For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of 3D Systems Corp (NYSE: DDD) was $2.25 for the day, up 14.80% from the previous closing price of $1.96. In other words, the price has increased by $14.80 from its previous closing price. On the day, 6.14 million shares were traded.
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 2.23 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 1.62 whereas as Long-Term Debt/Eq ratio is at 1.56.
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 Dec 17 ’24 when GRAVES JEFFREY A bought 60,000 shares for $3.85 per share. The transaction valued at 231,000 led to the insider holds 1,091,782 shares of the business.
HULL CHARLES W sold 115,971 shares of DDD for $447,648 on Dec 17 ’24. The EVP & Chief Technology Officer now owns 331,955 shares after completing the transaction at $3.86 per share. On Dec 17 ’24, another insider, HULL CHARLES W, who serves as the Director of the company, bought 115,971 shares for $3.96 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.73.
Stock Price History:
Over the past 52 weeks, DDD has reached a high of $5.00, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is -3.23%, while the 200-Day Moving Average is calculated to be -23.89%.
Shares Statistics:
A total of 135.51M shares are outstanding, with a floating share count of 130.17M. Insiders hold about 3.97% of the company’s shares, while institutions hold 51.88% stake in the company.
Earnings Estimates
3D Systems Corp (DDD) is presently subject to a detailed evaluation by 4.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.08 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.33 and -$0.51 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.17, with 4.0 analysts recommending between -$0.05 and -$0.26.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $102.91M to a low estimate of $96.8M. As of the current estimate, 3D Systems Corp’s year-ago sales were $102.91MFor the next quarter, 4 analysts are estimating revenue of $103.92M. There is a high estimate of $105.89M for the next quarter, whereas the lowest estimate is $102.6M.
A total of 4 analysts have provided revenue estimates for DDD’s current fiscal year. The highest revenue estimate was $425.77M, while the lowest revenue estimate was $420.51M, resulting in an average revenue estimate of $424.18M. In the same quarter a year ago, actual revenue was $440.12MBased on 4 analysts’ estimates, the company’s revenue will be $446.03M in the next fiscal year. The high estimate is $455M and the low estimate is $436.95M.
