3D Systems - DDD Stock Forecast, Price & News

3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, 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. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and bio-compatible materials. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as solutions for product design, simulation, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology, and inspection and manufacturing workflows under the Geomagic brand. Further, it offers 3D Sprint and 3DXpert, a proprietary software to prepare and optimize CAD data and manage the additive manufacturing processes, which provides automated support building and placement, build platform management, print simulation, and print queue management; and Bioprint Pro, a software solution that allows researchers to design and bioprint repeatable experiments. Additionally, the company provides maintenance and training services; manufacturing services; and software and precision healthcare services. It primarily serves companies and small and midsize businesses in medical, dental, automotive, aerospace, durable good, government, defense, technology, jewelry, electronic, education, consumer good, energy, biotechnology, and other industries through direct sales force, channel partners, and appointed distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

3D Systems Stock Performance

Shares of DDD Stock traded up $0.28 during trading hours on Friday, reaching $12.40. 1,052,721 shares of the company's stock were exchanged, compared to its average volume of 1,610,412. The company has a market cap of $1.62 billion, a P/E ratio of 6.81 and a beta of 1.41. The company's 50 day moving average is $10.53 and its two-hundred day moving average is $13.16. 3D Systems has a 1 year low of $8.78 and a 1 year high of $34.97. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.52 and a quick ratio of 5.90.

3D Systems (NYSE:DDD - Get Rating) last issued its earnings results on Monday, August 8th. The 3D printing company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $140.00 million for the quarter, compared to analysts' expectations of $145.48 million. 3D Systems had a negative return on equity of 6.43% and a net margin of 39.08%. The business's quarterly revenue was down 13.9% on a year-over-year basis. During the same period last year, the company posted ($0.06) earnings per share. Equities research analysts anticipate that 3D Systems will post -0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DDD has been the subject of several research reports. StockNews.com downgraded 3D Systems from a "hold" rating to a "sell" rating in a report on Thursday, May 12th. Bank of America reduced their price objective on 3D Systems from $23.00 to $12.00 in a research note on Tuesday, May 10th. Finally, Craig Hallum reduced their price objective on 3D Systems from $18.00 to $10.00 in a research note on Wednesday, May 11th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $18.20.

Insider Buying and Selling

In other news, Director Jim D. Kever purchased 10,000 shares of the stock in a transaction that occurred on Thursday, May 26th. The shares were acquired at an average price of $10.65 per share, for a total transaction of $106,500.00. Following the acquisition, the director now directly owns 404,672 shares in the company, valued at approximately $4,309,756.80. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director Jim D. Kever bought 10,000 shares of the stock in a transaction on Thursday, May 26th. The shares were purchased at an average price of $10.65 per share, for a total transaction of $106,500.00. Following the acquisition, the director now owns 404,672 shares in the company, valued at $4,309,756.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey A. Graves bought 10,141 shares of the stock in a transaction on Thursday, May 19th. The shares were bought at an average price of $10.50 per share, for a total transaction of $106,480.50. Following the acquisition, the chief executive officer now owns 577,158 shares in the company, valued at approximately $6,060,159. The disclosure for this purchase can be found here. Insiders own 3.45% of the company's stock.