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3D Systems Expands MultiJet Printing with ProJet MJP 2500

Premium 3D printing products and service provider 3D Systems DDD recently expanded its MultiJet Printing 3D printers portfolio with the launch of ProJet MJP 2500 Series. Available commercially, the latest line of printers will significantly accelerate engineering workflow of professionals by allowing them to enjoy clean operation and easy post-processing.

Inside the Headlines

Powered by the company’s latest MJP EasyClean System, the ProJet MJP 2500 Series is capable of providing hands-off, chemical-free finishing eliminating the need for waterlines and other disposal considerations. Currently available in two variants, MJP 2500 and the MJP 2500 Plus, these printers are compatible with durable white and black plastic as well as rigid plastics like flexible elastomeric black and elastomeric natural that expands its scope of use.

The printers also provide an “in-office 3D printing” solution that will allow professionals to come up with precision models, prototypes and injection-molded-quality parts seamlessly. Moreover, ProJet MJP 2500 Series printers has been designed to help users quickly test ideas, reduce design cycle, slash development costs, reduce time and waste of reprinting broken parts thereby contributing to the overall development of the end products.

These printers also feature the 3DSPRINT software that offers a comprehensive platform to allow file repair, optimal part positioning and print queue management. 3D Systems’ beta tester Nike has revealed exceptional results for ProJet MJP 2500 which allows them to print complex geometries that were previously unthinkable.

Bottom Line

3D Systems’ recent product launches reflect its strategy to reap synergies from the overall positive sentiment that is currently guiding the 3D printing industry. Infiltration of 3D printing in almost every field ranging from automotive and consumer products to defense and industrial/business machines have reinvigorated fresh interest in this industry after a relatively gloomy 2015 which saw a deterioration in major 3D printing stocks. Going forward, 3D Systems expects its innovative portfolio to drive over 30% organic growth in the next couple of years, thereby enhancing its margins and earnings.

Encouragingly, over the past 30 days, three estimates moved higher for 3D Systems while earnings projections improved constructively, with estimates narrowing from a loss of 5 cents a share 30 days ago, to a loss of 1 penny today, a move of 80%. 3D Systems’ impressive recovery has struck a cord with investors with the stock gaining 24% last month. As a matter of fact, 3D Systems bounced back on an earnings surprise recorded in fourth-quarter 2015 after two consecutive misses in the trailing quarters. Meanwhile, we expect the favorable industry trends to help 3D Systems sustain its growth trajectory.

3D Systems currently holds a Zacks Rank #2 (Buy). Other favorably ranked stocks in the industry are Stratasys Ltd. SSYS, Identiv, Inc. INVE and Lenovo Group Limited LNVGY. While Stratasys sports a Zacks Rank #1 (Strong Buy), Identiv and Lenovo carry the same Zacks Rank as 3D Systems.

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LENOVO GRP LTD (LNVGY): Free Stock Analysis Report
 
STRATASYS LTD (SSYS): Free Stock Analysis Report
 
3D SYSTEMS CORP (DDD): Free Stock Analysis Report
 
IDENTIV INC (INVE): Free Stock Analysis Report
 
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