3D Systems (NYSE:DDD) Releases Quarterly Earnings Results, Misses Expectations By $0.10 EPS

3D Systems (NYSE:DDD - Get Free Report) announced its earnings results on Monday. The 3D printing company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.10), Zacks reports. 3D Systems had a negative net margin of 117.65% and a negative return on equity of 26.72%.

3D Systems Price Performance

Shares of DDD traded up $0.21 during mid-day trading on Monday, reaching $2.58. The company had a trading volume of 4,585,739 shares, compared to its average volume of 2,770,241. The company's 50-day moving average is $2.23 and its 200-day moving average is $3.06. The company has a market capitalization of $349.03 million, a P/E ratio of -0.65 and a beta of 1.94. 3D Systems has a twelve month low of $1.71 and a twelve month high of $5.00. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34.

Analyst Upgrades and Downgrades

DDD has been the topic of several recent analyst reports. Needham & Company LLC reissued a "hold" rating on shares of 3D Systems in a research report on Friday, March 28th. Cantor Fitzgerald dropped their target price on 3D Systems from $5.75 to $5.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of 3D Systems in a research report on Saturday. Finally, StockNews.com upgraded 3D Systems from a "sell" rating to a "hold" rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $3.67.

3D Systems Company Profile

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.

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