NEW YORK, March 26, 2015 /PRNewswire/ -- Voxeljet AG (NYSEMKT: VJET) provides three-dimensional (3-D) printers and on-demand parts services to industrial and commercial customers. Its 3-D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets. The company operates in two segments, Systems and Services. The Systems segment focuses on the production, development, and sale of 3-D printers. It also offers consumables, including particulate materials and proprietary chemical binding agents, maintenance contracts, and spare parts. The Services segment prints on-demand parts for its customers, as well as creates parts, molds, cores, and models using 3-D computer-aided design at its service center. Voxeljet AG serves automotive, aerospace, film and entertainment, art and architecture, engineering, and consumer product end markets through its direct sales force and a network of sales agents in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company was founded in 1999 and is headquartered in Friedberg, Germany.
VJET stock has been losing most of its value within the last 12 months, dropping from its peak of $25.90 on June 1st, 2014 to $7.63 on March 24th, 2015.
3-D printing stocks attracted short-selling investors at the beginning of February, reflecting a negative outlook for the industry. Starting from March, short-selling investors start bailing out of those stocks to realize profits despite the fact that those share prices keep diving.
The Company is scheduled to release its fourth quarter and full year 2014 earnings on Thursday at 5:00pm through webcast. Average analyst estimate for fourth quarter earnings per share is negative €0.05, with a high of negative 0.02 and low of negative 0.17.
For further details, including analyst recommendation please read our full report at:
http://bit.ly/-VJET-AnalystReport
Copy and paste to browser may be required.
This report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this report have not been compensated in any form. A full disclaimer can be found by viewing the full analyst report.
FORWARD-LOOKING DISCLAIMER
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Stella Nguyen, CFA Candidate. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pre-earnings-voxeljet-ag-analyst-report-by-iew-research-issued-by-brokerbank-securities-inc-300056392.html
SOURCE BrokerBank Securities, Inc.
