|Bid||8.36 x 900|
|Ask||8.97 x 800|
|Day's Range||8.50 - 8.87|
|52 Week Range||7.81 - 21.78|
|Beta (3Y Monthly)||2.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.50|
3-D printing unicorn Carbon, a frequently mentioned IPO candidate, on Tuesday announced a new funding round of over $260 million, hiking its overall total to $680 million and giving it a valuation of $2.4 billion.
Malibu Boats, Bed Bath, Disney, Verizon and Home Depot highlighted as Zacks Bull and Bear of the Day
3D Systems (DDD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ViaSat, 3D Systems, Constellation Brands, General Motors and Fiat Chrysler highlighted as Zacks Bull and Bear of the Day
3D Systems Corp NYSE:DDDView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is extremely high for DDD with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting DDD. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.21 billion over the last one-month into ETFs that hold DDD are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Investing in Cannabis company Cronos Group (NASDAQ:CRON) isn't an investment in what it's doing now. Rather it is an investment in what the company might become in the future, as it rides the global wave of marijuana legalization. Amazon.com (NASDAQ:AMZN) was overvalued and bleeding money in its early days too, and look how well that trade turned out. But Cronos stock isn't Amazon stock.Source: Shutterstock As a guy who was actually in this business when Amazon was conceived though, I'll gently remind those who weren't around at the time that for every Amazon that made it out of the dot-com bust, there were several names like Pets.com, Flooz, GeoCities and eToys, just to name a few that didn't make it. The mob was just as bullish on those names as they were on Amazon at the time. * 5 Safe Stocks to Buy This Summer Point being, while many argued against my May 7 bearish thesis on Cronos Group, the argument still stands. It remains to be seen which, if any, of the hot marijuana stocks will still be standing and recognizable a few years from now. Of the ones with the best odds of doing so though, Cronos Group isn't among them.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd a lot of other people are expressing eerily similar concerns. The Numbers and Cronos StockDon't misread the message. Last quarter's $6.5 million in revenue is only a fraction of what Cronos is capable of producing, just as last quarter's 1,111 kilograms of cannabis sold is a fraction of what the company says it's capable of producing.Leaning on its joint venture Cronos GrowCo along with its wholly-owned subsidiary Peace Naturals, Cronos reports it is capable of yielding 120,000 kilograms of cannabis per year. Cronos GrowCo alone boasts 850,000 square feet worth of growing space. That estimate may not yet include the capacity from its joint venture with Colombian affiliate Agroidea SAS, NatuEra, which in March finally received its growing license.With or without NatuEra in the mix, however, that sort of output potential still pales in comparison to names like Aurora Cannabis (NYSE:ACB) or Canopy Growth (NYSE:CGC), which are capable of producing 700,000 and 550,000 kilograms of dried marijuana per year, respectively, as they stand right now.The curious part? Cronos stock currently sports a market cap of $5.1 billion, versus Aurora's $8.4 billion despite the fact that Aurora Cannabis can produce nearly six times as much marijuana.And it's not as if Cronos is somehow closer to profitability than any of its rivals. Last quarter's $6.5 million in sales was still tainted by an EBITDA of negative $9.0 million. Scaling up, at least initially, could drag the company even deeper into the red; adding production capacity in order to grow revenue isn't cheap, a key detail too many investors are overlooking. Cronos Stock Has ChallengesCRON stock has been a good performer. In fact, it's been one of the best-performing marijuana stocks since the market went cannabis crazy last year.Put it in context though. Marijuana mania took hold even before Canada officially legalized it for recreational use, which means it took hold before anybody had any inkling of any idea how big the market might become. We still don't know exactly how big the market for legal cannabis is.Speculators knew enough to know they wanted to take a shot.It's not the first time such a prospect has prompted investors to jump in with their eyes wide shut. An army of investors were convinced low-cost 3D printers would revolutionize the manufacturing landscape in 2013, spurring sharp rallies from names like 3D Systems (NYSE:DDD) and Stratasys (NASDAQ:SSYS).That 3D printing revolution never took shape the way it was supposed to, of course, and DDD as well as SSYS are now nowhere near their 2013 peaks. Investors were certain at the time, however, the craze was a "can't miss" kind of phenomenon.It's not unlike the marijuana stock craze we're seeing now. People are making production and earnings claims even before anyone has a reasonable means of evaluating them. When the back-story is exciting enough, traders will fill in the blanks themselves. They usually do so with the most optimistic of numbers, from the most optimistic vantage point.They may look back and realize they've done this with Cronos stock, but with profits to protect, they're certainly not going to point it out. Bottom Line for Cronos StockSo again, I stand by my thesis, even as CRON stock continues to mostly climb.As I suggested above though, I'm not alone. The Motley Fool's Sean Williams noted earlier this month, "Cronos has proved time and again that it is, hands-down, the most overvalued pot stock."Bank of America Merrill Lynch analyst Christopher Carey recently initiated coverage of four marijuana stocks, calling three of them a "Buy" and one of them a "Sell." His "Sell" call was in Cronos stock. Our very own Luke Lango just explained how "the bull thesis for CRON stock still lacks conviction."It's simply an awful lot of doubt surrounding one single stock, mustered by a crowd that's willing to be bullish on all of that stock's peers. It's difficult to say there's not something to it.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post Cronos Stock May Be the Least Trusted Name in Cannabis appeared first on InvestorPlace.
In order to reap benefits of the thriving dental 3D printing market, HP (HPQ) stretches its alliance with SmileDirectClub to develop 3D-printed teeth molds.
ROCK HILL, S.C., May 21, 2019 /PRNewswire/ -- 3D Systems (DDD) today announces two customers – Rodin Cars and Stewart-Haas Racing – that are using the company's plastic and metal 3D printing solutions to dramatically improve speed and performance in their cars. With the help of 3D Systems, Rodin Cars and Stewart-Haas Racing, two industry leaders, can rapidly create durable parts -- including design and prototyping with faster iteration, and production. This approach enables quicker time to implementation, and lower total cost of operation.
ROCK HILL, S.C., May 20, 2019 /PRNewswire/ -- At RAPID+TCT 2019, 3D Systems (DDD) announced June 2019 general availability of Figure 4® Modular as well as five new materials that will roll out over the coming months and will extend the company's production workflows. 3D Systems is the only digital manufacturing solutions company that can provide the depth of expertise, and breadth of technology leadership to address any application -- enabling businesses to reduce costs, increase revenue and remain ahead of the competition like never before. Through collaboration with its customers, 3D Systems continues to innovate, and rethink manufacturing, and the release of Figure 4 Modular and new materials will enable even more applications.
[Editor's note: This story was previously published in April 2019. It has since been updated and republished.]Given their surge over the last few years, tech stocks aren't cheap -- at least when it comes to their actual share prices. Top leaders like Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG, NASDAQ:GOOGL) can be had for north of a grand per share, while even smaller tech stocks like ServiceNow (NASDAQ:NOW) can be had for over $100 per share. And while, as we said before, "price is what you pay, value is what you get," there is something about buying cheap stocks that can result in higher returns.So, if it was possible to combine the potential of tech stocks with the financial advantages of low-priced ones, you'd have very powerful weapon indeed.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy that Lost 10% Last Week Luckily, there are a number of those stocks to buy. These cheap tech stocks can be had for under $15 per share, and many of them have plenty of catalysts to propel them forward. They aren't without risk, but they do have plenty of reward potential. So which of those stocks should you look to buy?Here are five cheap tech stocks to buy for your portfolio. Cheap Tech Stocks to Buy: Fitbit (FIT)Source: Shutterstock Share Price: $5.10It's no surprise that former wearable device superstar Fitbit (NYSE:FIT) is now a low-priced tech stock. The device marker spent much of 2017 and 2018 in freefall as wearable device growth has failed to catch up with lofty expectations. And as fellow InvestorPlace contributor Josh Enomoto has mentioned, the segment has been a victim of the dreaded "C" word -- commoditization.So, why be bullish on the floundering device maker?It comes down to healthcare, health insurance and FIT's low prices for devices.John Handcock made waves last year when it announced that it was no longer underwriting traditional life insurance policies and will only be issuing more dynamic policies tied to a wearable device. Corporate America is getting in on the act as well and has started to offer incentives/breaks on health insurance to employees wearing fitness trackers.For FIT, this could be its opportunity. A low price, a name brand and a huge data set of active users makes it an ideal partner in these instances. With healthcare costs rising, firms and employees are going to be doing everything they can to get insurance premiums lower. Already, sales at FIT seem to be picking up. With tracking requirements becoming the norm, Fitbit could be a major winner.And at just over $5 per share, it's worth that gamble. Glu Mobile (GLUU)Source: Shutterstock Share Price: $8.84One-hundred and twenty-two percent. That's a great yearly return for any stock, yet one that makes mobile games for your smart-phone. But for Glu Mobile (NASDAQ:GLUU), its 2018 return may just be a drop in the bucket. That's because GLUU's turnaround is finally paying off.A few years ago, mobile gaming was super hot -- and then the bottom dropped out. GLUU and its rivals were hit hard. In that downturn, the game developer's management undertook a big turnaround plan. For starters, they focused more on games they fully owned rather than celebrity licensed properties. This allowed them to reap higher margins from in-app purchases and downloads. With bookings rising for these so-called growth games, Glu was actually able to be cash flow positive during the fourth quarter.GLUU was also able to reduce its debt load and build a strong cash balance over the last year.With that, GLUU stock has surged. The best part is that the firm's development pipeline still seems robust, with several potential hits coming over the next few quarters. This includes a new World Wrestling Entertainment (NYSE:WWE) game as well as a title under license from Walt Disney's (NYSE:DIS) Pixar. Moreover, several other games in development are targeted at female gamers -- an underrepresented niche. That gives Glu a potentially huge market all to itself.With the firm now firing on all cylinders and gaming still going strong, the less than $9 per share tech stock seems like a bargain at a P/E of 26. Nokia Oyj (ADR) (NOK)Source: Shutterstock Share Price: $4.95Ask many people what they think about Nokia Oyj (ADR) (NYSE:NOK) and odds are, they will say "washed up." And that may be true to a point -- when it comes to devices. But Nokia still remains one of the most important tech stocks in the entire wireless world. The reason comes down to one letter and one number.I'm talking about 5G.As its handset leadership position was fading, Nokia made two shrewd buyouts: industrial conglomerate Siemens' networking business and the Alcatel-Lucent assets. With those two buys, Nokia became an equipment maker that brings all the data, voice and video to the end users. Who cares about what device it's on?This switch has been wonderful for NOK stock. Current 4G networks aren't cutting it with all the streaming video, mobile commerce and gaming we're now doing on our phones and tablets. Because of that, telecom firms are now spending some big bucks to upgrade their networks. And a lot of it is coming NOK's way.Sales at Nokia continue to rise, clocking in at 5 billion euros last quarter. The bulk of that was networking and 5G hardware.And yet, NOK shares remain a castaway among cheap tech stocks. At under $5 and with a 3.8% dividend yield, it's a good stock to buy. TeleNav (TNAV)Source: Shutterstock Share Price: $7.13Sometimes partnering with a larger firm can boost the fortunes smaller tech stocks. For TeleNav (NASDAQ:TNAV), that means being buddies with Amazon (NASDAQ:AMZN). Amazon has been looking for ways to get its AI voice assistant, Alexa, into more devices and into every American's home. A big push in that is into automobiles. This is where TNAV comes in.TeleNav provides several location-based systems to create a smarter, safer & more personalized user experience for drivers. This includes routing, guidance, positioning and search. The kicker is that TNAV's systems are much more than just your normal GPS. They use AI and voice assistants, allow advertisers and in-car commerce -- such as go-ahead ordering -- and the like. Amazon joined with TNAV in a deal that would make Alexa front and center in its units.What TNAV is really doing is building a portfolio of data that Amazon or other firms could potentially massage and exploit later on. What it gets is a huge platform to build on for future real-time advertising, sales and infotainment options. It's a win-win for TNAV, AMZN and other future partners.The opportunity is huge. And yet, TNAV trades at just around $7 per share. That's a huge bargain for its potential -- even more so when considering that firm continues to grow its revenues like weeds and finally has achieved positive cash flows at the end of last quarter.In the end, this is one tech stock that won't stay low-priced for much longer. As a result, it's a good stock to buy. 3D Systems (DDD)Source: Image via 3D SystemsShare Price: $8.73One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. The ability to create three-dimensional objects out of metals, plastics or even biopolymers is truly exciting. And over the years, 3D printing has gone from a niche hobby to mainstream production. Leading the way has been top tech stock 3D Systems (NYSE:DDD).However, lately, DDD has been a shell of its former self. The former high flyer and triple-digit-priced tech stock can now be had for around $8.75. At that price, 3D may be a big-time buy.For one thing, the firm is growing. Last year, DDD's revenues jumped 6.4% year-over-year to $687.7 million. At the same time, the growth in several key areas allowed 3D to realize a profit. Adjusted earnings per share for all of 2018 came in at 15 cents. That was versus a loss per share of 2 cents recorded in 2017. So, things have gotten a bit better at DDD now that 3D printing has gained significant steam.And the firm has more levers to pull. DDD continues to push harder into healthcare and the dental sector. Prosthetics, implants and braces have the potential to be massive markets for the firm, one that is being tapped just now.For investors, DDD stock's fall from grace has more to do with it simply losing its momentum and fad status. Which means, value hunters can snag shares of this low-priced tech stock for basement-level prices, making it a good stock to buy.At the time of writing, Aaron Levitt was long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 5 Low-Priced, High-Potential Tech Stocks to Buy appeared first on InvestorPlace.
ROCK HILL, S.C., May 16, 2019 /PRNewswire/ -- Attendees of the RAPID+TCT event this year can view 3D Systems' (DDD) digital manufacturing solutions and talk with the company's experts in booth 1227. In addition to the latest Figure 4® configuration, as well as new Figure 4 and selective laser sintering (SLS) material offerings for production solutions, 3D Systems will showcase its unique metal solutions that help manufacturers scale factory productivity. In addition, there will be an opportunity to learn more about 3D Systems' On Demand services which provide customers with options to outsource manufacturing capabilities, or supplement factory capacity.
3D Systems Corporation (NYSE: DDD ) fell far short of Street forecasts in the first quarter. Loss per share of 9 cents missed estimates for a 1-cent loss, and sales of $151.98 million underperformed $164.69 ...
tumbled more than 23% on Wednesday after first-quarter revenue missed analysts' estimates and its quarterly loss was wider than expectations. Analysts in the past week changed the consensus earnings estimate for the second quarter to 1 cent a share from 4 cents share, and cut their sales estimate to $168.5 million from $176.3 million, according to Bloomberg. Canaccord Genuity has a hold rating on the stock and lowered its price target to $10 from $13.
So far it has been a great year for equities. Even after this week's dip from the geopolitical headlines regarding China tariff meetings, stocks are strong in 2019 and we are barely off the all-time highs. But not all stocks are happy about it. Take 3D Systems (NYSE:DDD) for example. DDD stock came into the earnings up only 4%, while the S&P 500 is up 15% year to date.Source: Image via 3D SystemsThis week has been especially brutal for DDD stock. Yesterday it fell 4% ahead of earnings then fell another 15% after hours. Management reported earnings after the market closed and Wall Street hated them.There was not much to celebrate, so the selling is justified. They missed on all metrics, which left the bulls no reason to buy or defend the stock. Earnings fell short of expectations by nine times. This was also a 200% deterioration from last year. Furthermore, they missed sales by 7% and that too was a 38% decline from last year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo clearly the trends are alarming, which is why the stock is reverting to lows. So the question here becomes a matter of finding a floor. Is this dip in DDD stock an opportunity to buy? The safe answer is no.This is not the same as saying short it. It just lacks the catalyst that I need to bet for upside. The only reason it bottoms here is purely based on hope and that is not a strategy I want to employ here. * 10 Great Stocks to Buy on Dips If I already own the shares and haven't sold them yet, then it's perhaps too late to do so on this dip. Maybe it catches the eye of an activist investor or some analyst comes to its defense. But I definitely need someone to show me a reason to expect a rally in 3D Systems stock.Don't label me a hater. I am one who loves the idea of having DDD's technology in my house. In fact, I've been on record saying that eventually, we will all have a 3D printer appliance at home like we do microwaves. I see a day where we buy schematics to print the parts we need instead of buying the parts. Bottom Line on DDD StockBut for now, clearly, DDD needs help figuring out a way to make it a financially viable model and therein lies my hesitation.DDD came into its earnings event up only 4% compared to Stratasys (NASDAQ:SSYS) and ExOne (NASDAQ:XONE ), which are up 38% and 25%, respectively, for the same period. While none of their charts are exciting, for some reason, those two are outperforming the indices this year, while 3D languishes in negative territory after today. This is worse for the 12-month period as DDD is down almost 20% when the other two are up as much or more. In the long run, the whole sector is languishing red which adds to my argument today.Fundamentally, DDD stock sells inline with its competitors from a price-to-sales perspective. So until they become profitable, the lack of sales growth is a critical lid on the stock. It needs to start growing sales and last night's report told the opposite story.3D Systems stock is clearly broken and the company could be broken too. The onus is squarely on management to convince the investors otherwise.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post Avoid 3D Systems Stock Until It Stops Flashing Warning Signs appeared first on InvestorPlace.