On Friday, the industry rallied as 3D Systems announced the launch of its affordable, consumer-focused 3D scanner Sense. Moderately-priced at $399 compared to $1,400 for Stratasys’ Digitizer, Sense gave a glimpse of how the emerging technology can be marketed to the average consumer.
Highlights from the analysis by TheStreet Ratings Team goes as follows:
The revenue growth greatly exceeded the industry average of 2.9%. Since the same quarter one year prior, revenues rose by 49.9%. This growth in revenue appears to have trickled down to the company’s bottom line, improving the earnings per share.
DDD’s debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 4.40, which clearly demonstrates the ability to cover short-term cash needs.
3D Systems Corp has improved earnings per share by 6.3% in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. We anticipate these figures will begin to experience more growth in the coming year. During the past fiscal year, 3D Systems Corp increased its bottom line by earning 47 cents a share vs. 47 cents a share in the prior year. This year, the market expects an improvement in earnings (97 cents vs. 47 cents).
The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Computers & Peripherals industry average. The net income increased by 30.6% when compared to the same quarter one year prior, rising from $13.52 million to $17.66 million.
Net operating cash flow has increased to $31.64 million or 39.8% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 6.99%.
3D Systems seems to have gained another $1 billion in the last weeks. The 3D Printing Market is on fire!