3D Printers are Hot on the Stock Exchange
3D Printers are transforming 3D CGI models such as 3D movies props in true real-life 3D objects you can handle. 3D Printers are hot in more than one way these times as we can see by looking at the DDD stock value.
3D Systems's stock (NYS: DDD) was (and stays) strong with a market capitalisation above 2,000,000,000 USD. A DDD share is actually worth more than 40$, almost three times its value on January 1st, 2012. Analyst ratings are on the "Buy" side of the balance now and DailyFinance calls its performance "a corporate home run". Check today's value here.
The Company through subsidiaries designs, develops, manufactures, markets and services rapid 3-D printing, prototyping and manufacturing systems and related products and materials. Virtual CGI objects from various 3D CAD software are easily converted to a format suitable to 3D printing with 3D Systems' own software called Alibre Exchange and Sycode.
Visit the 3D Systems web site for more info on their personal and professional ranges of 3D printers.
What is Behind the Value
In the second quarter, 3D Systems' net income seemed to be stagnant, but that is certainly not the case this quarter. Non-GAAP net income came in at $18.2 million, a 31% sequential improvement over the second quarter's non-GAAP results and a doubling from the year-ago quarter. Unadjusted net income rose to $13.5 million (+63%). The company's net margin improved from 15.8% last year to 20.1% this year on a non-GAAP basis, which is an impressive increase. 3D Systems' GAAP net margin was 14.9% in the most recent quarter, compared to 12.5% in the year-ago quarter.