|Bid||6.85 x 4000|
|Ask||6.86 x 900|
|Day's Range||6.78 - 7.01|
|52 Week Range||6.47 - 21.78|
|Beta (3Y Monthly)||2.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.25|
ROCK HILL, S.C., Aug. 19, 2019 /PRNewswire/ -- 3D Systems (DDD) announced today that finance leader Todd A. Booth will join the company as Executive Vice President and Chief Financial Officer, effective September 3. DDD) announced on August 19, 2019, that finance leader Todd A. Booth will join the company as Executive Vice President and Chief Financial Officer, effective September 3.
3D Systems' (DDD) second-quarter results are hurt by shipment timing and bleakness in the automotive sector. However, its cost-controlling efforts are a positive on the bottom line.
ROCK HILL, S.C. and SCHAFFHAUSEN, Switzerland, Aug. 8, 2019 /PRNewswire/ -- 3D Systems (DDD) and GF Machining Solutions, a division of Georg Fischer AG (FI/N:SIX Swiss Ex), today announced an expanded partnership in the Greater China region that will enable customers in the world's leading manufacturing region to enhance their metal parts production and redefine their manufacturing environments. By combining the strength of 3D Systems' innovation and expertise in additive manufacturing with GF Machining Solutions' renowned leadership in precision machining and industrial automation, manufacturers will now be able to more efficiently produce complex metal parts within tight tolerances, and reduce total cost of operation.
3D Systems (DDD) delivered earnings and revenue surprises of 100.00% and -2.76%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
ROCK HILL, S.C., Aug. 07, 2019 -- 3D Systems Corporation (NYSE: DDD) announced today its financial results for the second quarter ended June 30, 2019. For the second quarter.
On Wednesday, August 7, 3D Systems (NYSE: DDD ) will release its latest earnings report. Check out Benzinga's preview to understand the implications. Earnings and Revenue 3D Systems's per-share loss will ...
Beyond Meat (NASDAQ: BYND) stock tanked more than 12% on Tuesday after the company reported a mixed second quarter. Beyond Meat stock is a prime example of an investment where investors need to keep the stock and the company separated in their minds.Source: Shutterstock From a fundamental perspective, the second-quarter numbers and the company's secondary stock offering are good news. Traders are already blaming the secondary offering news for this week's sell-off. But in all likelihood, there was absolutely nothing Beyond Meat could have reported or said this week that would have triggered more buying of the stock.Despite the sell-off, I believe the BYND earnings numbers, guidance and even the secondary offering are all good news for Beyond Meat the company. But let's be real; Beyond Meat stock is still insanely overpriced.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Stocks to Invest in for August The OfferingEveryone who cares about BYND stock has already read the earnings report, so I won't go into details there. In a nutshell, Beyond Meat had a larger-than-expected loss but beat revenue expectations significantly, but Beyond Meat is a pure growth stock at this point. The only number that actually matters is 287% sales growth. As far as the company is concerned, it was an impressive quarter.Investors who are toting pitch forks over the offering should chill. Yes, insiders are dumping the stock. Yes, they are making a killing. But if the company had not issued this offering, these same insiders likely would have just dumped their shares as soon as Beyond Meat's lockup period expires at the end of October. Instead, they found a way to get a better price. Good for them.The better news is that the company itself issued 250,000 of the 3.25 million shares of the secondary offering. That's 250,000 shares times a $200 or so market price, or about $50 million in cash raised. Yes, it's dilution. But that same $50 million would have cost the company 2 million shares of dilution at the IPO price. It's actually a genius move on behalf of management. Beyond Meat Versus BYND StockThat math takes me to my main point. Beyond Meat investors, be honest with yourselves for a minute. If you bought the stock during or shortly after the IPO at $25, did you think the stock would be at $100 three months later? Did you think it would be at $150? What about $240?These prices have no connection to reality. Beyond Meat hired professional Wall Street investment banks to underwrite its IPO just three months ago. Do you think they did their due diligence and then underestimated the value of the company by nearly 90%? If that were the case, none of those underwriters would be hired ever again.The reality of the situation is that regardless of what you think about Beyond Meat the company, Beyond Meat stock is a joke at or near $200. The stock is the latest fad on Wall Street, like 3D Systems (NYSE: DDD) or Tesla (NASDAQ: TSLA) in 2014 or Crocs (NASDAQ: CROX) in 2007.DayTraderPro founder Guy Gentile has another appropriate analogy."It's kind of like bitcoin at $20,000. Once you've sucked in all the retail, there's nothing left to buy at that point," Gentile says.When stocks become trendy, there's no stopping them. Mix in a relatively low float and essentially zero shares for short sellers to borrow, and you have a recipe for a market bubble.The irony is that Beyond Meat has had an exceptional couple of months from a fundamental perspective, including deals with Dunkin Brands (NASDAQ: DNKN) and Del Taco. Unfortunately, despite the company's fundamental success, the stock has become untouchable at this point. Realistic Valuation for Beyond Meat StockAs I said, Beyond Meat has had a great couple of months since its IPO. So where should the stock be trading? It's difficult to value relatively early-stage growth stocks like Beyond Meat. But I'd tend to defer to professional underwriters.Is Beyond Meat worth twice as much as the underwriters valued it three months ago? Quite possibly given all the recent deal announcements and the impressive second-quarter numbers. Is it worth three times as much as the underwriters valued it? Maybe?Assuming the underwriters' valuation of BYND stock was off by 200%, the company's share price would be $75. That price would still put IPO investors up an impressive 200% in just three months."I'm trading in the short-term, but long-term I think the stock goes under $100 by December," Gentile says.I agree with the target, if not the time frame. Unfortunately, sometimes stocks simply become toxic due to market conditions and irrational investor sentiment. BYND stock is now toxic no matter how you feel about Beyond Meat's fundamental long-term outlook. The best-case scenario may be that BYND stock drifts mostly sideways for several years while the company grows into its absurd market cap.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy With Over 20% Upside From Current Levels * The 10 Best Stocks to Invest in for August * 6 Upcoming IPOs for August The post Beyond Meat Stock Is in for Another Couple of Brutal Months appeared first on InvestorPlace.
3D Systems (DDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
[Editor's note: This story was previously published in May 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. Fitbit (FIT)Share Price: $4.35It'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.Source: Shutterstock 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 $4 per share, it's worth that gamble. Glu Mobile (GLUU)Share Price: $7.68One-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.Source: Shutterstock A few years ago, mobile gaming was super hot; 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 of 2018. Its Q1 earnings are set for Aug.1.GLUU was also able to reduce its debt load and build a strong cash balance over the last year. * 7 Oversold Stocks To Buy Right Now 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. Nokia (NOK)Share Price: $5.72Ask many people what they think about Nokia (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.Source: Shutterstock 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)Share Price: $9.19Sometimes 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.Source: Shutterstock 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. * 7 Stocks to Sell This Summer Earnings Season 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)Share Price: $9.07One 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).Source: Image via 3D SystemsHowever, 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. This 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 The post 5 Low-Priced, High-Potential Tech Stocks to Buy appeared first on InvestorPlace.
ROCK HILL, S.C., July 11, 2019 /PRNewswire/ -- 3D Systems (DDD) today announced it has been awarded a $15 million contract by the Combat Capabilities Development Command Army Research Laboratory, also known as ARL, to create the world's largest, fastest, most precise metal 3D printer. This printer will revolutionize key supply chains associated with long-range munitions, next-generation combat vehicles, helicopters, and air and missile defense capabilities. 3D Systems and the National Center for Manufacturing Sciences (NCMS) were awarded funding to create this revolutionary printer and will partner with ARL and the Advanced Manufacturing, Materials, and Processes (AMMP) Program to advance the leadership and innovation of the world's strongest military.
As of the end of last year, the Cash App mobile payment app from Square (NYSE:SQ) caught up with the Paypal Holdings (NASDAQ:PYPL) rival app Venmo in terms of active users.Source: Chris Harrison via Flickr (Modified)Since then, Instinet analysts Dan Dolev and Conan Leon have seen Square's Cash App move ahead of PayPal's platform. As of June, they measure 56.1 million people using Square's tool on a regular basis, 6.4 million than the headcount of Venmo's user base.It's not a reason in and of itself to step into SQ stock, or shed PayPal shares if you own them. Indeed, it's only an anecdotal data nugget one would expect regarding a relatively young newcomer aiming to take a bite out of an established company's market share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks for 2019: A Volatile First Half On the other hand, perhaps it's a glimpse of a paradigm shift that will eventually, decidedly favor Square stock over shares of its chief competitor. Square Stock Is for RealPhilosophically-driven investing can be a dangerous game to play.The advent of affordable 3D printers in 2012, in step with the a renewed affinity for cottage businesses, drew investors into names like 3D Systems (NYSE:DDD) and Stratasys (NASDAQ:SSYS), only to burn them. As it turns out, setting up a profitable manufacturing business in your garage isn't as easy as it presumed.Wearables was another mania that failed to live up to the hype. Fitbit (NYSE:FIT) could do wrong until shortly after its June-2015 IPO. Since August of that year Fitbit could do nothing right. It's down more than 90% from its peak, and once again knocking on the door of new record lows.The slow shift to a cashless society and the continued preference for living digitally-mobile lives, however, isn't hype. It's an inevitable future.There's room for more than one player in that future, but it's a future that favors SQ stock for one overarching reason: PayPal is a first-generation web company, and we're now into the web's second act.Leading the charge now is the demographic that's never known a world without the web, and a group of consumers that's enormously familiar (and in love) with the mobile devices.It matters. PayPal, Venmo and Square StockPayPal has been around, incredibly enough, since 1998, which is roughly around the time ecommerce sites like Amazon.com (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) cultivated a need for online payment solutions. That's largely why most consumers over the age of 40 are familiar with the middleman's name; they've likely used it.Unfortunately, PayPal has at least been found somewhat guilty by association. Younger consumers, who are starting to enter their high-earnings years, specifically don't want what their parents had.Case in point: Younger Facebook (NASDAQ:FB) users made their way in droves to alternatives when they started finding their parents had invaded their digital social circle.Many of them have spent the better part of their adult lives hearing about and even using social networking, expressing every thought presumed worth sharing.Square's Cash App facilitates more of that all-important text-based communication when sending or receiving money. The app continues to satisfy the new norm for constant contact.To its credit, PayPal's Venmo has kept PayPal relevant by adding a similar messaging option to its peer-to-peer money-transfer platform.Clearly owners and heavy users of mobile devices though, who are more likely than not to be younger than not, are more compelled by Venmo.The new-era differentiation doesn't quite end there, however.PayPal has since followed suit, but it was noteworthy that Square was the first to do what was once unthinkable. That is, establish a means of offering small business loans.It's a step toward fully serving underbanked and even unbanked consumers, which is a decision less and less prompted by modest incomes.A World Economic Forum poll conducted last year found that only 45.3% of the sub-30 generation believes banks are fair and honest. They're more trusting of technology, which in this case is a nod to fintech.PayPal may be struggling to shake off the image that it's somehow closely linked to established banks, even if that assumption isn't quite on-target. At its inception, a bank account was still necessary to deposit and withdraw funds.The clincher? Blockchain. Last month, Square added Bitcoin deposits as an option for Cash App users.Millennials are far more willing to utilize a non-fiat currency, and they soon will be displacing their parents as the target market of choice. Bottom Line for Square StockIt can't be overstated that this shift is so big and moving so slowly, it might be impossible to gauge. It took years for mobile phones to become the norm and make landlines the oddity. Though electric cars are the inevitable future, their availability for years hasn't even made a dent in the combustion-driven vehicle's dominance.The differences between PayPal, and even Venmo, and Square's Cash App are very nuanced, and the two companies are sure to slug it out for the full 15 rounds.This is a match the young lion is going to win over the old lion though, even if for purely generational and cultural reasons.Square stock is shaping up as the better play here, even if it's going to take years to realize it.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on College Students' Radars * 7 Retail Stocks to Buy for the Second Half of 2019 * The S&P 500's 5 Best Highest-Yielding Dividend Stocks The post Square Stock Is the Best Bet for the Next-Era of Tech appeared first on InvestorPlace.
ROCK HILL, S.C., July 09, 2019 (GLOBE NEWSWIRE) -- 3D Systems (DDD) announced today it plans to hold a conference call and simultaneous webcast to discuss its financial results for the second quarter and first six months of 2019 on Wednesday, August 7, 2019, at 4:30 p.m. Eastern Time. The company plans to release these financial results and file its Form 10-Q on August 7, 2019.
Move over, Dickens, the 2019 stock market is telling the tale of two 3D printing companies, as Stratasys shines and 3D Systems sinks.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of March. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
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.