3D Systems Corp. (DDD) Stocks Experience Steady decrease to Close at $3.53

3D Systems Corp. (NYSE: DDD) closed the day trading at $3.53 down -4.59% from the previous closing price of $3.70. On the day, 3429745 shares were traded.

Ratios:

For a better understanding of DDD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.90.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on February 13, 2024, initiated with a Overweight rating and assigned the stock a target price of $8.50.

On August 17, 2022, Credit Suisse started tracking the stock assigning a Underperform rating and target price of $8.

Lake Street reiterated its Buy rating for the stock on March 01, 2022, while the target price for the stock was revised from $36 to $29.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 28 ’23 when ERICKSON THOMAS W bought 50,000 shares for $5.30 per share. The transaction valued at 265,000 led to the insider holds 257,294 shares of the business.

ERICKSON THOMAS W bought 50,000 shares of DDD for $228,400 on Nov 21 ’23. The Director now owns 207,294 shares after completing the transaction at $4.57 per share. On May 31 ’23, another insider, Puthenveetil Reji, who serves as the EVP, Industrial Solutions of the company, sold 18,434 shares for $8.00 each. As a result, the insider received 147,450 and left with 206,982 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 1.13.

Stock Price History:

Over the past 52 weeks, DDD has reached a high of $11.09, while it has fallen to a 52-week low of $3.50.

Shares Statistics:

A total of 133.62M shares are outstanding, with a floating share count of 129.21M. Insiders hold about 3.17% of the company’s shares, while institutions hold 64.44% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from PDD Holdings Inc. analysts. The consensus estimate for the next quarter is $3.53, with high estimates of $402.11 and low estimates of $73.44.

Analysts are recommending an EPS of between $Consumer Cyclical and $Basic Materials for the fiscal current year, implying an average EPS of $Technology.

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