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) issued its quarterly earnings results on Tuesday, February, 28th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. The business earned $165.90 million during the quarter, compared to analysts' expectations of $176.76 million. 3D Systems Corporation had a positive return on equity of 3.83% and a negative net margin of 4.81%. The firm's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 earnings per share. View 3D Systems Corporation's Earnings History.

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

3D Systems Corporation issued an update on its FY17 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.51-$0.55 for the period, compared to the Thomson Reuters consensus estimate of $0.53. The company issued revenue guidance of $643-$684 million, compared to the consensus revenue estimate of $659.89 million.

11 brokers have issued 12-month target prices for 3D Systems Corporation's stock. Their forecasts range from $14.00 to $25.00. On average, they anticipate 3D Systems Corporation's stock price to reach $18.06 in the next twelve months. 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, "3D Systems’ shares have strongly outperformed the Zacks Categorized Computer Mini-Market industry average. The company’s diligent cost-cutting efforts and robust healthcare business are expected to boost growth. Currently, 3D Systems is witnessing robust prospects across most of its end business. Especially, the company remains bullish on the prospects of its healthcare business. The company seems favorably positioned to capitalize on the booming 3D printing industry, which has great long-term prospects. However, on the flip side, 3D Systems has experiencing unfavorable broader market conditions that have badly hit its financial performance. Macroeconomic factors such as economic slowdown, currency fluctuations and commodity prices negatively impact the company’s performance. The industry is battling a widespread decline in demand for enterprise 3D printers over the past two years. Also, stiff competition also add to its woes." (7/4/2017)
• 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 MACOM Technology Solutions Holdings (MTSI), GoDaddy (GDDY), Teradata Corporation (TDC), AU Optronics Corp (AUO), ViaSat (VSAT), DST Systems (DST), YY (YY), Lumentum Holdings (LITE), Entegris (ENTG), Ciena Corporation (CIEN), Nutanix (NTNX), Integrated Device Technology (IDTI), Wix.com (WIX), InterXion Holding N.V. (INXN), Manhattan Associates (MANH), RealPage (RP), United States Cellular Corporation (USM) and Atlassian Corporation PLC (TEAM).

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 Willard 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 shareholders include Capital One National Association (0.07%), CHURCHILL MANAGEMENT Corp (0.06%), State Treasurer State of Michigan (0.04%), Creative Planning (0.04%), Oregon Public Employees Retirement Fund (0.03%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own 3D Systems Corporation stock include Andrew Martin Johnson, G Walter Loewenbaum II, Kevin Mcalea and Kevin S Moore. 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 Douglas Lane & Associates LLC and Creative Planning. 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 bought by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Capital One National Association, Aperio Group LLC, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Louisiana State Employees Retirement System and State Treasurer State of Michigan. Company insiders that have bought 3D Systems Corporation stock in the last two years include G Walter Loewenbaum II and Kevin S Moore. 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 $17.61.