Analysts at Jefferies have released a report summarizing their key takeaways from the 3D Printing Summit hosted this month. The report includes the analysts’ take on presentations by each of the big names in the 3D printing market.
3D Systems Corporation DDD 0.18%
3D Systems presenters focused on communicating three main points. First, the company is shifting its focus when it comes to mergers and acquisitions (M&A) from metals, materials and medical to bolt-ons and innovative venture startups geared toward identifying uses for 3D printing technology.
Second, presenters were adamant that currency fluctuations will have minimal impact on the company’s bottom line as it is well-hedged.
Finally, presenters indicated that healthcare and aerospace are among the fastest growing business segments, with hearing aids and prototyping among the slowest-growing.
Stratasys, Ltd. SSYS 0.8%
Stratasys CFO Erez Simha revealed that verticalization investments will provide long-term growth for the company, but would likely not make a meaningful impact on 2015 earnings.
Following the launch of its new extruder in Q2, Simha expects that the company’s revenues will be more skewed toward the second half of the year.
The ExOne Co XONE 0.95%
President Hans Sack and CFO Brian Smith pledged that the company is prepared to take necessary measures to achieve break-even EBITDA by 2016. The company has increased focus on sales, research and development and execution, and the management is expecting a strong second half this year.
ARC Group Worldwide Inc ARCW 6.37%
CFO Drew Kelley explained that the company is targeting more cash flow generation. The company’s goal is to become one of the largest metal 3D printing providers, and Kelley expects a rebound in firearm demand and continued strength in aerospace.
Read this article and all my other articles for free on Benzinga by clicking here
Want to learn more about the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
