Market Overview

Why 3D Printer ExOne Might Have 7% Upside

Why 3D Printer ExOne Might Have 7% Upside
  • ExOne Co (NASDAQ: XONE) shares are down more than 54 percent year-to-date, despite having gained 5.51 percent on September 8.
  • Imperial Capital analyst Saliq Khan initiated coverage of ExOne with an In-Line rating and a price target of $8.
  • ExOne’s attempts to improve its operations and generate more purchase orders by building a customer centric mindset are encouraging and may result in upside, Khan said.

Analyst Saliq Khan mentioned that ExOne is a leading provider of 3D printing machines and products, the sales of which are seasonal in nature. The company reported revenues and adjusted EBITDA of $41 million and ($20) million, respectively, for the year ended June 2015.

ExOne’s management aims to boost the percentage of its revenues from non-machine sales from 56 percent in the last 12 months to 60 percent in the current year. “As ExOne sells more printers, we believe, service contracts, replacement parts and consumables are likely to help generate additional ongoing revenue,” Khan added.

Related Link: Why The Future Of 3D Printing Is In 'Multi-Material Printing'

The company is taking various steps, including increasing production service centers, material development initiatives, deployment of an ERP system, reducing debt and deploying working capital to improve its operations.

Khan believes that ExOne’s focus on getting purchase orders by building a “customer-centric mindset’ could enable the company to increase the adoption of its technology.

Latest Ratings for XONE

Aug 2019MaintainsBuy
Nov 2018MaintainsBuyBuy
Aug 2018MaintainsBuyBuy

View More Analyst Ratings for XONE
View the Latest Analyst Ratings

Posted-In: 3D Printing imperial capital Saliq KhanAnalyst Color Initiation Analyst Ratings Best of Benzinga


Related Articles (XONE)

View Comments and Join the Discussion!

Latest Ratings

WEEDMKM PartnersMaintains30.0
NKTRH.C. WainwrightMaintains32.0
GOODNational SecuritiesInitiates Coverage On25.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Oppenheimer: Buy Netflix Ahead Of Apple Event

Benzinga's Top Downgrades