3D Systems Corporation (DDD - Free Report) recently unveiled a revamped version of its Cimatron software that will help design and manufacture molds, dies and discrete parts. This enhanced product reflects one of the company’s five-pronged long-term strategies of offering an integrated 3D authoring solutions platform, including software, perceptual devices and tools, to maximize growth.
An integral part of 3D Systems’ end-to-end solutions, Cimatron, boasts a loyal customer base and has garnered a solid reputation among clients for optimizing workflow. The recently launched version will significantly maximize productivity and minimize overhead costs in the digital manufacturing workflow. It is also packed with features like new CAD for tooling functionalities, new mold-design applicative tools, plate machining solution, electrode mirroring tools and hybrid design environments, and improved NC programming capabilities and so on.
Cimatron 13 has already been beta tested by a one-source solution provider Bastech. The preliminary results confirm that this software saves 70% on mold design time, 14% on injection cycle time and 16% on mold costs. With intensified competition in tool shops, 3D Systems believes that its latest offering will gain solid traction as it drastically reduces delivery time without compromising on quality.
3D Systems is currently pursuing a growth strategy that essentially focuses on five strategic initiatives. Apart from offering the integrated 3D authoring solutions platform, the other strategies include the expansion of quickparts services, acceleration of 3D printer penetration through channel expansion, introduction of new products and enhancement of 3D printing materials, and offering healthcare solutions applications. We believe that the company’s initiatives coupled with the encouraging 3D printing prospects, which is poised to grow at a compound annual growth rate (CAGR) of 44% from 2014 to 2019 as per a Canalys report, bodes well for the company’s long-term growth.
3D Systems currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Mercury Systems, Inc. (MRCY - Free Report) , Key Tronic Corp. (KTCC - Free Report) and Stratasys Ltd. (SSYS - Free Report) . While Mercury Systems and Key Tronic Corp sport a Zacks Rank #1 (Strong Buy), Stratasys holds a Zacks Rank #2 (Buy).
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
3D Systems Corporation (DDD - Free Report) recently unveiled a revamped version of its Cimatron software that will help design and manufacture molds, dies and discrete parts. This enhanced product reflects one of the company’s five-pronged long-term strategies of offering an integrated 3D authoring solutions platform, including software, perceptual devices and tools, to maximize growth.
An integral part of 3D Systems’ end-to-end solutions, Cimatron, boasts a loyal customer base and has garnered a solid reputation among clients for optimizing workflow. The recently launched version will significantly maximize productivity and minimize overhead costs in the digital manufacturing workflow. It is also packed with features like new CAD for tooling functionalities, new mold-design applicative tools, plate machining solution, electrode mirroring tools and hybrid design environments, and improved NC programming capabilities and so on.
Cimatron 13 has already been beta tested by a one-source solution provider Bastech. The preliminary results confirm that this software saves 70% on mold design time, 14% on injection cycle time and 16% on mold costs. With intensified competition in tool shops, 3D Systems believes that its latest offering will gain solid traction as it drastically reduces delivery time without compromising on quality.
3D Systems is currently pursuing a growth strategy that essentially focuses on five strategic initiatives. Apart from offering the integrated 3D authoring solutions platform, the other strategies include the expansion of quickparts services, acceleration of 3D printer penetration through channel expansion, introduction of new products and enhancement of 3D printing materials, and offering healthcare solutions applications. We believe that the company’s initiatives coupled with the encouraging 3D printing prospects, which is poised to grow at a compound annual growth rate (CAGR) of 44% from 2014 to 2019 as per a Canalys report, bodes well for the company’s long-term growth.
3D Systems currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Mercury Systems, Inc. (MRCY - Free Report) , Key Tronic Corp. (KTCC - Free Report) and Stratasys Ltd. (SSYS - Free Report) . While Mercury Systems and Key Tronic Corp sport a Zacks Rank #1 (Strong Buy), Stratasys holds a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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