DDD Stock: Stagnant Business and Competition From HP, Xerox and Chinese Firms Are Major Headwinds For 3D Systems

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • After quitting its takeover attempt of HP, Inc, Xerox Corporation will likely accelerate is metal-based 3D printer plans. This can 3D Systems’ sales stagnate more.
  • Like HP, Xerox is also a much bigger company than 3D Systems. Those two printing giants can afford to outspend 3D Systems in advertising and contra revenue-based marketing.
  • 3D Systems will also have a hard time competing with the industrial 3D printers made by Chinese companies. There’s almost-zero chance that 3D Systems can penetrate the Chinese market.
  • The competition from Xerox, HP, and Chinese companies makes 3D Systems a sell. We all love this 3D printing pioneer but it’s time to throw in the towel on DDD.
  • You can hold on to your money-losing DDD shares but do not average down anymore. There are other better stocks than DDD.

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Top Stocks to Buy: Why DDD Deserves A Price Target Of $13

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Summary:

  • Exploit the stock markets’ panic over coronavirus. My fearless forecast is 3D Systems’ stock can bounce back to $11 before June.
  • Going forward, 3D Systems will likely find more buyers for its production-grade additive manufacturing printers.
  • Manufacturers who rely too much on outsourced factories in China would likely consider purchasing 3D printers.
  • By having their own in-house 3D printers, companies can quickly produce the most important parts/components that their products require for assembly/production.
  • Wider adoption of additive manufacturing is imminent. I expect 3D Systems to become profitable by end of 2020 or early 2021.

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3D Stock Forecast (NASDAQ: DDD): 3D Systems Can Breach $30

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Summary:

  • The stock price of 3D Systems has more than doubled since my last buy rating for it last February 23. I still endorse this stock as a buy.
  • My fearless forecast is that DDD can hit $30 within the next 12 months. Additive manufacturing’s gradual shift from prototyping to production applications is a long-term tailwind for 3D Systems.
  • The 2018 Wohlers Report revealed that the 3D printing industry grew 21% to $7.3 billion in 2017. Sales of 3D-printed parts from independent service bureaus contributed $2.995 billion.
  • I Know First’s AI still gives DDD a bullish one-year algorithmic market trend forecast.

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DDD Stock Forecast: 3D Systems Corp. Locks in Powerful Partnerships That Will Positively Shape Their Future

 

This article was written by Grant Goldstein, a Financial Analyst at I Know First

 

 

“3D printing is going to be way bigger than what the 3D printing companies are saying”

Highlights:

  • 2018 Q1 Earnings Show the Company’s Long Term Outlook
  • 3D Systems Snatches Sought After Partnership With The US Navy's Shipbuilders
  • 3D Printing Dental Services Have The Potential to Change Everything

I Know First.

 

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3D Systems Corporation (NYSE: DDD) Taking Part in Future Revolution of 3D Printing

[Image Source: StockNews.com]

“No One Can Take Our Smiles Away When Dental Decay is Kept Miles Away”
– Pro. Dr. Ninad Moon

Summary
• 3D Systems Q1 results of 2018
• ‘NextDent’ 5100 – 2018 Healthcare Application of the year
• I Know First Bullish Forecast for DDD

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and Class IV bio-compatible materials. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology, and inspection. Further, it offers proprietary software and drivers that provide part review, part preparation, part placement, automated support building and placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services; on-demand manufacturing solutions; and software and precision healthcare services. It primarily serves companies and small and midsize businesses in medical, dental, automotive, aerospace, durable good, government, defense, technology, jewelry, electronic, education, consumer good, energy, and other industries through direct sales force, as well as partner channels and distributors. The company was founded in 1986 and is headquartered in Rock Hill, South Carolina.

Q1 results of 2018
On May 2, 2018 3D Systems Corporation announced its Q1 report of 2018. Among the items of the report the revenue growth of 6% to $165.9 million compared to $156.4 million in Q1 of 2017 should draw investors’ attention in a positive direction to see that the company is on a growing path for the long term. Specifically, one could see 24% higher printer revenue on 44% higher printer unit sales, as well as sales growth in software, on demand manufacturing and healthcare solutions. However, the company’s GAAP operating expenses showed an increase of $95.4 million compared to $89.3 million in the prior year period. The result is that the company received non-GAAP loss of $0.03 per share compared to non-GAAP earnings of $0.06 per share in Q1 of 2017. The raise in the company’s total cost of sales to $88,006 compared to $76,245 in the prior year period and in the company’s investments in R&D is part of what caused the decrease in the company’s stock price per share for Q1 of 2018. Although, I still believe 3D Systems will grow in the long term and be among the top beneficiaries of 3D printing revolution in the upcoming future. Finally, during this quarter, the company used $1.5 million of cash in operations and ended with $121.6 million of unrestricted cash on hand.

[Image Source: 3DSystems.com]

‘NextDent’ 5100 – 2018 Healthcare Application of the year

[Image Source: 3DSystems.com]

On May 21, 2018 ‘NextDent’ 5100 (digital dentistry solution) was announced that it was awarded the 2018 healthcare application of the year by the publication ‘3D Printing Industry’. ‘NextDent’ 5100 was revealed on February 22, 2018. The ‘NextDent’ 5100 redefines digital dentistry and enables enhanced patient care. It is powered by Figure 4 technology- configurable assembly of interconnected SLA printers for mass production of custom parts and products. It is also being proposed as a platform for traditional manufacturers to bring their production facility to the digital era. In addition, it out-performs similar competitive offerings with 4 times the speed. By including the ‘NextDent’ 5100 into their workflow, dental laboratories and clinics of all sizes are able to address, for the first time, more conditions that cause pain or discomfort and potentially endanger a patient’s life or health with one solution. Cost-wise, 3D-printed dentures and orthodontist braces could be more cost-efficient than handcrafted.

Selling the ‘NextDent’ 5100 benefits 3D Systems in the digital dentistry. The acquisition of NextDent last year gave 3D Systems more than 18 biocompatible materials which it can sell to dentists and dental clinics. Like other printers, the bigger money is in supplying the materials. Dentists and dental clinics who purchase a 3D printer could become repeat customers for dental materials for many years.
As shown below, dental 3D printing market revenue is growing extensively with time and is expected to continue in this path due to rising prevalence of dental caries and increase in incidence of tooth loss owing to injury and accident.

DDD stock increased by 19.34% since the Q1 results of 2018 were announced.
My conclusion is that DDD stock will continue to grow in the long term given the fact that the 3D printing revolution has not arrived yet but when it does, 3D Systems will be among the top beneficiaries. ‘NextDent’ 5100 is not only a digital dentistry solution but also a revolutionary innovation.

[Image Source: Yahoo Finance]

According to analyst recommendations from Yahoo Finance, the current consensus is a “Hold” in 3D Systems Stock, with 10 advising.

[Image Source: Yahoo Finance]

Current bullish I Know First Algorithm forecast for DDD

3D printing is an upcoming revolution in the future. So, investing in 3D Systems, going long and holding, is a good course of actions as for now. I Know First Algorithm is currently bullish for DDD stock which appears to be bullish for 1, 3 and 12 months investment horizons.

Past I Know First Algorithm forecast success with DDD

On February 23, 2018 I Know First has made an accurate prediction for DDD.
With bullish signal of 25.09 and predictability indicator of 0.57 (see heat map explanation below) DDD is with about 27.43% gain since this bullish forecast.
This bullish forecast for DDD sent to the current I Know First subscribers on February 23, 2018.

 

I Know First Algorithm Heat-map Explanation

This indicator represents the predicted movement direction/trend. The signal strength indicates how much the current price deviates from what the system considers a balance or “fair” price.
The signal strength is the absolute value of the current prediction of the system. The signal can have a positive (increase), or negative (drop) sign. The heat map is arranged according to the signal strength with strongest up signals at the top. The table colors are indicative of the signal. Green indicates to the positive signal and red indicates a negative signal. A deeper color means a stronger signal and a lighter color equals a weaker signal. The sign of the signal tells in which direction the asset price is expected to go (positive = to go up = Long, negative = to drop = Short), the signal strength is related to the magnitude of the expected return and is used for ranking purposes of the investment opportunities.
Predictability measures the importance of the signal. The predictability is the historical relationship between the prediction and the actual market movement for that particular market. For each asset this indicator is recalculated daily. Theoretically the predictability ranges from minus one to plus one. The higher this number is the more predictable the particular asset is. In comparison to different time ranges, predictability will be higher for longer time. This means that longer-range signals are more accurate.
Predictability is a unique indicator of the I Know First algorithm which allows users to focus on the most predictable assets according to the algorithm. One should focus on predictability levels significantly above 0 in order to trust the signal, when ranging between -1 and 1.

DDD Stock Price Forecast: Figure 4 Technology Is 3D Systems’ Big Leap To Large-Scale Manufacturing

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

DDD Stock Prediction

Summary:

  • DDD’s price is up more than 57% since my Buy rating recommendation in March 26.
  • I believe the stock has more upside potential for the rest of 2017. The recent unveiling of the 3D Systems’ Figure 4 Technology is a notable stock catalyst.
  • Figure 4 Technology is the company’s showcase technology that will shift 3D printing from mere product prototyping to large scale manufacturing.
  • There is a demand for large-volume production of custom parts that are no longer being manufactured (but are still needed by products bought and still being used by people).
  • DDD has strong buy signals based on its 1-month, 3-month, and one-year algorithmic market trend forecasts.

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Quick Win by the Algorithm: DDD Climbs Over 17% in 7 Days