DDD) Q3 2018 Earnings Conference Call Oct. 30, 2018 , 4:30 p.m. In the third quarter, we reported printer revenue growth of 17% on a 93% increase in printer unit sales; materials revenue growth of 2%; software revenue grew 8%; and healthcare solution revenue grew 14%.
|
Duration: 42 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst Wamsi Mohan -- Bank of America -- Analyst David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst Brian Drab -- William Blair & Company LLC -- Analyst Shannon Cross -- Cross Research -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. 3D Systems Corp (NYSE: DDD) Q3 2018 Earnings Conference Call Oct. 30, 2018 , 4:30 p.m. In the third quarter, we reported printer revenue growth of 17% on a 93% increase in printer unit sales; materials revenue growth of 2%; software revenue grew 8%; and healthcare solution revenue grew 14%.
|
Duration: 42 minutes Call participants: Stacey Witten -- Vice President of Investor Relations Vyomesh Joshi -- President and Chief Executive Officer John McMullen -- Executive Vice President and Chief Financial Officer Ananda Baruah -- Loop Capital -- Analyst Wamsi Mohan -- Bank of America -- Analyst David Ryzhik -- Susquehanna Financial Group, LLLP -- Analyst Brian Drab -- William Blair & Company LLC -- Analyst Shannon Cross -- Cross Research -- Analyst Hendi Susanto -- Gabelli & Company, Inc. -- Analyst More DDD analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. 3D Systems Corp (NYSE: DDD) Q3 2018 Earnings Conference Call Oct. 30, 2018 , 4:30 p.m. A lag time between printer placements and scaling materials utilization is very typical, and over time, we expect stronger growth in materials as we continue to place highly productive units quarter after quarter.
|
0deae6d2-d905-4b96-851b-f586c02c0380
|
716848.0
|
2018-10-24 00:00:00 UTC
|
3D Systems Stock Upgraded Ahead of Earnings: What You Need to Know
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-stock-upgraded-ahead-earnings-what-you-need-know-2018-10-24
|
nan
|
nan
|
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
No two ways about it -- additive manufacturing pioneer 3D Systems Corporation (NYSE: DDD) has had a very good year . Over the past 52 weeks, shares of the 3D-printing star have gained nearly 50%. The stock won its latest bump in share price just earlier this morning, when analysts at investment bank Piper Jaffray removed their underweight rating and upgraded the shares to neutral, with a $17 price target.
Here's what you need to know.
Upgrading 3D Systems
With 3D Systems set to report Q3 earnings next Tuesday, Oct. 30 , you might expect that Piper Jaffray is making a short-term bet on a quick jump in share price here -- but that doesn't seem to be the case. (Nor does Piper's rating of neutral exactly scream confidence that 3D's short-term results will be amazing.)
Rather, Piper's cautious endorsement of 3D Systems today seems more indicative of its generally positive assessment of the health of the 3D-printing industry as a whole, as TheFly.com explains in a note covering the upgrade this morning: The overall 3D printing industry "remains healthy and the long awaited move to production use of 3D printers is gaining momentum."
In evidence of which, Piper points to 3D Systems' announcement last month that Align Technology is increasing its "investment in 3D Systems' SLA 3D printing technology" to manufacture clear plastic braces for their customers in an "unprecedented use of 3D printing in manufacturing," according to the press release.
What it means to investors
Neither Align nor 3D revealed what financial benefit this "multi-year collaboration" will bring to 3D. In the near term at least, the benefit appears limited, as Piper Jaffray commented that it sees demand for 3D printing services and materials at 3D Systems being only "modestly above plan" in Q3, with demand for actual 3D printers improving somewhat -- but with no indication of how strongly.
Still, the simple fact that that the Align deal happened at all provides evidence that Piper's thesis of "momentum" building in the "production use of 3D printers" has merit. And in further evidence that this is a trend spanning industries, Piper also mentioned a recent deal for German 3D printer maker Voxeljet to begin doing 3D printing work for an unidentified "major European automotive manufacturer."
Consider the alternatives
News items like these tend to support the broader thesis that 3D printing is gaining support in the market. But do they support investing in 3D Systems stock in preference to other 3D printing companies?
Not necessarily -- at least not accord to Piper Jaffray, which says it actually prefers to other companies over 3D Systems. One of these is Voxeljet (a company we've also written about here at The Motley Fool from time to time ). A second stock that Piper prefers over 3D Systems is Belgian concern Materialise NV (NASDAQ: MTLS) , which specializes in providing software and services for the 3D printing industry.
How do these other 3D printing stocks stack up next to 3D Systems itself? Curiously, all three firms are pegged for 20% annualized earnings growth over the next five years by analysts surveyed on S&P Global Market Intelligence . (You can take that as a coincidence or -- as I interpret it -- as an indication that Wall Street is applying a broad brush to the industry as a whole, and unwilling or unable to pick winners and losers at this point.)
Valuation-wise, however, the stocks couldn't look more different. 3D Systems, with a $1.9 billion market capitalization, is currently the big dog of this industry. In contrast, Materialize weighs in at barely one-third that market cap -- $660 million -- while Voxeljet is valued at less than $100 million by the market.
Currently, none of the three companies is generating positive free cash flow (although 3D Systems is expected to begin generating positive FCF next year, and Materialise could do so as early as the end of this year). Only one of the three stocks (again, Materialise) is GAAP -profitable at present. As such, despite Piper Jaffray's optimism, I cannot say I view any of these stocks as anything other than speculative at best at this point in time.
A better way to invest in 3D printing?
In contrast, one stock that went unmentioned in Piper's survey of the industry -- 3D archrival Stratasys (NASDAQ: SSYS) -- is actually looking a whole lot healthier to me today. Valued at $1.1 billion in market cap, but with $320 million in net cash (bringing its enterprise value down below $800 million), Stratasys isn't currently profitable per se, but it's generated positive FCF of $42 million over the past year, and according to the analysts who follow it, is likely to continue generating at least that much cash profit over the next couple of years as well.
If you agree with Piper Jaffray's broad thesis that 3D printing is starting to gain broader acceptance in industry, and that 3D printing stocks offer a promising area for investment, then I think Stratasys stock, with its rock-solid balance sheet and demonstrated ability to generate cash profit from its business, just might be your best bet to profit from this trend.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Rich Smith has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends ALGN. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Today, we're taking one high-profile Wall Street pick and putting it under the microscope... No two ways about it -- additive manufacturing pioneer 3D Systems Corporation (NYSE: DDD) has had a very good year . And in further evidence that this is a trend spanning industries, Piper also mentioned a recent deal for German 3D printer maker Voxeljet to begin doing 3D printing work for an unidentified "major European automotive manufacturer." (You can take that as a coincidence or -- as I interpret it -- as an indication that Wall Street is applying a broad brush to the industry as a whole, and unwilling or unable to pick winners and losers at this point.)
|
Today, we're taking one high-profile Wall Street pick and putting it under the microscope... No two ways about it -- additive manufacturing pioneer 3D Systems Corporation (NYSE: DDD) has had a very good year . Currently, none of the three companies is generating positive free cash flow (although 3D Systems is expected to begin generating positive FCF next year, and Materialise could do so as early as the end of this year). Valued at $1.1 billion in market cap, but with $320 million in net cash (bringing its enterprise value down below $800 million), Stratasys isn't currently profitable per se, but it's generated positive FCF of $42 million over the past year, and according to the analysts who follow it, is likely to continue generating at least that much cash profit over the next couple of years as well.
|
Today, we're taking one high-profile Wall Street pick and putting it under the microscope... No two ways about it -- additive manufacturing pioneer 3D Systems Corporation (NYSE: DDD) has had a very good year . In evidence of which, Piper points to 3D Systems' announcement last month that Align Technology is increasing its "investment in 3D Systems' SLA 3D printing technology" to manufacture clear plastic braces for their customers in an "unprecedented use of 3D printing in manufacturing," according to the press release. A second stock that Piper prefers over 3D Systems is Belgian concern Materialise NV (NASDAQ: MTLS) , which specializes in providing software and services for the 3D printing industry.
|
Today, we're taking one high-profile Wall Street pick and putting it under the microscope... No two ways about it -- additive manufacturing pioneer 3D Systems Corporation (NYSE: DDD) has had a very good year . The stock won its latest bump in share price just earlier this morning, when analysts at investment bank Piper Jaffray removed their underweight rating and upgraded the shares to neutral, with a $17 price target. But do they support investing in 3D Systems stock in preference to other 3D printing companies?
|
ee929c50-3972-4fdd-8139-f58f07f577b4
|
716849.0
|
2018-10-24 00:00:00 UTC
|
Why 3D Systems Corporation Stock Just Jumped 8%
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-corporation-stock-just-jumped-8-2018-10-24
|
nan
|
nan
|
What happened
Investors in three-dimensional printer-maker 3D Systems (NYSE: DDD) stock got a pleasant surprise this morning, when an upgrade from investment banker Piper Jaffray sparked a run on 3D stock and sent it up as much as 8.4% as of 1:35 p.m. EDT.
And yet, was what Piper had to say about 3D Systems really as encouraging as all that?
So what
Actually ... no, it wasn't. Although Piper Jaffray did upgrade 3D Systems shares this morning, the upgrade only took 3D stock from "underweight" to "neutral." Moreover, the price target Piper posited for the shares -- $17 -- is actually more than $1 below where 3D stock now trades after its rapid run-up.
Rather than an endorsement of 3D Systems stock in particular, Piper's upgrade today reads more like an expression of confidence that the 3D printing industry as a whole "remains healthy and the long awaited move to production use of 3D printers is gaining momentum." Within that industry, however, Piper expressed more optimism about the prospects of 3D Systems rivals Voxeljet (NYSE: VJET) and Materialise NV (NASDAQ: MTLS) than it did about 3D Systems stock, per se.
Now what
Now here's what's really curious: In response to Piper Jaffray's announcement that (1) it thinks 3D Systems stock is worth less than investors are now paying for it, and (2) it thinks Voxeljet and Materialise offer better bargains, investors today are bidding up shares of 3D ... and selling off shares of Voxeljet (down 4.1%) and Materialise (down 1.4%)!
A crazy response to be sure -- but then again, when was the last time you heard of investors being accused of rational exuberance?
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Investors in three-dimensional printer-maker 3D Systems (NYSE: DDD) stock got a pleasant surprise this morning, when an upgrade from investment banker Piper Jaffray sparked a run on 3D stock and sent it up as much as 8.4% as of 1:35 p.m. EDT. Rather than an endorsement of 3D Systems stock in particular, Piper's upgrade today reads more like an expression of confidence that the 3D printing industry as a whole "remains healthy and the long awaited move to production use of 3D printers is gaining momentum." Now what Now here's what's really curious: In response to Piper Jaffray's announcement that (1) it thinks 3D Systems stock is worth less than investors are now paying for it, and (2) it thinks Voxeljet and Materialise offer better bargains, investors today are bidding up shares of 3D ... and selling off shares of Voxeljet (down 4.1%) and Materialise (down 1.4%)!
|
What happened Investors in three-dimensional printer-maker 3D Systems (NYSE: DDD) stock got a pleasant surprise this morning, when an upgrade from investment banker Piper Jaffray sparked a run on 3D stock and sent it up as much as 8.4% as of 1:35 p.m. EDT. Although Piper Jaffray did upgrade 3D Systems shares this morning, the upgrade only took 3D stock from "underweight" to "neutral." After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.
|
What happened Investors in three-dimensional printer-maker 3D Systems (NYSE: DDD) stock got a pleasant surprise this morning, when an upgrade from investment banker Piper Jaffray sparked a run on 3D stock and sent it up as much as 8.4% as of 1:35 p.m. EDT. Within that industry, however, Piper expressed more optimism about the prospects of 3D Systems rivals Voxeljet (NYSE: VJET) and Materialise NV (NASDAQ: MTLS) than it did about 3D Systems stock, per se. Now what Now here's what's really curious: In response to Piper Jaffray's announcement that (1) it thinks 3D Systems stock is worth less than investors are now paying for it, and (2) it thinks Voxeljet and Materialise offer better bargains, investors today are bidding up shares of 3D ... and selling off shares of Voxeljet (down 4.1%) and Materialise (down 1.4%)!
|
What happened Investors in three-dimensional printer-maker 3D Systems (NYSE: DDD) stock got a pleasant surprise this morning, when an upgrade from investment banker Piper Jaffray sparked a run on 3D stock and sent it up as much as 8.4% as of 1:35 p.m. EDT. Although Piper Jaffray did upgrade 3D Systems shares this morning, the upgrade only took 3D stock from "underweight" to "neutral." Now what Now here's what's really curious: In response to Piper Jaffray's announcement that (1) it thinks 3D Systems stock is worth less than investors are now paying for it, and (2) it thinks Voxeljet and Materialise offer better bargains, investors today are bidding up shares of 3D ... and selling off shares of Voxeljet (down 4.1%) and Materialise (down 1.4%)!
|
6d8abcd1-04af-4c15-9d0b-292ebf663641
|
716850.0
|
2018-10-21 00:00:00 UTC
|
What to Watch When 3D Systems Reports Earnings
|
DDD
|
https://www.nasdaq.com/articles/what-watch-when-3d-systems-reports-earnings-2018-10-21
|
nan
|
nan
|
3D Systems (NYSE: DDD) is slated to report its third-quarter 2018 earnings after the market closes on Tuesday, Oct. 30.
It's on track to be the first of the two big pure-play 3D printing companies to report, as Stratasys is scheduled to release its earnings on Nov. 1.
While it's pulled back since notching a 52-week high in late August, 3D Systems stock is still up 92.3% in 2018 through Oct. 19. The S&P 500 has returned 5.1% so far this year, while Stratasys stock has edged up 0.6%.
Key numbers
Here are the year-ago quarter's results to use as benchmarks.
Data source: 3D Systems and Yahoo! Finance.
Wall Street expects 3D Systems to deliver revenue of $171.9 million, representing growth of 12.4% year over year, and is projecting that adjusted EPS will flip from negative to positive and come in at $0.03. Long-term investors shouldn't place too much importance on the Street's near-term estimates, but they can be helpful to know, because they often help make sense out of market reactions.
3D Systems is going into its report on a solid note with respect to revenue growth. Last quarter , revenue rose 11% year over year, driven by strength in overall 3D printer sales and healthcare products and services. This performance represented a decent uptick from the first quarter's 6.1% year-over-year growth. Moreover, the consecutive increase was bigger than these numbers suggest, since the second quarter's revenue growth was entirely organic, while the first quarter's growth benefited from the company's acquisition of a dental materials maker in the first quarter of 2017.
The earnings story, however, hasn't been as positive. Last quarter, GAAP earnings per share were flat with the prior year's period, while adjusted EPS declined 25%. In the first quarter, the company's GAAP loss per share more than doubled, and on an adjusted basis, its results flipped to negative from positive.
The prior two quarters' numbers suggest that 3D Systems might be sacrificing some profit for increased sales. Solid revenue growth with earnings -- at least adjusted earnings -- at least flat with the year-ago period would be a good sign.
3D printer revenue
In the second quarter, 3D printer revenue soared 41% year over year, while the number of units sold jumped 37%. This performance represents an acceleration of the first quarter's revenue growth of 24%. The metric was roughly flat in the fourth quarter of 2017, after declining for several years. Two consecutive quarters of revenue growth like this would generally signal a strong rebound in demand for a company's products. Demand, however, might not be quite as robust as these metrics suggest for the reason previously mentioned: In the first half, profitability metrics, including gross margin, mostly decreased year over year, suggesting lower prices could be one factor in boosting sales.
3D printer sales accounted for just 22% of 3D Systems' total revenue in the second quarter, but this business has an outsize importance. 3D printers sales drive future sales of high-margin print materials.
Figure 4 sales
Investors should key in on sales of Figure 4 systems, including information shared on the earnings call about management's outlook for future sales. (Figure 4 is a fast, scalable stereolithography 3D printing system for producing small plastic parts.) Figure 4 is very important to the company's long-term success, as competitors -- namely, HP Inc. and venture-funded Carbon -- have launched speedy printers for producing plastic parts.
Last quarter, 3D Systems sold one system to the unnamed Fortune 50 company that had been beta-testing a system. In last quarter's earnings presentation, the company said that "[t]roughout the remainder of 2018, we expect to start shipping modular Figure 4 systems."
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) is slated to report its third-quarter 2018 earnings after the market closes on Tuesday, Oct. 30. In the first quarter, the company's GAAP loss per share more than doubled, and on an adjusted basis, its results flipped to negative from positive. Figure 4 is very important to the company's long-term success, as competitors -- namely, HP Inc. and venture-funded Carbon -- have launched speedy printers for producing plastic parts.
|
3D Systems (NYSE: DDD) is slated to report its third-quarter 2018 earnings after the market closes on Tuesday, Oct. 30. Last quarter, GAAP earnings per share were flat with the prior year's period, while adjusted EPS declined 25%. Solid revenue growth with earnings -- at least adjusted earnings -- at least flat with the year-ago period would be a good sign.
|
3D Systems (NYSE: DDD) is slated to report its third-quarter 2018 earnings after the market closes on Tuesday, Oct. 30. Moreover, the consecutive increase was bigger than these numbers suggest, since the second quarter's revenue growth was entirely organic, while the first quarter's growth benefited from the company's acquisition of a dental materials maker in the first quarter of 2017. 3D printer revenue In the second quarter, 3D printer revenue soared 41% year over year, while the number of units sold jumped 37%.
|
3D Systems (NYSE: DDD) is slated to report its third-quarter 2018 earnings after the market closes on Tuesday, Oct. 30. Last quarter , revenue rose 11% year over year, driven by strength in overall 3D printer sales and healthcare products and services. 3D printer revenue In the second quarter, 3D printer revenue soared 41% year over year, while the number of units sold jumped 37%.
|
c0bf92f0-f73b-4685-aae5-15e58ff7ad84
|
716851.0
|
2018-10-09 00:00:00 UTC
|
HP Upgrades Sprocket to Boost Presence in Printing Market
|
DDD
|
https://www.nasdaq.com/articles/hp-upgrades-sprocket-to-boost-presence-in-printing-market-2018-10-09
|
nan
|
nan
|
HP Inc.HPQ is bolstering its competitive position in the photo printing market through continued innovation. The company recently upgraded its HP Sprocket 2nd Edition, a pocket-sized portable photo printer.
The company had launched the Sprocket in 2016 aiming to tap the pocket printing space. The upgraded edition will enable multiple users to snap pictures on their mobile devices and immediately connect to the Sprocket and queue up their photos which they wish to print. In this edition, the print quality has also been enhanced.
Efforts in Printing Drive Growth
HP has been focusing on its profit-generating Printing Business for some time now. The segment's revenues constituted 35.6% of total revenues in the last reported quarter, up 11% year over year. Recently, HP announced that it expects at least 16% operating margin for the printing segment for fiscal 2019.
HP Inc. Revenue (TTM)
HP Inc. Revenue (TTM) | HP Inc. Quote
To give further boost to its Printing business, HP is increasing investments in A3 multifunction printers. Per management, the A3 business held a market share of 9.1% in the previous quarter. Although the growth rate is not expected to be the same every quarter, management believes that it is on track to achieve 12% market share by 2020.
Additionally, HP expects its upcoming acquisition of Europe's largest independent provider of print and document services, Apogee Corporation, to drive growth in contractual office print market.
It recently launched the new DesignJet Z large format photo printers, which is expected to be adopted widely and, in turn, boost revenues.
HP also announced upgrades across its Indigo Digital Press portfolio, and unveiled the HP SmartStream Collage - an automated variable design feature for HP Indigo printing - aimed to benefit converters.
The acquisition of Samsung Electronics' printer business (S-Print), completed last year, is believed to be a strategic move by HP to turn around the printer business. The S-Print business has more than 6,500 printing patents, which will help HP expand in the domain. All these will support development and manufacturing of HP printers, going forward.
Moreover, it will help the company gain market share from its Japanese rivals - Canon CAJ and Epson SEKEY - and control prices. Apart from this, the acquisition will also give HP access to Samsung's partners and strengthen its position across various geographies.
Notably, in the second quarter of 2018, the Indian printing market was dominated by HP, which sold 391,940 units and enjoyed 47% share.
The company recently added that the Printing segment is likely to outgrow the markets and gain significant share going forward.
Notably, per MarketsandMarkets, the global digital printing market is expected to reach $28.9 billion by 2023, at a CAGR of 4.48% between 2017 and 2023, driven mainly by growing demand for sustainable printing, development of packaging and textile industries, and reduction in per unit cost of printing with digital printers.
Zacks Rank & Another Key Pick
HP currently carries a Zacks Rank #2 (Buy).
Another top-ranked stock in the broader Computer and Technology industry is 3D Systems Corporation DDD , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth for 3D Systems is pegged at 23%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Canon, Inc. (CAJ): Free Stock Analysis Report
Seiko Epson Corp. (SEKEY): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Another top-ranked stock in the broader Computer and Technology industry is 3D Systems Corporation DDD , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Seiko Epson Corp. (SEKEY): Free Stock Analysis Report To read this article on Zacks.com click here. The upgraded edition will enable multiple users to snap pictures on their mobile devices and immediately connect to the Sprocket and queue up their photos which they wish to print.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Seiko Epson Corp. (SEKEY): Free Stock Analysis Report To read this article on Zacks.com click here. Another top-ranked stock in the broader Computer and Technology industry is 3D Systems Corporation DDD , sporting a Zacks Rank #1 (Strong Buy). The company recently upgraded its HP Sprocket 2nd Edition, a pocket-sized portable photo printer.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Seiko Epson Corp. (SEKEY): Free Stock Analysis Report To read this article on Zacks.com click here. Another top-ranked stock in the broader Computer and Technology industry is 3D Systems Corporation DDD , sporting a Zacks Rank #1 (Strong Buy). HP Inc. Revenue (TTM) HP Inc. Revenue (TTM) | HP Inc. Quote To give further boost to its Printing business, HP is increasing investments in A3 multifunction printers.
|
Another top-ranked stock in the broader Computer and Technology industry is 3D Systems Corporation DDD , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Seiko Epson Corp. (SEKEY): Free Stock Analysis Report To read this article on Zacks.com click here. The company recently upgraded its HP Sprocket 2nd Edition, a pocket-sized portable photo printer.
|
23623ad4-3d5a-4c30-9c6d-664a31a156e1
|
716852.0
|
2018-10-05 00:00:00 UTC
|
Is 3D Systems (DDD) Outperforming Other Computer and Technology Stocks This Year?
|
DDD
|
https://www.nasdaq.com/articles/is-3d-systems-ddd-outperforming-other-computer-and-technology-stocks-this-year-2018-10-05
|
nan
|
nan
|
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has 3D Systems (DDD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
3D Systems is a member of our Computer and Technology group, which includes 596 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. DDD is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for DDD's full-year earnings has moved 38.58% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, DDD has gained about 112.73% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 10.91% on a year-to-date basis. As we can see, 3D Systems is performing better than its sector in the calendar year.
To break things down more, DDD belongs to the Computer - Mini computers industry, a group that includes 3 individual companies and currently sits at #13 in the Zacks Industry Rank. This group has gained an average of 36.19% so far this year, so DDD is performing better in this area.
Investors in the Computer and Technology sector will want to keep a close eye on DDD as it attempts to continue its solid performance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Investors in the Computer and Technology sector will want to keep a close eye on DDD as it attempts to continue its solid performance. Has 3D Systems (DDD) been one of those stocks this year? DDD is currently sporting a Zacks Rank of #2 (Buy).
|
To break things down more, DDD belongs to the Computer - Mini computers industry, a group that includes 3 individual companies and currently sits at #13 in the Zacks Industry Rank. Has 3D Systems (DDD) been one of those stocks this year? DDD is currently sporting a Zacks Rank of #2 (Buy).
|
To break things down more, DDD belongs to the Computer - Mini computers industry, a group that includes 3 individual companies and currently sits at #13 in the Zacks Industry Rank. Has 3D Systems (DDD) been one of those stocks this year? DDD is currently sporting a Zacks Rank of #2 (Buy).
|
Has 3D Systems (DDD) been one of those stocks this year? DDD is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for DDD's full-year earnings has moved 38.58% higher within the past quarter.
|
8350d127-0356-4cd0-bec2-8afe62cfcb36
|
716853.0
|
2018-09-23 00:00:00 UTC
|
3D Systems vs. Stratasys: Which Had the Better Q2 Earnings Results?
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-vs-stratasys-which-had-better-q2-earnings-results-2018-09-23
|
nan
|
nan
|
Today we're going to compare the second-quarter 2018 results of the two leading 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . (You can read my earnings recaps on 3D Systems here and Stratasys here. )
There are several caveats -- most notably that qualitative factors can be just as meaningful as quantitative ones and one quarter is just one quarter. Nevertheless, the findings from this face-off should help you make investing decisions in the 3D printing space.
Revenue
Data sources: Q2 2018 earnings reports.
Advantage: 3D Systems.
3D Systems is the clear winner here. And it's worth noting that we're comparing apples to apples, since neither company made an acquisition within the past year.
Moreover, 3D Systems' revenue from sales of 3D printers jumped 41% year over year, while Stratasys' revenue from sales of 3D printers declined 8.2% year over year. This is a key metric to consider, because sales of 3D printers drive sales of high-margin print materials over the useful life of the printer.
GAAP earnings per share
Data sources: Q2 2018 earnings reports. GAAP = generally accepted accounting principles.
Advantage: Stratasys.
We can't directly compare EPS results, because the companies don't have the same number of shares outstanding.
Both companies are unprofitable on a GAAP basis, so neither is performing well. Stratasys, however, wins this category because its GAAP earnings notably improved, whereas 3D Systems' were unchanged.
Non-GAAP or adjusted EPS
Data sources: Q2 2018 earnings reports.
Advantage: Stratasys.
The same comment as before applies to directly comparing adjusted EPS results. Relative to the year-ago quarter's results, neither company did well, since both experienced declines. That said, Stratasys takes this category, since its percentage decline was lower.
GAAP gross margin
Data sources: Q2 2018 earnings reports.
Advantage: Stratasys.
Both companies had approximately the same gross margin, but Stratasys' gross margin was flat with the year-ago quarter, while 3D Systems' declined 180 basis points (1.8 percentage points), which is why Stratasys has the edge here.
Liquidity -- net cash on hand and operating cash flow
Data sources: Q2 2018 earnings reports.
Advantage: Stratasys.
Stratasys easily takes this category. It had about twice as much cash on hand as did 3D Systems at the end of the quarter. It also generated somewhat more cash from operations in the quarter, despite taking in slightly less revenue than 3D Systems.
Research and development spending
Data sources: Q2 2018 earnings reports.
Advantage: tie.
Both companies spent roughly the same percentage of their revenue on research and development. Investing in R&D is crucial in fast-evolving tech spaces.
Investors should keep an eye on 3D Systems' R&D spending, as it decreased 7% from the year-ago period despite the company's revenue increasing nearly 11%.
2018 guidance
Data sources: Q2 2018 earnings reports and conference calls.
Advantage: N/A.
We can't determine a winner here, since 3D Systems didn't provide a 2018 outlook.
The winner is... Stratasys.
Score: Stratasys: 4; 3D Systems: 1; tie: 1; N/A: 1.
Keep in mind that qualitative factors can be at least as important as quantitative ones and one quarter is just one quarter. Moreover, we didn't look at stock valuations.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Today we're going to compare the second-quarter 2018 results of the two leading 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Investors should keep an eye on 3D Systems' R&D spending, as it decreased 7% from the year-ago period despite the company's revenue increasing nearly 11%. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.
|
Today we're going to compare the second-quarter 2018 results of the two leading 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Moreover, 3D Systems' revenue from sales of 3D printers jumped 41% year over year, while Stratasys' revenue from sales of 3D printers declined 8.2% year over year. GAAP gross margin Data sources: Q2 2018 earnings reports.
|
Today we're going to compare the second-quarter 2018 results of the two leading 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Moreover, 3D Systems' revenue from sales of 3D printers jumped 41% year over year, while Stratasys' revenue from sales of 3D printers declined 8.2% year over year. Both companies had approximately the same gross margin, but Stratasys' gross margin was flat with the year-ago quarter, while 3D Systems' declined 180 basis points (1.8 percentage points), which is why Stratasys has the edge here.
|
Today we're going to compare the second-quarter 2018 results of the two leading 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Revenue Data sources: Q2 2018 earnings reports. GAAP earnings per share Data sources: Q2 2018 earnings reports.
|
a962e3f5-d540-4659-86de-c4180f4fd916
|
716854.0
|
2018-09-19 00:00:00 UTC
|
Is 3D Systems (DDD) Stock Outpacing Its Computer and Technology Peers This Year?
|
DDD
|
https://www.nasdaq.com/articles/is-3d-systems-ddd-stock-outpacing-its-computer-and-technology-peers-this-year-2018-09-19
|
nan
|
nan
|
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has 3D Systems (DDD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
3D Systems is one of 624 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. DDD is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for DDD's full-year earnings has moved 38.58% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, DDD has moved about 121.07% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 11.29% on a year-to-date basis. This means that 3D Systems is performing better than its sector in terms of year-to-date returns.
To break things down more, DDD belongs to the Computer - Mini computers industry, a group that includes 4 individual companies and currently sits at #1 in the Zacks Industry Rank. On average, this group has gained an average of 30.41% so far this year, meaning that DDD is performing better in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on DDD as it attempts to continue its solid performance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Within the past quarter, the Zacks Consensus Estimate for DDD's full-year earnings has moved 38.58% higher. Investors in the Computer and Technology sector will want to keep a close eye on DDD as it attempts to continue its solid performance. Has 3D Systems (DDD) been one of those stocks this year?
|
To break things down more, DDD belongs to the Computer - Mini computers industry, a group that includes 4 individual companies and currently sits at #1 in the Zacks Industry Rank. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Has 3D Systems (DDD) been one of those stocks this year?
|
To break things down more, DDD belongs to the Computer - Mini computers industry, a group that includes 4 individual companies and currently sits at #1 in the Zacks Industry Rank. Has 3D Systems (DDD) been one of those stocks this year? DDD is currently sporting a Zacks Rank of #2 (Buy).
|
Has 3D Systems (DDD) been one of those stocks this year? DDD is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for DDD's full-year earnings has moved 38.58% higher.
|
328fa0af-d44f-4c0d-9251-92f2c63f08db
|
716855.0
|
2018-09-18 00:00:00 UTC
|
New Tariffs on the Way
|
DDD
|
https://www.nasdaq.com/articles/new-tariffs-way-2018-09-18
|
nan
|
nan
|
We knew that President Trump wasn't going to keep sitting on new tariffs forever. Sooner or later, he was going to make good on his threat to impose another $200 billion worth on Chinese goods. The market thinks it's coming today. However, as of this writing, there's been no official announcement. You'll probably know more by the time this commentary is released.
As for Monday's session though, it didn't matter. Just the chance that these tariffs would become real was enough to put pressure on the major indices. The market was already preparing for something this week after the President mentioned on Friday that he was willing to proceed with the tariffs...and then the White House cemented it by saying an announcement was coming after the bell.
It was actually the NASDAQ that had the worst performance on Monday...by far. Tech has been rather iffy of late to begin with, and now the market is concerned how much Apple will be impacted by more tariffs. China is one of Apple's biggest markets, and so the world's most valuable company slipped more than 2.6%. The index plunged 1.43% to 7895.8.
The S&P's five-day winning streak is over, as is its stay above 2900. The index declined 0.56% on Monday to 2888.8. The Dow ended a four-day winning run with a slide of 0.35% to 26,062.1. Stocks are coming off a pretty good week that saw the NASDAQ and S&P each jump by more than 1%, while the Dow increased 0.9%.
For all the fears and uncertainties that these trade conflicts bring, stocks have been handling them well for the most part. But the market is wondering how long that can last, especially with most folks not seeing an end in sight anytime soon. And how would a new round of tariffs (and the likely retaliation) impact the possible talks we've been hearing about lately?
Get ready…it's going to be another "fun" week in the market.
Today's Portfolio Highlights:
Stocks Under $10: After so many days at the front of the top movers list, it feels kind of weird to be selling Funko (FNKO). However, the shorts have finally taken a bite out of this toymaker. Just a little while ago, the stock was up approximately 250% in the portfolio, but now about half of that is gone. Brian Bolan is not interested in holding this name any longer and would like to protect the gain remaining. He sold FNKO on Monday, leaving the portfolio with a still-impressive 130% return in just about 5 months.
Counterstrike: Unfortunately, it feels like the trade conflict with China is likely to escalate before it gets resolved. President Trump stands ready to impose $200 billion in tariffs at only 10%, which leaves plenty of room for both sides to continue raising the stakes. Jeremy wants a hedge against all this uncertainty, and so he added iPath S&P 500 VIX ST Futures ETN (VXX) on Monday with a 7% allocation. If the concerns prove to be unfounded and the S&P rallies to new highs, the editor would be happy to exit this position. Read the full write up for more on this move.
Black Box Trader: This week's adjustment included three swaps. The names that were sold today included:
• 3D Systems (DDD)
• Conduent Inc (CNDT)
• OGE Energy Corp (OGE)
The new buys that replaced these names are:
• DR Horton (DHI)
• NOW Inc (DNOW)
• Keysight Technologies (KEYS)
Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
Zacks Confidential: Knowing WHEN to buy a stock is just as important as knowing which stock to buy. Technical analysis provides the best chance to use time as an ally in your investing. Kevin Matras knows what you're thinking...TA is too difficult to understand! But Dave Bartosiak disagrees, which is why Kevin handed him the keys to this week's Zacks Confidential . Stop being intimidated by technical analysis and get three stock picks by clicking: Three Easy Steps to Stock Chart Success.
Insider Trader:"The trade jitters were back with a vengeance today as investors dumped the FAANG stocks and fled to safer pastures.
"An announcement is expected imminently outlining the $200 billion in Chinese tariffs that have been threatened for several months. Apparently, these may only be 10% tariffs and it's unclear on what items. There was some debate within the administration as to what would get hit.
"This is why Apple took a dive today because it's expected to be hit pretty hard by this round of tariffs.
"Let's see if the tariffs are actually announced today. Sometimes the anticipation of an event is worse than the actual event as far as the stock market is concerned." -- Tracey Ryniec
Have a Great Evening,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The names that were sold today included: • 3D Systems (DDD) • Conduent Inc (CNDT) • OGE Energy Corp (OGE) The new buys that replaced these names are: • DR Horton (DHI) • NOW Inc (DNOW) • Keysight Technologies (KEYS) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. The market was already preparing for something this week after the President mentioned on Friday that he was willing to proceed with the tariffs...and then the White House cemented it by saying an announcement was coming after the bell. Today's Portfolio Highlights: Stocks Under $10: After so many days at the front of the top movers list, it feels kind of weird to be selling Funko (FNKO).
|
The names that were sold today included: • 3D Systems (DDD) • Conduent Inc (CNDT) • OGE Energy Corp (OGE) The new buys that replaced these names are: • DR Horton (DHI) • NOW Inc (DNOW) • Keysight Technologies (KEYS) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. Click here to "test drive" Zacks Ultimate for FREE >> Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The names that were sold today included: • 3D Systems (DDD) • Conduent Inc (CNDT) • OGE Energy Corp (OGE) The new buys that replaced these names are: • DR Horton (DHI) • NOW Inc (DNOW) • Keysight Technologies (KEYS) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. Zacks Confidential: Knowing WHEN to buy a stock is just as important as knowing which stock to buy. Click here to "test drive" Zacks Ultimate for FREE >> Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The names that were sold today included: • 3D Systems (DDD) • Conduent Inc (CNDT) • OGE Energy Corp (OGE) The new buys that replaced these names are: • DR Horton (DHI) • NOW Inc (DNOW) • Keysight Technologies (KEYS) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. Tech has been rather iffy of late to begin with, and now the market is concerned how much Apple will be impacted by more tariffs. "This is why Apple took a dive today because it's expected to be hit pretty hard by this round of tariffs.
|
f58ff6cf-3f33-435b-a7c3-6f7d58d08291
|
716856.0
|
2018-09-13 00:00:00 UTC
|
Interesting DDD Put And Call Options For November 2nd
|
DDD
|
https://www.nasdaq.com/articles/interesting-ddd-put-and-call-options-november-2nd-2018-09-13
|
nan
|
nan
|
Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the November 2nd expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new November 2nd contracts and identified one put and one call contract of particular interest.
The put contract at the $16.50 strike price has a current bid of 20 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $16.50, but will also collect the premium, putting the cost basis of the shares at $16.30 (before broker commissions). To an investor already interested in purchasing shares of DDD, that could represent an attractive alternative to paying $18.85/share today.
Because the $16.50 strike represents an approximate 12% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 75%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.21% return on the cash commitment, or 8.85% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for 3D Systems Corp. , and highlighting in green where the $16.50 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $20.50 strike price has a current bid of 25 cents. If an investor was to purchase shares of DDD stock at the current price level of $18.85/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $20.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.08% if the stock gets called away at the November 2nd expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $20.50 strike highlighted in red:
Considering the fact that the $20.50 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.33% boost of extra return to the investor, or 9.68% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 170%, while the implied volatility in the call contract example is 165%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $18.85) to be 68%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $20.50 strike highlighted in red: Considering the fact that the $20.50 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the November 2nd expiration.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $20.50 strike highlighted in red: Considering the fact that the $20.50 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the November 2nd expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new November 2nd contracts and identified one put and one call contract of particular interest.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $20.50 strike highlighted in red: Considering the fact that the $20.50 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the November 2nd expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new November 2nd contracts and identified one put and one call contract of particular interest.
|
At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new November 2nd contracts and identified one put and one call contract of particular interest. Below is a chart showing DDD's trailing twelve month trading history, with the $20.50 strike highlighted in red: Considering the fact that the $20.50 strike represents an approximate 9% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the November 2nd expiration.
|
287a6c91-fdfa-4c44-92e9-b04ee05387ac
|
716857.0
|
2018-09-11 00:00:00 UTC
|
HP Boosts 3D Printing Position, Should SSYS, DDD, VJET Care?
|
DDD
|
https://www.nasdaq.com/articles/hp-boosts-3d-printing-position-should-ssys-ddd-vjet-care-2018-09-11
|
nan
|
nan
|
HP Inc.HPQ is bolstering its competitive position in the 3-D printing market through continued innovation. The company recently launched an advanced 3D printing technology - HP Metal Jet - that aids cost-effective high volume manufacturing of production-grade metal parts.
The company also launched the Metal Jet Production Service that allows customers to quickly imitate new 3D part designs, produce the final parts and incorporate the HP Metal Jet into their future production plans.
Innovative Portfolio Improves HP's Position
HP, which has a Zacks Rank #3 (Hold), has been gaining traction in the 3D printing market, driven by its innovative and expanding portfolio. In fiscal 2017, the company earned 36% of revenues from its printing business that includes 3D printing solutions.
Last year, HP launched Jet Fusion 3D Printing Solution in a bid to establish a stronger presence in this intensely competitive market, dominated by well-established players like Stratasys SSYS , 3D Systems DDD and Voxeljet VJET .
However, what sets HP's 3D printing solutions apart is the fact that unlike 3D Systems and Stratasys, which target all kinds of consumers, the company is emphasizing only on premium industrial markets.
The 3D printing technology is seeing a surge in popularity among major industries. With the robust adoption of the technology among major industries like aviation, healthcare and energy, this business is gaining serious traction, slowly but steadily trickling down to other industries as well.
To satisfy premium industrial customers, HP has collaborated with various companies like BMW, Nike and Autodesk ADSK with an aim to develop more advanced 3D printing technologies for a wide array of industrial use.
In this regard, HP Metal Jet is an important solution for the company due to rising demand for these kinds of 3D printing systems. Per Wohlers Report, approximately 1,768 metal 3D systems were sold in 2017 compared to 983 systems in 2016, reflecting an increase of nearly 80%.
Will HP Be Able to Dethrone Well-Established Players?
Per Gartner, the global 3D printing market is projected to be worth $17.7 billion by 2020. Top players like Stratasys, 3D Systems and Voxeljet, which already have a stronghold in the 3D printing business, are positioned to benefit immensely from the market's prospects.
However, HP is not far behind due to its expanding portfolio. This threatens the dominance of the market leaders. However, aggressive investments by these companies along with partnerships will make it significantly difficult for HP to gain an upper hand, at least in the near term.
Stratasys witnessed 4.8% growth in its consumables segment revenues in the last reported quarter. This growth was primarily driven by additional installations of the J700 Dental 3D Printer at dental labs, and strong utilization of installed base of 3D systems. The company also recently announced that its 3D printers will be used by automotive giant Audi. The stock currently carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Stratasys, Ltd. Revenue (TTM)
Stratasys, Ltd. Revenue (TTM) | Stratasys, Ltd. Quote
3D Systems, which has a Zacks Rank #2 (Buy), reported a whopping 41% increase in its printer revenues in the last reported quarter. Notably, printer unit sales surged 37% year over year. The company recently launched an e-commerce site for its new entry-level industrial printers, FabPro 1000. Its continued efforts to stay ahead in the market make it well positioned to take on the new competition thrown in by HP.
3D Systems Corporation Revenue (TTM)
3D Systems Corporation Revenue (TTM) | 3D Systems Corporation Quote
However, Voxeljet's top-line growth remained flat on a year-over-year basis. 3D system revenues represented 27.2% of total revenues compared to 37.4% in the year-ago quarter. The company recently launched new speciality materials for its High Speed Sintering line of 3D printers, which is expected to drive growth. The stock currently carries a Zacks Rank #4 (Sell).
voxeljet AG Revenue (TTM)
voxeljet AG Revenue (TTM) | voxeljet AG Quote
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
voxeljet AG (VJET): Free Stock Analysis Report
Autodesk, Inc. (ADSK): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Last year, HP launched Jet Fusion 3D Printing Solution in a bid to establish a stronger presence in this intensely competitive market, dominated by well-established players like Stratasys SSYS , 3D Systems DDD and Voxeljet VJET . Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Autodesk, Inc. (ADSK): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, what sets HP's 3D printing solutions apart is the fact that unlike 3D Systems and Stratasys, which target all kinds of consumers, the company is emphasizing only on premium industrial markets.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Autodesk, Inc. (ADSK): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Last year, HP launched Jet Fusion 3D Printing Solution in a bid to establish a stronger presence in this intensely competitive market, dominated by well-established players like Stratasys SSYS , 3D Systems DDD and Voxeljet VJET . Stratasys, Ltd. Revenue (TTM) Stratasys, Ltd. Revenue (TTM) | Stratasys, Ltd. Quote 3D Systems, which has a Zacks Rank #2 (Buy), reported a whopping 41% increase in its printer revenues in the last reported quarter.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Autodesk, Inc. (ADSK): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Last year, HP launched Jet Fusion 3D Printing Solution in a bid to establish a stronger presence in this intensely competitive market, dominated by well-established players like Stratasys SSYS , 3D Systems DDD and Voxeljet VJET . Stratasys, Ltd. Revenue (TTM) Stratasys, Ltd. Revenue (TTM) | Stratasys, Ltd. Quote 3D Systems, which has a Zacks Rank #2 (Buy), reported a whopping 41% increase in its printer revenues in the last reported quarter.
|
Last year, HP launched Jet Fusion 3D Printing Solution in a bid to establish a stronger presence in this intensely competitive market, dominated by well-established players like Stratasys SSYS , 3D Systems DDD and Voxeljet VJET . Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report voxeljet AG (VJET): Free Stock Analysis Report Autodesk, Inc. (ADSK): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. The company recently launched an advanced 3D printing technology - HP Metal Jet - that aids cost-effective high volume manufacturing of production-grade metal parts.
|
e3f79e58-8da6-4182-9773-01fba16a83ee
|
716858.0
|
2018-09-06 00:00:00 UTC
|
3D Systems (DDD) Up 6.8% Since Last Earnings Report: Can It Continue?
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-up-6.8-since-last-earnings-report%3A-can-it-continue-2018-09-06
|
nan
|
nan
|
It has been about a month since the last earnings report for 3D Systems (DDD). Shares have added about 6.8% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is 3D Systems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
3D Systems reported non-GAAP earnings of 6 cents per share for second-quarter 2018 compared with 8 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at breakeven.
This 3D printer maker reported revenues of $176.6 million in the quarter, reflecting a year-over-year increase of 10.7%. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line. Moreover, revenues beat the Zacks Consensus Estimate of $166 million.
Management notes that growth in the company's legacy products, its go-to-market strategy and improvement in customer engagement were the key growth drivers.
The potential launch of products in second half of 2019 makes management optimistic.
Quarter Details
3D Systems' Healthcare revenues were up 26% to $61.4 million year over year, driven by growth across all categories. Notably, the company's on-demand manufacturing revenues were up 6% to $27.4 million, helped by its investments in facilities, customer experience and technology.
Software revenues remained flat year over year at $24.1 million. Material revenues increased 3% to $45 million. Printer revenues increased 41% and came in at $39.2 million. Meanwhile, printer unit sales surged 37% on increase in both production and professional unit sales.
Geographically, the company witnessed 6% growth in Americas and Europe and 38% in Asia Pacific. The change in management in Japan was accretive to growth.
In the reported quarter, non-GAAP gross margin contracted 170 basis points on a year-over-year basis to 48.9%. The decline was mainly due to unfavorable sales mix and increased investment in services, and on-demand manufacturing, which more than offset the cost-reduction benefits achieved from ongoing supply-chain initiatives.
In the reported quarter, the company's non-GAAP operating expenses rose 12% to $79 million, as SG&A (up 22%) expenses rose significantly, driven by the company's persistent investment in go-to-market, IT transformation, higher compensation cost and legal expense. Non-GAAP R&D expense declined 8% in the quarter.
Cash Flow and Balance Sheet
3D Systems ended the second quarter with cash and cash equivalents of $119.3 million, down from $126.1 million as of the previous quarter. During the quarter, the company generated $10.7 million of cash from operational activities.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed an upward trend in fresh estimates. The consensus estimate has shifted 33.33% due to these changes.
VGM Scores
At this time, 3D Systems has a nice Growth Score of B, however its Momentum Score is doing a bit better with an A. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise 3D Systems has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
It has been about a month since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
|
It has been about a month since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line.
|
It has been about a month since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Quarter Details 3D Systems' Healthcare revenues were up 26% to $61.4 million year over year, driven by growth across all categories.
|
It has been about a month since the last earnings report for 3D Systems (DDD). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. This 3D printer maker reported revenues of $176.6 million in the quarter, reflecting a year-over-year increase of 10.7%.
|
8ef63464-9bf2-4f42-8e25-b67a4013653c
|
716859.0
|
2018-09-06 00:00:00 UTC
|
NetApp (NTAP) Hits Fresh High: Is There Still Room to Run?
|
DDD
|
https://www.nasdaq.com/articles/netapp-ntap-hits-fresh-high%3A-is-there-still-room-to-run-2018-09-06
|
nan
|
nan
|
Have you been paying attention to shares of NetApp (NTAP)? Shares have been on the move with the stock up 0.4% over the past month. The stock hit a new 52-week high of $88.08 in the previous session. NetApp has gained 50.6% since the start of the year compared to the 11.4% move for the Zacks Computer and Technology sector and the 8.8% return for the Zacks Computer- Storage Devices industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 15, 2018, NetApp reported EPS of $1.04 versus consensus estimate of $0.8.
For the current fiscal year, NetApp is expected to post earnings of $4.42 per share on $6.28 billion in revenues. This represents a 27.38% change in EPS on a 6.16% change in revenues. For the next fiscal year, the company is expected to earn $4.93 per share on $6.56 billion in revenues. This represents a year-over-year change of 11.37% and 4.61%, respectively.
Valuation Metrics
NetApp may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
NetApp has a Value Score of D. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 18.8X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 21.8X versus its peer group's average of 11.3X. Additionally, the stock has a PEG ratio of 1.33. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, NetApp currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if NetApp meets the list of requirements. Thus, it seems as though NetApp shares could still be poised for more gains ahead.
How Does NetApp Stack Up to the Competition?
Shares of NetApp have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? Some of its industry peers are also impressive, including Qumu (QUMU), TransAct Technologies (TACT), and 3D Systems (DDD), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices.
The Zacks Industry Rank is in the top 12% of all the industries we have in our universe, so it looks like there are some nice tailwinds for NetApp, even beyond its own solid fundamental situation.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NetApp, Inc. (NTAP): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Qumu Corporation (QUMU): Free Stock Analysis Report
TransAct Technologies Incorporated (TACT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Some of its industry peers are also impressive, including Qumu (QUMU), TransAct Technologies (TACT), and 3D Systems (DDD), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Click to get this free report NetApp, Inc. (NTAP): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Qumu Corporation (QUMU): Free Stock Analysis Report TransAct Technologies Incorporated (TACT): Free Stock Analysis Report To read this article on Zacks.com click here. For the current fiscal year, NetApp is expected to post earnings of $4.42 per share on $6.28 billion in revenues.
|
Click to get this free report NetApp, Inc. (NTAP): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Qumu Corporation (QUMU): Free Stock Analysis Report TransAct Technologies Incorporated (TACT): Free Stock Analysis Report To read this article on Zacks.com click here. Some of its industry peers are also impressive, including Qumu (QUMU), TransAct Technologies (TACT), and 3D Systems (DDD), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. In terms of its value breakdown, the stock currently trades at 18.8X current fiscal year EPS estimates.
|
Click to get this free report NetApp, Inc. (NTAP): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Qumu Corporation (QUMU): Free Stock Analysis Report TransAct Technologies Incorporated (TACT): Free Stock Analysis Report To read this article on Zacks.com click here. Some of its industry peers are also impressive, including Qumu (QUMU), TransAct Technologies (TACT), and 3D Systems (DDD), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Zacks Rank We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front.
|
Some of its industry peers are also impressive, including Qumu (QUMU), TransAct Technologies (TACT), and 3D Systems (DDD), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Click to get this free report NetApp, Inc. (NTAP): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Qumu Corporation (QUMU): Free Stock Analysis Report TransAct Technologies Incorporated (TACT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Rank We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front.
|
37a1f097-9972-4693-ac0a-e3914dcb480c
|
716860.0
|
2018-09-03 00:00:00 UTC
|
Is 3D Systems (DDD) Outperforming Other Computer and Technology Stocks This Year?
|
DDD
|
https://www.nasdaq.com/articles/is-3d-systems-ddd-outperforming-other-computer-and-technology-stocks-this-year-2018-09-03
|
nan
|
nan
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks.
3D Systems is one of 625 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. DDD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for DDD's full-year earnings has moved 28.19% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, DDD has moved about 143.52% on a year-to-date basis. Meanwhile, stocks in the Computer and Technology group have gained about 13.40% on average. This shows that 3D Systems is outperforming its peers so far this year.
Looking more specifically, DDD belongs to the Computer - Mini computers industry, a group that includes 4 individual stocks and currently sits at #11 in the Zacks Industry Rank. Stocks in this group have gained about 35.17% so far this year, so DDD is performing better this group in terms of year-to-date returns.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to DDD as it looks to continue its solid performance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks. DDD is currently sporting a Zacks Rank of #2 (Buy).
|
Looking more specifically, DDD belongs to the Computer - Mini computers industry, a group that includes 4 individual stocks and currently sits at #11 in the Zacks Industry Rank. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers?
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? Looking more specifically, DDD belongs to the Computer - Mini computers industry, a group that includes 4 individual stocks and currently sits at #11 in the Zacks Industry Rank. One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks.
|
One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks. According to our latest data, DDD has moved about 143.52% on a year-to-date basis. Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers?
|
e7d45789-d68a-4d3d-a96b-377028f71cb2
|
716861.0
|
2018-09-02 00:00:00 UTC
|
Why 3D Systems Stock Soared 67% in August
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-stock-soared-67-august-2018-09-02
|
nan
|
nan
|
What happened
Shares of 3D Systems (NYSE: DDD) rocketed 67.2% in August, according to data from S&P Global Market Intelligence. This brings the 3D printing company's year-to-date 2018 return to 136% through Friday, Aug. 31.
For context, shares of main rival Stratasys climbed 28.5% in August and are up 25% so far in 2018. The S&P 500 returned 3.3% last month and has returned 9.9% so far this year.
So what
We can attribute 3D Systems stock's strong August performance to the company's release of second-quarter 2018 results on Aug. 7 that were better than what Wall Street and many investors were expecting.
For the quarter, 3D Systems' revenue increased nearly 11% year over year to $176.6 million. On a GAAP basis, the company's loss per share was flat with the year-ago period at $0.08, and, on an adjusted basis, its earnings per share (EPS) declined 25% to $0.06.
Wall Street analysts had been projecting adjusted EPS of $0.01 on revenue of $165.9 million, so the company beat the top-line consensus and crushed the bottom-line expectation.
Now what
There's no need for investors to change whatever investing course they've chosen with respect to 3D Systems.
That said, the market overreacted too positively, in my opinion, to the company's Q2 results. Revenue increased solidly, with revenue from sales of 3D printers particularly encouraging, jumping 41% year over year. But the all-important bottom-line result was unchanged on a GAAP basis and declined by 25% on an adjusted basis. Moreover, the company is not profitable on a GAAP basis.
Cautious optimism seems warranted, but unrestrained giddiness doesn't.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D Systems (NYSE: DDD) rocketed 67.2% in August, according to data from S&P Global Market Intelligence. So what We can attribute 3D Systems stock's strong August performance to the company's release of second-quarter 2018 results on Aug. 7 that were better than what Wall Street and many investors were expecting. Wall Street analysts had been projecting adjusted EPS of $0.01 on revenue of $165.9 million, so the company beat the top-line consensus and crushed the bottom-line expectation.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of 3D Systems (NYSE: DDD) rocketed 67.2% in August, according to data from S&P Global Market Intelligence. For the quarter, 3D Systems' revenue increased nearly 11% year over year to $176.6 million.
|
What happened Shares of 3D Systems (NYSE: DDD) rocketed 67.2% in August, according to data from S&P Global Market Intelligence. So what We can attribute 3D Systems stock's strong August performance to the company's release of second-quarter 2018 results on Aug. 7 that were better than what Wall Street and many investors were expecting. On a GAAP basis, the company's loss per share was flat with the year-ago period at $0.08, and, on an adjusted basis, its earnings per share (EPS) declined 25% to $0.06.
|
What happened Shares of 3D Systems (NYSE: DDD) rocketed 67.2% in August, according to data from S&P Global Market Intelligence. On a GAAP basis, the company's loss per share was flat with the year-ago period at $0.08, and, on an adjusted basis, its earnings per share (EPS) declined 25% to $0.06. That said, the market overreacted too positively, in my opinion, to the company's Q2 results.
|
36f5fefa-7c6b-45a8-89d3-730438ed08d3
|
716862.0
|
2018-08-30 00:00:00 UTC
|
Does Growing Use of 3D Printing in Healthcare Make This Stock a Buy?
|
DDD
|
https://www.nasdaq.com/articles/does-growing-use-3d-printing-healthcare-make-stock-buy-2018-08-30
|
nan
|
nan
|
3D printers are crafting increasingly precise medical instruments and appliances for hip surgery, knee surgery, and dentistry, while 3D simulators and anatomical models are increasingly being used to prepare the next generation of surgeons. Does healthcare's growing use of 3D solutions make 3D Systems ' (NYSE: DDD) stock worth buying?
In this episode of The Motley Fool's Industry Focus: Healthcare , analyst Kristine Harjes is joined by contributor Todd Campbell to explain how 3D printing is revolutionizing healthcare, and why the industry is so important to 3D Systems' future.
A full transcript follows the video.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
This video was recorded on Aug. 29, 2018.
Kristine Harjes: Welcome to Industry Focus , the podcast that dives into a different sector of the stock market every day. Today is August 29th, and we'll be talking Healthcare . I'm your host, Kristine Harjes, and I'm joined by fool.com contributor Todd Campbell via Skype. Todd, welcome back from vacation! How was it?
Todd Campbell: It was great! I went to Seattle, took the family to Seattle. My son is living out there right now, until early next year. I figured this was a great opportunity to go to the West Coast, enjoy some fantastic coffee, and visit some of their breweries.
Harjes: That sounds wonderful!
Campbell: Quick shout out to anyone living in the Seattle area -- Fremont Brewery was just phenomenal!
Harjes: Awesome. That's one of my favorite things to do when I travel, go to different breweries. It's always a good local crowd. You can talk to the people that actually made the beer. It's just one of my favorite things to do on vacation.
Campbell: Yeah, me too. Me too. It was a great time. A little hazy, though. The wildfires in California, the cascades were trapping on a lot of the smoke. That was a little bit of a bummer. We weren't able to get a really good view of Rainier or from the Space Needle or anything, it was too overcast.
Harjes: That's too bad. It sounds like you had some good indoor fun.
Campbell: Yeah. Next time! I'll do those things next time!
Harjes: You'll be back. Anywho, today's episode is going to be all about 3D printing and, of course, because this is the Healthcare show, its application to the medical industry. Let's start with a quick primer about the technology.
Campbell: It's kind of cool to be talking about this again. It's been a few years.
Harjes: Yeah, this probably sounds like a blast from the past, and, potentially, for some investors, it probably is a painful memory. I personally got a little bit burned on 3D printing stocks. This is a technology that had the cart in front of the horse a few years back, especially with a lot of these stocks with crazy valuations. That bubble more or less burst. But it's still a technology that is being developed. It's pretty cool. It's starting to have some really legitimate applications. And, of course, it has some stuff that it's working on in the healthcare industry.
Campbell: A little 3D printing history. The first 3D printers were launched back in the 1980s. One of the first patents ever recorded for this technology was actually done by one of the companies we're going to talk about later in the show. The technology has been around a while. But the early generation, even up through 2010, there were drawbacks to them. It was hard to construct really complex, durable products using these things.
Just to give people a little primer, what exactly is 3D printing, in case you're not familiar with the story. I think it's probably helpful to understand how we make things today. That can be a good starting point. When we make things today, currently, in a manufacturing setting, we're using a subtractive process. Picture this big block of material, and we're carving that block down into an item. As you can imagine, in doing that, you generate a lot of waste. You're not using everything in that block, you're only using whatever is going to be remaining for that product. 3D printing turns that concept upside down. Rather than subtracting from a big block, they're adding, in successive layers, material, one on top of the other, to create some sort of an item. You can see, by flipping that upside down and using a 3D printing model, why it might be attractive to some manufacturers. They're able to look at it and say, "Wow, if I can reduce all of this waste from my current manufacturing process by using 3D printing, this layer upon layer process, only using what I need in materials, that could save me a lot of money over time."
There are multiple ways that 3D printers work. You can have the material in a liquid resin. You can have the material that's added layer by layer in powder form. The way that each layer is connected to each successive layer may include the use of binders. It could use lasers that fuse together to make a durable layer, each successive layer. Or, it can use light and heat to cure the resin or whatever the material is, to develop the item that way. There's a few different approaches to 3D printing.
I think what's really important for people to understand is that this is an additive manufacturing process. And, the materials that you can use, traditionally, typically, are going to be things like plastics, waxes, and maybe metal powders like aluminum or stainless steel.
Harjes: If it sounds like a very wide-ranging technology, that's because it is. There are super high-end 3D printers. There are also pretty cheap home printers that folks like you and I could use almost like a toy, if we wanted to. Really, everything ranging from frivolous usage of 3D printers all the way to really important and meaningful use of very complex and advanced high-end 3D printers. When we're talking about the application to healthcare, that's really what we're looking at. We're looking at things from bio-printing and potentially making human organs to making personalized prosthetics. There are so many different ways that the medical field is using 3D printing.
Campbell: I think one of the things that's most intriguing to me in the application of 3D printing in healthcare is the ability to generate customized products for each specific patient. What I'm thinking about there, let's use prosthetics as a starting point for that discussion. Each individual person is going to have slightly different bone structure, joint structure, whatever. It's going to make their gait slightly different, the way they stand slightly different, the way they carry their weight, everything. Currently, the way that we produce prosthetics ... we can be pretty good, but we can't be precise. What 3D printing allows people to do is take precise measurements and analyze, in a 3D simulation, how a person's structure is, and then be able to design a prosthetic that is very similar to what they had previously. That's a huge advance for patients. Again, you reduce your pain and you reduce fatigue, you improve quality of life. That's one example. `
You can also then extrapolate that further out and say, well, how would it be used more commonly in medical? I think that now, you're looking at things like hip replacement, knee replacement, joint replacement type surgeries, which are incredibly common and getting more and more common as baby boomers stay active and live longer, and there are more of them.
Harjes: What's really cool about that is, a lot of times, when you get an advancement in quality of care, it's more expensive. We talk a lot about these very expensive cancer treatments on the show all the time. But in the case of 3D printing, it's actually bringing costs down because you're able to do the 3D building of the actual device not using this subtractive manufacturing style that is incredibly wasteful of material.
Campbell: Yeah, and you can take it one step further, too. You're talking about improving the entire surgical process. By mapping out each individual patient, you're then able to create models that you can use and do simulated surgeries beforehand, you can create surgical guides that are specific to each patient, which can speed the surgery and reduce recovery time. I mean, theoretically, people are developing systems now for knee replacement where you could go in in the morning and come out in the afternoon in just an outpatient setting because of the ability to have these advances in the way you do surgery.
You're also seeing 3D application, because of this integration of both the software, by doing the modeling, with 3D modeling, you're then able to produce the 3D product. The 3D modeling produces software, the software is put into the printer, the printer prints out the device. Well, at each step there, you're able to create advances in the procedure that can improve patient outcomes. Just to go back quickly to the use of, say, 3D printing for hip cups and hip surgery, or surgical guides and knee replacement surgery -- that's a major, major market. We're doing over 300,000 hip replacements in the U.S. per year right now, and we're doing over 700,000 knee replacements per year as well.
Harjes: This can also be used to train surgeons, not even specifically for, you know, Todd Campbell's hip replacement, practicing on an actual model of his body; but, if you're in school. Just being able to work with really, really good replicas of the human anatomy is very cool for ramping up surgeons even faster and with even better experience as they train.
Campbell: Absolutely, creating those models, say, of your heart, if you've got a complex surgery, a complex case. Especially for these dangerous surgeries, having that model ahead of time and being able to experiment in your surgical process beforehand, that's pretty transformative.
Harjes: There are also devices being made as well, particularly in dentistry. You see dentists being able to make retainers and dentures and crowns, all to spec for that specific patient, and being able to do it faster and cheaper and with more precision. Hearing aids is another big one. You can make better hearing aids that are really custom-suited for the patient themselves. That is a huge market, as well.
Campbell: The dentistry, I'd say that's where 3D printing has become most penetrated. They've made huge advances in that. As an aside, you can use 3D printing to create the molds and stuff to help with clear aligners for orthodontia work. You can use it to help create dentures, to help create crowns. If you look at just the dentures market, there's 37 million people that are expected to be wearing full dentures by the year 2020. Again, an aging population playing into the greater demand for dental products.
Harjes: Yep. One more that I want to mention is bio-printing, which is recreating human body parts like blood vessels and organs. While the technology is not quite there yet, that could one day replace something like an organ transplant.
Campbell: That's a fascinating concept. We could be decades away from that. But the concept is fantastic! Think about that for a second. You're talking about eliminating the waitlist for transplants.
Harjes: Yeah, that is absolutely incredible. There are applications of 3D printing in healthcare that are currently out there and being used a lot. And then, there are ones that are a dream, they're a little bit farther away. Bio-printing is definitely in that latter category.
But, as an investor, there are ways that you can already get into this space. One stock that we wanted to highlight is 3D Systems, ticker DDD.
Campbell: DDD is the company that I alluded to earlier on. It was founded back in the early 90s. The founder of the company actually was one of the first filers of patents for 3D technology. They offer printers that span the entire range, either working with powders or working with liquids, using light, using lasers. They're taking it from an industrial perspective -- for example, creating these huge 3D printers that can be used in manufacturing, anything from aircraft parts to whatever. They also have make personal at-home printers, as well, with the goal of one day being able to allow everybody to have one of these printers in the house. If you break a glass, you can just create your own glass by pressing a button.
One of the reasons that we're talking about 3D Systems today is because, over the course of the last eight years, they've been spending a lot of money on doing acquisitions to turn themselves into a big player in 3D printing for healthcare. As we stand today, healthcare represents or accounts for about 35% of their revenue.
Harjes: And importantly, it is driving their revenue growth. It's about one-third of their business, but the healthcare solutions segment itself grew revenue 26% in the last quarter, up to $61.4 million. That was really what was behind their overall revenue growth of 11% when you look at the prior quarter.
Campbell: Right. We talk about razors and blades on the show a lot, the concept of being able to sell some item that produces something that uses a consumable that will drive revenue in the future. 3D Systems has a razor and blade model, when you think about it. You're saying, "OK, I'm going to sell this 3D printer. Then, I'm also going to sell you the 'ink,'" kind of like HP printers that you use in your home. OK, great, I bought the printer, but now I have to buy the ink cartridges over and over again. Those can be very profitable.
This is still a very young thing. I don't think I know anyone who has a 3D printer in their home. Nobody jumps out at me, yet. They're still very nascent in the at-home use. But we are seeing the use, again, pick up in industries like dentistry, and in hospitals for surgery and simulation. That's really where 3D Systems is making a lot of its money, in that healthcare segment. If you look at the 26% growth that you highlighted, that helped increase the percentage of revenue that they get from healthcare from 30% to 35%. You can see it's becoming a bigger and bigger proportion of the company's revenue. With the business growing 26%, and this being a global business -- you can sell in Asia, you can sell in Europe, you can sell here in the U.S. It's not just limited here to the U.S.
I think this is a really intriguing stock if you're interested in 3D printing and you're interested in the applications in healthcare This is a good way to play it, because they have a pretty good presence in dentistry and also in surgical simulation and in models.
Harjes: Yeah, and they're announcing new capabilities, it seems like, every single day. One that stood out to me was, in June, they announced the availability of an on-demand anatomical modeling service for people in the medical profession. Basically, how this works is, you upload a 3D model file to this on-demand service, and you get to pick what material you want to actually use. You can receive an instant quote, and within five business days, have that model in your hands. It's pretty sweet.
Campbell: Yeah, the on-demand stuff that they're doing is almost like an introduction, to get people introduced and addicted [laughs] to the concept of using 3D printing in their process. I think that's pretty exciting.
The other thing that's really interesting, and investors want to keep eyes on over the course of the next year, is whether or not they sell a lot of their latest dental printer, which is the NextDent 5100. The NextDent 5100 is being marketed as a much faster solution that also can use a lot more different materials. That would be important, too, as far as making durable dentures, durable teeth, durable temporary crowns, that thing.
Harjes: And it's worth noting, too, with 3D Systems, that they're not just doing stuff in healthcare. As we mentioned, that's only one-third of their business. If you're interested in the stock, definitely check out some of the stuff that they're doing in aerospace and in automotive. They definitely have a pretty wide reach with the application of this technology.
Campbell: Yeah, and with the Simbionix brand that they have, that's a healthcare simulation, surgical simulation. They actually are helping train doctors on robotic surgery using that platform, which is cool, too. We've talked about robotic surgery and how that's gaining a lot of momentum and winning a lot of use. You don't want to tie up the OR in these expensive machines. Being able to have simulated robotic surgery systems in place that you can train new doctors on without tying up that OR for that training, that's pretty cool, too.
Harjes: Yeah, that's awesome. I was previously a shareholder of 3D Systems. I sold it after my investing thesis seemed to have collapsed. I don't know. I am wary to buy shares again because I got so burned. What do you think, Todd? Is this an interesting stock to you?
Campbell: I've owned it a long time. It's part of a core long-term growth portfolio for me. I intend to hold it for decades. I have no idea if I'll end up making money on it or not. I think that the potential to reshape how we manufacture and distribute goods using 3D printing is massive. In my brain, I'm always thinking of the Star Trek replicators. If the future is on-demand items or on-demand products, 3D printing could help get us there. Granted, we're a long way from that kind of penetration. But I think that it's compelling enough to make it warrant a small slice of my long-term growth portfolio.
As far as the company in particular, their profit has been inconsistent, but they don't lose a ton of money. They don't have a lot of debt. I look at this stock and I say, I think we've rallied from its low to about $20, something like that. Yeah, it's expensive, I suppose, if you're looking at traditional metrics like the P/E ratio. But, I don't know, 3.5X sales, that's not horrible for a company that theoretically could revolutionize industries.
Harjes: I think the lesson that I will draw out of my failure of an investment in them is, just be a little bit more patient. This is a technology that seems very promising. Who knows if 3D Systems will be the stock to play the space? But they're doing a lot of really interesting stuff. I know I'm definitely going to take a look at what they're doing in sectors outside of healthcare, as well, to consider reinvesting in them.
Campbell: Sounds good!
Harjes: As always, people on the program may have interests in the stocks that they talk about, and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. Today's show was produced by Austin Morgan. For Todd Campbell, I'm Kristine Harjes. Thanks for listening and Fool on!
Kristine Harjes has no position in any of the stocks mentioned. Todd Campbell owns shares of 3D Systems. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Does healthcare's growing use of 3D solutions make 3D Systems ' (NYSE: DDD) stock worth buying? One stock that we wanted to highlight is 3D Systems, ticker DDD. Campbell: DDD is the company that I alluded to earlier on.
|
Does healthcare's growing use of 3D solutions make 3D Systems ' (NYSE: DDD) stock worth buying? One stock that we wanted to highlight is 3D Systems, ticker DDD. Campbell: DDD is the company that I alluded to earlier on.
|
Does healthcare's growing use of 3D solutions make 3D Systems ' (NYSE: DDD) stock worth buying? One stock that we wanted to highlight is 3D Systems, ticker DDD. Campbell: DDD is the company that I alluded to earlier on.
|
Does healthcare's growing use of 3D solutions make 3D Systems ' (NYSE: DDD) stock worth buying? One stock that we wanted to highlight is 3D Systems, ticker DDD. Campbell: DDD is the company that I alluded to earlier on.
|
443dbd3e-0c42-4bb9-ac7d-8968d61f36c7
|
716863.0
|
2018-08-22 00:00:00 UTC
|
3D Systems (DDD) Jumps: Stock Rises 6.1%
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-jumps%3A-stock-rises-6.1-2018-08-22
|
nan
|
nan
|
3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 44.1% in the past one-month time frame.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for 3D Systems. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
3D Systems currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
3D Systems Corporation Price
3D Systems Corporation Price | 3D Systems Corporation Quote
Another stock worth considering in the Computer - Mini computers industry is Apple Inc. AAPL which carries a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Is DDD going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Apple Inc. (AAPL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 6% on the day. Is DDD going up? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 6% on the day. Is DDD going up?
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 6% on the day. Is DDD going up?
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 6% on the day. Is DDD going up?
|
1db6b680-de15-414c-b85c-58899bdac132
|
716864.0
|
2018-08-21 00:00:00 UTC
|
Apple to Introduce Low-Cost Laptop, High Performance Desktop
|
DDD
|
https://www.nasdaq.com/articles/apple-to-introduce-low-cost-laptop-high-performance-desktop-2018-08-21
|
nan
|
nan
|
AppleAAPL is reportedly coming up with a new version of its laptop, MacBook Air. The laptop will have "thinner bezels around the screen." The display will have a higher resolution Retina version and the screen will be around 13 inches.
The current MacBook Air, which is priced at $1,000, has been performing better than its other laptops like MacBook Pro. MacBook Air's affordable price and user-friendly ports like SD card reader and USB connector are the primary features driving its popularity.
Per Bloomberg, the new range of MacBook Air will be targeted toward consumers looking for lower-priced Apple laptops as well as educational institutions, which buy products in bulk. It is expected to have an October release.
Additionally, per sources, Apple is also looking at upgrading its desktop, Mac mini with higher processing speed and improved storage. With the implementation of the plan, the desktop will get its first update since 2014.
Will Upgrades be Helpful?
Apple, which was once a dominant player in the EdTech industry, lost its share to Alphabet's GOOGL lower-priced Chromebook.
Per Future Consulting, Apple had 50% share of the education market in 2012 while Google with its nascent Chromebook had merely 1%. By 2015, the tables had turned with Google holding 50% of market share.
We believe that these new updates will help the company to put up a fight in the EdTech market as the company is targeting educational institutions for the new version of the laptop. Apart from this particular market, the products are also expected to do become popular among other users.
To Conclude
The upgraded versions of the devices are expected to drive demand, resulting in impressive financials for the company, which, in turn, will drive shares. Apple stock has returned 27.3% on a year-to-date basis, outperforming the 26.6% rise of the industry .
Apple is also gaining from robust iPhone sales as well as continued momentum in the Services segment. Higher average selling price (ASP) is driving iPhone revenues. The Services segment has become the new cash cow for Apple and is expected to grow strongly driven by increasing adoption of Apple Music & Apple Pay.
We believe that, going ahead, strong demand for Apple Watch and the company's foray into AR/VR & AI technologies will aid this Zacks Rank #2 (Buy) stock's performance.
Key Picks
Some other top-ranked stocks in the technology sector include Amazon AMZN and 3D Systems Corporation DDD . While Amazon sports a Zacks Rank #1 (Strong Buy), 3D Systems has a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
The long-term earnings growth rate for Amazon and 3D Systems is projected to be 26.5% and 27.5%, respectively.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Alphabet Inc. (GOOGL): Free Stock Analysis Report
Apple Inc. (AAPL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Key Picks Some other top-ranked stocks in the technology sector include Amazon AMZN and 3D Systems Corporation DDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. MacBook Air's affordable price and user-friendly ports like SD card reader and USB connector are the primary features driving its popularity.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some other top-ranked stocks in the technology sector include Amazon AMZN and 3D Systems Corporation DDD . While Amazon sports a Zacks Rank #1 (Strong Buy), 3D Systems has a Zacks Rank #2.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some other top-ranked stocks in the technology sector include Amazon AMZN and 3D Systems Corporation DDD . The Services segment has become the new cash cow for Apple and is expected to grow strongly driven by increasing adoption of Apple Music & Apple Pay.
|
Key Picks Some other top-ranked stocks in the technology sector include Amazon AMZN and 3D Systems Corporation DDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. We believe that these new updates will help the company to put up a fight in the EdTech market as the company is targeting educational institutions for the new version of the laptop.
|
19c7343a-7f1f-4462-a7be-bcc548c09fc7
|
716865.0
|
2018-08-15 00:00:00 UTC
|
Is 3D Systems (DDD) Outperforming Other Computer and Technology Stocks This Year?
|
DDD
|
https://www.nasdaq.com/articles/is-3d-systems-ddd-outperforming-other-computer-and-technology-stocks-this-year-2018-08-15
|
nan
|
nan
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks.
3D Systems is one of 627 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. DDD is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for DDD's full-year earnings has moved 28.19% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that DDD has returned about 119.91% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of 10.40% on a year-to-date basis. This shows that 3D Systems is outperforming its peers so far this year.
Looking more specifically, DDD belongs to the Computer - Mini computers industry, which includes 4 individual stocks and currently sits at #29 in the Zacks Industry Rank. This group has gained an average of 24.92% so far this year, so DDD is performing better in this area.
DDD will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks. DDD is currently sporting a Zacks Rank of #2 (Buy).
|
One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks. Looking more specifically, DDD belongs to the Computer - Mini computers industry, which includes 4 individual stocks and currently sits at #29 in the Zacks Industry Rank. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks. Looking more specifically, DDD belongs to the Computer - Mini computers industry, which includes 4 individual stocks and currently sits at #29 in the Zacks Industry Rank.
|
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DDD and the rest of the Computer and Technology group's stocks. DDD is currently sporting a Zacks Rank of #2 (Buy).
|
90422705-d762-44e4-80a2-8171d84b5092
|
716866.0
|
2018-08-14 00:00:00 UTC
|
Top Ranked Momentum Stocks to Buy for August 14th
|
DDD
|
https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-august-14th-2018-08-14
|
nan
|
nan
|
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 14th:
Workiva Inc. (WK): This cloud solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 26% over the last 60 days.
Workiva Inc. Price and Consensus
Workiva Inc. price-consensus-chart | Workiva Inc. Quote
Workiva's shares gained 20.8% over the last one month higher than the S&P 500's increase of 0.8%. The company possesses a Momentum Score of A.
Workiva Inc. Price
Workiva Inc. price | Workiva Inc. Quote
Teradyne, Inc. (TER): This designer of automatic test equipment has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.
Teradyne, Inc. Price and Consensus
Teradyne, Inc. price-consensus-chart | Teradyne, Inc. Quote
Teradyne's shares gained 4.5% over the last one month. The company possesses a Momentum Score of A.
Teradyne, Inc. Price
Teradyne, Inc. price | Teradyne, Inc. Quote
3D Systems Corporation (DDD): This 3D printing products and services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing more than 100% over the last 60 days.
3D Systems Corporation Price and Consensus
3D Systems Corporation price-consensus-chart | 3D Systems Corporation Quote
3D Systems' shares gained 17.7% over the last one month. The company possesses a Momentum Score of A.
3D Systems Corporation Price
3D Systems Corporation price | 3D Systems Corporation Quote
Telenav, Inc. (TNAV): This connected car and location-based platform services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.
Telenav, Inc. Price and Consensus
Telenav, Inc. price-consensus-chart | Telenav, Inc. Quote
Telenav's shares gained 9.1% over the last one month. The company possesses a Momentum Score of A.
Telenav, Inc. Price
Telenav, Inc. price | Telenav, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here .
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Workiva Inc. (WK): Free Stock Analysis Report
Telenav, Inc. (TNAV): Free Stock Analysis Report
Teradyne, Inc. (TER): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The company possesses a Momentum Score of A. Teradyne, Inc. Price Teradyne, Inc. price | Teradyne, Inc. Quote 3D Systems Corporation (DDD): This 3D printing products and services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing more than 100% over the last 60 days. Click to get this free report Workiva Inc. (WK): Free Stock Analysis Report Telenav, Inc. (TNAV): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 14th: Workiva Inc. (WK): This cloud solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 26% over the last 60 days.
|
The company possesses a Momentum Score of A. Teradyne, Inc. Price Teradyne, Inc. price | Teradyne, Inc. Quote 3D Systems Corporation (DDD): This 3D printing products and services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing more than 100% over the last 60 days. Click to get this free report Workiva Inc. (WK): Free Stock Analysis Report Telenav, Inc. (TNAV): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation Price and Consensus 3D Systems Corporation price-consensus-chart | 3D Systems Corporation Quote 3D Systems' shares gained 17.7% over the last one month.
|
The company possesses a Momentum Score of A. Teradyne, Inc. Price Teradyne, Inc. price | Teradyne, Inc. Quote 3D Systems Corporation (DDD): This 3D printing products and services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing more than 100% over the last 60 days. Click to get this free report Workiva Inc. (WK): Free Stock Analysis Report Telenav, Inc. (TNAV): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. Workiva Inc. Price Workiva Inc. price | Workiva Inc. Quote Teradyne, Inc. (TER): This designer of automatic test equipment has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.
|
The company possesses a Momentum Score of A. Teradyne, Inc. Price Teradyne, Inc. price | Teradyne, Inc. Quote 3D Systems Corporation (DDD): This 3D printing products and services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing more than 100% over the last 60 days. Click to get this free report Workiva Inc. (WK): Free Stock Analysis Report Telenav, Inc. (TNAV): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 14th: Workiva Inc. (WK): This cloud solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 26% over the last 60 days.
|
56963d38-c698-442a-af7b-77a92f6da92e
|
716867.0
|
2018-08-10 00:00:00 UTC
|
7 3D-Printing Stocks to Buy As the Space Keeps Growing
|
DDD
|
https://www.nasdaq.com/articles/7-3d-printing-stocks-to-buy-as-the-space-keeps-growing-2018-08-10
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
About five years ago or so, 3D-printing stocks were red-hot. But the good times quickly fizzled.
However, lately there have been signs of life, as a variety of the operators in the industry have experienced rejuvenated growth rates. And, more importantly, the long-term trends look quite favorable for the 3D-printing space.
According to IDC , the spending in the market - on a global basis - is expected to hit about $12 billion this year. And by 2021, the forecast is for the market to reach $20 billion. Much of the growth will come from physical printers and materials, but there will also be opportunities in software systems and services.
10 Tech Stocks to Get Rid of Today
So with that prospective growth in mind, what are some of the 3D-printing stocks to buy? Let's take a look at seven:
3D-Printing Stocks to Buy: 3D Systems (DDD)
Source: Image via 3D Systems
3D Systems (NYSE: DDD ) is the pioneer of the industry. Chuck Hull founded the company back in 1983 when he invented Stereolithography.
Since then, he has continued to push innovation. As a result, DDD has become a diverse platform, with 3D-printers, materials, software and on-demand manufacturing services. These offerings span industries like aerospace, healthcare, automotive and durable goods.
Although, a few years ago, DDD had some major problems. Its product line was lagging and the competitive environment was getting much more intense.
But the company took swift action and initiated a restructuring. And this was more than just about cost cutting. DDD was smart to double down on its product line as well as to strike some important partnerships.
As a result, the financial situation has improved significantly. For example, during the latest quarter, printer shipment volumes soared by 37% . Keep in mind that this should amplify future revenue growth because this business leads to annuity streams from material sales.
3D-Printing Stocks to Buy: HP (HPQ)
Source: sports via Flickr
HP (NYSE: HPQ ) may seem like a dinosaur among other 3D-printing stocks to buy. After all, much of the company's business comes from mature industries like PCs and office/home printers.
But somehow HP has been able to gin up growth. In the most recent quarter, revenues increased by 13% to $14 billion and operating cash flows came to $1.05 billion.
On the PC side, HP has benefited from consolidation in the industry and also a focus on higher-end systems (such as gaming PCs). As for printing, the company is investing aggressively in 3D technologies.
Granted, for a company of the scale of HP, it will take time for the business to move the needle. But the company should benefit from its brand and distribution. Besides, HP has been getting traction with snagging large customers and partners, such as Siemens and Forecast 3D (one of the largest 3D manufacturers in the U.S.).
According to HP CEO Dion Weisler on the most recent Q2 earnings call :
"I am really excited about the leadership position we have taken in 3D printing and the segment where we operate in a very short period of time, we are on the path towards disrupting this $12 trillion global manufacturing industry. But it's a long path, I have always said this is a 5 to 10-year journey and we are making the investments today to really secure shareholder value both today and for the future we are seeing significant sales momentum, including repeat orders from customers as well as service bureaus."
7 Emerging-Markets ETFs to Buy
Clearly, HP is starting to become a standout among other 3D-printing stocks.
3D-Printing Stocks to Buy: Autodesk (ADSK)
Source: Shutterstock
Autodesk (NASDAQ: ADSK ) is the leader in design software, which has applications across large industries like architecture, engineering, construction, product design, manufacturing and media/entertainment. For the most part, ADSK software helps with complex visualizations and simulations.
So what makes ADSK one of the 3D-printing stocks to buy? 3D-printing is actually an important part of its business.
The company has built an extensive line of applications like Netfabb, TinkerCAD, 3ds Max, Within Medical and Fusion 360. These applications are becoming strategic for customers. Just look at General Motors (NYSE: GM ). The company recently teamed up with ADSK to use its design systems to 3D-print components for its upcoming electric vehicles. This approach should mean lighter materials that have higher levels of strength.
ADSK has also been moving toward subscriptions for selling its software, which should lead to more predictable revenues streams. In the latest quarter, these revenues spiked by 103% to $1.4 billion (on an annualized basis) and the subscriber base reached 2.57 million.
3D-Printing Stocks to Buy: Materialise (MTLS)
Source: Shutterstock
Materialise (NASDAQ: MTLS ) is one of the leaders in the 3D-printing industry. However, the company does not sell any physical printers. Instead, the focus is on building software systems, such as systems for additive manufacturing and healthcare applications.
For example, with its medical technologies, there is the ability to create surgical guides and develop customized implants. And as for manufacturing, MTLS has one of the largest single-site additive service centers.
A key part of the growth strategy has been partnerships. Some of the latest have included deals with HP and HCL .
5 Hollywood Stocks That Will Stay in the Spotlight
However, the relationship with BASF (OTCMKTS: BASFY ) - a top chemical company - could prove the most beneficial. The company invested $25 million in MTLS. For the most part, this deal is a validation of the company's business model, which is about creating an open system that integrates with many hardware and software vendors.
3D-Printing Stocks to Buy: Proto Labs (PRLB)
The customers for Proto Labs (NYSE: PRLB ) conduct much of their activities online, which is a big time saver. Some of these functions include injection molding, computer numerical control machining, 3D-printing and sheet metal fabrication. And PRLB is the world's largest digital manufacturer of custom prototypes and on-demand production parts.
Investors have plenty of reason to be excited about this 3D priting stock, as the growth has been strong. For the second quarter, revenues shot up by 34% to $109.7 million and operating cash flows came to $33.2 million. In all, there is $144.9 million in the bank.
PRLB is essentially creating a powerful ecosystem, which is a nice barrier to entry. Note that there are over 19,000 developers and engineers that use the web-based system. This base up by nearly 19% in the latest quarter. As such, PRLB is one of the most promising 3D-printing stocks to keep an eye on in the months ahead.
3D-Printing Stocks to Buy: PTC (PTC)
Source: Shutterstock
PTC (NASDAQ: PTC ) targets a variety of lucrative business segments, such as the Industrial Internet of Things, Augmented Reality, Product Lifecycle Management and Service Lifecycle Management.
And to top it all off, PTC also has a significant footprint in the 3D-printing market. The two main products are Creo (for product design) and Mathcad (for in-depth analysis for engineering projects). The bookings for this business segment have been robust, as there have been 10 consecutive quarters of double-digit-growth.
The core product for the 3D-printing opportunity is Creo 5, which launched in March. The technology stands out because of its sophisticated integrated topology optimization.
4 Nanotech Stocks to Watch for Explosive Innovation
But there is more to come with Creo. PTC has entered a strategic relationship with Ansys (NASDAQ: ANSS ), which is a developer of engineering simulation software. The plan is to integrate real-time simulations into Creo, which would likely be another factor in helping boost demand.
3D-Printing Stocks to Buy: Proto Labs (PRNT)
Source: Shutterstock
If you don't want to invest in individual 3D-printing stocks, there is another option: The 3D Printing ETF (BATS: PRNT ).
This exchange-traded fund tracks the Total 3D-Printing Index, which includes U.S. and foreign companies based in hardware, software/CAD, print center operations and materials. Some of the holdings include ADSK, Trimble and Stratasys (NASDAQ: SSYS ).
The median market cap for this ETF is $8.2 billion. In other words, PRNT provides fairly broad exposure to the market. And as for its expense ratio, it is at 0.66%, or $66 annually per $10,000 invested. Also note that there are $51 million in assets.
Tom Taulli is the author of High-Profit IPO Strategies , All About Commodities and All About Short Selling . Follow him on Twitter at @ttaulli . As of this writing, he did not hold a position in any of the aforementioned securities.
Compare Brokers
The post 7 3D-Printing Stocks to Buy As the Space Keeps Growing appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Let's take a look at seven: 3D-Printing Stocks to Buy: 3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is the pioneer of the industry. As a result, DDD has become a diverse platform, with 3D-printers, materials, software and on-demand manufacturing services. Although, a few years ago, DDD had some major problems.
|
Let's take a look at seven: 3D-Printing Stocks to Buy: 3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is the pioneer of the industry. As a result, DDD has become a diverse platform, with 3D-printers, materials, software and on-demand manufacturing services. Although, a few years ago, DDD had some major problems.
|
Let's take a look at seven: 3D-Printing Stocks to Buy: 3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is the pioneer of the industry. As a result, DDD has become a diverse platform, with 3D-printers, materials, software and on-demand manufacturing services. Although, a few years ago, DDD had some major problems.
|
Let's take a look at seven: 3D-Printing Stocks to Buy: 3D Systems (DDD) Source: Image via 3D Systems 3D Systems (NYSE: DDD ) is the pioneer of the industry. As a result, DDD has become a diverse platform, with 3D-printers, materials, software and on-demand manufacturing services. Although, a few years ago, DDD had some major problems.
|
eb6dcee7-dbe5-4405-a210-baf46d3efdaa
|
716868.0
|
2018-08-10 00:00:00 UTC
|
Why Universal Display, 3D Systems, and Ruth's Hospitality Group Jumped Today
|
DDD
|
https://www.nasdaq.com/articles/why-universal-display-3d-systems-and-ruths-hospitality-group-jumped-today-2018-08-10
|
nan
|
nan
|
The stock market fell on Friday, with the Dow Jones Industrial Average dropping by triple digits and broader benchmarks declining by more than half a percentage point. Global political and economic issues took center stage as tensions between the U.S. and Turkey ratcheted higher. Exchanges of sanctions and diplomatic threats led to a dramatic weakening of Turkey's currency, and President Trump tweeted that he would double tariffs on steel and aluminum to the NATO-member country. Yet even as market participants fretted about those issues, some individual companies had good news and saw their shares rise. Universal Display (NASDAQ: OLED) , 3D Systems (NYSE: DDD) , and Ruth's Hospitality Group (NASDAQ: RUTH) were among the best performers on the day. Here's why they did so well.
Universal Display sees more OLED demand ahead
Shares of Universal Display climbed 13.5% after the manufacturer of organic light-emitting diodes reported its second-quarter financial results. The company's backward-looking numbers were downright terrible, including a 45% drop in revenue and a more-than-75% decline in earnings from the year-ago quarter. But accounting rule changes played a significant role in the poor relative performance, and Universal Display expects that there should be strong cyclical demand for OLED displays from major electronics manufacturers in 2019. That should drive orders beginning later this year, and those who've endured the painful share-price plunge in Universal Display shares so far in 2018 can't wait to see better times ahead.
3D Systems keeps moving up
3D Systems stock jumped 9.5%, adding to gains from Wednesday and Thursday that bring the total share-price increase over that three-day period to more than 45%. The 3D-printing specialist reported strong revenue growth in its second-quarter financial report late Tuesday afternoon, with sales picking up nearly 11% from year-earlier figures. Although adjusted earnings slid from what the company posted in the second quarter of 2017, 3D Systems said that sales of 3D printers were dramatically higher, and it also saw good demand in healthcare solutions. The report doesn't signal complete success for 3D Systems, but shares have already fallen substantially enough that a hint of good news was enough to bring a bounce.
Ruth's sizzles
Finally, shares of Ruth's Hospitality Group soared 15%. The company behind the Ruth's Chris Steak House chain said that revenue climbed almost 10% on a 1.3% rise in comparable-restaurant sales, and earnings were higher by 23% from the year-ago quarter. Outgoing CEO Michael O'Donnell singled out the performance of Ruth's Hawaiian restaurants, which was quite a bit better than the company had anticipated. New chief executive Cheryl Henry will now take over the reins at the company, and investors appear more confident than ever that Ruth's can navigate tough conditions in the restaurant industry and produce the tasty growth they want to see.
Offer from The Motley Fool: The 10 best stocks to buy now
Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. In fact, the newsletter they run, Motley Fool Stock Advisor , has tripled the S&P 500!*
Tom and David just revealed their ten top stock picks for investors to buy right now.
Click here to get access to the full list!
* Stock Advisor returns as of Aug. 6, 2018.
Dan Caplinger has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Universal Display. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Universal Display (NASDAQ: OLED) , 3D Systems (NYSE: DDD) , and Ruth's Hospitality Group (NASDAQ: RUTH) were among the best performers on the day. The stock market fell on Friday, with the Dow Jones Industrial Average dropping by triple digits and broader benchmarks declining by more than half a percentage point. Exchanges of sanctions and diplomatic threats led to a dramatic weakening of Turkey's currency, and President Trump tweeted that he would double tariffs on steel and aluminum to the NATO-member country.
|
Universal Display (NASDAQ: OLED) , 3D Systems (NYSE: DDD) , and Ruth's Hospitality Group (NASDAQ: RUTH) were among the best performers on the day. Universal Display sees more OLED demand ahead Shares of Universal Display climbed 13.5% after the manufacturer of organic light-emitting diodes reported its second-quarter financial results. The 3D-printing specialist reported strong revenue growth in its second-quarter financial report late Tuesday afternoon, with sales picking up nearly 11% from year-earlier figures.
|
Universal Display (NASDAQ: OLED) , 3D Systems (NYSE: DDD) , and Ruth's Hospitality Group (NASDAQ: RUTH) were among the best performers on the day. Universal Display sees more OLED demand ahead Shares of Universal Display climbed 13.5% after the manufacturer of organic light-emitting diodes reported its second-quarter financial results. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market.
|
Universal Display (NASDAQ: OLED) , 3D Systems (NYSE: DDD) , and Ruth's Hospitality Group (NASDAQ: RUTH) were among the best performers on the day. In fact, the newsletter they run, Motley Fool Stock Advisor , has tripled the S&P 500! The Motley Fool owns shares of and recommends Universal Display.
|
50870eae-36d2-4968-9fbc-12fdc0353483
|
716869.0
|
2018-08-09 00:00:00 UTC
|
How to Make Easy Money From 3D Systems Stock
|
DDD
|
https://www.nasdaq.com/articles/how-make-easy-money-3d-systems-stock-2018-08-09
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Following earnings, 3D Systems (NSYE: DDD ) showed it can print better than it can forecast profits, and on the price chart, there's confirmation of an improving uptrend. But for bullish investors looking to position in a hotly contested and volatile DDD stock, an out-of-the-money call spread designed to print big risk-adjusted profits remains a strong choice.
Let me explain.
Wednesday was more than a nice step in the right direction for DDD stock off and on the price chart. 3D Systems spiked more than 32% on the session after crushing Street profit forecasts of a penny with actual earnings of 6-cents-a-share.
DDD's sales were also a crowd-pleaser. Revenues of $176.6 million upended analyst views of $165.9 million. Additionally, 3D Systems announced a partnership with machine manufacturer Georg Fischer to create integrated solutions machinery.
10 Tech Stocks to Get Rid of Today
The reaction by investors was the strongest in shares of DDD since 2011 and Jan. 2014 when DDD stock ran up to all-time-highs. Admittedly, it's likely that type of momentum won't continue. Nevertheless, the price action does appear to be strong technical confirmation of a much larger bullish run for 3D Systems investors. And it's incentive for a dismissive analyst community and sizable bear population of 33% short interest to rethink their positions in DDD stock.
DDD Stock Weekly Price Chart
Looking at the extended weekly chart of DDD stock over the past three years, a volatile and lengthy base-building process appears to be in the rear-view mirror. And that's more good news for bullish investors in 3D Systems. Wednesday's supportive bid has reaffirmed 2018's uptrend by establishing a new high while breaking above a formidable band of resistance.
The technical outlook for DDD stock is undeniably bullish, especially when you consider that its chart indicates a key 50% retracement level, 200-week simple moving average and prior symmetrical triangle breakout. Our upbeat forecast doesn't preclude some modest backing and filling near-term. And given DDD's short-interest, I'd say it's almost inevitable.
However, for those with longer-term ambitions, new three-year highs are expected in the coming months as part of a continued bull market in DDD stock.
DDD Stock Bull Call Spread
For like-minded traders that see new intermediate highs for DDD, I'd once again suggest an out-of-the-money bull call spread. Back in March, this type of limited and reduced risk spread was laid out for InvestorPlace readers. Following Wednesday's price spike, the vertical has gone fully in-the-money for a payoff of $2.45 and return of 445%.
Reviewing the options market in DDD stock, one combination currently favored is the Feb $21 / $25 call vertical. With shares at $17.96, the spread is priced for 85 cents. This limits investors' exposure to DDD's often-volatile shares to a less-rough-and-tumble 4.75%. At the same time, this position still allows for solid profits of $3.15 to be captured over the next several months.
Of course, the strike placement in this options strategy will require shares of 3D Systems to move substantially higher by some investors' measures. But with two additional earnings cycles built into this vertical and if readers bother to take another appreciative look at the DDD stock chart, that's far from a leap of faith, and more an approximation of the continued building blocks of an uptrend in motion.
Disclosure: Investment accounts under Christopher Tyler's management currently own positions in 3D Systems stock and its derivatives. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual.For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits .
More From InvestorPlace
The 10 Best Stocks to Buy Right Now
7 High Short-Interest Stocks
5 Retail Stocks Set to Steal the Show This Earnings Season
3 Cybersecurity Stocks to Add to Your Buy List
Compare Brokers
The post How to Make Easy Money From 3D Systems Stock appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
But for bullish investors looking to position in a hotly contested and volatile DDD stock, an out-of-the-money call spread designed to print big risk-adjusted profits remains a strong choice. But with two additional earnings cycles built into this vertical and if readers bother to take another appreciative look at the DDD stock chart, that's far from a leap of faith, and more an approximation of the continued building blocks of an uptrend in motion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Following earnings, 3D Systems (NSYE: DDD ) showed it can print better than it can forecast profits, and on the price chart, there's confirmation of an improving uptrend.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Following earnings, 3D Systems (NSYE: DDD ) showed it can print better than it can forecast profits, and on the price chart, there's confirmation of an improving uptrend. But for bullish investors looking to position in a hotly contested and volatile DDD stock, an out-of-the-money call spread designed to print big risk-adjusted profits remains a strong choice. DDD Stock Weekly Price Chart Looking at the extended weekly chart of DDD stock over the past three years, a volatile and lengthy base-building process appears to be in the rear-view mirror.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Following earnings, 3D Systems (NSYE: DDD ) showed it can print better than it can forecast profits, and on the price chart, there's confirmation of an improving uptrend. DDD Stock Weekly Price Chart Looking at the extended weekly chart of DDD stock over the past three years, a volatile and lengthy base-building process appears to be in the rear-view mirror. But for bullish investors looking to position in a hotly contested and volatile DDD stock, an out-of-the-money call spread designed to print big risk-adjusted profits remains a strong choice.
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Following earnings, 3D Systems (NSYE: DDD ) showed it can print better than it can forecast profits, and on the price chart, there's confirmation of an improving uptrend. DDD Stock Bull Call Spread For like-minded traders that see new intermediate highs for DDD, I'd once again suggest an out-of-the-money bull call spread. This limits investors' exposure to DDD's often-volatile shares to a less-rough-and-tumble 4.75%.
|
56da26b6-ad13-41ad-84e8-be89bf4ab4ee
|
716870.0
|
2018-08-09 00:00:00 UTC
|
4 Reasons Why You Should Buy 3D Systems Stock
|
DDD
|
https://www.nasdaq.com/articles/4-reasons-why-you-should-buy-3d-systems-stock-2018-08-09
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Wall Street cheered 3D Systems' (NYSE: DDD ) better-than-expected second-quarter results, sending DDD stock sharply higher. But the best is clearly yet to come for the company and for DDD stock - 3D Systems is gaining strong footholds in multiple, huge sectors, and the large surge in its printer sales bodes very well for its results going forward. Also likely to boost 3D Systems and its stock are its new printers, which sound like they will be tremendous money-makers for the 3D printer manufacturer. Finally, the company is generating tremendous growth in Asia, and that trend should continue for some time.
DDD Stock Catalyst: 3D Systems Is Gaining Ground in Lucrative Sectors
3D Systems' revenue from healthcare providers, which accounts for 35% of its overall revenue , jumped 26% year-over-year. As is well-known, the U.S. puts a tremendous amount of resources into its healthcare sector, and other countries also spend a significant amount of their Gross Domestic Product on healthcare. Moreover, many healthcare tools, like surgical instruments and dental products, have to fit exact specifications. As I wrote in a column earlier this month, focusing on 3D Systems' peer, Stratasys (NASDAQ: SSYS ), "I have believed for many years that 3D printing would be most widely adopted by the manufacturers of industrial products that are made of many complex parts, all of which have to be precisely made." Given the characteristics of the healthcare market and 3D Systems' previous success in the sector, the company's healthcare revenue looks poised to continue to jump meaningfully going forward, giving DDD stock an additional catalyst.
And as I pointed out in another previous column, the military is another sector that's likely to boost 3D systems and its peers. As I noted in that column, in May 3D Systems announced a deal to produce "high accuracy parts" for Navy ships, giving it a great foothold in the Pentagon and with U.S. military contractors.
7 High-Risk Dividend Stocks for Adventurous Income Investors
Finally, the revenue of 3D Systems' on-demand manufacturing business, which primarily provides prototypes to manufacturers, rose 6% YOY in Q2. The company stated that its investments had "helped drive improvements in our on-demand manufacturing business that will drive continued growth over the longer term. "
Providing prototypes for the creation of highly complex parts certainly fulfills the vision for 3D printing that I mentioned earlier. Additionally, given the improvements that the company has made in its on-demand manufacturing business, and the tremendous amount of money that global manufacturers of cars and planes have, the unit's revenues can certainly grow tremendously going forward. Finally, many manufacturers that buy prototypes from 3D Systems could eventually decide to buy 3D printers from it.
Speaking of buying 3D printers, the 41% YOY jump in printer sales last quarter certainly bodes very well for DDD and DDD stock going forward. The results of the company, which uses the razor and blade business model, should jump as the enterprises that bought the printers purchase materials for them from 3D Systems.
DDD Stock Catalyst: 3D Systems' Promising New Printers
Also boding very well for 3D Systems and DDD stock are the very strong credentials of the new printers that it's developing. For example, last quarter 3D Systems began shipping its NextDent 5100 dental printer, which, according to the company, is four times faster than its competition and reduces the amount of time needed to make dentures by 70% to 80%.
3D Systems also reported that its new Figure 4 printer, which also began shipping recently and is targeted at multiple key markets, "provides lower total cost of operations and faster time to part compared to similar systems." Moreover, the machine "can reduce injection molding cycle times by over 40%, provide 20% plus cost savings, and increase production rates by 30% compared to traditional manufacturing," 3D Systems stated.
Finally, the company said that it had received "excellent feedback" from customers and industry experts on its new, low-cost FabPro 1000 industrial desktop 3D printer, which also began shipping last quarter. Importantly, according to DDD, the new printers did not contribute significantly to the company's revenue last quarter, meaning that the likely strong top-line and bottom-line boost from these new printers have not yet been realized. 3D Systems stated that it expects the revenue generated by these new products to rise slowly in the second half of this year before becoming "significant" in 2019.
DDD Stock Catalyst: Growth in Asia
Finally, 3D Systems' revenue from Asia surged 38% YOY. 3D Systems explained that its Asia region began emulating practices that had been successful in other regions and that it had made a leadership change in Japan. More than likely, the strong growth in the Asia region will continue as these changes continue to improve the company's results there.
The 10 Best Stocks to Buy Right Now
3D Systems looks very well-positioned in three large, lucrative sectors, and its new products sound like they will give the company meaningful competitive advantages going forward. Finally, the company's Asia business is expanding meaningfully and should continue to do so going forward. These strong positive catalysts will boost 3D Systems' results and DDD stock significantly over the medium and longer terms. Consequently, investors should buy DDD stock at current levels.
As of this writing, Larry Ramer owned shares of DDD stock and SSYS stock.
More From InvestorPlace
The 10 Best Stocks to Buy Right Now
7 High Short-Interest Stocks
5 Retail Stocks Set to Steal the Show This Earnings Season
3 Cybersecurity Stocks to Add to Your Buy List
Compare Brokers
The post 4 Reasons Why You Should Buy 3D Systems Stock appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
But the best is clearly yet to come for the company and for DDD stock - 3D Systems is gaining strong footholds in multiple, huge sectors, and the large surge in its printer sales bodes very well for its results going forward. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street cheered 3D Systems' (NYSE: DDD ) better-than-expected second-quarter results, sending DDD stock sharply higher. DDD Stock Catalyst: 3D Systems Is Gaining Ground in Lucrative Sectors 3D Systems' revenue from healthcare providers, which accounts for 35% of its overall revenue , jumped 26% year-over-year.
|
But the best is clearly yet to come for the company and for DDD stock - 3D Systems is gaining strong footholds in multiple, huge sectors, and the large surge in its printer sales bodes very well for its results going forward. Given the characteristics of the healthcare market and 3D Systems' previous success in the sector, the company's healthcare revenue looks poised to continue to jump meaningfully going forward, giving DDD stock an additional catalyst. DDD Stock Catalyst: Growth in Asia Finally, 3D Systems' revenue from Asia surged 38% YOY.
|
Given the characteristics of the healthcare market and 3D Systems' previous success in the sector, the company's healthcare revenue looks poised to continue to jump meaningfully going forward, giving DDD stock an additional catalyst. DDD Stock Catalyst: 3D Systems' Promising New Printers Also boding very well for 3D Systems and DDD stock are the very strong credentials of the new printers that it's developing. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street cheered 3D Systems' (NYSE: DDD ) better-than-expected second-quarter results, sending DDD stock sharply higher.
|
Given the characteristics of the healthcare market and 3D Systems' previous success in the sector, the company's healthcare revenue looks poised to continue to jump meaningfully going forward, giving DDD stock an additional catalyst. Speaking of buying 3D printers, the 41% YOY jump in printer sales last quarter certainly bodes very well for DDD and DDD stock going forward. DDD Stock Catalyst: 3D Systems' Promising New Printers Also boding very well for 3D Systems and DDD stock are the very strong credentials of the new printers that it's developing.
|
cd02ae39-5739-4610-801a-d129d98588f9
|
716871.0
|
2018-08-09 00:00:00 UTC
|
September 28th Options Now Available For 3D Systems (DDD)
|
DDD
|
https://www.nasdaq.com/articles/september-28th-options-now-available-3d-systems-ddd-2018-08-09
|
nan
|
nan
|
Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the September 28th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new September 28th contracts and identified one put and one call contract of particular interest.
The put contract at the $15.00 strike price has a current bid of 19 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $15.00, but will also collect the premium, putting the cost basis of the shares at $14.81 (before broker commissions). To an investor already interested in purchasing shares of DDD, that could represent an attractive alternative to paying $17.58/share today.
Because the $15.00 strike represents an approximate 15% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 78%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 1.27% return on the cash commitment, or 9.25% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for 3D Systems Corp. , and highlighting in green where the $15.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $21.00 strike price has a current bid of 7 cents. If an investor was to purchase shares of DDD stock at the current price level of $17.58/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $21.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 19.85% if the stock gets called away at the September 28th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $21.00 strike highlighted in red:
Considering the fact that the $21.00 strike represents an approximate 19% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 72%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 0.40% boost of extra return to the investor, or 2.91% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 157%, while the implied volatility in the call contract example is 82%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $17.58) to be 66%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $21.00 strike highlighted in red: Considering the fact that the $21.00 strike represents an approximate 19% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the September 28th expiration.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $21.00 strike highlighted in red: Considering the fact that the $21.00 strike represents an approximate 19% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the September 28th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new September 28th contracts and identified one put and one call contract of particular interest.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $21.00 strike highlighted in red: Considering the fact that the $21.00 strike represents an approximate 19% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the September 28th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new September 28th contracts and identified one put and one call contract of particular interest.
|
At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new September 28th contracts and identified one put and one call contract of particular interest. Below is a chart showing DDD's trailing twelve month trading history, with the $21.00 strike highlighted in red: Considering the fact that the $21.00 strike represents an approximate 19% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the September 28th expiration.
|
2918e186-132b-4064-8a31-1c1d6e2d48c2
|
716872.0
|
2018-08-09 00:00:00 UTC
|
Company News For Aug 9, 2018
|
DDD
|
https://www.nasdaq.com/articles/company-news-for-aug-9-2018-2018-08-09
|
nan
|
nan
|
Michael Kors Holdings Ltd. KORS shares surged 6.7% after the company reported first quarter of fiscal 2019 adjusted earnings per share of $1.32 surpassing the Zacks Consensus Estimate of $0.94
Cimarex Energy Co. XEC plunged 8.6% after the company posted second-quarter 2018 adjusted earnings per share of $1.59 lagging the Zacks Consensus Estimate of $1.64
3D Systems Corp.'s DDD shares jumped 32.4% after reporting second-quarter 2018 non-GAAP earnings per share of $0.06 outpacing the Zacks Consensus Estimate of a breakeven
Shares of Endo International plc ENDP surged 28.3% after posting second-quarter 2018 adjusted earnings per share of $0.76 beating the Zacks Consensus Estimate of $0.55
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Endo International plc (ENDP): Free Stock Analysis Report
Cimarex Energy Co (XEC): Free Stock Analysis Report
Michael Kors Holdings Limited (KORS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Michael Kors Holdings Ltd. KORS shares surged 6.7% after the company reported first quarter of fiscal 2019 adjusted earnings per share of $1.32 surpassing the Zacks Consensus Estimate of $0.94 Cimarex Energy Co. XEC plunged 8.6% after the company posted second-quarter 2018 adjusted earnings per share of $1.59 lagging the Zacks Consensus Estimate of $1.64 3D Systems Corp.'s DDD shares jumped 32.4% after reporting second-quarter 2018 non-GAAP earnings per share of $0.06 outpacing the Zacks Consensus Estimate of a breakeven Shares of Endo International plc ENDP surged 28.3% after posting second-quarter 2018 adjusted earnings per share of $0.76 beating the Zacks Consensus Estimate of $0.55 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Endo International plc (ENDP): Free Stock Analysis Report Cimarex Energy Co (XEC): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Michael Kors Holdings Ltd. KORS shares surged 6.7% after the company reported first quarter of fiscal 2019 adjusted earnings per share of $1.32 surpassing the Zacks Consensus Estimate of $0.94 Cimarex Energy Co. XEC plunged 8.6% after the company posted second-quarter 2018 adjusted earnings per share of $1.59 lagging the Zacks Consensus Estimate of $1.64 3D Systems Corp.'s DDD shares jumped 32.4% after reporting second-quarter 2018 non-GAAP earnings per share of $0.06 outpacing the Zacks Consensus Estimate of a breakeven Shares of Endo International plc ENDP surged 28.3% after posting second-quarter 2018 adjusted earnings per share of $0.76 beating the Zacks Consensus Estimate of $0.55 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Endo International plc (ENDP): Free Stock Analysis Report Cimarex Energy Co (XEC): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Michael Kors Holdings Ltd. KORS shares surged 6.7% after the company reported first quarter of fiscal 2019 adjusted earnings per share of $1.32 surpassing the Zacks Consensus Estimate of $0.94 Cimarex Energy Co. XEC plunged 8.6% after the company posted second-quarter 2018 adjusted earnings per share of $1.59 lagging the Zacks Consensus Estimate of $1.64 3D Systems Corp.'s DDD shares jumped 32.4% after reporting second-quarter 2018 non-GAAP earnings per share of $0.06 outpacing the Zacks Consensus Estimate of a breakeven Shares of Endo International plc ENDP surged 28.3% after posting second-quarter 2018 adjusted earnings per share of $0.76 beating the Zacks Consensus Estimate of $0.55 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Endo International plc (ENDP): Free Stock Analysis Report Cimarex Energy Co (XEC): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Michael Kors Holdings Ltd. KORS shares surged 6.7% after the company reported first quarter of fiscal 2019 adjusted earnings per share of $1.32 surpassing the Zacks Consensus Estimate of $0.94 Cimarex Energy Co. XEC plunged 8.6% after the company posted second-quarter 2018 adjusted earnings per share of $1.59 lagging the Zacks Consensus Estimate of $1.64 3D Systems Corp.'s DDD shares jumped 32.4% after reporting second-quarter 2018 non-GAAP earnings per share of $0.06 outpacing the Zacks Consensus Estimate of a breakeven Shares of Endo International plc ENDP surged 28.3% after posting second-quarter 2018 adjusted earnings per share of $0.76 beating the Zacks Consensus Estimate of $0.55 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Endo International plc (ENDP): Free Stock Analysis Report Cimarex Energy Co (XEC): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
|
a1985124-41c0-416b-8342-6b93ccc887ad
|
716873.0
|
2018-08-09 00:00:00 UTC
|
Why 3D Systems Corporation's Shares Plunged in July and Popped in August
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-corporations-shares-plunged-july-and-popped-august-2018-08-09
|
nan
|
nan
|
What happened
Shares of 3D printer manufacturer 3D Systems Corporation (NYSE: DDD) fell 11.9% in July, according to data provided by S&P Global Market Intelligence , as sentiment surrounding the company fell before earnings. But shares more than recovered those losses, gaining 47.6% in the first eight days of August.
So what
Most of the drop in July came on July 24 , when the Trump Administration decided to allow parts for 3D printed guns to be sold. The reaction was negative for 3D printer stocks because it could bring unwanted scrutiny onto the industry. But that was speculation and not driven by any fundamental change in the business.
What sent shares higher in August was second-quarter 2018 results , which is a fundamental driver of shareholder value long term. Revenue was up 10.7% to $176.6 million and adjusted net income dropped 28% to $6.2 million, or $0.06 per share. But the real surprise was that the figures easily beat analyst expectations for $165.9 million in revenue and earnings of $0.01 per share.
Now what
The past month has been an example of how volatile the 3D printing industry can be. Shares will rise or fall on speculation and earnings will often bring expectations back in line with reality. 3D Systems has struggled to maintain growth over the past few years, so I would take the second quarter's results with a bit of a grain of salt. But it's positive that 3D printer volume increased 37% in the quarter and healthcare and manufacturing are growing as business segments. If all goes well, the momentum could be just beginning for 3D Systems.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D printer manufacturer 3D Systems Corporation (NYSE: DDD) fell 11.9% in July, according to data provided by S&P Global Market Intelligence , as sentiment surrounding the company fell before earnings. But the real surprise was that the figures easily beat analyst expectations for $165.9 million in revenue and earnings of $0.01 per share. Shares will rise or fall on speculation and earnings will often bring expectations back in line with reality.
|
What happened Shares of 3D printer manufacturer 3D Systems Corporation (NYSE: DDD) fell 11.9% in July, according to data provided by S&P Global Market Intelligence , as sentiment surrounding the company fell before earnings. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D printer manufacturer 3D Systems Corporation (NYSE: DDD) fell 11.9% in July, according to data provided by S&P Global Market Intelligence , as sentiment surrounding the company fell before earnings. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. *Stock Advisor returns as of August 6, 2018 Travis Hoium has no position in any of the stocks mentioned.
|
What happened Shares of 3D printer manufacturer 3D Systems Corporation (NYSE: DDD) fell 11.9% in July, according to data provided by S&P Global Market Intelligence , as sentiment surrounding the company fell before earnings. But that was speculation and not driven by any fundamental change in the business. Now what The past month has been an example of how volatile the 3D printing industry can be.
|
f3894fd4-0739-45d0-af19-b2dfc6176c78
|
716874.0
|
2018-08-08 00:00:00 UTC
|
3D Systems Earnings: 3D Printer Sales Surge 41%; Stock Soars 19%
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-3d-printer-sales-surge-41-stock-soars-19-2018-08-08
|
nan
|
nan
|
3D Systems (NYSE: DDD) released its second-quarter 2018 financial results after the market close on Tuesday. The diversified 3D printing company's revenue grew nearly 11% year over year, driven by strength in 3D printer sales and healthcare. On a GAAP basis, its loss per share was flat with the year-ago period, while, on an adjusted basis, its earnings per share (EPS) declined 25%.
Shares soared 19.4% in after-hours trading on Tuesday, which we can attribute to both revenue and adjusted EPS coming in better than most investors were likely expecting.
3D Systems' key quarterly numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
GAAP gross margin was 48.8%, down from 50.6% in the year-ago quarter . The company attributed the decrease to the "impact of mix of sales and investment in services and on-demand manufacturing [offsetting] cost improvements from ongoing supply chain cost reduction initiatives."
3D Systems generated $10.7 million of cash from operations and ended the quarter with $119.3 million in unrestricted cash and cash equivalents on hand.
For context -- though long-term investors shouldn't pay too much attention to Wall Street's near-term estimates -- analysts had been looking for adjusted EPS of $0.01 on revenue of $165.9 million, so the company comfortably beat the revenue consensus and crushed the bottom-line expectation.
Segment results
Data source: 3D Systems.
Management reviewed on the earnings call how key categories performed:
3D printers (within product): Revenue surged 41% year over year to $39.2 million, while the number of units sold increased 37%.
Healthcare solutions: Revenue grew 26% to $61.4 million. (This category spans both segments and overlaps other categories.)
Software (within product): Revenue was approximately flat with the year-ago period at $24.1 million.
On-demand part manufacturing (within service): Revenue rose 6% to $27.4 million.
Materials (within product): Revenue edged up 3% to $45 million.
3D Systems' healthcare business has long been its standout performer, so the robust 26% growth wasn't much of a surprise. Notably, this is entirely organic revenue growth, or growth from businesses owned for at least one year. For the past five quarters, the company's first-quarter 2017 acquisition of a dental materials maker had been obscuring organic revenue growth.
As with last quarter, the magnitude of the increase in 3D printer revenue likely came as a pleasant surprise to many investors. Last quarter , this metric increased 24% year over year, so we saw an acceleration of growth in the second quarter. These two increases follow a flat result in the fourth quarter of last year, preceded by a three-year stretch of year-over-year declines. 3D printer sales are central to the company's razor-and-blade-like business model because they drive recurring sales of print materials, which sport high profit margins.
As for print materials, revenue went up only 3%, but management reiterated on the earnings call what it said last quarter: The strong improvement in 3D printer sales should start to boost material sales later this year, with the full effect kicking in next year. If and when this happens, investors should see profitability tick up solidly.
Expounding on 3D printer sales, management said on the call that the unnamed Fortune 50 company that had been a beta tester for its speedy, large-scale Figure 4 production system "converted to a sale" in the quarter. The company also began shipping some of its many new products slated for a 2018 rollout, including the FabPro 1000 industrial desktop printer and the ProX SLS 6100.
What management had to say
Here's what CEO Vyomesh Joshi had to say in the press release:
As to the Georg Fisher partnership announced on Tuesday, the companies said in the press release that the teaming "will [combine] the strength of 3D Systems' innovation and expertise in additive manufacturing with GF Machining Solutions' renowned leadership in precision machining" to "enable manufacturers to more efficiently produce complex metal parts within tight tolerances, and reduce total cost of operation."
Looking ahead
Much like last quarter, results for 3D Systems were largely a mixed bag. The big positives were once again strength in both 3D printer and healthcare revenue. However, as with last quarter, the year-over-year growth in revenue was accompanied by weaker key profitability metrics, namely GAAP gross margin and adjusted earnings. Unlike last quarter, though, GAAP net income -- which is negative -- didn't decline year over year but held its own.
Management said in the earnings presentation that "[t]roughout the remainder of 2018, we expect to start shipping modular Figure 4
systems, as well as the DMP 350 and large frame DMP 500 systems."
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) released its second-quarter 2018 financial results after the market close on Tuesday. The company also began shipping some of its many new products slated for a 2018 rollout, including the FabPro 1000 industrial desktop printer and the ProX SLS 6100. What management had to say Here's what CEO Vyomesh Joshi had to say in the press release: As to the Georg Fisher partnership announced on Tuesday, the companies said in the press release that the teaming "will [combine] the strength of 3D Systems' innovation and expertise in additive manufacturing with GF Machining Solutions' renowned leadership in precision machining" to "enable manufacturers to more efficiently produce complex metal parts within tight tolerances, and reduce total cost of operation."
|
3D Systems (NYSE: DDD) released its second-quarter 2018 financial results after the market close on Tuesday. 3D Systems' key quarterly numbers Data source: 3D Systems. Management reviewed on the earnings call how key categories performed: 3D printers (within product): Revenue surged 41% year over year to $39.2 million, while the number of units sold increased 37%.
|
3D Systems (NYSE: DDD) released its second-quarter 2018 financial results after the market close on Tuesday. The diversified 3D printing company's revenue grew nearly 11% year over year, driven by strength in 3D printer sales and healthcare. Management reviewed on the earnings call how key categories performed: 3D printers (within product): Revenue surged 41% year over year to $39.2 million, while the number of units sold increased 37%.
|
3D Systems (NYSE: DDD) released its second-quarter 2018 financial results after the market close on Tuesday. Management reviewed on the earnings call how key categories performed: 3D printers (within product): Revenue surged 41% year over year to $39.2 million, while the number of units sold increased 37%. As for print materials, revenue went up only 3%, but management reiterated on the earnings call what it said last quarter: The strong improvement in 3D printer sales should start to boost material sales later this year, with the full effect kicking in next year.
|
fd0d4e29-65f8-45c9-a3bf-4db6dc6e6a4b
|
716875.0
|
2018-08-08 00:00:00 UTC
|
3D Systems (DDD) Q2 Earnings and Revenues Top Estimates
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-q2-earnings-and-revenues-top-estimates-2018-08-08
|
nan
|
nan
|
3D Systems CorporationDDD reported non-GAAP earnings of 6 cents per share for second-quarter 2018 compared with 8 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at breakeven.
This 3D printer maker reported revenues of $176.6 million in the quarter, reflecting a year-over-year increase of 10.7%. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line. Moreover, revenues beat the Zacks Consensus Estimate of $166 million.
Management notes that growth in the company's legacy products, its go-to-market strategy and improvement in customer engagement were the key growth drivers.
The potential launch of products in second half of 2019 makes management optimistic.
Quarter Details
3D Systems' Healthcare revenues were up 26% to $61.4 million year over year, driven by growth across all categories. Notably, the company's on-demand manufacturing revenues were up 6% to $27.4 million, helped by its investments in facilities, customer experience and technology.
Software revenues remained flat year over year at $24.1 million. Material revenues increased 3% to $45 million. Printer revenues increased 41% and came in at $39.2 million. Meanwhile, printer unit sales surged 37% on increase in both production and professional unit sales.
Geographically, the company witnessed 6% growth in Americas and Europe and 38% in Asia Pacific. The change in management in Japan was accretive to growth.
In the reported quarter, non-GAAP gross margin contracted 170 basis points on a year-over-year basis to 48.9%. The decline was mainly due to unfavorable sales mix and increased investment in services, and on-demand manufacturing, which more than offset the cost-reduction benefits achieved from ongoing supply-chain initiatives.
In the reported quarter, the company's non-GAAP operating expenses rose 12% to $79 million, as SG&A (up 22%) expenses rose significantly, driven by the company's persistent investment in go-to-market, IT transformation, higher compensation cost and legal expense. Non-GAAP R&D expense declined 8% in the quarter.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
Cash Flow and Balance Sheet
3D Systems ended the second quarter with cash and cash equivalents of $119.3 million, down from $126.1 million as of the previous quarter. During the quarter, the company generated $10.7 million of cash from operational activities.
Zacks Rank & Key Picks
3D Systems currently has a Zacks Rank #3 (Hold).
A few better-ranked stocks in the broader technology sector are Zillow Group ZG , Science Applications SAIC and Verint Systems VRNT , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth for Zillow, Science Applications and Verint is projected to be 5%, 5% and 10%, respectively.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Zillow Group, Inc. (ZG): Free Stock Analysis Report
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report
Verint Systems Inc. (VRNT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD reported non-GAAP earnings of 6 cents per share for second-quarter 2018 compared with 8 cents in the year-ago quarter. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Zillow Group, Inc. (ZG): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Verint Systems Inc. (VRNT): Free Stock Analysis Report To read this article on Zacks.com click here. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Zillow Group, Inc. (ZG): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Verint Systems Inc. (VRNT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD reported non-GAAP earnings of 6 cents per share for second-quarter 2018 compared with 8 cents in the year-ago quarter. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Cash Flow and Balance Sheet 3D Systems ended the second quarter with cash and cash equivalents of $119.3 million, down from $126.1 million as of the previous quarter.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Zillow Group, Inc. (ZG): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Verint Systems Inc. (VRNT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD reported non-GAAP earnings of 6 cents per share for second-quarter 2018 compared with 8 cents in the year-ago quarter. In the reported quarter, the company's non-GAAP operating expenses rose 12% to $79 million, as SG&A (up 22%) expenses rose significantly, driven by the company's persistent investment in go-to-market, IT transformation, higher compensation cost and legal expense.
|
3D Systems CorporationDDD reported non-GAAP earnings of 6 cents per share for second-quarter 2018 compared with 8 cents in the year-ago quarter. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Zillow Group, Inc. (ZG): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Verint Systems Inc. (VRNT): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, revenues beat the Zacks Consensus Estimate of $166 million.
|
bf558810-31f4-4e50-b587-9fa576bf71fe
|
716876.0
|
2018-08-08 00:00:00 UTC
|
Morning Movers: Dow Drops as Disney Slumps, CVS Swells
|
DDD
|
https://www.nasdaq.com/articles/morning-movers-dow-drops-disney-slumps-cvs-swells-2018-08-08
|
nan
|
nan
|
That Didn't Last Long. The Dow Jones Industrial Average is trading lower ahead of the open. Without any headline catalysts, stocks had been drifting higher toward new gains on Wednesday. But it wouldn't be 2018 if there weren't tariff worries, as China announced 25% tariffs on $16 billion of U.S. goods. In today's Morning Movers, we...
Josh Felise
•...see what's swatted stocks away from record territory; •...talk about tariffs yet again; •...and take a look at Walt Disney's (DIS) earnings report.
August Angst
Stocks are trending lower on Wednesday, as worries about more tariffs hobbled indexes that are sitting just below record highs.
The Dow Jones Industrial Average futures are down 0.1%, while the S&P 500 is 0.2% lower and the Nasdaq Composite has slipped 0.3%.
With little else to focus on amid the summertime slowdown of news, worries about a trade war are enough to dull investors' enthusiasm today.
Still, stocks have kept pushing higher through recent trade worries, with the S&P 500 within a stone's throw of its 2,873 January high, a critical hurdle, notes Vermilion Research'sRoss LaDuke. While markets have been resilient so far, he writes that the leadership in defensive sectors, including consumer staples and utilities, give him pause. Not all's "gloomy," in his mind, but while he's still "constructive overall, our expectations are tempered as the market finds itself a crossroad."
Morgan Stanley's Michael Wilson, who hasn't been shy about his more cautious stance on the market, writes that the leadership by defensive sectors, along with lower revisions for the mighty tech sector and general weakness in growth stocks, are risk factors for momentum "which could be a trigger for a significant market correction." He argues that sector neutral momentum has been breaking down, and "lingering weakness here can feed on itself and invite further rotations, which will not be good for price momentum leaders - i.e. Tech and other leading growth stocks - or the market."
Warnings aside, investors have largely shrugged off worries, as the back-and-forth tariff rhetoric has hit Chinese stocks fairly hard without doing much to sap domestic equities' steam. While it looks like trade tensions will be with us for a while, "investors have chosen to focus on the strength of corporate earnings to push stocks higher," writes Ameriprise Chief Market Strategist David Joy.
Nonetheless, he warns that ultimately, tariffs could catch up with even strong U.S. markets. The longer the spat drags on, the more companies will have to start planning around expectations for higher costs and supply chain disruption. "So far, earnings expectations for the rest of the year have held up at approximately 20 percent. But FactSet also reports that expected results for the third quarter have come down slightly since the quarter began, a reversal from the experience of the first two quarters."
Yet until now, markets have been in the thrall of an exceptionally strong second-quarter reporting season, making worries about the back half of the year seem as distant as a snow storm on this hot August day-until they're not. After all, winter is coming.
Morning Movers
Earnings & News
3D Systems (DDD) is up 16.8% to $15.85 after reporting second-quarter earnings. The 3D printer maker earned six cents a share on revenue of $176.6 million. Analysts were looking for earnings of a penny on revenue of $165.93 million.
Albemarle (ALB) is up 2.7% to $95.34 after reporting second-quarter earnings. The chemicals company earned $1.36 a share on revenue of $854 million. Analysts were looking for earnings of $1.28 on revenue of $797.5 million. For the full year, it sees EPS of $5.30 to $5.50, compared with the $5.26 consensus estimate.
Avis Budget (CAR) is down 7% to $36 after reporting second-quarter earnings. The car rental firm earned 57 cents a share on revenue of $2.33 billion. Analysts were looking for earnings of 57 cents on revenue of $2.35 billion.
CVS Health (CVS) up 2.8% to $67.25 is after reporting second-quarter earnings. The pharmacy giant earned $1.69 a share on revenue of $46.71 billion. Analysts were looking for earnings of $1.61 on revenue of $46.34 billion. For the full year, it sees EPS of $6.98 to $7.08, compared with the $7 consensus estimate.
Tim Warner/Getty Images
Fossil (FOSL) is up 4.6% to $27.53 after reporting second-quarter earnings. The watch and accessories maker lost 16 cents a share on revenue of $576.6 million. Analysts were looking for a loss of 87 cents on revenue of $561.93 million. For the full year, it sees revenue of $2.51 billion to $2.62 billion, compared with the $2.6 billion consensus.
Michael Kors (KORS) is up 1.6% to $66.76 after reporting first-quarter earnings. The apparel and accessories maker earned $1.32 a share on revenue of $1.2 billion. Analysts were looking for earnings of 95 cents on revenue of $1.14 billion. For the full year, it sees EPS Of $4.90 to $5, compared with the $4.77 consensus estimate.
Mylan (MYL) is down 4% to $37 after reporting second-quarter earnings. The drug maker earned $1.07 a share on revenue of $2.81 billion. Analysts were looking for earnings of $1.22 on revenue of $2.95 billion. For the full year, it expects EPS of $4.55 to $4.90, compared with the $5.25 consensus. The board of directors also said it is " actively evaluating a wide range of alternatives to unlock the true value" of the company.
Shutterfly (SFLY) is up 8.7% to $90.80 after reporting second-quarter earnings. The photo service earned 38 cents a share on revenue of 443 million. Analysts were looking for a 39 cent loss on revenue of $447.01 million. For the full year, it sees EPS of $3.06 to $3.27, compared with the $2.99 consensus estimate.
Snap (SNAP) is down 1.3% to $12.95 after reporting second-quarter earnings. The social media firm lost 14 cents a share on revenue of $262.26 million. Analysts were looking for a 17-cent loss on revenue of $249.61 million.
Walt Disney (DIS) is down 1.7% to $114.57 after reporting third-quarter earnings. The entertainment giant earned $1.87 a share on revenue of $15.23 billion. Analysts were looking for earnings of $1.95 on revenue of $15.34 billion.
Upgrades & Downgrades
Audentes Therapeutics (BOLD) is up 4% to $35.63 after Mizuho upgraded it to Buy.
BioCryst Pharmaceuticals (BCRX) is dup 4% to $6.30 after JPMorgan resumed coverage with an Overweight rating.
Dean Foods (DF) is up 0.9% to $8.11 after Deutsche Bank upgraded it to Hold.
Mallinckrodt (MNK) is down 1.5% to $29 after Raymond James downgraded it to Market Perform.
Sign up to Review & Preview, a new daily email from Barron's. Every evening we'll review the news that moved markets during the day and look ahead to what it means for your portfolio in the morning.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Morning Movers Earnings & News 3D Systems (DDD) is up 16.8% to $15.85 after reporting second-quarter earnings. Warnings aside, investors have largely shrugged off worries, as the back-and-forth tariff rhetoric has hit Chinese stocks fairly hard without doing much to sap domestic equities' steam. While it looks like trade tensions will be with us for a while, "investors have chosen to focus on the strength of corporate earnings to push stocks higher," writes Ameriprise Chief Market Strategist David Joy.
|
Morning Movers Earnings & News 3D Systems (DDD) is up 16.8% to $15.85 after reporting second-quarter earnings. The Dow Jones Industrial Average is trading lower ahead of the open. In today's Morning Movers, we... Josh Felise •...see what's swatted stocks away from record territory; •...talk about tariffs yet again; •...and take a look at Walt Disney's (DIS) earnings report.
|
Morning Movers Earnings & News 3D Systems (DDD) is up 16.8% to $15.85 after reporting second-quarter earnings. Morgan Stanley's Michael Wilson, who hasn't been shy about his more cautious stance on the market, writes that the leadership by defensive sectors, along with lower revisions for the mighty tech sector and general weakness in growth stocks, are risk factors for momentum "which could be a trigger for a significant market correction." Analysts were looking for earnings of 57 cents on revenue of $2.35 billion.
|
Morning Movers Earnings & News 3D Systems (DDD) is up 16.8% to $15.85 after reporting second-quarter earnings. August Angst Stocks are trending lower on Wednesday, as worries about more tariffs hobbled indexes that are sitting just below record highs. The chemicals company earned $1.36 a share on revenue of $854 million.
|
720f4d5c-d6bc-451f-9fc9-324a2b01d771
|
716877.0
|
2018-08-08 00:00:00 UTC
|
What Happened in the Stock Market Today
|
DDD
|
https://www.nasdaq.com/articles/what-happened-stock-market-today-2018-08-08
|
nan
|
nan
|
Stocks mostly moved sideways Wednesday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) ending the session with small losses.
Today's stock market
Data source: Yahoo! Finance.
The price of crude oil fell more than 3%, dragging down the energy sector; the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT: XOP) fell 1.6%. Banks had a good day, with the SPDR S&P Regional Banking ETF (NYSEMKT: KRE) closing up 0.8%.
As for individual stocks, Walt Disney (NYSE: DIS) reported an earnings disappointment and briefed analysts on its streaming plans, while 3D Systems (NYSE: DDD) soared on higher printer sales.
Disney looks to the future
Disney reported second-quarter earnings that were below expectations, but took the opportunity to share more of its vision for its streaming service, emphasizing the role that will be played by the assets it is acquiring from Twenty-First Century Fox (NASDAQ: FOX) (NASDAQ: FOXA) . Revenue grew 7% to $15.23 billion and earnings per share, adjusted for a one-time benefit from the new tax law, jumped 18.4% to $1.87. Analysts were expecting adjusted EPS of $1.95, and shares slumped 2.2%.
From a segment revenue perspective, media networks grew 5% to $6.2 billion, parks and resorts was up 6% to $5.2 billion, studio entertainment revenue jumped 20% to $2.9 billion, but consumer products and interactive media fell 8% to $1.0 billion.
In the conference call , Disney said it is on track for a late-2019 launch of its streaming service, and is investing in numerous projects to create content for it, including a live-action Star Wars series. The company is also creating new Marvel-based content, with the Fox deal giving it access to X-Men, The Fantastic Four, and Deadpool when the deal completes. Disney also plans to invest to expand National Geographic and FX to support its direct-to-consumer offerings.
Disney will likely have three streaming services by the end of next year: ESPN Plus, Hulu, and a family-oriented Disney service. With a strong offering from its studios in 2019, including Captain Marvel , Dumbo , Avengers , Aladdin , Toy Story 4 , The Lion King , Artemis Fowl , Jungle Cruise , Frozen 2 , and Star Wars: Episode IX , the company should have plenty of premium content in the pipeline to support pricing of the service.
3D Systems reports strong printer sales
3D Systems blew away analyst expectations with its second-quarter results , and shares skyrocketed 32.4%. Revenue grew 10.7% to $176.6 million, above the $165.9 million consensus forecast, and the company lost $0.08 on a GAAP basis. Non-GAAP earnings per share came in at $0.06, while Wall Street was expecting only $0.01.
Product revenue increased 13.5% to $110.8 million and services revenue was up 6.3% to $65.8 million. Printer revenue, part of the product category, increased 41% on 37% higher unit sales. Materials, which are consumed in the company's razor-and-blades model, had a 3% sales gain to $45.0 million. Healthcare solutions, a segment that spans both product and service categories, grew revenue by 26% to $61.4 million. Gross margin declined to 48.8% from 50.6% in the period a year earlier.
"We are pleased with our results for the second quarter, which were driven by strong revenue growth, including growth in both printer revenue and units as we continue to improve execution and are seeing the early returns on our investments in both innovation and go-to-market," CEO Vyomesh Joshi said in the press release.
Investors were pleased with the top-line printer growth for the rebounding company , especially since the numbers don't include revenue from new products that it is launching and that could provide an even bigger boost in the next few quarters.
Offer from The Motley Fool: The 10 best stocks to buy now
Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. In fact, the newsletter they run, Motley Fool Stock Advisor , has tripled the S&P 500!*
Tom and David just revealed their ten top stock picks for investors to buy right now.
Click here to get access to the full list!
* Stock Advisor returns as of Aug. 6, 2018.
Jim Crumly owns shares of Walt Disney. The Motley Fool owns shares of and recommends Walt Disney. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
As for individual stocks, Walt Disney (NYSE: DIS) reported an earnings disappointment and briefed analysts on its streaming plans, while 3D Systems (NYSE: DDD) soared on higher printer sales. In the conference call , Disney said it is on track for a late-2019 launch of its streaming service, and is investing in numerous projects to create content for it, including a live-action Star Wars series. With a strong offering from its studios in 2019, including Captain Marvel , Dumbo , Avengers , Aladdin , Toy Story 4 , The Lion King , Artemis Fowl , Jungle Cruise , Frozen 2 , and Star Wars: Episode IX , the company should have plenty of premium content in the pipeline to support pricing of the service.
|
As for individual stocks, Walt Disney (NYSE: DIS) reported an earnings disappointment and briefed analysts on its streaming plans, while 3D Systems (NYSE: DDD) soared on higher printer sales. From a segment revenue perspective, media networks grew 5% to $6.2 billion, parks and resorts was up 6% to $5.2 billion, studio entertainment revenue jumped 20% to $2.9 billion, but consumer products and interactive media fell 8% to $1.0 billion. 3D Systems reports strong printer sales 3D Systems blew away analyst expectations with its second-quarter results , and shares skyrocketed 32.4%.
|
As for individual stocks, Walt Disney (NYSE: DIS) reported an earnings disappointment and briefed analysts on its streaming plans, while 3D Systems (NYSE: DDD) soared on higher printer sales. Disney looks to the future Disney reported second-quarter earnings that were below expectations, but took the opportunity to share more of its vision for its streaming service, emphasizing the role that will be played by the assets it is acquiring from Twenty-First Century Fox (NASDAQ: FOX) (NASDAQ: FOXA) . From a segment revenue perspective, media networks grew 5% to $6.2 billion, parks and resorts was up 6% to $5.2 billion, studio entertainment revenue jumped 20% to $2.9 billion, but consumer products and interactive media fell 8% to $1.0 billion.
|
As for individual stocks, Walt Disney (NYSE: DIS) reported an earnings disappointment and briefed analysts on its streaming plans, while 3D Systems (NYSE: DDD) soared on higher printer sales. Disney will likely have three streaming services by the end of next year: ESPN Plus, Hulu, and a family-oriented Disney service. Product revenue increased 13.5% to $110.8 million and services revenue was up 6.3% to $65.8 million.
|
4be09485-56c0-4fa0-b531-f25f6af0a70b
|
716878.0
|
2018-08-08 00:00:00 UTC
|
Mid-Morning Market Update: Markets Edge Lower; CVS Health Profit Tops Expectations
|
DDD
|
https://www.nasdaq.com/articles/mid-morning-market-update-markets-edge-lower-cvs-health-profit-tops-expectations-2018-08
|
nan
|
nan
|
Following the market opening Wednesday, the Dow traded down 0.18 percent to 25,583.70 while the NASDAQ declined 0.08 percent to 7,877.32. The S&P also fell, dropping 0.10 percent to 2,855.46.
Leading and Lagging Sectors
Wednesday morning, the financial shares climbed 0.29 percent. Meanwhile, top gainers in the sector included Beneficial Bancorp, Inc. (NASDAQ: BNCL ) up 14 percent, and Golden Bull Limited (NASDAQ: DNJR ) up 14 percent.
In trading on Wednesday, energy shares fell 0.78 percent.
Top Headline
CVS Health Corp (NYSE: CVS ) reported better-than-expected earnings for its second quarter and raised its FY18 earnings guidance.
The retail pharmacy and health care company said it earned $1.69 per share in the second quarter on revenue of $46.7 billion versus expectations of $1.61 per share and $46.34 billion. CVS now expects FY18 adjusted earnings of $6.98-$7.08 per share, versus earlier outlook of $6.87-$7.08 per share.
The company also updated its pending merger with Aetna Inc (NYSE: AET ) and said it expects to close in early Q4 if not earlier.
Equities Trading UP
Ability Inc. (NASDAQ: ABIL ) shares shot up 132 percent to $6.548.
Shares of 3D Systems Corporation (NYSE: DDD ) got a boost, shooting up 31 percent to $17.785 following upbeat Q2 earnings.
Applied Optoelectronics, Inc. (NASDAQ: AAOI ) shares were also up, gaining 17 percent to $43.57 after the company reported upbeat earnings for its second quarter.
Equities Trading DOWN
Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE ) shares dropped 69 percent to $0.8947 after the FDA said the company's trial for AP-0003-C was not adequate. The FDA is recommending Ampio performs a randomized trial.
Shares of Extreme Networks, Inc. (NASDAQ: EXTR ) were down 33 percent to $5.99 after the company posted downbeat Q4 sales and issued a weak forecast for the first quarter.
Core Molding Technologies, Inc. (NYSE: CMT ) was down, falling around 30 percent to $9.60 following Q2 results. Core Molding posted Q2 earnings of $0.06 per share on sales of $68.6 million.
Commodities
In commodity news, oil traded down 1.42 percent to $68.19 while gold traded down 0.24 percent to $1,215.40.
Silver traded down 0.41 percent Wednesday to $15.31, while copper fell 0.33 to $2.743.
Eurozone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.23 percent, the Spanish Ibex Index fell 0.62 percent, while Italy's FTSE MIB Index dropped 0.12 percent. Meanwhile the German DAX slipped 0.02 percent, and the French CAC 40 fell 0.19 percent while U.K. shares rose 0.68 percent.
Economics
The Energy Information Administration's weekly report on petroleum inventories in the U.S. will be released at 10:30 a.m. ET.
The Treasury is set to auction 10-year notes at 1:00 p.m. ET.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Profit with More New & Research . Gain access to a streaming platform with all the information you need to invest better today. Click here to start your 14 Day Trial of Benzinga Professional
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Shares of 3D Systems Corporation (NYSE: DDD ) got a boost, shooting up 31 percent to $17.785 following upbeat Q2 earnings. Applied Optoelectronics, Inc. (NASDAQ: AAOI ) shares were also up, gaining 17 percent to $43.57 after the company reported upbeat earnings for its second quarter. Equities Trading DOWN Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE ) shares dropped 69 percent to $0.8947 after the FDA said the company's trial for AP-0003-C was not adequate.
|
Shares of 3D Systems Corporation (NYSE: DDD ) got a boost, shooting up 31 percent to $17.785 following upbeat Q2 earnings. In trading on Wednesday, energy shares fell 0.78 percent. Equities Trading UP Ability Inc. (NASDAQ: ABIL ) shares shot up 132 percent to $6.548.
|
Shares of 3D Systems Corporation (NYSE: DDD ) got a boost, shooting up 31 percent to $17.785 following upbeat Q2 earnings. Equities Trading DOWN Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE ) shares dropped 69 percent to $0.8947 after the FDA said the company's trial for AP-0003-C was not adequate. The eurozone's STOXX 600 fell 0.23 percent, the Spanish Ibex Index fell 0.62 percent, while Italy's FTSE MIB Index dropped 0.12 percent.
|
Shares of 3D Systems Corporation (NYSE: DDD ) got a boost, shooting up 31 percent to $17.785 following upbeat Q2 earnings. In trading on Wednesday, energy shares fell 0.78 percent. CVS now expects FY18 adjusted earnings of $6.98-$7.08 per share, versus earlier outlook of $6.87-$7.08 per share.
|
6fe7f369-603f-4803-8b27-12da7cd43140
|
716879.0
|
2018-08-08 00:00:00 UTC
|
Why 3D Systems Corp. Shares Jumped More Than 35% Higher Today
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-corp-shares-jumped-more-35-higher-today-2018-08-08
|
nan
|
nan
|
What happened
Shares of 3D-printing and 3D-scanning specialist 3D Systems (NYSE: DDD) surged as much as 37.8% higher on Wednesday, following a strong second-quarter earnings report. By 3:25 p.m. EDT, the stock had cooled down slightly to a 35% gain over Tuesday's closing prices.
So what
In the second quarter, 3D Systems' top-line sales rose 11% above the year-ago period's reading, landing at $176.6 million. Your average analyst would have settled for roughly $166 million. Further down the income statement, adjusted earnings fell 25% year over year to $0.06 per share, but the Street had only been looking for a $0.01 profit per share.
The company's printer shipment volumes rose 37% year over year, following a 44% annual gain in the first quarter. Looking ahead, 3D Systems is ramping up its marketing and manufacturing efforts in support of several brand-new 3D-printing products, some of which are already shipping, while others will appear later in the year.
Now what
On the heels of a couple of difficult years with falling revenues and negative free cash flows, 3D Systems has now reported positive year-over-year revenue growth in five of the last six quarters. Trailing free cash flows are still negative as the company puts its back into the new product launches, which requires significant cash investments up front, but the company is on an upswing as a whole . This earnings report simply highlighted and underscored that general trend.
It's no surprise to see investors embracing this rock-solid report today, even if the magnitude of the price surge was a bit of a shocker.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of August 6, 2018
Anders Bylund has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D-printing and 3D-scanning specialist 3D Systems (NYSE: DDD) surged as much as 37.8% higher on Wednesday, following a strong second-quarter earnings report. Looking ahead, 3D Systems is ramping up its marketing and manufacturing efforts in support of several brand-new 3D-printing products, some of which are already shipping, while others will appear later in the year. It's no surprise to see investors embracing this rock-solid report today, even if the magnitude of the price surge was a bit of a shocker.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of 3D-printing and 3D-scanning specialist 3D Systems (NYSE: DDD) surged as much as 37.8% higher on Wednesday, following a strong second-quarter earnings report. Now what On the heels of a couple of difficult years with falling revenues and negative free cash flows, 3D Systems has now reported positive year-over-year revenue growth in five of the last six quarters.
|
What happened Shares of 3D-printing and 3D-scanning specialist 3D Systems (NYSE: DDD) surged as much as 37.8% higher on Wednesday, following a strong second-quarter earnings report. Now what On the heels of a couple of difficult years with falling revenues and negative free cash flows, 3D Systems has now reported positive year-over-year revenue growth in five of the last six quarters. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
|
What happened Shares of 3D-printing and 3D-scanning specialist 3D Systems (NYSE: DDD) surged as much as 37.8% higher on Wednesday, following a strong second-quarter earnings report. The company's printer shipment volumes rose 37% year over year, following a 44% annual gain in the first quarter. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.
|
9ae3576c-2f52-48e4-a2a5-7494c59ad1d4
|
716880.0
|
2018-08-08 00:00:00 UTC
|
Technology Sector Update for 08/08/2018: DDD,MGIC,SABR,SINA
|
DDD
|
https://www.nasdaq.com/articles/technology-sector-update-08082018-dddmgicsabrsina-2018-08-08
|
nan
|
nan
|
Top Tech Stocks
MSFT +0.66%
AAPL +0.08%
IBM -0.07%
CSCO +0.71%
GOOG +0.83%
Technology stocks firmed in late Wednesday trading, with the shares of tech stocks in the S&P 500 were adding slightly less than 0.4% in value while the Philadelphia Semiconductor Index also was rising just under 0.4%.
Among technology stocks moving on news:
+ 3D Systems Corp ( DDD ) soared to its best share price since June 2017, rising almost 38% to $18.70 a share, after late Tuesday reporting stronger-than-expected Q2 financial results. Excluding one-time items, the three-dimensional printer company earned $0.06 per share during the June quarter, down from $0.08 per share in the year-ago period but still beating the Capital IQ consensus by $0.05 per share. Q2 revenue grew 11% year over year to $176.6 million, also surpassing the $165.9 million analyst mean.
In other sector news:
+ Magic Software Enterprises ( MGIC ) was holding on to a nearly 2% gain Wednesday after reporting adjusted Q2 net income of $0.16 per share, improving on a $0.13 per share non-GAAP profit during the year-ago period and beating the Capital IQ consensus by $0.01 per share. The better-than-expected earnings upstaged revenue trailing analyst projections, rising to $70.2 million from $65.5 million last year but still lagging the $72.5 million Street view.
+ Sabre ( SABR ) was edging higher Wednesday afternoon, erasing a nearly 3% decline soon after the opening bell that followed the technology consultants pricing a $372.8 million secondary offering of 15 million shares previously held by TPG Global and Silver Lake Management Co at $24.85 apiece, representing a 1.6% discount to Tuesday's closing price.
- Sina ( SINA ) dropped to a 15-month low on Wednesday, falling almost 7% to its lowest price since April 2017 at $75.24 a share, after the Chinese online advertising platform reported net and non-GAAP revenue both trailing analyst estimates. Net revenue rose 50% year over year to $537.4 million, matching the 50% increase to $534.8 million for its adjusted net revenue over year-ago levels, but still lagging the Capital IQ consensus expecting $538.1 million in total revenue. Excluding one-time items, Sina earned $0.89 per share during the three months ended June 30, topping the Street view by $0.17 per share.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Among technology stocks moving on news: + 3D Systems Corp ( DDD ) soared to its best share price since June 2017, rising almost 38% to $18.70 a share, after late Tuesday reporting stronger-than-expected Q2 financial results. + Sabre ( SABR ) was edging higher Wednesday afternoon, erasing a nearly 3% decline soon after the opening bell that followed the technology consultants pricing a $372.8 million secondary offering of 15 million shares previously held by TPG Global and Silver Lake Management Co at $24.85 apiece, representing a 1.6% discount to Tuesday's closing price. - Sina ( SINA ) dropped to a 15-month low on Wednesday, falling almost 7% to its lowest price since April 2017 at $75.24 a share, after the Chinese online advertising platform reported net and non-GAAP revenue both trailing analyst estimates.
|
Among technology stocks moving on news: + 3D Systems Corp ( DDD ) soared to its best share price since June 2017, rising almost 38% to $18.70 a share, after late Tuesday reporting stronger-than-expected Q2 financial results. The better-than-expected earnings upstaged revenue trailing analyst projections, rising to $70.2 million from $65.5 million last year but still lagging the $72.5 million Street view. Net revenue rose 50% year over year to $537.4 million, matching the 50% increase to $534.8 million for its adjusted net revenue over year-ago levels, but still lagging the Capital IQ consensus expecting $538.1 million in total revenue.
|
Among technology stocks moving on news: + 3D Systems Corp ( DDD ) soared to its best share price since June 2017, rising almost 38% to $18.70 a share, after late Tuesday reporting stronger-than-expected Q2 financial results. Excluding one-time items, the three-dimensional printer company earned $0.06 per share during the June quarter, down from $0.08 per share in the year-ago period but still beating the Capital IQ consensus by $0.05 per share. In other sector news: + Magic Software Enterprises ( MGIC ) was holding on to a nearly 2% gain Wednesday after reporting adjusted Q2 net income of $0.16 per share, improving on a $0.13 per share non-GAAP profit during the year-ago period and beating the Capital IQ consensus by $0.01 per share.
|
Among technology stocks moving on news: + 3D Systems Corp ( DDD ) soared to its best share price since June 2017, rising almost 38% to $18.70 a share, after late Tuesday reporting stronger-than-expected Q2 financial results. The better-than-expected earnings upstaged revenue trailing analyst projections, rising to $70.2 million from $65.5 million last year but still lagging the $72.5 million Street view. Net revenue rose 50% year over year to $537.4 million, matching the 50% increase to $534.8 million for its adjusted net revenue over year-ago levels, but still lagging the Capital IQ consensus expecting $538.1 million in total revenue.
|
10a0078a-17bf-4c64-b0cc-742f4fa49b54
|
716881.0
|
2018-08-05 00:00:00 UTC
|
3D Systems Earnings on Tap -- Here's What to Watch
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-tap-heres-what-watch-2018-08-05
|
nan
|
nan
|
3D Systems (NYSE: DDD) is slated to report its second-quarter 2018 earnings after the market close on Tuesday, Aug. 7
Unlike the last two quarters, its main rival in the diversified 3D printing space, Stratasys, isn't scheduled to report on the same day. Stratasys already reported its results : On Aug. 1, it turned in results better than what most investors were likely expecting.
3D Systems is approaching earnings with its shares up more than 48% in 2018 through Aug. 3, though they're down nearly 25% over the one-year period through the same date. The S&P 500 has returned 7.4% so far in 2018 and nearly 17% over the past year, while Stratasys stock has gained 10% this year and is down 9.4% over the past year.
Key numbers
Here are the year-ago quarter's results to use as benchmarks.
Data source: 3D Systems.
This will be the first time since the fourth quarter of 2016 that investors will have a "clean" year-over-year revenue comparison. 3D Systems' acquisition in the first quarter of 2017 of a maker of dental materials has clouded the company's organic revenue growth over the past year. More specifically, it's clouded the company's organic revenue growth in its healthcare and materials classifications.
Wall Street expects 3D Systems to deliver adjusted EPS of $0.01 on revenue of $165.9 million, representing an 88% decline and a 4.4% increase, respectively, over the year-ago period. While long-term investors shouldn't place too much importance on the Street's near-term estimates, they're helpful to keep in mind because they often help make sense out of market reactions.
For a wider perspective, in the first quarter , 3D Systems' revenue increased 6.1% year over year, while its GAAP loss widened 11% to $0.10 per share. On an adjusted basis, the company posted a loss of $0.03 per share, versus EPS of $0.06 in the year-ago quarter.
In addition to the key numbers, here's what to focus on in the report.
3D printer revenue
In the first quarter, 3D printer revenue increased 24% from the year-ago quarter -- a surprisingly strong result. This metric was approximately flat in the previous quarter, the fourth quarter of 2017, after steadily declining for about three years. Last quarter's result was encouraging, but investors should be looking for a couple of more quarters showing growth in this metric to feel confident there's a true rebound in demand for the company's 3D printers. Moreover, with gross margin and other measures of profitability declining on a year-over-year basis last quarter, it's possible the uptrend in 3D printer revenue last quarter was driven by the company's sacrificing some profitability for sales.
The reason 3D printer sales are particularly important is that they're the driver of recurring sales of high-margin print materials in the company's razor-and-blade-like business model .
Figure 4 sales
Production systems based on Figure 4 technology were due to begin shipping this summer, according to management's remarks on last quarter's earnings call. (Figure 4 is a speedy, scalable, robotic, stereolithography, or SLA, 3D printing system designed to produce small plastic parts.) So investors should expect some commentary on this topic on the earnings call.
Last year, CEO Vyomesh Joshi said management expected Figure 4 to be a "significant" catalyst for growth in 2018. So investors should get some idea this quarter -- or next quarter at the latest -- if that expectation looks likely to pan out.
2018 guidance
We'll be just over seven months through the year when 3D Systems releases earnings. So it seems reasonable to expect that management would be able to provide an outlook -- even if not "official" -- for the company's full-year 2018 financial performance.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of June 4, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) is slated to report its second-quarter 2018 earnings after the market close on Tuesday, Aug. 7 Unlike the last two quarters, its main rival in the diversified 3D printing space, Stratasys, isn't scheduled to report on the same day. 3D Systems' acquisition in the first quarter of 2017 of a maker of dental materials has clouded the company's organic revenue growth over the past year. Wall Street expects 3D Systems to deliver adjusted EPS of $0.01 on revenue of $165.9 million, representing an 88% decline and a 4.4% increase, respectively, over the year-ago period.
|
3D Systems (NYSE: DDD) is slated to report its second-quarter 2018 earnings after the market close on Tuesday, Aug. 7 Unlike the last two quarters, its main rival in the diversified 3D printing space, Stratasys, isn't scheduled to report on the same day. 3D Systems' acquisition in the first quarter of 2017 of a maker of dental materials has clouded the company's organic revenue growth over the past year. For a wider perspective, in the first quarter , 3D Systems' revenue increased 6.1% year over year, while its GAAP loss widened 11% to $0.10 per share.
|
3D Systems (NYSE: DDD) is slated to report its second-quarter 2018 earnings after the market close on Tuesday, Aug. 7 Unlike the last two quarters, its main rival in the diversified 3D printing space, Stratasys, isn't scheduled to report on the same day. 3D Systems' acquisition in the first quarter of 2017 of a maker of dental materials has clouded the company's organic revenue growth over the past year. For a wider perspective, in the first quarter , 3D Systems' revenue increased 6.1% year over year, while its GAAP loss widened 11% to $0.10 per share.
|
3D Systems (NYSE: DDD) is slated to report its second-quarter 2018 earnings after the market close on Tuesday, Aug. 7 Unlike the last two quarters, its main rival in the diversified 3D printing space, Stratasys, isn't scheduled to report on the same day. Stratasys already reported its results : On Aug. 1, it turned in results better than what most investors were likely expecting. For a wider perspective, in the first quarter , 3D Systems' revenue increased 6.1% year over year, while its GAAP loss widened 11% to $0.10 per share.
|
f67889c1-460f-4577-aeb0-2de86e15208c
|
716882.0
|
2018-07-26 00:00:00 UTC
|
Why 3D Systems Corporation Stock Dropped 11% This Morning
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-corporation-stock-dropped-11-morning-2018-07-26
|
nan
|
nan
|
What happened
Shares of 3D-printer manufacturer 3D Systems (NYSE: DDD) plunged as much as 11% in response to an analyst downgrade on Thursday. As of 2:50 p.m. EDT, the stock has rebounded somewhat -- but is still down 5.1%.
Wall Street analyst Piper Jaffray cut its rating on 3D from "neutral" to "underweight" (analyst-speak for "sell"), and assigned the stock a $10 price target, implying an additional 25% downside from its already-lower price.
So what
Citing findings from a survey it conducted, Piper says that demand for new 3D printers declined sequentially in the most recent quarter, since Q1 2018; more of 3D's customers said they expect to buy fewer printers than previously planned, than said they will be buying more.
In Piper's view, however, the primary cause for this isn't weak demand for printers -- it's increased competition from the likes of (among others): HP ; General Electric ; privately held Formlabs, Inc. of Somerville, Massachusetts; and Carbon, Inc. of Redwood City, California. (Perhaps importantly, Piper did not cite 3D's archrival Stratasys as one of the companies stealing away its business.)
Now what
In a note covered by StreetInsider.com , Piper further predicted that while 3D Systems may enjoy continued success in growing sales, it "will need to increase spending on direct sales, customer support and consulting" to do so, with the result that even growing sales will not result in "meaningful profitability ... throughout 2018."
Sad to say, that tallies pretty well with what other analysts are saying about 3D Systems. According to data from S&P Global Market Intelligence , few analysts see the company turning profitable before 2020, and sell ratings on 3D Systems stock now outnumber buys 5-to-1.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of June 4, 2018
Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D-printer manufacturer 3D Systems (NYSE: DDD) plunged as much as 11% in response to an analyst downgrade on Thursday. In Piper's view, however, the primary cause for this isn't weak demand for printers -- it's increased competition from the likes of (among others): HP ; General Electric ; privately held Formlabs, Inc. of Somerville, Massachusetts; and Carbon, Inc. of Redwood City, California. According to data from S&P Global Market Intelligence , few analysts see the company turning profitable before 2020, and sell ratings on 3D Systems stock now outnumber buys 5-to-1.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of 3D-printer manufacturer 3D Systems (NYSE: DDD) plunged as much as 11% in response to an analyst downgrade on Thursday. According to data from S&P Global Market Intelligence , few analysts see the company turning profitable before 2020, and sell ratings on 3D Systems stock now outnumber buys 5-to-1.
|
What happened Shares of 3D-printer manufacturer 3D Systems (NYSE: DDD) plunged as much as 11% in response to an analyst downgrade on Thursday. Now what In a note covered by StreetInsider.com , Piper further predicted that while 3D Systems may enjoy continued success in growing sales, it "will need to increase spending on direct sales, customer support and consulting" to do so, with the result that even growing sales will not result in "meaningful profitability ... throughout 2018." According to data from S&P Global Market Intelligence , few analysts see the company turning profitable before 2020, and sell ratings on 3D Systems stock now outnumber buys 5-to-1.
|
What happened Shares of 3D-printer manufacturer 3D Systems (NYSE: DDD) plunged as much as 11% in response to an analyst downgrade on Thursday. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market. That's right -- they think these 10 stocks are even better buys.
|
fc71e5fa-39da-4528-aded-f170973ec94f
|
716883.0
|
2018-07-24 00:00:00 UTC
|
Why 3D Systems Corporation's Shares Plunged 12% Today
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-corporations-shares-plunged-12-today-2018-07-24
|
nan
|
nan
|
What happened
Shares of 3D Systems Corporation (NYSE: DDD) plunged as much as 12.1% in trading Tuesday, after the Trump administration opened up the possibility of 3D-printing guns. At the close of trading, shares were down 11.3% on the day.
So what
The Trump administration's State Department announced a settlement that will allow consumers to 3D-print guns like AR-15s for personal use. This will bypass all background checks and other regulations for guns.
3D-printed guns had been in a legal gray area, but that has ended for now with this announcement. But investors don't seem to be happy that 3D printers will be associated with guns, which could bring on more regulation.
Now what
This is kind of an odd move today, considering that the short-term sales of 3D printers may rise now that guns can be made with them. But the industry may not want the attention that guns bring, and at the moment, investors seem to feel the same way.
I don't think this fundamentally changes the investment thesis for 3D Systems, so investors looking at the stock may have a buying opportunity, but they should watch closely as the debate over 3D-printed guns continues.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of June 4, 2018
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D Systems Corporation (NYSE: DDD) plunged as much as 12.1% in trading Tuesday, after the Trump administration opened up the possibility of 3D-printing guns. Now what This is kind of an odd move today, considering that the short-term sales of 3D printers may rise now that guns can be made with them. I don't think this fundamentally changes the investment thesis for 3D Systems, so investors looking at the stock may have a buying opportunity, but they should watch closely as the debate over 3D-printed guns continues.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of 3D Systems Corporation (NYSE: DDD) plunged as much as 12.1% in trading Tuesday, after the Trump administration opened up the possibility of 3D-printing guns. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.
|
What happened Shares of 3D Systems Corporation (NYSE: DDD) plunged as much as 12.1% in trading Tuesday, after the Trump administration opened up the possibility of 3D-printing guns. I don't think this fundamentally changes the investment thesis for 3D Systems, so investors looking at the stock may have a buying opportunity, but they should watch closely as the debate over 3D-printed guns continues. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
|
What happened Shares of 3D Systems Corporation (NYSE: DDD) plunged as much as 12.1% in trading Tuesday, after the Trump administration opened up the possibility of 3D-printing guns. So what The Trump administration's State Department announced a settlement that will allow consumers to 3D-print guns like AR-15s for personal use. But investors don't seem to be happy that 3D printers will be associated with guns, which could bring on more regulation.
|
96545835-352d-4bca-bbf5-fcefdd9553ef
|
716884.0
|
2018-07-12 00:00:00 UTC
|
Why 3D Systems Corporation's Shares Have Jumped 70.1% in 2018
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-corporations-shares-have-jumped-701-2018-2018-07-12
|
nan
|
nan
|
What happened
Shares of 3D Systems Corporation (NYSE: DDD) have jumped a whopping 70.1% so far in 2018, according to data provided by S&P Global Market Intelligence , as financial performance finally started to improve. In the second half of the year, the company will need to prove the performance will continue.
So what
The 3D printing business has been in a funk for the last three years and 3D Systems has seen revenue stagnate and financial losses mount. In the first half of 2018, there were at least some signs that a reprieve is on the way.
First-quarter revenue was up 6.1% to $165.9 million and non-GAAP loss shrunk by half to $0.03 per share. Investors are looking for even the smallest signs that operations are going to turn around in 2018 and the early results were enough to send share prices higher.
DDD Net Income (TTM) data by YCharts
Now what
As impressive as 3D System's stock performance has been in 2018, keep in mind that shares are bouncing off an extreme low and are still down 83% from the start of 2014. Investors are speculating that we're at the beginning of a turnaround, but if that doesn't hold true, the stock could reverse all of its gains very quickly. I will be watching revenue growth and gross margins in the second half of the year to see if there's demand for the company's products and for any pricing power to maintain margins. If either lose momentum, the stock's recovery could be short lived.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of June 4, 2018
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Shares of 3D Systems Corporation (NYSE: DDD) have jumped a whopping 70.1% so far in 2018, according to data provided by S&P Global Market Intelligence , as financial performance finally started to improve. DDD Net Income (TTM) data by YCharts Now what As impressive as 3D System's stock performance has been in 2018, keep in mind that shares are bouncing off an extreme low and are still down 83% from the start of 2014. Investors are looking for even the smallest signs that operations are going to turn around in 2018 and the early results were enough to send share prices higher.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. What happened Shares of 3D Systems Corporation (NYSE: DDD) have jumped a whopping 70.1% so far in 2018, according to data provided by S&P Global Market Intelligence , as financial performance finally started to improve. DDD Net Income (TTM) data by YCharts Now what As impressive as 3D System's stock performance has been in 2018, keep in mind that shares are bouncing off an extreme low and are still down 83% from the start of 2014.
|
DDD Net Income (TTM) data by YCharts Now what As impressive as 3D System's stock performance has been in 2018, keep in mind that shares are bouncing off an extreme low and are still down 83% from the start of 2014. What happened Shares of 3D Systems Corporation (NYSE: DDD) have jumped a whopping 70.1% so far in 2018, according to data provided by S&P Global Market Intelligence , as financial performance finally started to improve. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
|
What happened Shares of 3D Systems Corporation (NYSE: DDD) have jumped a whopping 70.1% so far in 2018, according to data provided by S&P Global Market Intelligence , as financial performance finally started to improve. DDD Net Income (TTM) data by YCharts Now what As impressive as 3D System's stock performance has been in 2018, keep in mind that shares are bouncing off an extreme low and are still down 83% from the start of 2014. In the first half of 2018, there were at least some signs that a reprieve is on the way.
|
705fef77-634e-425e-847d-5c701cf30f59
|
716885.0
|
2018-06-22 00:00:00 UTC
|
HP Advances in 3D Printing With Production Center in China
|
DDD
|
https://www.nasdaq.com/articles/hp-advances-in-3d-printing-with-production-center-in-china-2018-06-22
|
nan
|
nan
|
HP Inc.HPQ recently announced that it is launching a production-graded 3D printing center in China in collaboration with Guangdong (Dali) 3D Printing Collaborative Innovation Platform.
Notably, this is HP's largest production-grade 3D printing facility in the Asia Pacific. Powered by Guangdong Lanwan Intelligence Technology, this HP Multi Jet Fusion Technology Mass Manufacturing Center is equipped with 10 printing systems to address the surge in demand for production related parts and prototypes, maintaining the quality and speed of production.
The opening of this center seems to be in line with the company's announcements in June last year regarding strengthening of its 3D Printing technologies in the Asia-Pacific region. Since the manufacturing sector of the region is worth more than $6 trillion, the expansion decision seems prudent.
HP is focusing on enhancing its 3D printing business capabilities. Even though HP has been operating in this space for almost five years now, the company lags behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . These initiatives are expected to aid HP make its mark in the 3D printing industry.
Unlike 3D Systems and Stratasys, which target all kinds of consumers, HP emphasizes only on industrial markets because of their ability to afford a premium range of 3D printing solutions. The company has collaborations with BMW, Nike, Autodesk and Jabil Circuit Inc. JBL among others, which have contributed to the company's top line.
Notably, HP's revenues climbed 13% year over year to $14 billion in the second quarter of fiscal 2018, with the Printing segment contributing $5.2 billion.
HP Inc. Revenue (TTM)
HP Inc. Revenue (TTM) | HP Inc. Quote
3D Printing Prospects
Luo Jun, executive director of China 3D Printing Technology Industry Alliance and president of Guangdong Lanwan Intelligence Technology stated that "the demand for 3D-printed production-grade parts will grow exponentially over the next few years as we shift from analog to digital manufacturing."
The 3D printing market presents remarkable long-term investment opportunities, as a large number of engineers, designers, architects and entrepreneurs are now turning to 3D solutions for primary designing and product modeling.
Data from a 2017 MarketsandMarkets report revealed that the worldwide 3D printing industry is expected to witness CAGR of 25.76% from 2017 to 2023 and reach $32.78 billion.
We believe that HP with its efforts will be able to grab a good share of the projected growth of the industry.
The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): Free Stock Analysis Report
Jabil, Inc. (JBL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Even though HP has been operating in this space for almost five years now, the company lags behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report Jabil, Inc. (JBL): Free Stock Analysis Report To read this article on Zacks.com click here. The opening of this center seems to be in line with the company's announcements in June last year regarding strengthening of its 3D Printing technologies in the Asia-Pacific region.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report Jabil, Inc. (JBL): Free Stock Analysis Report To read this article on Zacks.com click here. Even though HP has been operating in this space for almost five years now, the company lags behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . HP Inc. Revenue (TTM) HP Inc. Revenue (TTM) | HP Inc. Quote 3D Printing Prospects Luo Jun, executive director of China 3D Printing Technology Industry Alliance and president of Guangdong Lanwan Intelligence Technology stated that "the demand for 3D-printed production-grade parts will grow exponentially over the next few years as we shift from analog to digital manufacturing."
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report Jabil, Inc. (JBL): Free Stock Analysis Report To read this article on Zacks.com click here. Even though HP has been operating in this space for almost five years now, the company lags behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . Powered by Guangdong Lanwan Intelligence Technology, this HP Multi Jet Fusion Technology Mass Manufacturing Center is equipped with 10 printing systems to address the surge in demand for production related parts and prototypes, maintaining the quality and speed of production.
|
Even though HP has been operating in this space for almost five years now, the company lags behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report Jabil, Inc. (JBL): Free Stock Analysis Report To read this article on Zacks.com click here. The opening of this center seems to be in line with the company's announcements in June last year regarding strengthening of its 3D Printing technologies in the Asia-Pacific region.
|
a47454dc-ec02-436f-ae64-4289c509498c
|
716886.0
|
2018-06-20 00:00:00 UTC
|
HP Inc. Expands Its 3D Printing Footprint in China
|
DDD
|
https://www.nasdaq.com/articles/hp-inc-expands-its-3d-printing-footprint-china-2018-06-20
|
nan
|
nan
|
HP (NYSE: HPQ) recently partnered with Guangdong 3D Printing Collaborative Innovation Platform to open a new 3D printing center in China. The Lanwan Intelligence-HP Multi-Jet Fusion Technology Mass Manufacturing Center, located in the town of Dali, will host HP's largest ever deployment of production-grade 3D printers in Asia.
The center, which will be powered by 10 HP Multi-Jet Fusion 3D printing systems, will provide production-grade components and prototypes for manufacturers of cars, consumer goods, and other products.
"By deploying HP's Multi-Jet Fusion technology in our new digital manufacturing center in China, we can better -- and more quickly -- deliver cost-effective and production-grade parts to our customers," said Luo Jun, executive director of the China 3D Printing Technology Industry Alliance and president of Guangdong Lanwan Intelligence Technology.
HP also signed a Memorandum of Understanding with Guangdong Lanwan Intelligence Technology and the Institute of Foshan, Nanhai Guangdong Technology University to promote the adoption of 3D printers across Southern China. Let's consider how this partnership could strengthen HP's core business.
Why 3D printers matter to HP
After it spun off Hewlett-Packard Enterprise in late 2015, the "new" HP Inc. was left with just two business lines -- PCs and printers. Both were considered slow growth, but HP invested in fresh designs for its higher-end laptops and convertibles, while diversifying its printing unit away from traditional printers.
It launched new mobile printers, like the well-received Sprocket, for smartphones. And it acquired Samsung 's printing unit last year to expand its reach in the A3 multifunction printer market.
But most importantly, HP entered the industrial 3D printing market in 2016 with its Multi-Jet Fusion Technology printers. HP's ambitions to compete in that sector, which it initially revealed in 2014, caused shares of 3D printer makers Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) to tumble.
Source: YCharts
Stratasys and 3D Systems have both struggled to post stable profits. HP, by contrast, has deep pockets, brand recognition, and an entrenched position with enterprise customers, all of which gave it an edge against those smaller incumbents.
Source: YCharts
During last quarter's conference call, HP CEO Dion Weisler called the 3D printing market a "huge opportunity" that could "disrupt the $12 trillion global manufacturing market." The business remains a small revenue generator relative to its inkjet and laser printers, but Weisler noted that more enterprise customers were "placing repeat orders, upgrading their systems for higher volume manufacturing, and scaling with double-digit unit installations." The new center in China will complement the growth of that business in Asia, where HP generated over a fifth of its total revenues last quarter.
Weisler also previously stated that HP was developing 3D printers for metal objects. It hasn't launched them yet, but they could revolutionize how manufacturers produce metal components in the near future.
Another pillar of growth for a strong business
We don't know exactly how much revenue HP generates from 3D printing yet. Its 3D printer results are folded in with the other printers in its Commercial Printers unit, while their supplies are included in its Supplies segment. However, we know that its printing units are all posting solid growth.
HP's total printing revenues rose 11% annually to $5.2 billion last quarter , accounting for 37% of its top line, as total unit shipments climbed 13%. Commercial hardware shipments jumped 88% (boosted by the integration of Samsung's unit), and consumer hardware shipments rose 4%. Its total supplies revenue grew 8%.
That growth complemented the 14% sales growth at its PC unit, and boosted HP's total revenues by 13% to $14 billion for the quarter. Wall Street expects that momentum to continue with 11% sales growth and 21% earnings growth for the full year.
The key takeaway
HP's 3D printing unit will likely grow much larger over the next few years. IDC expects global spending on 3D printers, materials, software, and services to surge from the $13.2 billion it hit in 2016 to $28.9 billion in 2020, and HP arguably remains a much better bet for investors looking to profit from that growth than struggling rivals like Stratasys and 3D Systems.
10 stocks we like better than HP
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and HP wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of June 4, 2018
Leo Sun owns shares of HP. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
HP's ambitions to compete in that sector, which it initially revealed in 2014, caused shares of 3D printer makers Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) to tumble. The Lanwan Intelligence-HP Multi-Jet Fusion Technology Mass Manufacturing Center, located in the town of Dali, will host HP's largest ever deployment of production-grade 3D printers in Asia. The business remains a small revenue generator relative to its inkjet and laser printers, but Weisler noted that more enterprise customers were "placing repeat orders, upgrading their systems for higher volume manufacturing, and scaling with double-digit unit installations."
|
HP's ambitions to compete in that sector, which it initially revealed in 2014, caused shares of 3D printer makers Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) to tumble. Source: YCharts During last quarter's conference call, HP CEO Dion Weisler called the 3D printing market a "huge opportunity" that could "disrupt the $12 trillion global manufacturing market." Commercial hardware shipments jumped 88% (boosted by the integration of Samsung's unit), and consumer hardware shipments rose 4%.
|
HP's ambitions to compete in that sector, which it initially revealed in 2014, caused shares of 3D printer makers Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) to tumble. "By deploying HP's Multi-Jet Fusion technology in our new digital manufacturing center in China, we can better -- and more quickly -- deliver cost-effective and production-grade parts to our customers," said Luo Jun, executive director of the China 3D Printing Technology Industry Alliance and president of Guangdong Lanwan Intelligence Technology. Why 3D printers matter to HP After it spun off Hewlett-Packard Enterprise in late 2015, the "new" HP Inc. was left with just two business lines -- PCs and printers.
|
HP's ambitions to compete in that sector, which it initially revealed in 2014, caused shares of 3D printer makers Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) to tumble. The new center in China will complement the growth of that business in Asia, where HP generated over a fifth of its total revenues last quarter. It hasn't launched them yet, but they could revolutionize how manufacturers produce metal components in the near future.
|
7fa0f2e7-58ea-4b7c-912a-81a15c5ba942
|
716887.0
|
2018-06-19 00:00:00 UTC
|
3D Systems Launches On Demand Anatomical Modeling Service
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-launches-on-demand-anatomical-modeling-service-2018-06-19
|
nan
|
nan
|
3D Systems CorporationDDD recently announced that its new On Demand Anatomical Modeling Service is now available in the market. This service is meant for the assistance of medical professionals in educating patients or planning of surgeries with anatomical 3D printed models.
Notably, 3D Systems has connected its D2P software and the On Demand Anatomical Models website for the ease of creation of 3D model files from medical imaging data. The digital 3D file can also be prepared via other available software.
The company's D2P software has a unique volume virtual reality (VR) solution, which helps in the launch of the patient scan into a 3D VR environment without the need for pre-processed data. This in turn helps in the detailed visualization of the anatomy and development of 3D models.
Following the upload of the file on the On Demand Anatomical Models website, the material needs to be chosen and an instant quote generated. The generated quote needs to be verified and the 3D model is expected to be delivered approximately within five days of placing the order.
3D Systems in Healthcare
3D Systems has been serving the healthcare segment and has been gaining from the related initiatives as evident from its impressive financials of the segment. In first-quarter 2018, 3D Systems' Healthcare revenues were up 21% year over year to $52.4 million, driven by strong demand and growth across all categories.
We believe these new innovations will help the company leverage the growth potential of 3D printing in the healthcare segment, which is expected to reach $2.3 billion by 2020, at a CAGR of 26.2% between 2015 and 2020.
3D Systems Corporation Revenue (TTM)
3D Systems Corporation Revenue (TTM) | 3D Systems Corporation Quote
Overall Performance
3D Systems reported mixed results for first-quarter 2018. The company has been benefiting from favorable 3D printing industry fundamentals, led by rising demand for diverse application of this novel technology across several domains.
However, unfavorable sales mix, along with increased investment in services and on-demand manufacturing, and elevated operating expenses, more than offset the benefit of higher revenues.
Going forward, escalating R&D, IT and go-to-market expenses remain headwinds for this Zacks Rank #4 (Sell) stock.
Stocks to Consider
Some better-ranked technology stocks include NVIDIA Corporation NVDA , Western Digital Corporation WDC and Micron Technology, Inc. MU , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Long-term earnings growth rate for NVIDIA, Western Digital and Micron is currently projected to be 10.25%, 19% and 10%, respectively.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Western Digital Corporation (WDC): Free Stock Analysis Report
NVIDIA Corporation (NVDA): Free Stock Analysis Report
Micron Technology, Inc. (MU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD recently announced that its new On Demand Anatomical Modeling Service is now available in the market. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. We believe these new innovations will help the company leverage the growth potential of 3D printing in the healthcare segment, which is expected to reach $2.3 billion by 2020, at a CAGR of 26.2% between 2015 and 2020.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD recently announced that its new On Demand Anatomical Modeling Service is now available in the market. 3D Systems Corporation Revenue (TTM) 3D Systems Corporation Revenue (TTM) | 3D Systems Corporation Quote Overall Performance 3D Systems reported mixed results for first-quarter 2018.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD recently announced that its new On Demand Anatomical Modeling Service is now available in the market. 3D Systems Corporation Revenue (TTM) 3D Systems Corporation Revenue (TTM) | 3D Systems Corporation Quote Overall Performance 3D Systems reported mixed results for first-quarter 2018.
|
3D Systems CorporationDDD recently announced that its new On Demand Anatomical Modeling Service is now available in the market. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. We believe these new innovations will help the company leverage the growth potential of 3D printing in the healthcare segment, which is expected to reach $2.3 billion by 2020, at a CAGR of 26.2% between 2015 and 2020.
|
72b104fc-66f8-4d62-9f74-31d35f9aa82b
|
716888.0
|
2018-06-13 00:00:00 UTC
|
This 3D Printing Stock Plus 3 More on the Move
|
DDD
|
https://www.nasdaq.com/articles/3d-printing-stock-plus-3-more-move-2018-06-13
|
nan
|
nan
|
3D Systems Corporation (DDD) tacked on 14 cents to $14.50 on 2.7 million shares Tuesday. The move came on no news from the company, though last week it announced two new 3D printing products. The stock, which rallied sharply off its May 3 low at $9, flagged later in the month, broke out two weeks ago, flagged again, and now appears to be ready to break out again. Watch for a move next to $15.75, followed by $17.50.
Kopin Corporation (KOPN) edged up 8 cents to $3.64 on 551,400 shares Tuesday. The move came on no news from the wearable technologies company, though two weeks ago it unveiled the first controlled wearable smart screen. The stock, which has traded in a range from $3-$4 this year, is moving up towards lateral resistance at around $3.85-.95 zone. A break through that could get it to the $4.50-.60 zone.
Ocular Therapeutix, Inc. (OCUL) gained 36 cents to $7.71 on 737,400 shares Tuesday. The biopharmaceutical company, focused on therapies for eye disease, announced it will present at the JMP Securities Life Sciences Conference June 20 in New York. The move broke the stock out of a 3-month sideways pattern. In a steep rising channel off its November low of $3.30, the stock could get to $9-$9.25, last reached in July.
Tandem Diabetes Care, Inc. (TNDM) rose $1.37 to $17.70 on 2.1 million shares Tuesday. The move came on no news from the provider of medical devices for people with insulin-dependent diabetes. Since February the stock has run almost 9-fold from just above $2, and, though oversold, momentum could carry it to the low-to-mid $20's.
See Harry's video chart analysis on these stocks.
No holdings.
Harry Boxer is founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis, and live chart presentations.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems Corporation (DDD) tacked on 14 cents to $14.50 on 2.7 million shares Tuesday. The biopharmaceutical company, focused on therapies for eye disease, announced it will present at the JMP Securities Life Sciences Conference June 20 in New York. Tandem Diabetes Care, Inc. (TNDM) rose $1.37 to $17.70 on 2.1 million shares Tuesday.
|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 3D Systems Corporation (DDD) tacked on 14 cents to $14.50 on 2.7 million shares Tuesday. Harry Boxer is founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis, and live chart presentations.
|
3D Systems Corporation (DDD) tacked on 14 cents to $14.50 on 2.7 million shares Tuesday. The stock, which rallied sharply off its May 3 low at $9, flagged later in the month, broke out two weeks ago, flagged again, and now appears to be ready to break out again. The stock, which has traded in a range from $3-$4 this year, is moving up towards lateral resistance at around $3.85-.95 zone.
|
3D Systems Corporation (DDD) tacked on 14 cents to $14.50 on 2.7 million shares Tuesday. The move came on no news from the company, though last week it announced two new 3D printing products. A break through that could get it to the $4.50-.60 zone.
|
6ded6314-c93f-4553-a548-e5d3bdc0a310
|
716889.0
|
2018-06-08 00:00:00 UTC
|
Here's What You Missed Out by Overlooking HP (HPQ) Stock
|
DDD
|
https://www.nasdaq.com/articles/heres-what-you-missed-out-by-overlooking-hp-hpq-stock-2018-06-08
|
nan
|
nan
|
Shares of HP Inc.HPQ have been gaining solid momentum, of late. One of the major reasons behind this could be the company's stellar second-quarter fiscal 2018 results. Also, encouraging third-quarter and full-fiscal outlook drove its shares higher.
Notably, the company has gained approximately 10.6% since it reported fiscal second-quarter results on May 29. In fact, HP has an impressive earnings surprise history with beat the Zacks Consensus Estimate in thrice in the trailing four quarters while matching the same on one occasion. It has an average positive earnings surprise of 4.2%. Backed by the impressive results, the company has issued an upbeat outlook for the third quarter as well as full fiscal.
The stock has outperformed the S&P 500 index in the year-to-date period. HP has returned 12.1% in the said period, while the index has gained 3.5%.
Let's take a look at what factors are driving HP's back-to-back robust quarterly performances.
Restructuring Initiatives Paying Off
It should be noted that since its split from Hewlett Packard Enterprise Company HPE in November 2015, HP has been trying to stabilize shrinking sales and eroding profits through a series of restructuring initiatives.
As part of its restructuring efforts, HP has adopted a strategy of focusing on product innovation & differentiation, pricing, and marketing and sales activities to spur demand for its PC products in the market. The company has rolled out a number of models under its PC product lines of EliteBook, Spectre and Pavilion Wave, over the past two years.
Impact of these initiatives is evident from the fact that the company regained the pole position in the PC segment by displacing Lenovo. Also, according to the data compiled by IDC, the company's PC shipments registered the eighth consecutive quarter of year-over-year growth in Q1, after witnessing several quarters of decline.
The company's efforts to revamp the printing business have also been commendable. It should be noted that HP has acquired Samsung Electronics' printer business. This acquisition is a strategic fit for HP as it has expanded the company's printing business, with the addition of 6,500-plus printing patents owned by Samsung.
In addition to the above, the company is now focused on fortifying its 3D printing business capabilities. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. It should be noted that even though HP has been operating in this space for almost five years now, it still lags behind 3D Systems and Stratasys.
However, these efforts have paid off well, with the company registering the fifth consecutive quarter of print business revenue growth in the fiscal second quarter.
On the cost front too, HP has taken strategic steps, which includes divestment of its content management software tools and Customer Communications Management (CCM) assets to Open Text Corporation, and elimination of 4,500-5,000 jobs.
Per the company, the divestment of CCM has led to cost reduction and enhanced productivity, thereby boosting profitability. The job cuts are anticipated to generate annualized cost savings of approximately $200-$300 million from fiscal 2020 onward.
Impressive Valuations
The stock currently trades at a forward earnings estimate at 11.8x, which is way lower than the industry to which it belongs to average of 16.3x. Given its recent track record of revenues and earnings growth, as well as the long-term forecast, the stock is highly undervalued which signifies that it still has significant upside potential.
Moreover, HP has a VGM Style Score of A. We note that our VGM score highlights the determining elements in a stock that can push the stock price higher. We can essentially filter out the negatives and focus on the positives which drive its price.
Consequently, we believe the stock has huge potential to surge higher and therefore, investors should consider it for near-term opportunities. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, HP has an impressive earnings surprise history with beat the Zacks Consensus Estimate in thrice in the trailing four quarters while matching the same on one occasion.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Notably, the company has gained approximately 10.6% since it reported fiscal second-quarter results on May 29.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. This acquisition is a strategic fit for HP as it has expanded the company's printing business, with the addition of 6,500-plus printing patents owned by Samsung.
|
However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, the company has gained approximately 10.6% since it reported fiscal second-quarter results on May 29.
|
66269898-3028-4abe-8579-75cae27d2c2f
|
716890.0
|
2018-06-06 00:00:00 UTC
|
HP Plans More Job Cuts by FY19 as Part of Restructuring
|
DDD
|
https://www.nasdaq.com/articles/hp-plans-more-job-cuts-by-fy19-as-part-of-restructuring-2018-06-06
|
nan
|
nan
|
As part of its ongoing restructuring initiatives, HP Inc.HPQ recently, in a filing with Securities Exchange & Commission (SEC), noted that the company is increasing its employee retrenchment-plan target. The company now anticipates 4,500-5,000 employee retrenchment by the end of fiscal 2019.
The latest target is about 500-1,000 higher than the earlier target of 4,000 announced in October 2016. As of Oct 31, 2017, the company's total employee count was 49,000. With increased layoff target, it also raised the one-time expense anticipations related to this.
HP now projects to incur a total of $700 million pre-tax charges related to the retrenchment, up from the previous forecast of $500 million. With the recent job-cut move, the company seems to be eyeing improving margins. In October 2016, this PC maker had announced job cuts to generate annualized cost savings of approximately $200-$300 million from fiscal 2020 onward.
It should be noted that since its split from Hewlett Packard Enterprise Company HPE in November 2015, HP has been trying to stabilize shrinking sales and eroding profits through a series of restructuring initiatives.
As part of its restructuring efforts, HP has adopted a strategy of focusing on product innovation & differentiation, pricing, and marketing and sales activities to spur demand for its PC products in the market. The company has launched various models under its PC product lines of EliteBook, Spectre and Pavilion Wave, in the last two years.
HP Inc. Price
HP Inc. Price | HP Inc. Quote
The impact of these initiatives is well highlighted by the fact that the company regained the pole position in the PC segment by displacing Lenovo. Also, according to the data compiled by IDC, during first-quarter 2018, the company's PC shipments registered the eighth consecutive quarter of year-over-year growth after witnessing several quarters of decline.
The company's efforts to revamp printing business have also been commendable. It should be noted that HP has acquired the Samsung Electronics' printer business. This acquisition is a strategic fit for HP as it has expanded the company's printing business, with the addition of 6,500-plus printing patents owned by Samsung.
In addition to the above, the company is now focused on fortifying its 3D printing business capabilities. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. It should be noted that even though HP has been operating in this space for almost five years now, it still lags behind 3D Systems and Stratasys.
However, these efforts have paid off well, with the company registering the fifth consecutive quarter of print business revenue growth in second-quarter fiscal 2018.
Also, the company's recent quarterly results reflected revenue growth for the seventh straight quarter, out of which the last six recorded double-digit growth after a prolonged period of decline. Further, the Personal Systems and Print segments improved for the fifth straight quarter, after 2010.
Currently, HP has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. As part of its ongoing restructuring initiatives, HP Inc.HPQ recently, in a filing with Securities Exchange & Commission (SEC), noted that the company is increasing its employee retrenchment-plan target.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. However, these efforts have paid off well, with the company registering the fifth consecutive quarter of print business revenue growth in second-quarter fiscal 2018.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. As part of its ongoing restructuring initiatives, HP Inc.HPQ recently, in a filing with Securities Exchange & Commission (SEC), noted that the company is increasing its employee retrenchment-plan target.
|
However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. As part of its ongoing restructuring initiatives, HP Inc.HPQ recently, in a filing with Securities Exchange & Commission (SEC), noted that the company is increasing its employee retrenchment-plan target.
|
e0fca733-20d1-48ff-8e9e-b7b03225baae
|
716891.0
|
2018-05-24 00:00:00 UTC
|
HP (HPQ) to Post Q2 Earnings: What's in Store for the Stock?
|
DDD
|
https://www.nasdaq.com/articles/hp-hpq-to-post-q2-earnings%3A-whats-in-store-for-the-stock-2018-05-24
|
nan
|
nan
|
HP Inc.HPQ is set to report second-quarter fiscal 2018 results on May 29. The question lingering in investors' minds is whether or not the leading global PC manufacturer will be able to post a positive earnings surprise in the quarter.
The company's last quarterly results reflected overall revenue growth for the sixth consecutive quarter, after witnessing a prolonged period of decline. Furthermore, the Personal Systems and Print segments improved for the fourth straight quarter after 2010.
Notably, the company has a decent earnings surprise history. Over the trailing four quarters, the company's results surpassed the Zacks Consensus Estimate thrice and came in line in one occasion. So, let's see how things are shaping up prior to this announcement.
Notably, HP is one of the two companies which came into existence post the split from the parent company - Hewlett-Packard Company - in November 2015. The other company was Hewlett Packard Enterprise Company HPE .
What the Zacks Model Unveils?
Our proven model does not conclusively show that HP is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP , and a Zacks Rank #1 (Strong Buy), 2 (Buy) or at least 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
You can see the complete list of today's Zacks #1 Rank stocks here .
It should be noted that stocks with a Zacks Rank #4 or 5 (Sell rated) are best avoided, especially when the company is seeing negative estimate revisions.
HP currently carries a Zacks Rank of 3 and has an Earnings ESP of 0.00%, which makes surprise prediction difficult. Furthermore, the Zacks Consensus Estimate for the fiscal second-quarter earnings remained unchanged, over the past 30 days.
Nonetheless, the company is expected to register year-over-year improvements in the top and bottom lines. The Zacks Consensus Estimate projects earnings per share to increase 20% to 48 cents from the year-ago quarter figure of 40 cents. Moreover, analysts polled by Zacks anticipate revenues to be up 9.7%, year over year, to $13.59 billion.
HP Inc. Price and EPS Surprise
HP Inc. Price and EPS Surprise | HP Inc. Quote
Let's check out the reasons behind this year-over-year improvement projection in revenues and earnings.
Revamped PC Business Bears Fruit
Post the split from parent company, HP adopted a strategy of focusing on product innovation & differentiation, pricing, and marketing and sales activities to spur demand for its PC products in the market. The company has launched various models under its PC product lines of EliteBook, Spectre and Pavilion Wave, over the past two years.
The impact of these initiatives is well highlighted by the fact that the company has regained the pole position in the PC segment. Also, according to data compiled by International Data Corporation ("IDC"), during first-quarter 2018, the company's PC shipment registered the eighth straight quarter of year-over-year growth after witnessing several quarters of decline.
HP's efforts to turn around the business have been commendable and seem to be on track, as indicated by its performance over the last few quarters. We believe benefits of the aforementioned initiatives will have positively impacted the to-be-reported quarterly results as well.
Per the Zacks Consensus Estimate, the PC segment is anticipated to have generated revenues of approximately $8.4 billion in the fiscal second quarter, reflecting 9.6% year-over-year growth.
Print Segment Playing Well
The company's efforts to revamp its printing business have also been impressive. It should be noted that HP has acquired Samsung Electronics' printer business. The acquisition is a strategic fit for HP as it expanded the company's printing business, with the addition of 6,500-plus printing patents owned by Samsung.
In addition to the above, the company is now focused on fortifying its 3D printing business capabilities. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. It should be noted that even though HP has been operating in this space for almost five years now, it still lags behind 3D Systems and Stratasys.
Nonetheless, these efforts have paid off well, with the company registering the fourth consecutive quarter of print-business revenue growth in first-quarter fiscal 2018. Per the Zacks Consensus Estimate, the Print segment is projected to have churned revenues of approximately $5.12 billion in the quarter to be reported, reflecting 7.9% year-over-year improvement.
Escalating Component Prices Impeding Profitability
HP's product innovation, differentiation, marketing and pricing strategies are paying off as evident from the year-over-year jump in PC segment revenues and shipments for the past few quarters. Nevertheless, escalating component costs have been marring its margins, thereby eroding the benefits of higher revenues. Prices of components, such as DRAM and NAND, are still very high and therefore, we believe this might have dampened the company's fiscal second-quarter profitability.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Per the Zacks Consensus Estimate, the Print segment is projected to have churned revenues of approximately $5.12 billion in the quarter to be reported, reflecting 7.9% year-over-year improvement.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Revamped PC Business Bears Fruit Post the split from parent company, HP adopted a strategy of focusing on product innovation & differentiation, pricing, and marketing and sales activities to spur demand for its PC products in the market.
|
Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. HP Inc. Price and EPS Surprise HP Inc. Price and EPS Surprise | HP Inc. Quote Let's check out the reasons behind this year-over-year improvement projection in revenues and earnings.
|
However, unlike 3D Systems DDD and Stratasys SSYS , which target all kinds of consumers, HP is emphasizing only on industrial markets due to their ability to afford a premium range of 3D printing solutions. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Furthermore, the Zacks Consensus Estimate for the fiscal second-quarter earnings remained unchanged, over the past 30 days.
|
06091153-14c5-45e0-996e-0710109fe426
|
716892.0
|
2018-05-17 00:00:00 UTC
|
3D Printer Stocks to Get Boost From Military, Defense Contractors
|
DDD
|
https://www.nasdaq.com/articles/3d-printer-stocks-get-boost-military-defense-contractors-2018-05-17
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The military and defense contractors appear poised to come to the rescue of 3D printer makers and 3D printer stocks.
After investors became excited about 3D printing stocks around five years ago, causing them to rise sharply, they have failed to live up to the hype. Demand for 3D printers has been much lower than expected and the prices of 3D printer stocks have collapsed.
10 Sports Betting Stocks to Sink Your Teeth Into
3D Printer Demand Could Grow
But there are multiple signs that the U.S. military will create tremendous demand for 3D printers, greatly boosting 3D printer makers' results and sparking rallies among 3D printer stocks in the process.
One such sign is the partnership between 3D printer maker 3D Systems Corporation (NYSE: DDD ) and defense contractor Huntington Ingalls Industries, Inc . (NYSE: HII ). Under the deal, which was announced on May 10, the companies will collaborate to produce "high accuracy parts" for Navy ships. In other words, Huntington Ingalls hopes to save time and money by using 3D printing to manufacture parts of Navy ships, for which the specifications must be quite precise.
If the deal does wind up saving Huntington Ingalls a significant amount of time and money, expect other defense contractors to also use 3D printing technology to make parts. After all, word travels quickly among companies in the same sector about successful, time saving innovations. Moreover, the Pentagon, especially under President Trump and at a time of fiscal austerity, is also likely to be interested in saving money and would encourage other defense contractors to utilize 3D printing technology if it sees that doing so cuts costs.
Military, Defense Contractors Could Have Huge Impact on 3D Printing Stocks
There is no doubt that defense contractors have more than enough money to significantly boost 3D printer makers' results and 3D printing stocks. For example, in 2017, Lockheed Martin Corporation 's (NYSE: LMT ) cost of goods sold, i.e. the amount of money it spent on making its products, came in at $39.75 billion. If Lockheed Martin had spent 1% of its COGS on DDD products in 2017, the 3D printer maker's revenue, which came in at less than $600 million last year, would have been around 67% higher.
Additionally, the Pentagon and defense contractors could provide the knowledge and capital necessary to help the 3D printer makers greatly enhance their products and expand into new areas.
In fact, the Army is already exploring using 3D printers to make robots , while various military groups are trying to use 3D printers to make food, human limbs, body armor and ballistic missiles. There's a great chance that the Pentagon - which, after all, does not do most of its own manufacturing - would share any new 3D printing techniques it discovers with American 3D printing companies, much as it shared information it discovered about the internet with American companies.
The Future for 3D Printer Stocks
Meanwhile, one recent study found that the military 3D printing market would reach $4.59 billion by 2025. That's not too shabby when the market cap of the two leading companies in the sector - 3D Systems Corporation and Stratasys Ltd (NASDAQ: SSYS ) - is around $2.8 billion and $1.1 billion, respectively.
7 Consumer Stocks to Sell Now
It looks like the Pentagon and defense contractors, with their huge coffers and R&D capabilities, are going to rescue 3D printer makers. Investors should buy 3D printer stocks, including 3D Systems stock and Stratasys stock now, while they are still trading at bargain basement levels.
As of this writing, Larry Ramer owns DDD stock and SSYS stock.
More From InvestorPlace
9 In-Depth Reasons Why Facebook, Inc. Is a Must-Own Stock
7 'Strong Buy' Stocks Analysts Are Upgrading Now
5 Top Stock Trades for Tuesday Morning
3 'Safe' Investments That Easily Earn a 5% Tax-Free Yield
Compare Brokers
The post 3D Printer Stocks to Get Boost From Military, Defense Contractors appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
One such sign is the partnership between 3D printer maker 3D Systems Corporation (NYSE: DDD ) and defense contractor Huntington Ingalls Industries, Inc . If Lockheed Martin had spent 1% of its COGS on DDD products in 2017, the 3D printer maker's revenue, which came in at less than $600 million last year, would have been around 67% higher. As of this writing, Larry Ramer owns DDD stock and SSYS stock.
|
One such sign is the partnership between 3D printer maker 3D Systems Corporation (NYSE: DDD ) and defense contractor Huntington Ingalls Industries, Inc . If Lockheed Martin had spent 1% of its COGS on DDD products in 2017, the 3D printer maker's revenue, which came in at less than $600 million last year, would have been around 67% higher. As of this writing, Larry Ramer owns DDD stock and SSYS stock.
|
One such sign is the partnership between 3D printer maker 3D Systems Corporation (NYSE: DDD ) and defense contractor Huntington Ingalls Industries, Inc . If Lockheed Martin had spent 1% of its COGS on DDD products in 2017, the 3D printer maker's revenue, which came in at less than $600 million last year, would have been around 67% higher. As of this writing, Larry Ramer owns DDD stock and SSYS stock.
|
One such sign is the partnership between 3D printer maker 3D Systems Corporation (NYSE: DDD ) and defense contractor Huntington Ingalls Industries, Inc . If Lockheed Martin had spent 1% of its COGS on DDD products in 2017, the 3D printer maker's revenue, which came in at less than $600 million last year, would have been around 67% higher. As of this writing, Larry Ramer owns DDD stock and SSYS stock.
|
484edf92-f92e-41b2-a785-33dc1aae8c8c
|
716893.0
|
2018-05-10 00:00:00 UTC
|
DDD June 29th Options Begin Trading
|
DDD
|
https://www.nasdaq.com/articles/ddd-june-29th-options-begin-trading-2018-05-10
|
nan
|
nan
|
Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the June 29th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new June 29th contracts and identified one put and one call contract of particular interest.
The put contract at the $12.00 strike price has a current bid of 69 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $12.00, but will also collect the premium, putting the cost basis of the shares at $11.31 (before broker commissions). To an investor already interested in purchasing shares of DDD, that could represent an attractive alternative to paying $12.07/share today.
Because the $12.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 100%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 5.75% return on the cash commitment, or 41.98% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for 3D Systems Corp. , and highlighting in green where the $12.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $12.50 strike price has a current bid of 45 cents. If an investor was to purchase shares of DDD stock at the current price level of $12.07/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $12.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 7.29% if the stock gets called away at the June 29th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $12.50 strike highlighted in red:
Considering the fact that the $12.50 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.73% boost of extra return to the investor, or 27.22% annualized, which we refer to as the YieldBoost .
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $12.07) to be 62%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Of course, a lot of upside could potentially be left on the table if DDD shares really soar, which is why looking at the trailing twelve month trading history for 3D Systems Corp. , as well as studying the business fundamentals becomes important. Below is a chart showing DDD's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the June 29th expiration.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the June 29th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new June 29th contracts and identified one put and one call contract of particular interest.
|
Below is a chart showing DDD's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the June 29th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new June 29th contracts and identified one put and one call contract of particular interest.
|
At Stock Options Channel , our YieldBoost formula has looked up and down the DDD options chain for the new June 29th contracts and identified one put and one call contract of particular interest. Below is a chart showing DDD's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in 3D Systems Corp. (Symbol: DDD) saw new options become available today, for the June 29th expiration.
|
8a969ca0-a5aa-4bd6-82e3-fe134446e3cb
|
716894.0
|
2018-05-10 00:00:00 UTC
|
3D Systems (DDD) Soars: Stock Adds 9% in Session
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-soars%3A-stock-adds-9-in-session-2018-05-10
|
nan
|
nan
|
3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.31 to $11.99 in the past one-month time frame.
The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
3D Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
3D Systems Corporation Price
3D Systems Corporation Price | 3D Systems Corporation Quote
A better-ranked stock in the Computer and Technology sector is Advanced Energy Industries, Inc. AEIS , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is DDD going up? Or down? Predict to see what others think: Up or Down
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
Advanced Energy Industries, Inc. (AEIS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise 9% on the day. Is DDD going up? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Advanced Energy Industries, Inc. (AEIS): Free Stock Analysis Report To read this article on Zacks.com click here.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Advanced Energy Industries, Inc. (AEIS): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise 9% on the day. Is DDD going up?
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Advanced Energy Industries, Inc. (AEIS): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise 9% on the day. Is DDD going up?
|
3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise 9% on the day. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Advanced Energy Industries, Inc. (AEIS): Free Stock Analysis Report To read this article on Zacks.com click here. Is DDD going up?
|
4a4e75ba-21f0-417c-bb9d-af721cf1df5d
|
716895.0
|
2018-05-09 00:00:00 UTC
|
3D Systems (DDD) Shares Cross Above 200 DMA
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-shares-cross-above-200-dma-2018-05-09
|
nan
|
nan
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $11.35, changing hands as high as $11.90 per share. 3D Systems Corp. shares are currently trading up about 7.5% on the day. The chart below shows the one year performance of DDD shares, versus its 200 day moving average:
Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $23.702 as the 52 week high point - that compares with a last trade of $11.82.
According to the ETF Finder at ETF Channel, DDD makes up 2.55% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading higher by about 4.2% on the day Wednesday.
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $11.35, changing hands as high as $11.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $23.702 as the 52 week high point - that compares with a last trade of $11.82. According to the ETF Finder at ETF Channel, DDD makes up 2.55% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading higher by about 4.2% on the day Wednesday.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $11.35, changing hands as high as $11.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $23.702 as the 52 week high point - that compares with a last trade of $11.82. According to the ETF Finder at ETF Channel, DDD makes up 2.55% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading higher by about 4.2% on the day Wednesday.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $11.35, changing hands as high as $11.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $23.702 as the 52 week high point - that compares with a last trade of $11.82. According to the ETF Finder at ETF Channel, DDD makes up 2.55% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading higher by about 4.2% on the day Wednesday.
|
In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $11.35, changing hands as high as $11.90 per share. The chart below shows the one year performance of DDD shares, versus its 200 day moving average: Looking at the chart above, DDD's low point in its 52 week range is $7.92 per share, with $23.702 as the 52 week high point - that compares with a last trade of $11.82. According to the ETF Finder at ETF Channel, DDD makes up 2.55% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading higher by about 4.2% on the day Wednesday.
|
296d370d-8543-46f1-9023-b2449cef9afb
|
716896.0
|
2018-05-04 00:00:00 UTC
|
3D Systems Corporation Stock Isn’t Worth Buying Yet
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-corporation-stock-isnt-worth-buying-yet-2018-05-04
|
nan
|
nan
|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Remember when 3D printing was supposed to be the next big thing?
That never happened. And you don't need to look any further than the stock chart of 3D Systems Corporation (NYSE: DDD ) over the past several years to see just how all those big promises turned into dust. DDD stock has tumbled from nearly $100 in 2013 to below $10 today.
Unfortunately, it doesn't look like things are going to turn around any time soon for 3D Systems stock.
The company just reported first quarter numbers, and they were wildly mediocre. It was a revenue beat accompanied by an earnings miss. Printer sales jumped 24% higher, which is great, but there has been a lot of quarter-to-quarter volatility in that number depending on product launches. Consequently, investors aren't putting much stock into that strong printer growth.
What they are putting stock into, however, is the mild overall revenue growth rate of 6%, which has been consistent for the past several years. They are also concerned about the fact that gross margins are crumbling thanks to a shift to lower-priced products.
10 Dividend Stocks to Buy in May
I don't see a bounce-back happening any time soon. Under rosy growth assumptions, DDD stock is worth somewhere around $8. Thus, at around $10, there isn't much to like about the stock's potential upside.
Here's a deeper look.
3D Systems Will Remain a Slow-Growth Story
3D printing was supposed to be the next big thing in consumer technology. A few years back, everyone was talking about how technology had progressed to a point where everyone could own and use 3D printers in their homes.
But that hasn't happened for several reasons. 3D printers cost too much, and they require far too much knowledge to operate and effort to maintain. Plus, the applications just don't really have mass appeal to consumers.
When the hopes of mass consumer adoption faded, DDD stock dropped hard. From the end of 2015 to the end of 2013, DDD stock fell from $100 to under $10.
The stock, though, has been kept afloat in that $10 range over the past several years due to some exciting things happening on the industrial 3D printing side. Big industries like aerospace and healthcare have found some cool ways to use 3D printing to improve supply chain productivity and create medical devices.
While this may sound like a big growth market, it simply isn't. Over the past several years, DDD has pushed hard into this area. During this big push, revenue growth has remained steadfastly around 6%. This past quarter, revenue was still at 6%, and that is with 24% printer revenue growth.
Overall, then, the industrial market is driving mild, 6%-per-year revenue growth at 3D Systems. That is healthy, but it isn't anything to write home about.
3D Systems Stock Is Priced With Too Much Optimism
At current levels, it seems like 3D Systems stock is priced as if industrial market adoption were going to accelerate upward or if consumer market adoption were about to go mainstream.
Neither of those things are going to happen.
Instead, over the next five years, revenue growth will remain around 6% per year. Gross margins, which are currently struggling to maintain a high 40s level, could move toward 50% as new, higher-margin products enter the fold.
The adjusted operating expense rate, which has hovered in the low to mid-40s historically, could drop to 40% as revenue growth drives healthy operating leverage. Consequently, operating margins should trend toward 10%.
That combination implies revenues of $864.6 million and operating profits of $86.4 million in five years. If you take out $2 million for net interest expense and 21% for taxes and divide by 110 million shares, that equates to around $0.61 in earnings per share.
A market-average growth stock multiple of 20-times forward earnings on $0.61 implies a four-year forward price target of just over $12. Discounted back by 10% per year, that equates to a present value of just over $8.
Bottom Line on DDD Stock
DDD is a slow-growth company.
DDD stock is almost priced appropriately. But not yet.
3D Systems Corporation Stock Falls on Loss Following Year-Ago Profit
As such, investors can afford to wait before taking a bite here.
More From InvestorPlace
7 Hot IPOs Yet to Come in 2018 and Beyond
3D Systems Corporation Goes Back to the Beginning
5 Stocks Under $5
As of this writing, Luke Lango did not hold a position in any of the aforementioned securities.
Compare Brokers
The post 3D Systems Corporation Stock Isn't Worth Buying Yet appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
And you don't need to look any further than the stock chart of 3D Systems Corporation (NYSE: DDD ) over the past several years to see just how all those big promises turned into dust. DDD stock has tumbled from nearly $100 in 2013 to below $10 today. Under rosy growth assumptions, DDD stock is worth somewhere around $8.
|
When the hopes of mass consumer adoption faded, DDD stock dropped hard. And you don't need to look any further than the stock chart of 3D Systems Corporation (NYSE: DDD ) over the past several years to see just how all those big promises turned into dust. DDD stock has tumbled from nearly $100 in 2013 to below $10 today.
|
And you don't need to look any further than the stock chart of 3D Systems Corporation (NYSE: DDD ) over the past several years to see just how all those big promises turned into dust. DDD stock has tumbled from nearly $100 in 2013 to below $10 today. Under rosy growth assumptions, DDD stock is worth somewhere around $8.
|
DDD stock is almost priced appropriately. And you don't need to look any further than the stock chart of 3D Systems Corporation (NYSE: DDD ) over the past several years to see just how all those big promises turned into dust. DDD stock has tumbled from nearly $100 in 2013 to below $10 today.
|
c5462248-ef17-4f25-a7d9-79ae96f62581
|
716897.0
|
2018-05-03 00:00:00 UTC
|
3D Systems (DDD) Reports Q1 Loss, Increase in OpEx Hurts
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-ddd-reports-q1-loss-increase-in-opex-hurts-2018-05-03
|
nan
|
nan
|
3D Systems CorporationDDD reported mixed results for first-quarter 2018, wherein the top line beat the Zacks Consensus Estimate, but earnings missed the Consensus mark. Moreover, though revenues marked year-over-year improvement, the bottom line registered a decline.
The company posted non-GAAP loss of 3 cents as against earnings of 6 cents reported in the year-ago quarter. The Zacks Consensus Estimate was pegged at earnings of a penny. 3D Systems noted that unfavorable sales mix, along with increased investment in services and on-demand manufacturing, and elevated operating expenses, more than offset the benefit of higher revenues.
On a GAAP basis, the company's loss widened to 19 cents per share from 9 cents posted in the first quarter of 2017.
Inside the Headlines
This 3D printer maker reported revenues of $165.9 million in the quarter, reflecting a year-over-year increase of 6%. Steady demand for the company's healthcare, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line. Moreover, revenues beat the Zacks Consensus Estimate of $159 million.
3D Systems' Healthcare revenues were up 21% to $52.4 million year over year, driven by growth across all categories. Notably, the company's on-demand manufacturing revenues were up 2% to $25.7 million, helped by its investments in facilities, customer experience and technology.
Software revenues were up 13% to $23 million. Material revenues remain approximately flat at $42.5 million. Printer revenues increased 24% and came in at $39.1 million. Meanwhile, printer unit sales surged 44%, resulting from increase in both production and professional unit sales.
In the reported quarter, non-GAAP gross margin contracted 420 basis points on a year-over-year basis to 48.2%. The decline was mainly due to unfavorable sales mix and increased investment in services, and on-demand manufacturing, which more than offset the cost-reduction benefits achieved from ongoing supply-chain initiatives.
In the reported quarter, the company's non-GAAP operating expenses flared up 10% to $79.5 million, as SG&A (up 8%) expenses rose significantly, driven by the company's persistent investment in go-to-market and IT transformation. Non-GAAP R&D expense also escalated 13% in the quarter.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
Cash Flow and Balance Sheet
3D Systems ended the first quarter with cash and cash equivalents of $126.1 million, down from $136.3 million as of Dec 31, 2017. During the quarter, the company used $1.5 million of cash toward operational activities.
Bottom Line
3D Systems has a volatile earnings history, oscillating between incredible beats and abysmal misses in the trailing four quarters. Unfavorable macroeconomic factors, such as slowdown, inflation, currency fluctuations and commodity prices impacted the company's performance. This apart, escalating R&D, IT and go-to-market expenses might prove to be a headwind.
Nevertheless, the company has been benefiting from favorable 3D printing industry fundamentals, led by rising demand for diverse application of this novel technology across several domains. Going forward, strong demand for production printers, materials and software, as well as healthcare solutions will likely act as major catalysts for growth. We also believe the acquisition of Vertex-Global Holding B.V will unlock multiple opportunities for the company.
Currently, 3D Systems carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology sector are CoStar Group, Inc. CSGP , Dell Technologies Inc. DVMT and Science Applications International Corporation SAIC , all sporting a Zacks Rank of 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term expected earnings growth rates for CoStar Group, Dell Technologies and Science Applications International are 16.8%, 9.1% and 5%.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
3D Systems Corporation (DDD): Free Stock Analysis Report
CoStar Group, Inc. (CSGP): Free Stock Analysis Report
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report
Dell Technologies Inc. (DVMT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems CorporationDDD reported mixed results for first-quarter 2018, wherein the top line beat the Zacks Consensus Estimate, but earnings missed the Consensus mark. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report CoStar Group, Inc. (CSGP): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Dell Technologies Inc. (DVMT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems noted that unfavorable sales mix, along with increased investment in services and on-demand manufacturing, and elevated operating expenses, more than offset the benefit of higher revenues.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report CoStar Group, Inc. (CSGP): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Dell Technologies Inc. (DVMT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD reported mixed results for first-quarter 2018, wherein the top line beat the Zacks Consensus Estimate, but earnings missed the Consensus mark. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Cash Flow and Balance Sheet 3D Systems ended the first quarter with cash and cash equivalents of $126.1 million, down from $136.3 million as of Dec 31, 2017.
|
Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report CoStar Group, Inc. (CSGP): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Dell Technologies Inc. (DVMT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD reported mixed results for first-quarter 2018, wherein the top line beat the Zacks Consensus Estimate, but earnings missed the Consensus mark. In the reported quarter, the company's non-GAAP operating expenses flared up 10% to $79.5 million, as SG&A (up 8%) expenses rose significantly, driven by the company's persistent investment in go-to-market and IT transformation.
|
3D Systems CorporationDDD reported mixed results for first-quarter 2018, wherein the top line beat the Zacks Consensus Estimate, but earnings missed the Consensus mark. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report CoStar Group, Inc. (CSGP): Free Stock Analysis Report SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC): Free Stock Analysis Report Dell Technologies Inc. (DVMT): Free Stock Analysis Report To read this article on Zacks.com click here. Steady demand for the company's healthcare, software and on-demand manufacturing, along with increased printer unit sales proved conducive for the top line.
|
a9d6ab3e-c66e-48a0-80fd-0891f13117a1
|
716898.0
|
2018-05-03 00:00:00 UTC
|
3D Systems' Earnings Decline, but 3D Printer Revenue Jumps 24%
|
DDD
|
https://www.nasdaq.com/articles/3d-systems-earnings-decline-3d-printer-revenue-jumps-24-2018-05-03
|
nan
|
nan
|
3D Systems (NYSE: DDD) released its first-quarter 2018 results after the market close on Wednesday.
The diversified 3D printing company's revenue increased 6.1% year over year, driven by growth in 3D printers, healthcare, and software. Its net loss widened 11% to $0.10 per share, and, on an adjusted basis, it posted a net loss of $0.03 per share, versus earnings per share of $0.06 in the year-ago quarter.
Shares declined 2.4% in after-hours trading on Wednesday, which we can probably attribute to the bottom line falling short of what many investors were likely expecting.
3D Systems' key quarterly numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
GAAP gross margin was 46.9%, down from 51.3% in the year-ago quarter. Cost reduction initiatives were offset by the mix of sales and continued investments in services and on-demand manufacturing. The company used $1.5 million of cash from operations and ended the quarter with $121.6 million of cash on hand.
Long-term investors shouldn't place too much weight on Wall Street's near-term estimates. But for context, analysts had been looking for adjusted EPS of $0.01 on revenue of $159.6 million, so the company missed on the bottom line but beat on the top line.
Segment results
Data source: 3D Systems.
Management outlined on the earnings call how key categories performed:
3D printers (within product): Revenue jumped 24% year over year to $39.1 million on 44% higher printer unit sales.
Healthcare solutions: Revenue grew 21% to $52.4 million. (This category spans both segments and overlaps other categories.) This isn't all organic growth, as results got a boost from the acquisition in the first quarter of 2017 of a company that makes dental materials.
Software (within product): Revenue increased 13% to $23 million.
On-demand part manufacturing (within service): Revenue edged up 2% to $25.7 million.
Materials (within product): Revenue was approximately flat at $42.5 million. This category also got a lift from the above-mentioned acquisition.
The healthcare business, which now accounts for about 32% of total revenue, is a consistently good performer.
The positive surprise was the strong 3D printer revenue growth of 24% year over year. This metric came in flat in the previous quarter and had been steadily sliding for three years. This robust result following the fourth quarter's flat performance suggests 3D printer revenue has finally bottomed and is now rebounding. 3D printer sales are crucial to 3D Systems' razor-and-blade-like business model because they drive sales of the high-margin print materials. The quarter's solid 3D printer sales should boost material sales starting in the second half of the year and more fully in 2019, management said on the earnings call.
What management had to say
Here's what CEO Vyomesh Joshi had to say in the press release:
Looking ahead
Results for 3D Systems were a mixed bag. The two notable positives were the strong revenue growth in 3D printers and the healthcare business. That said, the company's profitability from both a GAAP and an adjusted basis worsened from the year-ago quarter.
3D Systems has recently begun launching its broad lineup of new products slated for release this year. Production systems based on its fast Figure 4 technology will begin shipping this summer, management said on the earnings call. A lot hinges on Figure 4 sales, so they should be a main focus for investors later this year and in 2019.
Management didn't provide full-year 2018 guidance.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of April 2, 2018
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
3D Systems (NYSE: DDD) released its first-quarter 2018 results after the market close on Wednesday. Shares declined 2.4% in after-hours trading on Wednesday, which we can probably attribute to the bottom line falling short of what many investors were likely expecting. This robust result following the fourth quarter's flat performance suggests 3D printer revenue has finally bottomed and is now rebounding.
|
3D Systems (NYSE: DDD) released its first-quarter 2018 results after the market close on Wednesday. The diversified 3D printing company's revenue increased 6.1% year over year, driven by growth in 3D printers, healthcare, and software. Its net loss widened 11% to $0.10 per share, and, on an adjusted basis, it posted a net loss of $0.03 per share, versus earnings per share of $0.06 in the year-ago quarter.
|
3D Systems (NYSE: DDD) released its first-quarter 2018 results after the market close on Wednesday. The diversified 3D printing company's revenue increased 6.1% year over year, driven by growth in 3D printers, healthcare, and software. Management outlined on the earnings call how key categories performed: 3D printers (within product): Revenue jumped 24% year over year to $39.1 million on 44% higher printer unit sales.
|
3D Systems (NYSE: DDD) released its first-quarter 2018 results after the market close on Wednesday. Management outlined on the earnings call how key categories performed: 3D printers (within product): Revenue jumped 24% year over year to $39.1 million on 44% higher printer unit sales. That said, the company's profitability from both a GAAP and an adjusted basis worsened from the year-ago quarter.
|
985834c2-5ded-4572-92f3-7619eb72d8b9
|
716899.0
|
2018-05-03 00:00:00 UTC
|
Why 3D Systems Stock Dropped 9% Today
|
DDD
|
https://www.nasdaq.com/articles/why-3d-systems-stock-dropped-9-today-2018-05-03
|
nan
|
nan
|
What happened
Two months ago, three-dimensional printer manufacturer 3D Systems (NYSE: DDD) beat expectations with a preliminary earnings announcement and sent its stock soaring. Two months later, an earnings "miss" is having the opposite effect.
3D Systems stock closed down 8.8% on Thursday after falling nearly 12% at one point. The apparent reason: 3D Systems reported a GAAP loss of $0.19 per share and a pro forma loss of $0.03 per share -- both far short of the $0.01 per share profit that Wall Street had predicted it would earn.
So what
Worse than the miss per se, 3D reported that losses for its first fiscal quarter of 2018 were roughly twice as bad as it experienced one year ago. And yet, saleswise, 3D's Q1 2018 revenue grew 6% year over year, to $165.9 million, beating analyst expectations.
In fact, "revenue" was the one thing about 3D's results that its CEO Vyomesh Joshi said he was "pleased" with this past quarter. "Printers, healthcare and software" contributed to the improvement in sales, said the executive. "The company reported 24 percent higher printer revenue on 44 percent higher printer unit sales as well as growth in software, on demand manufacturing and healthcare solutions."
Unfortunately, gross profit margins on those sales declined significantly, falling 440 basis points, to 46.9%.
Now what
Despite this early decline in profits per revenue dollar, Joshi insisted that "2018 is a corner-turn year in our multi-year turnaround." And while he did not give guidance for what the company hopes to earn this year, Wall Street analysts are looking for a $0.15 per-share profit.
Then again, they were looking for a profit in Q1, too... and didn't find it.
10 stocks we like better than 3D Systems
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and 3D Systems wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of April 2, 2018
Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
What happened Two months ago, three-dimensional printer manufacturer 3D Systems (NYSE: DDD) beat expectations with a preliminary earnings announcement and sent its stock soaring. So what Worse than the miss per se, 3D reported that losses for its first fiscal quarter of 2018 were roughly twice as bad as it experienced one year ago. And while he did not give guidance for what the company hopes to earn this year, Wall Street analysts are looking for a $0.15 per-share profit.
|
What happened Two months ago, three-dimensional printer manufacturer 3D Systems (NYSE: DDD) beat expectations with a preliminary earnings announcement and sent its stock soaring. "The company reported 24 percent higher printer revenue on 44 percent higher printer unit sales as well as growth in software, on demand manufacturing and healthcare solutions." And while he did not give guidance for what the company hopes to earn this year, Wall Street analysts are looking for a $0.15 per-share profit.
|
What happened Two months ago, three-dimensional printer manufacturer 3D Systems (NYSE: DDD) beat expectations with a preliminary earnings announcement and sent its stock soaring. The apparent reason: 3D Systems reported a GAAP loss of $0.19 per share and a pro forma loss of $0.03 per share -- both far short of the $0.01 per share profit that Wall Street had predicted it would earn. "The company reported 24 percent higher printer revenue on 44 percent higher printer unit sales as well as growth in software, on demand manufacturing and healthcare solutions."
|
What happened Two months ago, three-dimensional printer manufacturer 3D Systems (NYSE: DDD) beat expectations with a preliminary earnings announcement and sent its stock soaring. Now what Despite this early decline in profits per revenue dollar, Joshi insisted that "2018 is a corner-turn year in our multi-year turnaround." After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has quadrupled the market.
|
a104c223-4dfa-45a2-a652-eebdb58a1110
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.