Trading Day Review: 3D Systems Corp (DDD) Loses Momentum, Closing at 2.74

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The price of 3D Systems Corp (NYSE: DDD) closed at $2.74 in the last session, down -1.08% from day before closing price of $2.77. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 2.27 million shares were traded. DDD stock price reached its highest trading level at $2.79 during the session, while it also had its lowest trading level at $2.665.

Ratios:

We take a closer look at DDD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.34 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.26.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:

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 375667680 and an Enterprise Value of 468508256. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 1.055 whereas that against EBITDA is -4.729.

Stock Price History:

The Beta on a monthly basis for DDD is 1.72, which has changed by -0.38426965 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, DDD has reached a high of $5.00, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is -21.63%, while the 200-Day Moving Average is calculated to be -14.45%.

Shares Statistics:

According to the various share statistics, DDD traded on average about 2.66M shares per day over the past 3-months and 3021670 shares per day over the past 10 days. A total of 134.83M shares are outstanding, with a floating share count of 130.64M. Insiders hold about 3.67% of the company’s shares, while institutions hold 53.84% stake in the company. Shares short for DDD as of 1740700800 were 4987656 with a Short Ratio of 1.87, compared to 1738281600 on 5403406. Therefore, it implies a Short% of Shares Outstanding of 4987656 and a Short% of Float of 5.3400002.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The company has 4.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.1 and low estimates of -$0.13.

Analysts are recommending an EPS of between -$0.54 and -$0.56 for the fiscal current year, implying an average EPS of -$0.55. EPS for the following year is -$0.26, with 4.0 analysts recommending between -$0.21 and -$0.3.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $115.17M. It ranges from a high estimate of $115.9M to a low estimate of $114M. As of the current estimate, 3D Systems Corp’s year-ago sales were $114.85MFor the next quarter, 4 analysts are estimating revenue of $104.89M. There is a high estimate of $106.6M for the next quarter, whereas the lowest estimate is $102.69M.

A total of 4 analysts have provided revenue estimates for DDD’s current fiscal year. The highest revenue estimate was $445M, while the lowest revenue estimate was $443.1M, resulting in an average revenue estimate of $444.27M. In the same quarter a year ago, actual revenue was $488.07MBased on 4 analysts’ estimates, the company’s revenue will be $461.91M in the next fiscal year. The high estimate is $476.2M and the low estimate is $454.46M.

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