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The closing price of 3D Systems Corp. (NYSE: DDD) was $3.45 for the day, up 0.58% from the previous closing price of $3.43. In other words, the price has increased by $0.58 from its previous closing price. On the day, 0.83 million shares were traded. DDD stock price reached its highest trading level at $3.5358 during the session, while it also had its lowest trading level at $3.43.
Ratios:
Our analysis of DDD’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DDD now has a Market Capitalization of 460985568 and an Enterprise Value of 517541536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.06 whereas that against EBITDA is -7.729.
Stock Price History:
The Beta on a monthly basis for DDD is 1.81, which has changed by -0.6153846 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, DDD has reached a high of $11.09, while it has fallen to a 52-week low of $3.32. The 50-Day Moving Average of the stock is -20.08%, while the 200-Day Moving Average is calculated to be -35.35%.
Shares Statistics:
DDD traded an average of 1.66M shares per day over the past three months and 1313770 shares per day over the past ten days. A total of 133.62M shares are outstanding, with a floating share count of 129.29M. Insiders hold about 3.11% of the company’s shares, while institutions hold 65.20% stake in the company. Shares short for DDD as of 1713139200 were 9522881 with a Short Ratio of 5.74, compared to 1710460800 on 9349920. Therefore, it implies a Short% of Shares Outstanding of 9522881 and a Short% of Float of 10.2.
Earnings Estimates
3D Systems Corp. (DDD) is presently subject to a detailed evaluation by 6.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.11, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.09 and -$0.2 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is $0.0, with 5.0 analysts recommending between $0.04 and -$0.04.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $109.68M to a low estimate of $106.81M. As of the current estimate, 3D Systems Corp.’s year-ago sales were $128.02MFor the next quarter, 6 analysts are estimating revenue of $117.39M. There is a high estimate of $120.34M for the next quarter, whereas the lowest estimate is $113.22M.
A total of 6 analysts have provided revenue estimates for DDD’s current fiscal year. The highest revenue estimate was $490M, while the lowest revenue estimate was $475.32M, resulting in an average revenue estimate of $481.61M. In the same quarter a year ago, actual revenue was $488.07MBased on 5 analysts’ estimates, the company’s revenue will be $515.09M in the next fiscal year. The high estimate is $534M and the low estimate is $485M.
