Q1 Earnings Forecast for 3D Systems Issued By Zacks Research

3D Systems Co. (NYSE:DDD - Free Report) - Equities researchers at Zacks Research issued their Q1 2027 EPS estimates for 3D Systems in a research report issued on Monday, May 26th. Zacks Research analyst A. Ganguly expects that the 3D printing company will post earnings of ($0.04) per share for the quarter. The consensus estimate for 3D Systems' current full-year earnings is ($0.73) per share.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen raised 3D Systems from a "sell" rating to a "hold" rating in a research note on Wednesday, May 21st. Cantor Fitzgerald decreased their target price on 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research report on Wednesday, May 14th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of 3D Systems in a research note on Saturday, May 24th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $3.67.

3D Systems Trading Down 2.3%

DDD traded down $0.04 during trading on Thursday, reaching $1.52. 2,525,723 shares of the company's stock were exchanged, compared to its average volume of 2,967,967. The company's fifty day moving average price is $1.92 and its 200-day moving average price is $2.89. The firm has a market capitalization of $206.67 million, a PE ratio of -0.38 and a beta of 1.94. 3D Systems has a fifty-two week low of $1.49 and a fifty-two week high of $5.00. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DDD. CWM LLC increased its holdings in shares of 3D Systems by 703.1% in the first quarter. CWM LLC now owns 12,352 shares of the 3D printing company's stock worth $26,000 after acquiring an additional 10,814 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of 3D Systems by 5,139.4% in the 1st quarter. NewEdge Advisors LLC now owns 13,151 shares of the 3D printing company's stock valued at $28,000 after purchasing an additional 12,900 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in 3D Systems during the 1st quarter worth approximately $29,000. Blue Trust Inc. raised its holdings in 3D Systems by 411.6% during the 4th quarter. Blue Trust Inc. now owns 10,006 shares of the 3D printing company's stock worth $33,000 after buying an additional 8,050 shares during the period. Finally, State of Wyoming bought a new position in 3D Systems in the first quarter valued at approximately $34,000. 64.49% of the stock is currently owned by institutional investors.

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.