Seeking Alpha

Analyst notes help 3D printer makers rally

  • 3D Systems (DDD +6.3%), Stratasys (SSYS +3.7%), and ExOne (XONE +3.8%) are all up strongly after Brean starts 3D and Stratasys at Buy, and Needham predicts 3D will deliver a strong Q2 report tomorrow morning.
  • Brean's Ananda Baruah predicts 3D will post 20%+ organic revenue growth going forward, and improve its gross margin by 800bps to 60% thanks mostly to mix shifts. He also likes 3D's ~1.5x PEG ratio and high short interest (could fuel a squeeze).
  • Baruah forecasts similar growth for Stratasys, is pleased with its ~1.4x PEG and the MakerBot acquisition, and expects better operating leverage to fuel margin expansion.
  • Needham's James Ricchiuti says talks with "industry players" lead it to think 3D printing demand remained strong in Q2, and that 3D Systems likely benefited from new product launches and reseller deals.
  • 3D is near its 52-week high of $51.94, after largely treading water for two months.
From other sites
Comments (3)
  • Philip Marlowe
    , contributor
    Comments (1213) | Send Message
     
    Threading water!
    29 Jul 2013, 01:10 PM Reply Like
  • edteach
    , contributor
    Comments (2) | Send Message
     
    I read that 3d earning are not gong to be that good.
    29 Jul 2013, 03:06 PM Reply Like
  • buffett222
    , contributor
    Comments (1128) | Send Message
     
    Would love a cant miss pick in the industry :)
    30 Jul 2013, 12:29 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs