3D Systems (DDD) CFO: No 'Bubble' in 3-D Printing, Demand Will Increase as Prices Ebb

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Gabelli Grows Positive on 3D Systems (DDD) Following Recent HQ Visit; Reiterates Buy

March 18, 2013 9:26 AM EDT

Gabelli is growing more bullish on 3D Systems (NYSE: DDD) following a recent meet-and-greet and tour at the company's headquarters with company CFO Damon Gregoire and IR director Stacey Witten. The company started coverage on 3D Systems at Hold and PMV of $33 per share through FY14.

Gabelli highlighted a few key points from the visit:

* Printers will be the largest revenue growth driver; specifically professional printers (ASP $20,000-250,000 and highest gross margins in printers).

* Acquisitions carry higher gross margin of about 80 percent, while also... More