3D printing has grabbed a lot of attention recently, and equipment makers 3D Systems, Stratasys Ltd. (NASDAQ: SSYS) and ExOne Co. (NASDAQ: XONE), as well as service provider Proto Labs Inc. (NYSE: PRLB), all trade at forward multiples of around 25 or more. (ExOne just came public and has no earnings so far.)
The consensus estimate for 3D Systems’ 2013 revenues had been $453 million, so today’s announcement from the company should boost that to around $470 million. It would be surprising if the estimate failed to get a bigger boost than that, given the investor spotlight on 3D printing.
Shares of 3D Systems are up 1.2% in early trading this morning, at $35.53 in a 52-week range of $13.93 to $47.99. The 52-week high was set in late January, and the pullback from that high began in earnest following the ExOne initial public offering.
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