|Bid||0.0000 x 800|
|Ask||1.9300 x 4000|
|Day's Range||1.7900 - 1.9100|
|52 Week Range||1.1300 - 3.6500|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 07, 2023 - Aug 11, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.50|
Stratasys Ltd said on Thursday that it had received an unsolicited buyout proposal from rival 3D Systems Corp, valuing the industrial 3D printer at about $1.21 billion. 3D Systems proposal could trigger a bidding war for the company, which has rejected multiple takeover offers from shareholder Nano Dimension Ltd as it looks to merge with Desktop Metal Inc in a $1.8 billion stock deal. 3D Systems has proposed to acquire Stratasys for $7.50 in cash and 1.2507 of its newly issued stock for each share of the target company, which translates to $17.92 on a per-share basis.
MINNEAPOLIS & REHOVOT, Israel, June 01, 2023--Stratasys Ltd. (Nasdaq: SSYS) ("Stratasys" or the "Company"), a leader in polymer 3D printing solutions, today announced that it has received an unsolicited non-binding indicative proposal from 3D Systems Corporation (NYSE: DDD) ("3D Systems") to acquire Stratasys for $7.50 in cash and 1.2507 newly issued shares of common stock of 3D Systems per ordinary share of Stratasys.
Investors’ Call on Tuesday, May 30th, 2023 at 9:00 a.m. EDT The Company Will Address the Merits of the $18.00 Offer That Delivers Certain All-Cash Value At a Premium The Company Will Also Address the Issues with the Stratasys-Desktop Metal Deal Waltham, Mass, May 30, 2023 (GLOBE NEWSWIRE) -- As previously announced, Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “NANO” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal
BOSTON, May 30, 2023--The Board of Directors of Desktop Metal, Inc. (NYSE: DM) ("Desktop Metal" or the "Company") announced that it adopted a limited duration shareholder rights plan on May 26, 2023, which is scheduled to expire on the earlier of (i) July 24, 2024 and (ii) the effective date of the merger announced yesterday contemplated between the Company and Stratasys Ltd. (Nasdaq: SSYS) ("Stratasys").
Last week, investors applauded 3D printer maker Stratasys' (NASDAQ: SSYS) announcement of an apparently impressive quarter in which the company seemed to earn a $0.02 per share profit, when investors had expected a loss (which indeed happened). A few days ago, I explained why investors who bid up Stratasys stock 10% on the news were making a mistake, and why Stratasys' business isn't going as great as it appears. As of 10:50 a.m. ET today, Stratasys stock is up 0.5%, and Desktop Metal is up 2.9%.
Here is how Assa Abloy AB (ASAZY) and Desktop Metal, Inc. (DM) have performed compared to their sector so far this year.
The transaction comes after Stratasys rejected multiple takeover offers from Nano Dimension Ltd, its largest shareholder with a 14.2% stake. Nano on Thursday launched a hostile $18.00 per share all-cash offer to boost its stake in Stratasys to between 53% and 55%. Stratasys said it will "carefully review and evaluate" the unsolicited special tender offer and intends to advise its shareholders of the board's stance within 10 business days.
MINNEAPOLIS & REHOVOT, Israel & BOSTON, May 25, 2023--Stratasys Ltd. (Nasdaq: SSYS) ("Stratasys") and Desktop Metal, Inc. (NYSE: DM) ("Desktop Metal") today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. The transaction unites the polymer strengths of Stratasys with the complementary industrial mass production leadership of Desktop Metal’s brands, creating an additive manufacturing
(Bloomberg) -- Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDe
The analysts might have been a bit too bullish on Desktop Metal, Inc. ( NYSE:DM ), given that the company fell short of...
Desktop Metal, Inc. (DM) delivered earnings and revenue surprises of 0% and 13.84%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
BOSTON, May 10, 2023--DM recognizes revenue of $41.3 million, with a growing number of repeat purchases from customers with multi-machine fleets of AM 2.0 systems.
Cadre Holdings, Inc. (CDRE) delivered earnings and revenue surprises of 18.75% and 1.32%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Key Insights Significant control over Desktop Metal by individual investors implies that the general public has more...
Desktop Metal, Inc.'s ( NYSE:DM ) price-to-sales (or "P/S") ratio of 3.4x may not look like an appealing investment...
BOSTON, April 13, 2023--Desktop Metal subsidiary received Additive Manufacturing certification from DNV for both binder jetting and laser powder bed fusion technologies.
Here is how Constellium (CSTM) and Desktop Metal, Inc. (DM) have performed compared to their sector so far this year.
BOSTON, April 06, 2023--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended March 31, 2023 after the market closes on Wednesday, May 10, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com.
BOSTON, April 04, 2023--Desktop Metal is intensifying its focus on offering technical ceramics and cermets for its binder jet 3D printer systems because of increasing demand.
Here is how Desktop Metal, Inc. (DM) and Energy Recovery (ERII) have performed compared to their sector so far this year.
BOSTON, March 15, 2023--Copper alloy C18150 is now qualified for binder jet 3D printing on the Desktop Metal Production System™ as part of an automotive production project.
BOSTON, March 15, 2023--Desktop Metal, in collaboration with Detroit-based TriTech Titanium Parts, announced that Ti64 has been customer-qualified on the Production System™.
BOSTON, March 15, 2023--Desktop Metal, in partnership with CETIM, has qualified 304L for binder jet 3D printing on the Shop System — simplifying production of complex parts.
BOSTON, March 06, 2023--Desktop Metal introduces Live Suite — a new package of powerful end-to-end software programs for Additive Manufacturing 2.0 across Team DM brands.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Desktop Metal fair value estimate is US$2.74 Desktop Metal's...