Seeking Alpha

ExOne higher; FBR comments on bullish management talks

  • FBR's Ajay Kerjriwal, who is reiterating an Outperform and $75 PT on ExOne (XONE +7.1%), says management indicated at investor meetings it's confident the 3D printer maker can achieve 40%-50% organic revenue growth over the next several years.
  • Also mentioned: ExOne is working with auto industry clients such as BMW and Tesla to create products such as "air-cooled systems that have intricate channels, combustion-related parts, and suspension arms." Mass-production for some parts is expected to start in 2-3 years.
  • Kerkriwal adds management's commentary "suggests strong interest from large industrial companies in establishing JVs/partnership for product/process development," and praises the "competitive superiority" of ExOne's technology.
  • ExOne has had a roller-coaster ride this year. Though shares are still up 164% from a Feb. IPO price of $18, they're down 40% from an Aug. high of $78.80.
Comments (6)
  • Bought some on the pull back at 45 and 42; sold some $45 puts. Great company.
    7 Oct 2013, 02:32 PM Reply Like
  • I bought 100 @42 also. Keeping fingers crossed.
    7 Oct 2013, 06:24 PM Reply Like
  • Good luck!
    7 Oct 2013, 06:46 PM Reply Like
  • What I am interested in in the 3 arena is who is supplying the materials for the printers. Much like ink cartridges for laser printers, this is where the real money will be made over the long haul. I own DDD, XONE, & SSYS. But I am looking to invest where I think the largest margins will be. In the cartridge sector. I have one on my radar screen, but it has run up OVER 1000% & makes me very hesitant to invest there. If anyone is doing any research in this area, a response here would be appreciated.
    7 Oct 2013, 11:42 PM Reply Like
  • AMAVF?
    8 Oct 2013, 03:25 AM Reply Like
  • This one was nuts today......
    8 Oct 2013, 04:11 PM Reply Like
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