Analyst Says its Still Early in Adoption of 3D Printing Technology (DDD) (SSYS) (XONE)
Tweet
Share
E-mailGet Alerts SSYS Hot Sheet
Price: $9.98 +0.50%
Rating Summary:
16 Buy, 14 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
16 Buy, 14 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Join SI Premium – FREE
Deutsche Bank reiterated its bullish view on Stratasys Inc. (NASDAQ: SSYS), 3D Systems Corp. (NYSE: DDD), and The ExOne Company (Nasdaq: XONE). Comments follow meeting with the CEO of Arcam, a company that specializes in a powder-bed fusion technology which uses an electron beam.
"Currently, Arcam is the only company using electronic beam melting (EBM) technology, which is a similar technology to selective laser sintering (SLS). Arcam’s machines can build products in titanium metal, and the company is developing additional metal product capabilities including titanium-aluminide. Arcam believes that the installed base of EBM machines is roughly 120 units versus SLS for metal with an installed base of 800 machines," said analyst Sherri Scribner.
"Arcam focuses on end-use parts, specifically in the orthopedic and aerospace markets. In orthopedic, Arcam has implant products approved by both the CE and the FDA, with uses ranging from hip cups, spine cages, and shoulder joints. Arcam believes that roughly 2% of hip cups are currently manufactured using 3D printing technology, which suggests significant upside if the technology is more widely adopted. In aerospace, Arcam is working with a number of companies to develop 3D printed parts based on titanium, with this technology offering the advantage of reducing the weight of the parts. Many of these parts are in early qualifications, which suggests further upside in the aerospace market as parts are qualified and used in aircraft," added the analyst.
In conclusion, Scribner said the presentation highlighted how early we are in the adoption of 3D printing technology.
For an analyst ratings summary and ratings history on Stratasys Inc. click here. For more ratings news on Stratasys Inc. click here.
Shares of Stratasys Inc. closed at $112.69 yesterday.
"Currently, Arcam is the only company using electronic beam melting (EBM) technology, which is a similar technology to selective laser sintering (SLS). Arcam’s machines can build products in titanium metal, and the company is developing additional metal product capabilities including titanium-aluminide. Arcam believes that the installed base of EBM machines is roughly 120 units versus SLS for metal with an installed base of 800 machines," said analyst Sherri Scribner.
"Arcam focuses on end-use parts, specifically in the orthopedic and aerospace markets. In orthopedic, Arcam has implant products approved by both the CE and the FDA, with uses ranging from hip cups, spine cages, and shoulder joints. Arcam believes that roughly 2% of hip cups are currently manufactured using 3D printing technology, which suggests significant upside if the technology is more widely adopted. In aerospace, Arcam is working with a number of companies to develop 3D printed parts based on titanium, with this technology offering the advantage of reducing the weight of the parts. Many of these parts are in early qualifications, which suggests further upside in the aerospace market as parts are qualified and used in aircraft," added the analyst.
In conclusion, Scribner said the presentation highlighted how early we are in the adoption of 3D printing technology.
For an analyst ratings summary and ratings history on Stratasys Inc. click here. For more ratings news on Stratasys Inc. click here.
Shares of Stratasys Inc. closed at $112.69 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- HSBC Downgrades Feng Tay Enterprises (9910:TT) to Hold
- Westamerica Bancorp (WABC) PT Lowered to $50 at Piper Sandler
- Uber Inc. (UBER) PT Raised to $96 at Tigress Financial Partners
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS ViewRelated Entities
Deutsche BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
