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The author of Stockerblog worked for over 20 years in the financial services industry as a stockbroker, investment advisor, Vice President of a San Francisco money management firm, mutual fund wholesaler, and market maker on the Pacific Stock Exchange. He has written numerous articles for the... More
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  • 3D Printer Stocks Printing Higher Stock Prices 0 comments
    Jul 2, 2014 1:46 AM | about stocks: DDD, PRLB, SGLB, SSYS

    Did you happen to see what the 3D printing stocks did? Today, Tuesday, the 3D printer stocks were up big time. 3D Systems (NYSE:DDD) was up 6%, Stratasys (NASDAQ:SSYS) was up over 2%, and Proto Labs (NYSE:PRLB) was up almost 5%. Even the small cap companies were up. Organovo (NYSEMKT:ONVO) rose over 4% and Sigma Labs (OTCQB:SGLB) spiked 13%.

    What caused this increase? Anything from a depressed industry finally participating in a rising market during the last couple months to positive news about vascular biologic 3D printing research to short covering to other rumors. Whatever the reason, the stocks are moving.

    The problem with these stocks are that their price to earnings ratios are at atmospheric levels, assuming they even have earnings. But that hasn't kept the Internet stocks and stocks of several other industries to continue to move higher without earnings. Plus strong revenue increases help propel the stocks. Investors have over two dozen 3D printing related stocks that are available on the list at WallStreetNewsNetwork.com.

    The biggest pure play is 3D Systems (DDD), a Rock Hill, South Carolina based company, founded in 1986, which manufactures 3D printers. The stock trades at a very high 149 times current earnings and a little more reasonable yet still fairly high 53 times forward earnings. Earnings for the latest quarter dropped 17%% yet revenues jumped over 44%. The company has $306 million in cash, with $18.92 million in debt.

    Another big 3D printer stock is Stratasys (SSYS), which produces three-dimensional printers, and rapid prototyping systems. This Minnesota based 3D printer was founded in 1989. The company currently has negative earnings but trades at 39 times forward earnings. One nice feature about this company is that it is debt free with $607 million in cash. The quarterly revenues increased by 55%.

    Organovo (ONVO), founded in 2007, specializes in 3D bioprinting technology, which is the printing of body parts. The company had cash and cash equivalents of approximately $48 million, with debt of only $15 thousand. Quarterly revenues dropped by over 46% compared to last year.

    Products that can be made with 3D printers include toys, cookies, even houses and cars. For a list of all the 3-D printing companies, go to WallStreetNewsNetwork.com.

    Disclosure: The author is long SGLB.

    Themes: 3D Printing Stocks: DDD, PRLB, SGLB, SSYS
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