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Sunday, June 23, 2013
3D Printing has finally arrived
DDD | Wed, Jun 19
William Blair's Brian Drab provides a fairly positive take on 3D Systems' (DDD -2.4%) recent analyst day, but nonetheless reiterates an Underperform on account of valuation. Drab observes 3D's management talked up the expansion of its healthcare offerings (specialized/personalized products) and Quickparts on-demand parts service (new markets/geographies), and hinted price points for Cube desktop printers could fall below $1K and (in 12-18 months) $500. But with shares trading at 46x 2013E EPS, Drab considers expectations too high. (analyst day slides)
Link: http://seekingalpha.com/currents/post/1094492?source=android_share
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Labels:
3D Printing,
DDD
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