STRATASYS LTD at the Forefront of Booming 3D Printing Filament Industry Through 2029
December 12, 2023
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STRATASYS LTD ($NASDAQ:SSYS), a leader in the 3D printing space, is positioning itself to take advantage of the expected surge in the 3D printing filament market between 2023 and 2029. STRATASYS LTD is well-positioned to take advantage of this growth. With its unique expertise in the 3D printing space, STRATASYS LTD is well-positioned to help customers create innovative products that are precise, efficient, and cost-effective. The company has developed a range of 3D printing filaments that are capable of producing high-quality parts with great dimensional accuracy and surface finish. The company’s 3D printing materials are designed to be used in a variety of applications, from prototyping to end-use parts for various industries. As the global 3D printing filament market continues to grow, STRATASYS LTD is working hard to stay ahead of the curve. The company is focusing on research and development to create innovative materials with improved performance characteristics, while also expanding its portfolio of 3D printing materials for different applications.
In addition, STRATASYS LTD is investing in customer service and support to ensure that customers can make the most out of their 3D printing experience.
Share Price
On Friday, the company’s stock opened at $11.0 and closed at $12.0, representing a rise of 8.2% from its previous closing price of 11.0. This surge in stock price reflects investor confidence in the company’s ability to remain a leader in this rapidly growing industry. The company has developed a range of filament materials that are being used for prototyping, modeling, and manufacturing applications across many industries, including medical, automotive, aerospace, consumer products, and more.
Further, the company is expanding its production capacity to meet the increasing demand for 3D printing filaments, positioning it to benefit from this booming industry for years to come. The company’s increased stock value reflects the strong potential of this promising industry over the next decade. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Stratasys Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 630.52 | -110.51 | -17.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Stratasys Ltd. More…
| Operations | Investing | Financing |
| -72.03 | 27.62 | -2.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Stratasys Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.18k | 298.62 | 12.77 |
Key Ratios Snapshot
Some of the financial key ratios for Stratasys Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.4% | – | -14.5% |
| FCF Margin | ROE | ROA |
| -13.4% | -6.3% | -4.8% |
Analysis
GoodWhale has conducted an analysis of STRATASYS LTD‘s wellbeing, and on the basis of its Star Chart, STRATASYS LTD has been classified as an ‘elephant’ company – one which is rich in assets after deducting liabilities. Such a company would be attractive to investors who are looking for long-term investments and are not focused primarily on quick returns. STRATASYS LTD has a strong asset base, but is weaker in terms of dividend, growth, and profitability. Its health score is 6/10, indicating that it is likely to be able to pay off debt and fund future operations. Despite its weaknesses, it still has potential for growth and investors should be aware of this. More…
Peers
The company’s products are used in a variety of industries, including aerospace, automotive, healthcare, and consumer products. Stratasys Ltd has a wide range of competitors, including WEP Solutions Ltd, MGI Digital Graphic Technology SA, and HiTi Digital Inc.
– WEP Solutions Ltd ($BSE:532373)
WEP Solutions Ltd is an information technology company that provides a range of services, including software development, enterprise resource planning, and cloud computing. The company has a market cap of 839.61M as of 2022 and a Return on Equity of 6.32%.
– MGI Digital Graphic Technology SA ($OTCPK:FRIIF)
MGI Digital Graphic Technology SA is a Swiss manufacturer of digital printing and finishing solutions for the graphic arts industry. The company has a market capitalization of 184.68 million as of 2022 and a return on equity of 4.79%. MGI Digital Graphic Technology SA designs, manufactures, and markets a range of digital printing and finishing solutions, including printers, print heads, inks, and software. The company’s products are used in a variety of applications, such as signage, packaging, labels, and commercial printing.
– HiTi Digital Inc ($TWSE:3494)
HiTi Digital Inc is a publicly traded company with a market cap of 1B as of 2022. The company has a Return on Equity of -23.92%. HiTi Digital Inc is engaged in the business of digital textile printing, photo printing, and ID card printing.
Summary
STRATASYS LTD is a leading 3D printing technology company that is benefiting from the booming 3D printing filament industry. Since the industry is expected to grow rapidly over the next several years, investors may want to consider purchasing shares of STRATASYS LTD. Stock prices have been steadily increasing in recent weeks, suggesting a positive outlook for the company’s future prospects.
Investors should also consider that this company has an established customer base, a wide array of products, and a strong focus on research and development. With these factors in mind, investors may wish to assess the potential benefits of investing in STRATASYS LTD.
