3D Systems Corporation Company Profile (NYSE:DDD)

3D Systems Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "DDD."

3D Systems Corporation (NYSE:DDD) released its earnings results on Wednesday, August, 2nd. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.04. The company earned $159.47 million during the quarter, compared to analyst estimates of $163.01 million. 3D Systems Corporation had a positive return on equity of 1.69% and a negative net margin of 5.39%. 3D Systems Corporation's revenue was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 earnings per share. View 3D Systems Corporation's Earnings History.

3D Systems Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for 3D Systems Corporation.

3D Systems Corporation issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of approx $0.46 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.51. The company issued revenue guidance of $643-671 million, compared to the consensus revenue estimate of $660.69 million.

12 brokers have issued 1-year target prices for 3D Systems Corporation's shares. Their forecasts range from $13.00 to $21.00. On average, they expect 3D Systems Corporation's stock price to reach $16.25 in the next year. View Analyst Ratings for 3D Systems Corporation.

Here are some recent quotes from research analysts about 3D Systems Corporation stock:

• 1. According to Zacks Investment Research, "In keeping with its volatile earnings history, 3D Systems’ second-quarter 2017 adjusted earnings missed the estimates by a whopping 216.7%, as modest top-line growth was more than offset by a rise in operating expenses. Adverse macroeconomic factors, such as slowdown, currency fluctuations and commodity prices hurt the company’s performance. Consequently, its shares have underperformed the industry’s average return over the past six months. Escalating IT and go-to-market expenses remain headwinds, going forward. Moreover, 3D System operates in a highly dynamic and competitive market which adds to its risks. Nevertheless, its diverse technology portfolio enables it to offset weaknesses associated with a single product line. Going forward, strong demand for production printers, materials and software, as well as healthcare solutions will likely act as major catalysts for growth." (8/8/2017)
• 2. FBR & Co analysts commented, "DDD shares continue to be fairly valued, in our opinion, although the longer-term opportunity set is beginning to come into clearer view, and recent cost-savings initiatives have proven beneficial to the P&L. We believe that 3D Systems can take a leading role in bringing additive manufacturing into multiple industry spaces with the modular and scalable Figure 4 platform. We think that the company is actively working with customers to bring the platform to market but that larger- capacity industries—such as major industrial OEMs—are likely to have a greater lead time than some of the lower-volume potential customers with which 3D is working (it has cited dental labs as an example). Meanwhile, cost initiatives are playing out, but soft spots remain in the quarter-to-quarter revenue stream: Printer revenue was down 4% YOY in 1Q17 due to weaker professional system numbers, and although the revenue decline has slowed relative to previous quarters, on-demand manufacturing services revenue was a 6% YOY decline. Generally speaking, we think that management’s vertical-focused strategy is a good one, but we are held back by nearer-term valuation and certain soft spots in growth." (5/5/2017)
• 3. Jefferies Group LLC analysts commented, "3D Systems reported another revenue miss but showed good progress in its cost reduction effort. 2017 revenue growth guidance of ~5% was also somewhat disappointing. While we found commentary from management regarding an imminent inflection in manufacturing-driven revenue encouraging, we remain on the sidelines until we have more confidence that the DDD can re-accelerate growth." (3/1/2017)
• 4. Needham & Company LLC analysts commented, "Q4 revenues, released prior to the market open today, declined 10% y/o/y, which was weaker than expected, although lower op-ex enabled DDD to meet our non-GAAP EPS estimate and modestly exceed consensus. Ongoing weakness in the core prototyping market contributed to y/o/y declines in product revenue, materials, and service for the quarter. Mgmt provided annual guidance, with revenues expected to be up 2%-8%, driven in part by new products and growth in the health care vertical, while non-GAAP EPS are forecast to be slightly above consensus. While we are encouraged by the gradual improvement in the company's financials since the new management team has taken over at DDD, given the challenging demand environment, we are maintaining our Hold rating." (2/28/2017)

Some companies that are related to 3D Systems Corporation include Ciena Corporation (CIEN), FireEye (FEYE), Manhattan Associates (MANH), Ringcentral (RNG), Advanced Energy Industries (AEIS), United States Cellular Corporation (USM), AVX Corporation (AVX), Itron (ITRI), Black Knight Financial Services (BKFS), Tower Semiconductor (TSEM), NetScout Systems (NTCT), Twilio (TWLO), Generac Holdlings (GNRC), Zendesk (ZEN), Sanmina Corporation (SANM), Science Applications International Corporation (SAIC), Okta (OKTA) and MACOM Technology Solutions Holdings (MTSI).

3D Systems Corporation's management team includes the folowing people:

• G. Walter Loewenbaum II, Independent Chairman of the Board
• Vyomesh I. Joshi, President, Chief Executive Officer, Director
• John N. McMullen, Chief Financial Officer, Executive Vice President
• Kevin P. McAlea Ph.D., Executive Vice President, Chief Operating Officer - Healthcare
• Charles W. Hull, Chief Technology Officer, Executive Vice President, Director
• Andrew M. Johnson, Executive Vice President and Chief Legal Officer
• John J. Tracy, Director
• William Edward Curran, Independent Director
• Thomas W. Erickson, Independent Director
• William David Humes, Independent Director

3D Systems Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.73%), Vanguard Group Inc. (8.61%), Villere ST Denis J & Co. LLC (4.29%), State Street Corp (3.04%), Northern Trust Corp (1.69%) and Investment Management of Virginia LLC (1.39%). Company insiders that own 3D Systems Corporation stock include Andrew Martin Johnson, G Walter Loewenbaum II, Kevin Mcalea and Vyomesh Joshi. View Institutional Ownership Trends for 3D Systems Corporation.

3D Systems Corporation's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Villere ST Denis J & Co. LLC, Investment Management of Virginia LLC, Nationwide Fund Advisors, Chicago Equity Partners LLC, TIAA CREF Investment Management LLC, JPMorgan Chase & Co. and Commerzbank Aktiengesellschaft FI. Company insiders that have sold 3D Systems Corporation stock in the last year include Andrew Martin Johnson, G Walter Loewenbaum II and Kevin Mcalea. View Insider Buying and Selling for 3D Systems Corporation.

3D Systems Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Quantitative Investment Management LLC, Vanguard Group Inc., Lord Abbett & CO. LLC, Royal Bank of Canada, State Street Corp, Blair William & Co. IL and Retirement Systems of Alabama. Company insiders that have bought 3D Systems Corporation stock in the last two years include G Walter Loewenbaum II and Vyomesh Joshi. View Insider Buying and Selling for 3D Systems Corporation.

Shares of 3D Systems Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of 3D Systems Corporation stock can currently be purchased for approximately $13.50.