SSYS

Stratasys Ltd

Industrial/Transportation


Presented:06/19/2018
Price:$20.14
Cap:$1.08B
Current Price:$7.30
Cap:$0.51B

Presented

Date06/19/2018
Price$20.14
Market Cap$1.08B
Ent Value$0.77B
P/E RatioN/A
Book Value$21.01
Div Yield0%
Shares O/S53.66M
Ave Daily Vol668,039
Short Int18.56%

Current

Price$7.30
Market Cap$0.51B
Stratasys Ltd. engages in the provision of additive manufacturing solutions for the production of parts used in the process of designing and manufacturing products for the manufacturer of end parts. Its systems include desktop 3D printers for idea and design development, various systems for rapid prototyping and large production systems for direct digital manufacturing. The company also develops, manufactures and sells materials for use with its systems and provides related service offerings to its customers. Stratasys was founded on March 3, 1998 and is headquartered in Eden Prairie, MN.

Publicly traded companies mentioned herein: 3D Systems Corp (DDD), General Electric Company (GE), HP Inc (HPQ), Stratasys Ltd (SSYS)

Highlights

The presenter is short shares of Stratasys (SSYS), expressing skepticism at Street expectations of a rebound in the 3D printing company’s business. He describes SSYS as having a “non-sustainable first mover advantage” that has been competed away by new entrants. As industry pricing declines and SSYS fails to benefit from new growth trends in the space, its margins should come under pressure. In addition, the recent management shakeup could lead to a reset of guidance, to lower levels. The presenter targets $14 for SSYS shares, based on 7.5x ≤$60MM of fiscal 2019 EBITDA.

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Idea Discussion

Commentor 1 - 2 weeks ago

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