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716900.0
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2018-05-02 00:00:00 UTC
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Options Traders Expect Huge Moves in 3D Systems (DDD) Stock
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DDD
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https://www.nasdaq.com/articles/options-traders-expect-huge-moves-in-3d-systems-ddd-stock-2018-05-02
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nan
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nan
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. That is because the May 4, 2018 $10 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for 3D Systems shares, but what is the fundamental picture for the company? Currently, 3D Systems is a Zacks Rank #3 (Hold) in the Computer - Mini computers industry that ranks in the Bottom 17% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimate for the current quarter, while one has dropped the estimate. The net effect has taken our Zacks Consensus Estimate for the current quarter from earnings of 1 penny per share to a loss of 1 penny in that period.
Given the way analysts feel about 3D Systems right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Each week, our very own Dave Bartosiak gives his top options trades. Check out his recent live analysis and options trade for the NFLX earnings report completely free. See it here: Trading Netflix's (NFLX) Earnings with Options or check out the embedded video below for more 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
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.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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83688e9e-b263-4893-a459-608bd5dd6acf
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716901.0
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2018-05-02 00:00:00 UTC
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Earnings Reaction History: 3D Systems Corporation, 66.7% Follow-Through Indicator, 10.8% Sensitive
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DDD
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https://www.nasdaq.com/articles/earnings-reaction-history-3d-systems-corporation-667-follow-through-indicator-108
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nan
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nan
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Expected Earnings Release: 05/02/2018, Premarket
Avg. Extended-Hours Dollar Volume: $1,902,836
3D Systems Corporation ( 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: 10.5%
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 10.5%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 57.1%
Average next regular session additional loss: 6.2%
Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% 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.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 10.5% 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 10.5%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 57.1% Average next regular session additional loss: 6.2% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% by the following regular session close. Extended-Hours Dollar Volume: $1,902,836 3D Systems Corporation ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 10.5% 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 10.5%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 57.1% Average next regular session additional loss: 6.2% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% by the following regular session close. Extended-Hours Dollar Volume: $1,902,836 3D Systems Corporation ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 10.5% 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 10.5%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 57.1% Average next regular session additional loss: 6.2% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% by the following regular session close. Extended-Hours Dollar Volume: $1,902,836 3D Systems Corporation ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $1,902,836 3D Systems Corporation ( 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: 10.5% 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 10.5%. 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.
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980504a0-2e6e-4913-aaf1-9bcaa121f59e
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716902.0
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2018-04-30 00:00:00 UTC
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What's in the Offing for 3D Systems (DDD) in Q1 Earnings?
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DDD
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https://www.nasdaq.com/articles/whats-in-the-offing-for-3d-systems-ddd-in-q1-earnings-2018-04-30
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nan
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nan
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3D Systems CorporationDDD is scheduled to report first-quarter 2018 results on May 2, before the market opens. The question lingering in investors' minds is whether or not this 3D printing solution provider will be able to post a positive earnings surprise in the quarter.
The company has a dismal earnings surprise history, with earnings missing estimates by a wide margin, in three out of the trailing four quarters. However, in the last-reported quarter, it posted a positive earnings surprise of a whopping 400%. This resulted in an average positive surprise of 9.9% for the last four quarters.
Let's see how things are shaping up prior to this announcement.
What the Zacks Model Unveils?
Our proven model does not conclusively show that 3D Systems 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 .
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.
3D Systems carries a Zacks Rank of 3 and has an Earnings ESP of 0.00%, which makes surprise prediction difficult. Furthermore, it should be noted that the Zacks Consensus Estimate for first-quarter earnings remained unchanged over the past 30 days.
The Zacks Consensus Estimate for the first quarter is pegged at a penny, representing year-over-year slump of 83.3%. Additionally, analysts polled by Zacks project revenues of roughly $158.8 billion, up 1.5% from the year-ago quarter figure.
3D Systems Corporation Price and EPS Surprise
3D Systems Corporation Price and EPS Surprise | 3D Systems Corporation Quote
Factors at Play
For the past few quarters, 3D Systems has been experiencing unfavorable broader market conditions which have affected its financial performance. Macroeconomic factors such as economic slowdown, inflation, currency fluctuations, commodity prices and credit availability have dampened the company's performance. In the prior quarter, revenues from 3D printing products and services were almost flat year over year. In full-year 2017, total printer revenues slipped 7%. We believe the aforementioned problems still persist, which is likely to have adversely impacted 3D Systems' first-quarter performance.
In addition, the company's high operating and acquisition costs are anticipated to continue hurting its near-term operating income performance. Further, the company believes investment in IT and go-to-market initiatives will result in elevated expenses, consequently restricting near-term operating income growth.
This apart, 3D Systems has to contend itself with strong competition, which often results in price cuts and lower profitability. The entry of HP Inc. HPQ and General Electric Company GE has shaken things up in the industry, and remains a concern for 3D Systems.
Nonetheless, the company's focus on strengthening its foothold in the 3D printing industry is expected to provide a favorable long-term opportunity. As a matter of fact, majority of 3D Systems customers are shifting from prototyping to end-use production using 3D printing technology, and the company believes it is well positioned to aid customers in their transition. In addition to this, demand for production printers, materials and software is expected to have been a major catalyst, stoking growth.
Furthermore, over the past few years, 3D Systems' healthcare business has proven to be its strongest profit churner. To make the most of the positive industry trends, the company has developed a spectrum of innovative solutions ranging from simulation to implants. We believe the new offerings, along with high demand for printers and materials from medical and dental customers, to have bolstered the healthcare business top line in the soon-to-be-reported quarter as well.
A Stock With a Favorable Combination
Seagate Technology PLC STX is a stock you may want to consider as our model shows that the company has the right combination of elements to post an earnings beat.
Seagate has an Earnings ESP of +3.43% and flaunts a Zacks Rank of 1. You can see the complete list of today's Zacks #1 Rank stocks here .
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.
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HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Seagate Technology PLC (STX): Free Stock Analysis Report
General Electric Company (GE): 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.
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3D Systems CorporationDDD is scheduled to report first-quarter 2018 results on May 2, before the market opens. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report General Electric Company (GE): Free Stock Analysis Report To read this article on Zacks.com click here. Macroeconomic factors such as economic slowdown, inflation, currency fluctuations, commodity prices and credit availability have dampened the company's performance.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report General Electric Company (GE): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD is scheduled to report first-quarter 2018 results on May 2, before the market opens. 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.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report General Electric Company (GE): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD is scheduled to report first-quarter 2018 results on May 2, before the market opens. 3D Systems carries a Zacks Rank of 3 and has an Earnings ESP of 0.00%, which makes surprise prediction difficult.
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3D Systems CorporationDDD is scheduled to report first-quarter 2018 results on May 2, before the market opens. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report General Electric Company (GE): Free Stock Analysis Report To read this article on Zacks.com click here. The question lingering in investors' minds is whether or not this 3D printing solution provider will be able to post a positive earnings surprise in the quarter.
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1a05c377-a205-4fe2-8f8b-06545a3529ac
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716903.0
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2018-04-30 00:00:00 UTC
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That's Odd: Bearish DDD Analysts See 13.8% Upside
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DDD
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https://www.nasdaq.com/articles/thats-odd-bearish-ddd-analysts-see-138-upside-2018-04-30
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nan
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nan
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD). The average 12-month price target for DDD - averaging the work of 8 analysts - reveals an average price target of $11.69/share. That's a whopping 13.8% above where DDD has been trading recently at $10.27/share. With this kind of capital gain potential (should DDD reach that price target), one might expect to see a high concentration of "buy" or even "strong buy" ratings on the stock. Yet, take a look at the bearishness:
The average rating presented in the last row of the table above is from 1 to 5, where 1 would be a consensus Strong Buy and 5 would be a consensus Strong Sell. In the middle, 3 would be a Hold. So anything above 3 leans toward Sell as the average analyst sentiment. The average rating of 3.64 for DDD leans towards Sell, yet the DDD price target paints a different picture. Clearly, there is something more to the story here that is worth investigating for investors looking at 3D Systems Corp. . Of course, the average price target is just that - a mathematical average, and is only one metric. There are analysts with lower targets than the average, including one looking for a price of $7.00. And then on the other side of the spectrum one analyst has a target as high as $18.00. The standard deviation is $3.75.
But the whole reason to look at the average in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes - much like with guessing the number of jelly beans in a jar, where the average guess tends to be very close. And so with DDD trading so far below that average target price of $11.69/share, the 13.8% upside to that average target does seem to be a paradox against the bearish analyst ratings. Might analysts be behind the curve with their targets and downward adjustments are forthcoming? Or, is it time for some of these analysts to turn bullish and upgrade? One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. . This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on DDD - FREE .
The Top 25 Broker Analyst Picks 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.
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD). One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. . The average 12-month price target for DDD - averaging the work of 8 analysts - reveals an average price target of $11.69/share.
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The average 12-month price target for DDD - averaging the work of 8 analysts - reveals an average price target of $11.69/share. The average rating of 3.64 for DDD leans towards Sell, yet the DDD price target paints a different picture. Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD).
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The average 12-month price target for DDD - averaging the work of 8 analysts - reveals an average price target of $11.69/share. The average rating of 3.64 for DDD leans towards Sell, yet the DDD price target paints a different picture. And so with DDD trading so far below that average target price of $11.69/share, the 13.8% upside to that average target does seem to be a paradox against the bearish analyst ratings.
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The average rating of 3.64 for DDD leans towards Sell, yet the DDD price target paints a different picture. And so with DDD trading so far below that average target price of $11.69/share, the 13.8% upside to that average target does seem to be a paradox against the bearish analyst ratings. One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. .
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b5ee9579-3f74-4bca-9fa0-5c1e2b9b861f
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716904.0
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2018-04-25 00:00:00 UTC
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Stratasys Earnings Preview: What to Watch on May 2
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DDD
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https://www.nasdaq.com/articles/stratasys-earnings-preview-what-watch-may-2-2018-04-25
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nan
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nan
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Stratasys Ltd. (NASDAQ: SSYS) is slated to report its first-quarter 2018 earnings before the market opens on Wednesday, May 2.
As with last quarter, main rival 3D Systems (NYSE: DDD) is scheduled to report on the same day, though before the market opens.
Shares of Stratasys are up 3.5% so far in 2018 through April 24. For context, the S&P 500 is down 1% in 2018, while 3D Systems stock has gained nearly 30% this year.
Key numbers
Here are the year-ago quarter's results and Wall Street analysts' estimates to use as benchmarks.
Data sources: Stratasys and Yahoo! Finance.
Unlike 3D Systems, Stratasys did a solid job at meeting or beating Wall Street's earnings estimates last year. In the second and third quarters it solidly beat the consensus, while in the first and fourth quarters, it met expectations.
Along with the headline numbers, here's what to focus on in Stratasys' report.
3D printer sales
Last quarter, 3D printer revenue increased 1% year over year. While this is anemic growth, it was still an improvement, as this metric has steadily declined since 2015. That said, some revenue from system sales got pushed back from the third quarter -- when this metric declined 6% -- to the fourth quarter, so the slide in this metric didn't appear to be over as of last quarter.
A second consecutive quarter of 3D printer revenue growth that is flat (or positive) year over year would be encouraging, as it would suggest that we've finally seen the bottom for this metric. Stratasys CEO Ilan Levin said on last quarter's earnings call that the company anticipates that system revenue will "continue to grow."
3D printer sales are extremely important because they drive sales of high-margin print materials, as well as service contracts, in the company's razor-and-blade-like business model .
H2000 sales
In the fourth quarter, Stratasys sold one H2000 Large Part FDM 3D Production System to a new customer, though it didn't name the customer. (The demonstrator for this newly commercialized system was called Infinite Build.) This sale follows installations on the sites of Stratasys' development partners for this system, Boeing and Ford.
The H2000 is a higher-end system, so sales will be particularly important. The system is designed to make large engineering-grade plastic parts, including aircraft interior panels, hybrid structures, and composite tooling.
Status of metal 3D printing platform
Investors can likely expect management to provide an update on its new metal 3D printing technology, perhaps including a rough timeline for commercialization. As background, in late February when it released its fourth-quarter earnings, Stratasys announced that it has developed a metal 3D printing process designed for short-run manufacturing applications. This is a major development because metal 3D printing is the fastest-growing space within the 3D printing realm, and Stratasys doesn't currently make 3D printers that have metals capabilities. 3D Systems, however, does sell metal 3D printers. Both companies offer 3D printing in metals in their service operations.
Last quarter, Stratasys management said the company planned to release more details about its metal 3D printing tech at the RAPID + TCT 3D Printing Conference that runs April 23-26 in Fort Worth. As of this writing, those details haven't yet been released.
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Beth McKenna has no position in any of the stocks mentioned. The Motley Fool recommends 3D Systems, Ford, 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.
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As with last quarter, main rival 3D Systems (NYSE: DDD) is scheduled to report on the same day, though before the market opens. Stratasys CEO Ilan Levin said on last quarter's earnings call that the company anticipates that system revenue will "continue to grow." The system is designed to make large engineering-grade plastic parts, including aircraft interior panels, hybrid structures, and composite tooling.
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As with last quarter, main rival 3D Systems (NYSE: DDD) is scheduled to report on the same day, though before the market opens. Unlike 3D Systems, Stratasys did a solid job at meeting or beating Wall Street's earnings estimates last year. 3D printer sales Last quarter, 3D printer revenue increased 1% year over year.
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As with last quarter, main rival 3D Systems (NYSE: DDD) is scheduled to report on the same day, though before the market opens. That said, some revenue from system sales got pushed back from the third quarter -- when this metric declined 6% -- to the fourth quarter, so the slide in this metric didn't appear to be over as of last quarter. This is a major development because metal 3D printing is the fastest-growing space within the 3D printing realm, and Stratasys doesn't currently make 3D printers that have metals capabilities.
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As with last quarter, main rival 3D Systems (NYSE: DDD) is scheduled to report on the same day, though before the market opens. That said, some revenue from system sales got pushed back from the third quarter -- when this metric declined 6% -- to the fourth quarter, so the slide in this metric didn't appear to be over as of last quarter. Last quarter, Stratasys management said the company planned to release more details about its metal 3D printing tech at the RAPID + TCT 3D Printing Conference that runs April 23-26 in Fort Worth.
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6fa7742f-af49-4694-a9c3-211e4e2682a1
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716905.0
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2018-04-22 00:00:00 UTC
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3D Systems Earnings: What to Watch
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DDD
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https://www.nasdaq.com/articles/3d-systems-earnings-what-watch-2018-04-22
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nan
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nan
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Diversified 3D printing company 3D Systems (NYSE: DDD) is slated to report its first-quarter 2018 earnings after the market closes on Wednesday, May 2. As with last quarter, main rival Stratasys is scheduled to report on the same day, though before the market opens.
Shares of 3D Systems are up more than 34% so far in 2018 through April 20, but are in the red 24% for the one-year period through this same date. For context, the S&P 500 is flat for 2018 and has returned 16.5% over the last year, while Stratasys stock has gained 7.8% this year and is down 10% over the one-year period.
Key numbers
Here are the year-ago quarter's results to use as benchmarks.
Data source: 3D Systems.
While long-term investors shouldn't place too much importance on Wall Street's near-term estimates, they can be helpful to know as they often help explain market reactions. Analysts expect 3D Systems to deliver adjusted EPS of $0.01 on revenue of $159.6 million, representing a decline of 83% and an increase of 2%, respectively, over the year-ago period.
For some perspective, in 2017, 3D Systems' revenue edged up 2% year over year to $646.1 million. Its loss on the basis of generally accepted accounting principles ( GAAP ) widened to $0.59 per share from $0.35 per share in 2016, while it posted a loss of $0.02 per share on an adjusted basis, versus earnings of $0.46 per share in the prior year's period. The poor showing on the earnings front was largely due to the third-quarter results , as the company took a $12.9 million inventory writedown associated with legacy products and parts, experienced execution issues in certain regions, and encountered pricing pressures in select businesses.
Investors will be able to get a clearer picture of 3D Systems' organic revenue growth this year. In the first quarter of 2017, the company acquired a maker of dental materials, which gave its results a boost last year compared to 2016.
Along with the headline numbers, here's what to focus on in the report.
3D printer sales
Last quarter , 3D printer revenue was approximately flat with the year-ago quarter. While far from ideal, it was an encouraging sign, as this metric has steadily declined since 2015. One quarter doesn't make a trend, but a second consecutive quarter of 3D printer revenue growth that is flat (or positive) year over year would suggests this metric has bottomed.
3D printer sales accounted for 20% of 3D Systems' total revenue in the fourth quarter of 2017, but this business is far more important than this percentage suggests. That's because sales of 3D printers drive sales of high-margin print materials in the company's razor-and-blade-like business model .
Figure 4 sales outlook
Investors should expect management to provide some color regarding its outlook for Figure 4 sales. (Figure 4 is a robotic, scalable, stereolithography (SLA) 3D printing system designed for the production of small plastic parts. The company claims this tech is significantly speedier than its conventional SLA technology.)
Last year, management heavily touted Figure 4, with CEO Vyomesh Joshi saying the company expects this system to be a "significant" catalyst for growth in 2018. We'll be four months into the year when 3D Systems releases its earnings and holds its conference call, so if management doesn't share any material news on the Figure 4 front, it's probably safe to assume that progress selling these systems isn't going as well as the company had projected.
2018 Guidance
Investors might not be able to count on 3D Systems providing official 2018 guidance, but let's hope management provides some color regarding this topic. As background, the company didn't release 2018 guidance last quarter, as is customary. This didn't come as much surprise because 3D Systems withdrew its 2017 guidance when it released third-quarter earnings, citing the unpredictability surrounding its legacy product quality and reliability issues.
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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.
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Diversified 3D printing company 3D Systems (NYSE: DDD) is slated to report its first-quarter 2018 earnings after the market closes on Wednesday, May 2. The poor showing on the earnings front was largely due to the third-quarter results , as the company took a $12.9 million inventory writedown associated with legacy products and parts, experienced execution issues in certain regions, and encountered pricing pressures in select businesses. Last year, management heavily touted Figure 4, with CEO Vyomesh Joshi saying the company expects this system to be a "significant" catalyst for growth in 2018.
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Diversified 3D printing company 3D Systems (NYSE: DDD) is slated to report its first-quarter 2018 earnings after the market closes on Wednesday, May 2. 3D printer sales Last quarter , 3D printer revenue was approximately flat with the year-ago quarter. One quarter doesn't make a trend, but a second consecutive quarter of 3D printer revenue growth that is flat (or positive) year over year would suggests this metric has bottomed.
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Diversified 3D printing company 3D Systems (NYSE: DDD) is slated to report its first-quarter 2018 earnings after the market closes on Wednesday, May 2. One quarter doesn't make a trend, but a second consecutive quarter of 3D printer revenue growth that is flat (or positive) year over year would suggests this metric has bottomed. Last year, management heavily touted Figure 4, with CEO Vyomesh Joshi saying the company expects this system to be a "significant" catalyst for growth in 2018.
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Diversified 3D printing company 3D Systems (NYSE: DDD) is slated to report its first-quarter 2018 earnings after the market closes on Wednesday, May 2. 3D printer sales Last quarter , 3D printer revenue was approximately flat with the year-ago quarter. One quarter doesn't make a trend, but a second consecutive quarter of 3D printer revenue growth that is flat (or positive) year over year would suggests this metric has bottomed.
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2018-04-12 00:00:00 UTC
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3D Systems Breaks Above 200-Day Moving Average - Bullish for DDD
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https://www.nasdaq.com/articles/3d-systems-breaks-above-200-day-moving-average-bullish-ddd-2018-04-12
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In trading on Thursday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $12.07, changing hands as high as $12.21 per share. 3D Systems Corp. shares are currently trading up about 3.3% 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 $23.702 as the 52 week high point - that compares with a last trade of $12.18.
According to the ETF Finder at ETF Channel, DDD makes up 2.76% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading up by about 0.9% on the day Thursday.
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.
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In trading on Thursday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $12.07, changing hands as high as $12.21 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 $12.18. According to the ETF Finder at ETF Channel, DDD makes up 2.76% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading up by about 0.9% on the day Thursday.
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In trading on Thursday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $12.07, changing hands as high as $12.21 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 $12.18. According to the ETF Finder at ETF Channel, DDD makes up 2.76% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading up by about 0.9% on the day Thursday.
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In trading on Thursday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $12.07, changing hands as high as $12.21 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 $12.18. According to the ETF Finder at ETF Channel, DDD makes up 2.76% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading up by about 0.9% on the day Thursday.
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In trading on Thursday, shares of 3D Systems Corp. (Symbol: DDD) crossed above their 200 day moving average of $12.07, changing hands as high as $12.21 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 $12.18. According to the ETF Finder at ETF Channel, DDD makes up 2.76% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading up by about 0.9% on the day Thursday.
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2018-04-12 00:00:00 UTC
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HP Unveils Host of New Products at Executive Forum 2018
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DDD
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https://www.nasdaq.com/articles/hp-unveils-host-of-new-products-at-executive-forum-2018-2018-04-12
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HP Inc.HPQ recently made a few important announcements regarding its strategic initiatives in line with the industry's evolution at one of its most significant partner event, Executive Forum 2018, in the Americas.
The announcements included the incorporation of "premium features and expressive designs into its convertible, notebook and desktop PCs". The company also introduced a new range of notebooks, displays and desktops called HP Pavilion Gaming to address the requirements of gamers.
Additionally, HP announced the expansion of its "A3 multifunction printer line, now including new PageWide A3 skus for both transactional and contractual channels with external finishing". It entered into a partnership with ImageNet Consulting, LLC for improvement of efficiency of A3 product line as well.
Notably, post the split from the parent company - Hewlett-Packard Company - in November 2015, HP has been focusing on product innovation & differentiation, pricing, and marketing and sales activities to trigger demand for its PC and Printing products in the market. The company has generated high returns for investors over the past year.
In a year's time, the stock has appreciated 18.7% outperforming the S&P 500's gain of 13.8%.
Meanwhile, HP's initiatives seem to be paying off. This is evident from a report by IDC which states that in fourth-quarter 2017 the company's PC shipments registered the seventh quarter of consecutive year-over-year growth after witnessing several quarters of decline. Additionally, Gartner and IDC believes that the PC industry is moving toward stabilization, which is another positive for the company.
Moreover, the company's acquisition of Samsung Electronics' printer business bodes well for its printing segment, with the addition of 6,500-plus printing patents owned by Samsung. HP's initiatives toward fortifying its 3D printing business capabilities are also encouraging. Still, the company lags behind 3D Systems DDD and Stratasys SSYS .
Nevertheless, HP's initiatives are reflecting in its impressive financials. In the past quarter, the company witnessed sixth consecutive revenue growth after witnessing a prolonged period of decline. Going ahead, we expect this Zacks Rank #2 (Buy) stock to perform even better backed by its strategic initiatives.
Key Pick
Another stock in the technology sector worth considering is Western Digital Corporation WDC sporting a Zacks Rank #1 (Strong Buy).
You can see the complete list of today's Zacks #1 Rank stocks here.
Western Digital's long-term earnings growth rate is projected at 19%.
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To read this article on Zacks.com click here.
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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.
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Still, the company lags behind 3D Systems DDD and Stratasys SSYS . Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. HP Inc.HPQ recently made a few important announcements regarding its strategic initiatives in line with the industry's evolution at one of its most significant partner event, Executive Forum 2018, in the Americas.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Still, the company lags behind 3D Systems DDD and Stratasys SSYS . Key Pick Another stock in the technology sector worth considering is Western Digital Corporation WDC sporting a Zacks Rank #1 (Strong Buy).
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Still, the company lags behind 3D Systems DDD and Stratasys SSYS . Notably, post the split from the parent company - Hewlett-Packard Company - in November 2015, HP has been focusing on product innovation & differentiation, pricing, and marketing and sales activities to trigger demand for its PC and Printing products in the market.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. Still, the company lags behind 3D Systems DDD and Stratasys SSYS . Key Pick Another stock in the technology sector worth considering is Western Digital Corporation WDC sporting a Zacks Rank #1 (Strong Buy).
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2018-04-12 00:00:00 UTC
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The 15 Best "Turnaround Story" Stocks Right Now
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https://www.nasdaq.com/articles/15-best-turnaround-story-stocks-right-now-2018-04-12
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Investors love being involved in innovative companies. The market's love affair with Apple ( AAPL ) and Amazon.com ( AMZN ) serve as evidence to that end. Few things are more thrilling than seeing a company bring a new and highly-marketable product to the market, and seeing it turn into a reward for shareholders with the foresight to take a shot.
But there's a scenario that investors love just as much as (if not more than) buying an innovator. That's buying into a turnaround story.
Redemption is a powerful aphrodisiac, and for good reason. General Motors ( GM ), Delta Air Lines ( DAL ) and even the aforementioned Apple were once on the brink of total collapse, but each managed to regroup and reward investors for their faithfulness.
There's a fresh crop of turnaround stories - and in some cases even step into - on the market's horizon. A fair warning: None of these overhaul efforts are guaranteed to take hold. But some of them could be lucrative opportunities for the aggressive, and all of them should be fun to watch unfold.
SEE ALSO: 30 Blue-Chip Stocks With the Best Analyst Ratings
BlackBerry ( BB , $10.54) - the company that invented smartphones only to be completely squeezed out of that market - never really went away. But it's barely in the smartphone-manufacturing business anymore; it merely licenses the name. Instead, it is focused on offering software that makes smartphones more secure, and ultimately more powerful to business users.
So far, it seems to be the right move.
BlackBerry is finding far more success as a software outfit than it ever could be as a device maker that must compete with the likes of Apple or Samsung ( SSNLF ). Its fourth-quarter software and services revenue was up 18.6% year-over-year, and its technology solutions (the arm that's addressing the growing internet-of-things market) revenue grew 31.4%.
The job isn't completely finished, but by and large the repair work for this once-iconic company is over. As CEO John Chen recently put it, "We're done with the turnaround, so to speak," suggesting the company is ready to take its overhauled company and turn up the heat on its revenue effort. The opportunity certainly is in place, with more than 20 billion "connected" devices forecast to be in place by 2020, and with mobile devices increasingly becoming the centerpiece of our work and personal lives.
SEE ALSO: 20 of the Best Stocks You Probably Haven't Heard Of
It's safe to say that the 3D printing industry failed to live up to the hype it managed to create back in 2013. Observers predicted a future where consumer-priced 3D printers would be as common as ordinary inkjet printers, while major manufacturers would be upended by enterprising entrepreneurs operating 3D printers in their garages.
It just never happened. Indeed, it's been so long since 3D printer mania, many investors have forgotten about the movement.
Big mistake. Costs are shrinking, and the market is better educated about what these printers can do. The old dream may finally be realized. Keith Kmetz, program vice president at International Data Corporation, explained of the 3D printing business earlier this year, "There's a lot of exciting potential that's been talked about for years. We're getting closer to fruition." Recent outlooks for the 3D printing industry suggest the market will be worth $32.8 billion by 2023, growing at an annualized pace of nearly 26% en route.
That gives 3D Systems ( DDD , $11.99), which makes 3D printers and all the tools that go with them, a fighting chance to turn its business - and its struggling stock - around. DDD already is showing modest hints of that improvement: Fourth-quarter revenue was up nearly 7% year-over-year, and analysts expect similar progress through 2019.
SEE ALSO: 50 Stocks That Have Raised Dividends for 25 Straight Years
The retail apocalypse has reached far and wide, making life difficult for stores of any ilk. Department store chain Nordstrom ( JWN , $48.37) hasn't been immune. In fact, the old - and largely family-owned - outfit was looking to go private last year as a way of buying time, raising some money and regrouping without too much investor interference.
An offer to that end was ultimately rejected by the company's board of directors last month. But one has to wonder: Maybe the attrition of so many other stores in the meantime has left Nordstrom in a position where it can attract a large crowd of shoppers again.
John Burke, CEO of New Jersey-based investment management outfit Burke Financial Strategies, thinks that is what is in the cards. He says, "The key will be which companies can give customers a reason to visit the store because they are not going to do well versus Amazon. Nordstrom is in better shape, for example, because they have done a great job of being at the high-end malls and also at offering help to customers."
Burke adds, "Nordstrom is still growing revenues and is very profitable," even if the stock doesn't fully reflect that success.
SEE ALSO: The 18 Best Stocks to Buy for 2018
All food companies have been struggling with higher commodity costs of late. Not all of them have handled the matter very well, though. Some have been unable to meaningfully cull costs on other fronts.
Dean Foods ( DF , $8.82) has been a compelling exception to that norm, at least of late.
Dean ran into a headwind late last year. Fiscal second-quarter income fell 45% year-over-year despite a 4% increase in revenue. Investors clearly assumed the underlying problems were beyond resolution, as they sent DF shares down more than 50% over the past 12 months.
Management appears to know what to do, though. CEO Ralph Scozzafava explained in early May, "We expect to consolidate our supply chain by a meaningful amount over the next 18 to 24 months while also making sure that we deliver the same great quality, value and service that our customers have come to expect from us. For this important reason, we'll implement our supply chain changes in phases with targeted completion in 2019."
Dean Foods has been diversifying into ice cream, cottage cheese, sour cream and juice markets, aiming to add new revenue streams at the same time it improves the distribution of its existing product lines. Investors may be underestimating the company's future.
SEE ALSO: Dividend Aristocrats With 50+ Years of Payout Growth
Ford ( F , $11.31) isn't in any trouble that it actually has to fight to escape. The company may be hitting a cyclical headwind, but last year's revenues were up 3% year-over-year, helped by 7% growth in Q4. Operating profits still are near record highs.
Clearly investors still aren't impressed. Ford stock is down more than 35% from its 2014 high and currently sits at multiyear lows.
The problem is largely one of optics. While Ford as a company is doing well, investors have struggled to believe in the company's direction and future. Ford also has been conspicuously missing the self-driving and "mobility" discussion, even though it's is addressing both.
To the extent that lackluster messaging is the problem, however, the company is changing things for the better. In March, Ford's Vice President of Product Development Hau Thai-Tang fleshed out some of the broad brushstrokes of the six-pronged "turnaround" plan unveiled late last year. Those details were enough to spur an upgrade from Morgan Stanley equity analyst Adam Jonas, who wrote, "Our revised target (of $15) gives Ford credit for adjusting its global portfolio to emphasize its strong position in U.S. pickup trucks, where the company has outsized exposure."
Just for the record, a stake in Valeant Pharmaceuticals ( VRX , $16.63) isn't for the faint of heart. The biopharma company is fighting a tough battle on multiple fronts, headlined by a mountain of debt and a severely damaged reputation.
Still, there's just enough hope here to keep things interesting.
You know Valeant, even if you think you don't. This was the company that outfit activist investor and hedge fund manager Bill Ackman used to aggregate the purchase of several specialty drugs, leaving it with $30 billion in debt just as consumers and the government started to push back against rampant price increases in these specialty drugs. The movement quelled the pricing power of Valeant's portfolio, but not its debt burden.
Relatively new CEO Joseph Papa is walking that fine line reasonably well, shedding divisions that can fetch a fair price, restoring goodwill with customers and smartly developing or buying new drugs that can actually pay for themselves. It just might work. While it was a big self-serving of Papa to describe Valeant Pharmaceuticals as "a turnaround opportunity of a lifetime" earlier this year, analysts do project modest sales and earnings growth for 2019.
It's a start.
SEE ALSO: 11 Best Health Care Stocks to Buy
Generally speaking, activist investors get a bad rap from mainstream Wall Streeters and investors. Although they often operate in the name of "unlocking value," all too often that value seems to be self-serving and grounded in the short-term.
Not all activism is bad, though. Sometimes, simply shaking the cage a little with the mere threat of more active involvements from shareholders is enough to get an organization back on track.
Enter Taubman Centers ( TCO , $56.93), a real estate investment trust (REIT) that operates 27 malls and shopping centers across America and parts of China. It has not done poorly of late, considering the headwind that brick-and-mortar retail has run into. But it has not done well enough to escape the interest of not one but two activist shareholders. Paul Singer's hedge fund, Elliott Management, now has a large stake in TCO, as does Jonathan Litt's fund Land & Buildings Investment Management.
Singer has kept his peace so far, but not Litt. He recently penned a public letter to Taubman's chiefs, arguing that "A true shareholder representative with a deep knowledge of REITs and regional shopping malls needs to be added to the Board of Taubman." He added, "If you remain unwilling to engage, we will look forward to once again taking our case to the shareholders."
It's not exactly clear what that meant, but one way or another it looks like changes for the better may be in the cards.
FireEye ( FEYE , $18.75) isn't exactly a household name, but most people understand the importance of what FireEye does. The financial damage done by hacking and cybercrime is expected to reach an annualized pace of $6 trillion by 2021, spurring the investment of $1 trillion in cyberdefense technologies between now and then. FireEye brings a suite of cybersecurity tools to the table.
It hasn't always been clear whether FireEye would survive long enough to enjoy the opportunity. The company went on an acquisition spree, and for years the bigger its top line got, the bigger the losses it booked. Its bottom line finally made a turn for the better in 2017, though. Now, the pros expect a 2017 loss of 16 cents per share to swing to a 2-cent profit this year, then a 16-cent profit in 2019.
Shares already are perking up in anticipation of what's to come. FEYE has gained more than 40% over the past 12 months, though they're still down more than 60% from their 2015 peak. That leaves plenty of room for more upside for investors willing to take the risk.
SEE ALSO: The 10 Best Tech Stocks of All Time
Oil and gas giant BP ( BP , $43.06) has, to put it bluntly, been brutalized for years now. Just when it looked like the reputational and financial impact of its Deepwater Horizon oil spill in the Gulf of Mexico in 2010 was finally winding down, an implosion of oil prices in 2014 further hammered the beleaguered company.
Nevertheless, there's a light at the end of the tunnel.
That's how Michael Windle, financial advisor with Michigan-based C. Curtis Financial Group, sees it anyway. He says, "BP has been paying damages to the Gulf region and has been operating at a loss for the last eight years. However, beginning his year, BP expects to be back in the black. Surprisingly, they made it through the worst oil spill in U.S. history and are now looking to get back on track.
"This isn't necessarily a 'feel good' story, but none the less a very compelling look at how they survived this tragedy and have been able to recover."
He has a point. Indeed, BP may be stronger for it, since it has been forced to get better at ... essentially everything. Analysts expect its revenue to grow 8% this year only to slump 6% next year. But those same pros are calling for nearly a 50% improvement in per-share profits in 2018, followed by at least a little more profit growth in 2019.
JCPenney ( JCP , $3.21) is yet another retailer that appears to be picking itself up by its bootstraps.
For a time, it wasn't clear a turnaround was even possible. The Ron-Johnson-as-CEO era, from 2011 to 2013, made a bad problem worse - at the worst possible time. The former Apple executive tried to treat the value-oriented retailer like an Apple Store right at the point when the retail apocalypse was picking up steam. Customers who were already getting quite comfortable with online shopping were further alienated by an unfamiliar look and feel of the company's stores.
Plenty of hurdles still lie ahead. The retailer doesn't have much of an online presence, and the waning interest in apparel (and waning interest in shopping as entertainment) means there still are too many stores fighting for too little foot traffic. However, JCP's fourth-quarter same-store sales grew 2.6% year-over-year, backed by a solid swing to a 57-cent profits. This is a turnaround effort you have to applaud.
SEE ALSO: 10 Blue-Chip Stocks to Put on Your "Buy the Dip" List
There's no denying things just haven't been the same for Chipotle Mexican Grill ( CMG , $325.08) since it was determined to be the epicenter of an E. coli outbreak in late 2015. While consumers are reasonably quick to forgive and forget things that are tough (though not impossible) to control, the Tex-Mex eatery has limped along for more than two years now thanks to the gaffe.
But if you take a closer look, you'll see a ray of sunshine peeking through.
Chipotle's fourth-quarter revenue was up 7.3%, largely thanks to new store openings, but same-store sales were up 0.9% year-over-year. At least the proverbial bleeding has been stopped, and the organization is still profitable. It's something to build on.
Perhaps more telling than anything about the stock's future is the fact that investors are starting to believe. While still down more than 50% from its August high, Chipotle shares are testing the waters of higher highs in a way nobody has seen in a couple of years. It's the market's way of saying it's willing to give the new CEO - Brian Niccol, Taco Bell's former chief - a chance at fully redeeming the restaurant chain.
Not long ago, Twitter ( TWTR , $29.00) wasn't exactly guaranteed a long and fruitful future. Its number of monthly users actually fell quarter-over-quarter in early 2016, and during the first quarter of 2017 its revenue fell for the first time ever. Never even mind the habitual losses Twitter had been booking since its inception.
A funny thing happened in its most recently reported quarter, though. In step with decent revenue growth, Twitter swung to a profit.
Granted, cost-cutting was responsible for most of the move out of the red and into the black. Twitter spent $70 million less on sales and marketing, for instance, and culled R&D spending by about the same amount. The cost-cutting clearly didn't turn out to be a problem, however. The organization still has enough employees, enough users, and enough paying customers to make it viable.
Sure, Twitter has been lumped in with the likes of Facebook ( FB ), Alphabet ( GOOGL ) and other big-tech names with the recent privacy debacle, and rightfully so - Twitter collects a fair amount of information about its users too. JPMorgan analyst Doug Anmuth doesn't think Twitter faces the same degree of risk its peers are, though, saying late last month, "We recognize that broader industry headlines around use of data and potential regulation may be around for some time, but we believe the pullback in Twitter shares on Data Licensing concerns is overdone and we would take advantage of recent weakness."
Anmuth added, " TWTR 's execution is improving across both products and advertising, which we expect to drive 11 percent DAU growth in 2018 and accelerating revenue growth of 14%."
SEE ALSO: 7 Hot New Technologies to Buy in 2018
When investors think of telco companies, CenturyLink ( CTL , $17.25) isn't usually one that comes to mind. The days of localized and regional telephone and cable (and now, broadband) companies are mostly in the past.
CenturyLink is something of a relic.
The reality has taken a toll on CTL's overall results. Bigger rivals are slowly but surely chipping away at the smallish organization's share. Something's got to change, and the foray into data centers a few years ago wasn't it. And, the acquisition of Level 3 Communications has proven to be a headache, as the Department of Justice required the sale of some assets that came with Level 3. The stock's down a little more than 30% for the past year, as investors have been nagged by too many questions about the company's future.
The dust is beginning to settle, though, and as it turns out, the company isn't in quite as much trouble as many have presumed. More than anything, though, former Level 3 CEO Jeff Storey will take over as CenturyLink's chief in May 2018. It may well be just the tweak needed to get this almost-great company over the proverbial hump. Besides, Storey already led the turnaround from Level 3 Communications, embracing modern technologies like cloud computing and cybersecurity.
Outgoing CEO Glen Post is well-respected, but Storey may be better suited at the helm at this time.
Twenty-two. That's how many consecutive quarters International Business Machines ( IBM , $158.07) saw its revenue fall on a year-over-year basis. The 23rd quarter that ended in December, however, ended the losing streak.
It was a "just barely" improvement, mind you, with the top line up only 1% on a constant-currency basis versus Q4 2016's total. Investors still are concerned about lagging profits, too. But all big trends start out as small ones, and the pros are modeling slow and steady sales as well as profit-growth for this year and next.
It also wasn't just a "wait it out" effort, either. Indeed, IBM couldn't have waited anything out, as its once-iconic products such as mainframes are simply going to be used less and less, replaced by far more flexible cloud-based platforms. Artificial intelligence and IoT are part of the inevitable tech future as well. IBM had to build such products from the ground up, which is what it has being doing for the past several years.
These so-called "Strategic Imperatives" bring IBM into 2018, and they'll soon account for more than half of the company's revenue. In Q4, these imperatives made up 46% of IBM's sales.
SEE ALSO: The Best Online Brokers
Last but not least, if you want to turn a company around, why not call in a turnaround specialist? That's exactly what Best Buy ( BBY , $71.30) did back in 2012, naming Hubert Joly as CEO to prevent the electronics and appliance retailer from ceding any more ground to Amazon.com.
Prior to taking the helm at Best Buy, Joly had proven several times he can save a deteriorating business. He rekindled France's arm of technology firm EDS, restructured Vivendi's video game business in a way that ultimately led to a union of it and Activision ( ATVI ), and he made Carlson Wagonlit Travel relevant again at a time when online travel agent startups were becoming the new normal.
The foundation for the Best Buy turnaround was a specific, detailed plan called "Renew Blue." It's working. The company's Q4 same-store sales improved by a whopping 9% year-over-year, and Best Buy is en route to a fifth consecutive year of per-share profit growth.
The best may be yet to come, with Joly saying last month, "We have turned around the business," and "it's about where we go from here." The forward-looking expansion plan called "Best Buy 2020" is just as tangible as Renew Blue was, offering clear, tangible direction to employees - something so often missing in other turnaround plans that are often little more than a mere list of wishes.
SEE ALSO: The 100 Most Popular Funds for 401(k) Retirement Savings
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.
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That gives 3D Systems ( DDD , $11.99), which makes 3D printers and all the tools that go with them, a fighting chance to turn its business - and its struggling stock - around. DDD already is showing modest hints of that improvement: Fourth-quarter revenue was up nearly 7% year-over-year, and analysts expect similar progress through 2019. Those details were enough to spur an upgrade from Morgan Stanley equity analyst Adam Jonas, who wrote, "Our revised target (of $15) gives Ford credit for adjusting its global portfolio to emphasize its strong position in U.S. pickup trucks, where the company has outsized exposure."
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That gives 3D Systems ( DDD , $11.99), which makes 3D printers and all the tools that go with them, a fighting chance to turn its business - and its struggling stock - around. DDD already is showing modest hints of that improvement: Fourth-quarter revenue was up nearly 7% year-over-year, and analysts expect similar progress through 2019. Paul Singer's hedge fund, Elliott Management, now has a large stake in TCO, as does Jonathan Litt's fund Land & Buildings Investment Management.
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That gives 3D Systems ( DDD , $11.99), which makes 3D printers and all the tools that go with them, a fighting chance to turn its business - and its struggling stock - around. DDD already is showing modest hints of that improvement: Fourth-quarter revenue was up nearly 7% year-over-year, and analysts expect similar progress through 2019. As CEO John Chen recently put it, "We're done with the turnaround, so to speak," suggesting the company is ready to take its overhauled company and turn up the heat on its revenue effort.
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That gives 3D Systems ( DDD , $11.99), which makes 3D printers and all the tools that go with them, a fighting chance to turn its business - and its struggling stock - around. DDD already is showing modest hints of that improvement: Fourth-quarter revenue was up nearly 7% year-over-year, and analysts expect similar progress through 2019. For a time, it wasn't clear a turnaround was even possible.
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ac274dcd-4229-425e-907c-2fbe849e2a45
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716909.0
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2018-04-10 00:00:00 UTC
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Why You Shouldn't Bet Against 3D Systems (DDD) Stock
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DDD
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https://www.nasdaq.com/articles/why-you-shouldnt-bet-against-3d-systems-ddd-stock-2018-04-10
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One stock that might be an intriguing choice for investors right now is 3D Systems CorporationDDD . This is because this security in the Computer - Mini Computers space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Computer - Mini Computers space as it currently has a Zacks Industry Rank of 52 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, 3D Systems is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term.
3D Systems Corporation Price and Consensus
3D Systems Corporation Price and Consensus | 3D Systems Corporation Quote
In fact, over the past one-month, current quarter estimates have moved from a loss of a penny per share to earnings of a penny per share, while current year estimates have risen from earnings of 12 cents per share to 13 cents per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here .
So, if you are looking for a decent pick in a strong industry, consider 3D Systems. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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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.
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One stock that might be an intriguing choice for investors right now is 3D Systems CorporationDDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board.
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One stock that might be an intriguing choice for investors right now is 3D Systems CorporationDDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. This is because this security in the Computer - Mini Computers space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective.
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One stock that might be an intriguing choice for investors right now is 3D Systems CorporationDDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. This is because this security in the Computer - Mini Computers space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective.
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One stock that might be an intriguing choice for investors right now is 3D Systems CorporationDDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. This is because this security in the Computer - Mini Computers space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective.
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2018-04-09 00:00:00 UTC
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Noteworthy Monday Option Activity: MRK, DDD, ISRG
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https://www.nasdaq.com/articles/noteworthy-monday-option-activity-mrk-ddd-isrg-2018-04-09
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Merck & Co Inc (Symbol: MRK), where a total volume of 65,563 contracts has been traded thus far today, a contract volume which is representative of approximately 6.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.3% of MRK's average daily trading volume over the past month, of 11.6 million shares. Particularly high volume was seen for the $57 strike call option expiring April 13, 2018 , with 4,541 contracts trading so far today, representing approximately 454,100 underlying shares of MRK. Below is a chart showing MRK's trailing twelve month trading history, with the $57 strike highlighted in orange:
3D Systems Corp. (Symbol: DDD) options are showing a volume of 12,521 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 50.7% of DDD's average daily trading volume over the past month, of 2.5 million shares. Particularly high volume was seen for the $12 strike call option expiring April 13, 2018 , with 2,690 contracts trading so far today, representing approximately 269,000 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange:
And Intuitive Surgical Inc (Symbol: ISRG) saw options trading volume of 3,784 contracts, representing approximately 378,400 underlying shares or approximately 48.2% of ISRG's average daily trading volume over the past month, of 784,440 shares. Particularly high volume was seen for the $435 strike call option expiring April 20, 2018 , with 497 contracts trading so far today, representing approximately 49,700 underlying shares of ISRG. Below is a chart showing ISRG's trailing twelve month trading history, with the $435 strike highlighted in orange:
For the various different available expirations for MRK options , DDD options , or ISRG 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.
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Particularly high volume was seen for the $12 strike call option expiring April 13, 2018 , with 2,690 contracts trading so far today, representing approximately 269,000 underlying shares of DDD. Below is a chart showing MRK's trailing twelve month trading history, with the $57 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) options are showing a volume of 12,521 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 50.7% of DDD's average daily trading volume over the past month, of 2.5 million shares.
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Below is a chart showing MRK's trailing twelve month trading history, with the $57 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) options are showing a volume of 12,521 contracts thus far today. Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange: And Intuitive Surgical Inc (Symbol: ISRG) saw options trading volume of 3,784 contracts, representing approximately 378,400 underlying shares or approximately 48.2% of ISRG's average daily trading volume over the past month, of 784,440 shares. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 50.7% of DDD's average daily trading volume over the past month, of 2.5 million shares.
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Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange: And Intuitive Surgical Inc (Symbol: ISRG) saw options trading volume of 3,784 contracts, representing approximately 378,400 underlying shares or approximately 48.2% of ISRG's average daily trading volume over the past month, of 784,440 shares. Below is a chart showing MRK's trailing twelve month trading history, with the $57 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) options are showing a volume of 12,521 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 50.7% of DDD's average daily trading volume over the past month, of 2.5 million shares.
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Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange: And Intuitive Surgical Inc (Symbol: ISRG) saw options trading volume of 3,784 contracts, representing approximately 378,400 underlying shares or approximately 48.2% of ISRG's average daily trading volume over the past month, of 784,440 shares. Below is a chart showing MRK's trailing twelve month trading history, with the $57 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) options are showing a volume of 12,521 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 50.7% of DDD's average daily trading volume over the past month, of 2.5 million shares.
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2018-04-04 00:00:00 UTC
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3D Systems Corporation Goes Back to the Beginning
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DDD
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https://www.nasdaq.com/articles/3d-systems-corporation-goes-back-beginning-2018-04-04
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
A settlement notice arrived at my office the other day, offering $50 million to people who bought stock in 3D Systems Corp. (NYSE: DDD ) during its heyday of 2013-2015.
Back then, 3D printing was the "next big thing" and a hobbyist culture developed around machines like the 3D Systems Cube, which extruded melted plastic onto a platform, under software control, to make simple objects.
7 Double-Digit Dividend Stocks for Market Safety
People compared it to the PC revolution of the 1970s, but once customers found they only made plastic gewgaws they stopped buying them. Once they got bored they stopped buying the plastic. So 3D finally took the hit by killing Cube, a $596.4 million net loss in 2015's fourth quarter, $5.32 per share, on revenue of $183.4 million.
Taking the Hit
I won't be filing for "my share" of this money, because I wasn't hurt. I got out of the stock before the end and came out with a small profit. Shares that peaked at the end of 2013 near $60 per share open for trade April 4, 2018 at $11.26.
Ironically, 3D Systems didn't start the boom. The "Steve Jobs" of all this was Bre Pettis and MakerBot, whose Replicator machines were made in Brooklyn and sparked talk of an industrial revolution early in the decade.
Pettis was glib, he was photogenic, he was a true believer, and the press ate him up, especially when he sold MakerBot to 3D rival Stratasys Ltd. (NASDAQ: SSYS ) for $403 million. The Cube was 3D's reaction to the boom.
The fact is that 3D Systems, based in Rock Hill, South Carolina, outside Charlotte, had always been a far more serious outfit. It was founded in 1986 by Chuck Hull , now 79. He called it stereolithography and holds over 60 patents. He is still listed as 3D's chief technology officer.
After the Fire
Because of its accuracy, 3D printing does have real uses. It's good for rapid prototyping and low volume production. It's especially useful for making medical parts like artificial knees and dental bridges , because of its accuracy. Some car companies even use it for making after-market parts .
But, financially, 3D Systems is back to being what it was before the boom happened, a marginal printer and equipment maker. Its gross profit of $85.46 million for the fourth quarter, for instance, was more than eaten up by the $22.97 million put into research, resulting in an operating loss of $5.7 million and total net loss of $10.13 million. The market cap is $1.28 billion.
The company isn't under threat. There's only $7 million of debt, receivables are finely balanced with payables, and there's $136.3 million of cash and equivalents. In some ways it's as if the boom never happened.
But forget the old talk of a "big two" in the field. Stratasys is in no better shape, and innovation can come from anywhere - like Italy, where a company called Reboze has just opened a U.S. office to sell medical implants or China, where Intamsys has just launched a global 3D printing service.
The Bottom Line on 3D Systems Stock
The "additive manufacturing" market is not as large, and not growing as quickly, as bulls thought, although maybe it's developing much as Chuck Hull thought it would a decade ago.
The field still needs big breakthroughs in speed, in materials, and in costs. There was once a belief that HP Inc. (NYSE: HPQ ) would transform everything with its Jet Fusion line , which saw its first deliveries almost two years ago , but that hasn't happened either.
The 10 Worst Stocks to Buy for Q2
After the fire, the fire still burns, as Pete Townsend sang. The heart grows older, but it never, ever learns. The 3D printing race remains one among technologists, moving at a tortoise pace, and you should not expect that to change.
Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.comor follow him on Twitter at @danablankenhorn . As of this writing he owned no shares in companies mentioned in this story.
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The post 3D Systems Corporation Goes Back to the Beginning 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.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips A settlement notice arrived at my office the other day, offering $50 million to people who bought stock in 3D Systems Corp. (NYSE: DDD ) during its heyday of 2013-2015. Back then, 3D printing was the "next big thing" and a hobbyist culture developed around machines like the 3D Systems Cube, which extruded melted plastic onto a platform, under software control, to make simple objects. 7 Double-Digit Dividend Stocks for Market Safety People compared it to the PC revolution of the 1970s, but once customers found they only made plastic gewgaws they stopped buying them.
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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 A settlement notice arrived at my office the other day, offering $50 million to people who bought stock in 3D Systems Corp. (NYSE: DDD ) during its heyday of 2013-2015. So 3D finally took the hit by killing Cube, a $596.4 million net loss in 2015's fourth quarter, $5.32 per share, on revenue of $183.4 million.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips A settlement notice arrived at my office the other day, offering $50 million to people who bought stock in 3D Systems Corp. (NYSE: DDD ) during its heyday of 2013-2015. Its gross profit of $85.46 million for the fourth quarter, for instance, was more than eaten up by the $22.97 million put into research, resulting in an operating loss of $5.7 million and total net loss of $10.13 million. The Bottom Line on 3D Systems Stock The "additive manufacturing" market is not as large, and not growing as quickly, as bulls thought, although maybe it's developing much as Chuck Hull thought it would a decade ago.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips A settlement notice arrived at my office the other day, offering $50 million to people who bought stock in 3D Systems Corp. (NYSE: DDD ) during its heyday of 2013-2015. 7 Double-Digit Dividend Stocks for Market Safety People compared it to the PC revolution of the 1970s, but once customers found they only made plastic gewgaws they stopped buying them. The Cube was 3D's reaction to the boom.
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2018-03-21 00:00:00 UTC
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HP Unveils Smallest Printer for Micro and Small Business
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https://www.nasdaq.com/articles/hp-unveils-smallest-printer-for-micro-and-small-business-2018-03-21
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HP Inc.HPQ recently unveiled HP LaserJet Pro M15 and M28 series, the smallest laser printer targeted at the owners of small and micro businesses. The new models, which can fit in a small space, are aimed at providing efficient printing experience.
These can print about 18 to 19 pages per minute and can be operated via the HP Smart App. Per the press release, the printers are also capable of supporting "Apple AAPL AirPrint; Google GOOGL Cloud Print, Mopria-certified and Wi-Fi Direct."
Notably, with the rise in short-term contractual and freelancing jobs, business structures are witnessing changes. Per a recent article by World Economic Forum, around 99% of the private sector in the United Kingdom comprises small businesses.
With the changing requirements of the business world, the easy-to-carry mobile printers are much in demand. We believe the lucrative features of the company's "lowest priced" printers will drive demand going ahead, thereby boosting its top line. Notably, the printers will be available in the market after April 2018.
HP Inc. Price
HP Inc. Price | HP Inc. Quote
HP in Printing
After its split from parent company Hewlett-Packard in November 2015, HP's efforts to revamp the printing business have been encouraging.
The company acquired Samsung Electronics' printer business, which seems to be a strategic fit for HP. It has expanded the company's printing business, with the addition of 6,500-plus printing patents owned by Samsung.
Additionally, the company is also making efforts to solidify its 3D printing business capabilities. HP is currently focusing solely on industrial markets in this respect unlike 3D Systems DDD and Stratasys. This is where HP lags these two companies currently.
Nevertheless, the company's efforts are showing results as it registered the fourth consecutive quarter of print business revenue growth in first-quarter fiscal 2018. We believe these continued attempts will enable the company to keep up the momentum going ahead.
HP carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
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HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
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Apple Inc. (AAPL): Free Stock Analysis Report
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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.
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HP is currently focusing solely on industrial markets in this respect unlike 3D Systems DDD and Stratasys. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): 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. Per a recent article by World Economic Forum, around 99% of the private sector in the United Kingdom comprises small businesses.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): 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. HP is currently focusing solely on industrial markets in this respect unlike 3D Systems DDD and Stratasys. HP Inc. Price HP Inc. Price | HP Inc. Quote HP in Printing After its split from parent company Hewlett-Packard in November 2015, HP's efforts to revamp the printing business have been encouraging.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): 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. HP is currently focusing solely on industrial markets in this respect unlike 3D Systems DDD and Stratasys. HP Inc.HPQ recently unveiled HP LaserJet Pro M15 and M28 series, the smallest laser printer targeted at the owners of small and micro businesses.
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HP is currently focusing solely on industrial markets in this respect unlike 3D Systems DDD and Stratasys. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): 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. HP Inc. Price HP Inc. Price | HP Inc. Quote HP in Printing After its split from parent company Hewlett-Packard in November 2015, HP's efforts to revamp the printing business have been encouraging.
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2018-03-19 00:00:00 UTC
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3D Systems (DDD) vs. Stratasys (SSYS): Which Had the Better 2017 Results?
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https://www.nasdaq.com/articles/3d-systems-ddd-vs-stratasys-ssys-which-had-better-2017-results-2018-03-19
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Now that the two leading diversified 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , have reported fourth-quarter and full-year 2017 earnings (3D Systems here and Stratasys here ), we can directly compare their 2017 results.
Keep in mind that qualitative factors can be just as meaningful as quantitative ones, and future results are more important than current ones. Even with these caveats, the findings from this metric face-off should be helpful for making investing decisions in this space.
Revenue
Data sources: 2017 earnings reports.
Advantage: Tie
At first glance, 3D Systems would appear to be the victor here. However, its revenue got a boost from its acquisition of the Vertex Global dental material brands in the first quarter of 2017. The company hasn't provided exact sales figures for Vertex, but did give a ballpark idea of its sales at the time of purchase. Based on that data, it's probably safe to say that 3D Systems' 2017 organic revenue growth hovered around flat with the prior year.
Both companies have struggled to grow revenue since 2015. The initial reason was likely that there was overcapacity in the field due to the large volume of 3D printers sold in the prior couple of years. Increasing competition has also been a factor since at least 2016, when compelling new rivals HP Inc. and venture-backed Carbon entered the market via launches of speedy polymer 3D printers for the enterprise market.
GAAP earnings per share
Data sources: 2017 earnings reports. GAAP = generally accepted accounting principles.
Advantage: Stratasys
We can't draw conclusions by directly comparing EPS results because the companies don't have the same number of shares outstanding. Both companies are unprofitable from a GAAP standpoint, so neither is doing well. That said, Stratasys gets this category in its column because its GAAP earnings improved in 2017, whereas 3D Systems' got worse. 3D Systems' earnings were hit hard in the third quarter, driven by a $12.9 million legacy products and parts inventory writedown, as well as execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses.
Non-GAAP or adjusted EPS
Data sources: 2017 earnings reports.
Advantage: Stratasys
The same comment as above applies to directly comparing the companies' adjusted EPS results. Relative to 2016's results, however, Stratasys is the decisive winner, as its adjusted EPS increased considerably in 2017, whereas 3D Systems' non-GAAP results flipped from a gain to a loss.
GAAP gross profit margin
Data sources: 2017 earnings reports.
Advantage: Stratasys
A higher gross margin relative to a company in the same line of business can be indicative of better operating efficiency and/or stronger pricing power.
Liquidity -- net cash on hand and operating cash flow
Data sources: 2017 earnings reports.
Advantage: Stratasys
Both companies are in good shape from a liquidity standpoint. Stratasys, however, is the decisive winner here as it has a considerably bigger cash hoard and also generated more than twice the cash from operations as 3D Systems did.
Research and development spending
Data sources: 2017 earnings reports.
Advantage: Tie
Both companies spent about the same respectable percentage of their revenue on research and development. Investing in research and development is critical in rapidly evolving technology spaces.
2017 guidance
Data sources: Q4 2017 earnings reports and conference calls.
Advantage: N/A
We can't determine a winner here, since 3D Systems didn't provide a 2018 outlook. When it released its third-quarter results, the company withdrew its previously issued full-year 2017 guidance, citing the unpredictability surrounding legacy product quality and reliability issues. These issues have proved deeper than the relatively new management team (the CEO and CFO both came on board in 2016) initially realized.
Stratasys' EPS guidance was lower than the $0.61 that Wall Street was looking for. Management explained on the earnings call that beginning in 2018, the company is ramping up investments aimed at driving long-term growth.
The winner is...
Final score: Stratasys: 4; 3D Systems: 0; tie or N/A: 3.
Keep in mind the caveats listed in the opening: Qualitative factors can be at least as important as quantitative ones and future results are more important than current ones. Moreover, we didn't look at stock valuations.
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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.
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Now that the two leading diversified 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , have reported fourth-quarter and full-year 2017 earnings (3D Systems here and Stratasys here ), we can directly compare their 2017 results. 3D Systems' earnings were hit hard in the third quarter, driven by a $12.9 million legacy products and parts inventory writedown, as well as execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses. Advantage: Stratasys A higher gross margin relative to a company in the same line of business can be indicative of better operating efficiency and/or stronger pricing power.
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Now that the two leading diversified 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , have reported fourth-quarter and full-year 2017 earnings (3D Systems here and Stratasys here ), we can directly compare their 2017 results. GAAP earnings per share Data sources: 2017 earnings reports. Non-GAAP or adjusted EPS Data sources: 2017 earnings reports.
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Now that the two leading diversified 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , have reported fourth-quarter and full-year 2017 earnings (3D Systems here and Stratasys here ), we can directly compare their 2017 results. Advantage: Stratasys We can't draw conclusions by directly comparing EPS results because the companies don't have the same number of shares outstanding. Relative to 2016's results, however, Stratasys is the decisive winner, as its adjusted EPS increased considerably in 2017, whereas 3D Systems' non-GAAP results flipped from a gain to a loss.
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Now that the two leading diversified 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , have reported fourth-quarter and full-year 2017 earnings (3D Systems here and Stratasys here ), we can directly compare their 2017 results. Revenue Data sources: 2017 earnings reports. GAAP gross profit margin Data sources: 2017 earnings reports.
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2018-03-18 00:00:00 UTC
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The Market Cap Game, Round 3: Do You Know What These Major Names Are Worth?
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DDD
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https://www.nasdaq.com/articles/market-cap-game-round-3-do-you-know-what-these-major-names-are-worth-2018-03-18
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With March Madness upon us, it's probably no shock that Motley Fool co-founder David Gardner had a hankering to bring a competitive episode to his Rule Breakers podcast, though, of course, he's always competing with the broader market.
For this episode, he invited the Fool's Matt Argersinger back to play round three of The Market Cap Game. And you, readers and listeners, are invited to play along. Gardner presents us with 10 well-known companies, and gives Argersinger the task of guessing their values to within 20%. In each of his last two outings, he scored a not-too-shabby six out of 10. (Par is 4.) Can he repeat that or even exceed it? We'll find out. Along the way, they'll also share some investing insights that could be valuable to you.
A full transcript follows the video.
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*Stock Advisor returns as of March 5, 2018
The author(s) may have a position in any stocks mentioned.
This video was recorded on March 13, 2018.
David Gardner: Welcome back to Rule Breaker Investing ! As I mentioned last week, I'm really excited to play our game again. I've got my friend, Matt Argersinger. Matt, hello!
Matt Argersinger: Hey!
Gardner: Matt, you are the ringer at our Market Cap Game Show. You have been here for the first two episodes. This is episode three. Just to lay out the ground rules, because I'm sure we have some new listeners this week as we do every week.
The ground rules are that we're talking about the market cap of each of the 10 companies over the course of our podcast this week. Our game show. I've selected the companies. They're all picked from the Supernova Universe -- that is the sum total of all the stocks that are active recommendations that I've made in Stock Advisor and Rule Breakers -- and that's about 220 companies or so. All actively recommended. They're all my children. I love them all. They sometimes came with other dads or moms into the family, Matt. At least one of these you picked before, but we use these in the Supernova Universe to create real-money portfolios -- what we call missions -- to stick with our space theme and Matt, you have been from day one, the commander of which mission?
Argersinger: The Odyssey 1 mission.
Gardner: The Odyssey 1 mission, whose goal has been and is?
Argersinger: Well, like all our portfolios, it's to beat the market over time, but this particular mission caters to wage-earning investors. Investors who are probably at least, I don't know, maybe five to 10 years away from retirement. Who are still earning wages, saving money, and investing on a regular basis.
Gardner: And the Odyssey 1 mission just crossed a pretty remarkable milestone. Can you remind us, roughly, what month and year you started Odyssey 1 and what did you just achieve last week?
Argersinger: We are about one week away from Supernova's six-year anniversary. I think Odyssey launched March 2012 and just this past week we crossed the 200% threshold, so the Odyssey 1 portfolio has tripled in less than six years, or just about six years.
Gardner: Which is just absolutely spectacular...
Argersinger: For a portfolio, yes. I think it's amazing.
Gardner: It's real money, real recommendations, and people who signed on March of 2012 to join you and your team have just been treated to outstanding advice. It makes me proud to be on your team, Matt, and thank you for all that you and the Odyssey 1 mission team have done.
Argersinger: Oh, thank you, David, and thanks for selecting me to be on the team along with Aaron Bush, Tim Beyers, Sarah Goddard, Joe Tenebruso, and Paul Chi who were on the mission at various points. We're really proud. It's been an exciting and fun ride the whole way through.
Gardner: It really has, and obviously we've all been helped by a very strong stock market since March of 2012. It would have been hard to even get a +100 if we were in the middle of a protracted bear market over the last six years.
But I always like to say the market goes up more than it goes down and while it does go down faster than it goes up, if you can keep both those thoughts in your head, you're going to be pretty happy if you keep your head on, stay invested, and use the benefit of the stock market.
A lot of people, Matt, I think picture the stock market as a parabola, because they think they have to buy low and sell high and sell quickly before it goes back down again. I'm not a math major. Were you at Brandeis?
Argersinger: I was at Brandeis and good for you for knowing.
Gardner: You were actually a math major?
Argersinger: I was not a math major. I went to Brandeis...
Gardner: Oh, I see. I knew you were at Brandeis. So maybe we're fellow humanities guys?
Argersinger: Roughly. I did theater. I did some economics.
Gardner: Excellent.
Argersinger: I used some math.
Gardner: So, you would recognize that the stock market, if you look at a graph of the last century, looks more like a hyperbola, not a parabola, and that's really important to know. It's one of the great truths that unfortunately I think a lot of people don't realize. They don't have that big picture.
Anyway, with that said, we're playing the Market Cap Game Show. Now, Rick Engdahl, our talented producer, will be bringing the music that you know and love [music plays in background] and that is the sound of the beginning of the Market Cap Game Show.
Now Matt, I've got 10 companies. I've queued them up alphabetically by ticker as we've done in our previous two episodes. I should mention -- not you, Matt -- no, you, my fellow listener, my fellow Fool, you are playing the game, too. Maybe you've been with us. We play this quarterly. Maybe you were here in November or last summer when we first started. You're playing along with Matt, and the goal is to guess within 20% above or below the actual market cap of each of these companies.
Now, Matt, for new investors can you briefly explain what market cap is?
Argersinger: Sure. Market cap is an easy way to measure the size of a company. Very simply, you take the share price of the company and multiply it by the shares outstanding. That gives you the market capitalization, which is a way to compare companies across various sizes.
Gardner: And what's important about this game, I think -- and just thinking in terms of market caps -- is if you have a company worth $10 billion versus one worth $1 billion, what does it take to double from $10 billion versus $1 billion? I think it's fair to say all other things being equal -- which they never are -- it's probably easier to find a double and double your money from a $1 billion standing start than a $10 billion standing start.
Argersinger: Absolutely. And then over time, if you've followed the stock market for decades, small-cap companies do tend to outperform larger companies over time.
Gardner: Especially when we find rule breakers , the ones that start out breaking the rules from a disruptive, small position, like, let's say Amazon.com , and then in time go from rule breaker to rule maker . So, knowing your market caps is really helpful. It gives you a sense of sizing. It's the way that venture capitalists often think. They don't have a public stock market quoting their stock every day, but they're thinking in terms of how much this thing is worth and then what it could grow to 10 years hence. A 20-bagger. A 100-bagger. So, market-cap thinking gets you thinking in terms of how that stock might perform and what the total possibility might be for a company.
Argersinger: That's very well put. And it gives you an evaluation measure if you want to compare the market cap versus, say, the sales of a company or the earnings of a company. Again, another way to compare companies across different industries or different sectors. It makes it easy.
Gardner: Exactly. And I'll say ahead of time -- hint, hint -- two of these companies actually have an identical market cap, and what's fun about that is these companies are quite different, and I love noticing that the market is valuing them equally, even though they're radically different in terms of who and what they are. It really is a simple, but great numerical tool and highly worthy of a game. A very entertaining and educational game. Our goal at The Motley Fool is to educate, to amuse, and to enrich. We're going to hope to do all three this week.
All right. Matt Argersinger, company No. 1. The ticker symbol is (DDD) and this company is 3D Systems (NYSE: DDD) , the additive manufacturer. The 3-D printing company. Now, Matt, I wanted to lead off with this one because you brought back a story to Fool HQ some years ago, and I didn't quite pay enough attention and it's been very costly for me to do so. Matt, could you give that up close and personal that you had with 3D Systems?
Argersinger: Well, it was several years ago. We went to the Consumer Electronics Show, a few other analysts from the Fool and I. I want to say this was 2014, if my memory is correct, and there was nothing hotter in the market right then than 3-D printing. Of course, 3D Systems was the leader in the market.
Gardner: A monster-winning stock for us at the time.
Argersinger: Oh, it was huge. I just remember that we went into one particular demonstration hall at CES. I want to say that 3-D printing companies -- there were dozens of them -- took up probably half the room, which is thousands of square feet. It was just so impressive and a little overwhelming, and I got the sense that maybe this is marking a little bit of a peak...
Gardner: A little overblown.
Argersinger: ...in 3-D printing. And it turns out I should have paid a little more attention myself, as well, because it was around that time that I think 3D Systems and a few of the others hit their peaks in terms of market valuation.
Gardner: Did you have a chance to shake hands or meet the CEO?
Argersinger: We tried. That's a funny story, too. Mac Greer, one of our producers, here, at The Fool, tried his darnedest to get us an interview with the CEO of 3D Systems and we just got rebuffed at every point. That was just another indication that if they don't want to talk to The Motley Fool...
Gardner: Maybe they're a little bit too big and successful to sit down and talk...
Argersinger: Maybe they're just a little too proud of themselves.
Gardner: ...with Matt Argersinger. So, Matt, I know when I lead off with 3D Systems, there's a little edge, there, in you that I like, and I want to show off to our listeners. Matt, what is the market cap, within 20% either way today, of 3D Systems?
Argersinger: Oh, my gosh. I'll say this. It's a lot smaller than it used to be. I'm going to say it's still probably around $2 billion in market cap? Buzz! Oh! Not starting off on a good note.
Gardner: Well, you're not far off. You're not far off, but this is a numerical game. We've got to stick with the numbers, here, and the market cap of 3D Systems today is $1.4 billion, so players at home, if you were anywhere within $1.1 billion to $1.7 billion, you were within that 20% band either way, and give yourself a +1. Matt, unfortunately, we're going to have to keep you at zero to start this game which is rare for you.
Because we've played this game -- this is our third time now -- and the last two times you got 6 out of 10 both times, and six out of 10 is a remarkably good score. We've said par is 4. Now, in some ways par doesn't work that well, because par you want to be below it, but you're above it and that's good. Getting 6 is remarkable. Maybe we should change the concept and drop par.
Argersinger: No, no. Well, I don't know. I mean, we could use hurdle or something like that because I'm trying to get over it, but I like par because I golf like you.
Gardner: All right, good. We'll stick with that. And definitely warm up your Twitter hashtags, here, fellow breakers , because if you beat Matt this week, #IBeatMatt will be the one you want to use. If you lose to Matt, #ILosttoMatt. Now, in my experience, people are less willing to put that hashtag out there.
It's all in good fun, but, I mean, this is a great game to learn from and Matt, I think you may have just learned something there. I learned a lot about 3D Systems, myself, which is that it wasn't going to be a very good stock for us. It still remains an active recommendation today, but first recommended in January of 2012 at $12.27. It was up to $19. Five months later I recommended it again. Those positions, with the stock at $12 today are flat to down, but the market is up more than 100% from both positions, so we have gotten drilled by holding and advocating for (DDD) by about 300 points of alpha which hurts.
Argersinger: At one point, when you lose to it, though, I feel like 3D Systems was maybe a 7-bagger or 8-bagger.
Gardner: You're right. It's gone from about a 600% return, or something like that, down to about zero. That's not the first time it's happened, and it won't be the last, probably. I do continue to hold it, because I like this business. It is a relevant company but, as you said, a lot smaller. Even smaller than you thought as of this week.
Okay, company No. 2. Matt, have you been looking at clustered regularly interspaced short palindromic repeats recently?
Argersinger: I can't say that I have, David.
Gardner: All right, good. I definitely had to check Wikipedia for the words behind the acronym CRISPR, which is a really important oncoming technology. [It] gives us the ability, potentially, to edit your genes or mine. Get rid of the bad stuff. Put in some good stuff. Change humanity in some ways that I think humanity can be improved, but also has a lot of ethical questions, as well. It's a fascinating time and Editas Medicine (NASDAQ: EDIT) , which is a recent pick in Motley FoolRule Breakers , is one of the leaders in this emergent space.
The ticker symbol for Editas Medicine is, appropriately enough, (EDIT). Matt, have you looked into this company? Is this part of the Odyssey 1 portfolio?
Argersinger: It is not part of Odyssey 1 yet, but Aaron Bush, who's on our team, has pitched it at least once, and so we've had a conversation as a team around it. I've heard of CRISPR, and that's familiar to me, but not the actual words behind it.
Gardner: Yes, let's go with that again. Clustered regularly interspaced short palindromic repeats. You know what a palindrome, is, right? It's a word that reads the same front or back. I've always felt like the word, itself, should be a palindrome. It's disappointing to me that palindrome is, itself, not a palindrome.
So, Editas Medicine has been a raging winner for Rule Breakers . We first picked it on September 27 of last year, so here we are about six months later. It's gone from $19.93 where we picked it at $19 to $41, so it's up more than a double in six months for Rule Breakers members. I took a shine to it, again, in December. Three months later it had gone from $20 to $25. Picked it again. That position is up 66%. This company has been on fire. Matt Argersinger and all my fellow Fools playing at home, what is the market cap of Editas Medicine?
Argersinger: I'm trying to remember Aaron's pitch, and I feel it's... Common sense... I'm going to say about $12 billion. Buzz!
Gardner: That is your biggest miss in the history of the Market Cap Game Show...
Argersinger: Oh, no! I am swinging and missing.
Gardner: ...but the few times that you get something dramatically wrong -- and it almost never happens -- it needs to happen to make this show fun. I always say this. Maybe you should listen to Aaron.
Argersinger: Clearly, I'm not listening closely enough.
Gardner: ...because you think that it's a worth a lot more than it actually is, so if you're willing to accept... And I'm not just saying this to you. I'm saying this to all of us. If you hear of a market cap that is well below where you thought something was, that sounds to me like further cause for research. Matt, the market cap of Editas Medicine is $1.8 billion.
Argersinger: Oh, my goodness.
Gardner: So, playing at home, fellow Fools. If you were anywhere from $1.4 billion to $2.2 billion, give yourself a +1. And if you are, you're beating Matt, because shockingly he's been shut out in the first two innings.
Argersinger: Crushed!
Gardner: So, remember, par is 4 for Matt and everybody playing at home. Matt, you've got some catching up to do.
Argersinger: Still have a shot.
Gardner: I've got some easier ones coming up. It's tough to throw Editas Medicine and break down that acronym for you and all our fellow rule breakers . Okay, company No. 3.
Speaking of dramatic misses, Matt, looking back over the last show, which I relistened to in preparation for this one, you missed this one by more than anything else, and I'm thinking you're probably going to get it because you're somebody who learns from his mistakes. You were about 2x off of this one the last time we talked. That's why I had to bring it back out and see if you're learning as we go. This is totally unfair. I've always pointed out I would never play this game in your seat. I much prefer being Alex Trebek for this game, so thanks for being the guinea pig.
FedEx . The ticker symbol is (FDX). It is your biggest whiff until Editas on this show. Matt Argersinger, what is the market cap of FedEx?
Argersinger: I think I remember that you said I was off by 2x, so I think I went way over on FedEx. I thought it was a lot bigger than it is. Sixty billion. Ding!
Gardner: Great job!
Argersinger: All right! Because I think I said $120 billion or $130 billion or something.
Gardner: You're right. In fact, FedEx is today at $67 billion. This is a stock we first recommended in Motley FoolStock Advisor in January of 2003, so that's 15+ years. It was at $52.71 then. Today it's at $249.96.
Basically, it's gone from $50 to $250, so that's a 374% return, which sounds great, but the market is actually up something like 307 points in that time, so it's really only ahead of the market about 67 points. I did rerecommend it three years later. We're slightly losing on that position. Overall, it's been a winner, certainly. People are happy to own FedEx and I like the company a lot going forward.
Now, for all of those playing at home, if you were anywhere at the low end of $54 billion up to $80 billion, give yourself a +1 and Matt gets a +1, as well.
Argersinger: On the board. Okay.
Gardner: Ka-ching! Well, let's use that momentum to power forward into stock No. 4. Now remember, my fellow Fools, we are going alphabetically by ticker, so we're about to proceed from the letter F to the letter G and another one of those horrendous dog picks that I have made in Motley FoolRule Breakers . I don't like to have to share that, but as a Fool, I am compelled to share both my losers and my winners as are all of us. Anytime you encounter a Motley Fool advisor, or investment researcher, you should fully expect him or her to be just as willing to talk about our losers as our winners, and both of those types are on display this week.
OK, Matt. The ticker symbol is (GPRO). The company is GoPro (NASDAQ: GPRO) , which looked like a rule breaker when I picked it in October of 2014 at $80. I'll say in a little bit -- maybe you know where it is trading today, but that might start giving you too much information before you have to make your guess. It might be fair to say this company looks more like a faker breaker than a rule breaker . Matt, have you been a customer of GoPro?
Argersinger: I've never been a customer. I am a shareholder, though, and it's one of those ones where it's in the brokerage account. I gloss over it as fast as I can.
Gardner: And it gets easier to gloss over when the numbers get quite small.
Argersinger: That's right.
Gardner: Now Matt, one thing I know about you is that you've climbed some remarkable peaks in this world, and I would have thought maybe you had a drone flying above you to capture you in slo-mo and do a 360 Lord of the Rings sweep around you as you climb up...
Argersinger: Kilimanjaro.
Gardner: Kilimanjaro, for example.
Argersinger: No. I've taken a video camera on some of our expeditions, but I've never made the leap to a GoPro, let alone the drones. I've always used the old school -- even the handheld video camera -- which I don't think they even make anymore.
Gardner: I saw a great shot of you wearing a jester cap in full Fool regalia on top of maybe it was Kilimanjaro. It might have been a selfie. So, in the future you could help out our company, here, by maybe getting the GoPro 5 or whatever is the latest model and being a little bit more self-indulgent and vain...
Argersinger: Totally. I totally agree.
Gardner: ...in slo-mo from a panning shot 100 feet above you. So, speaking of peaks, GoPro was probably at or near its all-time high when I picked it then. It's much lower today. Matt Argersinger, and all my fellow Fools, what is the market cap, today, of GoPro?
Argersinger: I'm going to guess... I mean, it's just below $1 billion. I'm going to say $900 million. Ding!
Gardner: Killed it!
Argersinger: All right!
Gardner: It's almost like you own the stock. The market cap of GoPro, as we tape this on Tuesday afternoon, March 13... Well, the stock had dropped from $80 to $5.64 and that checks in at a market cap of $824 million. So, Fools playing at home, if you're anywhere at a low of $660 million to a high of let's call it $970 million. You can't give it to yourself if you said $1 billion. If you're just below $1 billion then do give yourself a +1.
Matt, it has been a rocky ride. In fact, that is a stock that I picked that has led to a 93% drop from the price we paid for it back in October of 2014. Ouch!
Argersinger: Tough! Can't win them all. I still believe in the company and I believe in the CEO and the founder. I think it was the competition and not being able to transition from that hardware-focused business to a real software-focused business which was the intent. It's been a tough road.
Gardner: That's right. Part of our thesis had been -- and we've had to change it -- that the company in addition to being a hardware company was going to become a network -- basically like a television network -- with advertising and all the platform benefits that you get from creating something. With all the GoPro videos that people were pinning up on YouTube, etc. that GoPro had an opportunity to be its own media brand.
Argersinger: Right.
Gardner: And it turns out it hasn't really achieved that. Meanwhile, Nick Woodman, the CEO. I was watching him on... Was it Shark Tank or reality TV?
Argersinger: He was on Shark Tank. You're right.
Gardner: I was like, "Shouldn't he be our CEO and be doing the work of the business for the shareholders and not on somebody else's reality TV show?" But take it as it is. We've kept that recommendation all the way in, so we've gone from $80 down to $5. It hurts, but it hurts a lot less if you don't add to things on the way down, and that's something that we're pretty good at avoiding, here, as Rule Breakers .
We're just about near halftime, but we've got to fit in stock No. 5. Matt, now one thing I remember about you. We haven't talked about this in a long time, but I believe that you and I have both acted on the same stage in Alexandria, Virginia.
Argersinger: At the Little Theatre of Alexandria. That's right.
Gardner: So, I took a role, back in the day, as a younger fool myself. Literally my role was the Young Fool. It was in the musical Big River , and I was singing the Arkansas song and having fun as one of the boys in Huck Finn's band. That was my Little Theatre experience. Now Matt, what was your Little Theatre experience?
Argersinger: I've actually done several shows, there, but the most memorable one was I was in Biloxi Blues and that's how I met my wife. Gosh, that was 12 years ago, now.
Gardner: And that's remarkable. So, it's our community theater, here, in lovely Old Town, Alexandria. The Little Theatre of Alexandria. You and I share that bond, even though we didn't know each other, at all, and we weren't in the same productions. But I'm thinking about theaters, Matt, so as we hit the letter I, I'm thinking about IMAX (NYSE: IMAX) .
IMAX is a company that fills a lot more seats on a daily or annual basis than the Little Theatre of Alexandria, but it's been an interesting company. I've recommended it, now, three times -- in 2005, 2010, and 2015. You might see a little mathematical pattern, there. It was looking like a raging winner as of a few years ago, but IMAX hasn't been great in recent years. Matt, what is the market cap of IMAX?
Argersinger: This one I should know because we own it in our Odyssey 1 mission in Supernova . I know it's struggled a little bit lately. I'm going to say it's probably around $3 billion nowadays. Buzz!
Gardner: It's been a tougher time for this company and for Matt Argersinger than you would have thought. Actually, IMAX is at what we'll call $1.3 billion today.
Argersinger: Wow! It has been much tougher than I thought.
Gardner: Yes, it's about half of what you thought. And frankly, it's about half down from where it was the summer of 2015. It was around $40 at that point. Today the stock tips the scales at about $20.60. Just over $20. So, the pick that I made in August of 2005 at $10 and then adding five years later at $13. Those felt really good. They're still in the black, but when I added it at $32 in the summer of 2015, that wasn't a good call. Again, now the stock is just below $21.
Give yourself a +1 at home if you were anywhere from $1 billion at the low end to $1.6 billion on the high end. Now, IMAX has got to have sold a lot of Black Panther tickets, here, in the last month.
Argersinger: It has to be. It has to be a huge hit.
Gardner: So, it is a portfolio holding for Odyssey 1 , Matt. Do you have any perspective that you want to share other than you thought it was worth twice as much than it actually is?
Argersinger: I kind of held onto the peak market cap. Well, I think with IMAX we thought, going in, that theater going was going to be declining, but if people were going to go to the theater, they were probably going to go to IMAX and see big superhero movies like Black Panther or The Avengers movies. So, knowing that I thought IMAX can still be a good investment because I think that's still a growth market. And, by the way, it's expanding in Europe, China, and elsewhere, but it's been just a very rocky road. They depend on one or two big movies a season, and if those movies disappoint in any way or if the tickets fall off, it can cause the stock to feel some pain.
Gardner: It's a company that in a lot of ways has the makings of a classic Rule Breaker . It's a brand that everybody knows. One of my tests I often ask I call my Pepsi Test. When a company is the Coca-Cola in its industry, if you can't find a Pepsi, that's usually a pretty good sign. I think everybody knows IMAX. I can't think of really... Maybe real 3-D or something...
Argersinger: Right. It's not a good brand.
Gardner: There's really nothing -- no, not at all -- and so those really look good. And frankly the stock looked really good for about the 10 years that we've held it, but the last couple has been cut in half. The only real question going forward is what the future of IMAX is. How's it going to do? Obviously, we keep our recommendations in Rule Breakers . You still have the stock in Odyssey 1 . Our money is where our mouth is, but we'll see. A lot of growth in China. But yes, they are kind of beholden to hits showing up and to people still wanting to go to the movie theater instead of the home theater or their big 4K set at home. [Music plays in background]
__
Gardner: Alright, Matt, company No. 6. Matt, what is the first musical concert of any kind -- but a real concert -- that you attended as a younger Argersinger?
Argersinger: In high school I went to see Tracy Chapman who I absolutely love. She's just great. She should be classified these days as "folk rock," maybe? I don't even know.
Gardner: Let's go with that -- the few songs that I've heard from her. I'm not as much a follower, I figured she's outstanding. Do you remember what you paid for that ticket? Did you pay for a ticket?
Argersinger: Oh, gosh. It's funny. I was in Germany at the time, and by the way, this is pre-euro. I want to say it was 30 deutsche marks. I don't even know what that was worth at the time.
Gardner: Amazing. What was the venue? Do you remember?
Argersinger: It was a concert venue right in Munich because I lived about an hour south of Munich.
Gardner: That's great. You paid 30 deutsche marks to see Tracy Chapman...
Argersinger: In Germany.
Gardner: In Munich. That's tremendous. My first concert was Phil Collins. He came to Chapel Hill and I went to the Dean Dome, the basketball stadium where the North Carolina Tar Heels play, and Phil Collins was there.
The reason I'm asking this is because Live Nation (NYSE: LYV) is a wonderful Rule Breaking company. The ticker symbol is (LYV). I first picked it in March of 2017 at $29. Four months later it had gone to $36 and a fraction, so I picked it again. Today it's at $45, so I'm really happy that we picked and added to this winner. And the reason that we love Live Nation in Motley FoolRule Breakers is because music has changed. There are not many CD sales anymore. Not as many people buying stuff on their iPod.
So, talented performers like Tracy Chapman do, in fact, these days do a lot of live music, and that's the way they make a lot of money. And what's great about Live Nation is that the company owns a lot of the venues where these performers perform. They also contract with the performers --make some money there -- and, as you probably know, Matt, they own Ticketmaster...
Argersinger: Huge...
Gardner: ...so they're even selling us the tickets to go to the venues that they own to see the musical artists that they've contracted with. This is a really great model and a company that we think has low risk and lots of upside going forward. Matt Argersinger, what is the market cap of Live Nation?
Argersinger: I should get this because I looked at the company recently. I'm going to say $9 billion. Ding!
Gardner: Wow! You nailed that. All right.
Argersinger: I thought I might.
Gardner: $9.4 billion, as of this afternoon, anyway. Playing at home, if you were anywhere from $7.5 billion up to $11.3 billion, you're within that 20% band either way and give yourself a +1. Now, Matt, if I'm keeping score right, that was company No. 6 and I think you just got your third.
Argersinger: Right, so I'm 50%. I should be doing better than that.
Gardner: You started cold. The first half wasn't your half, but it sounds like you had a great halftime pep talk.
Argersinger: I'm focused on number four. If I can get to four or above, I'm going to be happy.
Gardner: That's it! Par, baby! That's Live Nation. Let's move to company No. 7. And I'm all ready to go to company No. 7, but our producer Rick Engdahl is breaking into this podcast. Rick, what do you have for us?
Rick Engdahl: Breaking news. From 2015, which is the last time Tracy Chapman updated her page, she does not seem to have any immediate plans for touring I'm afraid to say.
Gardner: Oh, my! She has not updated three years later?
Argersinger: I hope she's still alive. I mean, I hear her all the time and I still have CDs of hers.
Gardner: Well, every great musician lives forever, thanks to the world in which we live. In which we can just hear them anytime at our beck and call. [This] is really one of the most remarkable changes from a century ago if you think about it. The ability for us just to constantly be hearing and relistening to music versus having to find a concert hall if anybody was even playing that night. If you were near a city and getting to hear anybody play an instrument, [it] must have been a magical feeling a century plus ago. Wow, we kind of take it for granted these days. Tracy Chapman? She still sounds just as great, here, in 2018, even if she's not performed for about three years.
Argersinger: That's right.
Engdahl: Still alive. Still alive.
Gardner: I mean, we would have expected that. That would make me feel really old. Thank you, Rick. Back to company No. 7. Now this one is very well-known. It's probably the most widely held stock by Motley FoolStock Advisor members, although perhaps Apple is there. And part of the reason that it's so widely held is because it's performed so well. It's been recommended numerous times as a Best Buy Now. The ticker symbol is (NFLX). The company is, of course, Netflix (NASDAQ: NFLX) .
Matt, the reason I wanted to include Netflix -- I see you already smiling, so maybe you were ready for this one. I mean, I realize you can kind of game the system. Figure out, "What is Dave going to ask me? Is he going to talk about his biggest winner of all?" You might know your market cap -- and this game is for you, Matt -- but really, as you and I know, this game is for all our listeners, so I'm really curious. You at home, playing along here, are you going to get within 20% of what Netflix is worth today?
Now, part of what I want to introduce is this amazing statistic. That in the last three months Netflix stock is up 73% -- in the last 90 days. Now, I realize this might be a market top for Netflix. We might look back and go, "Wow, they highlighted it right at the top." Who knows? People were probably thinking that two or three or five years ago, but Netflix has just been a tremendous company.
First picked in 2004 in Stock Advisor . Our cost was $2.33. The stock, today, is $316, so it's been a good investment from there. Two months later, in December of 2004, it had dropped, so I picked it, again, at $1.85 and then twice in 2006. My brother Tom found it, discovered it, and it added to his side in Stock Advisor in 2007 at $2.82. Nice pick, Tom.
In 2013 we rerecommended it. It was up to $31 at that point. But now, yup, it's at $316 a share. So, we have made tens of thousands of percentage points in the company. Our very best pick, again. $1.85 in December 2004 is up 16,890%. That's about a 170-bagger for Motley FoolStock Advisor members who believed and have stuck with it, even through the Qwikster debacle and all the rest. Matt Argersinger and all my fellow Fools, everywhere, what is the market cap today of Netflix?
Argersinger: Shame if I don't get this, because it also happens to be our biggest position size in Odyssey 1 in Supernova . $130 billion market cap. Ding!
Gardner: Outstanding guess. I'm not surprised you were within the band needed. It is at $137 billion today, so give yourself a +1 if you were anywhere from $110 billion on the low end to $164 billion on the high end. I don't think any of us could have possibly expected the kind of performance that we've seen, not just in the last three months, but in the last 14 years.
Argersinger: Oh, no. It's been remarkable. And I can understand why. You have Reed Hastings, a founder, CEO, and a relentless leader who is just singularly focused on providing great entertainment as easily as possible. That sounds so simple, yet they've done it so effectively. We might be calling a peak here. I don't think so. I just think there's just so much more growth ahead of them, especially outside the U.S., as we've seen already.
Gardner: And Matt, in Odyssey 1 you made this a pick in the first year of the service. It has been a spiffy-popper for you. Have you pared it back? What rough portion does it occupy of that real-money portfolio that you manage today?
Argersinger: We've never sold. We bought it in 2012, which was the first year of Supernova and I want to say... It's probably bigger, now. I haven't looked at it in a while, but I think at least a 14-15% position in the portfolio.
Gardner: And since I'm looking at a computer -- you can't, because otherwise you'd be cheating at the game and you are an honest lad, throughout -- it is a 17% position in the portfolio. Is there an unlimited percentage that you would allow this to occupy of your portfolio? Does the team discuss the dynamics of how to handle a huge winner like this?
Argersinger: No, we haven't. I think we've always decided that as long as we still believe in the company, we're going to let those winners run. It might get to a situation where we might be uncomfortable adding to it, just if it gets to, say, 20% of the portfolio, but I don't see us paring back anytime soon.
Gardner: All right. We've got three more companies left. Matt, you're at four right now, so let's see what you think of our next one. No. 8. Now the company's name begins with D, but the ticker symbol -- we're going alphabetically, here -- starts with a P. Dave & Buster's (NASDAQ: PLAY) . And the ticker symbol for Dave & Buster's, the restaurant-entertainment venue, is (PLAY).
We've had some fun ticker symbols this episode. Editas is (EDIT). Live Nation (LYV). Sure, that works for me. And certainly (PLAY) for Dave & Buster's. Now, Matt, have you ever been to a Dave & Buster's?
Argersinger: I have.
Gardner: Can you briefly describe the experience for those who've neither heard of nor been to this chain?
Argersinger: Many listeners might have taken their kids to, say, Chuck E. Cheese's, which combines pizza and games, but it's mostly for kids. I feel like Dave & Buster's is the adult version of Chuck E. Cheese's. You go in. It's usually huge. You have arcade games, but there's also live music and other things you can do. And the food is really good. It's just the kind of place to hang out and have a good time. And it's good for kids, too. It's really a family oriented place.
Gardner: Matt, have you been more than once?
Argersinger: I feel like I've been at least three times.
Gardner: Is there a particular game that you would go back to?
Argersinger: Now it's an old game. One game I still like to play when I go to Dave & Buster's is Guitar Hero , because you load up your favorite song. You just to out there and you feel like you're rocking out. I know Guitar Hero is like 10 years old, now, but I still have a good time playing that, and Dave & Buster's is one of those places you can play games like that.
Gardner: What about growing up as a little Argersinger? Was there a particular arcade game that caught your fancy or that you were remarkably good at? Maybe Atari or something. Throw me a bone, here.
Argersinger: When I was growing up it was games like Street Fighter. Games like that were kind of the games I played. The Kung Fu type games.
Gardner: Right. The 2-D fighters where you're banging...
Argersinger:Double Dragon.
Gardner: Matt, before we go to the market cap for Dave & Buster's, the whole company had a lot of fun in the last couple of weeks because we had our Foolympics event. When I think of play, I can't not mention the tremendous job done by three of our leaders, internally, of our culture to put our company through a variety of events. We all divided up, 320 employees, into 12-Fool teams and we were subjected to all kinds... Could you just give a range of a few different events that we participated in, in Foolympics?
Argersinger: Anything from pull-ups, to speed typing, to listening to music and guessing songs. It's a whole range. It's a lot of fun.
Gardner: Cornhole -- I got a gold medal. You played, right?
Argersinger: I didn't. I failed through medals in any event. I'm terrible.
Gardner: But you're actually very talented. What was the name of your team? We all named our teams.
Argersinger: Oh, my gosh. It was Winners Stand.
Gardner: Winners Stand.
Argersinger: The Olympic Athletes from Winners Stand. We were doing a play on the Russian athletes. The Olympic athletes from Russia.
Gardner: I was part of the Republic of Swaney. I don't know if you remember Elizabeth Swaney, but she's the one who competed for Hungary even though she's an American and went to Harvard. She competed in the halfpipe and she had no skills whatsoever, so much was made of her journey down the halfpipe as an Olympic athlete who couldn't really do any moves, but it's kind of a great story about somebody who figured out how to go through all the compulsory events -- and there are a quite a lot -- to qualify for the Olympics, and had her Olympic dreams, so we were the Republic of Swaney.
My gold medal was in the spelling bee! I am the best speller at Fool HQ, and that is something that I find deeply gratifying. Probably as gratifying or more as my selection of GoPro for Motley FoolRule Breakers . All right. Matt Argersinger, Dave & Buster's. What is the market cap?
Argersinger: I've got the number $5 billion ringing in my head for Dave & Buster's. Buzz!
Gardner: That's a bad jingle. That's a bad sound in your head. You have overrated the importance and value of play in our society, pun intended, I guess, because the market cap for Dave & Buster's is $1.8 billion.
Argersinger: Oh, my goodness! So much smaller than I thought. So much smaller.
Gardner: And probably me, too. $1.8 billion. So, playing at home, if you were anywhere from $1.4 billion to $2.2 billion, go ahead and give yourself a +1. Matt, for now, is stuck at four. At the top of the podcast this week, I mentioned that there were two companies that had an identical market cap but couldn't be more different from each other, and the two companies are Editas Medicine and Dave & Buster's.
Argersinger: Two that I totally whipped on.
Gardner: Well, fair, but really what I love is that they have the same market cap and yet they're so wildly different in terms of what they do and at what stage the companies are. That's part of what I love. When you learn the lingua franca of market caps, you start to see things a little bit smarter, and it's a really interesting view you get.
In fact, I think a lot of people, Matt -- I know you're going to agree with me on this one -- think that the size of companies comes down to the price per share of the stocks. They'll say, "Don't give me a stock that costs $438 a share. I like the ones that are $4.38 a share." People confused about the sizing of things based on the price per share of the stock and not the market cap.
Argersinger: Right. It's really confounding to a lot of people, especially beginning investors who are just learning to buy their first stock. And unfortunately, as we know, buying stocks usually with single-digit stock prices is usually not a game you want to play.
Gardner: And thinking back just to our previous stock, Netflix, where we said we paid $1.85, that sounds like we were buying a penny stock but, of course, that's all split adjusted. It's split a number of times. Netflix was never down at $2 a share. It's just that after some splits of the stock, that is the actual cost that we have. That sometimes confounds people, too. They think that you have to find a Netflix at $2 a share, and it never actually works that way.
I should mention we picked Dave & Buster's at $36.70 in June of 2015. It's up to $45 today. That's been a nice 25% gain, but behind the market. The S&P 500 has outperformed Dave & Buster's by about 16%, so I'm looking for a little bit more play from (PLAY) going forward, but we like the company.
The last two stocks. Matt Argersinger, this is another company with a corporate name much earlier in the alphabet but a late-sounding ticker symbol that starts with the letter S. And this is a pick that you made on behalf of me and my team in Stock Advisor some years ago. It's a company I know is near and dear to your heart, I'm assuming. The company is Boston Beer (NYSE: SAM) . I think a lot of us know it through Sam Adams, but it has a lot of craft beers these days. It has its own beer ecosystem, but it's also a very competitive beer world.
Argersinger: Right. Too competitive, in a lot of ways.
Gardner: The ticker symbol is (SAM). Matt, one of the reasons I would not have been able to pick this without your help is that I'm not as much a beer drinker. I don't know that world, as much. You're definitely more that I am, but you don't appear to have a beer belly, so you're taking good care of yourself. What is your thought, right now, about microbrew and the revolution, and where Boston Beer plays these days?
Argersinger: Boston Beer (SAM), which is the Samuel Adams brand were the leader of this revolution in craft beer consumption that happened starting 10, 12, or maybe 15 years ago, now. There's just been this rush of all these microbrewers and small craft breweries coming to market and flooding the market with new options. It's great if you're a beer consumer and a customer and you like to try new beers. It's just been tough for somebody a company like Boston Beer, which had such a big market share in the space and has seen that market share eroded a little bit. It's all these new competitors that come to market.
But they're holding their own, and they're one of the few companies that has nationwide distribution in terms of craft beer. Still a fighting competitor.
Gardner: We first picked this stock, together, in 2010. It was May. It was about $59. Today it's at $182, so it's been a fine investment. Up 211%. The only bad news is the market is up 200%, so it has beaten the market, but not by much. Now, I don't think anybody's going to sneeze at tripling our money over eight years, which is what your pick has helped Stock Advisor members do with Boston Beer. Matt, what is the market cap? I see it is in the Odyssey 1 portfolio -- no pressure -- but I feel like you really should know this one.
Argersinger: I should. I should know this one.
Gardner: I think you do know this one, but Matt, what is the market cap?
Argersinger: I've been going high too much, lately. I'm going to say $2.5 billion. Ding!
Gardner: Let's give you a checkmark for that one. You were on the very precipice of too high, but you reeled it in, because the actual market cap of Boston Beer is $2.1 billion, so give yourself a +1 if you were anywhere from $1.7 billion to $2.5 billion. Do you want to say anything more about Boston Beer or should we go to our last stock?
Argersinger: It's a company still near and dear to me. I've owned it since college and I plan to keep owning it for as long as I'm alive, probably.
Gardner: All right. We're near the end of our game show. It's time for our final stock. Now Matt, if my math is right you've gotten five. Five out of nine. Now your two previous appearances on the Market Cap Game Show you got six, so let's see if you can do it one more time.
Matt, this is a company that I know you know because you have an account on this platform. It starts with a T and it's one that we know a lot because we talk about it on this podcast and it's Twitter (NYSE: TWTR ) . The ticker symbol for Twitter is (TWTR). Now Matt, if I wanted to follow you on Twitter, what do I follow?
Argersinger: Mine's tough, unfortunately, but it's @MArgersinger.
Gardner: So, it's M, A-r-g-e-r-s-i-n-g-e-r.
Argersinger: You've got it.
Gardner: I'm the spelling bee champion. Of course, I've got it.
Argersinger: You know that.
Gardner: Is it just that?
Argersinger: @MArgersinger. You've got it. That's all you need to do.
Gardner: Matt, I do follow you on Twitter. I'm not sure you're highly active, nor am I, really.
Argersinger: I'm more of a follower than I am a tweeter.
Gardner: If I do follow you, what could I expect in the next couple of months? What would you be doing for me if I were to follow you on Twitter?
Argersinger: Well, I'd probably be tweeting about Tracy Chapman and her return to the tour... No, no. I don't know. To me, it's the most random stuff. I'm a Boston sports fan, so the Red Sox are in spring training. The season is about to start, so I might tweet some things. Or retweet the Boston Red Sox. That might not be exciting to most listeners, but if I read something in the news that I find interesting and I want to share it, I'll write something about that and tweet it.
Gardner: That's the way a lot of us use Twitter. You don't have to tweet that you just ate this or that at this restaurant. Or anything like that. A lot of it is just helping people find links to cool stuff, and that's a big purpose of Twitter. By the way, do you have it in SupernovaOdyssey 1 ?
Argersinger: We do. I think we've bought it a few times. I wish we'd bought it a little more recently, because it's been on quite a run. I know Tim Beyers, who's on our Odyssey 1 team, is a big fan of Twitter, as well.
Gardner: Excellent. I'm glad to know that. Now, it first came to our attention in Rule Breakers in December of 2013. The stock was at $55 and a fraction. Today it's $34, so that's the bad news. We've been invested from that original point for more than four years and it's gone from $55 to $34. However, good news. I did take a shine to it, again, thinking, "How can this thing be so beaten down in January of 2017?" So just over a year now. It was at $16.73, so it's more than doubled, from last January. You put it all together and the alpha not quite even between those two positions, but I think we're going to catch up. We're going to see. Matt Argersinger and all of my fellow Fools, what is the market cap of Twitter?
Argersinger: I want to say it's right around $25 billion. Ding!
Gardner: And it is exactly $25 billion and that's the way this show should end. Matt, you did six out of 10 again, and on your final one you nailed it! You landed that triple axel with a half flip.
Argersinger: Nice! Right! A toe loop at the end. A double toe loop right after.
Gardner: The double toe loop. I'm assuming that you, as do I, believe that Twitter will be worth more in the future, and is a good stock to hold.
Argersinger: I think so. The influence of Twitter seems to always belie the business and the market cap. Facebook is larger by so many factors, but for some reason I feel like the influence of Twitter has the potential to be so much larger. I feel like some day it might.
Gardner: Yes. Twitter, for me, is one of those companies that passes what I've often called in the past my "snap test." If you snapped your fingers and that company disappeared overnight, the next morning would anyone notice? Would anyone care? And to me, if Twitter disappeared, everything from lots of celebrities and athletes (right through to little you and little me looking for good content and sharing it out) would all desperately miss Twitter. I think the world would be really disoriented that next morning. I feel like Twitter is a really good candidate for passing the snap test.
It also has a pretty good balance sheet, which is why I was willing, after it dropped from $55 down to $16 -- I'd held it for three years -- I did something I usually don't, which is add to a loser. And usually if you see a strong balance sheet and you see a big snap test pass, those are the few times, the exceptional cases, where I consider stepping up and going, "Let's add to it even though it's down." So far, it's worked out pretty well. The positions about even out, so it's all about what happens next and it's going to be really interesting.
Speaking of what happens next Matt, I'll hope you'll join me in a quarter, or so, and let's play the Market Cap Game Show again.
Argersinger: I'd love to. Absolutely. I always look forward to it.
Gardner: Good. Thank you. There was a little bit of This is Your Life Matt Argersinger this time through, from the Little Theatre of Alexandria right through to your pathetic holding of GoPro that you're still desperately holding onto and so are the rest of us. Thank you, Matt, for your good nature, your good sportsmanship, and your talent! (Music plays in background)
Argersinger: Thank you, David!
Gardner: So, if you scored 6 or higher, because after all, if you tied Matt, I think you beat Matt. So, if you were 6 or higher, definitely #IBeatMatt. If you came in under, #ILosttoMatt, and just keep studying up and get better, because the more that we learn about the various market caps out there in the marketplace -- within a given industry or a cross-industry like Editas Medicine and Dave & Buster's -- I think the better you're going to be thinking as an investor. Somebody, again, who acts, by definition, for the long term.
I hope you had at least half as much fun as Matt and I did this week. Next week I'm going to be welcoming in the author of one of my favorite business books. Yes, one of those external interviews, although in this case you won't hear a studio audience or a bad echo or anything because Les McKeown will be joining me right here in studio at Fool HQ in Alexandria, Virginia which by the way... Did you see this, Matt?
On behalf of the Alexandria Chamber of Commerce, I think we need to point out that Money magazine earlier this month put Alexandria as the No. 1 U.S. travel destination when you're factoring in quality, cost, and value coming together to provide a terrific travel experience.
Now, the good news for Les McKeown, my visiting author who wrote the book Predictable Success , which is recommended reading for anybody who wants to read ahead of next week... The good news for Les McKeown is like you and me, he lives in the Greater D.C. area, so he can enjoy Alexandria. But yes, the magazine cited Alexandria's historic charm and proximity to Washington, D.C. So, exciting. On behalf of the Alexandria Chamber of Commerce, which could have been our ad, this week, and probably should be next week to do it here in our studios.
But yes, Les McKeown, the author of the book, Predictable Success . It's going to be a delight to check in with him and feature him for the first time on Rule Breaker Investing .
In the meantime, Matt, Rick, and all my fellow Fools, have a great week. Fool on!
As always, people on this program may have interest in the stocks 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. Learn more about Rule Breaker Investing at RBI.Fool.com.
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. David Gardner owns shares of 3D Systems, Amazon, Apple, Editas Medicine, and Netflix. Matthew Argersinger owns shares of Amazon, Apple, Boston Beer, GoPro, Netflix, and Twitter and has the following options: long January 2019 $15 calls on Twitter. The Motley Fool owns shares of and recommends Amazon, Apple, Boston Beer, GoPro, IMAX, Netflix, and Twitter. The Motley Fool has the following options: long January 2020 $150 calls on Apple and short January 2020 $155 calls on Apple. The Motley Fool recommends 3D Systems, Dave & Buster's Entertainment, Editas Medicine, and Live Nation Entertainment. 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.
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The ticker symbol is (DDD) and this company is 3D Systems (NYSE: DDD) , the additive manufacturer. Those positions, with the stock at $12 today are flat to down, but the market is up more than 100% from both positions, so we have gotten drilled by holding and advocating for (DDD) by about 300 points of alpha which hurts. With March Madness upon us, it's probably no shock that Motley Fool co-founder David Gardner had a hankering to bring a competitive episode to his Rule Breakers podcast, though, of course, he's always competing with the broader market.
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The ticker symbol is (DDD) and this company is 3D Systems (NYSE: DDD) , the additive manufacturer. Those positions, with the stock at $12 today are flat to down, but the market is up more than 100% from both positions, so we have gotten drilled by holding and advocating for (DDD) by about 300 points of alpha which hurts. Matthew Argersinger owns shares of Amazon, Apple, Boston Beer, GoPro, Netflix, and Twitter and has the following options: long January 2019 $15 calls on Twitter.
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The ticker symbol is (DDD) and this company is 3D Systems (NYSE: DDD) , the additive manufacturer. Those positions, with the stock at $12 today are flat to down, but the market is up more than 100% from both positions, so we have gotten drilled by holding and advocating for (DDD) by about 300 points of alpha which hurts. Gardner: And what's important about this game, I think -- and just thinking in terms of market caps -- is if you have a company worth $10 billion versus one worth $1 billion, what does it take to double from $10 billion versus $1 billion?
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The ticker symbol is (DDD) and this company is 3D Systems (NYSE: DDD) , the additive manufacturer. Those positions, with the stock at $12 today are flat to down, but the market is up more than 100% from both positions, so we have gotten drilled by holding and advocating for (DDD) by about 300 points of alpha which hurts. Matt Argersinger, company No.
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Company News For Mar 16, 2018
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https://www.nasdaq.com/articles/company-news-for-mar-16-2018-2018-03-16
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Shares of Dollar General Corporation DG rose 4.8% after projecting earnings for the fiscal 2018 within $5.95-$6.15, higher than the current Zacks Consensus Estimate of $5.62
Williams-Sonoma, Inc's WSM shares increased 2.5% after reporting fiscal fourth quarter adjusted earnings of $1.68 per share, surpassing the Zacks Consensus Estimate of $1.63
Shares of 3D Systems Corporation DDD advanced 5.8% after posting fourth quarter earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01
ADT Inc. ADT shares plunged 12.5% after reporting fourth quarter adjusted loss of $0.06 per share, in contrast to the Zacks Consensus Estimate of a gain of $0.14
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3D Systems Corporation (DDD): Free Stock Analysis Report
Dollar General Corporation (DG): Free Stock Analysis Report
Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report
ADT Inc. (ADT): 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.
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Shares of Dollar General Corporation DG rose 4.8% after projecting earnings for the fiscal 2018 within $5.95-$6.15, higher than the current Zacks Consensus Estimate of $5.62 Williams-Sonoma, Inc's WSM shares increased 2.5% after reporting fiscal fourth quarter adjusted earnings of $1.68 per share, surpassing the Zacks Consensus Estimate of $1.63 Shares of 3D Systems Corporation DDD advanced 5.8% after posting fourth quarter earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 ADT Inc. ADT shares plunged 12.5% after reporting fourth quarter adjusted loss of $0.06 per share, in contrast to the Zacks Consensus Estimate of a gain of $0.14 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report ADT Inc. (ADT): 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.
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Shares of Dollar General Corporation DG rose 4.8% after projecting earnings for the fiscal 2018 within $5.95-$6.15, higher than the current Zacks Consensus Estimate of $5.62 Williams-Sonoma, Inc's WSM shares increased 2.5% after reporting fiscal fourth quarter adjusted earnings of $1.68 per share, surpassing the Zacks Consensus Estimate of $1.63 Shares of 3D Systems Corporation DDD advanced 5.8% after posting fourth quarter earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 ADT Inc. ADT shares plunged 12.5% after reporting fourth quarter adjusted loss of $0.06 per share, in contrast to the Zacks Consensus Estimate of a gain of $0.14 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report ADT Inc. (ADT): 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.
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Shares of Dollar General Corporation DG rose 4.8% after projecting earnings for the fiscal 2018 within $5.95-$6.15, higher than the current Zacks Consensus Estimate of $5.62 Williams-Sonoma, Inc's WSM shares increased 2.5% after reporting fiscal fourth quarter adjusted earnings of $1.68 per share, surpassing the Zacks Consensus Estimate of $1.63 Shares of 3D Systems Corporation DDD advanced 5.8% after posting fourth quarter earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 ADT Inc. ADT shares plunged 12.5% after reporting fourth quarter adjusted loss of $0.06 per share, in contrast to the Zacks Consensus Estimate of a gain of $0.14 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report ADT Inc. (ADT): 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.
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Shares of Dollar General Corporation DG rose 4.8% after projecting earnings for the fiscal 2018 within $5.95-$6.15, higher than the current Zacks Consensus Estimate of $5.62 Williams-Sonoma, Inc's WSM shares increased 2.5% after reporting fiscal fourth quarter adjusted earnings of $1.68 per share, surpassing the Zacks Consensus Estimate of $1.63 Shares of 3D Systems Corporation DDD advanced 5.8% after posting fourth quarter earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 ADT Inc. ADT shares plunged 12.5% after reporting fourth quarter adjusted loss of $0.06 per share, in contrast to the Zacks Consensus Estimate of a gain of $0.14 Want the latest recommendations from Zacks Investment Research? Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report ADT Inc. (ADT): 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.
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a7b40c13-1610-48ef-824c-567ab0b0f4f7
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716916.0
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2018-03-15 00:00:00 UTC
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3D Systems Corporation Stock Will Print You Profits
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DDD
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https://www.nasdaq.com/articles/3d-systems-corporation-stock-will-print-you-profits-2018-03-15
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems Corporation (NYSE: DDD ) reported earnings last night and the immediate reaction was a +9% rip in DDD stock. So obviously management delivered what Wall Street wanted to hear.
I am a big fan of the concept of 3-D printing, but so far I am not a fan of the stock. I'm willing to bet that most households in the U.S. will have a 3-D printer of sorts in the next 10 years. It just makes sense to buy blueprints and print products for immediate delivery. Not every industry will be conducive to doing that, but I see uses for it right now in my current life.
Eventually, there will be a few mega-cap companies that will dominate the industry. Until then, stocks like DDD will fluctuate in price until they become profitable or until they get bought out. So in today's trade, I will focus on the price range in order to participate in the longer-term bullish thesis of the industry more so than fundamentals.
I consider this a speculative trade inside a conservative portfolio. Luckily, DDD stock trades at a reasonable price-to-book ratio, so I am confident that I can own shares at a discount and manage them to profits in the mid- to longer-term.
How to Trade DDD Stock Today
Technically the lifetime chart of DDD stock is ridiculous. The highs in 2014 were above $90-per-share. After today's move, it'll be just over $13. So for this purpose, I will consider the daily chart, which shows some upside potential, even after this move.
If DDD stock bulls can hold above the $13-per-share, they could use it as a neckline for a bullish pattern that targets $15. And therein lies my opportunity.
5 ETFs to Boost Your Income
No, I will not buy the shares outright and hope for a rally. In this high CBOE Volatility Index (INDEXCBOE: VIX ) market, I prefer to sell risk into support to generate income. If the rally comes, then I profit faster. But if it doesn't come, I can still retain my maximum gains if my support holds. Worst case scenario means that I will own shares at a discount and have to manage out of them without damage.
Click to Enlarge
Even though I see upside potential, there is likely to be some resistance at $14- and $14.5-per-share. On the way down, DDD stock saw significant action around those levels so it would make sense that on the way up they would be somewhat difficult to overcome but not impossible.
Since I structured today's trade more so based on price action and market expectations than solid financial metrics, I used DDD options. This way, I participate in the upside potential and leave room for error. Chasing the shares after a big spike leaves no wiggle room.
3 Red Hot Stocks That Deserve Your Attention Right Now
The Trade: Sell DDD AUG $9 put and collect 75-cents-per-contract to open. I have a 75% theoretical certainty, so that I retain maximum gains. Otherwise, I will accumulate losses below $8.25.
Selling naked puts carries big risk especially for a stock as frothy as DDD. For those who want to mitigate it, they can sell a spread instead.
The Alternate Bet: Sell the DDD AUG $9/$8 bull put spread, which has about the same odds of winning and would yield 20% on risk. Compare this with risking $13-per-share here and without any room for error expect a rally profit.
Ultimately, investing in stocks is fraught with danger, so I never risk more than I am willing to lose.
Get my newsletter for free here . Nicolas Chahine is the managing director of SellSpreads.com . 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 stocktwits .
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The post 3D Systems Corporation Stock Will Print You Profits 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.
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Luckily, DDD stock trades at a reasonable price-to-book ratio, so I am confident that I can own shares at a discount and manage them to profits in the mid- to longer-term. Since I structured today's trade more so based on price action and market expectations than solid financial metrics, I used DDD options. InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported earnings last night and the immediate reaction was a +9% rip in DDD stock.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported earnings last night and the immediate reaction was a +9% rip in DDD stock. 3 Red Hot Stocks That Deserve Your Attention Right Now The Trade: Sell DDD AUG $9 put and collect 75-cents-per-contract to open. The Alternate Bet: Sell the DDD AUG $9/$8 bull put spread, which has about the same odds of winning and would yield 20% on risk.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported earnings last night and the immediate reaction was a +9% rip in DDD stock. How to Trade DDD Stock Today Technically the lifetime chart of DDD stock is ridiculous. Until then, stocks like DDD will fluctuate in price until they become profitable or until they get bought out.
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How to Trade DDD Stock Today Technically the lifetime chart of DDD stock is ridiculous. Selling naked puts carries big risk especially for a stock as frothy as DDD. InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported earnings last night and the immediate reaction was a +9% rip in DDD stock.
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1ddac07b-a867-4820-8db7-33c13ec9fef4
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716917.0
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2018-03-15 00:00:00 UTC
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3D Systems (DDD) Q4 Earnings Beat Estimates, Revenues Up Y/Y
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DDD
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https://www.nasdaq.com/articles/3d-systems-ddd-q4-earnings-beat-estimates-revenues-up-y-y-2018-03-15
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nan
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nan
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3D Systems Corporation 's DDD adjusted earnings came in at 5 cents per share, down 66.7% from the prior-year tally of 15 cents per share. However, the figure came in above the Zacks Consensus Estimate of 1 cent. Increase in total operating expenses, on account of rise in selling, general and administrative, as well as research and development costs, put pressure on the bottom line.
The company reported a GAAP loss of 8 cents per share in fourth-quarter 2017, which is in sharp contrast to earnings of 5 cents per share reported in the prior-year quarter.
For full-year 2017, 3D Systems incurred an adjusted loss of 2 cents per share against adjusted earnings of 46 cents per share in 2016.
Inside the Headlines
The 3D printer maker reported revenues of $177.3 million in the quarter, reflecting a year-over-year increase of 6.9%. Steady demand for the company's healthcare, materials, software and on-demand manufacturing, along with increased printer unit sales proved favorable for the top line. Moreover, revenues came ahead of the Zacks Consensus Estimate of $164 million.
For full-year 2017, 3D Systems generated revenues of $646.1 million, up 2.1% from the prior-year's tally of $633 million.
3D Systems' Healthcare revenues were up 13% to $50.4 million year over year, driven by growth across all categories. Notably, the company's on-demand manufacturing revenues were up 10% to $26.5 million, helped by its investments in facilities, customer experience and technology. For full-year 2017, healthcare revenues experienced an increase of 18% to $188.7 million.
Software revenues were up 8% to $26 million compared with the prior-year quarter. Material revenues rose 8% to $42.8 million, driven by continued utilization of its installed base and strong contribution from the previously acquired Vertex-Global. For full-year 2017, material revenues experienced an increase of 8% to $168.8 million.
Printer revenues were almost flat compared with the prior-year quarter and came in at $34.9 million. Meanwhile, printer unit sales increased 15% owing to increase in both production as well as professional unit sales.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
In the reported quarter, gross margin contracted 180 basis points on a year-over-year basis to 48.2%, due to the adverse impact from product discontinuations and legacy inventory cleanup charges.
In the reported quarter, the company's operating expenses increased 15.7% to $91.2 million, as SG&A (up 18%) expenses rose significantly, driven by the company's persistent investment in go-to-market and IT transformation. R&D expense (up 9%) also increased to $23 million.
Notable Developments
Recently, 3D Systems launched the NextDent 5100, a 3D printer designed for dental labs. The company also rolled out a number of new materials for the NextDent 5100. Moreover, the company launched the FabPro 1000, a low cost high productivity DLP based 3D printers, designed for high functionality industrial prototyping, dental and jewelry production.
Going forward, the company plans to commence shipping its next-generation SLS printer, the ProX SLS 6100. Other plans in the pipeline include the introduction of additional Figure 4 products and the DMP 8500, an automated and fully integrated next generation metals platform.
Cash Flow and Balance Sheet
3D Systems ended the quarter with cash and cash equivalents of $136.3 million, down significantly from $184.9 million as of Dec 31, 2016. At the end of December, net cash generated from operating activities came in at $25.9 million, significantly lower than the year-earlier figure of $57.5 million.
To Conclude
Of late, this Zacks Rank #3 (Hold) company has been benefiting from favorable 3D printing industry fundamentals, led by rising demand for diverse applications of this novel technology across multiple domains. Moving ahead, strong demand for production printers, materials and software, as well as healthcare solutions will likely act as major catalysts for growth. We also believe that the acquisition of Vertex-Global Holding B.V. will unlock multiple opportunities for the company.
However, over the past few quarters, revenues from 3D printing products and services have been significantly undermined due to sustained challenging market conditions that adversely impacted customers' capital investment cycles and reduced demand across most geographies. If these problems persist, the company's performance might come under pressure, moving ahead.
Stocks to Consider
A few better-ranked stocks in the same space include DST Systems, Inc. DST , Applied Materials, Inc. AMAT and ASML Holding N.V. ASML . While DST Systems sports a Zacks Rank #1 (Strong Buy), Applied Materials and ASML Holding carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
DST Systems has a decent earnings surprise history, surpassing estimates thrice in the trailing four quarters, with an average of 12%.
Applied Materials has an impressive earnings surprise history, exceeding estimates in the trailing four quarters, with an average of 4.8%.
ASML Holding has posted earnings beat in the trailing four quarters. It boasts an average beat of 18.8%.
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3D Systems Corporation (DDD): Free Stock Analysis Report
DST Systems, Inc. (DST): Free Stock Analysis Report
ASML Holding N.V. (ASML): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): 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.
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3D Systems Corporation 's DDD adjusted earnings came in at 5 cents per share, down 66.7% from the prior-year tally of 15 cents per share. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Increase in total operating expenses, on account of rise in selling, general and administrative, as well as research and development costs, put pressure on the bottom line.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation 's DDD adjusted earnings came in at 5 cents per share, down 66.7% from the prior-year tally of 15 cents per share. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote In the reported quarter, gross margin contracted 180 basis points on a year-over-year basis to 48.2%, due to the adverse impact from product discontinuations and legacy inventory cleanup charges.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation 's DDD adjusted earnings came in at 5 cents per share, down 66.7% from the prior-year tally of 15 cents per share. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote In the reported quarter, gross margin contracted 180 basis points on a year-over-year basis to 48.2%, due to the adverse impact from product discontinuations and legacy inventory cleanup charges.
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3D Systems Corporation 's DDD adjusted earnings came in at 5 cents per share, down 66.7% from the prior-year tally of 15 cents per share. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. However, the figure came in above the Zacks Consensus Estimate of 1 cent.
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dddf027e-bc0f-46a2-9384-9ae1c1e5bf49
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716918.0
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2018-03-15 00:00:00 UTC
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Morning Movers: Sears Soars, Dollar General Gains, Alexion Rallies
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DDD
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https://www.nasdaq.com/articles/morning-movers-sears-soars-dollar-general-gains-alexion-rallies-2018-03-15
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nan
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nan
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It's Morning Movers time and with the Dow Jones Industrial Average up slightly this morning, we...
•...consider the rapidly shifting narrative that's driving the market; •...highlight earnings from Sears Holdings (SHLD) and Dollar General (DG); •...and examine the looming tech awards season in the View From Silicon Valley.
Everything Is Green Again
For the fourth time this week, stocks look set for a higher open. Can they hold onto their gains this time?
S&P 500 futures have risen 0.1%, while Dow Jones Industrial Average futures have gained 63 points, or 0.3%. Nasdaq Composite futures have advanced 0.1%.
It's been strange to watch the narrative shift so quickly in the market. In early February, fears of rising inflation and rapid economic growth caused bond yields to soar and stocks to tumble. This week, stocks have been falling on concerns that the economy isn't growing fast enough, causing bond yields to slump. So which is it?
Don't look for today's economic data to provide an answer. Jobless claims declined to 226,000 --right where economists expected them to be--so no surprise there, and no new information either. The Empire Manufacturing survey of economic activity in the New York region, meanwhile, rose to 22.5 in March from 13.1 in February, and topped analyst forecasts for 15, and showed an increase in both prices paid and prices received. The Philly Fed index, however, fell to 22.3 from 25.8., and the prices paid and revived both declined.
Marketfield's Michael Shaoul argues that if inflation does materialize, it will be from a combination of "tighter labor markets, logistical bottlenecks, acceleration in private and public sector investment, firmer commodity markets and a weaker US dollar," not just from one metric such as wage growth.
That's one way of saying the jury's still out.
- Ben Levisohn
Morning Movers
Earnings & News
3D Systems (DDD) is up 9.5% to $13.30 after reporting fourth-quarter earnings. The 3D printer maker earned a nickel a share on revenue of $177.3 million. Analysts were looking for earnings of three cents a share on revenue of $164.9 million.
Alexion Pharmaceuticals (ALXN) has surged 9.2% to $133.99 after reporting results from a Phase 3 trial for a rare blood disease. "We expect ALXN shares to trade higher as investors breathe a sigh of relief following release of Phase 3 ALXN-1210 data," writes BMO analyst M. Ian Somaiya.
CTrip.com (CTRP) is down 4.6% to $46.50 after its fourth-quarter earnings. The online travel agency earned 14 cents a share on revenue of $987.54 million. Analysts were looking for earnings of 16 cents a share on revenue of $1 billion. For the current quarter, it expects revenue of $961 million to $968 million, compared to the $1.1 billion consensus.
Getty Images
Dollar General (DG) is up 7% to $95.45 on its fourth-quarter earnings. The discounter earned $1.48 a share on revenue of $6.13 billion. Analysts expected earnings of $1.48 a share on revenue of $6.2 billion. Same-store sales rose 3.3% in the quarter. For the full year, it sees earnings between $5.95 and $6.15 a share, on revenue of $25.58 billion, compared to the $5.58 per share and $25.44 billion consensus. It also raised its dividend and share repurchase program.
Sears Holdings (SHLD) is up 8.2% to $2.62, after reporting fourth-quarter earnings. The department store chain earned $1.69 a share on revenue of $4.38 billion. Analysts were looking for earnings of $1.16 a share on revenue of $3.86 billion.
Williams-Sonoma (WSM) is up 3.6% to $55.61o on its fourth-quarter earnings. The home furnishings retailer said it earned $1.68 a share on revenue of $1.68 billion. Analysts were looking for earnings of $1.61 a share on revenue of $1.65 billion. For the full year, it expects to earn between $4.12 and $4.22 a share, on revenue of $5.48 billion to $5.64 billion, compared to the $4.07 per share and $5.48 billion consensus. Loop Capital's Anthony Chukumba reiterated a Hold rating on the stock, but writes that Williams-Sonoma ended the year on a high note, and he was happy to hear of its increased dividend and share repurchase plan.
Upgrades & Downgrades
Baidu.com (BIDU) has gained 2.1% to $264.90 and Broadcom (AVGO) is up 1.1% to $263.50. Deutsche Bank resumed coverage of both with a Buy rating.
e.l.f Beauty (ELF) has dropped 4% to $19.18 after Morgan Stanley cut it to Underweight.
Expedia (EXPE) has fallen 1.5% to $111.60 after getting cut to Neutral from Outperform at Macquarie.
Exxon Mobil (XOM) has advanced 0.7% to $74.10 after HSBC upgraded it from Reduce to Buy.
MercadoLibre (MELI) has slumped 3.9% to $389 after Stifel cut it to Hold.
Qorvo (QRVO) has fallen 2.2% to $80.45 after Bank of America Merrill Lynch downgraded it to Underperform.
Signet Jewelers (SIG) has declined 1.5% to $37.66 after getting cut to Hold from Buy at Needham a day after tumbling 20% following disappointing earnings.
Viacom (VIAB) has advanced 1.4% to $33.10 after Needham upgraded it to Buy. - Teresa Rivas
The View From Silicon Valley
Hollywood has its awards season, culminating in the Academy Awards. And, so too, does Silicon Valley.
Getty Images
It may lack the glitz and glamour of high fashion and star power, but the tech's troika of local developers' conferences- Facebook's (FB) F8 in May, Alphabet's (GOOGL) Google I/O, also in May, and Apple's (AAPL) WWDC in June -never lack for high drama.
Developers' conferences set the tone for what consumers and enterprises can expect from each company over the next 18 to 24 months, laying a groundwork for their competitive strengths, potential revenue and future market capitalization.
Last year, the valley's Big Three shared their visions, so to speak, on mixed reality, considered crucial to all of their future plans.
Apple unveiled a new augmented reality developer kit, ARKit, that helps Apple app developers integrate the technology, which overlays digital images on the physical world, on iPhones. Facebook and Google showcased digital-reality tech at their glorified demos, with plans to enhance commerce and communications services.
This year? The companies are usually tight-lipped, but Bloomberg News has reported Apple is readying new versions of its iPhone and Mac operating systems - including an effort to combine the app systems for both platforms.
We're not as certain about Google, but Facebook isn't shy about sharing ambitious, long-term visions. Two years ago, Chief Executive Officer Mark Zuckerberg shared a 10-year plan to connect the world. Maybe this year, he'll explain what his company plans to do to regain consumer trust after a brutal stretch the past 18 months. - Jon Swartz
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.
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- Ben Levisohn Morning Movers Earnings & News 3D Systems (DDD) is up 9.5% to $13.30 after reporting fourth-quarter earnings. "We expect ALXN shares to trade higher as investors breathe a sigh of relief following release of Phase 3 ALXN-1210 data," writes BMO analyst M. Ian Somaiya. Loop Capital's Anthony Chukumba reiterated a Hold rating on the stock, but writes that Williams-Sonoma ended the year on a high note, and he was happy to hear of its increased dividend and share repurchase plan.
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- Ben Levisohn Morning Movers Earnings & News 3D Systems (DDD) is up 9.5% to $13.30 after reporting fourth-quarter earnings. It's Morning Movers time and with the Dow Jones Industrial Average up slightly this morning, we... •...consider the rapidly shifting narrative that's driving the market; •...highlight earnings from Sears Holdings (SHLD) and Dollar General (DG); •...and examine the looming tech awards season in the View From Silicon Valley. In early February, fears of rising inflation and rapid economic growth caused bond yields to soar and stocks to tumble.
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- Ben Levisohn Morning Movers Earnings & News 3D Systems (DDD) is up 9.5% to $13.30 after reporting fourth-quarter earnings. It's Morning Movers time and with the Dow Jones Industrial Average up slightly this morning, we... •...consider the rapidly shifting narrative that's driving the market; •...highlight earnings from Sears Holdings (SHLD) and Dollar General (DG); •...and examine the looming tech awards season in the View From Silicon Valley. For the full year, it sees earnings between $5.95 and $6.15 a share, on revenue of $25.58 billion, compared to the $5.58 per share and $25.44 billion consensus.
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- Ben Levisohn Morning Movers Earnings & News 3D Systems (DDD) is up 9.5% to $13.30 after reporting fourth-quarter earnings. It's Morning Movers time and with the Dow Jones Industrial Average up slightly this morning, we... •...consider the rapidly shifting narrative that's driving the market; •...highlight earnings from Sears Holdings (SHLD) and Dollar General (DG); •...and examine the looming tech awards season in the View From Silicon Valley. Can they hold onto their gains this time?
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716919.0
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2018-03-15 00:00:00 UTC
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3D Systems Earnings: Revenue Grows 7%, Driven by Strength in Services; Stock Pops 8%
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DDD
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https://www.nasdaq.com/articles/3d-systems-earnings-revenue-grows-7-driven-strength-services-stock-pops-8-2018-03-15
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nan
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nan
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3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2017 results after the market close on Wednesday.
Investors had a good idea of what to expect for the headline numbers, as the 3D printing company on March 1 released preliminary results . It attributed the delay in filing its official results with the Securities and Exchange Commission (SEC) to uncertainties surrounding accounting procedures for revenue and costs related to its product warranties.
Shares jumped 8.2% in after-hours trading on Wednesday. It's probably safe to attribute the market's enthusiasm to the company's adjusted earnings per share (EPS) coming in at the high end and GAAP loss per share at the low end of the expected range it provided on March 1. The stock soared when the preliminary results were issued, closing up 13.1% the following day, as its forecast ranges for both revenue and adjusted EPS were considerably better than Wall Street predicted.
3D Systems' key quarterly numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
In its preliminary release, 3D Systems said it anticipated revenue in the range of $176 million to $180 million, a GAAP loss between $0.10 to $0.08 per share, and adjusted EPS from $0.03 to $0.05 per share.
Gross margin in the quarter was 48.2%, down from 50% in the year-ago quarter. Cost reduction initiatives were offset by additional investments in services and on-demand manufacturing. During the quarter, the company generated $8.2 million of cash from operations and ended the year with $136.3 million of cash on hand.
Long-term investors shouldn't place too much weight on Wall Street's near-term estimates. But for context, prior to 3D Systems releasing its preliminary results, analysts had been looking for adjusted EPS of $0.01 on revenue of $162.1 million, so the company crushed both expectations.
For full-year 2017, year-over-year revenue edged up 2% to $646.1 million. GAAP loss widened to $0.59 per share from $0.35 per share in 2016, and the company reported a loss of $0.02 per share on an adjusted basis, versus earnings of $0.46 per share in the prior year.
Segment results
Data source: 3D Systems. *Totals here add up to $177.2 million and $166.0 million, rather than the reported totals, due to rounding.
Here's how key categories performed by year-over-year revenue changes in the quarter:
Healthcare solutions: jumped 13% to $50.4 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 a company that makes dental materials.
Software (within product): increased 8% to $26.0 million.
Materials (within product): climbed 8% to $42.8 million. This category also got a lift from the above-mentioned acquisition.
On-demand part manufacturing (within service): spiked 10% to $26.5 million.
3D printers (within product): revenue was approximately flat at $34.9 million.
3D printer revenue coming in flat with the year-ago quarter is encouraging, as this metric has steadily declined over the last three years. It dropped 4%, 14%, and 11%, in the first, second, and third quarters of 2017, respectively, and then by 21% for full-year 2016. That said, one quarter doesn't make a trend, so it's too soon to say that this number has bottomed and is rebounding. Rival Stratasys posted 1% growth in this metric when it reported its fourth-quarter results . 3D printer sales have an outsize importance for both companies because they're central to their razor-and-blade-like business model in that they drive sales of the high-margin print materials.
What management had to say
Here's what CEO Vyomesh Joshi had to say in the press release:
Looking ahead
In 2018, 3D Systems has begun launching new products with more to come, including systems based on its speedy Figure 4 technology, a lower-cost system powered by digital light processing (DLP) technology, and its next-generation platform for metal 3D printing.
The company did not provide 2018 guidance, which isn't too surprising. When it reported third-quarter 2017 results, management withdrew its previously issued full-year 2017 guidance, citing the unpredictability surrounding legacy product quality and reliability issues.
With revenue growing solidly, 3D printer revenue stabilizing, and adjusted earnings swinging back to a positive in the fourth quarter after being negative in the third quarter, there is some reason for cautious optimism that the turnaround is progressing. However, "cautious" is the keyword here, as one quarter is just one quarter, and the company didn't provide a 2018 outlook, suggesting that management doesn't have solid visibility into its prospects this year.
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*Stock Advisor returns as of March 5, 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.
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3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2017 results after the market close on Wednesday. It attributed the delay in filing its official results with the Securities and Exchange Commission (SEC) to uncertainties surrounding accounting procedures for revenue and costs related to its product warranties. The stock soared when the preliminary results were issued, closing up 13.1% the following day, as its forecast ranges for both revenue and adjusted EPS were considerably better than Wall Street predicted.
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3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2017 results after the market close on Wednesday. 3D Systems' key quarterly numbers Data source: 3D Systems. In its preliminary release, 3D Systems said it anticipated revenue in the range of $176 million to $180 million, a GAAP loss between $0.10 to $0.08 per share, and adjusted EPS from $0.03 to $0.05 per share.
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3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2017 results after the market close on Wednesday. In its preliminary release, 3D Systems said it anticipated revenue in the range of $176 million to $180 million, a GAAP loss between $0.10 to $0.08 per share, and adjusted EPS from $0.03 to $0.05 per share. But for context, prior to 3D Systems releasing its preliminary results, analysts had been looking for adjusted EPS of $0.01 on revenue of $162.1 million, so the company crushed both expectations.
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3D Systems (NYSE: DDD) released its fourth-quarter and full-year 2017 results after the market close on Wednesday. 3D Systems' key quarterly numbers Data source: 3D Systems. In its preliminary release, 3D Systems said it anticipated revenue in the range of $176 million to $180 million, a GAAP loss between $0.10 to $0.08 per share, and adjusted EPS from $0.03 to $0.05 per share.
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2018-03-15 00:00:00 UTC
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3 Key Takeaways From 3D Systems' Q4 Earnings Call
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https://www.nasdaq.com/articles/3-key-takeaways-3d-systems-q4-earnings-call-2018-03-15
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3D Systems Corporation (NYSE: DDD) reported fourth-quarter and full-year 2017 results on Wednesday after the market close. For the quarter, the 3D printing company posted year-over-year revenue growth of 6.9%, a loss of $0.08 per share on a GAAP basis compared with earnings per share (EPS) of $0.05 in the year-ago period, and adjusted EPS of $0.05, down from $0.15.
Shares of 3D Systems were up 7.3% on Thursday, as of 2:56 p.m. EST. We can attribute the market's reaction to the company's adjusted EPS coming in at the high end and its GAAP loss per share coming in at the low end of the respective expected ranges the company provided when it released preliminary results on March 1.
Earnings releases generally don't provide much information beyond the numbers, but a wealth of color about a company's performance and future prospects is often shared during the quarterly analyst conference calls. Here are three key things you should know about from 3D Systems' Q4 call.
1. 3D printer revenue growth was flat and unit growth was up 15%
From CFO John McMullen's remarks:
3D Systems' quarterly revenue from 3D printer sales was $34.9 million, accounting for 19.7% of total revenue of $177.3 million. Sales of 3D printers, however, are more important than this percentage suggests, because they're central to the company's razor-and-blade-like business model: They're the "razors" that drive sales of the high-margin print materials, or "blades." Rival Stratasys employs a similar strategy, which is why both companies remain focused on growing their total installed base.
Management specified the change in production 3D printers vs. professional 3D printers for the year because customers generally use the former more -- "significantly more," as CEO Vyomesh Joshi has previously said -- which means sales of these printers have an outsize effect on sales of materials. (3D Systems considers its "production" machines to be its plastics 3D printers that are powered by stereolithography (SLA) and selective laser sintering (SLS) technologies, its direct metal printers (DMP), and its recently launched Figure 4 printing system, which is discussed more below.)
2. 2018's product launch pipeline is strong
From Joshi's remarks:
As with Figure 4 and SLS, Digital Light Processing (DLP) is a technology for printing plastics.
Figure 4 is an extremely important -- perhaps even make-or-break -- technology for 3D Systems, so investors should pay close attention to how well systems sell that are based on this tech. On the first-quarter 2017 earnings call, Joshi said the company expects Figure 4 to be a "significant" catalyst for growth in 2018, and he's since reiterated this belief.
Figure 4 is a robotic, scalable, stereolithography (SLA) 3D printing system designed for the production of plastic parts. It's a twist on the company's conventional SLA technology, but much speedier, and is targeted at the production of small parts. Last March, the company shipped one Figure 4 system to an unnamed "Fortune 50 industrial customer." Apparently, no revenue was generated from this transaction, so this was likely a system that's "in beta" or being tested by the "customer."
3. Company expects continued double-digit revenue growth in healthcare
From McMullen's remarks:
3D Systems' healthcare business spans both its product and service segments, and includes such products as 3D printers, materials, and software. It also provides services such as anatomical modeling for surgical planning. In the fourth quarter, the healthcare business -- which generated revenue of $50.4 million, as McMullen noted -- accounted for 28.4% of 3D Systems' total quarterly revenue of $177.3 million. Since it's a sizable business, it's good news to hear that management expects the double-digit revenue growth to continue.
This is particularly true because 3D Systems acquired a company that makes dental materials in the first quarter of 2017, which provided a boost to its healthcare revenue in 2017. In other words, year-over-year organic revenue growth -- which excludes the acquisition -- is less than the figures McMullen provided for the quarter and year.
10 stocks we like better than 3D Systems
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*Stock Advisor returns as of March 5, 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.
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3D Systems Corporation (NYSE: DDD) reported fourth-quarter and full-year 2017 results on Wednesday after the market close. Earnings releases generally don't provide much information beyond the numbers, but a wealth of color about a company's performance and future prospects is often shared during the quarterly analyst conference calls. Rival Stratasys employs a similar strategy, which is why both companies remain focused on growing their total installed base.
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3D Systems Corporation (NYSE: DDD) reported fourth-quarter and full-year 2017 results on Wednesday after the market close. 3D printer revenue growth was flat and unit growth was up 15% From CFO John McMullen's remarks: 3D Systems' quarterly revenue from 3D printer sales was $34.9 million, accounting for 19.7% of total revenue of $177.3 million. Company expects continued double-digit revenue growth in healthcare From McMullen's remarks: 3D Systems' healthcare business spans both its product and service segments, and includes such products as 3D printers, materials, and software.
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3D Systems Corporation (NYSE: DDD) reported fourth-quarter and full-year 2017 results on Wednesday after the market close. 3D printer revenue growth was flat and unit growth was up 15% From CFO John McMullen's remarks: 3D Systems' quarterly revenue from 3D printer sales was $34.9 million, accounting for 19.7% of total revenue of $177.3 million. (3D Systems considers its "production" machines to be its plastics 3D printers that are powered by stereolithography (SLA) and selective laser sintering (SLS) technologies, its direct metal printers (DMP), and its recently launched Figure 4 printing system, which is discussed more below.)
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3D Systems Corporation (NYSE: DDD) reported fourth-quarter and full-year 2017 results on Wednesday after the market close. For the quarter, the 3D printing company posted year-over-year revenue growth of 6.9%, a loss of $0.08 per share on a GAAP basis compared with earnings per share (EPS) of $0.05 in the year-ago period, and adjusted EPS of $0.05, down from $0.15. 3D printer revenue growth was flat and unit growth was up 15% From CFO John McMullen's remarks: 3D Systems' quarterly revenue from 3D printer sales was $34.9 million, accounting for 19.7% of total revenue of $177.3 million.
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2018-03-15 00:00:00 UTC
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Why 3D Systems Corporation Stock Popped as Much as 13% Today
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https://www.nasdaq.com/articles/why-3d-systems-corporation-stock-popped-much-13-today-2018-03-15
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What happened
Shares of 3D-printing giant 3D Systems Corporation (NYSE: DDD) jumped as much as 12.8% in trading Thursday after the company reported fourth-quarter 2017 results. As of 2:47 p.m. EDT, the stock was up 7.7%.
So what
Revenue grew 6.8% in the quarter to $177.3 million , but net loss was $10.1 million, or $0.08 per share. On a non- GAAP basis, earnings were $0.05 per share versus $0.15 a year ago. Analysts were only expecting earnings of $0.01 per share, so that's where the big surprise was for investors.
Gross margin fell from 50% to 48.2% in the quarter, partially due to lower-margin on-demand manufacturing sales, as well as operating expenses that were up 15.7% to $91.2 million. Those factors that negatively impacted profitability and offset sales growth in the quarter.
Now what
Investors are cheering 3D Systems' return to growth and the fact that it's squeezing out even a small profit on a non-GAAP basis. The company has seen revenue shrink since peaking in 2015, so the turnaround late in 2017 is a positive sign. Management didn't give guidance for 2018, but investors should look for revenue growth to continue and potentially improving operating margins. If that happens, the stock could be in for a big bounce from its recent lows.
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 tripled 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.
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*Stock Advisor returns as of March 5, 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.
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What happened Shares of 3D-printing giant 3D Systems Corporation (NYSE: DDD) jumped as much as 12.8% in trading Thursday after the company reported fourth-quarter 2017 results. Gross margin fell from 50% to 48.2% in the quarter, partially due to lower-margin on-demand manufacturing sales, as well as operating expenses that were up 15.7% to $91.2 million. Management didn't give guidance for 2018, but investors should look for revenue growth to continue and potentially improving operating margins.
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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 giant 3D Systems Corporation (NYSE: DDD) jumped as much as 12.8% in trading Thursday after the company reported fourth-quarter 2017 results. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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What happened Shares of 3D-printing giant 3D Systems Corporation (NYSE: DDD) jumped as much as 12.8% in trading Thursday after the company reported fourth-quarter 2017 results. 10 stocks we like better than 3D Systems When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. * 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!
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What happened Shares of 3D-printing giant 3D Systems Corporation (NYSE: DDD) jumped as much as 12.8% in trading Thursday after the company reported fourth-quarter 2017 results. Analysts were only expecting earnings of $0.01 per share, so that's where the big surprise was for investors. Gross margin fell from 50% to 48.2% in the quarter, partially due to lower-margin on-demand manufacturing sales, as well as operating expenses that were up 15.7% to $91.2 million.
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2018-03-15 00:00:00 UTC
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What Happened in the Stock Market Today
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https://www.nasdaq.com/articles/what-happened-stock-market-today-2018-03-15
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Stocks were mixed on Thursday, with major indexes attempting to recoup yesterday's losses as the White House downplayed concerns over an impending trade war.
Speaking to CNBC this morning, Peter Navarro, director of the White House National Trade Council, argued that the U.S. is not trying to provoke other countries into a global trade war with President Trump's planned steel and aluminum tariffs. Rather, he says, the Trump administration is "simply defending [the nation] against what's been an unfair relationship for many, many years."
To be fair, the assertion appears to contradict Trump's own words on Twitter earlier this month, when he insisted "trade wars are good, and easy to win."
The Dow Jones Industrial Average (DJINDICES: ^DJI) gained about a half percent, while the S&P 500 (SNPINDEX: ^GSPC) edged ever so slightly into negative territory at the close.
Today's stock market
Data source: Yahoo! Finance.
Consumer staples set the pace for today's losers, and the Consumer Staples Select Sector SPDR ETF (NYSEMKT: XLP) fell 0.7%. But industrials stocks rebounded today, with the Industrial Select Sector SPDR Fund (NYSEMKT: XLI) up 0.3%.
As for individual stocks, encouraging announcements from Barnes & Noble (NYSE: BKS) and 3D Systems (NYSE: DDD) sent shares of both companies soaring.
Barnes & Noble's dividend, impending growth
Shares of Barnes & Noble climbed 6.3% today after the bookseller confirmed its dividend and issued selected financial guidance for next fiscal year.
Late yesterday, Barnes & Noble announced that its board has voted to maintain the company's quarterly dividend at $0.15 per share. Given the stock's recent declines, that equates to a juicy annual yield of roughly 11.7%.
In addition, Barnes & Noble told investors to expect fiscal 2019 EBITDA in the range of $175 million to $200 million. Year-over-year growth would be driven by "improved sales trends and expense reductions," Barnes & Noble says -- assuming it meets its current guidance for fiscal 2018 adjusted EBITDA in the range of $140 million to $160 million.
Barnes & Noble promised more details when it announces fiscal 2018 year-end results in late June. But in the meantime, with shares trading near an all-time low just prior to the announcement, it's no surprise to see the stock climbing higher today.
3D Systems prints a fantastic quarter
Shares of 3D Systems climbed 5.8% today after the additive manufacturing specialist announced strong fourth-quarter 2017 results . Quarterly revenue grew 6.9% year over year to $177.3 million, and translated to adjusted earnings of $5.3 million, or $0.05 per share. But analysts, on average, were only expecting adjusted earnings of $0.01 per share on revenue of $156.4 million.
CEO Vyomesh Joshi credited growth to the healthcare, materials, software, and on-demand manufacturing markets, and to the company's "more balanced regional execution" during the quarter. 3D Systems also saw sales of its 3D printers arrive roughly flat from the same year-ago period -- a particularly encouraging development considering 3D printer sales have endured steady declines for the past three years.
"We made progress in many areas this year, from better analytics, processes and operational cadence to IT infrastructure and supply chain optimization," added CFO John McMullen. "We continue to be focused on the decisions and actions needed to drive appropriate cost structure, while at the same time, positioning the company for long-term growth."
It's worth noting the company opted not to provide specific guidance for 2018. But I think investors are right to celebrate what appears to be a stabilization of 3D Systems' business. If it can sustain this momentum in the coming quarters, I suspect today's gains are just the beginning of a longer-term trend.
10 stocks we like better than Barnes & Noble
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 tripled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Barnes & Noble 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 March 5, 2018
Steve Symington has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends TWTR . 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.
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As for individual stocks, encouraging announcements from Barnes & Noble (NYSE: BKS) and 3D Systems (NYSE: DDD) sent shares of both companies soaring. Stocks were mixed on Thursday, with major indexes attempting to recoup yesterday's losses as the White House downplayed concerns over an impending trade war. To be fair, the assertion appears to contradict Trump's own words on Twitter earlier this month, when he insisted "trade wars are good, and easy to win."
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As for individual stocks, encouraging announcements from Barnes & Noble (NYSE: BKS) and 3D Systems (NYSE: DDD) sent shares of both companies soaring. Barnes & Noble's dividend, impending growth Shares of Barnes & Noble climbed 6.3% today after the bookseller confirmed its dividend and issued selected financial guidance for next fiscal year. In addition, Barnes & Noble told investors to expect fiscal 2019 EBITDA in the range of $175 million to $200 million.
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As for individual stocks, encouraging announcements from Barnes & Noble (NYSE: BKS) and 3D Systems (NYSE: DDD) sent shares of both companies soaring. Barnes & Noble's dividend, impending growth Shares of Barnes & Noble climbed 6.3% today after the bookseller confirmed its dividend and issued selected financial guidance for next fiscal year. 10 stocks we like better than Barnes & Noble When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
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As for individual stocks, encouraging announcements from Barnes & Noble (NYSE: BKS) and 3D Systems (NYSE: DDD) sent shares of both companies soaring. Speaking to CNBC this morning, Peter Navarro, director of the White House National Trade Council, argued that the U.S. is not trying to provoke other countries into a global trade war with President Trump's planned steel and aluminum tariffs. Barnes & Noble's dividend, impending growth Shares of Barnes & Noble climbed 6.3% today after the bookseller confirmed its dividend and issued selected financial guidance for next fiscal year.
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2018-03-14 00:00:00 UTC
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Here's Why You Should Add HP (HPQ) in Your Portfolio Now
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https://www.nasdaq.com/articles/heres-why-you-should-add-hp-hpq-in-your-portfolio-now-2018-03-14
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HP Inc.HPQ is one of those technology companies that have been demonstrating remarkable share price performance. 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 . The company has generated high returns for investors in the year-to-date period.
The stock has been clocking solid returns since the split and has surged approximately 70.8%, substantially outperforming the S&P 500's growth of 32.2%. The major part of the rally has been witnessed this year. In a year, the stock has appreciated 34.5%, while the S&P 500 has advanced 16.3%.
Let's analyze the reasons behind this impressive surge in share price and consider why HP will continue its momentum in the near-term as well.
PC Business Revived
Post the split, HP adopted a strategy of focusing on product innovation & differentiation, pricing, and marketing and sales activities to trigger 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.
The impact of these initiatives is well highlighted by the fact that the company has regained the pole position in the PC segment by displacing Lenovo. Also, according to data compiled by IDC, during fourth-quarter 2017, the company's PC shipments registered the seventh quarter of consecutive year-over-year growth after witnessing several quarters of decline.
Furthermore, the two independent research firms - Gartner and International Data Corporation - hinted that the PC industry has been moving toward stabilization. Therefore, we believe stabilization in PC shipments will benefit business prospects of companies like HP.
Revamping Print Segment
The company's efforts to revamp printing business have also been commendable. It should be noted that HP has acquired Samsung Electronics' printer business. The 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 fourth consecutive quarter of print business revenue growth in first-quarter fiscal 2018.
Also, the company's last quarterly results reflected revenue growth for the sixth consecutive quarter after witnessing a prolonged period of decline. Further, the Personal Systems and Print segments improved for the fourth straight quarter after 2010.
Stock Still Undervalued
The stock currently trades at a forward earnings estimate at 12.2x, which is way lower than the industry average of 15.3x. 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 is still left with 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 price.
Consequently, we consider HP as one such technology stock that investors should consider for near-term opportunities. The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
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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.
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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. 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 is still left with significant upside potential.
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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. Revamping Print Segment The company's efforts to revamp printing business have also been commendable.
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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 is one of the two companies which came into existence post the split from the parent company - Hewlett-Packard Company - in November 2015.
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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. The company has generated high returns for investors in the year-to-date period.
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2018-03-14 00:00:00 UTC
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3D Systems Corporation (DDD) Q4 Earnings Top Expectations
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https://www.nasdaq.com/articles/3d-systems-corporation-ddd-q4-earnings-top-expectations-2018-03-14
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems Corporation (NYSE: DDD ) reported on its latest quarter after the bell Wednesday.
The company announced that for its fourth quarter, adjusted earnings came in at 5 cents per share, below its year-ago adjusted earnings of 15 cents per share. However, the figure topped analysts' expectations of 0 cents per share.
Revenue was also ahead of the mark for 3D Systems as the 3D-printing company unveiled sales of $165.9 million, ahead of the Wall Street consensus estimate of $163.47 million. CEO Vyomesh Joshi (VJ) said that the company's growth could be attributed to health care, materials, software and on-demand manufacturing.
More balanced regional execution also aided the company in the period. "While we still have work to do, we made significant progress last year, and we believe our investments in go-to-market combined with improved processes and better execution have started to show returns and position the company well going forward," Joshi said.
For its full fiscal year, 3D Systems brought in a non-GAAP loss of 2 cents per share, while revenue tallied up to $646.1 million. "We made significant progress in 2017 to stabilize and turn around the company, and we put in place the foundation for scalable growth," Joshi said. "This is a multi-year transformation process, but we are pleased with the progress we have made thus far to position the company for long-term growth and profitability."
DDD stock gained about 11% after the bell on the earnings beat.
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The post 3D Systems Corporation (DDD) Q4 Earnings Top Expectations 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.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported on its latest quarter after the bell Wednesday. DDD stock gained about 11% after the bell on the earnings beat. More From InvestorPlace 7 Great REITs to Own in Good Times and Bad 8 Companies That Could Disappear by 2019 10 Dividend Stocks to Buy With Low Yields, But Big Dividend Growth Compare Brokers The post 3D Systems Corporation (DDD) Q4 Earnings Top Expectations appeared first on InvestorPlace .
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More From InvestorPlace 7 Great REITs to Own in Good Times and Bad 8 Companies That Could Disappear by 2019 10 Dividend Stocks to Buy With Low Yields, But Big Dividend Growth Compare Brokers The post 3D Systems Corporation (DDD) Q4 Earnings Top Expectations appeared first on InvestorPlace . InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported on its latest quarter after the bell Wednesday. DDD stock gained about 11% after the bell on the earnings beat.
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More From InvestorPlace 7 Great REITs to Own in Good Times and Bad 8 Companies That Could Disappear by 2019 10 Dividend Stocks to Buy With Low Yields, But Big Dividend Growth Compare Brokers The post 3D Systems Corporation (DDD) Q4 Earnings Top Expectations appeared first on InvestorPlace . InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported on its latest quarter after the bell Wednesday. DDD stock gained about 11% after the bell on the earnings beat.
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DDD stock gained about 11% after the bell on the earnings beat. More From InvestorPlace 7 Great REITs to Own in Good Times and Bad 8 Companies That Could Disappear by 2019 10 Dividend Stocks to Buy With Low Yields, But Big Dividend Growth Compare Brokers The post 3D Systems Corporation (DDD) Q4 Earnings Top Expectations appeared first on InvestorPlace . InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) reported on its latest quarter after the bell Wednesday.
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4a106f03-7cd4-4de6-a5ed-4fdb0c726bcd
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716925.0
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2018-03-14 00:00:00 UTC
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Notable Wednesday Option Activity: DDD, GILD, HD
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DDD
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https://www.nasdaq.com/articles/notable-wednesday-option-activity-ddd-gild-hd-2018-03-14
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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 15,319 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.9% of DDD's average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $12 strike put option expiring March 16, 2018 , with 2,739 contracts trading so far today, representing approximately 273,900 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange:
Gilead Sciences Inc (Symbol: GILD) saw options trading volume of 35,267 contracts, representing approximately 3.5 million underlying shares or approximately 48.6% of GILD's average daily trading volume over the past month, of 7.3 million shares. Particularly high volume was seen for the $82 strike call option expiring March 16, 2018 , with 2,633 contracts trading so far today, representing approximately 263,300 underlying shares of GILD. Below is a chart showing GILD's trailing twelve month trading history, with the $82 strike highlighted in orange:
And Home Depot Inc (Symbol: HD) saw options trading volume of 27,316 contracts, representing approximately 2.7 million underlying shares or approximately 48% of HD's average daily trading volume over the past month, of 5.7 million shares. Especially high volume was seen for the $190 strike call option expiring March 29, 2018 , with 3,276 contracts trading so far today, representing approximately 327,600 underlying shares of HD. Below is a chart showing HD's trailing twelve month trading history, with the $190 strike highlighted in orange:
For the various different available expirations for DDD options , GILD options , or HD 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.
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Particularly high volume was seen for the $12 strike put option expiring March 16, 2018 , with 2,739 contracts trading so far today, representing approximately 273,900 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 15,319 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.9% of DDD's average daily trading volume over the past month, of 3.1 million shares.
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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 15,319 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange: Gilead Sciences Inc (Symbol: GILD) saw options trading volume of 35,267 contracts, representing approximately 3.5 million underlying shares or approximately 48.6% of GILD's average daily trading volume over the past month, of 7.3 million shares. That number works out to 48.9% of DDD's average daily trading volume over the past month, of 3.1 million shares.
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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 15,319 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange: Gilead Sciences Inc (Symbol: GILD) saw options trading volume of 35,267 contracts, representing approximately 3.5 million underlying shares or approximately 48.6% of GILD's average daily trading volume over the past month, of 7.3 million shares. That number works out to 48.9% of DDD's average daily trading volume over the past month, of 3.1 million shares.
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Below is a chart showing DDD's trailing twelve month trading history, with the $12 strike highlighted in orange: Gilead Sciences Inc (Symbol: GILD) saw options trading volume of 35,267 contracts, representing approximately 3.5 million underlying shares or approximately 48.6% of GILD's average daily trading volume over the past month, of 7.3 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 15,319 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.9% of DDD's average daily trading volume over the past month, of 3.1 million shares.
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9e7103f8-a9cc-4ab1-bb5d-9fd25eca1a9e
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716926.0
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2018-03-14 00:00:00 UTC
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After-Hours Earnings Report for March 14, 2018 : CTRP, WSM, SMTC, DDD, TLRD, BNFT, NVAX, TDW, SFS, TACO, YRD, SLD
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DDD
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https://www.nasdaq.com/articles/after-hours-earnings-report-march-14-2018-ctrp-wsm-smtc-ddd-tlrd-bnft-nvax-tdw-sfs-taco
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The following companies are expected to report earnings after hours on 03/14/2018. Visit our Earnings Calendar for a full list of expected earnings releases.
Ctrip.com International, Ltd. ( CTRP ) is reporting for the quarter ending December 31, 2017. The internet company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.02. This value represents a 88.24% decrease compared to the same quarter last year. In the past year CTRP and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CTRP is 106.04 vs. an industry ratio of 43.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Williams-Sonoma, Inc. ( WSM ) is reporting for the quarter ending January 31, 2018. The home furnishings company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.63. This value represents a 5.16% increase compared to the same quarter last year. In the past year WSM has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for WSM is 14.81 vs. an industry ratio of 19.30.
Semtech Corporation ( SMTC ) is reporting for the quarter ending January 31, 2018. The semiconductor company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.26. This value represents a 4.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for SMTC is 28.88 vs. an industry ratio of -15.20, implying that they will have a higher earnings growth than their competitors in the same industry.
3D Systems Corporation ( DDD ) is reporting for the quarter ending December 31, 2017. The computer company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.06. This value represents a 200.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DDD is -38.77 vs. an industry ratio of -14.10.
Tailored Brands, Inc. ( TLRD ) is reporting for the quarter ending January 31, 2018. The textile company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.11. This value represents a 42.11% increase compared to the same quarter last year. TLRD missed the consensus earnings per share in the 1st calendar quarter of 2017 by -72.73%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for TLRD is 11.15 vs. an industry ratio of 20.30.
Benefitfocus, Inc. ( BNFT ) is reporting for the quarter ending December 31, 2017. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.20. This value represents a 16.67% increase compared to the same quarter last year. In the past year BNFT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 33.33%. The "days to cover" for this stock exceeds 38 days. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BNFT is -30.81 vs. an industry ratio of 20.50.
Novavax, Inc. ( NVAX ) is reporting for the quarter ending December 31, 2017. The biomedical (gene) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.15. This value represents a 28.57% increase compared to the same quarter last year. In the past year NVAX has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for NVAX is -3.47 vs. an industry ratio of -6.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Tidewater Inc. ( TDW ) is reporting for the quarter ending December 31, 2017. The oil company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.77. This value represents a 100.08% decrease compared to the same quarter last year. In the past year TDW Zacks Investment Research reports that the 2018 Price to Earnings ratio for TDW is -7.56 vs. an industry ratio of 12.90.
Smart ( SFS ) is reporting for the quarter ending December 31, 2017. The food company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.11. This value represents a 120.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SFS is 22.58 vs. an industry ratio of -44.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Del Taco Restaurants, Inc. ( TACO ) is reporting for the quarter ending December 31, 2017. The restaurant company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.17. This value represents a 10.53% decrease compared to the same quarter last year. TACO missed the consensus earnings per share in the 4th calendar quarter of 2016 by -5%. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2017 Price to Earnings ratio for TACO is 23.96 vs. an industry ratio of 22.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Yirendai Ltd. ( YRD ) is reporting for the quarter ending December 31, 2017. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.86. This value represents a 5.49% decrease compared to the same quarter last year. The last two quarters YRD had negative earnings surprises; the latest report they missed by -5.13%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for YRD is 13.64 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Sutherland Asset Management Corporation ( SLD ) is reporting for the quarter ending December 31, 2017. The reit company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.37. This value represents a 5.71% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SLD is 10.43 vs. an industry ratio of 9.90, implying that they will have a higher earnings growth than their competitors in the same industry.
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.
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3D Systems Corporation ( DDD ) is reporting for the quarter ending December 31, 2017. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DDD is -38.77 vs. an industry ratio of -14.10. The home furnishings company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.63.
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3D Systems Corporation ( DDD ) is reporting for the quarter ending December 31, 2017. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DDD is -38.77 vs. an industry ratio of -14.10. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CTRP is 106.04 vs. an industry ratio of 43.30, implying that they will have a higher earnings growth than their competitors in the same industry.
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3D Systems Corporation ( DDD ) is reporting for the quarter ending December 31, 2017. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DDD is -38.77 vs. an industry ratio of -14.10. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CTRP is 106.04 vs. an industry ratio of 43.30, implying that they will have a higher earnings growth than their competitors in the same industry.
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3D Systems Corporation ( DDD ) is reporting for the quarter ending December 31, 2017. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DDD is -38.77 vs. an industry ratio of -14.10. In the past year CTRP and beat the expectations the other three quarters.
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716927.0
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2018-03-13 00:00:00 UTC
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Nasdaq Streak Snapped on Tech Pullback, White House Turnover
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DDD
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https://www.nasdaq.com/articles/nasdaq-streak-snapped-tech-pullback-white-house-turnover-2018-03-13
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Stocks once again started the day off strong, thanks to encouraging inflation data , and initially shook off President Donald Trump's abrupt dismissal of Secretary of State Rex Tillerson . However, a drop in energy and tech stocks -- not to mention a steep analyst-induced plunge for General Electric shares -- ultimately sent the Dow down triple digits for the second straight day. Even the Nasdaq finished lower, snapping its seven-day winning streak .
Continue reading for more on today's market, including:
Buy calls on these 2 biotech stocks, if past is prologue.
Yelp stock has room to run.
This software stock could be signaling a breakout.
Plus, 2 drug stocks squeezing shorts; a 3D Systems earnings preview; and the pair of athleisure stocks scoring "outperform" endorsements.
The Dow Jones Industrial Average (DJI - 25,007.03) finished down 171.6 points, or 0.7%, but stopped short of breaching 25,000. Today saw eight Dow components close in positive territory, led by UnitedHealth ( UNH ) with a 1.9% gain. GE was the worst performer, shedding 4.4%.
The S&P 500 Index (SPX -2,765.31) gave back 17.8 points, or 0.6%. The Nasdaq Composite (IXIC - 7,511.01) lost 77.3 points, or 1%.
The Cboe Volatility Index (VIX - 16.35) finished 0.6 point, or 3.6%, higher.
5 Items on Our Radar Today
Volkswagen has upped the ante on electric cars, after securing $25 billion in battery supplies to equip 16 factories to make electric cars by 2022. The move represents an effort to compete with Tesla ( TSLA ) to corner the electric car market. ( Bloomberg )
Apple ( AAPL ) announced its annual World Wide Developers Conference (WWDC) will kick off on June 4th in San Jose this year. The event typically features an unveiling of the latest Apple products and operating systems. Last year, Apple unveiled its HomePod. ( MarketWatch )
Analyst: Buy this pair of athleisure stocks .
3D Systems ( DDD ) stock is attracting pre-earnings options traders .
These 2 drug stocks are ripe for a short squeeze.
Data courtesy of Trade-Alert
Oil Drops, Gold Climbs Against Dollar
April-dated crude futures fell 65 cents, or 1.1%, to end at $60.71 per barrel, after the White House shake-up sparked concerns that the Iran nuclear deal could be in jeopardy. In addition, the Energy Information Administration's ( EIA ) recent monthly report -- which predicted record-high output from U.S. shale basins -- continued to weigh on black gold.
Gold futures for April delivery gained $6.30, or 0.5%, to close at $1,327.10 an ounce. The safe-haven asset got a boost from a falling dollar in the wake of President Trump's dismissal of Secretary of State Rex Tillerson.
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.
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3D Systems ( DDD ) stock is attracting pre-earnings options traders . Stocks once again started the day off strong, thanks to encouraging inflation data , and initially shook off President Donald Trump's abrupt dismissal of Secretary of State Rex Tillerson . However, a drop in energy and tech stocks -- not to mention a steep analyst-induced plunge for General Electric shares -- ultimately sent the Dow down triple digits for the second straight day.
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3D Systems ( DDD ) stock is attracting pre-earnings options traders . Stocks once again started the day off strong, thanks to encouraging inflation data , and initially shook off President Donald Trump's abrupt dismissal of Secretary of State Rex Tillerson . Plus, 2 drug stocks squeezing shorts; a 3D Systems earnings preview; and the pair of athleisure stocks scoring "outperform" endorsements.
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3D Systems ( DDD ) stock is attracting pre-earnings options traders . Stocks once again started the day off strong, thanks to encouraging inflation data , and initially shook off President Donald Trump's abrupt dismissal of Secretary of State Rex Tillerson . However, a drop in energy and tech stocks -- not to mention a steep analyst-induced plunge for General Electric shares -- ultimately sent the Dow down triple digits for the second straight day.
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3D Systems ( DDD ) stock is attracting pre-earnings options traders . Plus, 2 drug stocks squeezing shorts; a 3D Systems earnings preview; and the pair of athleisure stocks scoring "outperform" endorsements. Last year, Apple unveiled its HomePod.
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16003ff6-2a0c-453c-a3f4-ab3ce56207d5
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716928.0
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2018-03-06 00:00:00 UTC
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Stratasys Management Talks Plans to Launch a Metal 3D Printing Platform, Growth in 3D Printer Revenue, and More
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DDD
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https://www.nasdaq.com/articles/stratasys-management-talks-plans-launch-metal-3d-printing-platform-growth-3d-printer
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Stratasys (NASDAQ: SSYS) reported fourth-quarter and full-year 2017 results last Wednesday. For the quarter, the 3D printing company's year-over-year revenue increased 2.3%, its loss per share narrowed, and earnings per share (EPS) adjusted for one-time factors rose to $0.16, from $0.15 in the year-ago quarter.
Stratasys beat Wall Street's expectations on both the top and bottom lines. Its 2018 earnings guidance, however, came in lower than what the Street anticipated because the company plans to increase its spending on initiatives aimed at fueling long-term growth. The market sent the stock plunging to a closing loss of 16.5% on Wednesday, though shares have fully recouped their losses as of Monday, and are now priced at nearly exactly what they were before the post-earnings drop.
Here are three key things you should know about from Stratasys' Q4 call. (Transcript via Seeking Alpha.)
1. 3D printer sales increase for the first time in a long time
From CFO Lilach Payorski's remarks:
A 1% year-over-year revenue growth rate from 3D printer sales is hardly the type of growth investors want to see. Moreover, the quarterly system revenue got a boost from some sales that were pushed back from the third quarter. Nonetheless, it's a promising sign, as this metric has been sliding for three years, with the same true of prime rival 3D Systems (NYSE: DDD) . For instance, Stratasys' year-over-year 3D printer revenue declined 11%, 6%, and 6% in the first, second, and third quarters of 2017, respectively, and it suffered double-digit drops in several quarters in the preceding two years.
The more important news is that CEO Ilan Levin said that the company anticipates that system revenue will "continue to grow." 3D printer sales have an outsize importance because they're the "razors" in Stratasys' razor-and-blade-like business model and drive sales of the high-margin print materials and service contracts, or "blades."
2. Stratasys plans to commercialize a metal 3D printing technology and platform
There was much talk on the call about the new metal 3D printing technology that Stratasys has developed and plans to commercialize. Here are some of the most relevant snippets from Levin's remarks:
This is big news, as Stratasys currently doesn't make 3D printers with metals capabilities, although it does offer metal 3D printing in its service operation. 3D Systems does, however, make and sell metal 3D printers, and also provides metal 3D printing services. Metal 3D printing is the fastest-growing space in the 3D printing industry, so there's much potential for Stratasys' new system assuming the company's strategy is on target and its system functions well.
Stratasys said that it developed its metal platform internally over the past several years, incorporating the company's proprietary jetting technology. Management didn't provide a timeline for commercialization and launch, but said that it would release more details at the RAPID + TCT 3D Printing Conference, which runs April 23-26 in Fort Worth, Texas.
3. Stratasys sold one H2000 large-format 3D printing system in the fourth quarter
From Levin's remarks:
The H2000, which was initially introduced as the Infinite Build 3D Demonstrator, is designed to produce large parts made of engineering-grade plastics. Boeing and Ford were Stratasys' development partners on this system. Stratasys sold its first H2000 in the third quarter and, as Levin noted, sold another one in the fourth quarter. Unfortunately, the company doesn't divulge customer names or even industries, but the fact that two of these large systems have now sold is a promising sign. Customers who are plunking down big money for such a system surely do so only after a good amount of testing. As Levin said, Stratasys foresees continuing to sell these systems on a regular basis.
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Beth McKenna has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Ford. 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.
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Nonetheless, it's a promising sign, as this metric has been sliding for three years, with the same true of prime rival 3D Systems (NYSE: DDD) . Its 2018 earnings guidance, however, came in lower than what the Street anticipated because the company plans to increase its spending on initiatives aimed at fueling long-term growth. Management didn't provide a timeline for commercialization and launch, but said that it would release more details at the RAPID + TCT 3D Printing Conference, which runs April 23-26 in Fort Worth, Texas.
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Nonetheless, it's a promising sign, as this metric has been sliding for three years, with the same true of prime rival 3D Systems (NYSE: DDD) . For the quarter, the 3D printing company's year-over-year revenue increased 2.3%, its loss per share narrowed, and earnings per share (EPS) adjusted for one-time factors rose to $0.16, from $0.15 in the year-ago quarter. Stratasys plans to commercialize a metal 3D printing technology and platform There was much talk on the call about the new metal 3D printing technology that Stratasys has developed and plans to commercialize.
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Nonetheless, it's a promising sign, as this metric has been sliding for three years, with the same true of prime rival 3D Systems (NYSE: DDD) . Stratasys plans to commercialize a metal 3D printing technology and platform There was much talk on the call about the new metal 3D printing technology that Stratasys has developed and plans to commercialize. Metal 3D printing is the fastest-growing space in the 3D printing industry, so there's much potential for Stratasys' new system assuming the company's strategy is on target and its system functions well.
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Nonetheless, it's a promising sign, as this metric has been sliding for three years, with the same true of prime rival 3D Systems (NYSE: DDD) . Stratasys plans to commercialize a metal 3D printing technology and platform There was much talk on the call about the new metal 3D printing technology that Stratasys has developed and plans to commercialize. Unfortunately, the company doesn't divulge customer names or even industries, but the fact that two of these large systems have now sold is a promising sign.
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2018-03-06 00:00:00 UTC
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DDD Crosses Above Average Analyst Target
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https://www.nasdaq.com/articles/ddd-crosses-above-average-analyst-target-2018-03-06
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In recent trading, shares of 3D Systems Corp. (Symbol: DDD) have crossed above the average analyst 12-month target price of $11.78, changing hands for $12.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 9 different analyst targets contributing to that average for 3D Systems Corp. , but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $7.00. And then on the other side of the spectrum one analyst has a target as high as $18.00. The standard deviation is $3.709.
But the whole reason to look at the average DDD price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDD crossing above that average target price of $11.78/share, investors in DDD have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $11.78 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover 3D Systems Corp. :
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on DDD - FREE .
10 ETFs With Most Upside To Analyst Targets »
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.
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In recent trading, shares of 3D Systems Corp. (Symbol: DDD) have crossed above the average analyst 12-month target price of $11.78, changing hands for $12.58/share. But the whole reason to look at the average DDD price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDD crossing above that average target price of $11.78/share, investors in DDD have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $11.78 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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In recent trading, shares of 3D Systems Corp. (Symbol: DDD) have crossed above the average analyst 12-month target price of $11.78, changing hands for $12.58/share. But the whole reason to look at the average DDD price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDD crossing above that average target price of $11.78/share, investors in DDD have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $11.78 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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And so with DDD crossing above that average target price of $11.78/share, investors in DDD have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $11.78 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of 3D Systems Corp. (Symbol: DDD) have crossed above the average analyst 12-month target price of $11.78, changing hands for $12.58/share. But the whole reason to look at the average DDD price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of 3D Systems Corp. (Symbol: DDD) have crossed above the average analyst 12-month target price of $11.78, changing hands for $12.58/share. But the whole reason to look at the average DDD price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDD crossing above that average target price of $11.78/share, investors in DDD have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $11.78 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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20994719-38a8-4dbd-a9cb-4487552cdcf7
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716930.0
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2018-03-02 00:00:00 UTC
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Stratasys (SSYS) Q4 Earnings In Line, Revenues Top Estimates
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DDD
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https://www.nasdaq.com/articles/stratasys-ssys-q4-earnings-in-line-revenues-top-estimates-2018-03-02
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nan
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nan
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Stratasys Ltd.SSYS reported mixed results for fourth-quarter 2017, wherein earnings matched the Zacks Consensus Estimate while revenues surpassed the same. Both the metrics improved year over year.
In the quarter under review, the company's non-GAAP earnings per share came in at 16 cents, which increased 6.7% on a year-over-year basis.
Quarter Details
Stratasys' revenues of $179.3 million outpaced the Zacks Consensus Estimate of $174 million. Also, on a year-over-year basis, the figure rose 2.3%.
Segment wise, Product revenues were up 2.5% from the year-ago quarter to $129.8 million mainly owing to the rise in system revenues. The company stated that the system revenues were driven by the increased demand for "professional rapid prototyping application" oriented F123 Series, the company's "new J700 Dental Solution" and its "H2000 Large Part FDM 3D Production System".
Revenues from Services increased 2% year over year to $49.6 million. The upswing can be primarily attributable to 7% growth in customer support revenues mainly driven by growth in the installed base of systems and enhancement of service contract attached rate.
Stratasys' non-GAAP gross margin contracted 110 basis points (bps) to 52.5%, primarily due to product mix.
The company's non-GAAP operating expenses decreased 2.3% year over year to $80.6 million. Also, as a percentage of revenues, non-GAAP operating expenses were down year over year from 47% to 44.9%.
Non-GAAP operating income totaled $13.5 million compared with $11.6 million in the year-ago quarter. Operating margins came in at 7.6% compared with 6.6% in the prior-year quarter.
The company exited the quarter with cash and cash equivalents of $328.8 million compared with $302.8 million at the end of the previous quarter. Inventories came in at approximately $115.7 million than $124.1 million last quarter. As of Dec 31, 2017, long-term debt came in at $27.1 million.
Full-Year 2017 Details
For full-year 2017, Stratasys reported revenues of $668.4 million showcasing a decline of 0.6% from the previous year. However earnings surged 60.7% to 45 cents per share as compared to full year 2016.
Guidance
Stratasys issued guidance for full year 2018. The company envisions revenues in the range of $670-$700 million. The Zacks Consensus Estimate is pegged at $684.6 million. Non-GAAP earnings per share are now projected between 30 cents and 50 cents. The Zacks Consensus Estimate is pegged at 61 cents.
Furthermore, the company anticipates non-GAAP operating margin to be in the 4.5-6% band. Capital expenditures are estimated to lie within in the $40-$50 million range.
Stratasys, Ltd. Price, Consensus and EPS Surprise
Stratasys, Ltd. Price, Consensus and EPS Surprise | Stratasys, Ltd. Quote
Bottom Line
Per management, Stratasys' fourth-quarter 2017 results were positively impacted by improving customer relationships and deeper market penetration in its markets. Additionally, the positive response to the company's product launches in 2017 has further boosted management's confidence.
Also, the company's approach of investing in products related to specific markets is encouraging. This is evident from the positive reaction received by F123 Series and J700 Dental Solution.
Moreover, management is particularly optimistic about the current innovations taking place in the FDM technology namely, Robotic Composite 3D Demonstrator. Stratasys' software development efforts including the likes of GrabCAD Print and GrabCAD Voxel Print applications are also impressive.
The company also announced the development of a new additive manufacturing process that is meant for addressing the needs of short-run metal manufacturing. Additionally, it is increasing investments for projects incubated internally, which result in expansion of the addressable markets.
We believe that based on all these strategic initiatives, Stratasys are well-poised to enjoy a solid growth trajectory going ahead. However, competition from arch rival 3D Systems Corporation DDD remains a concern.
Currently, Stratasys carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology sector are NVIDIA Corporation NVDA and Paycom Software, Inc. PAYC , each sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Long-term expected EPS growth rates for NVIDIA and Paycom are 10.25% and 25.75%, respectively.
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3D Systems Corporation (DDD): Free Stock Analysis Report
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Stratasys, Ltd. (SSYS): Free Stock Analysis Report
NVIDIA Corporation (NVDA): 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.
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However, competition from arch rival 3D Systems Corporation DDD remains a concern. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the broader technology sector are NVIDIA Corporation NVDA and Paycom Software, Inc. PAYC , each sports a Zacks Rank #1 (Strong Buy).
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. However, competition from arch rival 3D Systems Corporation DDD remains a concern. Stratasys Ltd.SSYS reported mixed results for fourth-quarter 2017, wherein earnings matched the Zacks Consensus Estimate while revenues surpassed the same.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. However, competition from arch rival 3D Systems Corporation DDD remains a concern. Quarter Details Stratasys' revenues of $179.3 million outpaced the Zacks Consensus Estimate of $174 million.
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However, competition from arch rival 3D Systems Corporation DDD remains a concern. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter under review, the company's non-GAAP earnings per share came in at 16 cents, which increased 6.7% on a year-over-year basis.
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b89969e3-5992-4436-9e58-b55f004fdae2
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716931.0
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2018-03-02 00:00:00 UTC
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Print Dollars in 3D Systems Corporation
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DDD
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https://www.nasdaq.com/articles/print-dollars-3d-systems-corporation-2018-03-02
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems Corporation (NSYE: DDD ) isn't printing money for bulls just yet, but Wednesday was a nice step in the right direction both off and on the 3D Systems stock chart. Let me explain.
Wednesday wasn't likely a big ol' "K-A-C-H-I-N-G!!!" for most DDD investors despite gains of 13% on the session. Don't get me wrong, it's a nice rally. But the other, more formidable truth is the additional $1.24 in 3D Systems stock price still barely registers for longer-term holders.
Having said that, Wednesday was a nice step in the right direction for DDD shares. Off the price chart and on the heels of Monday's weak guidance from peer Stratasys, Ltd. (NASDAQ: SSYS ), 3D Systems reported preliminary earnings which easily topped the Street's profit and sales estimates .
7 Hot Stocks to Buy That Ditched the NRA
And on the price chart of 3D Systems stock? The reaction looks like a building block for something more meaningful to DDD's bulls - and even an enabler of profit-taking for the 3D Systems short interest of 33% and a very bearish analyst community possibly in need of an upgrade of its own.
DDD Stock Weekly Price Chart
Jim Cramer could reasonably call the period from 2014 through 2015 a "house of pain" for 3D Systems stock investors. Shares crashed lower by nearly 95% following an equally dizzying and speculative, bout of "next, next big thing" stock promotion wherein DDD raced higher by an astonishing 850% during its 2012-2013 bull run.
Since that time, 3D Systems has established an equally lengthy two-year long base during 2016 and 2017. After a promising breakout last year shares went on to give back all of those gains and retreat deep back within the consolidation pattern. To be sure, the severity of the reversal was a surprise to this strategist.
Looking forward though, the observation is DDD's price action has turned bullish once again and deserved of bullish investors' attention. A higher-low double bottom pattern has been established which now also has the support of a smallish four-month long emerging uptrend.
Where does 3D Systems go from here? Other than through $11.80 to add confirmation to the friendlier price action, I'm personally unwilling to place a forecast. However, I don't mind using the options market to put together a capped intermediate-term strategy to increase our chance for success.
DDD Stock Bull Call Spread
For like-minded traders willing to see the 3D Systems turnaround building on itself over the next few months, I'd suggest an out-of-the-money bull call spread. Vertical spreads like this are smart plays as they reduce and define risk. This type strategy also offers a nice payoff relative to risk if DDD shares eventually allow the spread to go into or fully in-the-money.
One combination that looks reasonable is a long August $13 / $16 bull call spread. With 3D Systems trading for $10.74, the vertical is priced for 55 cents and limits risk to about 5% of owning stock outright.
Why You Shouldn't Count Apple Inc. Stock Out for Much Longer
In our view, the smallish and limited risk is a nice insurance policy in the event DDD's improving technical picture fails to follow-through and given the stock's reputation for volatility. Bottom line, those conditions could mean even larger losses for stock traders looking to exit with a stop-loss.
At the same time, if a second attempt at manufacturing an uptrend continues to improve, a gain of $2.45 or nearly 450% is possible if 3D Systems stock can rally above $16 a share. That's a stretch for the time being. But with time on our hands, this August vertical looks up to the task of capping our gains with handsome profits and without the fear of missing out.
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 market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits .
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The post Print Dollars in 3D Systems Corporation 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.
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The reaction looks like a building block for something more meaningful to DDD's bulls - and even an enabler of profit-taking for the 3D Systems short interest of 33% and a very bearish analyst community possibly in need of an upgrade of its own. Shares crashed lower by nearly 95% following an equally dizzying and speculative, bout of "next, next big thing" stock promotion wherein DDD raced higher by an astonishing 850% during its 2012-2013 bull run. InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NSYE: DDD ) isn't printing money for bulls just yet, but Wednesday was a nice step in the right direction both off and on the 3D Systems stock chart.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NSYE: DDD ) isn't printing money for bulls just yet, but Wednesday was a nice step in the right direction both off and on the 3D Systems stock chart. DDD Stock Bull Call Spread For like-minded traders willing to see the 3D Systems turnaround building on itself over the next few months, I'd suggest an out-of-the-money bull call spread. for most DDD investors despite gains of 13% on the session.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NSYE: DDD ) isn't printing money for bulls just yet, but Wednesday was a nice step in the right direction both off and on the 3D Systems stock chart. DDD Stock Weekly Price Chart Jim Cramer could reasonably call the period from 2014 through 2015 a "house of pain" for 3D Systems stock investors. DDD Stock Bull Call Spread For like-minded traders willing to see the 3D Systems turnaround building on itself over the next few months, I'd suggest an out-of-the-money bull call spread.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NSYE: DDD ) isn't printing money for bulls just yet, but Wednesday was a nice step in the right direction both off and on the 3D Systems stock chart. DDD Stock Bull Call Spread For like-minded traders willing to see the 3D Systems turnaround building on itself over the next few months, I'd suggest an out-of-the-money bull call spread. for most DDD investors despite gains of 13% on the session.
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2313cf75-e064-47cf-84db-4e016c33cc53
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716932.0
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2018-03-02 00:00:00 UTC
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3D Systems (DDD) Surges: Stock Moves 13.1% Higher
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DDD
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https://www.nasdaq.com/articles/3d-systems-ddd-surges%3A-stock-moves-13.1-higher-2018-03-02
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3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 13% 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 $9.07 to $10.38 in the past one-month time frame.
The stock gained after the company said that its fourth-quarter 2017 results will improve from its year-ago levels.
The company has seen one negative estimate revision 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 #4 (Sell) 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 - Mini computers industry is HP Inc. HPQ , which currently 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
Don't Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017.
Zacks has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 4 crypto-related stocks now >>
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
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.
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3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 13% on the day. Is DDD going up? Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): 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 13% on the day. Is DDD going up?
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): 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 13% on the day. Is DDD going up?
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3D Systems CorporationDDD was a big mover last session, as the company saw its shares rise more than 13% on the day. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Is DDD going up?
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716933.0
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2018-03-01 00:00:00 UTC
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3D Systems Releases Preliminary Q4 Earnings; Stock Pops 15%
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DDD
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https://www.nasdaq.com/articles/3d-systems-releases-preliminary-q4-earnings-stock-pops-15-2018-03-01
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nan
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3D Systems (NYSE: DDD) released only preliminary fourth-quarter and full-year 2017 results after the market close on Wednesday.
The diversified 3D printing company plans to file its 10-K for the year with the Securities and Exchange Commission (SEC) and hold its conference call on Wednesday, March 14. The delay in filing is related to accounting procedures for revenue and costs related to its product warranties.
The market loved the preliminary numbers, sending shares of 3D Systems rocketing 15% in after-hours trading on Wednesday.
Here's what you should know.
3D Systems' preliminary quarterly numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
For context -- though long-term investors shouldn't place too much weight on Wall Street's near-term estimates -- analysts were looking for 3D Systems to post adjusted EPS of $0.01 on revenue of $162.1 million. The company's preliminary results crushed both estimates, which is why the market reacted so positively. We know this for sure because 3D Systems didn't release 2018 guidance at this time, so we can rule out attributing the stock's pop to this reason.
For full-year 2017, 3D Systems expects to report revenue in the range of $645 million to $647 million, which represents growth of approximately 2% over 2016. (2017 revenue got a boost from the company's acquisition of Vertex Global's dental material brands in the first quarter. Excluding the contribution from this acquisition, 3D Systems' revenue in 2017 was likely flat, at best, with 2016.)
For the year, the company expects to report a GAAP loss in the range of $0.58 to $0.60 per share, which is wider than its $0.35-per-share loss in 2016. It also anticipates a non-GAAP, or adjusted, loss of $0.01 to $0.03 per share, versus the EPS of $0.46 it posted in the prior year.
What management had to say
Here's what CEO Vyomesh Joshi had to say in the press release about the quarter:
From this statement, we can surmise that the company probably didn't experience growth in revenue generated from 3D printer sales. While overall revenue growth in the quarter is certainly a positive, investors should stay focused on 3D printer revenue, which continues to slide on a year-over-year basis. Considered along with changes in unit sales, this metric can reflect demand and the degree of pricing pressure in the market. Competition heated up beginning in 2016 when HP Inc. and well-funded start-up Carbon launched fast polymer 3D printers for the enterprise market. Moreover, sales of 3D printers are central to 3D Systems' razor-and-blade-like business model as they drive sales of high-profit-margin print materials.
Joshi continued:
Looking ahead
3D Systems' preliminary revenue and earnings exceeded Wall Street's expectations, which is surely welcome news to the company's investors, who are ravenous for any shred of good news. That said, the market may have gotten a bit carried away, sending shares soaring 15% in after-hours trading. While revenue growth looks promising, one quarter is just one quarter and doesn't make a trend. More importantly, 3D Systems didn't release 2018 guidance, so investors don't yet know how sustainable the company views its modest uptick in revenue and what it expects from a profitability standpoint this year.
Cautious optimism is the name of the game at this point. Investors will know much more on March 14 when the company releases its official results and holds its earnings call.
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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.
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3D Systems (NYSE: DDD) released only preliminary fourth-quarter and full-year 2017 results after the market close on Wednesday. The diversified 3D printing company plans to file its 10-K for the year with the Securities and Exchange Commission (SEC) and hold its conference call on Wednesday, March 14. For context -- though long-term investors shouldn't place too much weight on Wall Street's near-term estimates -- analysts were looking for 3D Systems to post adjusted EPS of $0.01 on revenue of $162.1 million.
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3D Systems (NYSE: DDD) released only preliminary fourth-quarter and full-year 2017 results after the market close on Wednesday. The market loved the preliminary numbers, sending shares of 3D Systems rocketing 15% in after-hours trading on Wednesday. For full-year 2017, 3D Systems expects to report revenue in the range of $645 million to $647 million, which represents growth of approximately 2% over 2016.
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3D Systems (NYSE: DDD) released only preliminary fourth-quarter and full-year 2017 results after the market close on Wednesday. For context -- though long-term investors shouldn't place too much weight on Wall Street's near-term estimates -- analysts were looking for 3D Systems to post adjusted EPS of $0.01 on revenue of $162.1 million. Joshi continued: Looking ahead 3D Systems' preliminary revenue and earnings exceeded Wall Street's expectations, which is surely welcome news to the company's investors, who are ravenous for any shred of good news.
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3D Systems (NYSE: DDD) released only preliminary fourth-quarter and full-year 2017 results after the market close on Wednesday. The market loved the preliminary numbers, sending shares of 3D Systems rocketing 15% in after-hours trading on Wednesday. More importantly, 3D Systems didn't release 2018 guidance, so investors don't yet know how sustainable the company views its modest uptick in revenue and what it expects from a profitability standpoint this year.
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716934.0
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2018-03-01 00:00:00 UTC
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Mid-Morning Market Update: Markets Gain; Best Buy Beats Q4 Estimates
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DDD
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https://www.nasdaq.com/articles/mid-morning-market-update-markets-gain-best-buy-beats-q4-estimates-2018-03-01
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nan
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Following the market opening Thursday, the Dow traded up 0.20 percent to 25,079.47 while the NASDAQ climbed 0.08 percent to 7,278.44. The S&P also rose, gaining 0.23 percent to 2,719.99.
Leading and Lagging Sectors
Thursday morning, the utilities shares gained 0.81 percent. Meanwhile, top gainers in the sector included NRG Energy Inc (NYSE: NRG ), up 4 percent, and Atlantic Power Corp (NYSE: AT ), up 4 percent.
In trading on Thursday, Technology shares tumbled 0.42 percent. Meanwhile, top losers in the sector included Overstock.com Inc (NASDAQ: OSTK ), down 6 percent, and QAD Inc. (NASDAQ: QADB ) down 4 percent.
Top Headline
Best Buy Co Inc (NYSE: BBY ) reported stronger-than-expected results for its fourth quarter.
The company said it earned $2.42 per share in the fourth quarter on revenue of $15.3 billion versus expectations of $2.04 per share on revenue of $14.5 billion.
Best Buy expects FY19 sales of $41 billion to $42 billion and earnings of $4.80 to $5.00 per share. The company projects Q1 sales of $8.65 billion to $8.75 billion and earnings of $0.68 to $0.73 per share.
Equities Trading UP
3D Systems Corporation (NYSE: DDD ) shares shot up 26 percent to $10.72 following strong preliminary results.
Shares of Novavax, Inc. (NASDAQ: NVAX ) got a boost, shooting up 25 percent to $7.49 after management announced the NanoFlu Vaccine demonstrated improved immune responses over alternative flu vaccines.
AxoGen, Inc. (NASDAQ: AXGN ) shares were also up, gaining 17 percent to $34.0611 as the company posted a narrower-than-expected quarterly loss.
Equities Trading DOWN
Colony NorthStar, Inc. (NYSE: CLNS ) shares dropped 22 percent to $6.10. Colony NorthStar reported a Q4 GAAP loss of $0.69 per share and announced a $300 million buyback plan.
Shares of Portola Pharmaceuticals, Inc. (NASDAQ: PTLA ) were down 28 percent to $30.67. Portola Pharma reported Q4 loss of $1.41 per share. . Cross Country Healthcare, Inc. (NASDAQ: CCRN ) was down, falling around 25 percent to $9.71 following downbeat quarterly earnings.
Commodities
In commodity news, oil traded down 0.83 percent to $61.13 while gold traded down 0.80 percent to $1,307.30.
Silver traded down 0.90 percent Thursday to $16.26, while copper fell 0.53 percent to $3.116.
Eurozone
European shares were lower today. The eurozone's STOXX 600 fell 0.95 percent, the Spanish Ibex Index fell 0.95 percent, while Italy's FTSE MIB Index slipped 0.89 percent. Meanwhile the German DAX dropped 1.52 percent, and the French CAC 40 fell 0.96 percent while U.K. shares fell 0.78 percent.
Economics
Initial jobless claims declined 10,000 to 210,000 in the latest week. Economists expected claims to reach 226,000.
U.S. consumer spending rose 0.2 percent for January, while real disposable income rose 0.9 percent.
The Markit manufacturing PMI slipped to 55.30 for April, versus prior reading of 55.50. Economists expected a reading of 55.90.
U.S. construction spending was unchanged for January.
The ISM manufacturing index climbed to 60.8 in February, versus 59.1 in January. However, economists expected a reading of 59.
Federal Reserve Chairman Jerome Powell is set to speak in Washington at 10:00 a.m. ET.
The Energy Information Administration's weekly report on natural gas stocks in underground storage is schedule for release at 10:30 a.m. ET.
Federal Reserve Bank of New York President William Dudley will speak in Sao Paulo, Brazil at 11:00 a.m. ET.
Data on money supply for the recent week will be released at 4:30 p.m. ET.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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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.
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Equities Trading UP 3D Systems Corporation (NYSE: DDD ) shares shot up 26 percent to $10.72 following strong preliminary results. AxoGen, Inc. (NASDAQ: AXGN ) shares were also up, gaining 17 percent to $34.0611 as the company posted a narrower-than-expected quarterly loss. The Energy Information Administration's weekly report on natural gas stocks in underground storage is schedule for release at 10:30 a.m.
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Equities Trading UP 3D Systems Corporation (NYSE: DDD ) shares shot up 26 percent to $10.72 following strong preliminary results. Meanwhile, top gainers in the sector included NRG Energy Inc (NYSE: NRG ), up 4 percent, and Atlantic Power Corp (NYSE: AT ), up 4 percent. The company said it earned $2.42 per share in the fourth quarter on revenue of $15.3 billion versus expectations of $2.04 per share on revenue of $14.5 billion.
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Equities Trading UP 3D Systems Corporation (NYSE: DDD ) shares shot up 26 percent to $10.72 following strong preliminary results. The company said it earned $2.42 per share in the fourth quarter on revenue of $15.3 billion versus expectations of $2.04 per share on revenue of $14.5 billion. The eurozone's STOXX 600 fell 0.95 percent, the Spanish Ibex Index fell 0.95 percent, while Italy's FTSE MIB Index slipped 0.89 percent.
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Equities Trading UP 3D Systems Corporation (NYSE: DDD ) shares shot up 26 percent to $10.72 following strong preliminary results. The company said it earned $2.42 per share in the fourth quarter on revenue of $15.3 billion versus expectations of $2.04 per share on revenue of $14.5 billion. AxoGen, Inc. (NASDAQ: AXGN ) shares were also up, gaining 17 percent to $34.0611 as the company posted a narrower-than-expected quarterly loss.
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2018-03-01 00:00:00 UTC
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Dow Drops 20 Points as Powell Speaks Again
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DDD
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https://www.nasdaq.com/articles/dow-drops-20-points-powell-speaks-again-2018-03-01
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nan
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nan
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Maybe it won't be that bad after all for the U.S. stock market today.
Getty Images
Stocks were looking set to open much lower earlier this morning, but have since cut their losses. The S&P 500 has dipped just 0.1% to 2711.76 at 10:09 a.m. today. The Dow Jones Industrial Average futures is off just 20.59 points, or 0.1%, to 25,008.61 after futures were down more than 100 points earlier today. The Nasdaq Composite is off 0ff 0.3% at 7250.17.
Now, some might blame the selling on new Fed Chair Jerome Powell, whose comments about the strength of the U.S. economy started the selling on Tuesday. And wouldn't you know it--he's scheduled to talk again today. Rhino Trading's Michael Block, however, doesn't think Powell's the problem as nothing that he's said should have come as a surprise to anyone. Instead he points to the lack of progress on a big fiscal stimulus package, which could have big implications come November. "Any popularity that the GOP arguably got from the tax cuts is going to keep waning unless there's a shiny new stimulus bill to create jobs and better lives for everyone in Pennsylvania and Wisconsin," Block writes. "And whether justified or not, the prospect of the GOP losing the Senate and even the House is not going to be taken well by stocks."
Of course, Powell will have reams of economic data to cite if he's so inclined. The ISM Manufacturing survey, meanwhile, rose to 60.8% in February, the highest since 2004. Jobless claims fell to 210,000 last week, the lowest level since 1969. And yes, that was well below economist forecasts for 226,000. Consumer spending in January rose just 0.2%, below predictions for 0.3%, while PCE inflation index, the Fed's metric of choice, rose 0.4% in January, though only 1.7% year-over-year. "There is a wide disparity between PCE and CPI because of the breakdown between the two," writes Peter Boockvar, chief investment officer at Bleakley Advisory Group. "Because the Fed focuses on the one with a lower read, PCE, they feel they can take their time in adjusting rates. Policy would have been quite different if CPI was the followed measure. "
We'll see what Powell makes of it all. - Ben Levisohn
3D Systems (DDD) is up 14.2% to $10.85 after saying it expects an above-consensus fourth quarter but will delay filing its report. The 3D printer firm said it will earn between 3 cents and five cents a share on revenue of $176 million to $178 million, compared to the two cents per-share in earnings and $162.2 million in revenue analysts expected. It blamed the delay on accounting for revenue and costs related to product warranties. "We would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix," writes B. Riley FBR analyst Christopher Van Horn.
Anheuser-Busch InBev (BUD) is up 3.5% to $109.90 after the brewer said it earned $1.04 a share on revenue of $14.6 billion. Analysts were expecting looking for earnings of 99 cents a share on revenue of $14.5 billion. The company said its three major global brands, Budweiser, Stella Artois and Corona, grew revenue by 9.8% in fiscal 2017 and by 17.8% in the fourth quarter.
Best Buy (BBY) is up 3.8% to $75.16 on the heels of its fourth-quarter report. The electronics retailer said it earned $2.42 a share on revenue of $15.36 billion. Analysts were looking for earnings of $1.95 a share on $14.51 billion in revenue. For the full year, it sees earnings of $4.80 to $5 a share on revenue of $41 billion to $42 billion, compared to the consensus estimate of $4.72 a share on revenue of $40.89 billion. "At first glance, one of the most impressive performances in recent memory," writes Loop Capital analyst Anthony Chukumba. Best Buy's founder has been making some big stock sales lately, but the shares were a winner last year, and were also named the No. 3 most sustainable company on Barron's list, published last month. "
Box (BOX) is down 16.1% to $20.18 on the heels of its fourth-quarter earnings. The cloud software firm said it lost six cents a share on revenue of $136.7 million, compared to the 8 cent per-share loss and $136.6 million analysts expected. For the full year, it sees a loss of 16 cents to 20 cents a share on revenue of $602 million to $608 million. The Street is modeling for a 20 cent per-share loss on revenue of $625.7 million.
Kohl's (KSS) is up 2.1% to $67.50, on its fourth-quarter earnings. The department store said it earned $1.99 a share on revenue of $6.78 billion. Analysts were modeling for earnings of $1.77 a share on revenue of $6.74 billion. For the full year, Kohl's expects earnings of $4.95 to $5.95 a share, on revenue of $18.9 billion to $19.29 billion. Street estimates are $4.78 a share on revenue of $19.07 billion. Fellow department store Macy's (M) also reported upbeat earnings earlier this week that's buoyed the sector.
Bloomberg News
L Brands (LB) is down 7.2% to $45.67 following its fourth-quarter report. The Victoria Secret parent company said it earned $2.11 a share on revenue of $4.82 billion. Analysts expected earnings of $2.05 a share on revenue of $4.72 billion. However, investors honed in on its disappointing first quarter guidance, and for the full year it see sees earnings coming in between $2.95 and $3.25, compared to the $3.43 consensus. It's the second time this year that L Brands has tumbled on a weak forecast, which disappointed investors looking for progress in its turnaround, especially during an otherwise strong holiday shopping season. "The big surprise was 2018 guidance well below the Street and reflecting minimal EPS growth, which we expect to pressure the stock," writes MKM analyst Roxanne Meyer.
Monster Beverage (MNST) is down 6.9% to $59 following its fourth-quarter earnings. The energy drink maker earned 35 cents a share on revenue of $810.4 million. Analysts had modeling for earnings of 37 cents a share on revenue of $841.25 million. The selloff comes after a rise of more than 33% year to date for the stock, which also outperformed in 2017. It's also one fo the Barron's Next 50 stocks. "We believe concerns about MNST's fundamentals will dominate the N.T. narrative and expect shares to be under pressure," writes Wells Fargo analyst Bonnie Herzog.
Mylan (MYL) is up 2.6% to $41.35 following its fourth-quarter earnings. The drug maker said it earned $1.43 a share on revenue of $3.24 billion. Analysts had forecast earnings of $1.41 on revenue of $2.39 billion. For the full year it sees earnings between $5.20 and $5.60, on revenue of $11.75 billion to $13.25 billion. Consensus estimates are $5.39 a share in earnings on revenue of $12.75 billion. "There were no major surprises in the quarter," writes Leerink analyst Ami Fadia. And that appears to be enough.
Pinnacle Foods (PF) is down 2.2% to $52.75 on its fourth quarter earnings. The food maker earned 94 cents a share on revenue of $883.51 million. Analysts were looking for earnings of 94 cents a share on revenue of $896.5 million. For the full year, it said it will earn between $2.85 and $2.95 a share, above the $2.84 consensus.
Salesforce.com (CRM) is up 3.5% to $120.27 after its fourth-quarter report. The cloud computing giant said it earned 35 cents a share on revenue of $2.85 billion, above the 34 cents a share and $2.81 billion consensus. It provided upbeat guidance for the current quarter, and for the full year sees revenues coming in between $12.6 billion and $12.65 billion, up from its previous forecast of $12.45 billion to $12.5 billion. - Teresa Rivas
Carrizo Oil & Gas (CRZO) is up 2.2%to $14.42 after Jefferies upgraded the stock to Buy. The move comes after the energy firm sold off on its fourth-quarter report.
Twilio (TWLO) is up 1.7% to $34.75 after Bank of America Merrill Lynch upgraded it to Buy.
Campbell Soup (CPB) is down 1.4% to $42.44 after Piper Jaffray cut it to Underweight.
Navistar International (NAV) has risen 1.3% to $37.82 after getting upgraded to Overweight from Neutral at Piper Jaffray. - T.R.
The highway to the future is 18 miles of testing ground for eco-friendly technologies like solar energy, an electric vehicle charging station, a tire-pressure monitoring system - even a wheat farm.
Getty Images
Hint: It isn't in the San Francisco Bay Area, whose highways are pockmarked and badly in need of repair.
What's happening in the southwest corner of Georgia is The Ray, a public-private partnership that aspires to mold a chunk of Interstate 85 into the world's first restorative transportation corridor.
"We want to bring new innovation and sustainability to consumers," says Costas Simoglou, director of the Georgia Center of Innovation for Energy Technology. "We want them to experience in the real world."
The West Point Visitor Center near the Georgia-Alabama border offers a snapshot of the future. It's the site of Georgia's first solar-powered electric vehicle charging station, an automated tire pressure monitoring system and a solar-paved roadway. A wheat farm is located on a patch of land near the highway.
Solar panels doubling as highway noise-reducing barriers are expected to be added in the coming months.
The eclectic mix of tech and nature offers Georgia-based tech companies such as Wattway (solar roadway), WheelRight (tire pressure) and Kia Motors Manufacturing of Georgia a chance to test their automotive, green and other technologies on an active highway. Simoglou calls it a "living laboratory," as opposed to secretive labs that most tech companies shield behind air-tight security, nondisclosure agreements and the threat of lawsuits.
The South's road to the future is believed to be the first of its kind in the nation. Perhaps, sometime soon, the concept will wind its way to Silicon Valley, where innovation and invention are vigilantly tucked away. - Jon Swartz
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.
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"We would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix," writes B. Riley FBR analyst Christopher Van Horn. - Ben Levisohn 3D Systems (DDD) is up 14.2% to $10.85 after saying it expects an above-consensus fourth quarter but will delay filing its report. "The big surprise was 2018 guidance well below the Street and reflecting minimal EPS growth, which we expect to pressure the stock," writes MKM analyst Roxanne Meyer.
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- Ben Levisohn 3D Systems (DDD) is up 14.2% to $10.85 after saying it expects an above-consensus fourth quarter but will delay filing its report. "We would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix," writes B. Riley FBR analyst Christopher Van Horn. The 3D printer firm said it will earn between 3 cents and five cents a share on revenue of $176 million to $178 million, compared to the two cents per-share in earnings and $162.2 million in revenue analysts expected.
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- Ben Levisohn 3D Systems (DDD) is up 14.2% to $10.85 after saying it expects an above-consensus fourth quarter but will delay filing its report. "We would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix," writes B. Riley FBR analyst Christopher Van Horn. The 3D printer firm said it will earn between 3 cents and five cents a share on revenue of $176 million to $178 million, compared to the two cents per-share in earnings and $162.2 million in revenue analysts expected.
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- Ben Levisohn 3D Systems (DDD) is up 14.2% to $10.85 after saying it expects an above-consensus fourth quarter but will delay filing its report. "We would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix," writes B. Riley FBR analyst Christopher Van Horn. The Dow Jones Industrial Average futures is off just 20.59 points, or 0.1%, to 25,008.61 after futures were down more than 100 points earlier today.
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2018-03-01 00:00:00 UTC
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Technology Sector Update for 03/01/2018: DDD, NOK, ALGN, COB.LN
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DDD
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https://www.nasdaq.com/articles/technology-sector-update-03012018-ddd-nok-algn-cobln-2018-03-01
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nan
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nan
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Top Technology Stocks:
MSFT: +0.4%
AAPL: +0.3%
IBM: -0.2%
CSCO: +0.4%
GOOG: +0.4%
Technology shares were lower in pre-market trading on Thursday.
Expected movers:
- 3D Systems ( DDD ) said the filing of its annual report on Form-10K for its fiscal year ended Dec. 31, 2017, has been delayed
- Nokia ( NOK ) said it has been selected by Spectra, an internet service provider in India, for its IP/MPLS routing and GPON (Gigabit Passive Optical Network) fiber solutions
Other news:
- Align Technology ( ALGN ) denied late Wednesday SmileDirectClub's claim the launch and operation of its Invisalign store pilot program constitutes a breach of non-compete provisions of their agreement
News from overseas:
- Cobham PLC (COB.LN) reported a rise in revenue for 2017 and a swing to profit and despite the lack of dividend payment.
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.
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Expected movers: - 3D Systems ( DDD ) said the filing of its annual report on Form-10K for its fiscal year ended Dec. 31, 2017, has been delayed - Nokia ( NOK ) said it has been selected by Spectra, an internet service provider in India, for its IP/MPLS routing and GPON (Gigabit Passive Optical Network) fiber solutions Other news: - Align Technology ( ALGN ) denied late Wednesday SmileDirectClub's claim the launch and operation of its Invisalign store pilot program constitutes a breach of non-compete provisions of their agreement News from overseas: - Cobham PLC (COB.LN) reported a rise in revenue for 2017 and a swing to profit and despite the lack of dividend payment. Technology shares were lower in pre-market trading on Thursday. Unauthorized reproduction is strictly prohibited.
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Expected movers: - 3D Systems ( DDD ) said the filing of its annual report on Form-10K for its fiscal year ended Dec. 31, 2017, has been delayed - Nokia ( NOK ) said it has been selected by Spectra, an internet service provider in India, for its IP/MPLS routing and GPON (Gigabit Passive Optical Network) fiber solutions Other news: - Align Technology ( ALGN ) denied late Wednesday SmileDirectClub's claim the launch and operation of its Invisalign store pilot program constitutes a breach of non-compete provisions of their agreement News from overseas: - Cobham PLC (COB.LN) reported a rise in revenue for 2017 and a swing to profit and despite the lack of dividend payment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Expected movers: - 3D Systems ( DDD ) said the filing of its annual report on Form-10K for its fiscal year ended Dec. 31, 2017, has been delayed - Nokia ( NOK ) said it has been selected by Spectra, an internet service provider in India, for its IP/MPLS routing and GPON (Gigabit Passive Optical Network) fiber solutions Other news: - Align Technology ( ALGN ) denied late Wednesday SmileDirectClub's claim the launch and operation of its Invisalign store pilot program constitutes a breach of non-compete provisions of their agreement News from overseas: - Cobham PLC (COB.LN) reported a rise in revenue for 2017 and a swing to profit and despite the lack of dividend payment. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Expected movers: - 3D Systems ( DDD ) said the filing of its annual report on Form-10K for its fiscal year ended Dec. 31, 2017, has been delayed - Nokia ( NOK ) said it has been selected by Spectra, an internet service provider in India, for its IP/MPLS routing and GPON (Gigabit Passive Optical Network) fiber solutions Other news: - Align Technology ( ALGN ) denied late Wednesday SmileDirectClub's claim the launch and operation of its Invisalign store pilot program constitutes a breach of non-compete provisions of their agreement News from overseas: - Cobham PLC (COB.LN) reported a rise in revenue for 2017 and a swing to profit and despite the lack of dividend payment. Top Technology Stocks: Technology shares were lower in pre-market trading on Thursday.
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2018-03-01 00:00:00 UTC
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Tech Today: Box Plummets, Lumentum Rising, Pure, Nutanix on Tap
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DDD
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https://www.nasdaq.com/articles/tech-today-box-plummets-lumentum-rising-pure-nutanix-tap-2018-03-01
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nan
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nan
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Here are some some things going on today in your world of tech :
Sun finally shows up for Mobile World Congress
Just a few hours before the close of the Mobile World Congress in Barcelona, the sun finally came out. Pity all the people who flew home Wednesday, or Thursday morning, entirely missing the first nice day of weather. Those still traipsing the show had a chance to lounge in the outdoor areas.
Salesforce rising, Box plummets
Shares of cloud computing pioneer Box (BOX) are down $4.27, or almost 18%, at $19.79, compounding last night's after-hours losses, after the company yesterday afternoon reportedfiscal Q4 results that beat, but missed with its forecast for the quarter and the year. CEOand co-founderAaron Levietold Barron's that the "leading indicators" - things such as number of large deals signed last quarter - indicate the company can "re-acclerate" its revenue growth.
Box shares have gotten no ratings changes today, that I can see, and some bulls are making the case there is nothing fundamentally adverse in the weaker-than-expected outlook.
For example, Marshall Senk of Rosenblatt Securities reiterates a Buy rating, and a $25 price target, writing about numerous positive things he's gleaned of late about the business, including the rising contribution of overseas deals.
"Add on weakness" is his advice. "Overall, while the combination of conservatism and accounting changes may have impacted estimates we don't believe anything has changed fundamentally for Box," he writes. "We continue to believe that growth will accelerate in the back half of the year and into F20."
Shares of cloud computing pioneer Salesforce (CRM) are up up $4.42, or almost 4%, at 120.67, adding to gains from last night's after-hours session, after the company reportedfiscalQ4 results that topped analysts' expectations, and also increased its outlook for this year's revenue.
Share price targets are are rising this morning at several shops, into the $150 range.
Stifel Nicolaus's Tom Roderick, reiterating a Buy rating, and raising his price target to $142 from $120, writes that the quartet was emblematic of what's becoming an annual tradition, namely a "solid FQ4 print with bookings outperformance and a number of eight-figure deals." He's especially encouraged by remarks of Salesforce CEO Marc Benioff, who said that his conversations with Fortune 500 execs "have left him convinced that December's US tax plan has freed up additional capital, enabling digital transformation projects to sit at the top of the list of enterprise priorities."
"We think this bodes well, not only for salesforce.com but the entirety of our front-office applications software universe," writes Roderick.
3D Systems soars
Another one from yesterday's session is 3-D printer maker 3D Systems (DDD), whose shares are soaring after it offered an outlook for revenue for Q4 of $176 million to $178 million, which topped consensus for $162 million. Profit of 3 cents to 5 cents is also better than the average 2-cent estimate.
It's a bit bemusing for the analysts, as the company canceled its conference call last night after the call was already scheduled to start. It's delaying its filing of its 10-K report, citing accounting issues related to its warranties, though it believes those issues don't affect the outlook offered, it said.
3D Systems plans to give final results on March 14th.
B. Riley's Christopher Van Horn advises investors to stay away.
He reiterates a Sell rating, and a $7 price target, writing that "we would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix."
3D shares are up $1.54, or 16%, at $11.04.
Best Buy catching bids
Shares of Best Buy (BBY) are up $2.03, or 2.8%, at $74.47, after the company this morning reported fiscal Q4 revenue and profit that easily topped analysts' expectations, and forecast results this quarter, and for the full year, ahead of expectations.
Revenue in the three months ending in January rose 14%, year over year, to $15.4 billion, yielding EPS or $2.42. Analysts had been modeling $14.5 billion and $2.03 per share.
The company forecast revenue in a range of $8.65 billion to $8.75 billion, and EPS of 68 cents to 73 cents, versus consensus for $8.67 billion and 75 cents. For the full year, the company sees revenue of $41 billion to $42 billion, and EPS of $4.80 to $5, against the average estimate for $4.89 billion and $4.72 per share
Lumentum in catbird seat
B. Riley & Co.'s Dave Kang pounds the table for shares of Lumentum Holdings (LITE), after hosting investor meetings for the company's head of corporate development, Chris Coldren. The prime point is the company's VCSEL laser parts for " 3-D sensing " have expanding opportunities with the company's "lead customer," code for Apple (AAPL), which uses it for the " Face ID " feature of iPhone X.
Shares of Lumentum are up 85 cents, or 1.4%, at $61.85.
Cheers for Twilio, Arista
Shares of cloud communications infrastructure provider Twilio (TWLO) are up 37 cents, or 1%, at $34.53, after the stock was initiated with a Buy rating, and a $45 price target, by Merrill Lynch's analyst Nikolay Beliov, who believes the company has "a clear path to $1 billion in revenue," according to a write up of the report by TheFlyontheWall.
Shares of networking technology vendor Arista Networks (ANET) are down $1.77, or 0.7%, at $267.97, despite Needham & Co.'s Alex Henderson this morning reiterating a Buy rating, and a $315 price target, after meeting with the company, concluding that Arista is "hitting critical mass" as it takes share from Cisco Systems (CSCO).
With the company's "EOS" operating system software, " Cisco has no answer to Arista," he writes. Reflecting on the Q4 earnings report two weeks ago, whose forecast was somewhat disappointing, Henderson advises investors not to get hung up expecting rates of revenue growth of 40% to 50%, "at Arista's size." Instead, the company's intention to increase sales at 20% to 30% annually, "is reasonable and sustainable."
Pure, Nutanix earnings on tap
In tech earnings this afternoon, you can look forward to reports from virtualization titan VMware (VMW), data analysis tools vendor Splunk (SPLK),k fiber-optic component vendor NeoPhotonics (NPTN), "hybrid" compute vendor Nutanix (NTNX), and storage technology pioneer Pure Storage (PSTG).
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.
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He reiterates a Sell rating, and a $7 price target, writing that "we would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix." 3D Systems soars Another one from yesterday's session is 3-D printer maker 3D Systems (DDD), whose shares are soaring after it offered an outlook for revenue for Q4 of $176 million to $178 million, which topped consensus for $162 million. Stifel Nicolaus's Tom Roderick, reiterating a Buy rating, and raising his price target to $142 from $120, writes that the quartet was emblematic of what's becoming an annual tradition, namely a "solid FQ4 print with bookings outperformance and a number of eight-figure deals."
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3D Systems soars Another one from yesterday's session is 3-D printer maker 3D Systems (DDD), whose shares are soaring after it offered an outlook for revenue for Q4 of $176 million to $178 million, which topped consensus for $162 million. He reiterates a Sell rating, and a $7 price target, writing that "we would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix." Salesforce rising, Box plummets Shares of cloud computing pioneer Box (BOX) are down $4.27, or almost 18%, at $19.79, compounding last night's after-hours losses, after the company yesterday afternoon reportedfiscal Q4 results that beat, but missed with its forecast for the quarter and the year.
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3D Systems soars Another one from yesterday's session is 3-D printer maker 3D Systems (DDD), whose shares are soaring after it offered an outlook for revenue for Q4 of $176 million to $178 million, which topped consensus for $162 million. He reiterates a Sell rating, and a $7 price target, writing that "we would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix." For the full year, the company sees revenue of $41 billion to $42 billion, and EPS of $4.80 to $5, against the average estimate for $4.89 billion and $4.72 per share Lumentum in catbird seat B. Riley & Co.'s Dave Kang pounds the table for shares of Lumentum Holdings (LITE), after hosting investor meetings for the company's head of corporate development, Chris Coldren.
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3D Systems soars Another one from yesterday's session is 3-D printer maker 3D Systems (DDD), whose shares are soaring after it offered an outlook for revenue for Q4 of $176 million to $178 million, which topped consensus for $162 million. He reiterates a Sell rating, and a $7 price target, writing that "we would exit shares, especially on any strength in DDD between now and the 4Q17 earnings report date, because we believe that the story remains fundamentally challenging amid a highly competitive environment and potential pressure from mix." For example, Marshall Senk of Rosenblatt Securities reiterates a Buy rating, and a $25 price target, writing about numerous positive things he's gleaned of late about the business, including the rising contribution of overseas deals.
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2018-03-01 00:00:00 UTC
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Why 3D Systems Corporation Stock Just Jumped 14%
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-corporation-stock-just-jumped-14-2018-03-01
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nan
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nan
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What happened
One day after Stratasys Ltd. stock plunged 10% in response to an earnings beat ( but a guidance miss ), 3D Systems (NYSE: DDD) investors are having the opposite reaction to their 3D printing company's earnings news.
After reporting preliminary earnings last night, paired with a warning that it will be delaying its actual 10-K filing with the SEC, 3D shares jumped as much as 22% in early Thursday trading, and remain up 14.3% as of 11:25 a.m. EST.
So what
In its preliminary earnings report last night, 3D told investors that once all the numbers are in, it expects to report Q4 sales of between $176 million and $178 million -- up 6% to 7% from last year's Q4. Management expects to report a GAAP loss for the quarter of between $0.08 and $0.10 per share, worse than last year's $0.05 per share profit -- but pro forma profit of between $0.03 and $0.05 per share.
This would appear to exceed the $0.01 per share pro forma profit that Wall Street had been expecting. Sales, if they do come in at $176 million or better, will certainly exceed Wall Street's anticipated $162.1 million in Q4 sales.
This, in a nutshell, is what investors are reacting to today -- a big sales beat, and probably an earnings beat as well.
Now what
There's still the potential for investors to be disappointed when 3D files its official earnings results with the SEC. Management says that filing should happen by March 14, though, so we won't have to wait too long to find out.
In the meantime, management reassured investors that its delay in filing only relates to "accounting for revenue and costs related to product warranties" and "has no impact on 3D Systems' customers or the operations of the business." In fact, management tried to build those warranty costs into its preliminary report already, and so the report is probably accurate as-is.
In other words, if anything surprising emerges when the official filing is made two weeks from now, that's exactly what it will be: surprising.
10 stocks we like better than 3D Systems
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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.
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What happened One day after Stratasys Ltd. stock plunged 10% in response to an earnings beat ( but a guidance miss ), 3D Systems (NYSE: DDD) investors are having the opposite reaction to their 3D printing company's earnings news. After reporting preliminary earnings last night, paired with a warning that it will be delaying its actual 10-K filing with the SEC, 3D shares jumped as much as 22% in early Thursday trading, and remain up 14.3% as of 11:25 a.m. EST. Management says that filing should happen by March 14, though, so we won't have to wait too long to find out.
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What happened One day after Stratasys Ltd. stock plunged 10% in response to an earnings beat ( but a guidance miss ), 3D Systems (NYSE: DDD) investors are having the opposite reaction to their 3D printing company's earnings news. Management expects to report a GAAP loss for the quarter of between $0.08 and $0.10 per share, worse than last year's $0.05 per share profit -- but pro forma profit of between $0.03 and $0.05 per share. This would appear to exceed the $0.01 per share pro forma profit that Wall Street had been expecting.
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What happened One day after Stratasys Ltd. stock plunged 10% in response to an earnings beat ( but a guidance miss ), 3D Systems (NYSE: DDD) investors are having the opposite reaction to their 3D printing company's earnings news. So what In its preliminary earnings report last night, 3D told investors that once all the numbers are in, it expects to report Q4 sales of between $176 million and $178 million -- up 6% to 7% from last year's Q4. Management expects to report a GAAP loss for the quarter of between $0.08 and $0.10 per share, worse than last year's $0.05 per share profit -- but pro forma profit of between $0.03 and $0.05 per share.
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What happened One day after Stratasys Ltd. stock plunged 10% in response to an earnings beat ( but a guidance miss ), 3D Systems (NYSE: DDD) investors are having the opposite reaction to their 3D printing company's earnings news. So what In its preliminary earnings report last night, 3D told investors that once all the numbers are in, it expects to report Q4 sales of between $176 million and $178 million -- up 6% to 7% from last year's Q4. In fact, management tried to build those warranty costs into its preliminary report already, and so the report is probably accurate as-is.
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b5899be7-2368-45b4-9bee-320b71d029f0
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716939.0
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2018-03-01 00:00:00 UTC
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Technology Sector Update for 03/01/2018: ALGN,DDD,NOK
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DDD
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https://www.nasdaq.com/articles/technology-sector-update-03012018-algndddnok-2018-03-01
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nan
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nan
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Top Tech Stocks
MSFT -1.09%
AAPL -1.73%
IBM -1.24%
CSCO -2.24%
GOOG -3.06%
Technology stocks still were falling in recent trading, with shares of tech companies in the S&P 500 losing more than 1.6% Thursday while the Philadelphia semiconductor index was posting a nearly 1.7% decline.
Among technology stocks moving on news:
- Pattern Energy ( PEGI ) tumbled to a two-year low on Thursday, falling to its worst share price since late February 2016 at $17.50 each, after the solar-energy company swung to a Q4 net loss and also reported revenue trailing analyst estimates. Excluding one-time items, the company turned in an $0.08 per share net loss during the three months ended Dec. 31, missing the Capital IQ consensus expecting a $0.03 per share adjusted profit. Revenue rose to $110.7 million from $81.1 million last year but still lagging the $126.1 million Street view.
In other sector news:
+ 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Excluding one-time items, the company is expecting adjusted net income in a range of $0.01 to $0.03 per share on between $645 million to $647 million, topping Street views looking for a $0.03 adjusted net loss on $632.2 million in revenue for the 12 months ended Dec. 31. 3D Systems also is projecting adjusted Q4 net income beating analyst estimates expecting a $0.03 per share non-GAAP profit on 163.6 million in revenue by up to $0.02 per share and $12.4 million, respectively. The above-consensus forecasts followed the company this morning saying it was delaying filing its Form 10K annual report for 2017 to complete revenue and cost accounting related to its product warranties, adding those results will have no impact on customers or its business operations.
- Nokia ( NOK ) was edging lower again Thursday afternoon, with the handset manufacturer's shares swinging in a range roughly 1% either side of its $5.80 a share starting mark, that followed the company saying it was selected by Spectra to supply the Indian internet-services provider with IP/MPLS routing and Gigabit Passive Optical Network fiber equipment. Nokia also will providing its 7360 ISAM FX GPON system to Spectra in order to accelerate broadband speeds and accomodate future ultra-broadband services. Financial terms of the tranaction were not disclosed.
- Align Technology ( ALGN ) declined Thursday, falling over 5% to a session low of $248.11 a share, after late Wednesday denying the recent launch of its Invisalign pilot store program constitutes a breach of the non-compete and confidentiality provisions of its agreement with SmileDirectClub and SDC Financial LLC. Align owns a minority stake in SmileDirectClub and previously agreed to be SmileDirectClub's chief supplier of its non-Invisalign clear aligners. The two parties notified Align of the alleged breaches in February, contending those contract violations allows them to repurchase all of Align's membership interests in SDC Financial at a price equal to Align's current capital account balance. They also are demanding Align immediately shutter the pilot store. The dispute will be arbitrated if it is not resolved through negotiations, Align said.
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.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Among technology stocks moving on news: - Pattern Energy ( PEGI ) tumbled to a two-year low on Thursday, falling to its worst share price since late February 2016 at $17.50 each, after the solar-energy company swung to a Q4 net loss and also reported revenue trailing analyst estimates. The above-consensus forecasts followed the company this morning saying it was delaying filing its Form 10K annual report for 2017 to complete revenue and cost accounting related to its product warranties, adding those results will have no impact on customers or its business operations.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Excluding one-time items, the company turned in an $0.08 per share net loss during the three months ended Dec. 31, missing the Capital IQ consensus expecting a $0.03 per share adjusted profit. Excluding one-time items, the company is expecting adjusted net income in a range of $0.01 to $0.03 per share on between $645 million to $647 million, topping Street views looking for a $0.03 adjusted net loss on $632.2 million in revenue for the 12 months ended Dec. 31.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Excluding one-time items, the company is expecting adjusted net income in a range of $0.01 to $0.03 per share on between $645 million to $647 million, topping Street views looking for a $0.03 adjusted net loss on $632.2 million in revenue for the 12 months ended Dec. 31. 3D Systems also is projecting adjusted Q4 net income beating analyst estimates expecting a $0.03 per share non-GAAP profit on 163.6 million in revenue by up to $0.02 per share and $12.4 million, respectively.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Technology stocks still were falling in recent trading, with shares of tech companies in the S&P 500 losing more than 1.6% Thursday while the Philadelphia semiconductor index was posting a nearly 1.7% decline. Excluding one-time items, the company is expecting adjusted net income in a range of $0.01 to $0.03 per share on between $645 million to $647 million, topping Street views looking for a $0.03 adjusted net loss on $632.2 million in revenue for the 12 months ended Dec. 31.
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edbe2fa6-17f1-47ab-a5e3-cb6b9fcb5ffd
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716940.0
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2018-03-01 00:00:00 UTC
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Noteworthy Thursday Option Activity: INCY, DDD, CRC
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DDD
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-incy-ddd-crc-2018-03-01
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nan
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Incyte Corporation (Symbol: INCY), where a total volume of 18,676 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 107.1% of INCY's average daily trading volume over the past month, of 1.7 million shares. Particularly high volume was seen for the $110 strike call option expiring June 15, 2018 , with 4,661 contracts trading so far today, representing approximately 466,100 underlying shares of INCY. Below is a chart showing INCY's trailing twelve month trading history, with the $110 strike highlighted in orange:
3D Systems Corp. (Symbol: DDD) saw options trading volume of 22,710 contracts, representing approximately 2.3 million underlying shares or approximately 93% of DDD's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $10 strike put option expiring March 16, 2018 , with 2,037 contracts trading so far today, representing approximately 203,700 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $10 strike highlighted in orange:
And California Resources Corp (Symbol: CRC) options are showing a volume of 17,311 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 91.9% of CRC's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $13 strike put option expiring August 17, 2018 , with 3,025 contracts trading so far today, representing approximately 302,500 underlying shares of CRC. Below is a chart showing CRC's trailing twelve month trading history, with the $13 strike highlighted in orange:
For the various different available expirations for INCY options , DDD options , or CRC 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.
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Especially high volume was seen for the $10 strike put option expiring March 16, 2018 , with 2,037 contracts trading so far today, representing approximately 203,700 underlying shares of DDD. Below is a chart showing INCY's trailing twelve month trading history, with the $110 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) saw options trading volume of 22,710 contracts, representing approximately 2.3 million underlying shares or approximately 93% of DDD's average daily trading volume over the past month, of 2.4 million shares. Below is a chart showing DDD's trailing twelve month trading history, with the $10 strike highlighted in orange: And California Resources Corp (Symbol: CRC) options are showing a volume of 17,311 contracts thus far today.
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Below is a chart showing INCY's trailing twelve month trading history, with the $110 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) saw options trading volume of 22,710 contracts, representing approximately 2.3 million underlying shares or approximately 93% of DDD's average daily trading volume over the past month, of 2.4 million shares. Below is a chart showing DDD's trailing twelve month trading history, with the $10 strike highlighted in orange: And California Resources Corp (Symbol: CRC) options are showing a volume of 17,311 contracts thus far today. Especially high volume was seen for the $10 strike put option expiring March 16, 2018 , with 2,037 contracts trading so far today, representing approximately 203,700 underlying shares of DDD.
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Below is a chart showing INCY's trailing twelve month trading history, with the $110 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) saw options trading volume of 22,710 contracts, representing approximately 2.3 million underlying shares or approximately 93% of DDD's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $10 strike put option expiring March 16, 2018 , with 2,037 contracts trading so far today, representing approximately 203,700 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $10 strike highlighted in orange: And California Resources Corp (Symbol: CRC) options are showing a volume of 17,311 contracts thus far today.
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Below is a chart showing INCY's trailing twelve month trading history, with the $110 strike highlighted in orange: 3D Systems Corp. (Symbol: DDD) saw options trading volume of 22,710 contracts, representing approximately 2.3 million underlying shares or approximately 93% of DDD's average daily trading volume over the past month, of 2.4 million shares. Below is a chart showing CRC's trailing twelve month trading history, with the $13 strike highlighted in orange: For the various different available expirations for INCY options , DDD options , or CRC options , visit StockOptionsChannel.com. Especially high volume was seen for the $10 strike put option expiring March 16, 2018 , with 2,037 contracts trading so far today, representing approximately 203,700 underlying shares of DDD.
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05463096-89a4-46ed-85c8-aa119ac7fe0c
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716941.0
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2018-03-01 00:00:00 UTC
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Technology Sector Update for 03/01/2018: ALGN, DDD, NOK
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DDD
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https://www.nasdaq.com/articles/technology-sector-update-03012018-algn-ddd-nok-2018-03-01
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nan
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nan
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Top Tech Stocks
MSFT -0.59%
AAPL -0.70%
IBM -0.09%
CSCO -1.00%
GOOG -1.11%
Technology stocks were falling in recent trading, with shares of tech companies in the S&P 500 losing more than 0.6% in value Thursday while the Philadelphia semiconductor index was posting a nearly 0.4% decline.
Among technology stocks moving on news:
- Align Technology ( ALGN ) declined Thursday, falling over 5% to a session low of $248.11 a share, after late Wednesday denying the recent launch of its Invisalign pilot store program constitutes a breach of the non-compete and confidentiality provisions of its agreement with SmileDirectClub and SDC Financial LLC. Align owns a minority stake in SmileDirectClub and previously agreed to be SmileDirectClub's chief supplier of its non-Invisalign clear aligners. The two parties notified Align of the alleged breaches in February, contending those contract violations allows them to repurchase all of Align's membership interests in SDC Financial at a price equal to Align's current capital account balance. They also are demanding Align immediately shutter the pilot store. The dispute will be arbitrated if it is not resolved through negotiations, Align said.
In other sector news:
+ 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Excluding one-time items, the company is expecting adjusted net loss in a range of $0.01 to $0.03 per share on between $645 million to $647 million. Street views call for a $0.03 adjusted net loss on $632.2 million in revenue for the 12 months ended Dec. 31. 3D Systems also is projecting adjusted Q4 net income beating analyst estimates expecting a $0.03 per share non-GAAP profit on 163.6 million in revenue by up to $0.02 per share and $12.4 million, respectively. The above-consensus forecasts followed the company this morning saying it was delaying filing its Form 10K annual report for 2017 to complete revenue and cost accounting related to its product warranties, adding those results will have no impact on customers or its business operations.
- Nokia ( NOK ) was edging lower again Thursday afternoon, with the handset manufacturer's shares swinging in a range roughly 1% either side of its $5.80 a share starting mark, that followed the company saying it was selected by Spectra to supply the Indian internet-services provider with IP/MPLS routing and Gigabit Passive Optical Network fiber equipment. Nokia also will providing its 7360 ISAM FX GPON system to Spectra in order to accelerate broadband speeds and accomodate future ultra-broadband services. Financial terms of the tranaction were not disclosed.
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.
|
In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Technology stocks were falling in recent trading, with shares of tech companies in the S&P 500 losing more than 0.6% in value Thursday while the Philadelphia semiconductor index was posting a nearly 0.4% decline. The above-consensus forecasts followed the company this morning saying it was delaying filing its Form 10K annual report for 2017 to complete revenue and cost accounting related to its product warranties, adding those results will have no impact on customers or its business operations.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Technology stocks were falling in recent trading, with shares of tech companies in the S&P 500 losing more than 0.6% in value Thursday while the Philadelphia semiconductor index was posting a nearly 0.4% decline. Among technology stocks moving on news: - Align Technology ( ALGN ) declined Thursday, falling over 5% to a session low of $248.11 a share, after late Wednesday denying the recent launch of its Invisalign pilot store program constitutes a breach of the non-compete and confidentiality provisions of its agreement with SmileDirectClub and SDC Financial LLC.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Among technology stocks moving on news: - Align Technology ( ALGN ) declined Thursday, falling over 5% to a session low of $248.11 a share, after late Wednesday denying the recent launch of its Invisalign pilot store program constitutes a breach of the non-compete and confidentiality provisions of its agreement with SmileDirectClub and SDC Financial LLC. The two parties notified Align of the alleged breaches in February, contending those contract violations allows them to repurchase all of Align's membership interests in SDC Financial at a price equal to Align's current capital account balance.
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In other sector news: + 3D Systems ( DDD ) rallied Thursday, posting a nearly 22% advance to a session high of $11.56 a share, that followed the 3-D printer company issuing preliminary FY17 financial results exceeding the Capital IQ consensus. Technology stocks were falling in recent trading, with shares of tech companies in the S&P 500 losing more than 0.6% in value Thursday while the Philadelphia semiconductor index was posting a nearly 0.4% decline. Among technology stocks moving on news: - Align Technology ( ALGN ) declined Thursday, falling over 5% to a session low of $248.11 a share, after late Wednesday denying the recent launch of its Invisalign pilot store program constitutes a breach of the non-compete and confidentiality provisions of its agreement with SmileDirectClub and SDC Financial LLC.
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f62424d2-9b32-4a87-ad7e-d8a8687960a6
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716942.0
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2018-03-01 00:00:00 UTC
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Why U.S. Steel, 3D Systems, and Cleveland-Cliffs Jumped Today
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DDD
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https://www.nasdaq.com/articles/why-us-steel-3d-systems-and-cleveland-cliffs-jumped-today-2018-03-01
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nan
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nan
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The stock market plunged on Thursday, with the Dow falling more than 500 points at its worst moment during the day and sending other major benchmarks sharply downward by about 1.5% to 2%. Investors suddenly had to deal with unexpected events in the geopolitical and macroeconomic arenas, with some believing that actions taken by the White House could spark a trade war that would be potentially devastating to global commerce. Yet some companies, several of which could actually benefit from the move, managed to post gains despite the overall negative sentiment. U.S. Steel (NYSE: X) , 3D Systems (NYSE: DDD) , and Cleveland-Cliffs (NYSE: CLF) were among the best performers on the day. Below, we'll look more closely at these stocks to tell you why they did so well.
Steel tariffs lift producers
Shares of U.S. Steel jumped 6% on a strong day for steelmakers in general. President Trump said today that new tariffs on steel and aluminum imports will be in place as early as next week, with proposed rates of 25% on steel and 10% on the lighter metal. The White House's earlier proposal had drawn criticism from free trade groups, and the U.S. energy industry had opposed measures that would have required them to use American steel for pipeline construction and repair. Yet following today's announcement, investors in steel stocks believe that they could see at least temporary profit gains by being able to boost prices on the metal they sell.
3D Systems gives investors a boost
3D Systems stock climbed over 12.5% after the 3D printing specialist issued preliminary financial results. The company said that fourth-quarter revenue growth will likely be between 6% and 7% from year-ago levels, with adjusted earnings falling sharply. Investors weren't even upset about 3D Systems' decision to delay the formal filing of its annual report, as the company's CEO trumpeted strong growth in key areas like healthcare, metals, and software. Turnaround efforts are far from complete, but 3D Systems has confidence that it can keep making progress in 2018 and beyond.
Cleveland-Cliffs climbs higher
Finally, shares of Cleveland-Cliffs picked up 10% . The producer of iron ore is an indirect winner from the steel tariffs announced by the Trump administration today, because Cleveland-Cliffs provides substantial amounts of raw materials to steelmakers in order to help make their production possible. Also helping the company was its amendment to its asset-based lending facility, which has been increasingly important to ensure that Cleveland-Cliffs has the liquidity it needs. Commodity prices in the iron ore market will remain volatile, but investors are increasingly confident that Cleveland-Cliffs will be able to recover from the tough conditions that have prevailed in recent years.
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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.
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U.S. Steel (NYSE: X) , 3D Systems (NYSE: DDD) , and Cleveland-Cliffs (NYSE: CLF) were among the best performers on the day. The White House's earlier proposal had drawn criticism from free trade groups, and the U.S. energy industry had opposed measures that would have required them to use American steel for pipeline construction and repair. Investors weren't even upset about 3D Systems' decision to delay the formal filing of its annual report, as the company's CEO trumpeted strong growth in key areas like healthcare, metals, and software.
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U.S. Steel (NYSE: X) , 3D Systems (NYSE: DDD) , and Cleveland-Cliffs (NYSE: CLF) were among the best performers on the day. Steel tariffs lift producers Shares of U.S. Steel jumped 6% on a strong day for steelmakers in general. 3D Systems gives investors a boost 3D Systems stock climbed over 12.5% after the 3D printing specialist issued preliminary financial results.
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U.S. Steel (NYSE: X) , 3D Systems (NYSE: DDD) , and Cleveland-Cliffs (NYSE: CLF) were among the best performers on the day. Yet following today's announcement, investors in steel stocks believe that they could see at least temporary profit gains by being able to boost prices on the metal they sell. 3D Systems gives investors a boost 3D Systems stock climbed over 12.5% after the 3D printing specialist issued preliminary financial results.
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U.S. Steel (NYSE: X) , 3D Systems (NYSE: DDD) , and Cleveland-Cliffs (NYSE: CLF) were among the best performers on the day. Steel tariffs lift producers Shares of U.S. Steel jumped 6% on a strong day for steelmakers in general. The producer of iron ore is an indirect winner from the steel tariffs announced by the Trump administration today, because Cleveland-Cliffs provides substantial amounts of raw materials to steelmakers in order to help make their production possible.
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48eff5f1-6ff7-431c-bfb2-06851a6ec7b1
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716943.0
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2018-02-28 00:00:00 UTC
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Earnings Reaction History: 3D Systems Corporation, 66.7% Follow-Through Indicator, 11.3% Sensitive
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DDD
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https://www.nasdaq.com/articles/earnings-reaction-history-3d-systems-corporation-667-follow-through-indicator-113
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nan
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nan
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Expected Earnings Release: 02/28/2018, Premarket
Avg. Extended-Hours Dollar Volume: $1,609,331
3D Systems Corporation ( 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: 10.5%
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 10.5%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 57.1%
Average next regular session additional loss: 6.2%
Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% 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: 10.5% 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 10.5%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 57.1% Average next regular session additional loss: 6.2% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% by the following regular session close. Extended-Hours Dollar Volume: $1,609,331 3D Systems Corporation ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 10.5% 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 10.5%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 57.1% Average next regular session additional loss: 6.2% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% by the following regular session close. Extended-Hours Dollar Volume: $1,609,331 3D Systems Corporation ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 80% Average next regular session additional gain: 10.5% 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 10.5%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 57.1% Average next regular session additional loss: 6.2% Over that same historical period, when shares of DDD dropped in the extended-hours in reaction to its earnings announcement, history shows that 57.1% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 6.2% by the following regular session close. Extended-Hours Dollar Volume: $1,609,331 3D Systems Corporation ( DDD ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $1,609,331 3D Systems Corporation ( 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: 10.5% 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 10.5%. 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.
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7429c630-662b-4663-9fdb-e3eada720b4b
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716944.0
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2018-02-28 00:00:00 UTC
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3D Systems Corporation (DDD) Preliminary Q4 Earnings Released
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DDD
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https://www.nasdaq.com/articles/3d-systems-corporation-ddd-preliminary-q4-earnings-released-2018-02-28
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems Corporation (NYSE: DDD ) was not able to release its latest quarterly earnings results after hours Wednesday as the company faced a delay.
The 3D-printing company said that it is going through an accounting review, which prevented it from reporting on its fourth quarter and fiscal year 2017. The delay comes as the company says it needs more time to plan for new revenue-recognition parameters and how these relate to the company's product warranties.
3D Systems says that it projects to report a net loss of 8 cents to 10 cents per share for its fourth quarter. On an adjusted basis, this will amount to earnings of 3 cents to 5 cents per share, which is stronger than the adjusted earnings of a penny per share that analysts are calling for in their consensus estimate, according to data compiled by FactSet .
The company also sees its quarterly sales as being in the range of $176 million to $178 million, which is also well above the Wall Street outlook of $162.1 million, according to data compiled by FactSet.
3D Systems said that its official earnings report will not come until March 14 as the company will be filing its delayed annual report then. However, it looks like the 3D-printing company had a strong quarter and year that will help it gain momentum through the new fiscal year.
DDD stock skyrocketed 17.4% after the bell Wednesday.
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The post 3D Systems Corporation (DDD) Preliminary Q4 Earnings Released 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.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) was not able to release its latest quarterly earnings results after hours Wednesday as the company faced a delay. More From InvestorPlace 3 Robotics ETFs to Buy for Big, High-Tech Profits 10 Retirement Stocks That You Should Already Own 5 Hot Stocks With Huge Revenue Drivers Ahead Compare Brokers The post 3D Systems Corporation (DDD) Preliminary Q4 Earnings Released appeared first on InvestorPlace . DDD stock skyrocketed 17.4% after the bell Wednesday.
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More From InvestorPlace 3 Robotics ETFs to Buy for Big, High-Tech Profits 10 Retirement Stocks That You Should Already Own 5 Hot Stocks With Huge Revenue Drivers Ahead Compare Brokers The post 3D Systems Corporation (DDD) Preliminary Q4 Earnings Released 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. InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) was not able to release its latest quarterly earnings results after hours Wednesday as the company faced a delay.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) was not able to release its latest quarterly earnings results after hours Wednesday as the company faced a delay. More From InvestorPlace 3 Robotics ETFs to Buy for Big, High-Tech Profits 10 Retirement Stocks That You Should Already Own 5 Hot Stocks With Huge Revenue Drivers Ahead Compare Brokers The post 3D Systems Corporation (DDD) Preliminary Q4 Earnings Released appeared first on InvestorPlace . DDD stock skyrocketed 17.4% after the bell Wednesday.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) was not able to release its latest quarterly earnings results after hours Wednesday as the company faced a delay. DDD stock skyrocketed 17.4% after the bell Wednesday. More From InvestorPlace 3 Robotics ETFs to Buy for Big, High-Tech Profits 10 Retirement Stocks That You Should Already Own 5 Hot Stocks With Huge Revenue Drivers Ahead Compare Brokers The post 3D Systems Corporation (DDD) Preliminary Q4 Earnings Released appeared first on InvestorPlace .
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b8e850d0-3e1b-477c-87ad-7ddd9fcb2c84
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716945.0
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2018-02-26 00:00:00 UTC
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Healthcare, Vertex to Drive 3D Systems (DDD) Q4 Earnings?
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DDD
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https://www.nasdaq.com/articles/healthcare-vertex-to-drive-3d-systems-ddd-q4-earnings-2018-02-26
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nan
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nan
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3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell.
The company has a dismal earnings surprise history, with earnings missing estimates by a huge margin in three of the trailing four quarters. This resulted in an average negative surprise of 83.8%. Last quarter, the company's earnings missed estimates by 281.8%.
Let's see how things are shaping up prior to this announcement.
Factors to Consider
3D Systems is poised to grow on the back of its strong healthcare business, which has proved to be a profit churner in the past quarters. The company is enjoying steady demand for its healthcare solutions and industrial offerings as well as strength in the EMEA region. However, the demand remains constrained in the Americas and the Asia-Pacific region, which can hurt revenues in the upcoming quarterly results.
Nevertheless, the company continues to witness steady performance of its Software business. We expect the segment to be one of the positive growth drivers in the upcoming results.
The company's focus on strengthening foothold on 3D printing industry foothold is expected to present a favorable long-term opportunity. As a matter of fact, majority of 3D Systems customers are shifting from prototyping to end-use production using 3D printing technology, and the company believes it is well-positioned to aid customers in their transition. This apart, demand for production printers, materials and software is expected to act as a major catalyst and support growth.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
Moreover, the company has been making acquisitions to diversify offerings, add synergistic technology and expand domain expertise in operating markets. In January 2017, it announced the acquisition of dental materials provider, Vertex-Global Holding B.V., which operates under the Vertex and NextDent brands.
Concurrent with third-quarter 2017 results, the company announced that it has conducted a deep and extensive review of inventory based on year-to-date demand, customer data and market trends. Consequently, the company recorded a significant adjustment to inventory. It implemented organizational changes to improve execution as well as increased investments as it shifts to a worldwide go-to-market structure.
In light of such major transformational initiatives, the company decided that it is not able to predict earnings and sales numbers accurately, and has thus decided to withdraw guidance.
Further, 3D Systems successfully improved cost structure and optimized supply chain through concerted restructuring efforts. We believe that such diligent restructuring efforts are likely to boost fourth-quarter financials.
However, the fact remains that the company's financial performances have been hit by unfavorable broader market conditions. Particularly, revenues from 3D printing products and services were significantly undermined due to a widespread decline in industry demand. Other headwinds, including economic slowdown, inflation, currency fluctuations and commodity prices vagaries have also affected performance. These factors are expected to dent revenues in the upcoming quarter as well.
In addition, the company's high operating and acquisition costs have hurt its near-term operating income performance. Further, the company also believes that investment in IT and go-to-market initiatives will result in higher expenses, consequently restricting near-term operating income growth.
Earnings Whispers
Our proven model does not show that 3D Systems is likely to beat estimates in this quarter. This is because a stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or at least 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: The company's Earnings ESP is +115.39%, as the Most Accurate Estimate is 4 cents while the Zacks Consensus Estimate is pegged at 2 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Zacks Rank: 3D Systems has a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks That Warrant a Look
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this quarter:
Etsy, Inc. ETSY has an Earnings ESP of +31.34% and a Zacks Rank of 3. The company is expected to release quarterly numbers around Feb 27. You can see the complete list of today's Zacks #1 Rank stocks here.
Inogen, Inc. INGN , with an Earnings ESP of +25.30% and a Zacks Rank of 2, is slated to report results on Feb 27.
Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. The company is likely to release earnings on Feb 27.
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3D Systems Corporation (DDD): Free Stock Analysis Report
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Dillard's, Inc. (DDS): 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.
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3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Factors to Consider 3D Systems is poised to grow on the back of its strong healthcare business, which has proved to be a profit churner in the past quarters.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Moreover, the company has been making acquisitions to diversify offerings, add synergistic technology and expand domain expertise in operating markets.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Moreover, the company has been making acquisitions to diversify offerings, add synergistic technology and expand domain expertise in operating markets.
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3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Particularly, revenues from 3D printing products and services were significantly undermined due to a widespread decline in industry demand.
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891cb12c-57cd-451a-8bb4-f96fd7353bd8
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716946.0
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2018-02-25 00:00:00 UTC
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3 Things to Watch in the Stock Market This Week
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DDD
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https://www.nasdaq.com/articles/3-things-watch-stock-market-week-2018-02-25
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nan
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nan
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Stocks posted solid gains for the second straight week last week as strong earnings reports sent both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) higher by more than a full percentage point. Indexes are now back up by more than 2% since the start of the year.
^SPX data by YCharts .
Earnings season doesn't let up over the week ahead. In fact, dozens of big-name companies are set to announce their holiday-quarter results in the next few trading days.
Let's see what we can expect from the companies set to release some of the most anticipated earnings reports: Lowe's (NYSE: LOW) , 3D Systems (NYSE: DDD) , and TJX Companies (NYSE: TJX) .
Lowe's market share
Lowe's reports its earnings on Wednesday and, given the recent stellar performance from Home Depot (NYSE: HD) , its results should show healthy growth powered by a robust home improvement market. However, Lowe's isn't benefiting from the industry gains to nearly the same degree as Home Depot.
Comparable-store sales are on track to rise by just 3.5% for 2017, while Home Depot managed roughly twice that expansion pace. Lowe's is trailing its bigger rival on key financial metrics, too, including operating margin and return on invested capital.
Investors will be watching the retailer's customer traffic figure, since that has been a persistent area of weakness for much of 2017. It's a metric that CEO Robert Niblock and his team have vowed to improve, but traffic slipped to below 1% in the third quarter from 3% in the prior quarter. Without evidence of a rebound on that number, Lowe's 2018 comps forecast is likely to imply more market-share losses in the year ahead.
3D Systems' sales forecast
Slated for release following the market close on Wednesday, 3D Systems' fourth-quarter report isn't likely to wow investors. After all, the 3D printing specialist's last quarterly showing was marked by shrinking sales, diving profitability, and an operating loss that worsened to $32 million from $22 million a year ago. Executives warned at the time that it had become so difficult to predict operating trends that they were withdrawing their 2017 guidance .
Thus, investors have low expectations for the fourth quarter. Specifically, shareholders are hoping to see an improvement in the pace of sales declines for the core 3D printer segment, but that's a tall order given the aggressive competition in the industry.
Cost cuts will likely feature prominently in this week's report, too, as executives struggle to bring the company closer to profitability. 3D Systems should provide an update on its new Figure 4 system. The product's launch has been delayed into the first half of 2018, and we'll find out this week whether executives stand by the delayed timeline.
TJ Maxx Companies' customer traffic
Off-price retailer TJX Companies, which owns the popular TJ Maxx, Marshalls, and HomeGoods banners, will announce its holiday-quarter results on Wednesday morning. Investors are skittish heading into this report, since sales growth slowed to a halt in the third quarter after expanding by 3% in the prior quarter.
Executives blamed hurricane store closures and unseasonably warm weather for that decline, and they cited a few metrics that support the idea that their operating trends should bounce back into modestly positive territory. Customer traffic was positive across all its retailing segments, for example, and TJX Companies saw a slight uptick in profitability as gross margin improved to 29.8% of sales from 29.5%.
Overall, management is targeting comps of between 1% and 2% for the fourth quarter. The retailer might forecast roughly the same pace of growth for 2018, and those returns should be bolstered by a quickly growing dividend payment.
10 stocks we like better than 3D Systems
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*Stock Advisor returns as of February 5, 2018
Demitrios Kalogeropoulos owns shares of Home Depot. The Motley Fool has the following options: short May 2018 $175 calls on Home Depot and long January 2020 $110 calls on Home Depot. The Motley Fool recommends 3D Systems, Home Depot, Lowe's, and The TJX Companies. 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.
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Let's see what we can expect from the companies set to release some of the most anticipated earnings reports: Lowe's (NYSE: LOW) , 3D Systems (NYSE: DDD) , and TJX Companies (NYSE: TJX) . Specifically, shareholders are hoping to see an improvement in the pace of sales declines for the core 3D printer segment, but that's a tall order given the aggressive competition in the industry. Executives blamed hurricane store closures and unseasonably warm weather for that decline, and they cited a few metrics that support the idea that their operating trends should bounce back into modestly positive territory.
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Let's see what we can expect from the companies set to release some of the most anticipated earnings reports: Lowe's (NYSE: LOW) , 3D Systems (NYSE: DDD) , and TJX Companies (NYSE: TJX) . TJ Maxx Companies' customer traffic Off-price retailer TJX Companies, which owns the popular TJ Maxx, Marshalls, and HomeGoods banners, will announce its holiday-quarter results on Wednesday morning. The Motley Fool recommends 3D Systems, Home Depot, Lowe's, and The TJX Companies.
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Let's see what we can expect from the companies set to release some of the most anticipated earnings reports: Lowe's (NYSE: LOW) , 3D Systems (NYSE: DDD) , and TJX Companies (NYSE: TJX) . Lowe's market share Lowe's reports its earnings on Wednesday and, given the recent stellar performance from Home Depot (NYSE: HD) , its results should show healthy growth powered by a robust home improvement market. The Motley Fool recommends 3D Systems, Home Depot, Lowe's, and The TJX Companies.
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Let's see what we can expect from the companies set to release some of the most anticipated earnings reports: Lowe's (NYSE: LOW) , 3D Systems (NYSE: DDD) , and TJX Companies (NYSE: TJX) . Without evidence of a rebound on that number, Lowe's 2018 comps forecast is likely to imply more market-share losses in the year ahead. Customer traffic was positive across all its retailing segments, for example, and TJX Companies saw a slight uptick in profitability as gross margin improved to 29.8% of sales from 29.5%.
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3b72f2fc-ce5f-483b-ba28-2e3939d16979
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716947.0
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2018-02-21 00:00:00 UTC
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Notable Wednesday Option Activity: DDD, ALGN, AMGN
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DDD
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https://www.nasdaq.com/articles/notable-wednesday-option-activity-ddd-algn-amgn-2018-02-21
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in 3D Systems Corp. (Symbol: DDD), where a total of 12,081 contracts have traded so far, representing approximately 1.2 million underlying shares. That amounts to about 47.9% of DDD's average daily trading volume over the past month of 2.5 million shares. Particularly high volume was seen for the $15 strike put option expiring March 16, 2018 , with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $15 strike highlighted in orange:
Align Technology Inc (Symbol: ALGN) saw options trading volume of 7,093 contracts, representing approximately 709,300 underlying shares or approximately 46.6% of ALGN's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $235 strike put option expiring February 23, 2018 , with 1,247 contracts trading so far today, representing approximately 124,700 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $235 strike highlighted in orange:
And Amgen Inc (Symbol: AMGN) saw options trading volume of 20,610 contracts, representing approximately 2.1 million underlying shares or approximately 42.9% of AMGN's average daily trading volume over the past month, of 4.8 million shares. Particularly high volume was seen for the $170 strike put option expiring March 16, 2018 , with 3,465 contracts trading so far today, representing approximately 346,500 underlying shares of AMGN. Below is a chart showing AMGN's trailing twelve month trading history, with the $170 strike highlighted in orange:
For the various different available expirations for DDD options , ALGN options , or AMGN 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.
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Particularly high volume was seen for the $15 strike put option expiring March 16, 2018 , with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of DDD. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in 3D Systems Corp. (Symbol: DDD), where a total of 12,081 contracts have traded so far, representing approximately 1.2 million underlying shares. That amounts to about 47.9% of DDD's average daily trading volume over the past month of 2.5 million shares.
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Particularly high volume was seen for the $15 strike put option expiring March 16, 2018 , with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $15 strike highlighted in orange: Align Technology Inc (Symbol: ALGN) saw options trading volume of 7,093 contracts, representing approximately 709,300 underlying shares or approximately 46.6% of ALGN's average daily trading volume over the past month, of 1.5 million shares. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in 3D Systems Corp. (Symbol: DDD), where a total of 12,081 contracts have traded so far, representing approximately 1.2 million underlying shares.
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in 3D Systems Corp. (Symbol: DDD), where a total of 12,081 contracts have traded so far, representing approximately 1.2 million underlying shares. Below is a chart showing DDD's trailing twelve month trading history, with the $15 strike highlighted in orange: Align Technology Inc (Symbol: ALGN) saw options trading volume of 7,093 contracts, representing approximately 709,300 underlying shares or approximately 46.6% of ALGN's average daily trading volume over the past month, of 1.5 million shares. That amounts to about 47.9% of DDD's average daily trading volume over the past month of 2.5 million shares.
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Particularly high volume was seen for the $15 strike put option expiring March 16, 2018 , with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $15 strike highlighted in orange: Align Technology Inc (Symbol: ALGN) saw options trading volume of 7,093 contracts, representing approximately 709,300 underlying shares or approximately 46.6% of ALGN's average daily trading volume over the past month, of 1.5 million shares. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in 3D Systems Corp. (Symbol: DDD), where a total of 12,081 contracts have traded so far, representing approximately 1.2 million underlying shares.
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bdaba800-d28d-439c-90b4-39a4a337de30
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716948.0
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2018-02-19 00:00:00 UTC
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3D Systems Earnings Preview: What to Watch
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DDD
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https://www.nasdaq.com/articles/3d-systems-earnings-preview-what-watch-2018-02-19
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nan
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nan
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3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2017 earnings after the market close on Wednesday, Feb. 28. Prime rival Stratasys is on deck to report on the same day, though before the market open.
Shares of 3D Systems are up 17.5% so far in 2018 through Feb. 16, but are in the red 40.7% for the one-year period through this same date. For context, the S&P 500 has returned 18.5% over the last year, while Stratasys stock is flat.
Benchmark quarterly numbers
Here are the year-ago quarterly results to use as benchmarks.
Data source: 3D Systems.
For context -- though long-term investors shouldn't place too much importance on Wall Street's near-term estimates -- analysts expect 3D Systems to deliver adjusted EPS of $0.01 on revenue of $162.1 million, representing declines of 93% and 2.3%, respectively, over the year-ago quarter.
3D Systems is going into its report following a particularly tough quarter. In the third quarter , the company's year-over-year revenue dipped 2.2%, its loss per share on the basis of generally accepted accounting principles ( GAAP ) widened, and its per-share results adjusted for one-time factors turned negative from a positive in the year-ago quarter. Earnings were negatively affected by a $12.9 million inventory writedown associated with legacy products and parts, along with execution issues in the Americas and Asia-Pacific and pricing pressures in select businesses, notably metals and on-demand 3D printing. Moreover, the company withdrew its full-year 2017 guidance, citing the unpredictability stemming from the legacy product quality and reliability issues.
Along with the headline numbers, here's what to focus on in the report.
1. 3D printer sales
Since 2015, along with Stratasys, 3D Systems has been struggling to grow revenue from sales of 3D printers. Here's what the company's more recent 3D printer revenue picture looks like:
Q3 2017: Decline of 11% year over year
Q2 2017: Decline of 14%
Q1 2017: Decline of 4%
Full-year 2016: Decline of 21%
In 2015, the main reason for the slowdown in sales was likely overcapacity in the field due to robust 3D printer sales in the preceding few years. Increased competitive pressures are now a factor. In 2016, two compelling new entrants -- HP Inc. and venture-backed Carbon -- launched fast polymer 3D printers for the enterprise market.
Sales of 3D printers are central to 3D Systems' razor-and-blade-like business model because they drive sales of high-margin print materials, as well as maintenance contracts.
2. Figure 4 outlook
On the second-quarter earnings call, CEO Vyomesh Joshi said, "And I believe that [by] the fourth quarter, we will have revenue in the Figure 4 technology." However, on last quarter's call, he said that the company plans to launch its Figure 4 platform during the first half of 2018. So investors should't expect to see any revenue in the fourth-quarter results from Figure 4 sales. Figure 4 is a modular and scalable stereolithography (SLA) 3D printing system designed for the production of polymer parts. 3D Systems claims that it's up to 50 times faster than conventional SLA 3D printing systems, and that the underlying technology opens up a wide range of materials possibilities.
A slight pushback in the timeline is no matter. Joshi has always maintained that the "significant" revenue from Figure 4 would come in 2018. As we'll be two months into the year when its fourth-quarter results are released, investors should expect an update as to the launch and outlook. Figure 4 is extremely important to the company's long-term success. This system is 3D Systems' entry into the speedy 3D printer ranks, and meant as competition to the 3D printing systems that HP and Carbon have launched.
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 tripled 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 February 5, 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.
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3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2017 earnings after the market close on Wednesday, Feb. 28. For context -- though long-term investors shouldn't place too much importance on Wall Street's near-term estimates -- analysts expect 3D Systems to deliver adjusted EPS of $0.01 on revenue of $162.1 million, representing declines of 93% and 2.3%, respectively, over the year-ago quarter. Earnings were negatively affected by a $12.9 million inventory writedown associated with legacy products and parts, along with execution issues in the Americas and Asia-Pacific and pricing pressures in select businesses, notably metals and on-demand 3D printing.
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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 2017 earnings after the market close on Wednesday, Feb. 28. Here's what the company's more recent 3D printer revenue picture looks like: Q3 2017: Decline of 11% year over year Q2 2017: Decline of 14% Q1 2017: Decline of 4% Full-year 2016: Decline of 21% In 2015, the main reason for the slowdown in sales was likely overcapacity in the field due to robust 3D printer sales in the preceding few years.
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3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2017 earnings after the market close on Wednesday, Feb. 28. 3D printer sales Since 2015, along with Stratasys, 3D Systems has been struggling to grow revenue from sales of 3D printers. Here's what the company's more recent 3D printer revenue picture looks like: Q3 2017: Decline of 11% year over year Q2 2017: Decline of 14% Q1 2017: Decline of 4% Full-year 2016: Decline of 21% In 2015, the main reason for the slowdown in sales was likely overcapacity in the field due to robust 3D printer sales in the preceding few years.
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3D Systems (NYSE: DDD) is slated to report its fourth-quarter and full-year 2017 earnings after the market close on Wednesday, Feb. 28. 3D Systems is going into its report following a particularly tough quarter. So investors should't expect to see any revenue in the fourth-quarter results from Figure 4 sales.
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02834654-6d69-465d-aa92-394411ee9670
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716949.0
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2018-02-19 00:00:00 UTC
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Stratasys Earnings Preview: What to Watch Next Week
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DDD
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https://www.nasdaq.com/articles/stratasys-earnings-preview-what-watch-next-week-2018-02-19
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nan
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nan
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Stratasys Ltd. (NASDAQ: SSYS) is slated to report its fourth-quarter and full-year 2017 earnings before the market open on Wednesday, Feb. 28.
Main rival and fellow diversified 3D printing player 3D Systems (NYSE: DDD) is also scheduled to report the same day -- but after the market close, which should make for an interesting day for 3D printing investors.
Stratasys stock is flat for the one-year period through Feb. 16. For context, the S&P 500 has returned 18.5% over this period, while shares of 3D Systems have plummeted 40.7%.
Key numbers
Here are Stratasys' year-ago results and Wall Street analysts' estimates to use as benchmarks.
Data sources: Stratasys and Yahoo! Finance.
Unlike 3D Systems, Stratasys has been doing a good job at meeting or beating Wall Street's earnings estimates so far in 2017. In both the second and third quarters , it easily beat the consensus, while in the first quarter it met expectations. The company did, however, fall short of Wall Street's revenue expectation last quarter, with CEO Ilan Levin saying "Our revenue for the third quarter was partially impacted by several large, multi-system orders that were deferred until October." This revenue should be in the Q4 results.
Beyond the headline numbers, here's what to focus on in Stratasys' report.
3D printer sales
Ideally, investors would like to see a year-over-year increase in revenue generated from 3D printer sales. More realistically, however, even flat sales would be an improvement. Here's Stratasys' 3D printer revenue picture for the last four quarters:
Q3 2017: Decline of 6% year over year
Q2 2017: Decline of 6%
Q1 2017: Decline of 11%
Q4 2016: Decline of 4%
For three years, both Stratasys and 3D Systems have been struggling to grow revenue, driven by issues selling their 3D printers. Initially, the primary reason seemed to be that there was a glut of 3D printers in the field due to the companies' strong sales of them in the preceding couple of years. Since 2016, however, increased competition has become a factor, possibly even the primary one. HP Inc. and well-funded start-up Carbon both launched compelling polymer 3D printers for the enterprise market in 2016.
Sales of 3D printers are crucial to Stratasys' razor-and-blade-like business model : Sales of printers drive recurring revenue from sales of the high-margin print materials, along with maintenance contracts.
Progress on next-generation 3D printing technologies
Investors can probably expect management to give an update on the progress Stratasys is making on its next-generation 3D printing technologies targeted at manufacturing applications: Infinite Build (the commercialized version has been renamed), Robotic Composite, and Continuous Build.
Last quarter, management said that the company recently began transitioning into the commercializing phase of the H2000 Large Part FDM 3D Production System. (The demonstrator was called Infinite Build.) Management noted that Stratasys recently delivered a system to a new customer, which it didn't name, following installations on the sites of its development partners, Boeing and Ford. The H2000 system is designed to make large engineering-grade plastic parts, including aircraft interior panels, hybrid structures, and composite tooling.
In short, Stratasys has been doing a commendable job of improving its bottom line by increasing efficiencies. Eventually, however, the company needs to increase revenue in order to grow its earnings. Investors need to see some top-line growth or at least indications that such growth is on the horizon.
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Beth McKenna has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Ford. 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.
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Main rival and fellow diversified 3D printing player 3D Systems (NYSE: DDD) is also scheduled to report the same day -- but after the market close, which should make for an interesting day for 3D printing investors. Initially, the primary reason seemed to be that there was a glut of 3D printers in the field due to the companies' strong sales of them in the preceding couple of years. Management noted that Stratasys recently delivered a system to a new customer, which it didn't name, following installations on the sites of its development partners, Boeing and Ford.
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Main rival and fellow diversified 3D printing player 3D Systems (NYSE: DDD) is also scheduled to report the same day -- but after the market close, which should make for an interesting day for 3D printing investors. Here's Stratasys' 3D printer revenue picture for the last four quarters: Q3 2017: Decline of 6% year over year Q2 2017: Decline of 6% Q1 2017: Decline of 11% Q4 2016: Decline of 4% For three years, both Stratasys and 3D Systems have been struggling to grow revenue, driven by issues selling their 3D printers. Progress on next-generation 3D printing technologies Investors can probably expect management to give an update on the progress Stratasys is making on its next-generation 3D printing technologies targeted at manufacturing applications: Infinite Build (the commercialized version has been renamed), Robotic Composite, and Continuous Build.
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Main rival and fellow diversified 3D printing player 3D Systems (NYSE: DDD) is also scheduled to report the same day -- but after the market close, which should make for an interesting day for 3D printing investors. Here's Stratasys' 3D printer revenue picture for the last four quarters: Q3 2017: Decline of 6% year over year Q2 2017: Decline of 6% Q1 2017: Decline of 11% Q4 2016: Decline of 4% For three years, both Stratasys and 3D Systems have been struggling to grow revenue, driven by issues selling their 3D printers. Sales of 3D printers are crucial to Stratasys' razor-and-blade-like business model : Sales of printers drive recurring revenue from sales of the high-margin print materials, along with maintenance contracts.
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Main rival and fellow diversified 3D printing player 3D Systems (NYSE: DDD) is also scheduled to report the same day -- but after the market close, which should make for an interesting day for 3D printing investors. Progress on next-generation 3D printing technologies Investors can probably expect management to give an update on the progress Stratasys is making on its next-generation 3D printing technologies targeted at manufacturing applications: Infinite Build (the commercialized version has been renamed), Robotic Composite, and Continuous Build. Last quarter, management said that the company recently began transitioning into the commercializing phase of the H2000 Large Part FDM 3D Production System.
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332806d6-54b3-4e17-8b23-3143ab729dd8
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716950.0
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2018-02-09 00:00:00 UTC
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Technology Sector Update for 02/09/2018: GOOG,GOOGL,HMNY,TSM,DDD
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DDD
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https://www.nasdaq.com/articles/technology-sector-update-02092018-googgooglhmnytsmddd-2018-02-09
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nan
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nan
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Top Tech Stocks
MSFT +4.02%
AAPL +1.27%
IBM +1.65%
CSCO +2.61%
GOOG +3.67%
Technology stocks outperformed most other sectors on Friday, with shares of tech companies in the S&P 500 jumping out to a nearly 2.9% gainwhile the Philadelphia semiconductor index was up slightly more than 2.6%.
Among technology stocks moving on news:
+ Alphabet (GOOG,GOOGL) was more than 2% higher shortly before Friday's closing bell after the technology conglomerate reportedly has settled a patent infringement fight between its Waymo self-driving car unit and privately held Uber, according to CNBC. Under the terms of the deal, Uber agreed not to keep Waymo confidential information out of its self-driving vehicles and will also provide Waymo with a 0.34% equity stake, worth about $245 million based on Uber's recent $72 billion valuation. The dispute began in early 2017 when Waymo accused Uber of acquiring some of its trade secrets after it buying a startup company run by a former Waymo engineer.
In other sector news:
+ Taiwan Semiconductor ( TSM ) still was narrowly higher late Friday after earlier reporting a 4.1% increase in revenue during January compared with year-ago levels, reaching NT$79.74 billion, or about $2.72 billion.
- 3D Systems ( DDD ) was staying near its $9.46 per share session low that followed analysts at JP Morgan Friday lowering their investment recommendation for the company's stock to Underweight from Neutral while also setting a $11 price target.
- Helios and Matheson Analytics ( HMNY ) fell hard on Friday, sinking more than 7%, after saying its shareholders recently voted to allow it to issue up to 500 million shares of its common stock, up from the company's current authorization limit of 100 million shares. The proposal received support from 10.74 million - or about 91.3% - of the 11.76 million total shares cast at Monday's meeting, according to Form 8-K filing Thursday night.
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.
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- 3D Systems ( DDD ) was staying near its $9.46 per share session low that followed analysts at JP Morgan Friday lowering their investment recommendation for the company's stock to Underweight from Neutral while also setting a $11 price target. Technology stocks outperformed most other sectors on Friday, with shares of tech companies in the S&P 500 jumping out to a nearly 2.9% gainwhile the Philadelphia semiconductor index was up slightly more than 2.6%. Among technology stocks moving on news: + Alphabet (GOOG,GOOGL) was more than 2% higher shortly before Friday's closing bell after the technology conglomerate reportedly has settled a patent infringement fight between its Waymo self-driving car unit and privately held Uber, according to CNBC.
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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 staying near its $9.46 per share session low that followed analysts at JP Morgan Friday lowering their investment recommendation for the company's stock to Underweight from Neutral while also setting a $11 price target. Technology stocks outperformed most other sectors on Friday, with shares of tech companies in the S&P 500 jumping out to a nearly 2.9% gainwhile the Philadelphia semiconductor index was up slightly more than 2.6%.
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- 3D Systems ( DDD ) was staying near its $9.46 per share session low that followed analysts at JP Morgan Friday lowering their investment recommendation for the company's stock to Underweight from Neutral while also setting a $11 price target. Among technology stocks moving on news: + Alphabet (GOOG,GOOGL) was more than 2% higher shortly before Friday's closing bell after the technology conglomerate reportedly has settled a patent infringement fight between its Waymo self-driving car unit and privately held Uber, according to CNBC. Under the terms of the deal, Uber agreed not to keep Waymo confidential information out of its self-driving vehicles and will also provide Waymo with a 0.34% equity stake, worth about $245 million based on Uber's recent $72 billion valuation.
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- 3D Systems ( DDD ) was staying near its $9.46 per share session low that followed analysts at JP Morgan Friday lowering their investment recommendation for the company's stock to Underweight from Neutral while also setting a $11 price target. Technology stocks outperformed most other sectors on Friday, with shares of tech companies in the S&P 500 jumping out to a nearly 2.9% gainwhile the Philadelphia semiconductor index was up slightly more than 2.6%. Under the terms of the deal, Uber agreed not to keep Waymo confidential information out of its self-driving vehicles and will also provide Waymo with a 0.34% equity stake, worth about $245 million based on Uber's recent $72 billion valuation.
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08b7df4e-e8fc-41f2-96ff-23152c60c770
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716951.0
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2018-02-07 00:00:00 UTC
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The DDD Paradox: Analysts Bearish But Forecast 22.62% Gains
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DDD
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https://www.nasdaq.com/articles/ddd-paradox-analysts-bearish-forecast-2262-gains-2018-02-07
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nan
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nan
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD). The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $11.83/share. That's a whopping 22.62% above where DDD has been trading recently at $9.65/share. With this kind of capital gain potential (should DDD reach that price target), one might expect to see a high concentration of "buy" or even "strong buy" ratings on the stock. Yet, take a look at the bearishness:
The average rating presented in the last row of the table above is from 1 to 5, where 1 would be a consensus Strong Buy and 5 would be a consensus Strong Sell. In the middle, 3 would be a Hold. So anything above 3 leans toward Sell as the average analyst sentiment. The average rating of 3.42 for DDD leans towards Sell, yet the DDD price target paints a different picture. Clearly, there is something more to the story here that is worth investigating for investors looking at 3D Systems Corp. . Of course, the average price target is just that - a mathematical average, and is only one metric. There are analysts with lower targets than the average, including one looking for a price of $7.00. And then on the other side of the spectrum one analyst has a target as high as $18.00. The standard deviation is $3.674.
But the whole reason to look at the average in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes - much like with guessing the number of jelly beans in a jar, where the average guess tends to be very close. And so with DDD trading so far below that average target price of $11.83/share, the 22.62% upside to that average target does seem to be a paradox against the bearish analyst ratings. Might analysts be behind the curve with their targets and downward adjustments are forthcoming? Or, is it time for some of these analysts to turn bullish and upgrade? One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. . This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on DDD - FREE .
10 ETFs With Most Upside To Analyst Targets »
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.
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD). One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. . The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $11.83/share.
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The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $11.83/share. The average rating of 3.42 for DDD leans towards Sell, yet the DDD price target paints a different picture. Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD).
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The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $11.83/share. The average rating of 3.42 for DDD leans towards Sell, yet the DDD price target paints a different picture. And so with DDD trading so far below that average target price of $11.83/share, the 22.62% upside to that average target does seem to be a paradox against the bearish analyst ratings.
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The average rating of 3.42 for DDD leans towards Sell, yet the DDD price target paints a different picture. And so with DDD trading so far below that average target price of $11.83/share, the 22.62% upside to that average target does seem to be a paradox against the bearish analyst ratings. One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. .
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5c8de312-6605-45fd-b81b-46f689687ced
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716952.0
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2018-01-17 00:00:00 UTC
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Why Exact Sciences, A10 Networks, and 3D Systems Slumped Today
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DDD
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https://www.nasdaq.com/articles/why-exact-sciences-a10-networks-and-3d-systems-slumped-today-2018-01-17
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nan
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nan
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The stock market surged on Wednesday as investors followed the familiar playbook of buying on even the most modest of dips. After closing lower Tuesday, major benchmarks soared 1% or more, setting records and reaching new milestone levels. Earnings season continued to go favorably, and market participants foresee a huge number of positive reports from companies that stand to benefit from new lower corporate rates and other business tailwinds. Yet a few outliers still suffered from downbeat news that sent their share prices lower. Exact Sciences (NASDAQ: EXAS) , A10 Networks (NYSE: ATEN) , and 3D Systems (NYSE: DDD) were among the worst performers on the day. Here's why they did so poorly.
Is Exact Sciences' moat going, going, gone?
Shares of Exact Sciences fell 10% on news that there might be a potential competing technology that could successfully test for colon cancer, challenging the current dominance of Exact's Cologuard test . An announcement from the American Society for Clinical Oncology said that use of a procedure known as a liquid biopsy might successfully detect colorectal cancer in its early stages. An industry symposium this weekend will provide more information regarding the potential rival test, but shareholders chose to panic despite analyst assertions that even if the findings of the study prove accurate, it will take years for a test based on liquid biopsy technology to make it through the approval process and threaten Cologuard's sales.
A10 fails to connect
A10 Networks stock dropped 13.5% after the networking company announced its preliminary figures for the fourth quarter, some of which were well below its previous guidance. A10 expects revenue for the quarter to be about 15% less than originally predicted, with the company pointing to weak demand in North America for the shortfall. Nevertheless, A10's profit expectations proved to be more accurate, with current calls for $0.05 to $0.06 per share in adjusted earnings falling squarely in the upper half of what it had previously projected. Until customers are willing to spend more aggressively on network technology, A10 and its industry peers are likely to see further pressure ahead.
New venture can't lift 3D Systems
Finally, shares of 3D Systems closed lower by nearly 8%. The 3D-printing specialist failed to build excitement among investors about its new exclusive distribution partnership with medical device giant Stryker for their virtual surgical planning (VSP) suite. VSP has been cleared by the U.S. Food and Drug Administration for use in helping surgeons personalize their treatment of patients through medical imaging, surgical simulations, and 3D printing. Despite the news, investors still fear that 3D Systems won't be able to pull out of its tailspin , especially given that the company withdrew its full-year guidance after a downbeat report last quarter.
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* Stock Advisor returns as of Jan. 2, 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.
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Exact Sciences (NASDAQ: EXAS) , A10 Networks (NYSE: ATEN) , and 3D Systems (NYSE: DDD) were among the worst performers on the day. Earnings season continued to go favorably, and market participants foresee a huge number of positive reports from companies that stand to benefit from new lower corporate rates and other business tailwinds. The 3D-printing specialist failed to build excitement among investors about its new exclusive distribution partnership with medical device giant Stryker for their virtual surgical planning (VSP) suite.
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Exact Sciences (NASDAQ: EXAS) , A10 Networks (NYSE: ATEN) , and 3D Systems (NYSE: DDD) were among the worst performers on the day. Shares of Exact Sciences fell 10% on news that there might be a potential competing technology that could successfully test for colon cancer, challenging the current dominance of Exact's Cologuard test . 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.
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Exact Sciences (NASDAQ: EXAS) , A10 Networks (NYSE: ATEN) , and 3D Systems (NYSE: DDD) were among the worst performers on the day. Shares of Exact Sciences fell 10% on news that there might be a potential competing technology that could successfully test for colon cancer, challenging the current dominance of Exact's Cologuard test . A10 fails to connect A10 Networks stock dropped 13.5% after the networking company announced its preliminary figures for the fourth quarter, some of which were well below its previous guidance.
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Exact Sciences (NASDAQ: EXAS) , A10 Networks (NYSE: ATEN) , and 3D Systems (NYSE: DDD) were among the worst performers on the day. Shares of Exact Sciences fell 10% on news that there might be a potential competing technology that could successfully test for colon cancer, challenging the current dominance of Exact's Cologuard test . New venture can't lift 3D Systems Finally, shares of 3D Systems closed lower by nearly 8%.
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627e4728-3b4f-412d-b767-e3627516ac4f
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716953.0
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2018-01-16 00:00:00 UTC
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Noteworthy Tuesday Option Activity: LULU, LEA, DDD
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DDD
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https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity-lulu-lea-ddd-2018-01-16
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in lululemon athletica inc (Symbol: LULU), where a total of 7,637 contracts have traded so far, representing approximately 763,700 underlying shares. That amounts to about 49.3% of LULU's average daily trading volume over the past month of 1.5 million shares. Particularly high volume was seen for the $60 strike put option expiring June 15, 2018 , with 2,150 contracts trading so far today, representing approximately 215,000 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $60 strike highlighted in orange:
Lear Corp. (Symbol: LEA) options are showing a volume of 2,353 contracts thus far today. That number of contracts represents approximately 235,300 underlying shares, working out to a sizeable 48.7% of LEA's average daily trading volume over the past month, of 482,910 shares. Particularly high volume was seen for the $175 strike put option expiring February 16, 2018 , with 512 contracts trading so far today, representing approximately 51,200 underlying shares of LEA. Below is a chart showing LEA's trailing twelve month trading history, with the $175 strike highlighted in orange:
And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 13,461 contracts, representing approximately 1.3 million underlying shares or approximately 48.1% of DDD's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $11 strike call option expiring February 16, 2018 , with 2,182 contracts trading so far today, representing approximately 218,200 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange:
For the various different available expirations for LULU options , LEA 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.
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Particularly high volume was seen for the $11 strike call option expiring February 16, 2018 , with 2,182 contracts trading so far today, representing approximately 218,200 underlying shares of DDD. Below is a chart showing LEA's trailing twelve month trading history, with the $175 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 13,461 contracts, representing approximately 1.3 million underlying shares or approximately 48.1% of DDD's average daily trading volume over the past month, of 2.8 million shares. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for LULU options , LEA options , or DDD options , visit StockOptionsChannel.com.
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Below is a chart showing LEA's trailing twelve month trading history, with the $175 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 13,461 contracts, representing approximately 1.3 million underlying shares or approximately 48.1% of DDD's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $11 strike call option expiring February 16, 2018 , with 2,182 contracts trading so far today, representing approximately 218,200 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for LULU options , LEA options , or DDD options , visit StockOptionsChannel.com.
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Below is a chart showing LEA's trailing twelve month trading history, with the $175 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 13,461 contracts, representing approximately 1.3 million underlying shares or approximately 48.1% of DDD's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $11 strike call option expiring February 16, 2018 , with 2,182 contracts trading so far today, representing approximately 218,200 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for LULU options , LEA options , or DDD options , visit StockOptionsChannel.com.
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Below is a chart showing LEA's trailing twelve month trading history, with the $175 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 13,461 contracts, representing approximately 1.3 million underlying shares or approximately 48.1% of DDD's average daily trading volume over the past month, of 2.8 million shares. Particularly high volume was seen for the $11 strike call option expiring February 16, 2018 , with 2,182 contracts trading so far today, representing approximately 218,200 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for LULU options , LEA options , or DDD options , visit StockOptionsChannel.com.
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f31beb53-cabb-445e-9cf2-6336fcbd924b
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716954.0
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2018-01-12 00:00:00 UTC
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Mid-Afternoon Market Update: Tuniu Gains After Announcing $100M Share Repurchase Program; Aradigm Shares Slide
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DDD
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https://www.nasdaq.com/articles/mid-afternoon-market-update-tuniu-gains-after-announcing-100m-share-repurchase-program
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nan
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nan
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Toward the end of trading Friday, the Dow traded up 0.72 percent to 25,757.70 while the NASDAQ climbed 0.51 percent to 7,248.81. The S&P also rose, gaining 0.49 percent to 2,780.97.
Leading and Lagging Sectors
Friday afternoon, the technology sector proved to be a source of strength for the market. Leading the sector was strength from Synaptics, Incorporated (NASDAQ: SYNA ) and 3D Systems Corporation (NYSE: DDD ).
In trading on Friday, utilities shares fell 0.06 percent. Meanwhile, top losers in the sector included American Water Works Company Inc (NYSE: AWK ), down 4 percent, and Aqua America Inc (NYSE: WTR ) down 3 percent.
Top Headline
JPMorgan Chase & Co. (NYSE: JPM ) reported better-than-expected earnings for its fourth quarter.
JPMorgan said it earned $1.76 per share in the quarter on revenue of $25.45 billion which exceeded Wall Street's expectations for $1.69 per share and $25.15 billion.
Equities Trading UP
Performant Financial Corp (NASDAQ: PFMT ) shares shot up 31 percent to $2.54 after the company disclosed that it has been awarded student loan recovery contract from the U. S. Department of Education. Compass Point upgraded Performant Financial from Neutral to Buy.
Shares of Liberty Oilfield Services Inc. (NASDAQ: LBRT ) got a boost, shooting up 28 percent to $21.7925. Liberty Oilfield Services priced its 12.7 million share IPO at $17 per share.
Tuniu Corp (NASDAQ: TOUR ) shares were also up, gaining 13 percent to $8.57. Tuniu reported a $100 million share repurchase program and reported the promotion of Mr. Shihong Chen from Vice President to Chief Technology Officer, effective immediately.
Equities Trading DOWN
Aradigm Corporation (NASDAQ: ARDM ) shares dropped 34 percent to $2.27 after the company disclosed that the FDA Advisory Committee panel voted 12-3 against recommendation for Linhaliq. Ladenburg Thalmann downgraded Aradigm from Buy to Neutral.
Shares of AquaBounty Technologies, Inc. (NASDAQ: AQB ) were down 38 percent to $3.01 after the company reported a $12 million underwritten public offering.
Concert Pharmaceuticals Inc (NASDAQ: CNCE ) was down, falling around 26 percent to $20.48 despite the earlier FDA grant of Fast Track Designation for CTP-543. Mizuho downgraded shares to Neutral citing the Patent Board decision not to grant the company a Post Grant Review in litigation with Incyte over CTP-543.
Commodities
In commodity news, oil traded up 0.49 percent to $64.11 while gold traded up 0.70 percent to $1,331.70.
Silver traded up 0.82 percent Friday to $17.105, while copper fell 0.49 percent to $3.217.
Eurozone
European shares closed higher today. The eurozone's STOXX 600 gained 0.31 percent, the Spanish Ibex Index rose 0.26 percent, while Italy's FTSE MIB Index rose 0.53 percent. Meanwhile the German DAX climbed 0.32 percent, and the French CAC 40 rose 0.52 percent while U.K. shares rose 0.20 percent.
Economics
U.S. retail sales rose 0.4 percent for December, versus economists' expectations for a 0.4 percent growth.
The consumer price index gained 0.1 percent in December, versus economists' expectations for a 0.1 percent rise.
U.S. business inventories gained 0.4 percent for November, versus economists' estimates of a 0.3 percent growth
The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.
Boston Federal Reserve Bank President Eric Rosengren will speak in La Jolla, California at 4:15 p.m. ET.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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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.
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Leading the sector was strength from Synaptics, Incorporated (NASDAQ: SYNA ) and 3D Systems Corporation (NYSE: DDD ). Equities Trading UP Performant Financial Corp (NASDAQ: PFMT ) shares shot up 31 percent to $2.54 after the company disclosed that it has been awarded student loan recovery contract from the U. S. Department of Education. Equities Trading DOWN Aradigm Corporation (NASDAQ: ARDM ) shares dropped 34 percent to $2.27 after the company disclosed that the FDA Advisory Committee panel voted 12-3 against recommendation for Linhaliq.
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Leading the sector was strength from Synaptics, Incorporated (NASDAQ: SYNA ) and 3D Systems Corporation (NYSE: DDD ). Equities Trading UP Performant Financial Corp (NASDAQ: PFMT ) shares shot up 31 percent to $2.54 after the company disclosed that it has been awarded student loan recovery contract from the U. S. Department of Education. Economics U.S. retail sales rose 0.4 percent for December, versus economists' expectations for a 0.4 percent growth.
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Leading the sector was strength from Synaptics, Incorporated (NASDAQ: SYNA ) and 3D Systems Corporation (NYSE: DDD ). Toward the end of trading Friday, the Dow traded up 0.72 percent to 25,757.70 while the NASDAQ climbed 0.51 percent to 7,248.81. The eurozone's STOXX 600 gained 0.31 percent, the Spanish Ibex Index rose 0.26 percent, while Italy's FTSE MIB Index rose 0.53 percent.
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Leading the sector was strength from Synaptics, Incorporated (NASDAQ: SYNA ) and 3D Systems Corporation (NYSE: DDD ). Toward the end of trading Friday, the Dow traded up 0.72 percent to 25,757.70 while the NASDAQ climbed 0.51 percent to 7,248.81. The S&P also rose, gaining 0.49 percent to 2,780.97.
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95a47c9e-0c83-430a-9a85-7efd4be3fef3
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716955.0
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2018-01-10 00:00:00 UTC
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3D Systems' (DDD) Technology for KALLISTA's Grid Sink Faucet
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DDD
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https://www.nasdaq.com/articles/3d-systems-ddd-technology-for-kallistas-grid-sink-faucet-2018-01-10
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3D Systems CorporationDDD recently announced that KALLISTA, a designer and producer of luxury kitchen and bath products, launched the Grid sink faucet at KBIS 2018. The sink faucet was produced by 3rd Dimension with the help of 3D Systems' 3D printing materials and technology.
The company's 3D printing technology helped designers to create the faucet in a unique geometry, enabling it to build the spout by creating an open form and discreet interior channels, facilitating easy flow of water through the base. 3D printing specialist, 3rd Dimension, produced the faucets by utilizing 3D Systems' ProX DMP 320 high-performance metal additive manufacturing system.
Moreover, the faucets are printed with the company's LaserForm 316L, a high quality stainless steel 316 powder material that prevents rust and corrosion. 3rd Dimension's engineering proficiency as well as experience with the 3D Systems ProX DMP 320 facilitated the production of the Grid faucet easily.
Our Take
With the 3D printing industry booming, 3D Systems' leading position in this market presents a favorable long-term growth opportunity. As a matter of fact, majority of the company's customers are shifting from prototyping to end use production, using 3D printing technology and the company believes that it is well positioned to aid them in their transformation. Moving ahead, it is of the opinion that robust demand for production printers, materials and software will continue to act as major catalysts
Currently, the company is witnessing robust prospects across most of its end business. 3D Systems remains especially bullish on the prospects of its healthcare business. Consistent demand for printers and materials for medical and dental customers fueled growth of this segment. Moreover, the company believes material science will be a key catalyst in the transition to 3D production and is investing large sums in materials innovation across portfolio to capitalize on the trend.
However, during the third quarter, revenues from 3D printing products and services were significantly undermined due to persistently challenging market conditions. These factors adversely impacted customers' capital investment cycles and reduced demand across most geographies. Further, its performance in Americas and Asia Pacific was very weak.
Consequently, shares of this Zacks Rank #3 (Hold) stock declined 27.1% in the last three months, in sharp contrast to 10.9% growth recorded by the industry . Going forward, the company believes investment in IT and go-to-market initiatives will result in higher expenses, consequently restricting near-term operating income growth.
Stocks to Consider
Some better-ranked stocks from the same space include Broadcom Limited AVGO , Avid Technology, Inc. AVID and ASML Holding N.V. ASML . While Broadcom sports a Zacks Rank #1 (Strong Buy), Avid Technology and ASML Holding carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Broadcom has surpassed estimates in the trailing four quarters, with an average positive earnings surprise of 4.5%.
Avid Technology has outpaced estimates twice in the preceding four quarters, with an average earnings surprise of 18.3%.
ASML Holding has surpassed estimates in the trailing four quarters, with an average positive earnings surprise of 14.8%.
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3D Systems Corporation (DDD): Free Stock Analysis Report
Avid Technology, Inc. (AVID): Free Stock Analysis Report
Broadcom Limited (AVGO): Free Stock Analysis Report
ASML Holding N.V. (ASML): 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.
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3D Systems CorporationDDD recently announced that KALLISTA, a designer and producer of luxury kitchen and bath products, launched the Grid sink faucet at KBIS 2018. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the faucets are printed with the company's LaserForm 316L, a high quality stainless steel 316 powder material that prevents rust and corrosion.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD recently announced that KALLISTA, a designer and producer of luxury kitchen and bath products, launched the Grid sink faucet at KBIS 2018. Stocks to Consider Some better-ranked stocks from the same space include Broadcom Limited AVGO , Avid Technology, Inc. AVID and ASML Holding N.V. ASML .
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD recently announced that KALLISTA, a designer and producer of luxury kitchen and bath products, launched the Grid sink faucet at KBIS 2018. Moving ahead, it is of the opinion that robust demand for production printers, materials and software will continue to act as major catalysts Currently, the company is witnessing robust prospects across most of its end business.
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3D Systems CorporationDDD recently announced that KALLISTA, a designer and producer of luxury kitchen and bath products, launched the Grid sink faucet at KBIS 2018. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report To read this article on Zacks.com click here. The sink faucet was produced by 3rd Dimension with the help of 3D Systems' 3D printing materials and technology.
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08fe4732-29fa-497b-a53f-ecc786cd0f1c
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716956.0
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2017-12-31 00:00:00 UTC
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The Best 3D Printing Stock of 2017 -- and How It Gained 101%
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DDD
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https://www.nasdaq.com/articles/best-3d-printing-stock-2017-and-how-it-gained-101-2017-12-31
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nan
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nan
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With the 2017 trading year now in the record books, we can officially give out the crown for the best-performing 3D printing stock of the year. And the winner is ... drumroll, please ... Proto Labs (NYSE: PRLB) , which gained a whopping 100.6%.
While not a pure play like industry bigwigs Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the digitally enabled, quick-turn contract manufacturer of plastic and metal prototypes and low-volume production parts has a 3D printing business that has been growing nicely. In the most recent quarter, it accounted for nearly 13% of its total revenue, and over time has the potential to comprise a larger chunk of the overall business.
Here's what you should know about Proto Labs' winning 2017.
How the 3D printing players stacked up in 2017
The following chart shows how the 3D printing stocks listed on a major U.S. stock exchange performed in 2017. HP Inc. isn't included because its 3D printing business -- it entered the space in May 2016 when it launched two speedy polymer 3D printers for the enterprise market -- probably accounts for just a tiny portion of its overall business.
Data source: YCharts.
Earlier this year, I called Proto Labs " the best 3D printing stock to buy in 2017 " -- and it really came through. Its year-to-date performance at that time was second to last of the six 3D printing stocks, and well behind the three leaders, Stratasys, Materialise, and 3D Systems.
The lesson here is to keep in mind that a company's business performance and future potential can be quite out of sync with its stock performance over the short term. While I couldn't be sure when the market would recognize that it was underestimating Proto Labs and getting ahead of itself (again) with respect to 3D Systems, in particular, I was confident it would eventually happen. As it turns out, it did happen in 2017, with Proto Labs surging from fifth place to the top of the heap in eight months, while 3D Systems sunk to last place after it posted a subpar second-quarter earnings report followed by a poor third-quarter report.
Luck was on my side that Proto Labs beat out Materialise, which had a huge lead when I made my call. Belgium-based Materialise -- which makes 3D printing software and provides 3D printing services -- is worth watching.
While we're focusing on 2017, it's helpful to know the bigger picture. The following chart shows how the 3D printing stocks have performed over the three-year period: Proto Labs is the only one that has beaten the broader market. (Only Proto Labs, Stratasys, and 3D Systems stocks have been publicly traded for at least five years, which is why a longer-term chart isn't shown.) The 3D printing stocks soared in 2012 and 2013, and then got hammered in 2014 and 2015 when the heady growth many investors expected didn't materialize. Since 2016, the performances of the group's stocks have diverged quite a lot.
Data source: YCharts.
Why did Proto Labs stock gain 101% in 2017?
Proto Labs' business performance improved considerably from 2016 to 2017, which has driven the stock's rise. The primary reason the company's business struggled in 2016 appears to have more to do with the overall economic climate than the company's execution.
In Q1, Proto Labs' revenue increased 10.5%, and adjusted earnings per share (EPS) jumped 16% from the year-ago period. The metal CNC (computer numerical control) machining business' 16% revenue growth led segment results, while plastic injection molding and 3D printing both grew about 11%. Second-quarter revenue and adjusted EPS grew 9.4% and 8.9%, respectively. CNC machining's revenue soared 22%, 3D printing's revenue climbed 20%, and injection molding's revenue rose 5%. In Q3, revenue and adjusted EPS rose 12.7% and 9.8%, respectively. CNC machining once again led results, with revenue surging 25%, while the 3D printing and injection molding businesses grew 13% and 7%, respectively.
Revenue growth throughout the year was stronger than the numbers suggest, as the company discontinued some services and its results were negatively affected by foreign exchange. Profitability is being held back by the company's European 3D-printing acquisition made two years ago. Operating margin in this business lags that of the 3D printing business in the U.S., which management is taking steps to address.
Looking ahead
Proto Labs has an attractive business model: It provides high-quality, fast-turnaround contract manufacturing through a user-friendly digital interface. Moreover, the company generates considerable free cash flow and has no debt. You'll have to pay up for these qualities, however, as the stock is trading at 58.9 times trailing-12-month earnings and 41 times projected forward earnings. It's getting a bit richly valued even for a high-quality company. So some investors might want to wait a quarter or two to see if its growth continues to improve before making an investment decision.
10 stocks we like better than Proto Labs
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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.
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*Stock Advisor returns as of December 4, 2017
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.
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While not a pure play like industry bigwigs Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the digitally enabled, quick-turn contract manufacturer of plastic and metal prototypes and low-volume production parts has a 3D printing business that has been growing nicely. The metal CNC (computer numerical control) machining business' 16% revenue growth led segment results, while plastic injection molding and 3D printing both grew about 11%. Revenue growth throughout the year was stronger than the numbers suggest, as the company discontinued some services and its results were negatively affected by foreign exchange.
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While not a pure play like industry bigwigs Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the digitally enabled, quick-turn contract manufacturer of plastic and metal prototypes and low-volume production parts has a 3D printing business that has been growing nicely. The metal CNC (computer numerical control) machining business' 16% revenue growth led segment results, while plastic injection molding and 3D printing both grew about 11%. CNC machining's revenue soared 22%, 3D printing's revenue climbed 20%, and injection molding's revenue rose 5%.
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While not a pure play like industry bigwigs Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the digitally enabled, quick-turn contract manufacturer of plastic and metal prototypes and low-volume production parts has a 3D printing business that has been growing nicely. How the 3D printing players stacked up in 2017 The following chart shows how the 3D printing stocks listed on a major U.S. stock exchange performed in 2017. Earlier this year, I called Proto Labs " the best 3D printing stock to buy in 2017 " -- and it really came through.
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While not a pure play like industry bigwigs Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , the digitally enabled, quick-turn contract manufacturer of plastic and metal prototypes and low-volume production parts has a 3D printing business that has been growing nicely. Its year-to-date performance at that time was second to last of the six 3D printing stocks, and well behind the three leaders, Stratasys, Materialise, and 3D Systems. Why did Proto Labs stock gain 101% in 2017?
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2facaf80-33d6-45ac-8ef0-da2870a13f36
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716957.0
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2017-12-28 00:00:00 UTC
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Can 3D Systems (DDD) Strategies Aid a Turnaround in 2018?
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DDD
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https://www.nasdaq.com/articles/can-3d-systems-ddd-strategies-aid-a-turnaround-in-2018-2017-12-28
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The year 2017 has not been a smooth ride for 3D Systems Corporation DDD . The leading provider of 3-D modeling, rapid prototyping and manufacturing solutions has seen its shares fall 32.1% year to date, underperforming the Computer - Mini computers industry 's growth of around 46.3%.
The underperformance, in part, is due to surging costs as well as macroeconomic woes that have sparked concerns among investors. Moreover, in light of the company's dismal third-quarter 2017 results and uncertain operating environment, management withdrew full-year 2017 guidance.
Further, the Zacks Consensus Estimate for 2017 earnings has moved south over a couple of months from 44 cents to a loss of 4 cents. This indicates extremely bearish sentiments for this Zacks Rank #5 (Strong Sell) stock, reflected by five downward estimate revisions versus none upward. (Looking for the Best Stocks for 2018? Be among the first to see our Top Ten Stocks for 2018 portfolio here .)
What Ails the Company?
Despite significant investments and implementation of organizational changes to improve execution, 3D Systems is struggling to retain its leadership position in 3D printing market. Going forward, the company's investment in IT and go-to-market initiatives are likely to result in higher expenses, restricting near-term operating income growth. The need to continually spend heavily on research and development to keep up with the competitive marketplace is adding to margin woes on a sustained basis.
Moreover, macroeconomic factors such as economic slowdown, inflation, currency fluctuations, commodity prices and dearth of credit availability remain concerns for the company. In third-quarter 2017, revenues from 3D printing products and services were significantly undermined due to continued challenging market conditions that adversely impacted customers' capital investment cycles and reduced demand across most geographies. Further, its performance in Americas and Asia Pacific was very weak. In absence of inorganic growth in the past year, its performance has suffered to an even greater extent. If these problems persist, the company's earnings will likely continue to be pressured, going forward.
Moreover, the company had commenced significant transformational work in solving legacy issues in the third quarter, which partly led to the withdrawal of guidance for 2017. The company cited that it is unable to predict earnings and sales numbers accurately. This action has unnerved investors badly, as it indicates a highly uncertain environment.
Light at the End of the Tunnel?
We expect margin contraction and higher operating expenses in the upcoming quarters as the company focuses on strengthening partnerships and enhancing productivity. As a matter of fact, we believe that the company's significant investments to counter the aforesaid challenges will take some more time to deliver credible top-line growth.
The company has also undertaken a number of strategic initiatives for improvement of existing 3D printers and boosting productivity to capitalize on growth opportunity in the industry. However, all the efforts are at a nascent stage and are expected to take time to contribute to top-line growth meaningfully.
Although the company's turnaround efforts are likely to yield results in the long run, its impact on near-term results is expected to remain muted.
Stocks to Consider
Some better-ranked stocks in the same space are Axcelis Technologies, Inc. ACLS , AMTEK, Inc. AME and Avid Technology, Inc. AVID . While Axcelis Technologies sports a Zacks Rank #1 (Strong Buy), AMTEK and Avid Technology carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Axcelis Technologies has surpassed estimates thrice in the trailing four quarters, with an average positive earnings surprise of 25.2%.
AMTEK has outpaced estimates thrice in the preceding four quarters, with an average earnings surprise of 4.1%.
Avid Technology has outpaced estimates twice in the preceding four quarters, with an average earnings surprise of 18.3%.
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3D Systems Corporation (DDD): Free Stock Analysis Report
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
Avid Technology, Inc. (AVID): Free Stock Analysis Report
AMTEK, Inc. (AME): 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.
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The year 2017 has not been a smooth ride for 3D Systems Corporation DDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report AMTEK, Inc. (AME): Free Stock Analysis Report To read this article on Zacks.com click here. This indicates extremely bearish sentiments for this Zacks Rank #5 (Strong Sell) stock, reflected by five downward estimate revisions versus none upward.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report AMTEK, Inc. (AME): Free Stock Analysis Report To read this article on Zacks.com click here. The year 2017 has not been a smooth ride for 3D Systems Corporation DDD . Stocks to Consider Some better-ranked stocks in the same space are Axcelis Technologies, Inc. ACLS , AMTEK, Inc. AME and Avid Technology, Inc. AVID .
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report AMTEK, Inc. (AME): Free Stock Analysis Report To read this article on Zacks.com click here. The year 2017 has not been a smooth ride for 3D Systems Corporation DDD . Stocks to Consider Some better-ranked stocks in the same space are Axcelis Technologies, Inc. ACLS , AMTEK, Inc. AME and Avid Technology, Inc. AVID .
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The year 2017 has not been a smooth ride for 3D Systems Corporation DDD . Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Avid Technology, Inc. (AVID): Free Stock Analysis Report AMTEK, Inc. (AME): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, in light of the company's dismal third-quarter 2017 results and uncertain operating environment, management withdrew full-year 2017 guidance.
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d8a388a9-8c5a-4cfc-b184-fce777f1a8c4
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716958.0
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2017-12-23 00:00:00 UTC
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GE, Adidas, and Others to Pour $200 Million Into Hot 3D Printing Start-Up Carbon
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DDD
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https://www.nasdaq.com/articles/ge-adidas-and-others-pour-200-million-hot-3d-printing-start-carbon-2017-12-23
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nan
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Red-hot 3D printing start-up Carbon on Wednesday announced that it has closed on $143 million of a $200 million Series D funding round, which it will use to accelerate its global expansion.
Once completed, this round will bring the Silicon Valley-based company's total raise to a whopping $422 million and reportedly boosts its valuation to a mighty $1.7 billion.
To provide some context, the two largest publicly traded pure-play 3D printing companies, Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , have market caps of $1.14 billion and $1.13 billion, respectively, as of Dec. 21.
Here's what you should know.
Carbon's growing list of backers and partners
New investors in the Series D round include investment management companies Fidelity Management & Research Company and Baillie Gifford (Scotland); venture capital firm ARCHina Capital (Hong Kong); the VC arm of strategic partner adidas (NASDAQOTH: ADDYY) , Hydra Venture; and Emerson Elemental, the environmental practice of Emerson Collective. Notably, in April, adidas announced that it's partnering with Carbon to manufacture athletic shoes with 3D-printed midsoles for the mass market. The first shoe in the Futurecraft 4D line will be a running shoe, which customers will eventually be able to order with custom midsoles.
Current investors that participated in the round include strategic investors GE Ventures, General Electric 's VC arm; and JSR Corporation ; and VC firms Sequoia Capital, Silver Lake Kraftwerk, and Reinet Investments. (At least one well-regarded outlet reported that GE is a new investor, which isn't so. GE Ventures invested in the extended Series C round in September 2016, as I wrote about .) Other investors are expected to be disclosed in early 2018.
Carbon CEO and co-founder Joseph DeSimone, PhD, commented in the press release:
Going into the round, Carbon already had an impressive list of backers and partners. Google Ventures, Alphabet 's VC arm, led Carbon's $100 million Series C funding round in the summer of 2015. In addition to GE Ventures, then-new investors in the extended Series C round in September 2016 included strategic investors JSR (a Japan-based chemical manufacturer), BMW i Ventures, and Nikon , a Japan-based company with expertise in such things as 3D measurement.
Carbon is aiming to upend traditional manufacturing
Carbon, founded in 2013, burst onto the world's tech stage at TED in March 2015 when DeSimone wowed the audience with a demonstration of the company's super-speedy polymer 3D printing technology, now called Digital Light Synthesis (DLS).
DLS was reportedly 25 to 100 times faster than the leading 3D printing technologies when tested to produce the same 51-millimeter-diameter complex part. This speed advantage results from the tech "growing" polymer parts continuously, via harnessing ultraviolet light and oxygen, whereas other 3D printing techs pause briefly after printing each layer. Moreover, DLS reportedly enables immense materials possibilities, and can produce objects with smoother surface finishes than conventionally 3D-printed parts and with structural consistencies on par with injection-molded ones.
In April 2016, Carbon launched the M1 , its first polymer 3D printer for the enterprise market. In March 2017, the company commercially launched its Design SpeedCell and Production SpeedCell , comprised of one M-series 3D printer connected to a smart parts washer, and multiple connected industrial-grade M2 printers paired with a smart parts washer, respectively.
3D Systems and Stratasys in Carbon's crosshairs
It's certainly not good news for 3D Systems and Stratasys that huge companies across industries ranging from aerospace and auto to consumer goods and healthcare -- such as GE, Ford , BMW, adidas, and Johnson & Johnson -- are forming strategic partnerships with their relatively new competitor. The same can be said of the fact that top VC firms and others -- including companies that are using Carbon's tech -- are valuing Carbon as being worth a massive $1.7 billion.
3D Systems and Stratasys each have recently launched or plan to soon launch next-generation 3D printing technologies. However, right now, Carbon and tech giant HP Inc . are ahead of the pack when it comes to commercializing fast 3D printers aimed at a broad array of manufacturing applications. Whether 3D Systems and Stratasys can catch up in this critical realm remains to be seen.
As for Carbon, you may want to put it on your initial public offering watch list.
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 tripled 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 December 4, 2017
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), Alphabet (C shares), and Ford. 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 views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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To provide some context, the two largest publicly traded pure-play 3D printing companies, Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , have market caps of $1.14 billion and $1.13 billion, respectively, as of Dec. 21. Once completed, this round will bring the Silicon Valley-based company's total raise to a whopping $422 million and reportedly boosts its valuation to a mighty $1.7 billion. Carbon's growing list of backers and partners New investors in the Series D round include investment management companies Fidelity Management & Research Company and Baillie Gifford (Scotland); venture capital firm ARCHina Capital (Hong Kong); the VC arm of strategic partner adidas (NASDAQOTH: ADDYY) , Hydra Venture; and Emerson Elemental, the environmental practice of Emerson Collective.
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To provide some context, the two largest publicly traded pure-play 3D printing companies, Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , have market caps of $1.14 billion and $1.13 billion, respectively, as of Dec. 21. Carbon's growing list of backers and partners New investors in the Series D round include investment management companies Fidelity Management & Research Company and Baillie Gifford (Scotland); venture capital firm ARCHina Capital (Hong Kong); the VC arm of strategic partner adidas (NASDAQOTH: ADDYY) , Hydra Venture; and Emerson Elemental, the environmental practice of Emerson Collective. Current investors that participated in the round include strategic investors GE Ventures, General Electric 's VC arm; and JSR Corporation ; and VC firms Sequoia Capital, Silver Lake Kraftwerk, and Reinet Investments.
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To provide some context, the two largest publicly traded pure-play 3D printing companies, Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , have market caps of $1.14 billion and $1.13 billion, respectively, as of Dec. 21. Carbon's growing list of backers and partners New investors in the Series D round include investment management companies Fidelity Management & Research Company and Baillie Gifford (Scotland); venture capital firm ARCHina Capital (Hong Kong); the VC arm of strategic partner adidas (NASDAQOTH: ADDYY) , Hydra Venture; and Emerson Elemental, the environmental practice of Emerson Collective. In addition to GE Ventures, then-new investors in the extended Series C round in September 2016 included strategic investors JSR (a Japan-based chemical manufacturer), BMW i Ventures, and Nikon , a Japan-based company with expertise in such things as 3D measurement.
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To provide some context, the two largest publicly traded pure-play 3D printing companies, Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD) , have market caps of $1.14 billion and $1.13 billion, respectively, as of Dec. 21. Carbon's growing list of backers and partners New investors in the Series D round include investment management companies Fidelity Management & Research Company and Baillie Gifford (Scotland); venture capital firm ARCHina Capital (Hong Kong); the VC arm of strategic partner adidas (NASDAQOTH: ADDYY) , Hydra Venture; and Emerson Elemental, the environmental practice of Emerson Collective. Google Ventures, Alphabet 's VC arm, led Carbon's $100 million Series C funding round in the summer of 2015.
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716959.0
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2017-12-13 00:00:00 UTC
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Here's Why 2017 Has Been a Remarkable Year for HP Inc (HPQ)
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DDD
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https://www.nasdaq.com/articles/heres-why-2017-has-been-a-remarkable-year-for-hp-inc-hpq-2017-12-13
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HP Inc.HPQ is one of those technology companies that have demonstrated remarkable share price performance in the year so far. The company has generated high returns for investors in the year-to-date period and has the potential to exceed expectations in the next year.
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 .
The stock has been clocking solid returns since the split and has surged approximately 51.8%, substantially outperforming the S&P 500's return of 26.4% during the same time frame. The major part of the rally has been witnessed this year. In the YTD period, the stock has appreciated 41.4%, while the S&P 500 has gained 19.3%.
Let's check out the reasons for this impressive surge in share price and consider why HP will continue its momentum in the next year as well.
Revamped PC Business
Post the split, HP adopted a strategy of focusing on product innovation & differentiation, pricing, and marketing and sales activities to trigger 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 a year's time.
The impact of these initiatives is well highlighted by the fact that the company has regained its top position in the PC segment by replacing Lenovo. Also, according to data compiled by IDC, during third-quarter 2017, the company's PC shipments registered the sixth quarter of consecutive year-over-year growth after witnessing several quarters of decline.
Furthermore, the two independent research firms - Gartner and International Data Corporation - hinted that the PC industry has been moving toward stabilization. Therefore, we believe stabilization in PC shipments will benefit business prospects of companies like HP.
Print Segment Shines Again
The company's efforts to revamp its printing business have also been commendable. It should be noted that HP has acquired Samsung Electronics' printer business. The 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.
These efforts have paid off well with the company registering the third consecutive quarter of print business revenue growth in fourth-quarter fiscal 2017.
Also, the company's last quarterly results reflected revenue growth for the fifth consecutive quarter after witnessing a prolonged period of decline. Further, the Personal Systems and Print segments improved for the third straight quarter after 2010.
Stock Still Undervalued
The stock currently trades at a forward earnings estimate at 11.7x, which is way lower than the industry average of 17.8x. 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 is still left with 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 price.
Therefore, we consider that HP is one such technology stock which investors should keep in their portfolio. The stock carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker 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.
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.
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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. 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 is still left with significant upside potential.
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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. Also, according to data compiled by IDC, during third-quarter 2017, the company's PC shipments registered the sixth quarter of consecutive year-over-year growth after witnessing several quarters of decline.
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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 is one of the two companies which came into existence post the split from the parent company - Hewlett-Packard Company - in November 2015.
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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. The company has generated high returns for investors in the year-to-date period and has the potential to exceed expectations in the next year.
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88fc2508-b186-4843-9f23-b9f4ee429673
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716960.0
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2017-12-13 00:00:00 UTC
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3D Systems Affected By Surging Costs & Macroeconomic Woes
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DDD
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https://www.nasdaq.com/articles/3d-systems-affected-by-surging-costs-macroeconomic-woes-2017-12-13
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3D Systems CorporationDDD continues to struggle with the headwinds that have marred its performance over the past few quarters. We anticipate that a continuous rise in operating expenses, among other factors, will continue to hinder growth for the company. Moreover, in light of its miserable third-quarter 2017 results and uncertain operating environment, the company's management withdrew full-year 2017 guidance.
It's not surprising that the stock has also put up a dismal show in recent times. In the past three months, 3D Systems has lost 30.5% against the industry 's growth of 9%. Further, the Zacks Consensus Estimate for 2017 earnings has moved south over a couple of months from 44 cents to a loss of 4 cents. This indicates exceedingly bearish analyst sentiment, reflected by five downward estimate revisions versus none upward.
Factors at Play
3D Systems had commenced significant transformational work in solving legacy issues in the third quarter, which partly led to the company withdrawing guidance for 2017. The company cited that it is unable to predict earnings and sales numbers accurately. This action has unnerved investors badly, as it indicates a highly uncertain environment.
During the third quarter, revenues from 3D printing products and services were significantly undermined due to continued challenging market conditions that adversely impacted customers' capital investment cycles and reduced demand across most geography. Further, its performance in Americas and Asia Pacific was very weak. If these problems persist, 3D Systems' earnings will likely continue to be under pressure, going forward as well.
Also, the company continues to incur high research & development (R&D) and acquisition costs. Going forward, the company believes investment in IT and go-to-market initiatives will result in higher expenses, consequently restricting near-term operating income growth. During third quarter, the company had legal expenses from a Department of Commerce investigation, which inflated costs. We expect margin contraction and higher operating expenses in the upcoming quarters as 3D Systems attempts to implement organizational changes.
Moreover, over the past few quarters, the company has been experiencing unfavourablebroader market conditions that have badly hit its financial performance. Macroeconomic factors such as economic slowdown, inflation, currency fluctuations, commodity prices and credit availability have negatively impacted performance. This apart, the company's business faces the adverse effects of rapid technological changes, alterations in user and customer requirements and preferences, consequently adding to challenges.
Thus, considering the risks that the company faces, we believe it would be prudent for investors to avoid the stock for now.
Stocks to Consider
Some better-ranked stocks from the same space include Axcelis Technologies, Inc. ACLS , Amphenol Corporation APH and A10 Networks, Inc. ATEN . While Axcelis Technologies sports a Zacks Rank #1 (Strong Buy), Amphenol and A10 Networks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Axcelis Technologies has surpassed estimates thrice in the trailing four quarters, with an average positive earnings surprise of 25.2%.
Amphenol has surpassed estimates in the trailing four quarters, with an average positive earnings surprise of 8.9%.
A10 Networks has outpaced estimates in the preceding four quarters, with an average earnings surprise of 111.1%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker 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
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
A10 Networks, Inc. (ATEN): Free Stock Analysis Report
Amphenol Corporation (APH): 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.
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3D Systems CorporationDDD continues to struggle with the headwinds that have marred its performance over the past few quarters. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report A10 Networks, Inc. (ATEN): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report To read this article on Zacks.com click here. Factors at Play 3D Systems had commenced significant transformational work in solving legacy issues in the third quarter, which partly led to the company withdrawing guidance for 2017.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report A10 Networks, Inc. (ATEN): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD continues to struggle with the headwinds that have marred its performance over the past few quarters. Stocks to Consider Some better-ranked stocks from the same space include Axcelis Technologies, Inc. ACLS , Amphenol Corporation APH and A10 Networks, Inc. ATEN .
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report A10 Networks, Inc. (ATEN): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems CorporationDDD continues to struggle with the headwinds that have marred its performance over the past few quarters. Stocks to Consider Some better-ranked stocks from the same space include Axcelis Technologies, Inc. ACLS , Amphenol Corporation APH and A10 Networks, Inc. ATEN .
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3D Systems CorporationDDD continues to struggle with the headwinds that have marred its performance over the past few quarters. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report A10 Networks, Inc. (ATEN): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report To read this article on Zacks.com click here. We anticipate that a continuous rise in operating expenses, among other factors, will continue to hinder growth for the company.
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3990d800-6d0c-45ef-b1ed-53fc85486d0b
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716961.0
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2017-12-05 00:00:00 UTC
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Technology Sector Update for 12/05/2017: DDD, DGLY, HMNY, CNK
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DDD
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https://www.nasdaq.com/articles/technology-sector-update-12052017-ddd-dgly-hmny-cnk-2017-12-05
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Top Tech Stocks
MSFT +1.34%
AAPL +0.51%
IBM -0.99%
CSCO -1.01%
GOOG +1.32%
Technology stocks were recovering after two days of steep declines, with shares of tech companies in the S&P 500 climbing more than 0.6% in recent trade.
In company news, 3D Systems ( DDD ) was higher Tuesday after new regulatory filings showed two of the 3-D printer company's top executives recently sold almost 30,500 shares, pocketing over $250,000 between them, while a board member spent $56,648 to acquire another 6,430 shares of its stock.
Kevin McAlea, chief operating officer of 3D Systems' healthcare unit, Nov. 17 sold 16,933 shares at an average price of $8.34 apiece, reducing his direct stake to 245,031 shares and generating over $141,200 in gross proceeds. Also on Nov. 17, chief technology officer Charles Hull sold 12,546 shares through a series of trades averaging $8.34 per share, receiving $112,973 in gross proceed and trimming his individual stake to 195,672 shares.
Amid the recent selling, board member Walter Loewenbaum II acquired 6,430 shares on Dec. 1 priced between $8.65 to $8.95 a share, paying roughly $56,650 to increase his direct stake to more than 1.01 million shares.
In other sector news,
(+) DGLY, (+8.0%) Decides to bring its wirelessly controlled electroshock weapon to market after the U.S. Patent and Trademark Office discloses plans to grant a patent next week for the nonlethal weapon.
(-) HMNY, (-18.0%) Cinemark Holdings ( CNK ) launches $8.99 per month Movie Club subscription program.
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.
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In company news, 3D Systems ( DDD ) was higher Tuesday after new regulatory filings showed two of the 3-D printer company's top executives recently sold almost 30,500 shares, pocketing over $250,000 between them, while a board member spent $56,648 to acquire another 6,430 shares of its stock. Technology stocks were recovering after two days of steep declines, with shares of tech companies in the S&P 500 climbing more than 0.6% in recent trade. (-) HMNY, (-18.0%) Cinemark Holdings ( CNK ) launches $8.99 per month Movie Club subscription program.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In company news, 3D Systems ( DDD ) was higher Tuesday after new regulatory filings showed two of the 3-D printer company's top executives recently sold almost 30,500 shares, pocketing over $250,000 between them, while a board member spent $56,648 to acquire another 6,430 shares of its stock. Kevin McAlea, chief operating officer of 3D Systems' healthcare unit, Nov. 17 sold 16,933 shares at an average price of $8.34 apiece, reducing his direct stake to 245,031 shares and generating over $141,200 in gross proceeds.
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In company news, 3D Systems ( DDD ) was higher Tuesday after new regulatory filings showed two of the 3-D printer company's top executives recently sold almost 30,500 shares, pocketing over $250,000 between them, while a board member spent $56,648 to acquire another 6,430 shares of its stock. Also on Nov. 17, chief technology officer Charles Hull sold 12,546 shares through a series of trades averaging $8.34 per share, receiving $112,973 in gross proceed and trimming his individual stake to 195,672 shares. Amid the recent selling, board member Walter Loewenbaum II acquired 6,430 shares on Dec. 1 priced between $8.65 to $8.95 a share, paying roughly $56,650 to increase his direct stake to more than 1.01 million shares.
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In company news, 3D Systems ( DDD ) was higher Tuesday after new regulatory filings showed two of the 3-D printer company's top executives recently sold almost 30,500 shares, pocketing over $250,000 between them, while a board member spent $56,648 to acquire another 6,430 shares of its stock. Technology stocks were recovering after two days of steep declines, with shares of tech companies in the S&P 500 climbing more than 0.6% in recent trade. Also on Nov. 17, chief technology officer Charles Hull sold 12,546 shares through a series of trades averaging $8.34 per share, receiving $112,973 in gross proceed and trimming his individual stake to 195,672 shares.
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716962.0
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2017-12-05 00:00:00 UTC
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Will 2018 Be Stratasys Ltd.'s Best Year Yet?
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DDD
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https://www.nasdaq.com/articles/will-2018-be-stratasys-ltds-best-year-yet-2017-12-05
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2017 has been an up and down year for Stratasys Ltd. (NASDAQ: SSYS) as investors have gone from being bullish on a recovery of the business to skeptical again. Its biggest competitor, 3D Systems (NYSE: DDD) , hasn't fared much better and plunged 29% last month after pulling its full-year guidance.
There's a lot of uncertainty in 3D printing going into 2018, but there are also some bright signs. Here's how 2018 could be the company's best year yet operationally.
3D printing is going corporate
One of the lessons 3D printing companies have learned over the last few years is that their products aren't going to be consumer devices anytime soon. Low-cost 3D printers are great, but if consumers don't know how to use CAD software and have only limited applications for 3D, the market won't be very big.
As a result, they're focusing on a potentially massive market of corporate consumers that want to use 3D printing for value-added services to their products. For example, in the last couple of weeks, auto specialist Skorpion Engineering and electronics manufacturer Philips have announced their own applications for Stratasys products to make engineering new products faster and easier for engineers. These are among dozens of such customers the company has been building in 2017.
One notable development on the corporate front in 2017 is Ford (NYSE: F) , which announced it will be using a large-scale 3D printer to prototype parts and do short-run manufacturing and personalization for some of its vehicles. This is the kind of deal Stratasys can expand with corporate customers and attract customers who could last for years. Making the strategic shift to corporate customers is a welcome change.
What's holding back 3D printing
While a strategic shift to corporate customers and new services like on-demand printing are good news for Stratasys, they'll take a long time to create value for shareholders. You can see that throughout 2017 revenue has been flat or down slightly, a trend that's now been going on for nearly three years.
SSYS Revenue (TTM) data by YCharts .
Revenue may continue to be a challenge as corporate customers ramp up their 3D capabilities given the long lead time between looking into 3D printing and actually making production parts. But they should bring with them higher margins than the difficult consumer market. We saw a little highlight of that in the third-quarter release's change to full-year guidance. Management said it expected revenue to be on the lower end of previous guidance but upped operating margin guidance from 3%-5% to 5%-6% for the year. That's a trend investors hope will continue with a more corporate focus.
The best year yet
I'm bullish on the 3D printing market long-term and think Stratasys is bringing a much better strategy to the industry now than it was a few years ago. But the improvement investors expect will take time given the long lead time corporate customers have between deciding to explore 3D printing and its deployment at scale. As a result, I don't think 2018 will be Stratasys' best year yet, but rather a step in the right direction to long-term viability.
Steady improvements aren't bad for long-term investors, but they may not bring eye-popping returns to a once-hot stock. After a few years of turmoil, that's probably not a bad thing.
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 tripled 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 December 4, 2017
Travis Hoium owns shares of Ford. The Motley Fool owns shares of and recommends Ford. 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.
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Its biggest competitor, 3D Systems (NYSE: DDD) , hasn't fared much better and plunged 29% last month after pulling its full-year guidance. One notable development on the corporate front in 2017 is Ford (NYSE: F) , which announced it will be using a large-scale 3D printer to prototype parts and do short-run manufacturing and personalization for some of its vehicles. Revenue may continue to be a challenge as corporate customers ramp up their 3D capabilities given the long lead time between looking into 3D printing and actually making production parts.
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Its biggest competitor, 3D Systems (NYSE: DDD) , hasn't fared much better and plunged 29% last month after pulling its full-year guidance. For example, in the last couple of weeks, auto specialist Skorpion Engineering and electronics manufacturer Philips have announced their own applications for Stratasys products to make engineering new products faster and easier for engineers. But the improvement investors expect will take time given the long lead time corporate customers have between deciding to explore 3D printing and its deployment at scale.
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Its biggest competitor, 3D Systems (NYSE: DDD) , hasn't fared much better and plunged 29% last month after pulling its full-year guidance. 3D printing is going corporate One of the lessons 3D printing companies have learned over the last few years is that their products aren't going to be consumer devices anytime soon. What's holding back 3D printing While a strategic shift to corporate customers and new services like on-demand printing are good news for Stratasys, they'll take a long time to create value for shareholders.
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Its biggest competitor, 3D Systems (NYSE: DDD) , hasn't fared much better and plunged 29% last month after pulling its full-year guidance. 3D printing is going corporate One of the lessons 3D printing companies have learned over the last few years is that their products aren't going to be consumer devices anytime soon. Revenue may continue to be a challenge as corporate customers ramp up their 3D capabilities given the long lead time between looking into 3D printing and actually making production parts.
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2017-12-05 00:00:00 UTC
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Mid-Afternoon Market Update: Francesca's Drops On Earnings Miss; Revance Therapeutics Shares Gain
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https://www.nasdaq.com/articles/mid-afternoon-market-update-francescas-drops-earnings-miss-revance-therapeutics-shares
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Toward the end of trading Tuesday, the Dow traded down 0.09 percent to 24,268.65 while the NASDAQ climbed 0.39 percent to 6,801.80. The S&P also rose, gaining 0.05 percent to 2,640.71.
Leading and Lagging Sectors
Tuesday afternoon, the information technology sector proved to be a source of strength for the market. Leading the sector was strength from 3D Systems Corporation (NYSE: DDD ) and Ceragon Networks Ltd. (NASDAQ: CRNT ).
In trading on Tuesday, utilities shares fell 1.15 percent.
Top Headline
Toll Brothers, Inc. (NYSE: TOL ) reported downbeat results for its fourth quarter.
Toll Brothers posted quarterly earnings of $1.17 per share on revenue of $2.03 billion. However, analysts expected earnings of $1.19 per share on revenue of $2.08 billion.
Equities Trading UP
Revance Therapeutics, Inc. (NASDAQ: RVNC ) shares shot up 38 percent to $35.90 after the company disclosed that its RT002 met primary and all secondary endpoints.
Shares of Moleculin Biotech, Inc. (NASDAQ: MBRX ) got a boost, shooting up 19 percent to $2.16 after the company disclosed that its WP1066 drug has received the FDA brain tumor IND clearance.
Barnes & Noble Education, Inc. (NYSE: BNED ) shares were also up, gaining 19 percent to $7.48 after the company reported Q2 results.
Equities Trading DOWN
Galectin Therapeutics, Inc. (NASDAQ: GALT ) shares dropped 34 percent to $1.64 as the company reported that its Phase 2b NASH-CX trial did not meet its primary endpoint.
Shares of Ascena Retail Group, Inc. (NASDAQ: ASNA ) were down 24 percent to $1.985. Ascena Retail reported in-line earnings for its first quarter. The company reported a 5 percent drop in its Q1 comps and issued weak second quarter guidance.
Francesca's Holdings Corporation (NASDAQ: FRAN ) was down, falling around 9 percent to $7.09 following downbeat quarterly earnings.
Commodities
In commodity news, oil traded up 0.33 percent to $57.68 while gold traded down 1.01 percent to $1,264.80.
Silver traded down 1.88 percent Tuesday to $16.065, while copper fell 4.42 percent to $2.9535.
Eurozone
European shares closed mixed today. The eurozone's STOXX 600 fell 0.19 percent, the Spanish Ibex Index rose 0.03 percent, while Italy's FTSE MIB Index jumped 0.24 percent. Meanwhile the German DAX slipped 0.08 percent, and the French CAC 40 dipped 0.26 percent while U.K. shares fell 0.16 percent.
Economics
U.S. trade deficit rose 8.6 percent to $48.7 billion in October.
The ISM non-manufacturing index dropped to 57.40 in November, versus prior reading of 60.10. However, economists projected a reading of 59.10.
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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.
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Leading the sector was strength from 3D Systems Corporation (NYSE: DDD ) and Ceragon Networks Ltd. (NASDAQ: CRNT ). Equities Trading UP Revance Therapeutics, Inc. (NASDAQ: RVNC ) shares shot up 38 percent to $35.90 after the company disclosed that its RT002 met primary and all secondary endpoints. Shares of Moleculin Biotech, Inc. (NASDAQ: MBRX ) got a boost, shooting up 19 percent to $2.16 after the company disclosed that its WP1066 drug has received the FDA brain tumor IND clearance.
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Leading the sector was strength from 3D Systems Corporation (NYSE: DDD ) and Ceragon Networks Ltd. (NASDAQ: CRNT ). Top Headline Toll Brothers, Inc. (NYSE: TOL ) reported downbeat results for its fourth quarter. Equities Trading DOWN Galectin Therapeutics, Inc. (NASDAQ: GALT ) shares dropped 34 percent to $1.64 as the company reported that its Phase 2b NASH-CX trial did not meet its primary endpoint.
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Leading the sector was strength from 3D Systems Corporation (NYSE: DDD ) and Ceragon Networks Ltd. (NASDAQ: CRNT ). Toward the end of trading Tuesday, the Dow traded down 0.09 percent to 24,268.65 while the NASDAQ climbed 0.39 percent to 6,801.80. The eurozone's STOXX 600 fell 0.19 percent, the Spanish Ibex Index rose 0.03 percent, while Italy's FTSE MIB Index jumped 0.24 percent.
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Leading the sector was strength from 3D Systems Corporation (NYSE: DDD ) and Ceragon Networks Ltd. (NASDAQ: CRNT ). Toward the end of trading Tuesday, the Dow traded down 0.09 percent to 24,268.65 while the NASDAQ climbed 0.39 percent to 6,801.80. Ascena Retail reported in-line earnings for its first quarter.
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cefd72af-2329-44ae-97bd-58c92cfba1c1
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716964.0
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2017-12-01 00:00:00 UTC
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Why 3D Systems Stock Plummeted 29% in November
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-stock-plummeted-29-november-2017-12-01
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nan
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nan
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What happened
Shares of 3D Systems (NYSE: DDD) plummeted 28.8% in November, according to data from S&P Global Market Intelligence. For some context, shares of the 3D printing company's main rival, Stratasys , declined just 3.2%, while the S&P 500 returned 3.1%.
3D Systems stock is down 33.6% in 2017, through Nov. 30, while Stratasys stock is up 31.7% and the broader market has returned 20.5%.
So what
On Oct. 31, 3D Systems reported poor third-quarter earnings and withdrew full-year 2017 guidance. On Nov. 1, the market sent shares tumbling to a closing loss of nearly 24%, accounting for the lion's share of the loss during the month.
In the third quarter, 3D Systems' year-over-year revenue slid 2.2%, and it posted a loss per share of $0.20, whereas Wall Street was looking for earnings per share (EPS) of $0.12. 3D Systems' earnings were negatively impacted by a $12.9 million inventory writedown, execution issues across several geographies, and pricing pressure across several businesses.
The market hates uncertainty, so 3D Systems' withdrawal of 2017 guidance was likely a bigger factor in the stock's thrashing than the weak earnings. The company said that legacy quality and reliability issues have proven to be deeper and broader than management had previously realized, which makes providing an outlook difficult.
Now what
Investors should view 3D Systems' 2018 guidance with healthy skepticism, and look for hard evidence that things are turning around. Such evidence would come in the form of improving quarterly earnings and announcements of sales of the company's new Figure 4 system aimed at production applications.
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*Stock Advisor returns as of November 6, 2017
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.
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What happened Shares of 3D Systems (NYSE: DDD) plummeted 28.8% in November, according to data from S&P Global Market Intelligence. 3D Systems' earnings were negatively impacted by a $12.9 million inventory writedown, execution issues across several geographies, and pricing pressure across several businesses. The company said that legacy quality and reliability issues have proven to be deeper and broader than management had previously realized, which makes providing an outlook difficult.
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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 28.8% in November, according to data from S&P Global Market Intelligence. Now what Investors should view 3D Systems' 2018 guidance with healthy skepticism, and look for hard evidence that things are turning around.
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What happened Shares of 3D Systems (NYSE: DDD) plummeted 28.8% in November, according to data from S&P Global Market Intelligence. 3D Systems stock is down 33.6% in 2017, through Nov. 30, while Stratasys stock is up 31.7% and the broader market has returned 20.5%. In the third quarter, 3D Systems' year-over-year revenue slid 2.2%, and it posted a loss per share of $0.20, whereas Wall Street was looking for earnings per share (EPS) of $0.12.
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What happened Shares of 3D Systems (NYSE: DDD) plummeted 28.8% in November, according to data from S&P Global Market Intelligence. 3D Systems stock is down 33.6% in 2017, through Nov. 30, while Stratasys stock is up 31.7% and the broader market has returned 20.5%. On Nov. 1, the market sent shares tumbling to a closing loss of nearly 24%, accounting for the lion's share of the loss during the month.
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716965.0
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2017-11-24 00:00:00 UTC
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Carbon-Fiber 3D Printing Start-Up Snags Porsche, Siemens, and Microsoft as Investors
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DDD
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https://www.nasdaq.com/articles/carbon-fiber-3d-printing-start-snags-porsche-siemens-and-microsoft-investors-2017-11-24
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nan
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nan
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Industrial 3D printing start-up Markforged announced earlier this month that it raised $30 million in a Series C funding round, which included "significant investments" from new investors Siemens -backed venture capital firm next47, Microsoft 's VC arm, and Porsche. Existing investors include VC firms Matrix, Trinity, and Northbridge.
The new haul brings Markforged's total raise to $57 million.
The Boston area company is best known for making carbon-fiber 3D printers -- a capability possessed by neither of the two largest publicly traded 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Moreover, Markforged touts that it's the only company that offers a 3D printing platform for producing parts from the complete range of materials from plastics to fiber-reinforced composites to metals.
Here's what you should know.
Markforged's business
Markforged was founded in 2013 by CEO Greg Mark, an MIT-educated aerospace engineer and innovator in motorsports racing technology. The company gained fame for launching the first 3D printer that could print plastics reinforced with continuous carbon fiber. It also offers industrial 3D printers that can print in plastics, metals, and other composites, including plastics reinforced with fiberglass, Kevlar, or high-strength, high-performance (HSHP) fiberglass, along with a range of materials and cloud-based 3D printing software.
The company recently launched two new composite printers, the X3 and the X5. It also recently shipped its first Metal X, which is powered by its proprietary Atomic Diffusion Additive Manufacturing (ADAM) tech, and can print in stainless steel, tool steel, titanium, and other metals.
Numerous entities -- including NASA, Google , Ford , Amazon , and Facebook -- across 50 countries reportedly use Markforged 3D printers for prototyping and to produce tooling and fixtures and end-use parts. Markforged says that customers, on average, see a return on investment in less than two months.
"The biggest barrier to human achievement is the length of time it takes to go from idea to physical product," the company said in its press release. "At Markforged we are unlocking a dramatic acceleration to change that process from years to days," added Greg Mark, founder and CEO. "With the new funding and strategic support from leading global manufacturing brands, we are poised to change the pace of human innovation."
Benefits and uses of carbon fiber-reinforced plastics (CFRP)
None of the publicly traded 3D printing companies offer 3D printers that can print in fiber-reinforced plastics. Moreover, while there are a fair number of 3D printers available that can print in plastics reinforced with chopped carbon, Markforged is in rarefied company when it comes to making machines that can print in plastics reinforced with continuous fiber.
Reinforcing plastics with carbon fiber -- particularly continuous fiber -- adds strength to a part while maintaining a lighter weight than metal. This feature makes it a great alternative to metals for certain applications within the aerospace industry and to make high-performance cars.
Markforged is fast-growing and (gasp) profitable
Markforged has a trait that's in short supply among publicly traded pure-play 3D printing companies: It's profitable. The company -- whose revenue has increased 300% in 2017 year over year -- says it reached profitability in the second quarter of this year. None of the pure-play 3D printing companies that are listed on major U.S. stock exchanges (3D Systems, Stratasys, Materialise , ExOne, and voxeljet ) are profitable on a trailing-12-month basis. However, Materialise -- which makes 3D printing software and provides 3D printing services -- has achieved sporadic quarterly profitability over the last couple of years.
Investors can't buy stock in Markforged, since it's not publicly traded, but it seems only a matter of time before a larger player scoops it up or it goes public.
10 stocks we like better than Stratasys
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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. 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), Alphabet (C shares), Amazon, and Facebook. 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.
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The Boston area company is best known for making carbon-fiber 3D printers -- a capability possessed by neither of the two largest publicly traded 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Industrial 3D printing start-up Markforged announced earlier this month that it raised $30 million in a Series C funding round, which included "significant investments" from new investors Siemens -backed venture capital firm next47, Microsoft 's VC arm, and Porsche. Numerous entities -- including NASA, Google , Ford , Amazon , and Facebook -- across 50 countries reportedly use Markforged 3D printers for prototyping and to produce tooling and fixtures and end-use parts.
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The Boston area company is best known for making carbon-fiber 3D printers -- a capability possessed by neither of the two largest publicly traded 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . It also offers industrial 3D printers that can print in plastics, metals, and other composites, including plastics reinforced with fiberglass, Kevlar, or high-strength, high-performance (HSHP) fiberglass, along with a range of materials and cloud-based 3D printing software. Benefits and uses of carbon fiber-reinforced plastics (CFRP) None of the publicly traded 3D printing companies offer 3D printers that can print in fiber-reinforced plastics.
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The Boston area company is best known for making carbon-fiber 3D printers -- a capability possessed by neither of the two largest publicly traded 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . It also offers industrial 3D printers that can print in plastics, metals, and other composites, including plastics reinforced with fiberglass, Kevlar, or high-strength, high-performance (HSHP) fiberglass, along with a range of materials and cloud-based 3D printing software. Benefits and uses of carbon fiber-reinforced plastics (CFRP) None of the publicly traded 3D printing companies offer 3D printers that can print in fiber-reinforced plastics.
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The Boston area company is best known for making carbon-fiber 3D printers -- a capability possessed by neither of the two largest publicly traded 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) . Industrial 3D printing start-up Markforged announced earlier this month that it raised $30 million in a Series C funding round, which included "significant investments" from new investors Siemens -backed venture capital firm next47, Microsoft 's VC arm, and Porsche. That's right -- they think these 10 stocks are even better buys.
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8a02efcd-4048-47fc-ab9c-8a7c4122c7cf
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716966.0
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2017-11-22 00:00:00 UTC
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Stratasys Is Nearing Launch of a Super-Fast 3D Printing Tech for Plastics
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DDD
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https://www.nasdaq.com/articles/stratasys-nearing-launch-super-fast-3d-printing-tech-plastics-2017-11-22
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nan
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nan
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Stratasys ' (NASDAQ: SSYS) new, wholly owned subsidiary Evolve Additive Solutions is at the "doorstep" of launching a product -- presumably a 3D printing system -- based on its high-speed 3D printing tech for plastics that it claims is "50 times faster than the next fastest AM [additive manufacturing, a term often used interchangeably with "3D printing"] plastics technology."
Here's what you should know.
Stratasys' new Evolve subsidiary and its fast 3D printing tech
In June, Stratasys created Evolve, which is based in the Minneapolis area, for further incubating its speedy tech that began life as a research project at the company in 2009. The tech is based on electrophotography (EP), also known as xerography, which means "dry writing" in Greek, and is the root from which Xerox derived its name. EP is the tech used in most photocopying machines and in laser 2D printers.
In the 2D world, xerography uses a static-electric charge to transfer an image onto a substrate, most commonly paper. Evolve understandably doesn't divulge details to the public about its tech, but we do have some information thanks to the publication of a patent application in July. Here's the abstract from Stratasys' patent application for "Systems and methods for electrophotography-based additive manufacturing of parts":
The inventors listed on the application are J. Samuel Batchelder, Arun Chowdry, and Steven Chillscyzn. Chillscyzn and Chowdry are Evolve's CEO and head of technology and materials, respectively, according the company's website. Chillscyzn, who is a mechanical engineer by training, has more than 10 years of experience at Stratasys, including directing advanced technology development and systems engineering. Chowdry, an electrical engineer by education, sports an impressive background that includes involvement with electrophotography as director of Kodak's EP imagining portfolio.
Evolve employs 21 engineers, four of whom have PhDs, and its underlying technologies have more than 100 granted and pending patents already, according to the company's website.
Why Stratasys really needs a speedy 3D printing tech
The fact that Stratasys has been developing a high-speed 3D printing process -- not quite in stealth mode, but somewhat under the radar -- should help quell some investors' concerns. Anyone with experience using 3D printers can relate to the line from the iconic Top Gun : "I feel the need, the need for speed." Faster speeds are necessary for 3D printing to make greater inroads into manufacturing applications beyond very small production runs of high-value parts. And Stratasys has been conspicuously missing among companies recently launching 3D printers that are touted to be much faster than the other offerings on the market.
In the spring of 2016, start-up Carbon and 2D printing giant HP Inc. entered the 3D printing market with launches of super-speedy 3D printers. Earlier this year, 3D Systems (NYSE: DDD) -- which along with Stratasys is one of the industry's two largest publicly traded pure-play 3D printing companies -- announced the commercial availability of its high-speed Figure 4 system .
While there's no guarantee that Stratasys will succeed in the high-speed 3D printing market, at least investors know the company is in this high-stakes game.
Addendum: I reached out to Evolve to confirm whether or not the speed comparison ("50 times faster" than the next fastest plastics 3D printing tech) includes the three newer fast 3D printing techs launched by the companies mentioned above. I've not received an answer to that question as of this writing.
10 stocks we like better than Stratasys
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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.
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*Stock Advisor returns as of November 6, 2017
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.
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Earlier this year, 3D Systems (NYSE: DDD) -- which along with Stratasys is one of the industry's two largest publicly traded pure-play 3D printing companies -- announced the commercial availability of its high-speed Figure 4 system . The tech is based on electrophotography (EP), also known as xerography, which means "dry writing" in Greek, and is the root from which Xerox derived its name. Chowdry, an electrical engineer by education, sports an impressive background that includes involvement with electrophotography as director of Kodak's EP imagining portfolio.
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Earlier this year, 3D Systems (NYSE: DDD) -- which along with Stratasys is one of the industry's two largest publicly traded pure-play 3D printing companies -- announced the commercial availability of its high-speed Figure 4 system . Stratasys ' (NASDAQ: SSYS) new, wholly owned subsidiary Evolve Additive Solutions is at the "doorstep" of launching a product -- presumably a 3D printing system -- based on its high-speed 3D printing tech for plastics that it claims is "50 times faster than the next fastest AM [additive manufacturing, a term often used interchangeably with "3D printing"] plastics technology." Chillscyzn, who is a mechanical engineer by training, has more than 10 years of experience at Stratasys, including directing advanced technology development and systems engineering.
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Earlier this year, 3D Systems (NYSE: DDD) -- which along with Stratasys is one of the industry's two largest publicly traded pure-play 3D printing companies -- announced the commercial availability of its high-speed Figure 4 system . Stratasys ' (NASDAQ: SSYS) new, wholly owned subsidiary Evolve Additive Solutions is at the "doorstep" of launching a product -- presumably a 3D printing system -- based on its high-speed 3D printing tech for plastics that it claims is "50 times faster than the next fastest AM [additive manufacturing, a term often used interchangeably with "3D printing"] plastics technology." Stratasys' new Evolve subsidiary and its fast 3D printing tech In June, Stratasys created Evolve, which is based in the Minneapolis area, for further incubating its speedy tech that began life as a research project at the company in 2009.
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Earlier this year, 3D Systems (NYSE: DDD) -- which along with Stratasys is one of the industry's two largest publicly traded pure-play 3D printing companies -- announced the commercial availability of its high-speed Figure 4 system . Stratasys ' (NASDAQ: SSYS) new, wholly owned subsidiary Evolve Additive Solutions is at the "doorstep" of launching a product -- presumably a 3D printing system -- based on its high-speed 3D printing tech for plastics that it claims is "50 times faster than the next fastest AM [additive manufacturing, a term often used interchangeably with "3D printing"] plastics technology." The tech is based on electrophotography (EP), also known as xerography, which means "dry writing" in Greek, and is the root from which Xerox derived its name.
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18960284-0a7d-4777-84ae-daa4e13a7a26
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716967.0
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2017-11-20 00:00:00 UTC
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Why 3D Systems Stock Popped 11% on Monday
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-stock-popped-11-monday-2017-11-20
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nan
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nan
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What happened
Shares of 3-D printer-maker 3D Systems (NYSE: DDD) popped nearly 11% in early trading on Monday, but were up just 1.3% as of 12:17 p.m. EST, after investment banker Piper Jaffray relented on its sell rating, and upgraded 3-D Systems stock to neutral.
So what
Ordinarily, investors view an analyst upgrade as good news, and a good reason to bid up a stock. But the situation with 3D Systems stock is a bit different from the ordinary. For one thing, consider the share price.
Priced at $8.34 prior to Piper Jaffray's upgrade, 3D Systems stock jumped as high as $9.25 a share on the back of the upgrade. But here's the thing: Despite that upgrade, Piper Jaffray held its price target on 3D systems steady at $6.25 per share.
What's more, the analyst reiterated its reservations, expressed in a note earlier this month , that heightened competition from rivals such as Stratasys (NASDAQ: SSYS) and -- particularly -- HP (NYSE: HPQ) , will present 3D Systems with a "difficult next six months." In short, although Piper Jaffray no longer believes that 3-D Systems stock is a sell, it definitely does not believe that 3-D Systems is a buy just yet.
Now what
I agree -- at least with the second part of that statement. With no GAAP profits to its name, minimal free cash flow, and a valuation of 90.5 times trailing free cash flow, 3D Systems does not look like any kind of objective buy to me.
Relative to the competition, 3D Systems also looks more expensive than Stratasys. Neither stock has any GAAP earnings upon which to base a value, but Stratasys sells for a significantly lower multiple to free cash flow (30 times) than does 3D. Valued on book value, Stratasys also sports a lower P/B ratio of just 1.0 -- 33% cheaper than 3D's P/B ratio of 1.5.
HP stock looks cheaper than both at just 16 times trailing GAAP earnings and 11.2 times trailing free cash flow. Given that Piper Jaffray views HP as the biggest threat to 3D Systems today, and given the valuation arguments in HP's favor, I'm of a mind to think that selling 3D Systems and buying HP stock instead could be an interesting paired trade.
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 tripled 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 6, 2017
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.
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What happened Shares of 3-D printer-maker 3D Systems (NYSE: DDD) popped nearly 11% in early trading on Monday, but were up just 1.3% as of 12:17 p.m. EST, after investment banker Piper Jaffray relented on its sell rating, and upgraded 3-D Systems stock to neutral. But here's the thing: Despite that upgrade, Piper Jaffray held its price target on 3D systems steady at $6.25 per share. Neither stock has any GAAP earnings upon which to base a value, but Stratasys sells for a significantly lower multiple to free cash flow (30 times) than does 3D.
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What happened Shares of 3-D printer-maker 3D Systems (NYSE: DDD) popped nearly 11% in early trading on Monday, but were up just 1.3% as of 12:17 p.m. EST, after investment banker Piper Jaffray relented on its sell rating, and upgraded 3-D Systems stock to neutral. With no GAAP profits to its name, minimal free cash flow, and a valuation of 90.5 times trailing free cash flow, 3D Systems does not look like any kind of objective buy to me. HP stock looks cheaper than both at just 16 times trailing GAAP earnings and 11.2 times trailing free cash flow.
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What happened Shares of 3-D printer-maker 3D Systems (NYSE: DDD) popped nearly 11% in early trading on Monday, but were up just 1.3% as of 12:17 p.m. EST, after investment banker Piper Jaffray relented on its sell rating, and upgraded 3-D Systems stock to neutral. In short, although Piper Jaffray no longer believes that 3-D Systems stock is a sell, it definitely does not believe that 3-D Systems is a buy just yet. Given that Piper Jaffray views HP as the biggest threat to 3D Systems today, and given the valuation arguments in HP's favor, I'm of a mind to think that selling 3D Systems and buying HP stock instead could be an interesting paired trade.
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What happened Shares of 3-D printer-maker 3D Systems (NYSE: DDD) popped nearly 11% in early trading on Monday, but were up just 1.3% as of 12:17 p.m. EST, after investment banker Piper Jaffray relented on its sell rating, and upgraded 3-D Systems stock to neutral. In short, although Piper Jaffray no longer believes that 3-D Systems stock is a sell, it definitely does not believe that 3-D Systems is a buy just yet. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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716968.0
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2017-11-20 00:00:00 UTC
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Why 3D Systems Corporation (DDD) Stock Was Up Today
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-corporation-ddd-stock-was-today-2017-11-20
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems Corporation (NYSE: DDD ) stock started off strong on Monday before dropping back to normal levels.
Source: Image via 3D Systems
The cause for the jump in price for 3D Systems Corporation stock has to do with an analyst upgrade from Piper Jaffray. The firm upgraded its rating for DDD stock from "Sell" to "Neutral." This resulted in the stock climbing 10% Monday morning.
While the upgrade was good news for DDD stock, there was one part of it that is the cause for its decline back to normal levels. This is Piper Jaffray's price target for the stock. Piper Jaffray has a price target of $6.25 per share for the stock, which is unchanged despite its rating upgrade. DDD stock was sitting at $8.34 when the markets closed on Friday.
Another bit of depressing news for DDD stock in Piper Jaffray's recent update are warnings about rivals. These rivals include Stratasys, Ltd. (NASDAQ: SSYS ) and HP Inc (NYSE: HPQ ). These other companies could give 3D Systems Corporation trouble in the near future, reports The Motley Fool .
URL must be an investorplace.com link. Please edit.
3D Systems Corporation last reported earnings on Oct. 31, 2017 . The company's third-quarter report fell below expectations with losses per share of 20 cents on revenue of $152.9 million. Wall Street was looking for the company to report earnings per share of 12 cents on revenue of $162.5 million for the third quarter of the year.
DDD stock started off on Monday up 6% before peaking at 10%. However, the stock is now only slightly up as of Monday afternoon. DDD stock is also down 32% year-to-date.
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As of this writing, William White did not hold a position in any of the aforementioned securities.
The post Why 3D Systems Corporation (DDD) Stock Was Up Today 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.
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While the upgrade was good news for DDD stock, there was one part of it that is the cause for its decline back to normal levels. Another bit of depressing news for DDD stock in Piper Jaffray's recent update are warnings about rivals. InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) stock started off strong on Monday before dropping back to normal levels.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) stock started off strong on Monday before dropping back to normal levels. The post Why 3D Systems Corporation (DDD) Stock Was Up Today appeared first on InvestorPlace . The firm upgraded its rating for DDD stock from "Sell" to "Neutral."
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) stock started off strong on Monday before dropping back to normal levels. The firm upgraded its rating for DDD stock from "Sell" to "Neutral." While the upgrade was good news for DDD stock, there was one part of it that is the cause for its decline back to normal levels.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) stock started off strong on Monday before dropping back to normal levels. DDD stock started off on Monday up 6% before peaking at 10%. The firm upgraded its rating for DDD stock from "Sell" to "Neutral."
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2017-11-16 00:00:00 UTC
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What Falling Estimates & Price Mean for 3D Systems Corporation (DDD)
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https://www.nasdaq.com/articles/what-falling-estimates-price-mean-for-3d-systems-corporation-ddd-2017-11-16
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is 3D Systems CorporationDDD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDD.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen eight estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from earnings of 44 cents a share a month ago to its current level of a loss of 4 cents.
Also, for the current quarter, 3D Systems has seen two downward estimate revisions versus no revision in the opposite direction, dragging the consensus estimate down to 2 cents a share from earnings of 18 cents over the past 30 days.
The stock has also seen some pretty dismal trading lately, as the share price has dropped 29.7% in the past month.
3D Systems Corporation Price and Consensus
3D Systems Corporation Price and Consensus | 3D Systems Corporation Quote
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the Computer - Mini computers industry, you may instead consider a better-ranked stock - HP Inc. HPQ . The stock currently carries a Zacks Rank #2 (Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
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HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
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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.
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One such stock that you may want to consider dropping is 3D Systems CorporationDDD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDD. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. One such stock that you may want to consider dropping is 3D Systems CorporationDDD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDD.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. One such stock that you may want to consider dropping is 3D Systems CorporationDDD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDD.
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One such stock that you may want to consider dropping is 3D Systems CorporationDDD , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDD. Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here.
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2017-11-15 00:00:00 UTC
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Stratasys (SSYS) Q3 Earnings Top, Revenues Miss, '17 View Up
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https://www.nasdaq.com/articles/stratasys-ssys-q3-earnings-top-revenues-miss-17-view-up-2017-11-15
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Stratasys Ltd.SSYS reported mixed results for third-quarter 2017, wherein the bottom line surpassed the Zacks Consensus Estimate but the top line missed the same. Furthermore, although revenues witnessed a marginal fall, earnings improved significantly on a year-over-year basis.
For the third quarter, the company reported non-GAAP earnings per share of 8 cents, which surpassed the consensus mark of 4 cents.
The year-over-year improvement in the bottom line was mainly driven by the company's consistent focus on reducing operating expenses, partially offset by lower revenues.
Shares of Stratasys rallied 4% yesterday, following the third-quarter results. Also, the company upped its full-year 2017 guidance, which positively impacted the share price.
Notably, the stock has outperformed the industry to which it belongs to year to date. The stock yielded a return of 26.8% over the period, outperforming the industry's gain of 12%.
Quarter Details
Stratasys' revenues of $155.9 million missed the Zacks Consensus Estimate of $162 million. Also, on a year-over-year basis, the figure dipped 0.8% mainly due to a fall in Product revenues.
Segment wise, Product revenues were down 2% from the year-ago quarter to $108.4 million mainly due to a 6% decline in System sales, which was affected by a shift in product mix toward the lower-end system. Also, severe weather conditions in North America during September negatively impacted segmental revenues.
Revenues from Services, however, were up 1% year over year to $47.5 million. The increase was primarily due to 5% growth in customer support revenues driven primarily by growth in the installed base of systems.
Stratasys' non-GAAP gross margin contracted 150 basis points (bps) to 52.5%, primarily due to the shift in product mix and lower revenue base.
The company's non-GAAP operating expenses decreased 10% year over year to $73.8 million, primarily due to the company's continuous focus on improving operating efficiencies. Also, as a percentage of revenues, non-GAAP operating expenses went down year over year from 51.9% to 47.3%. The decrease was primarily due to lower research and development expenses, and selling, general and administrative expenses.
The company posted non-GAAP operating income of $8.1 million in the reported quarter compared with $3.3 million in the year-ago quarter. Operating margins came in at 5.2% compared with 2.1% reported in the year-ago quarter.
The company exited the quarter with cash and cash equivalents of $302.8 million compared with $305.3 million at the end of the previous quarter. Inventories came in at approximately $124.1 million compared with $116.5 million in the previous quarter. Long-term debt as of Sep 30, 2017, came in at $19.5 million.
Guidance
Stratasys updated its full-year 2017 outlook. The company now expects revenues in the range of $655-$670 million, up from the previous guidance of $645-$680 million. The Zacks Consensus Estimate is pegged at $670.6 million. Non-GAAP earnings per share are now projected between 40 cents and 48 cents, up from the previous guidance of 19 cents and 37 cents. The Zacks Consensus Estimate is pegged at 36 cents.
Furthermore, the company now anticipates non-GAAP operating margin to be in the range of 5-6% (previous guidance 3-5%). Capital expenditure is now estimated in the range of $20-$30 million, down from the previous guidance range of $40-$50 million.
Bottom Line
We are positive about Stratasys' turnaround strategies which include innovative product launches, strategic partnerships and acquisitions. These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright.
Nonetheless, some customers are delaying their purchases owing to the current economic conditions. Going forward, competition from peers is also a potent headwind.
Currently, Stratasys carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology sector are NVIDIA Corporation NVDA and Micron Technology, Inc. MU , both sporting Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term expected EPS growth rates for NVIDIA and Micron are 11.2% and 10%, respectively.
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3D Systems Corporation (DDD): Free Stock Analysis Report
Stratasys, Ltd. (SSYS): 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.
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These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): 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. The year-over-year improvement in the bottom line was mainly driven by the company's consistent focus on reducing operating expenses, partially offset by lower revenues.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): 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. These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Stratasys Ltd.SSYS reported mixed results for third-quarter 2017, wherein the bottom line surpassed the Zacks Consensus Estimate but the top line missed the same.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): 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. These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Quarter Details Stratasys' revenues of $155.9 million missed the Zacks Consensus Estimate of $162 million.
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These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Stratasys, Ltd. (SSYS): 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. Quarter Details Stratasys' revenues of $155.9 million missed the Zacks Consensus Estimate of $162 million.
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2017-11-15 00:00:00 UTC
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Validea Kenneth Fisher Strategy Daily Upgrade Report - 11/15/2017
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https://www.nasdaq.com/articles/validea-kenneth-fisher-strategy-daily-upgrade-report-11152017-2017-11-15
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The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
3D SYSTEMS CORPORATION ( DDD ) is a small-cap value stock in the Computer Peripherals industry. The rating according to our strategy based on Kenneth Fisher changed from 58% to 70% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: 3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments. Its solutions support applications in a range of industries, including healthcare, aerospace, automotive and durable goods. The Company offers a range of 3D printers, print materials, software, haptic devices, scanners and virtual surgical simulators. The Company offers a range of 3D printing technologies, including Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Metal Printing (DMP), MultiJet Printing (MJP) and ColorJet Printing (CJP). The Company also offers 3D virtual reality simulators and simulator modules for medical applications.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Kenneth Fisher has returned 430.25% vs. 157.78% for the S&P 500. For more details on this strategy, click here
About Kenneth Fisher : The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio ( PSR ) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.
About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, 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.
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3D SYSTEMS CORPORATION ( DDD ) is a small-cap value stock in the Computer Peripherals industry. The Company offers a range of 3D printers, print materials, software, haptic devices, scanners and virtual surgical simulators. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging.
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3D SYSTEMS CORPORATION ( DDD ) is a small-cap value stock in the Computer Peripherals industry. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools.
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3D SYSTEMS CORPORATION ( DDD ) is a small-cap value stock in the Computer Peripherals industry. The Company offers a range of 3D printing technologies, including Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Metal Printing (DMP), MultiJet Printing (MJP) and ColorJet Printing (CJP). For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Kenneth Fisher has returned 430.25% vs. 157.78% for the S&P 500.
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3D SYSTEMS CORPORATION ( DDD ) is a small-cap value stock in the Computer Peripherals industry. The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. The Company offers a range of 3D printers, print materials, software, haptic devices, scanners and virtual surgical simulators.
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2017-11-13 00:00:00 UTC
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Stratasys Earnings Preview: What to Watch on Tuesday
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https://www.nasdaq.com/articles/stratasys-earnings-preview-what-watch-tuesday-2017-11-13
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Stratasys Ltd. (NASDAQ: SSYS) is slated to report its third-quarter 2017 earnings before the market opens on Tuesday, Nov. 14.
The diversified 3D printing company is going into its report with its stock up 23.6% in 2017, through Friday, versus the S&P 500 's 17.3% return. Shares of prime rival 3D Systems (NYSE: DDD) are down 34% for the period.
Given Stratasys stock's outperformance and 3D Systems' poor third-quarter earnings released on Oct. 31, the market is likely primed to thrash the stock if the company posts weaker-than-expected earnings and/or lowers its full-year 2017 guidance. Investors sent shares of 3D Systems plunging to a closing loss of 24% following its worse-than-expected results and withdrawal of 2017 guidance.
Key numbers
Here are Stratasys' year-ago results and Wall Street analysts' estimates to use as benchmarks.
Data sources: Stratasys and Yahoo! Finance. EPS = earnings per share.
Unlike 3D Systems, which also whiffed in the second quarter, Stratasys has been doing a good job of meeting or beating Wall Street's estimates so far in 2017. Last quarter , it turned in adjusted EPS of $0.17, breezing by the consensus of $0.07. In the first quarter, it met analysts' adjusted EPS target of $0.05 on the bull's-eye.
Beyond the headline numbers, here's what to focus on in Stratasys' report.
3D printer sales
Investors should remain focused on 3D printer sales. Sales of 3D printers are central to Stratasys' razor-and-blade-like business model : Sales of printers drive recurring revenue from sales of the high-margin print materials, as well as maintenance contracts. Considering the revenue generated from 3D printer sales, rather than the number of units sold, provides a glimpse into pricing pressures from increased competition.
Stratasys' 3D printer revenue picture for the last four quarters looked like this:
Q2 2017: Decline of 6% year over year
Q1 2017: Decline of 11%
Q4 2016: Decline of 4%
Q3 2016: Decline of 20%
In the third quarter, 3D Systems' revenue from 3D printer sales dropped 11% year over year, after slipping 14% in the third quarter.
Stratasys and 3D Systems have been struggling to sell 3D printers since 2015. One initial reason was a glut of 3D printers in the field due to the companies' robust sales of printers in the preceding couple years. Another factor that's been at play since at least last year is increased competition in the polymer 3D printer space from new entrants HP Inc. and Carbon. Indeed, 3D Systems' CEO acknowledged on the recent earnings call that the company is experiencing "aggressive" competition from these two new players.
Other things to watch: Next-gen techs, metal initiatives, and competition in general
Stratasys has been developing three next-generation 3D printing technologies aimed at manufacturing applications: Infinitive Build, Robotic Composite, and Continuous Build. It's working with some impressive partners on these endeavors, including Ford , Boeing , and Siemens. Hopefully, management will provide a status update on the earnings call.
Stratasys has recently been increasing its exposure to metal 3D printing. In 2017, it announced a strategic investment in LPW Technology, which supplies metal powder solutions to the 3D printing industry, and announced a strategic partnership with Desktop Metal, a start-up that makes metal 3D printers. I'd be looking for an update on these initiatives if I were an investor.
Lastly, hopefully management will also provide some commentary on the competitive pressures the company is facing, notably from HP and Carbon. That said, it's natural for companies to talk up their products and future potential and downplay competition. So investors should be more focused on cold, hard numbers -- which always reflect competitive pressures -- rather than putting too much stock into management comments.
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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.
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Shares of prime rival 3D Systems (NYSE: DDD) are down 34% for the period. Unlike 3D Systems, which also whiffed in the second quarter, Stratasys has been doing a good job of meeting or beating Wall Street's estimates so far in 2017. Considering the revenue generated from 3D printer sales, rather than the number of units sold, provides a glimpse into pricing pressures from increased competition.
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Shares of prime rival 3D Systems (NYSE: DDD) are down 34% for the period. Given Stratasys stock's outperformance and 3D Systems' poor third-quarter earnings released on Oct. 31, the market is likely primed to thrash the stock if the company posts weaker-than-expected earnings and/or lowers its full-year 2017 guidance. Key numbers Here are Stratasys' year-ago results and Wall Street analysts' estimates to use as benchmarks.
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Shares of prime rival 3D Systems (NYSE: DDD) are down 34% for the period. Given Stratasys stock's outperformance and 3D Systems' poor third-quarter earnings released on Oct. 31, the market is likely primed to thrash the stock if the company posts weaker-than-expected earnings and/or lowers its full-year 2017 guidance. Sales of 3D printers are central to Stratasys' razor-and-blade-like business model : Sales of printers drive recurring revenue from sales of the high-margin print materials, as well as maintenance contracts.
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Shares of prime rival 3D Systems (NYSE: DDD) are down 34% for the period. Given Stratasys stock's outperformance and 3D Systems' poor third-quarter earnings released on Oct. 31, the market is likely primed to thrash the stock if the company posts weaker-than-expected earnings and/or lowers its full-year 2017 guidance. EPS = earnings per share.
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2017-11-13 00:00:00 UTC
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Stratasys (SSYS) Q3 Earnings: What to Expect From the Stock?
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https://www.nasdaq.com/articles/stratasys-ssys-q3-earnings%3A-what-to-expect-from-the-stock-2017-11-13
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Stratasys Ltd.SSYS is scheduled to report third-quarter 2017 results before the market opens on Nov 14. In the trailing four quarters, the company topped earnings estimates in three, delivering an average beat of 66.9%.
Before we discuss the factors likely to influence the forthcoming results, let's take a look at how the company performed in the last quarter.
The company reported decent results in second-quarter 2017, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Furthermore, although the top line witnessed a marginal fall, the bottom line improved significantly on a year-over-year basis.
The Zacks Consensus Estimate for the third quarter is pegged at 4 cents compared to the in-line earnings reported in the year-ago quarter. The Zacks Consensus Estimate for sales of $162 million indicates around 3.2% growth from the prior-year quarter.
Let's see how things are shaping up prior to this announcement.
Factors to Impact Q3 Results
Stratasys is a manufacturer of in-office rapid prototyping and manufacturing systems and 3D printers. We are positive about Stratasys' turnaround strategies which include innovative product launches, strategic partnerships and acquisitions. These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright.
However, we remain concerned about the company's declining gross margin which has been impacted by the incremental sales generated from the lower-margin products of acquired businesses including MakerBot, Solid Concepts and Harvest Technologies. In the second quarter, the company's non-GAAP gross margin contracted 290 basis points year over year. Therefore, Stratasys has to generate revenues from the sales of higher margin products to maintain its profitability in the to-be-reported quarter.
Further, some customers are delaying their purchases owing to the current economic conditions. Going forward, competition from peers is also a potent headwind.
Stratasys, Ltd. Price and EPS Surprise
Stratasys, Ltd. Price and EPS Surprise | Stratasys, Ltd. Quote
What the Zacks Model Unveils?
Our proven model does not conclusively show that Stratasys is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is -5.26%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Zacks Rank: Stratasys' Zacks Rank #3 when combined with a negative ESP makes surprise prediction difficult.
Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.
Stocks With Favorable Combination
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Meritor, Inc. MTOR has an Earnings ESP of +4.26% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Cisco Systems, Inc. CSCO has an Earnings ESP of +0.28% and a Zacks Rank #3.
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Cisco Systems, Inc. (CSCO): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Meritor, Inc. (MTOR): 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.
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These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Meritor, Inc. (MTOR): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. However, we remain concerned about the company's declining gross margin which has been impacted by the incremental sales generated from the lower-margin products of acquired businesses including MakerBot, Solid Concepts and Harvest Technologies.
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Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Meritor, Inc. (MTOR): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Stratasys, Ltd. Price and EPS Surprise Stratasys, Ltd. Price and EPS Surprise | Stratasys, Ltd. Quote What the Zacks Model Unveils?
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Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Meritor, Inc. (MTOR): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Zacks Rank: Stratasys' Zacks Rank #3 when combined with a negative ESP makes surprise prediction difficult.
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These initiatives will help the company to better compete with its arch rival 3D Systems Corporation DDD and gain more market share as the prospects of 3D printing industry appear bright. Click to get this free report Cisco Systems, Inc. (CSCO): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Meritor, Inc. (MTOR): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. The company reported decent results in second-quarter 2017, wherein both earnings and revenues surpassed the Zacks Consensus Estimate.
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2017-11-10 00:00:00 UTC
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Groupon, 3D Systems, Walt Disney, NVIDIA and Nordstrom highlighted as Zacks Bull and Bear of the Day
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DDD
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https://www.nasdaq.com/articles/groupon-3d-systems-walt-disney-nvidia-and-nordstrom-highlighted-as-zacks-bull-and-bear-of
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nan
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For Immediate Release
Chicago, IL - November 10, 2017 - Zacks Equity Research highlights GrouponGRPN as the Bull of the Day and 3D Systems Inc.DDD as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Walt Disney Co.DIS , NVIDIANVDA and NordstromJWN .
Here is a synopsis of all five stocks:
Bull of the Day :
Actor and comedian Tiffany Haddish recently stopped by Jimmy Kimmel Live, and hilariously described a time when she bought a Groupon for a Cajun swamp tour for her and Will & Jada Pinkett Smith-seriously, watch the interview, it will be the funniest thing you'll see all day-giving Groupon a ringing endorsement it probably didn't even know it needed.
The company is known for just that: random deal-of-the-day recommendations. You can score deals on restaurants, fitness, travel, and even Cajun swamp tours at bargain prices. Once deals are announced, they only remain active for 24 to 72 hours and are then no longer available for purchase.
Groupon is headquartered in Chicago, but you can find deals in cities across the U.S. and Canada; it is also quickly growing its footprint in Central and South America, Australia, the U.K., Europe, and parts of the Middle East.
Impressive Turnaround
Sitting at a Zacks Rank #1 (Strong Buy), Groupon has been on an impressive rebound lately. Despite posting mixed third-quarter results, the company's gross profit and adjusted EBITDA guidance keep climbing.
Earnings per share of a penny came in line with the Zacks Consensus Estimate, marking the fourth consecutive quarter of positive EPS. Revenues, however, declined 8% year-over-year to $634.5 million.
Even though the hurricanes in late August and September negatively impacted North American gross profit, this metric managed to increase 3%, while international gross profit surged 11% year-over-year.
Looking ahead, Groupon raised both its gross profit and adjusted EBITDA guidance range.
It now expects gross profit in the range of $1.305 to $1.355 billion, up from the range of $1.30 billion to $1.35 billion, and adjusted EBITDA in the range of $225 million-$245 million, up from the range of $215 million-$240 million.
Strong Growth Outlook
Groupon is currently witnessing major growth on its bottom line.
Current quarter estimates anticipate earnings to increase over 24%, while the company's bottom line is projected to rise almost 230% and 50% for the current year and next year, respectively.
And, more and more analysts are revising their earnings estimates upwards for Groupon. Right now, six have shifted their estimate higher in the last 30 days compared to two lower for the current year.
Looking at the long term, Groupon expects earnings to grow 10%.
Shares are Soaring
So far this year, GRPN stock has gained close to 70% compared to the S&P 500's return of over 15%. Groupon has also performed better than its industry, Internet-Commerce , which is no underperformer by any means; it has returned about 60% year-to-date.
Bear of the Day :
A big name in the 3D-printing market for over 30 years, 3D Systems Inc. is a leading provider of 3D modeling, rapid prototyping, and manufacturing solutions.
The company's systems and materials reduce the time and cost of designing products, and they facilitate direct and indirect manufacturing by creating parts directly from digital input.
3D Systems has a notable healthcare business, and its precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments
Disappointing Q3 Earnings
When 3D Systems reported third-quarter results recently, it marked the company's third consecutive earnings miss. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year.
Revenues of $153 million also missed our consensus estimate and declined 2.2% from the prior year period.
Overall, there was steady demand for the company's healthcare solutions and industrial offerings. Strength in the EMEA region was more than offset by softer revenues in the Americas and the Asia-Pacific region.
However, 3D Systems withdrew its full-year 2017 guidance in light of the company's decision to conduct an extensive review of inventory based on year-to-date demand, customer data, and market trends.
The Road Ahead
Even though 3D Systems can boast steady momentum in its healthcare offerings, solid demand for its production printers and materials, and higher efficiency in "demand manufacturing services," the road ahead is going to be a bumpy one.
After the company reported earnings, about five or so firms announced downgrades on DDD, cut their price targets, or both. DDD is currently a #5 (Strong Sell) on the Zacks Rank.
Current quarter estimates anticipate earnings to decrease over 86%. And for the current year, Zacks expects 3D Systems' earnings to decline almost 110%. Eight analysts have revised their estimates downwards in the last 30 days compared to none higher.
The company has an average earnings surprise of -83.8%.
Additional content:
Disney, Nordstrom Down on Earnings, NVIDIA Up
The Walt Disney Co. missed expectations on both top and bottom lines, posting $1.07 per share on quarterly sales of $12.78 billion, below the estimates of $1.12 and $13.15 billion, respectively. Both figures are beneath Disney's year-ago results, as well. Shares have fallen more than 4% immediately upon the report hitting the tape.
Media Networks looks to have had the biggest shortfall of all the entertainment conglomerate's businesses. Broadcasting income fell 15% in the quarter, with flat results from ESPN. Parks and Resorts beat expectations. The upcoming conference call will likely have many questions pertaining to Disney's proposal to purchase 21st Century Fox's movie studio and TV assets. For more info on DIS' earnings, click here.
Nordstrom routinely outperformed earnings estimates for its fiscal Q3, bringing in 67 cents per share, above the 63 cents expected, on $3.63 billion in revenues, which also topped estimates. Online sales rose 14% year over year.
This marks at least the fifth straight quarter of a positive earnings surprise for the Zacks Rank #3 (Hold) department store retailer. Comps came in light of expectations, however, and the company lowered the high end of its earnings guidance. These results have sent the stock down in late trading today by 3.8%. For more on JWN's earnings, click here.
Chip-making giant NVIDIA also posted a typical big beat on its bottom line for fiscal Q3, with $1.33 per share easily surpassing the 94 cents in the Zacks consensus. Revenues of $2.64 billion were also well ahead of the anticipated $2.36 billion. The Zacks Rank #2 (Buy) company also upped its Q4 guidance, and shares have tiptoed into positive territory in the after-market following a slight sell-off during regular trading hours. NVDA is up 92% year to date. For more on NVDA's earnings, click here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X 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>>
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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3D Systems Corporation (DDD): Free Stock Analysis Report
Walt Disney Company (The) (DIS): Free Stock Analysis Report
Groupon, Inc. (GRPN): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
NVIDIA Corporation (NVDA): 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.
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For Immediate Release Chicago, IL - November 10, 2017 - Zacks Equity Research highlights GrouponGRPN as the Bull of the Day and 3D Systems Inc.DDD as the Bear of the Day. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year. After the company reported earnings, about five or so firms announced downgrades on DDD, cut their price targets, or both.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Walt Disney Company (The) (DIS): Free Stock Analysis Report Groupon, Inc. (GRPN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - November 10, 2017 - Zacks Equity Research highlights GrouponGRPN as the Bull of the Day and 3D Systems Inc.DDD as the Bear of the Day. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Walt Disney Company (The) (DIS): Free Stock Analysis Report Groupon, Inc. (GRPN): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - November 10, 2017 - Zacks Equity Research highlights GrouponGRPN as the Bull of the Day and 3D Systems Inc.DDD as the Bear of the Day. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year.
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For Immediate Release Chicago, IL - November 10, 2017 - Zacks Equity Research highlights GrouponGRPN as the Bull of the Day and 3D Systems Inc.DDD as the Bear of the Day. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year. After the company reported earnings, about five or so firms announced downgrades on DDD, cut their price targets, or both.
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2017-11-10 00:00:00 UTC
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Bear of the Day: 3D Systems (DDD)
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DDD
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https://www.nasdaq.com/articles/bear-day-3d-systems-ddd-2017-11-10
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nan
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nan
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A big name in the 3D-printing market for over 30 years, 3D Systems Inc. (DDD) is a leading provider of 3D modeling, rapid prototyping, and manufacturing solutions.
The company's systems and materials reduce the time and cost of designing products, and they facilitate direct and indirect manufacturing by creating parts directly from digital input.
3D Systems has a notable healthcare business, and its precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments
Disappointing Q3 Earnings
When 3D Systems reported third-quarter results recently, it marked the company's third consecutive earnings miss. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year.
Revenues of $153 million also missed our consensus estimate and declined 2.2% from the prior year period.
Overall, there was steady demand for the company's healthcare solutions and industrial offerings. Strength in the EMEA region was more than offset by softer revenues in the Americas and the Asia-Pacific region.
However, 3D Systems withdrew its full-year 2017 guidance in light of the company's decision to conduct an extensive review of inventory based on year-to-date demand, customer data, and market trends.
The Road Ahead
Even though 3D Systems can boast steady momentum in its healthcare offerings, solid demand for its production printers and materials, and higher efficiency in "demand manufacturing services," the road ahead is going to be a bumpy one.
After the company reported earnings, about five or so firms announced downgrades on DDD, cut their price targets, or both. DDD is currently a #5 (Strong Sell) on the Zacks Rank.
Current quarter estimates anticipate earnings to decrease over 86%. And for the current year, Zacks expects 3D Systems' earnings to decline almost 110%. Eight analysts have revised their estimates downwards in the last 30 days compared to none higher.
The company has an average earnings surprise of -83.8%.
Shares Down on the Year
So far in 2017, shares of 3D Systems have dropped nearly 35% compared to the S&P 500's gain of about 15%.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
The stock has really underperformed when you compare it to its industry, Computer-Mini Computers , which has returned almost 53% this year.
With a forward P/E of 15.46 and price-to-sales of 1.59, though, 3D Systems sits on par with its industry value-wise.
For investors looking for a 3D-printing stock with more growth potential, they should consider HP Inc. (HPQ). A #2 (Buy) on the Zacks Rank, HP is surging into the space with its new Jet Fusion 3D printers, and could soon introduce 3D metal printers as well.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X 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
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.
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A big name in the 3D-printing market for over 30 years, 3D Systems Inc. (DDD) is a leading provider of 3D modeling, rapid prototyping, and manufacturing solutions. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year. After the company reported earnings, about five or so firms announced downgrades on DDD, cut their price targets, or both.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. A big name in the 3D-printing market for over 30 years, 3D Systems Inc. (DDD) is a leading provider of 3D modeling, rapid prototyping, and manufacturing solutions. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. A big name in the 3D-printing market for over 30 years, 3D Systems Inc. (DDD) is a leading provider of 3D modeling, rapid prototyping, and manufacturing solutions. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year.
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A big name in the 3D-printing market for over 30 years, 3D Systems Inc. (DDD) is a leading provider of 3D modeling, rapid prototyping, and manufacturing solutions. DDD reported a loss of 34 cents per share, not even coming close to the Zacks Consensus Estimate of 5 cents per share; EPS also fell 78.9% year-over-year. After the company reported earnings, about five or so firms announced downgrades on DDD, cut their price targets, or both.
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2017-11-06 00:00:00 UTC
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Why 3D Systems Fell Again This Morning
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-fell-again-morning-2017-11-06
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nan
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nan
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What happened
Last week was a rough week for investors in 3D printer maker 3D Systems (NYSE: DDD) -- and this week isn't starting off much better. 3D Systems' stock fell 10% in early Monday trading after it was reported that analysts at Zacks Equity Research had added the stock to their "strong sell" list.
So what
Zacks didn't provide a whole lot of context for its decision to downgrade 3D, saying only that the "Zacks Consensus Estimate" for 3D's current year earnings "has been revised 93.2% downward over the last 30 days." Be that as it may, analysts surveyed by Yahoo! Finance are still predicting that 3D will earn about $0.44 per diluted share this year and grow that figure 27% to $0.56 per diluted share in 2018.
That said, Zacks' rating comes as just the latest in a series of Wall Street downgrades and price target cuts following last week's disappointing earnings release at 3D.
Now what
Admittedly, Wall Street stock ratings and downgrades don't always make a whole lot of sense -- but in the case of 3D Systems, I kind of think they do. You see, while consensus estimates may be calling for 3D to earn a "profit" this year, the profit they're expecting is only of the "pro forma" variety.
In contrast, when calculated under generally accepted accounting principles (GAAP), 3D Systems is not remotely profitable today. What's more, according to data from S&P Global Market Intelligence , Wall Street analysts who follow 3D Systems don't expect to see the company turn in actual GAAP profit before 2020 at the earliest.
Meanwhile, 3D Systems itself announced that it has decided to "withdraw" its own guidance on future profits, throwing investors into confusion over its prospects at the worst possible time. No wonder investors are still streaming toward the exits.
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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.
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What happened Last week was a rough week for investors in 3D printer maker 3D Systems (NYSE: DDD) -- and this week isn't starting off much better. That said, Zacks' rating comes as just the latest in a series of Wall Street downgrades and price target cuts following last week's disappointing earnings release at 3D. What's more, according to data from S&P Global Market Intelligence , Wall Street analysts who follow 3D Systems don't expect to see the company turn in actual GAAP profit before 2020 at the earliest.
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What happened Last week was a rough week for investors in 3D printer maker 3D Systems (NYSE: DDD) -- and this week isn't starting off much better. Now what Admittedly, Wall Street stock ratings and downgrades don't always make a whole lot of sense -- but in the case of 3D Systems, I kind of think they do. What's more, according to data from S&P Global Market Intelligence , Wall Street analysts who follow 3D Systems don't expect to see the company turn in actual GAAP profit before 2020 at the earliest.
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What happened Last week was a rough week for investors in 3D printer maker 3D Systems (NYSE: DDD) -- and this week isn't starting off much better. 3D Systems' stock fell 10% in early Monday trading after it was reported that analysts at Zacks Equity Research had added the stock to their "strong sell" list. Now what Admittedly, Wall Street stock ratings and downgrades don't always make a whole lot of sense -- but in the case of 3D Systems, I kind of think they do.
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What happened Last week was a rough week for investors in 3D printer maker 3D Systems (NYSE: DDD) -- and this week isn't starting off much better. What's more, according to data from S&P Global Market Intelligence , Wall Street analysts who follow 3D Systems don't expect to see the company turn in actual GAAP profit before 2020 at the earliest. * 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!
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2017-11-06 00:00:00 UTC
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That's Odd: Bearish DDD Analysts See 36.56% Upside
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DDD
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https://www.nasdaq.com/articles/thats-odd-bearish-ddd-analysts-see-3656-upside-2017-11-06
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nan
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nan
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD). The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $12.28/share. That's a whopping 36.56% above where DDD has been trading recently at $8.99/share. With this kind of capital gain potential (should DDD reach that price target), one might expect to see a high concentration of "buy" or even "strong buy" ratings on the stock. Yet, take a look at the bearishness:
The average rating presented in the last row of the table above is from 1 to 5, where 1 would be a consensus Strong Buy and 5 would be a consensus Strong Sell. In the middle, 3 would be a Hold. So anything above 3 leans toward Sell as the average analyst sentiment. The average rating of 3.58 for DDD leans towards Sell, yet the DDD price target paints a different picture. Clearly, there is something more to the story here that is worth investigating for investors looking at 3D Systems Corp. . Of course, the average price target is just that - a mathematical average, and is only one metric. There are analysts with lower targets than the average, including one looking for a price of $7.00. And then on the other side of the spectrum one analyst has a target as high as $18.00. The standard deviation is $3.666.
But the whole reason to look at the average in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes - much like with guessing the number of jelly beans in a jar, where the average guess tends to be very close. And so with DDD trading so far below that average target price of $12.28/share, the 36.56% upside to that average target does seem to be a paradox against the bearish analyst ratings. Might analysts be behind the curve with their targets and downward adjustments are forthcoming? Or, is it time for some of these analysts to turn bullish and upgrade? One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. . This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on DDD - FREE .
The Top 25 Broker Analyst Picks 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.
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Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD). One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. . The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $12.28/share.
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The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $12.28/share. The average rating of 3.58 for DDD leans towards Sell, yet the DDD price target paints a different picture. Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 3D Systems Corp. (Symbol: DDD).
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The average 12-month price target for DDD - averaging the work of 9 analysts - reveals an average price target of $12.28/share. The average rating of 3.58 for DDD leans towards Sell, yet the DDD price target paints a different picture. And so with DDD trading so far below that average target price of $12.28/share, the 36.56% upside to that average target does seem to be a paradox against the bearish analyst ratings.
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The average rating of 3.58 for DDD leans towards Sell, yet the DDD price target paints a different picture. And so with DDD trading so far below that average target price of $12.28/share, the 36.56% upside to that average target does seem to be a paradox against the bearish analyst ratings. One thing is for sure: this apparent paradox makes for a good "signal" to investors in DDD to spend fresh time assessing the company and deciding whether analysts have it right with their sentiment, or have it right with their price target for 3D Systems Corp. .
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2017-11-06 00:00:00 UTC
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New Strong Sell Stocks for November 6th
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DDD
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-november-6th-2017-11-06
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
3D Systems CorporationDDD is a global provider of 3D printing products and services. The Zacks Consensus Estimate for its current year earnings has been revised 93.2% downward over the last 30 days.
AAON, Inc.AAON is a manufacturer of air-conditioning and heating equipment. The Zacks Consensus Estimate for its current year earnings has been revised 4.9% downward over the last 30 days.
Qorvo, Inc.QRVO is a provider of radio frequency solutions and technologies for mobile device and defense and aerospace applications globally. The Zacks Consensus Estimate for its current year earnings has been revised 1.4% downward over the last 30 days.
Papa John's International, Inc.PZZA is an operator and franchisor of pizza delivery and carryout restaurants. The Zacks Consensus Estimate for its current year earnings has been revised 1.8% downward over the last 30 days.
Lydall, Inc.LDL is a designer and marketer of specialty engineered filtration media and industrial thermal insulating solutions. The Zacks Consensus Estimate for its current year earnings has been revised 5.5% downward over the last 30 days.
View the entire Zacks Rank #5 List .
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3D Systems Corporation (DDD): Free Stock Analysis Report
Qorvo, Inc. (QRVO): Free Stock Analysis Report
AAON, Inc. (AAON): Free Stock Analysis Report
Lydall, Inc. (LDL): Free Stock Analysis Report
Papa John's International, Inc. (PZZA): 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.
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: 3D Systems CorporationDDD is a global provider of 3D printing products and services. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Qorvo, Inc. (QRVO): Free Stock Analysis Report AAON, Inc. (AAON): Free Stock Analysis Report Lydall, Inc. (LDL): Free Stock Analysis Report Papa John's International, Inc. (PZZA): Free Stock Analysis Report To read this article on Zacks.com click here. Qorvo, Inc.QRVO is a provider of radio frequency solutions and technologies for mobile device and defense and aerospace applications globally.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Qorvo, Inc. (QRVO): Free Stock Analysis Report AAON, Inc. (AAON): Free Stock Analysis Report Lydall, Inc. (LDL): Free Stock Analysis Report Papa John's International, Inc. (PZZA): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: 3D Systems CorporationDDD is a global provider of 3D printing products and services. The Zacks Consensus Estimate for its current year earnings has been revised 93.2% downward over the last 30 days.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Qorvo, Inc. (QRVO): Free Stock Analysis Report AAON, Inc. (AAON): Free Stock Analysis Report Lydall, Inc. (LDL): Free Stock Analysis Report Papa John's International, Inc. (PZZA): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: 3D Systems CorporationDDD is a global provider of 3D printing products and services. The Zacks Consensus Estimate for its current year earnings has been revised 93.2% downward over the last 30 days.
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: 3D Systems CorporationDDD is a global provider of 3D printing products and services. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Qorvo, Inc. (QRVO): Free Stock Analysis Report AAON, Inc. (AAON): Free Stock Analysis Report Lydall, Inc. (LDL): Free Stock Analysis Report Papa John's International, Inc. (PZZA): Free Stock Analysis Report To read this article on Zacks.com click here. View the entire Zacks Rank #5 List .
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f3d3140f-6c23-499f-b9bd-4e1bd36e6ffe
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2017-11-03 00:00:00 UTC
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Ouch, Ouch, Ouch! 3 Stocks, 3 Troubled Tales
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DDD
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https://www.nasdaq.com/articles/ouch-ouch-ouch-3-stocks-3-troubled-tales-2017-11-03
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In this MarketFoolery podcast, host Chris Hill and Motley Fool Asset Management's Bill Barker discuss a trio of earnings reports, but there aren't many earnings to be found among them. 3D printer company 3D Systems (NYSE: DDD) had issued quarterly guidance for a tidy profit, but instead delivered an even larger loss. Envision Healthcare (NYSE: EVHC) turned in a poor earnings report and cut guidance Tuesday, but its issues go deeper, with billing practices that have led to lawsuits. And Papa John's (NASDAQ: PZZA) turned in a perfectly good third-quarter report, but took a pizza cutter to its guidance.
A full transcript follows the video.
10 stocks we like better than Wal-Mart
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, the Motley Fool Stock Advisor, has tripled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Wal-Mart 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 October 9, 2017
The author(s) may have a position in any stocks mentioned.
This video was recorded on Nov. 1, 2017.
Chris Hill: It's Wednesday, November 1st. Welcome to MarketFoolery ! I'm Chris Hill. Joining me in studio today, from Motley Fool Asset Management, Bill Barker. Happy November!
Bill Barker: Thank you!
Hill: How was your Halloween?
Barker: Scary.
Hill: Was it legitimately scary?
Barker: No.
Hill: [laughs] A lot of trick or treaters? That whole thing?
Barker: I think zero. We were gone for part of the time and left some candy out, and when we came back, most or all of it was still there, as opposed to those years were all of it was gone. And it's not a great street for trick-or-treating. Some of the side streets are a lot better. In years past when I've been there the whole time, maybe five or six trick or treaters.
Hill: You'd think at least one kid would be savvy enough to do the math, look around, say, this house isn't getting any traffic, they're not home, all of this candy is mine.
Barker: Yeah. Normally, that's what happens. You?
Hill: A lot of traffic on my block, which is rare.
Barker: What were you handing out this year?
Hill: Handing out some Reese's Peanut Butter Cups.
Barker: Sure. Still ranked No. 1.
Hill: Peanut M&M's and York Peppermint Patties. It's like going to a Rolling Stones concert. I'm only playing the hits, I'm not risking it with anything else. I'm only playing the hits.
Barker: So, you had no tricks.
Hill: No tricks.
Barker: Everyone was just thrilled.
Hill: Yeah, absolutely.
Barker: Put the spray paint back, we're not bringing it out here. We have York Peppermint Patties.
Hill: No, we'll egg the next house. Not this one. Alright, thanks for being here. As always, people in the program -- no. We have news, we have earnings. And by earnings, I mean, well ...
Barker: Reports.
Hill: Reports, that's what we have.
Barker: Reports of results.
Hill: Reports of results. We don't have our earnings, at least not in our first story. Shares of 3D Systems are down 22%. They're hitting a six-year low. And that's because 3D Systems was expected in the third quarter to deliver actual profits, and instead it was a sizable loss. So, they're either really bad at in-quarter guidance, or things took a terrible turn in Q3. But, either way, this is a stock going straight down this morning.
Barker: Yeah, this is a stock, if you look at the long-term chart for the stock, it goes straight up in 2012-2013, and then straight down ever since. Referred to, sometimes, at least by Bill Mann, as the middle finger chart, which it seems to be showing investors again, today, as it visits new multi-year lows. This used to be a $90 stock. Now it's $9. The thing is, 3D printers, it's hard to differentiate your product from the competition. There's not really enough branding power or anything to that. 3D Systems has been more in the consumer side. I don't know what consumers buy a 3D printer to make. Nothing truly useful so far. And it's not been sufficiently exposed to the business side of 3D printing.
Hill: That was going to be my question. Who are they selling to? Who are they trying to sell to? It does seem like there is a market for 3D printing, but it is, at the moment, smaller than presumably it will be at some point in the future. But I would think, any company in this line of work would be doing everything they can to, I don't want to say ignore consumers, but steer their business toward other businesses. This seems like a B2B play, and if it's not, they really need to rethink their strategy.
Barker: They got on the wrong side of that strategy a while ago, and they have been rethinking it, and they have a relatively new CEO. He is talking about new strategic directions for the company, and those have not yet come to fruition. So, some of the guidance was about, we're continuing to pursue, and we have some new exciting products are going to be coming out in the near future. But I think the market is getting tired of waiting for the company to produce some real earnings. I can't say that I blame them, because there isn't anything that exciting about any one of these companies. They have patents that are expiring, the early round patents, and that's going to inspire new entrants to show up and compete and underprice them.
Hill: So, for anyone who may have been looking at 3D Systems or any of these stocks and thinking, one potential reason to buy a stock like this is, some conglomerate, whether it be 3M or GE or some large industrial could swoop in at the last minute and buy them on the cheap, and at least it could be a cigar butt kind of stock. It sounds like, based on what you said, that's not even the case, because if the patents are expiring -- we saw, in the last five years, a bunch of tech companies getting bought up simply for their patents. If these patents are expiring, I'm not sure why any large business would want to come in and buy a 3D Systems and bring them in house.
Barker: Yeah, I think that's one of the problems. There are lots of different patents, and I wouldn't be able to tell you which of the ones that they have that are expiring when, or are important going forward. But, they've had the chance to do some things without competition for a while. That period is ending. They have grown sales, basically tripled sales in the last five or six years. So, that sounds like it's pretty good. But they also haven't really to generate and profits by doing so. So, how much do you care about rapidly growing sales if they don't translate -- in fact, they were more profitable in 2009-2010 when they were only doing $150 million a year in sales. They're up to $600 million now, but they're losing money. That's competition.
Hill: The only thing shareholders of 3D Systems have going for them today is they are not shareholders of Envision Healthcare, which is a stock down 30% this morning after their third quarter profit fell, apparently, off a cliff. This is a company that you know a whole lot better than I do. What is going on here?
Barker: This is a physician-based healthcare company. One of the things they do is staff ERs, or ER-type operations, anesthesia. There was an article that came out in July in the New York Times about the frequency that patients were getting extremely large bills. They would go into a hospital where their insurance was taken, and they would get emergency services, and then they would get a bill from a doctor who wanted to be paid for his service and was out of network, despite working in hospital or getting a reference from the hospital. And this would be upwards of $1,000, sometimes much more. And that came as a shock to the consumers. Frequently, it was this company, EmCare, which is a division of it, which was cited as being a culprit in this. So, the stock hasn't done very well coming out of that. Then, this quarter, the results show that they are getting some slippage in their emergency care. Normally, there are a lot of stocks that get hit, and there's an opportunity to talk about them and take shots at things that companies do, and I don't really like to do that for the most part because there are going to be some people that are owners of those stocks. In this case, it's more of a schadenfreude thing. Like, you're engineering your business around surprising people with large bills, and that gets exposed, and your stock craters, I don't feel too bad for you. That, apparently, as of today, looks like what's happening. There was the article back in July, and today, we're seeing some of this showing up in the numbers.
Hill: There are stocks that we talked about from time to time that get ahead of themselves, there's a little too much enthusiasm, and when they come down in price, that price is seen as being much more reasonable to the underlying business. Schadenfreude aside, when you look at Envision Healthcare and a stock that is 30% cheaper today than it was yesterday, is this more in line with their type of business? Or do you think, no, there's more of this to come?
Barker: Well, take a couple of metrics out there. This is a stock, now, going, after the 30% decline, it has a price to sales ratio of 0.6. So, it has more in sales annually than the value of the company. The forward price to earnings ratio based on the expected earnings for next year before today, and those have come down, but that's about 7X next year's expected earnings. Again, that guidance has come down, so it's probably in the low teens. So, I think there's a real business here which has been, I think, mismanaged. And they probably have real doctors that provide real care. And I'm not going to criticize individual doctors who are part of the program here, because they don't know all the details, I'm sure, of how the bills are getting paid. But, there are assets here, there's a network here. This might be something that would be better off being taken private, because the value here is potentially being under-appreciated by the market, possibly. But I think you have to go through these numbers a little bit to see whether this is in more trouble than that. This is a bad situation. You get bad headlines when you're on the wrong side of patient care, in terms of the bills. And that has shown up in the pharmaceuticals with prices of certain drugs having been jacked up. Valeant had a business model which was based on that, Shkreli, of course. This is the wrong place to be in terms of consumers in sympathy. So, they may need to be taken out, have a new name thrown on them, different management. I'm not sure what.
Hill: Quikster? That's available. Maybe not Quikster Healthcare, I don't know if that would go over well. I'm just spitballing here. Papa John's, third quarter results were fine, but they are largely irrelevant because the pizza chain is cutting guidance on sales and earnings. The stock down almost 10% this morning, hitting a 52-week low. They appear to be placing the blame squarely and entirely at the feet of the NFL.
Barker: Who isn't? [laughs] Who isn't blaming the NFL for their problems these days?
Hill:Domino's Pizza, just to name one. I get that this is the official pizza company of the NFL, and ratings for the NFL are, at various points, depending on the matchup, are a little bit lower than last year, I don't know. This line of reasoning from management is pretty suspect, in my opinion.
Barker: You have to be careful where you're advertising, don't you? It seemed like the NFL was a lock.
Hill: Yes, it did. But to go back to Domino's Pizza, last time I checked, they also do some advertising around the NFL and professional football games and sports in general, and their stock year to date is running around 40% ahead of Papa John's. So, when your profit margins are falling, when your sales growth is slowing, and that's the case with Papa John's, it's not all due to the NFL.
Barker: No. Alright, let's take one step back. Is Papa John's generally doing things right or not? Over the last three, five, 10, 15 years, this has been a market crushing stock. So, let's remember. If this is a one-year thing, let's not take them too much while they're momentarily down. That said, they're down today in part because of this NFL thing, but you can just move your advertising dollars somewhere else if that is the entirety of the issue. They're bringing down their guidance fairly substantially for next year over what people had been expecting going into today. So, that's one of those things where, when you start replacing comps of 5% with comps of 1%, which is what I think they did for the quarter, you start getting very different numbers as you multiply things out over a five to 10-year period. And that's the biggest problem, I think.
Hill: I think you're right. That's the biggest problem. Which is why I find it curious that the company spent part of their conference call talking about the NFL, and saying, we're really disappointed in leadership of the NFL because they should have resolved this issue with the national anthem protests, and all that sort of thing. So, it's like, your entire business hinges on several Sundays in the fall? OK. [laughs]
Barker: For this quarter, the guidance they're giving for the quarter we're now in, if that was a huge part of their ad spend, that they bet on the wrong horse, and probably have felt pretty good traditionally about betting on the NFL and paying up for that. You haven't been watching any of this exciting round of baseball playoffs, I take it?
Hill: Not really, no.
Barker: You're still sulking.
Hill: I'm not sulking. As exciting as the World Series is, I haven't been watching.
Barker: Since when?
Hill: Since when?
Barker: Since the Red Sox lost? That's when you stopped caring about baseball this year. And I say, that's because you're sulking.
Hill: [laughs] Uh.
Barker: Nice comeback.
Hill: No, I'm just tired. [laughs] Like our listeners, I'm just tired of you. But, by all means, go on.
Barker: So, baseball, these playoffs have been brought to you in large part by Camping World , which is just on fire, seems to have timed their ad buy very well, because the RV market is on fire. If you go to Elkhart, Indiana --
Hill: Home. Ground zero.
Barker: Home of the Hall of Fame, and go to the meetings they had out there recently, you'll find out that the RV manufacturers are telling investors that they can't build them fast enough right now. So, Camping World is the main sponsor, was the main sponsor for the League Championship Series and the AL Championship Series, and also prominently featured in the World Series. And I would expect them to have pretty good numbers, again, as they have had since their IPO, and all the RV manufacturers, actually. But, the opposite is the case for NFL manufacturers. That's a cyclical thing. Papa John's can just throw its ad buys at the NHL or NBA or wherever else the eyeballs happen to be.
Hill: We have the Winter Olympics coming up. Plenty of opportunity there. I'm sure the people at Comcast, NBC would love to sell Papa John's some ad space.
Barker: Pizza goes very well with the Olympics.
Hill: Pizza goes well with pretty much everything.
Barker: Exactly.
Hill: I actually like Papa John's pizza, more so than Domino's. But, the management whining about the NFL ...
Barker: You're just not having it.
Hill: I'm not having it. What's your go-to pizza, by the way? With this caveat that it's just you. Like, you're alone in the house like, I'm ordering a pizza, or, I'm picking up a pizza.
Barker: Well, you know what's shown up recently in the area is New Haven style pizza.
Hill: What in God's name is -- New Haven, Connecticut?
Barker: Yeah.
Hill: What is New Haven style pizza?
Barker: First of all, you are aware that that's where pizza was invented, yes?
Hill: No. And New Haven has done a phenomenal job of keeping that a secret.
Barker: Really? Go to New Haven sometime.
Hill: [laughs] I've been a couple of times. Nowhere while entering nor leaving the city was there a huge billboard saying, "Welcome to the place where pizza was invented." And I'm happy to say our man Dan Boyd is healthy enough to be back behind the glass, do you want to weigh in? First off, Dan, did you know that New Haven was the birthplace of pizza?
Dan Boyd: I actually did. As much as I hate to do it, I have to back up Barker here. I've been to New Haven, and the pizza places in New Haven are really something else.
Hill: I'm familiar with Chicago style pizza, deep dish pizza. I know there are some people from New York who hate the phrase "New York style pizza" because they feel like, hey, this is just pizza, and no such thing as New York style pizza. But, regardless, what constitutes New Haven style pizza?
Barker: Funny you ask. I've opened up the Wikipedia page, which I think explains it pretty well. New Haven style pizza is distinct in its thin crust characteristic charring. They put bread crumbs underneath the pizza so that they burn.
Hill: I like the charring.
Barker: It's the bread crumbs rather than the dough that gets charred. And, limited use of melting cheeses and chewy texture. It's closely related to New York style pizza. But crispier than New York style pizza.
Hill: OK, so, back to my original question, apparently, as you allege, in the D.C. area now, there are New Haven style pizza places?
Barker: Yes.
Hill: Is it a chain? Or is it just one near your house?
Barker: No, there are few. Anybody that does it right is my preferred kind of pizza.
Hill: Do you want to plug one? Do you want to plug some local business? Lord knows I've plugged Sugar Shack before.
Barker: If I were going to plug a local business, I'd be very local, and I would plug Bugsy's, which is not New Haven style pizza but does deliver pizza to our pizza day here at the office, and that's good pizza.
Hill: Shout out to Bugsy's. What are going with for toppings?
Barker: Sausage.
Hill: Again, it's just you, the kids are nowhere to be seen.
Barker: Yeah, keep it simple.
Hill: Dan, what about you?
Boyd: This is going to anger a lot of listeners. My ideal pizza has both pineapple and jalapenos on it.
Hill: Anything else? Or just those two?
Boyd: Maybe some pepperoni.
Hill: I think I want a slice of that. [laughs] I think we need to wrap up the episode and get ourselves some lunch. Bill Barker from Motley Fool Asset Management, thanks for being here.
Barker: Thank you!
Hill: As always, people on the program may have interests in the stocks 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. That's going to do it for this edition of MarketFoolery . The show is next by Dan Boyd. I'm Chris Hill. Thanks for listening! We'll see you tomorrow!
Bill Barker has no position in any of the stocks mentioned. Chris Hill has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Valeant Pharmaceuticals. The Motley Fool recommends 3D Systems, 3M, and Camping World Holdings. 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.
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3D printer company 3D Systems (NYSE: DDD) had issued quarterly guidance for a tidy profit, but instead delivered an even larger loss. Envision Healthcare (NYSE: EVHC) turned in a poor earnings report and cut guidance Tuesday, but its issues go deeper, with billing practices that have led to lawsuits. But to go back to Domino's Pizza, last time I checked, they also do some advertising around the NFL and professional football games and sports in general, and their stock year to date is running around 40% ahead of Papa John's.
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3D printer company 3D Systems (NYSE: DDD) had issued quarterly guidance for a tidy profit, but instead delivered an even larger loss. In this MarketFoolery podcast, host Chris Hill and Motley Fool Asset Management's Bill Barker discuss a trio of earnings reports, but there aren't many earnings to be found among them. Joining me in studio today, from Motley Fool Asset Management, Bill Barker.
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3D printer company 3D Systems (NYSE: DDD) had issued quarterly guidance for a tidy profit, but instead delivered an even larger loss. In this MarketFoolery podcast, host Chris Hill and Motley Fool Asset Management's Bill Barker discuss a trio of earnings reports, but there aren't many earnings to be found among them. Barker: If I were going to plug a local business, I'd be very local, and I would plug Bugsy's, which is not New Haven style pizza but does deliver pizza to our pizza day here at the office, and that's good pizza.
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3D printer company 3D Systems (NYSE: DDD) had issued quarterly guidance for a tidy profit, but instead delivered an even larger loss. In this MarketFoolery podcast, host Chris Hill and Motley Fool Asset Management's Bill Barker discuss a trio of earnings reports, but there aren't many earnings to be found among them. Normally, there are a lot of stocks that get hit, and there's an opportunity to talk about them and take shots at things that companies do, and I don't really like to do that for the most part because there are going to be some people that are owners of those stocks.
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2017-11-02 00:00:00 UTC
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3D Systems and Stratasys Have a Frightful Fall
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DDD
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https://www.nasdaq.com/articles/3d-systems-and-stratasys-have-frightful-fall-2017-11-02
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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, yesterday was not a fun day to own 3D printing stocks. Over the course of six-and-a-half trading hours, shares of 3D printing pioneer Stratasys (NASDAQ: SSYS) fell 6.8%, ExOne (NASDAQ: XONE) was down 2.8%, and German rival Voxeljet AG (NYSE: VJET) decreased 0.6%. The biggest drop of all occurred at 3D Systems (NYSE: DDD) , where the stock stumbled 23.7% over the course of the day.
And far from reassuring investors that all is still well, Wall Street added to the panic with a series of downgrades, which is where our story begins.
But first, a word from 3D
Before we get to that story, though, let's review the prologue: 3D Systems' third-quarter 2017 earnings report . On Tuesday evening, before all the selling began, 3D Systems announced its earnings results for fiscal Q3.
Sales for the quarter were down only modestly -- about 2% year over year at $152.9 million. That was still bad enough, however, to miss analyst estimates by about $10 million, because Wall Street had hoped sales would rise. Earningswise, the news was even worse, with 3D reporting a $0.34 loss for the quarter that was nearly twice as bad as last year's $0.19-per-share loss. Here, too, 3D Systems underperformed expectations, for Wall Street had predicted the company would earn a $0.12-per-share pro forma profit -- not a loss.
3D Systems drops a bombshell
Reviewing the results, 3D Systems CEO Vyomesh Joshi deadpanned that the results "did not meet our expectations." And here's the thing: What exactly those expectations will be going forward has now also been thrown into doubt. After reporting Q3's dismal results, you see, Joshi announced that he has decided "to withdraw guidance at this time" -- leaving investors in the dark about when, if ever, 3D Systems' numbers will get better.
Wall Street runs for cover
Cue panic on Wall Street. At last count, no fewer than five separate banking houses had either announced downgrades on 3D Systems stock, cut their price targets, or both. Here's a quick sampling of their reactions (with thanks to StreetInsider.com for the commentary):
Legal expenses from a Department of Commerce investigation, combined with the need to spend heavily on research and development to keep up with 3D Systems' competitors, "will add further pressures to the balance sheet." (Canaccord Genuity)
Margins are "declining" and the lack of guidance gives little clarity into the company's future (Merrill Lynch)
Q3 results "missed expectations," while "customer service and execution issues [are] becoming worse." (Stifel Nicolaus)
Meanwhile, printing heavyweight HP (NYSE: HPQ) is surging into the market with new "Jet Fusion 3D printers" to challenge 3D Systems' leadership, and may soon introduce a 3D metals printer as well. (Piper Jaffray)
And the real nail in the coffin comes from FBR Capital , which warns that "negative [product] mix and a highly competitive marketplace lower the company's near-term revenue expansion opportunity." So much so, in fact, that FBR has not just downgraded 3D Systems stock to "sell," but also tagged 3D stock with the lowest price target of any of the analysts now chiming in -- just $7 a share. (FBR simultaneously took the next logical step and downgraded 3D Systems archrival Stratasys to "neutral," perhaps on fears that if 3D is forced to cut prices to compete with rivals, it will ignite a price war that will hit Stratasys's sales as well).
How should investors react?
It's at this point that value investors might start hearing echoes of Warren Buffett's famous advice to get " greedy when others are fearful ," and begin looking for bargains among free-falling 3D printing stocks. But where are we to find these bargains, exactly?
If you ask me, bargains in this industry still remain few and far between. Even after yesterday's frightful fall, it's hard to call 3D Systems stock a "bargain" with its negative P/E ratio staring you in the face. Then again, Stratasys, ExOne, and Voxeljet stocks are all in much the same position -- no profits, no P/Es. Optimistic analysts think Stratasys, at least, might have profits to report next year, but that expectation could change in a hurry after Stratasys reports its own Q3 results on Nov. 14.
Until then, it seems to me that the only viable, profitable play on 3D printing remaining is that stalwart of the 2-D printing industry, HP. Although hardly a pure play on 3D printing today, HP does boast the admirable virtue of a positive P/E ratio (15.6) -- plus a respectable 2.5% dividend yield and a modest, but at least positive, projected earnings growth rate of 6.3% annually over the next five years.
Long story short, HP may not be the most exciting play on 3D printing, but it may be the safest.
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 tripled 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 October 9, 2017
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.
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The biggest drop of all occurred at 3D Systems (NYSE: DDD) , where the stock stumbled 23.7% over the course of the day. Here's a quick sampling of their reactions (with thanks to StreetInsider.com for the commentary): Legal expenses from a Department of Commerce investigation, combined with the need to spend heavily on research and development to keep up with 3D Systems' competitors, "will add further pressures to the balance sheet." (Canaccord Genuity) Margins are "declining" and the lack of guidance gives little clarity into the company's future (Merrill Lynch) Q3 results "missed expectations," while "customer service and execution issues [are] becoming worse."
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The biggest drop of all occurred at 3D Systems (NYSE: DDD) , where the stock stumbled 23.7% over the course of the day. Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. At last count, no fewer than five separate banking houses had either announced downgrades on 3D Systems stock, cut their price targets, or both.
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The biggest drop of all occurred at 3D Systems (NYSE: DDD) , where the stock stumbled 23.7% over the course of the day. 3D Systems drops a bombshell Reviewing the results, 3D Systems CEO Vyomesh Joshi deadpanned that the results "did not meet our expectations." So much so, in fact, that FBR has not just downgraded 3D Systems stock to "sell," but also tagged 3D stock with the lowest price target of any of the analysts now chiming in -- just $7 a share.
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The biggest drop of all occurred at 3D Systems (NYSE: DDD) , where the stock stumbled 23.7% over the course of the day. Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. Then again, Stratasys, ExOne, and Voxeljet stocks are all in much the same position -- no profits, no P/Es.
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716981.0
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2017-11-01 00:00:00 UTC
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Why 3D Systems Corporation's Shares Plunged a Whopping 30% Today
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-corporations-shares-plunged-whopping-30-today-2017-11-01
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What happened
Shares of 3D Systems Corporation (NYSE: DDD) dropped as much as 29.7% on Wednesday after reporting third-quarter earnings. Sales fell and net loss grew, which is never good for a company, and management even withdrew its guidance for the year. At 1:50 p.m. EDT, shares were still down 24.1% on the day and showed no signs of picking up.
So what
Revenue fell 2.2%, to $152.9 million in the quarter , and net loss expanded from $21.4 million to $37.7 million, or $0.34 per share. Adjusted for one-time items, the loss was $0.20, but even that was a shock because analysts were expecting $0.12 in earnings per share on $162.9 million in revenue.
Writedowns of $12.9 million hurt earnings, but the bigger story is that demand for printers was weak, and on-demand 3D printing is seeing pricing pressure as 3D Systems tries to transition its business to a more sustainable business model of ongoing service sales. Customers, however, aren't displaying the kind of demand management had hoped.
Now what
Conditions are so uncertain that management is pulling its full-year guidance as it reviews its entire business. The go-to market team has already been turned over, and 3D Systems is reviewing what customers want to get from the company long term.
The potential for 3D printing still is incredibly long term, but getting customers to increase adoption has been much harder than most investors had hoped. Look for 3D Systems to try to transform itself into a more focused company in coming quarters, which could lead to more ups and downs for the stock as investors gauge what the future looks like in this continuously evolving industry.
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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.
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What happened Shares of 3D Systems Corporation (NYSE: DDD) dropped as much as 29.7% on Wednesday after reporting third-quarter earnings. Adjusted for one-time items, the loss was $0.20, but even that was a shock because analysts were expecting $0.12 in earnings per share on $162.9 million in revenue. Look for 3D Systems to try to transform itself into a more focused company in coming quarters, which could lead to more ups and downs for the stock as investors gauge what the future looks like in this continuously evolving industry.
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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) dropped as much as 29.7% on Wednesday after reporting third-quarter earnings. So what Revenue fell 2.2%, to $152.9 million in the quarter , and net loss expanded from $21.4 million to $37.7 million, or $0.34 per share.
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What happened Shares of 3D Systems Corporation (NYSE: DDD) dropped as much as 29.7% on Wednesday after reporting third-quarter earnings. So what Revenue fell 2.2%, to $152.9 million in the quarter , and net loss expanded from $21.4 million to $37.7 million, or $0.34 per share. Writedowns of $12.9 million hurt earnings, but the bigger story is that demand for printers was weak, and on-demand 3D printing is seeing pricing pressure as 3D Systems tries to transition its business to a more sustainable business model of ongoing service sales.
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What happened Shares of 3D Systems Corporation (NYSE: DDD) dropped as much as 29.7% on Wednesday after reporting third-quarter earnings. So what Revenue fell 2.2%, to $152.9 million in the quarter , and net loss expanded from $21.4 million to $37.7 million, or $0.34 per share. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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716982.0
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2017-11-01 00:00:00 UTC
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3D Systems (DDD) Sinks, Lags Q3 Earnings, Withdraws Guidance
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DDD
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https://www.nasdaq.com/articles/3d-systems-ddd-sinks-lags-q3-earnings-withdraws-guidance-2017-11-01
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3D Systems Corporation 's DDD posted another huge earnings miss - the company's third after a streak of three back-to-back quarters of impressive beats. The company reported a loss of 34 cents per share for third-quarter 2017, in stark contrast to the Zacks Consensus Estimate of earnings of 5 cents. The figure fared dismally in year-over-year comparison as well, having tanked 78.9% from the prior-year quarter loss of 19 cents.
Non-GAAP loss came in at 20 cents per share, down significantly from the year-earlier quarter figure of earnings of 14 cents, dragged by top-line contraction and a disproportionate rise in cost of sales. Investors abandoned the stock in droves after the miserable quarterly numbers, and the company's shares had plunged 19.4% at one point in pre-market trading .
In light of the miserable results, the company's management withdrew its full-year 2017 guidance.
Inside the Headlines
The 3D printer maker reported revenues of $152.9 million, reflecting a year-over-year decrease of 2.2%. Steady demand for the company's healthcare solutions and industrial offerings and strength in the EMEA region was more than offset by softer revenues in the Americas and the Asia-Pacific region. Revenues also missed the Zacks Consensus Estimate of $163 million.
3D Systems' Healthcare revenues were up 10% to $46.6 million year over year, primarily attributable to high demand for materials and services, including the Virtual Surgical Planning and contract manufacturing services, which were slightly offset by weaker sales of high-margin simulators. Also, the timing of system orders remains lumpy. Software revenues remained flat on a year-over-year basis, while On-demand manufacturing revenues rose 3% year over year to $27.2 million.
Material revenues rose 4% to $39.4 million, thanks to strong production orders and robust contribution from the previously acquired Vertex-Global. Printer revenues fell 11% to $29.4 million, dragged by the mix of sales which carried lower ASPs.
In the reported quarter, gross margin contracted a whopping 580 basis points on a year-over-year basis to 38.3%, wing in part to inventory write-downs. The company plans to drive further reductions in cost of sales from its supply-chain betterment initiatives and manufacturing improvements, in order to drive margins higher.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
The company's operating expenses were nearly flat at $90.9 million, as SG&A expenses rose and R&D expenses dropped.
Notable Developments
Earlier this year, 3D Systems rolled out a next-generation additive manufacturing platform, based on the company's Figure 4 technology and NextDent materials. The company believes the new platform will bring down cost of operations, reduce fabrication times and produce far less material waste.
In the third quarter, 3D Systems launched a recent version of industry-leading Geomagic Control X inspection software. The company plans to roll out the Figure 4 modular and scalable platform in the first half of 2018, which will offer stand-alone products to highly customized in-line production systems with price points ranging from $25,000 to over $1 million.
The company also plans to introduce a dental-specific solution for dental labs, which will leverage the combined capabilities of Figure 4 and the recently acquired Vertex. Other plans in the pipeline include 3D Systems' next-generation metals platform and a follow-on SLS Production system.
Cash Flow and Balance Sheet
3D Systems ended the quarter with cash and cash equivalents of $138.3 million, down significantly from $184.9 million as at Dec 1, 2016. At the end of June, net cash generated from operating activities came in at $17.7 million, significantly lower than the year-earlier figure of $38.2 million.
Guidance
The company has conducted a deep and extensive review of inventory based on year-to-date demand, customer data and market trends, and has consequently recorded a significant adjustment to inventory. It has also implemented organizational changes to improve execution, and increased investments as it shifts to a worldwide go-to-market structure.
In light of such major, transformational initiatives, the company has decided that it is not able to predict its earnings and sales numbers accurately, and has thus decided to withdraw guidance for now.
To Conclude
Despite steady momentum of healthcare offerings, robust demand for production printers and materials, and higher efficiency in "demand manufacturing services", 3D Systems looks in for a rough ride in the near future.
Still, we believe the acquisition of Vertex-Global Holding B.V will unlock multiple opportunities for the billion-dollar digital dentistry space. Also, the company's efforts to streamline its cost structure by focusing on IT infrastructure, go-to-market and innovation are likely to stoke growth.
Despite these positives, 3D Systems' broader market concerns have thwarted growth of the premium 3D printing company. The industry is battling a widespread decline in demand for enterprise 3D printers over the past two years. Other headwinds, including economic slowdown, inflation, currency fluctuations and commodity price vagaries, also marred the performance of most players in the industry.
3D Systems currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Some better-ranked stocks in the broader space include Kemet Corporation KEM , Universal Display Corporation OLED andZAGG Inc ZAGG , each sporting a Zacks Rank of 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Kemet Corporation generated huge, consecutive beats in the last four quarters, for an average positive surprise of 64.8%.
Universal Display also has a striking earnings surprise history, with an outstanding average beat of 534.2% for the trailing four quarters, driven by three massive beats.
ZAGG has beaten earnings estimates thrice over the trailing four quarters. Last quarter, it beat estimates by 20%.
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3D Systems Corporation (DDD): Free Stock Analysis Report
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Kemet Corporation (KEM): 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.
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3D Systems Corporation 's DDD posted another huge earnings miss - the company's third after a streak of three back-to-back quarters of impressive beats. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report ZAGG Inc (ZAGG): Free Stock Analysis Report Universal Display Corporation (OLED): Free Stock Analysis Report Kemet Corporation (KEM): Free Stock Analysis Report To read this article on Zacks.com click here. Notable Developments Earlier this year, 3D Systems rolled out a next-generation additive manufacturing platform, based on the company's Figure 4 technology and NextDent materials.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report ZAGG Inc (ZAGG): Free Stock Analysis Report Universal Display Corporation (OLED): Free Stock Analysis Report Kemet Corporation (KEM): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation 's DDD posted another huge earnings miss - the company's third after a streak of three back-to-back quarters of impressive beats. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote The company's operating expenses were nearly flat at $90.9 million, as SG&A expenses rose and R&D expenses dropped.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report ZAGG Inc (ZAGG): Free Stock Analysis Report Universal Display Corporation (OLED): Free Stock Analysis Report Kemet Corporation (KEM): Free Stock Analysis Report To read this article on Zacks.com click here. 3D Systems Corporation 's DDD posted another huge earnings miss - the company's third after a streak of three back-to-back quarters of impressive beats. 3D Systems' Healthcare revenues were up 10% to $46.6 million year over year, primarily attributable to high demand for materials and services, including the Virtual Surgical Planning and contract manufacturing services, which were slightly offset by weaker sales of high-margin simulators.
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3D Systems Corporation 's DDD posted another huge earnings miss - the company's third after a streak of three back-to-back quarters of impressive beats. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report ZAGG Inc (ZAGG): Free Stock Analysis Report Universal Display Corporation (OLED): Free Stock Analysis Report Kemet Corporation (KEM): Free Stock Analysis Report To read this article on Zacks.com click here. Revenues also missed the Zacks Consensus Estimate of $163 million.
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2017-11-01 00:00:00 UTC
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Mid-Day Market Update: 3D Systems Drops After Q3 Miss; Emerge Energy Services Shares Gain
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DDD
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https://www.nasdaq.com/articles/mid-day-market-update-3d-systems-drops-after-q3-miss-emerge-energy-services-shares-gain
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Midway through trading Wednesday, the Dow traded up 0.21 percent to 23,426.76 while the NASDAQ declined 0.07 percent to 6,722.87. The S&P also rose, gaining 0.19 percent to 2,580.16.
Leading and Lagging Sectors
On Wednesday, the basic materials shares climbed by 0.95 percent. Meanwhile, top gainers in the sector included United States Steel Corporation (NYSE: X ), up 8 percent, and Endeavour Silver Corp (NYSE: EXK ), up 8 percent.
In trading on Wednesday, utilities shares fell 0.45 percent. Meanwhile, top losers in the sector included Companhia Energetica de Minas Gers CEMIG (NYSE: CIG ), down 3 percent, and El Paso Electric Company (NYSE: EE ) down 3 percent.
Top Headline
Estee Lauder Companies Inc (NYSE: EL ) reported upbeat results for its third quarter and raised its FY guidance.
Estee Lauder reported Q3 earnings of $1.14 per share on revenue of $3.27 billion. However, analysts expected earnings of $0.97 per share on sales of $3.17 billion.
Estee Lauder now expects FY18 adjusted earnings of $4.04 to $4.12 per share, versus earlier forecast of $3.87 to $3.94 per share.
Equities Trading UP
Bill Barrett Corporation (NYSE: BBG ) shares shot up 17 percent to $5.77 following Q3 results. Bill Barrett reported a Q3 loss of $28.8 million.
Shares of Emerge Energy Services LP (NYSE: EMES ) got a boost, shooting up 12 percent to $7.97 as the company posted strong Q3 results.
Plantronics Inc (NYSE: PLT ) shares were also up, gaining 16 percent to $52.51 after the company reported upbeat Q2 results.
Equities Trading DOWN
Envision Healthcare Corporation (NYSE: EVHC ) shares dropped 29 percent to $30.09 after the company reported third-quarter adjusted EPS that was down significantly year over year and announced plans to review strategic alternatives.
Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.53 as the company reported downbeat quarterly results.
Frontier Communications Corp (NASDAQ: FTR ) was down, falling around 25 percent to $9.14. Frontier Communications reported a Q3 loss of $1.19 per share on revenue of $2.25 billion.
Commodities
In commodity news, oil traded down 0.09 percent to $54.33 while gold traded up 0.63 percent to $1,278.50.
Silver traded up 2.74 percent Wednesday to $17.15, while copper rose 1.39 percent to $3.144.
Eurozone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.50 percent, the Spanish Ibex Index fell 0.23 percent, while Italy's FTSE MIB Index gained 0.97 percent. Meanwhile the German DAX climbed 1.78 percent, and the French CAC 40 gained 0.39 percent while U.K. shares rose 0.01 percent.
Economics
Data on motor vehicle sales for October will be released today.
Private-sector employers added 235,000 jobs in October, ADP reported Wednesday. However, economists were expecting a gain of 200,000 jobs.
The Markit manufacturing PMI rose to 54.60 for October, versus previous reading of 54.50. However, economists were projecting a reading of 54.50.
The ISM manufacturing index dropped to 58.7 in October, versus prior reading of 60.8. However, economists expected a reading of 59.5.
U.S. construction spending rose 0.3 percent for September, versus economists' expectations for a 0.1 percent decline.
Domestic crude supplies declined 2.44 million barrels for the week ended October 27, the U.S. Energy Information Administration reported. Analysts projected a drop of 1.76 million barrels. Gasoline stockpiles slipped 4.02 million barrels, while distillate stockpiles declined 320,000 barrels for the week.
The Federal Open Market Committee will announce its policy decision at 2:00 p.m. ET.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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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.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.53 as the company reported downbeat quarterly results. Top Headline Estee Lauder Companies Inc (NYSE: EL ) reported upbeat results for its third quarter and raised its FY guidance. Shares of Emerge Energy Services LP (NYSE: EMES ) got a boost, shooting up 12 percent to $7.97 as the company posted strong Q3 results.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.53 as the company reported downbeat quarterly results. Top Headline Estee Lauder Companies Inc (NYSE: EL ) reported upbeat results for its third quarter and raised its FY guidance. Equities Trading UP Bill Barrett Corporation (NYSE: BBG ) shares shot up 17 percent to $5.77 following Q3 results.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.53 as the company reported downbeat quarterly results. Equities Trading DOWN Envision Healthcare Corporation (NYSE: EVHC ) shares dropped 29 percent to $30.09 after the company reported third-quarter adjusted EPS that was down significantly year over year and announced plans to review strategic alternatives. The eurozone's STOXX 600 gained 0.50 percent, the Spanish Ibex Index fell 0.23 percent, while Italy's FTSE MIB Index gained 0.97 percent.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.53 as the company reported downbeat quarterly results. Equities Trading UP Bill Barrett Corporation (NYSE: BBG ) shares shot up 17 percent to $5.77 following Q3 results. Plantronics Inc (NYSE: PLT ) shares were also up, gaining 16 percent to $52.51 after the company reported upbeat Q2 results.
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716984.0
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2017-11-01 00:00:00 UTC
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Noteworthy Wednesday Option Activity: QRVO, AN, DDD
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DDD
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https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity-qrvo-ddd-2017-11-01
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Qorvo Inc (Symbol: QRVO), where a total volume of 12,499 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 127.9% of QRVO's average daily trading volume over the past month, of 977,615 shares. Especially high volume was seen for the $72.50 strike put option expiring November 17, 2017 , with 6,106 contracts trading so far today, representing approximately 610,600 underlying shares of QRVO. Below is a chart showing QRVO's trailing twelve month trading history, with the $72.50 strike highlighted in orange:
AutoNation, Inc. (Symbol: AN) options are showing a volume of 8,129 contracts thus far today. That number of contracts represents approximately 812,900 underlying shares, working out to a sizeable 99.1% of AN's average daily trading volume over the past month, of 820,505 shares. Particularly high volume was seen for the $47 strike put option expiring November 17, 2017 , with 3,502 contracts trading so far today, representing approximately 350,200 underlying shares of AN. Below is a chart showing AN's trailing twelve month trading history, with the $47 strike highlighted in orange:
And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 20,206 contracts, representing approximately 2.0 million underlying shares or approximately 82% of DDD's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $11 strike put option expiring November 17, 2017 , with 7,953 contracts trading so far today, representing approximately 795,300 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange:
For the various different available expirations for QRVO options , AN 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.
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Especially high volume was seen for the $11 strike put option expiring November 17, 2017 , with 7,953 contracts trading so far today, representing approximately 795,300 underlying shares of DDD. Below is a chart showing AN's trailing twelve month trading history, with the $47 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 20,206 contracts, representing approximately 2.0 million underlying shares or approximately 82% of DDD's average daily trading volume over the past month, of 2.5 million shares. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for QRVO options , AN options , or DDD options , visit StockOptionsChannel.com.
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Below is a chart showing AN's trailing twelve month trading history, with the $47 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 20,206 contracts, representing approximately 2.0 million underlying shares or approximately 82% of DDD's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $11 strike put option expiring November 17, 2017 , with 7,953 contracts trading so far today, representing approximately 795,300 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for QRVO options , AN options , or DDD options , visit StockOptionsChannel.com.
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Below is a chart showing AN's trailing twelve month trading history, with the $47 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 20,206 contracts, representing approximately 2.0 million underlying shares or approximately 82% of DDD's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $11 strike put option expiring November 17, 2017 , with 7,953 contracts trading so far today, representing approximately 795,300 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for QRVO options , AN options , or DDD options , visit StockOptionsChannel.com.
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Below is a chart showing AN's trailing twelve month trading history, with the $47 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) saw options trading volume of 20,206 contracts, representing approximately 2.0 million underlying shares or approximately 82% of DDD's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $11 strike put option expiring November 17, 2017 , with 7,953 contracts trading so far today, representing approximately 795,300 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $11 strike highlighted in orange: For the various different available expirations for QRVO options , AN options , or DDD options , visit StockOptionsChannel.com.
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716985.0
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2017-11-01 00:00:00 UTC
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Technology Sector Update for 11/01/2017: NVMI,PLT,DDD
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DDD
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https://www.nasdaq.com/articles/technology-sector-update-11012017-nvmipltddd-2017-11-01
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nan
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Top Tech Stocks
MSFT +0.05%
AAPL -1.40%
IBM +0.12%
CSCO +1.14%
GOOG +1.22%
Technology stocks were slightly lower Wednesday afternoon, with shares of tech companies in the S&P 500 falling nearly 0.1%.
In company news, Nova Measuring Instruments Ltd ( NVMI ) declined more than 25% on Wednesday, sinking to a session low of $23.38 a share, despite the Israeli company making metrology tools used in semiconductor production reporting above-consensus adjusted Q3 earnings and providing an in-line outlook for its financial results during the current quarter.
Excluding one-time items, the company earned $0.46 per share during its Q3 ended Sept. 30, topping internal projections by at least $0.03 per share, improving on a $0.34 per share non-GAAP profit during the same quarter last year and beating the three-analyst consensus by $0.06 per share. Revenue grew 22.7% over year-ago levels to $54.1 million, matching company and analyst mean expectations.
For the three months ending Dec. 31, the company is projecting non-GAAP earnings between $0.34 to $0.42 per share on revenue in a range of $53 million to $57 million. The three analysts, on average, are expecting adjusted Q4 net income of $0.39 per share on $54.3 million in revenue.
In other sector news,
(+) PLT, (+15.2%) Fiscal Q2 non-GAAP EPS slips to $0.80 per share from $0.82 per share during the same quarter last year but easily beats the $0.62 per share analyst consensus. Revenue declines 2.7% from year-ago levels to $210.3 mln, also topping the $205.2 mln Street view. Projected Q3 net income exceeds Wall Street expectations.
(-) DDD, (-26.8%) Reports non-GAAP Q3 net loss of $0.20 per share, reversing a $0.14 per share profit during the year-ago period and missing Street view expecting net income of $0.11 per share. Revenue declines 2.2% to $152.9 mln, missing the $162.3 mln 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.
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(-) DDD, (-26.8%) Reports non-GAAP Q3 net loss of $0.20 per share, reversing a $0.14 per share profit during the year-ago period and missing Street view expecting net income of $0.11 per share. Technology stocks were slightly lower Wednesday afternoon, with shares of tech companies in the S&P 500 falling nearly 0.1%. In company news, Nova Measuring Instruments Ltd ( NVMI ) declined more than 25% on Wednesday, sinking to a session low of $23.38 a share, despite the Israeli company making metrology tools used in semiconductor production reporting above-consensus adjusted Q3 earnings and providing an in-line outlook for its financial results during the current quarter.
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(-) DDD, (-26.8%) Reports non-GAAP Q3 net loss of $0.20 per share, reversing a $0.14 per share profit during the year-ago period and missing Street view expecting net income of $0.11 per share. Revenue declines 2.7% from year-ago levels to $210.3 mln, also topping the $205.2 mln Street view. Revenue declines 2.2% to $152.9 mln, missing the $162.3 mln analyst mean.
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(-) DDD, (-26.8%) Reports non-GAAP Q3 net loss of $0.20 per share, reversing a $0.14 per share profit during the year-ago period and missing Street view expecting net income of $0.11 per share. Excluding one-time items, the company earned $0.46 per share during its Q3 ended Sept. 30, topping internal projections by at least $0.03 per share, improving on a $0.34 per share non-GAAP profit during the same quarter last year and beating the three-analyst consensus by $0.06 per share. In other sector news, (+) PLT, (+15.2%) Fiscal Q2 non-GAAP EPS slips to $0.80 per share from $0.82 per share during the same quarter last year but easily beats the $0.62 per share analyst consensus.
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(-) DDD, (-26.8%) Reports non-GAAP Q3 net loss of $0.20 per share, reversing a $0.14 per share profit during the year-ago period and missing Street view expecting net income of $0.11 per share. The three analysts, on average, are expecting adjusted Q4 net income of $0.39 per share on $54.3 million in revenue. Revenue declines 2.7% from year-ago levels to $210.3 mln, also topping the $205.2 mln Street view.
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b61e839b-79bd-41a7-9392-79ab8548070b
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716986.0
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2017-11-01 00:00:00 UTC
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Why 3D Systems, Envision Healthcare, and Check Point Software Technologies Slumped Today
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-envision-healthcare-and-check-point-software-technologies-slumped-today
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nan
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nan
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Earnings reports and policy optimism have been the driving factors on Wall Street over the past month, and many investors see no signs of that momentum dissipating any time soon. The potential for Republicans in Congress to cut taxes on businesses continued to stoke stock market gains, and with the majority of companies having produced reported favorable earnings results for last quarter, market participants are pleased that there's fundamental business growth underpinning the rise that the broad market has seen lately.
Yet no matter how good the market trends are, there are always some individual companies facing bad news that sends their stocks plunging. On a mixed Wednesday for the major indexes, 3D Systems (NYSE: DDD) , Envision Healthcare (NYSE: EVHC) , and Check Point Software Technologies (NASDAQ: CHKP) were among the worst performers. Below, we'll look more closely at these stocks to tell you why they did so poorly.
3D Systems falls flat
3D Systems plunged 24% in the wake of the third-quarter financial results the 3-D printing specialist reported late Tuesday. Revenue fell 2% compared to the year-earlier quarter, and it swung to an adjusted net loss on the bottom line for the period. Gains in revenue from services weren't enough to offset larger declines in product sales, and without the acquisitions that 3D Systems has made over the past year, the company's performance would have been even weaker. CEO VJ Joshi said that organizational and operational changes should bring long-term success, but the company's withdrawal of guidance for 2017 didn't inspire confidence among shareholders.
Envision sees trouble
Envision Healthcare also sank following the release of its third-quarter financial report, with shares finishing down more than 34%. The provider of physician and ambulatory surgery services saw revenue more than triple due to the company's merger with AmSurg late last year, but adjusted net earnings were less than investors had expected. CEO Christopher Holden pointed to the hurricanes that hit key markets during the quarter as well as longer-term trends toward reduced use of healthcare services as hurting its business, and Envision's board said it would look at strategic alternatives to try to find ways to enhance shareholder value. With Envision stock having already fallen sharply even before its latest drop, investors in the healthcare company are increasingly nervous about whether it can maintain a viable strategic direction.
Check Point sees sluggish revenue trends
Finally, Check Point Software Technologies dropped 12.5%. The cybersecurity expert reported its third-quarter results late Tuesday, which included revenue gains of 6% and a rise of more than 10% in adjusted net income. Yet investors reacted negatively to its guidance for the fourth quarter, and the company said that it planned to continue restructuring its domestic sales team. Check Point has a big opportunity due to the scary increase in the frequency and severity of cyberattacks, and it has already done a good job of executing to take maximum advantage of that trend. It can succeed with its somewhat conservative approach as long as more aggressive rivals don't find ways to cut into its market share.
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*Stock Advisor returns as of October 9, 2017
Dan Caplinger has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Check Point Software Technologies. 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.
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On a mixed Wednesday for the major indexes, 3D Systems (NYSE: DDD) , Envision Healthcare (NYSE: EVHC) , and Check Point Software Technologies (NASDAQ: CHKP) were among the worst performers. Gains in revenue from services weren't enough to offset larger declines in product sales, and without the acquisitions that 3D Systems has made over the past year, the company's performance would have been even weaker. The provider of physician and ambulatory surgery services saw revenue more than triple due to the company's merger with AmSurg late last year, but adjusted net earnings were less than investors had expected.
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On a mixed Wednesday for the major indexes, 3D Systems (NYSE: DDD) , Envision Healthcare (NYSE: EVHC) , and Check Point Software Technologies (NASDAQ: CHKP) were among the worst performers. The potential for Republicans in Congress to cut taxes on businesses continued to stoke stock market gains, and with the majority of companies having produced reported favorable earnings results for last quarter, market participants are pleased that there's fundamental business growth underpinning the rise that the broad market has seen lately. Check Point sees sluggish revenue trends Finally, Check Point Software Technologies dropped 12.5%.
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On a mixed Wednesday for the major indexes, 3D Systems (NYSE: DDD) , Envision Healthcare (NYSE: EVHC) , and Check Point Software Technologies (NASDAQ: CHKP) were among the worst performers. The potential for Republicans in Congress to cut taxes on businesses continued to stoke stock market gains, and with the majority of companies having produced reported favorable earnings results for last quarter, market participants are pleased that there's fundamental business growth underpinning the rise that the broad market has seen lately. CEO Christopher Holden pointed to the hurricanes that hit key markets during the quarter as well as longer-term trends toward reduced use of healthcare services as hurting its business, and Envision's board said it would look at strategic alternatives to try to find ways to enhance shareholder value.
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On a mixed Wednesday for the major indexes, 3D Systems (NYSE: DDD) , Envision Healthcare (NYSE: EVHC) , and Check Point Software Technologies (NASDAQ: CHKP) were among the worst performers. 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!
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548ba012-a8a5-4c15-a015-965138f588e0
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716987.0
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2017-11-01 00:00:00 UTC
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Mid-Afternoon Market Update: Plantronics Rises After Strong Q2 Results; Frontier Communications Shares Plummet
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DDD
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https://www.nasdaq.com/articles/mid-afternoon-market-update-plantronics-rises-after-strong-q2-results-frontier
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Toward the end of trading Wednesday, the Dow traded up 0.12 percent to 23,405.70 while the NASDAQ declined 0.31 percent to 6,706.81. The S&P also rose, gaining 0.12 percent to 2,578.26.
Leading and Lagging Sectors
Wednesday afternoon, the energy shares climbed by 0.85 percent. Meanwhile, top gainers in the sector included Bill Barrett Corporation (NYSE: BBG ), up 18 percent, and McDermott International Inc (NYSE: MDR ), up 8 percent.
In trading on Wednesday, utilities shares fell 0.42 percent. Meanwhile, top losers in the sector included Genie Energy Ltd (NYSE: GNE ), down 3 percent, and RGC Resources Inc. (NASDAQ: RGCO ) down 3 percent.
Top Headline
Estee Lauder Companies Inc (NYSE: EL ) reported upbeat results for its third quarter and raised its FY guidance.
Estee Lauder reported Q3 earnings of $1.14 per share on revenue of $3.27 billion. However, analysts expected earnings of $0.97 per share on sales of $3.17 billion.
Estee Lauder now expects FY18 adjusted earnings of $4.04 to $4.12 per share, versus earlier forecast of $3.87 to $3.94 per share.
Equities Trading UP
Bill Barrett Corporation (NYSE: BBG ) shares shot up 18 percent to $5.82 following Q3 results. Bill Barrett reported a Q3 loss of $28.8 million.
Shares of Big 5 Sporting Goods Corporation (NASDAQ: BGFV ) got a boost, shooting up 13 percent to $7.20 after the company posted Q3 results. Big 5 Sporting Goods reported Q3 earnings of $0.28 per share on revenue of $270.5 million. The company expects Q4 earnings of $0.16 to $0.28 per share.
Plantronics Inc (NYSE: PLT ) shares were also up, gaining 15 percent to $52.35 after the company reported upbeat Q2 results. Plantronics expects Q3 earnings of $0.75 to $0.85 per share, on sales of $215 million to $225 million.
Equities Trading DOWN
Envision Healthcare Corporation (NYSE: EVHC ) shares dropped 33 percent to $28.75 after the company reported third-quarter adjusted EPS that was down significantly year over year and announced plans to review strategic alternatives.
Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.55 as the company reported downbeat quarterly results.
Frontier Communications Corp (NASDAQ: FTR ) was down, falling around 24 percent to $9.23. Frontier Communications reported a Q3 loss of $1.19 per share on revenue of $2.25 billion.
Commodities
In commodity news, oil traded down 0.06 percent to $54.35 while gold traded up 0.60 percent to $1,278.10.
Silver traded up 2.62 percent Wednesday to $17.13, while copper rose 1.29 percent to $3.141.
Eurozone
European shares closed mostly higher today. The eurozone's STOXX 600 gained 0.45 percent, the Spanish Ibex Index rose 0.01 percent, while Italy's FTSE MIB Index gained 0.95 percent. Meanwhile the German DAX climbed 1.81 percent, and the French CAC 40 gained 0.30 percent while U.K. shares fell 0.07 percent.
Economics
Private-sector employers added 235,000 jobs in October, ADP reported Wednesday. However, economists were expecting a gain of 200,000 jobs.
The Markit manufacturing PMI rose to 54.60 for October, versus previous reading of 54.50. However, economists were projecting a reading of 54.50.
The ISM manufacturing index dropped to 58.7 in October, versus prior reading of 60.8. However, economists expected a reading of 59.5.
U.S. construction spending rose 0.3 percent for September, versus economists' expectations for a 0.1 percent decline.
Domestic crude supplies declined 2.44 million barrels for the week ended October 27, the U.S. Energy Information Administration reported. Analysts projected a drop of 1.76 million barrels. Gasoline stockpiles slipped 4.02 million barrels, while distillate stockpiles declined 320,000 barrels for the week.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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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.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.55 as the company reported downbeat quarterly results. Top Headline Estee Lauder Companies Inc (NYSE: EL ) reported upbeat results for its third quarter and raised its FY guidance. Shares of Big 5 Sporting Goods Corporation (NASDAQ: BGFV ) got a boost, shooting up 13 percent to $7.20 after the company posted Q3 results.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.55 as the company reported downbeat quarterly results. Meanwhile, top gainers in the sector included Bill Barrett Corporation (NYSE: BBG ), up 18 percent, and McDermott International Inc (NYSE: MDR ), up 8 percent. Equities Trading UP Bill Barrett Corporation (NYSE: BBG ) shares shot up 18 percent to $5.82 following Q3 results.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.55 as the company reported downbeat quarterly results. Toward the end of trading Wednesday, the Dow traded up 0.12 percent to 23,405.70 while the NASDAQ declined 0.31 percent to 6,706.81. The eurozone's STOXX 600 gained 0.45 percent, the Spanish Ibex Index rose 0.01 percent, while Italy's FTSE MIB Index gained 0.95 percent.
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Shares of 3D Systems Corporation (NYSE: DDD ) were down 23 percent to $9.55 as the company reported downbeat quarterly results. Toward the end of trading Wednesday, the Dow traded up 0.12 percent to 23,405.70 while the NASDAQ declined 0.31 percent to 6,706.81. Plantronics Inc (NYSE: PLT ) shares were also up, gaining 15 percent to $52.35 after the company reported upbeat Q2 results.
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8d63438b-0a5f-4214-ba90-6465b69e1d8f
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716988.0
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2017-11-01 00:00:00 UTC
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Pre-Market Most Active for Nov 1, 2017 : EVHC, X, GE, TEVA, DDD, VALE, AAPL, GRPN, TVIX, FB, MU, QQQ
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DDD
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https://www.nasdaq.com/articles/pre-market-most-active-nov-1-2017-evhc-x-ge-teva-ddd-vale-aapl-grpn-tvix-fb-mu-qqq-2017-11
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The NASDAQ 100 Pre-Market Indicator is up 18.69 to 6,267.25. The total Pre-Market volume is currently 8,988,061 shares traded.
The following are the most active stocks for the pre-market session :
Envision Healthcare Corporation ( EVHC ) is -15.92 at $26.68, with 1,281,773 shares traded. As reported by Zacks, the current mean recommendation for EVHC is in the "buy range".
United States Steel Corporation ( X ) is +2.49 at $27.81, with 739,429 shares traded. X's current last sale is 94.27% of the target price of $29.5.
General Electric Company ( GE ) is -0.16 at $20.00, with 524,244 shares traded., following a 52-week high recorded in prior regular session.
Teva Pharmaceutical Industries Limited ( TEVA ) is -0.2 at $13.60, with 502,108 shares traded.TEVA is scheduled to provide an earnings report on 11/2/2017, for the fiscal quarter ending Sep2017. The consensus earnings per share forecast is 1.03 per share, which represents a 128 percent increase over the EPS one Year Ago
3D Systems Corporation ( DDD ) is -2.79 at $9.59, with 383,949 shares traded. DDD's current last sale is 61.87% of the target price of $15.5.
VALE S.A. ( VALE ) is +0.16 at $9.95, with 347,475 shares traded. VALE's current last sale is 87.67% of the target price of $11.35.
Apple Inc. ( AAPL ) is +0.4 at $169.44, with 338,716 shares traded.AAPL is scheduled to provide an earnings report on 11/2/2017, for the fiscal quarter ending Sep2017. The consensus earnings per share forecast is 1.87 per share, which represents a 167 percent increase over the EPS one Year Ago
Groupon, Inc. ( GRPN ) is -0.03 at $4.74, with 245,069 shares traded. Business Wire Reports: Groupon Names Steve Krenzer Chief Operating Officer
VelocityShares Daily 2x VIX Short-Term ETN ( TVIX ) is -0.17 at $8.20, with 230,555 shares traded. This represents a .06% increase from its 52 Week Low.
Facebook, Inc. ( FB ) is +1.84 at $181.90, with 224,759 shares traded. Market Realist Reports: How Facebook Will Test Its New Feature
Micron Technology, Inc. ( MU ) is +0.59 at $44.90, with 201,166 shares traded., following a 52-week high recorded in prior regular session.
PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.66 at $152.81, with 190,778 shares traded. This represents a 34.69% increase from its 52 Week Low.
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.
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The consensus earnings per share forecast is 1.03 per share, which represents a 128 percent increase over the EPS one Year Ago 3D Systems Corporation ( DDD ) is -2.79 at $9.59, with 383,949 shares traded. DDD's current last sale is 61.87% of the target price of $15.5. Apple Inc. ( AAPL ) is +0.4 at $169.44, with 338,716 shares traded.AAPL is scheduled to provide an earnings report on 11/2/2017, for the fiscal quarter ending Sep2017.
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The consensus earnings per share forecast is 1.03 per share, which represents a 128 percent increase over the EPS one Year Ago 3D Systems Corporation ( DDD ) is -2.79 at $9.59, with 383,949 shares traded. DDD's current last sale is 61.87% of the target price of $15.5. Apple Inc. ( AAPL ) is +0.4 at $169.44, with 338,716 shares traded.AAPL is scheduled to provide an earnings report on 11/2/2017, for the fiscal quarter ending Sep2017.
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The consensus earnings per share forecast is 1.03 per share, which represents a 128 percent increase over the EPS one Year Ago 3D Systems Corporation ( DDD ) is -2.79 at $9.59, with 383,949 shares traded. DDD's current last sale is 61.87% of the target price of $15.5. VALE S.A. ( VALE ) is +0.16 at $9.95, with 347,475 shares traded.
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The consensus earnings per share forecast is 1.03 per share, which represents a 128 percent increase over the EPS one Year Ago 3D Systems Corporation ( DDD ) is -2.79 at $9.59, with 383,949 shares traded. DDD's current last sale is 61.87% of the target price of $15.5. The NASDAQ 100 Pre-Market Indicator is up 18.69 to 6,267.25.
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cc856a89-0675-4fa2-aa7e-fb1830751ac4
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716989.0
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2017-11-01 00:00:00 UTC
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3D Systems Corp. is Now Oversold
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DDD
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https://www.nasdaq.com/articles/3d-systems-corp-now-oversold-2017-11-01
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nan
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nan
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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 29.8, after changing hands as low as $8.70 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 68.2. A bullish investor could look at DDD's 29.8 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 $8.70 per share, with $23.70 as the 52 week high point - that compares with a last trade of $9.45.
According to the ETF Finder at ETF Channel, DDD makes up 3.25% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading lower by about 2.1% on the day Wednesday.
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.
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In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $8.70 per share. A bullish investor could look at DDD's 29.8 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 $8.70 per share, with $23.70 as the 52 week high point - that compares with a last trade of $9.45.
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In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $8.70 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 $8.70 per share, with $23.70 as the 52 week high point - that compares with a last trade of $9.45. A bullish investor could look at DDD's 29.8 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.
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In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $8.70 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 $8.70 per share, with $23.70 as the 52 week high point - that compares with a last trade of $9.45. A bullish investor could look at DDD's 29.8 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.
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In trading on Wednesday, shares of 3D Systems Corp. (Symbol: DDD) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $8.70 per share. According to the ETF Finder at ETF Channel, DDD makes up 3.25% of the SPDR S&P Technology Hardware ETF (Symbol: XTH) which is trading lower by about 2.1% on the day Wednesday. A bullish investor could look at DDD's 29.8 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.
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1c11d265-8223-4239-8f17-04a6eb99b204
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716990.0
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2017-10-31 00:00:00 UTC
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3D Systems Posts an Adjusted Earnings Loss on Writedown and Other Factors; Stock Plummets
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DDD
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https://www.nasdaq.com/articles/3d-systems-posts-adjusted-earnings-loss-writedown-and-other-factors-stock-plummets-2017-10
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nan
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3D Systems (NYSE: DDD) reported disappointing third-quarter 2017 earnings after the market closed on Tuesday. The diversified 3D-printing company's revenue edged down 2.2% and its loss per share widened year over year. Adjusted for one-time factors, the company's per-share results turned negative from a positive in the year-ago quarter.
Earnings were negatively impacted by a $12.9 million legacy products and parts inventory writedown, execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses, particularly metals and on-demand manufacturing.
Shares of 3D Systems plunged 15.4% in after-hours trading, which we can attribute to results falling short of Wall Street's expectations and the company withdrawing 2017 guidance. Management said the unpredictability surrounding the legacy product quality and reliability issues, which have proven deeper and broader than expected, make providing an outlook difficult. The stock should be under pressure during the regular trading session on Wednesday.
3D Systems' key quarterly numbers
Data source: 3D Systems. GAAP = generally accepted accounting principles.
Net income and EPS were significantly negatively impacted by the $12.9 million charge from the writedown previously mentioned. The products and parts written down primarily fall within the company's polymer business.
For some context -- though long-term investors shouldn't place too much weight on Wall Street's near-term estimates -- analysts were looking for 3D Systems to post adjusted EPS of $0.12 on revenue of $162.8 million. The company fell significantly short on both metrics.
On the cash flow front, 3D Systems used $0.7 million of cash in operations and ended the quarter with $138.3 million of cash on hand.
Gross margin in the quarter was 38.3%, which included the $12.9 million charge previously noted, compared with 44.1% in the year-ago quarter, which included $10.7 million of expenses related to discontinued products and projects.
Segment results
Data source: 3D Systems. *Total here adds up to $156.3 million, rather than the reported $156.4 million, due to rounding.
More specifically, here's how key categories performed by year-over-year revenue changes in the quarter:
Healthcare solutions : Up 10%, to $47 million. (This category spans both segments and overlaps other categories.) This isn't all organic growth, as results, once again, got a boost from an acquisition in the first quarter of a company that makes dental materials.
Software (within product): Flat at $21 million.
Materials (within product): Up 4%, to $39 million. This category also got a boost from the above-mentioned acquisition. Excluding the acquisition, materials revenue was at best flat with the year-ago period, as per my take of an exchange on the analyst conference call.
On-demand part manufacturing (within service): Up 3%, to $27 million.
3D printers (within product): Down 11%, to $29 million.
What management had to say
Here's what Joshi had to say in the press release:
Looking ahead
In short, 3D Systems posted a poor quarter for a variety of reasons: a products and inventory writedown, execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses -- notably, metals and on-demand manufacturing -- due to increasing competition.
The company withdrew its previously issued full-year 2017 guidance (which it ratcheted back last quarter ), citing legacy quality and reliability issues that have proven to be deeper and broader than management had previously realized. These issues make predictability difficult, according to management.
Joshi said on the call that the company plans to launch a host of new products across its businesses -- including its next-generation metal 3D-printing technology -- in 2018. The company will provide more details about the new products at its launch event on Nov. 7.
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*Stock Advisor returns as of October 9, 2017
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.
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3D Systems (NYSE: DDD) reported disappointing third-quarter 2017 earnings after the market closed on Tuesday. Earnings were negatively impacted by a $12.9 million legacy products and parts inventory writedown, execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses, particularly metals and on-demand manufacturing. For some context -- though long-term investors shouldn't place too much weight on Wall Street's near-term estimates -- analysts were looking for 3D Systems to post adjusted EPS of $0.12 on revenue of $162.8 million.
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3D Systems (NYSE: DDD) reported disappointing third-quarter 2017 earnings after the market closed on Tuesday. Earnings were negatively impacted by a $12.9 million legacy products and parts inventory writedown, execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses, particularly metals and on-demand manufacturing. Management said the unpredictability surrounding the legacy product quality and reliability issues, which have proven deeper and broader than expected, make providing an outlook difficult.
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3D Systems (NYSE: DDD) reported disappointing third-quarter 2017 earnings after the market closed on Tuesday. Earnings were negatively impacted by a $12.9 million legacy products and parts inventory writedown, execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses, particularly metals and on-demand manufacturing. Gross margin in the quarter was 38.3%, which included the $12.9 million charge previously noted, compared with 44.1% in the year-ago quarter, which included $10.7 million of expenses related to discontinued products and projects.
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3D Systems (NYSE: DDD) reported disappointing third-quarter 2017 earnings after the market closed on Tuesday. Earnings were negatively impacted by a $12.9 million legacy products and parts inventory writedown, execution issues in the Americas and Asia-Pacific regions, and pricing pressure in some businesses, particularly metals and on-demand manufacturing. Shares of 3D Systems plunged 15.4% in after-hours trading, which we can attribute to results falling short of Wall Street's expectations and the company withdrawing 2017 guidance.
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ba36cb99-b112-46c6-9fc6-6be71b7548b6
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716991.0
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2017-10-31 00:00:00 UTC
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Is the Options Market Predicting a Spike in 3D Systems (DDD) Stock?
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DDD
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https://www.nasdaq.com/articles/is-the-options-market-predicting-a-spike-in-3d-systems-ddd-stock-2017-10-31
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nan
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 11, 2017 $13.50 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for 3D Systems shares, but what is the fundamental picture for the company? Currently, 3D Systems is a Zacks Rank #3 (Hold) in the Computer - Mini computers industry that ranks in the Top 9% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while three analysts have revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 12 cents per share to 11 cents in that period.
Given the way analysts feel about 3D Systems right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Each week, our very own Dave Bartosiak gives his top options trades. Check out his recent live analysis and options trade for the NFLX earnings report completely free. See it here: Bartosiak: Trading Netflix's (NFLX) Earnings with Options or check out the embedded video below for more details:
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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.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in 3D Systems CorporationDDD need to pay close attention to the stock based on moves in the options market lately. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report To read this article on Zacks.com click here. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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a35eb20f-969f-4f5a-a4d0-466753fdaa44
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716992.0
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2017-10-31 00:00:00 UTC
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3D Systems Corporation (DDD) Shares Plummet on Earnings Miss
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https://www.nasdaq.com/articles/3d-systems-corporation-ddd-shares-plummet-earnings-miss-2017-10-31
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
3D Systems Corporation (NYSE: DDD ) posted its third-quarter results of fiscal 2017, missing the mark by a considerable margin.
Analysts were expecting an impressive quarter from the 3D-printing company, but they were disappointed to find out that the company posted a Non-GAAP loss of 20 cents per share.
Wall Street's consensus estimate for earnings of 12 cents per share. Revenue came in at $152.9 million, while the Wall Street projection was for sales of $162.5 million. In the year-ago quarter, 3D Systems posted non-GAAP earnings of 14 cents per share on $156.4 million in revenue.
"While third quarter results did not meet our expectations, we believe actions taken during the quarter both organizationally and operationally better position the company for long term success," CEO Vyomesh Joshi said in a press release.
On a GAAP basis, earnings came in at a loss of 34 cents per share, versus earnings at a loss of 19 cents per share in the year-ago quarter. The quarter's gross margin amounted to 38.3% for the period, compared to 44.1% a year ago.
3D Systems also withdrew its guidance as the company's management is focusing on building for "long term growth, profitability and success." This makes it difficult to know exactly how the company will perform in the future.
DDD stock fell more than 15.7% after the bell Tuesday. The stock gained 4.7% during regular trading hours as Wall Street had high hopes for the stock.
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The post 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss 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.
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The post 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss appeared first on InvestorPlace . InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) posted its third-quarter results of fiscal 2017, missing the mark by a considerable margin. DDD stock fell more than 15.7% after the bell Tuesday.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) posted its third-quarter results of fiscal 2017, missing the mark by a considerable margin. The post 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss appeared first on InvestorPlace . DDD stock fell more than 15.7% after the bell Tuesday.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) posted its third-quarter results of fiscal 2017, missing the mark by a considerable margin. DDD stock fell more than 15.7% after the bell Tuesday. The post 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss appeared first on InvestorPlace .
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3D Systems Corporation (NYSE: DDD ) posted its third-quarter results of fiscal 2017, missing the mark by a considerable margin. DDD stock fell more than 15.7% after the bell Tuesday. The post 3D Systems Corporation (DDD) Shares Plummet on Earnings Miss appeared first on InvestorPlace .
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716993.0
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2017-10-25 00:00:00 UTC
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HP's Plans for 3D Metal Printing Could be a Game Changer
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DDD
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https://www.nasdaq.com/articles/hps-plans-3d-metal-printing-could-be-game-changer-2017-10-25
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HP (NYSE: HPQ) CEO Dion Weisler recently revealed that his company planned to launch next-gen 3D printers that could produce metal objects. Weisler didn't reveal much else about the technology or the prices, but declared that HP would reveal more information next year.
Weisler stated that he was signaling "the intent" HP had in entering the market so it could initiate discussions with potential customers that wanted to print 3D metal objects. That announcement, along with HP's gradual entrance into the industrial 3D printing market, caused shares of popular 3D printing plays 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) to slide over the past six months.
Why is HP making 3D printers?
HP split with Hewlett-Packard Enterprise (NYSE: HPE) in late 2015. HP retained the PC and printer businesses, while HPE kept the enterprise hardware and software units. At the time, HP was considered a slower-growth play than HPE, since global PC shipments were weak and printers were heavily commoditized.
Yet HP defied expectations by redesigning its PCs and focusing on higher-growth categories like 2-in-1s and premium laptops. As a result, HP's shipments rose as industry-wide shipments declined. Gartner 's latest numbers reveal that HP's shipments grew 4.4% annually during the third quarter, as all of its rivals -- including Lenovo , Dell , Asus , Apple , and Acer -- posted single-digit declines. That's why HP's Personal Systems (PC) revenue rose 12% annually to $8.4 billion last quarter.
As for printers, HP diversified away from traditional inkjet and laser printers with higher-growth niche products like mobile printers (for smartphones), industrial 3D printers, and multi-function printers that can simultaneously replace copiers and printers. HP also secured about 65 channel partners and scaled up by acquiring Samsung 's (NASDAQOTH: SSNLF) printing business, which will boost the unit's margins and market share in the multi-function printer space.
HP's Printing revenue rose 6% to $4.7 billion last quarter as stronger sales of consumer printers offset a slight decline in commercial printer sales. But since commercial printers usually have higher margins than consumer ones, the unit's operating margin fell 310 basis points annually to 17.3%. Expanding further into 3D printing, especially with new features like metal printing, could help HP move well ahead of its rivals and boost its commercial printing revenues again and expand the unit's margins.
What's the market opportunity here?
Manufacturers mostly use 3D printers to produce small rubber and plastic parts. But by making the jump to metal objects, manufacturers could potentially print screws, nails, cases, and other custom parts.
HP claims that the entire manufacturing market is worth $12 trillion, but admits that the industrial 3D printing market only accounts for a drop in that pond. CFO Cathie Lesjak also warned that its 3D printing business still isn't profitable and remains in "investment mode," while Weisler noted that 3D printers don't generate meaningful revenues for the company yet.
Nonetheless, companies like 3D Systems and Stratasys should be concerned, since HP can afford to run the unit at a loss for years to build up its market share. 3D Systems and Stratasys are both much smaller and unprofitable on a GAAP basis, so they could be in serious trouble if HP turns up the heat.
HP's firing on all cylinders
HP stock already rallied nearly 50% this year, but it still trades at a reasonable 12 times forward earnings and pays a solid 2.4% yield. Analysts expect the stable growth of its PC and printing businesses to respectively lift its revenue and earnings by 7% and 3% this year.
Looking ahead, HP will likely keep dominating the PC market as its printing business evolves beyond traditional printers. It's only taken baby steps into the 3D printing market with a handful of partners like Jaguar Land Rover and Siemens , but it could eventually dominate the market with a wide variety of 3D printing technologies -- like the ability to print metal objects.
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Leo Sun has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Apple. The Motley Fool has the following options: long January 2020 $150 calls on Apple and short January 2020 $155 calls on Apple. The Motley Fool recommends 3D Systems, Gartner, 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.
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That announcement, along with HP's gradual entrance into the industrial 3D printing market, caused shares of popular 3D printing plays 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) to slide over the past six months. HP (NYSE: HPQ) CEO Dion Weisler recently revealed that his company planned to launch next-gen 3D printers that could produce metal objects. Gartner 's latest numbers reveal that HP's shipments grew 4.4% annually during the third quarter, as all of its rivals -- including Lenovo , Dell , Asus , Apple , and Acer -- posted single-digit declines.
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That announcement, along with HP's gradual entrance into the industrial 3D printing market, caused shares of popular 3D printing plays 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) to slide over the past six months. HP's Printing revenue rose 6% to $4.7 billion last quarter as stronger sales of consumer printers offset a slight decline in commercial printer sales. Expanding further into 3D printing, especially with new features like metal printing, could help HP move well ahead of its rivals and boost its commercial printing revenues again and expand the unit's margins.
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That announcement, along with HP's gradual entrance into the industrial 3D printing market, caused shares of popular 3D printing plays 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) to slide over the past six months. As for printers, HP diversified away from traditional inkjet and laser printers with higher-growth niche products like mobile printers (for smartphones), industrial 3D printers, and multi-function printers that can simultaneously replace copiers and printers. HP's Printing revenue rose 6% to $4.7 billion last quarter as stronger sales of consumer printers offset a slight decline in commercial printer sales.
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That announcement, along with HP's gradual entrance into the industrial 3D printing market, caused shares of popular 3D printing plays 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) to slide over the past six months. HP retained the PC and printer businesses, while HPE kept the enterprise hardware and software units. HP's Printing revenue rose 6% to $4.7 billion last quarter as stronger sales of consumer printers offset a slight decline in commercial printer sales.
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716994.0
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2017-10-24 00:00:00 UTC
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Notable Tuesday Option Activity: CAT, TLRD, DDD
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https://www.nasdaq.com/articles/notable-tuesday-option-activity-cat-tlrd-ddd-2017-10-24
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Caterpillar Inc. (Symbol: CAT), where a total of 121,916 contracts have traded so far, representing approximately 12.2 million underlying shares. That amounts to about 421.9% of CAT's average daily trading volume over the past month of 2.9 million shares. Particularly high volume was seen for the $135 strike call option expiring November 17, 2017 , with 12,043 contracts trading so far today, representing approximately 1.2 million underlying shares of CAT. Below is a chart showing CAT's trailing twelve month trading history, with the $135 strike highlighted in orange:
Tailored Brands Inc (Symbol: TLRD) options are showing a volume of 18,097 contracts thus far today. That number of contracts represents approximately 1.8 million underlying shares, working out to a sizeable 214.1% of TLRD's average daily trading volume over the past month, of 845,240 shares. Especially high volume was seen for the $13 strike put option expiring January 19, 2018 , with 6,126 contracts trading so far today, representing approximately 612,600 underlying shares of TLRD. Below is a chart showing TLRD's trailing twelve month trading history, with the $13 strike highlighted in orange:
And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 24,681 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 102.7% of DDD's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $13.50 strike call option expiring November 03, 2017 , with 7,133 contracts trading so far today, representing approximately 713,300 underlying shares of DDD. Below is a chart showing DDD's trailing twelve month trading history, with the $13.50 strike highlighted in orange:
For the various different available expirations for CAT options , TLRD 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.
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Especially high volume was seen for the $13.50 strike call option expiring November 03, 2017 , with 7,133 contracts trading so far today, representing approximately 713,300 underlying shares of DDD. Below is a chart showing TLRD's trailing twelve month trading history, with the $13 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 24,681 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 102.7% of DDD's average daily trading volume over the past month, of 2.4 million shares.
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Below is a chart showing TLRD's trailing twelve month trading history, with the $13 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 24,681 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 102.7% of DDD's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $13.50 strike call option expiring November 03, 2017 , with 7,133 contracts trading so far today, representing approximately 713,300 underlying shares of DDD.
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That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 102.7% of DDD's average daily trading volume over the past month, of 2.4 million shares. Below is a chart showing TLRD's trailing twelve month trading history, with the $13 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 24,681 contracts thus far today. Especially high volume was seen for the $13.50 strike call option expiring November 03, 2017 , with 7,133 contracts trading so far today, representing approximately 713,300 underlying shares of DDD.
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Below is a chart showing DDD's trailing twelve month trading history, with the $13.50 strike highlighted in orange: For the various different available expirations for CAT options , TLRD options , or DDD options , visit StockOptionsChannel.com. Below is a chart showing TLRD's trailing twelve month trading history, with the $13 strike highlighted in orange: And 3D Systems Corp. (Symbol: DDD) options are showing a volume of 24,681 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 102.7% of DDD's average daily trading volume over the past month, of 2.4 million shares.
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716995.0
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2017-10-19 00:00:00 UTC
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The Reality All Bitcoin and Ethereum Investors Need to Come to Terms With
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https://www.nasdaq.com/articles/reality-all-bitcoin-and-ethereum-investors-need-come-terms-2017-10-19
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Historically, there have been few if any assets that have trumped the stock market in terms of average returns. Inclusive of dividend reinvestment, the stock market has generated 7% returns over the long run, which works out to a doubling of your invested wealth about once a decade. But in 2017, cryptocurrency returns have blown the stock market out of the water.
Through Monday, Oct. 16, bitcoin, which is the most popular digital currency, and the largest by market cap, had gained nearly 500% year to date. Ethereum, which is the second-largest cryptocurrency by market cap, was up an even more impressive 4,100% since the year began. As a whole, the aggregate market cap of more than 1,100 tradable cryptocurrencies now sits at $172.2 billion, up 876% since the beginning of the year. For comparison, it's taken more than two decades for the broad-based S&P 500 to deliver similar returns.
Fact the facts: Investors overestimate the potential of new technologies, goods, and services
While most investors in bitcoin and ethereum are wondering just how high these coins could fly, there's a reality that they also need to come to terms with, and one they're probably not going to like: Investors have a long-running habit of overestimating the potential of any new technology, product, or service. We can look back two years, two decades, or even centuries, and find instances of investors vastly overpaying for an asset that was unproven at the time.
In recent years, we've seen this overzealousness manifest in the 3D-printing industry. Companies such as 3D Systems (NYSE: DDD) were expected to revolutionize the prototyping and manufacturing industry with machines capable of fulfilling businesses wildest CAD/CAM dreams. It was also expected that consumers would have growing interest in 3D-printing applications, which enticed 3D Systems to develop the Cube 3D printer for consumers. Unfortunately, interest in personal 3D printers never took off, and businesses became saturated to the point that demand dropped. Despite seeing its share price rally from $2 to nearly $100 in just a few years, 3D Systems reversed course all the way back to $8 a share as of January 2016.
Two decades ago, the buzz was all about mapping the human genome and what sort of amazing discoveries drug developers would make once personalized medicine became the norm. Celera Corporation, which has since been acquired, was a big name back in the late 1990s in mapping the genome. Entering the space later than some of its peers, it was able to take advantage of what genome-mapping data was already available, which was believed to have given it a cost advantage. Between going public in May 1999 and February 2000, its share price rocketed from $15.25 to an intraday high of $321. Eventually, Celera was acquired for essentially the same amount it launched at in May 1999, meaning it gave up all of its gains.
Nearly 400 years ago, history tells us that consumers and investors in Europe went crazy over the introduction of the tulip. Quickly becoming a hot luxury item, tulip bulb prices rose to a peak of 10 times the annual income of a skilled craftsworker as of early 1637. Mind you, that was the price for a single bulb. The parabolic rise and tumultuous tumble of tulip bulbs took place over just seven months.
These are just some of the countless instances throughout history of overestimating the potential of a new technology, product, or service, and there's no reason to believe that bitcoin and ethereum will end differently.
Take a gander at the Bitcoin Investment Trust (NASDAQOTH: GBTC) , which is an ETF run by Grayscale that does nothing more than hold a relatively fixed amount of bitcoin, and charges its shareholders an exorbitant 2% annual management fee to do so. As of the end of September, the Bitcoin investment Trust held 172,437 coins, which as of Oct. 16 are worth $986.5 million. Yet the Trust has a net asset value of $1.12 billion. This premium was actually north of 100% a few months ago, and it represents just how out of touch with reality investors are when it comes to valuing cryptocurrencies.
Tangible worries for bitcoin and ethereum
The truth is, investors to have tangible reasons to be concerned with the value assigned to bitcoin and ethereum.
To begin with, investors may be placing far too much emphasis on bitcoin and ethereum as payment platforms, rather than focusing on their underlying blockchain technology, which is where the value for these digital currencies really lies. Ethereum isn't accepted as payment by any major retailer at the moment, while bitcoin has a handful of brand-name companies that've accepted it since 2014. However, if you were to try to live off bitcoin at the moment, you'd struggle to do so. The high volatility of bitcoin, along with the length of time it takes for transactions to settle, is a deterrent to attracting new merchants.
Along those same lines, while blockchain technology is one of the many reasons cryptocurrencies are rallying, it's as of yet highly unproven. These digital and decentralized ledgers that record transactions without the need for a financial intermediary may be the secure payment platform of the future, but they're only being tested out in pilot and small-scale programs at the moment. There's also no guarantee that bitcoin or ethereum has the blockchain technology that businesses will prefer. Since the barrier to entry in developing this technology is so low, companies could easily utilize their financial resources to create their own versions of blockchain.
Regulation is another serious concern. Although government regulation would, in a way, provide some validity to bitcoin and/or ethereum as a legitimate form of currency, it could also be a means to remove market opportunities. The recent announcements from China and South Korea that they'd be shutting down initial coin offerings is one such example of how regulations can work against cryptocurrencies.
If history repeats itself once more, it'll just be a matter of time before the cryptocurrency bubble bursts and investors are left wondering what happened.
10 stocks we like better than Bitcoin Investment Trust
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 tripled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Bitcoin Investment Trust wasn't one of them! That's right -- they think these 10 stocks are even better buys.
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*Stock Advisor returns as of October 9, 2017
Sean Williams 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.
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Companies such as 3D Systems (NYSE: DDD) were expected to revolutionize the prototyping and manufacturing industry with machines capable of fulfilling businesses wildest CAD/CAM dreams. Two decades ago, the buzz was all about mapping the human genome and what sort of amazing discoveries drug developers would make once personalized medicine became the norm. To begin with, investors may be placing far too much emphasis on bitcoin and ethereum as payment platforms, rather than focusing on their underlying blockchain technology, which is where the value for these digital currencies really lies.
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Companies such as 3D Systems (NYSE: DDD) were expected to revolutionize the prototyping and manufacturing industry with machines capable of fulfilling businesses wildest CAD/CAM dreams. Fact the facts: Investors overestimate the potential of new technologies, goods, and services While most investors in bitcoin and ethereum are wondering just how high these coins could fly, there's a reality that they also need to come to terms with, and one they're probably not going to like: Investors have a long-running habit of overestimating the potential of any new technology, product, or service. These are just some of the countless instances throughout history of overestimating the potential of a new technology, product, or service, and there's no reason to believe that bitcoin and ethereum will end differently.
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Companies such as 3D Systems (NYSE: DDD) were expected to revolutionize the prototyping and manufacturing industry with machines capable of fulfilling businesses wildest CAD/CAM dreams. Fact the facts: Investors overestimate the potential of new technologies, goods, and services While most investors in bitcoin and ethereum are wondering just how high these coins could fly, there's a reality that they also need to come to terms with, and one they're probably not going to like: Investors have a long-running habit of overestimating the potential of any new technology, product, or service. Tangible worries for bitcoin and ethereum The truth is, investors to have tangible reasons to be concerned with the value assigned to bitcoin and ethereum.
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Companies such as 3D Systems (NYSE: DDD) were expected to revolutionize the prototyping and manufacturing industry with machines capable of fulfilling businesses wildest CAD/CAM dreams. But in 2017, cryptocurrency returns have blown the stock market out of the water. To begin with, investors may be placing far too much emphasis on bitcoin and ethereum as payment platforms, rather than focusing on their underlying blockchain technology, which is where the value for these digital currencies really lies.
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716996.0
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2017-10-18 00:00:00 UTC
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3D Systems Earnings on Halloween Day: 3 Things to Watch
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https://www.nasdaq.com/articles/3d-systems-earnings-halloween-day-3-things-watch-2017-10-18
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3D Systems (NYSE: DDD) is slated to report its third-quarter 2017 earnings after the market closes on Tuesday, Oct. 31 -- yes, Halloween Day. It's scheduled to be the first of the two largest publicly traded pure-play 3D printing companies to report, with Stratasys on deck for Nov. 14.
Shares of 3D Systems are down 12.3% in 2017, through Oct. 17. Meanwhile, Stratasys stock has gained 28.2% so far this year, while the S&P 500 has returned 16.2%.
Benchmark quarterly numbers
Here are the year-ago quarterly results to use as benchmarks to gauge 3D Systems' earnings.
Data source: 3D Systems.
To provide some context -- though investors shouldn't place too much importance on Wall Street's near-term estimates -- analysts expect 3D Systems to deliver adjusted EPS of $0.12 on revenue of $162.95 million, representing a decline of 14.3% and an increase of 4.2%, respectively, over the year-ago quarter.
For additional perspective, in the second quarter , 3D Systems' revenue inched up about 1% and its adjusted EPS dropped 33% from the year-ago period. And in the first quarter , revenue and adjusted EPS tumbled 2.5% and 20%, respectively.
Along with the headline numbers, here's what to focus on in the report.
1. 3D printer sales
Investors should remain focused on 3D printer sales, which have been a weak spot in recent years. While 3D Systems has a service business, sales of 3D printers are particularly critical to the company's long-term success. That's because it employs a razor-and-blade-like business model, where sales of 3D printers drive sales of high-margin print materials, or "consumables," over the life of the printers.
In the first and second quarters, year-over-year revenue from sales of 3D printers declined 4% and 14%, respectively. In 2016, this number was down 21% from 2015.
2. Figure 4 sales and outlook
CEO Vyomesh Joshi reiterated on last quarter's conference call what the company said in March when it shipped its first Figure 4 system -- that shipments of its Figure 4 3D printing systems should ramp up in the second half of this year. Well, the second half of the year is here, so investors should expect some news on this front on the conference call.
Figure 4 is the speedy, robotic, modular stereolithography (SLA) 3D printing system designed for the production of polymer parts that 3D Systems launched earlier this year. The company claims that it's up to 50 times faster than conventional SLA 3D printing systems, and that the tech opens up a vast array of materials possibilities. A lot depends on the success of this offering, as the company views Figure 4 as one of its long-term growth drivers. Moreover, last year, HP Inc. and start-up Carbon both entered the enterprise 3D printing market when they released 3D printers touted to be faster than those currently on the market.
3. Healthcare business
3D Systems' healthcare business has generally been one of the better-performing parts of its business over the last few years, so obviously investors would like to see this continue. In 2016, healthcare revenue grew 5% from 2015 -- not strong growth by any means, but considerably better than the overall business performed. (Total revenue decreased 9.5%, driven by double-digit declines in 3D printer and service revenue.)
Unfortunately, however, investors won't be able to get a clear view of how the healthcare business is performing this year from the breakout of the healthcare revenue. That's because 3D Systems made an acquisition -- Vertex Global, which has a portfolio of dental materials -- in the first quarter of the year that falls into the healthcare category, and the company didn't provide exact sales figures for this entity. So investors will have to rely on whatever color about the healthcare business' performance that management provides on the conference call.
10 stocks we like better than 3D Systems
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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.
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3D Systems (NYSE: DDD) is slated to report its third-quarter 2017 earnings after the market closes on Tuesday, Oct. 31 -- yes, Halloween Day. To provide some context -- though investors shouldn't place too much importance on Wall Street's near-term estimates -- analysts expect 3D Systems to deliver adjusted EPS of $0.12 on revenue of $162.95 million, representing a decline of 14.3% and an increase of 4.2%, respectively, over the year-ago quarter. The company claims that it's up to 50 times faster than conventional SLA 3D printing systems, and that the tech opens up a vast array of materials possibilities.
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3D Systems (NYSE: DDD) is slated to report its third-quarter 2017 earnings after the market closes on Tuesday, Oct. 31 -- yes, Halloween Day. 3D printer sales Investors should remain focused on 3D printer sales, which have been a weak spot in recent years. Healthcare business 3D Systems' healthcare business has generally been one of the better-performing parts of its business over the last few years, so obviously investors would like to see this continue.
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3D Systems (NYSE: DDD) is slated to report its third-quarter 2017 earnings after the market closes on Tuesday, Oct. 31 -- yes, Halloween Day. Figure 4 sales and outlook CEO Vyomesh Joshi reiterated on last quarter's conference call what the company said in March when it shipped its first Figure 4 system -- that shipments of its Figure 4 3D printing systems should ramp up in the second half of this year. Healthcare business 3D Systems' healthcare business has generally been one of the better-performing parts of its business over the last few years, so obviously investors would like to see this continue.
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3D Systems (NYSE: DDD) is slated to report its third-quarter 2017 earnings after the market closes on Tuesday, Oct. 31 -- yes, Halloween Day. Along with the headline numbers, here's what to focus on in the report. In the first and second quarters, year-over-year revenue from sales of 3D printers declined 4% and 14%, respectively.
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14fa03a4-be88-4f61-adee-fc442cbe910b
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716997.0
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2017-10-14 00:00:00 UTC
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Why 3D Systems Stock and Stratasys Stock Plunged 8.8% and 7.4% on Friday
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DDD
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https://www.nasdaq.com/articles/why-3d-systems-stock-and-stratasys-stock-plunged-88-and-74-friday-2017-10-14
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nan
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nan
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Shares of the two biggest pure-play 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , plummeted 8.8% and 7.4%, respectively, on Friday. The Friday the 13th culprit wasn't Jason, like in the movie, but new competitor HP Inc. (NYSE: HPQ) , which announced stepped-up 3D printing plans for its 2018 fiscal year.
For 2017, 3D Systems stock has lost 10.1%, while Stratasys has gained 29.4%. For context, the S&P 500 has returned 15.9% so far this year.
Here's what you should know.
HP's 3D-printing expansion plans include entering the metals space
HP entered the enterprise 3D printing market last year, when it launched two polymer 3D printer models powered by its speedy Multi Jet Fusion technology: the Jet Fusion 3D 3200, aimed at prototyping applications, and the more powerful 4200, geared toward short-run manufacturing applications. At the time of the launch, HP also announced it was partnering with a bevy of top companies, including Nike, BMW , Johnson & Johnson, Autodesk, Jabil Circuit,Materialise, Proto Labs , Siemens, and Shapeways.
At its annual analyst meeting on Thursday, HP said its 3D printing business is experiencing "significant momentum." Within a year, the company said it's garnered customers that are leaders in key verticals, sold 3D printers to repeat customers, generated some multiple orders, engaged with more than 50 materials manufacturers -- unlike 3D Systems and Stratasys, HP has an open materials platform -- scaled out to all geographic regions, and partnered with more than 65 resellers.
Moreover, the company plans to not only continue to expand its polymer 3D printing business, but also enter the metal 3D printing market -- which, notably, has been the fastest-growing space in the 3D printing realm in recent years. It was this news that likely accounted for the bulk of the downturn in shares of 3D Systems and Stratasys, in my opinion. While many industry observers no doubt believed that HP would eventually enter the metals business, the company's plans to do so so soon after entering the polymer 3D printing business likely took a good number of folks by surprise.
What HP's 3D-printing plans mean for 3D Systems and Stratasys
It's obviously not good news for 3D Systems and Stratasys that their deepest-pocketed competitor appears to be making good progress in its nascent polymer 3D printing business, and is planning on entering the metal 3D printing market in fiscal 2018. When the latter occurs, no part of 3D Systems' and Stratasys' businesses will be insulated from competition from HP.
To quantify things a bit: 3D Systems does make 3D printers that print in metals, and also offers metal 3D printing in its service operation. It's probably safe to assume that its metal 3D-printing product business still accounts for less than 10% of its total revenue, based on comments made on the third-quarter 2016 earnings call. The company's 3D-printing service business also offers metal 3D printing. Stratasys does not produce metal 3D printers, but its service business does provide metal 3D printing.
Stratasys has recently been strengthening its explosure to metal 3D printing. Earlier this year, it announced that it made a strategic investment in LPW Technology , a leading developer and manufacturer of metal powder solutions for the 3D printing market, and announced a strategic partnership with start-up Desktop Metal, which makes metal 3D printing systems.
In short, it's not surprising the market reacted as it did. HP's expansion into the metal 3D-printing market means that it just became an even more formidable competitor to 3D Systems and Stratasys.
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 tripled 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 October 9, 2017
Beth McKenna has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Johnson & Johnson and Nike. 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.
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Shares of the two biggest pure-play 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , plummeted 8.8% and 7.4%, respectively, on Friday. The Friday the 13th culprit wasn't Jason, like in the movie, but new competitor HP Inc. (NYSE: HPQ) , which announced stepped-up 3D printing plans for its 2018 fiscal year. HP's 3D-printing expansion plans include entering the metals space HP entered the enterprise 3D printing market last year, when it launched two polymer 3D printer models powered by its speedy Multi Jet Fusion technology: the Jet Fusion 3D 3200, aimed at prototyping applications, and the more powerful 4200, geared toward short-run manufacturing applications.
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Shares of the two biggest pure-play 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , plummeted 8.8% and 7.4%, respectively, on Friday. HP's 3D-printing expansion plans include entering the metals space HP entered the enterprise 3D printing market last year, when it launched two polymer 3D printer models powered by its speedy Multi Jet Fusion technology: the Jet Fusion 3D 3200, aimed at prototyping applications, and the more powerful 4200, geared toward short-run manufacturing applications. What HP's 3D-printing plans mean for 3D Systems and Stratasys It's obviously not good news for 3D Systems and Stratasys that their deepest-pocketed competitor appears to be making good progress in its nascent polymer 3D printing business, and is planning on entering the metal 3D printing market in fiscal 2018.
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Shares of the two biggest pure-play 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , plummeted 8.8% and 7.4%, respectively, on Friday. Moreover, the company plans to not only continue to expand its polymer 3D printing business, but also enter the metal 3D printing market -- which, notably, has been the fastest-growing space in the 3D printing realm in recent years. What HP's 3D-printing plans mean for 3D Systems and Stratasys It's obviously not good news for 3D Systems and Stratasys that their deepest-pocketed competitor appears to be making good progress in its nascent polymer 3D printing business, and is planning on entering the metal 3D printing market in fiscal 2018.
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Shares of the two biggest pure-play 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) , plummeted 8.8% and 7.4%, respectively, on Friday. Moreover, the company plans to not only continue to expand its polymer 3D printing business, but also enter the metal 3D printing market -- which, notably, has been the fastest-growing space in the 3D printing realm in recent years. What HP's 3D-printing plans mean for 3D Systems and Stratasys It's obviously not good news for 3D Systems and Stratasys that their deepest-pocketed competitor appears to be making good progress in its nascent polymer 3D printing business, and is planning on entering the metal 3D printing market in fiscal 2018.
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90e3cd23-6dfd-4158-bc4d-9a060a510777
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716998.0
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2017-10-13 00:00:00 UTC
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HP Inc (HPQ) Shares Jump on Positive Fiscal 2018 Outlook
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DDD
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https://www.nasdaq.com/articles/hp-inc-hpq-shares-jump-on-positive-fiscal-2018-outlook-2017-10-13
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nan
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nan
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The world's largest PC manufacturer, HP Inc.HPQ , provided fiscal 2018 outlook in its recent Securities Analyst Meeting. The company also provided an update on its turnaround plan and future strategy.
Following the announcement, the company's shares surged nearly 2.5% in after-hours trading.
HP's 2018 Projections
For fiscal 2018, HP projects non-GAAP earnings from continuing operations in the range of $1.74-$1.84 per share (mid-point: $1.79 per share). The Zacks Consensus Estimate is pegged at $1.75 per share. GAAP earnings per share from continuing operations are expected to be in the range of $1.69-$1.79 per share.
Free cash flow is projected to be approximately $3 billion for full year 2018. The company anticipates returning up to 50-70% of free cash flow to shareholders via dividends and share repurchase in fiscal 2018. Moreover, the company expects to increase quarterly dividends by 5%.
Factors in Favor of HP
Notably, the stock has had a remarkable run so far this year. In the year-to-date period, HP has surged 37.5%, outperforming 34.4% growth recorded by its industry .
The much awaited pending acquisition of Samsung Electronics' printer business, for $1.1 billion, recently crossed another milestone after China's Ministry of Commerce gave approval for the transaction, per media sources. This is another factor that provided a boost to the share price movement.
The acquisition is a strategic move by HP, as it will expand the company's printing business as Samsung's printer business has more than 6,500 printing patents. Additionally, the deal will bring in additional 1,300 researchers and engineers, which will support development and manufacturing of HP printers, going forward.
The spin-off from its parent, Hewlett-Packard Company, along with restructuring initiatives, such as focus on product innovations, pricing, marketing and sales activities, divestment of non-core assets and cutting jobs to lower costs, are apparently paying off at last. Although, worldwide PC shipments declined in the third quarter, but, HP retained its leading position during the quarter, per Gartner. Further, this was the sixth consecutive quarter of year-over-year shipment growth for the company, following five back-to-back quarters of underperformance.
Gartner also stated that among the top five vendors, only HP recorded growth in PC shipment, while Dell, Apple AAPL , Lenovo and Asus witnessed declines during the third quarter. With a market share of 30.5%, HP witnessed year-over-year growth of 4.4% in PC shipment.
The company is also trying to enhance 3D printing business capabilities. It should be noted that even though HP has been operating in this space for almost five years now, the company is way behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS .
Consequently, in order to fortify its presence in this space, last year, HP unveiled its Jet Fusion 3D Printing Solution with two models to choose from - 4200 and 3200. Unlike 3D Systems and Stratasys, which targets all kinds of consumers, HP emphasizes only on industrial markets due to its ability to afford a premium range of 3D printing solutions.
To satisfy customers in this space, HP has collaborated with various companies like Siemens, BMW, Nike Inc. and Autodesk Inc., with an aim to develop more advanced 3D printing technologies for a wide array of industrial use.
HP's efforts to revive printing business have been commendable. Looking HP's strategies yielding satisfactory results, we feel the company can turnaround the printing business, and claim a bigger share in the inkjet as well as 3D printer market.
Bottom Line
These favorable forecasts along with HP's effort to boost earnings going ahead, raises investors' confidence.
However, macroeconomic challenges and tepid IT spending remain near-term concerns. Competition from the likes of International Business Machines and Apple add to its woes.
HP currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
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HP Inc. (HPQ): Free Stock Analysis Report
3D Systems Corporation (DDD): Free Stock Analysis Report
Apple Inc. (AAPL): 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.
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It should be noted that even though HP has been operating in this space for almost five years now, the company is way 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 Apple Inc. (AAPL): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. The much awaited pending acquisition of Samsung Electronics' printer business, for $1.1 billion, recently crossed another milestone after China's Ministry of Commerce gave approval for the transaction, per media sources.
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. It should be noted that even though HP has been operating in this space for almost five years now, the company is way behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . HP's 2018 Projections For fiscal 2018, HP projects non-GAAP earnings from continuing operations in the range of $1.74-$1.84 per share (mid-point: $1.79 per share).
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Click to get this free report HP Inc. (HPQ): Free Stock Analysis Report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. It should be noted that even though HP has been operating in this space for almost five years now, the company is way behind 3D Systems Corporation DDD and Stratasys Ltd. SSYS . HP's 2018 Projections For fiscal 2018, HP projects non-GAAP earnings from continuing operations in the range of $1.74-$1.84 per share (mid-point: $1.79 per share).
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It should be noted that even though HP has been operating in this space for almost five years now, the company is way 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 Apple Inc. (AAPL): Free Stock Analysis Report Stratasys, Ltd. (SSYS): Free Stock Analysis Report To read this article on Zacks.com click here. GAAP earnings per share from continuing operations are expected to be in the range of $1.69-$1.79 per share.
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661afd7c-37e8-47ca-bc0f-69a499080577
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716999.0
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2017-10-13 00:00:00 UTC
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Why Hostess Brands, 3D Systems, and PG&E Slumped Today
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DDD
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https://www.nasdaq.com/articles/why-hostess-brands-3d-systems-and-pge-slumped-today-2017-10-13
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nan
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nan
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Friday was a good day for the stock market, and major market benchmarks posted modest gains to finish a positive week at record levels. The U.S. economy continued its positive momentum, with the key consumer segment showing signs of strengthening. Consumer confidence numbers came in at their highest level in more than a decade, and signs of progress in Washington on moving tax policy and other domestic agenda items forward have market participants excited about the sustainability of the eight-year-old bull market. Yet some individual stocks suffered bad news that sent their shares lower. Hostess Brands (NASDAQ: TWNK) , 3D Systems (NYSE: DDD) , and PG&E (NYSE: PCG) were among the worst performers in the market on the day. Let's take a closer look to see what made these stocks do so poorly.
Hostess deals with leadership transition
Hostess Brands dropped 11%, after the maker of Twinkies and other snack-food items said its chief executive officer will retire. Bill Toler will step down on March 1, unless the company successfully finds a replacement before then. He will remain on the board of directors, but investors are worried that the move comes at a critical time in the company's turnaround. Stock analysts following the company also weighed in, with UBS downgrading the stock to "sell" and cutting its price target to $11 per share. Toler has been an instrumental part of pulling Hostess through some tough times, but the company needs further improvement to reach its full potential.
3D Systems sees strengthening competition
3D Systems fell more than 8% on a bad day for 3D printing stocks across the industry. For a long time, 3D Systems and its specialist peers had a corner on the 3D printing market, but larger players in the market subsequently moved to build a presence in the space. Positive news from longtime printer hardware company HP included more favorable prospects for future growth at the company, especially in promising areas of innovation. HP has sought to take its printer expertise and apply it to 3D printing , and if it's successful, then it will come at the expense of 3D Systems and other players in the space.
PG&E deals with fire fallout
Finally, PG&E dropped more than 10%. Regulators in California have ordered the electric utility to preserve evidence in connection with an investigation about the cause of the wildfires that have ravaged the state in recent days. Not only will the utility have to spend substantial amounts of money to repair damage from the fires, but some have now also speculated that PG&E's power lines might have been triggered the disaster. Income investors have liked PG&E because of the utility's solid dividend yield, but the company faces risks that have many conservative investors seeking alternatives.
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*Stock Advisor returns as of October 9, 2017
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.
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Hostess Brands (NASDAQ: TWNK) , 3D Systems (NYSE: DDD) , and PG&E (NYSE: PCG) were among the worst performers in the market on the day. Toler has been an instrumental part of pulling Hostess through some tough times, but the company needs further improvement to reach its full potential. Regulators in California have ordered the electric utility to preserve evidence in connection with an investigation about the cause of the wildfires that have ravaged the state in recent days.
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Hostess Brands (NASDAQ: TWNK) , 3D Systems (NYSE: DDD) , and PG&E (NYSE: PCG) were among the worst performers in the market on the day. 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!
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Hostess Brands (NASDAQ: TWNK) , 3D Systems (NYSE: DDD) , and PG&E (NYSE: PCG) were among the worst performers in the market on the day. Friday was a good day for the stock market, and major market benchmarks posted modest gains to finish a positive week at record levels. Stock analysts following the company also weighed in, with UBS downgrading the stock to "sell" and cutting its price target to $11 per share.
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Hostess Brands (NASDAQ: TWNK) , 3D Systems (NYSE: DDD) , and PG&E (NYSE: PCG) were among the worst performers in the market on the day. 3D Systems sees strengthening competition 3D Systems fell more than 8% on a bad day for 3D printing stocks across the industry. For a long time, 3D Systems and its specialist peers had a corner on the 3D printing market, but larger players in the market subsequently moved to build a presence in the space.
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a9285f35-10fa-41dd-a733-dc5d1ba8c68e
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