3D Systems Corporation (NYSE: DDD) is -33.60% lower on its value in year-to-date trading and has touched a low of $5.20 and a high of $12.56 in the current 52-week trading range. The DDD stock was last observed hovering at around $5.81 in the last trading session, with the day’s loss setting it -0.25% off its average median price target of $8.00 for the next 12 months. It is also 49.45% off the consensus price target high of $11.00 offered by 7 analysts, but current levels are -11.2% lower than the price target low of $5.00 for the same period.
Currently trading at $5.56, the stock is -14.23% and -18.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.96 million and changing -4.30% at the moment leaves the stock -33.31% off its SMA200. DDD registered -14.93% loss for a year compared to 6-month loss of -52.10%. The firm has a 50-day simple moving average (SMA 50) of $6.60 and a 200-day simple moving average (SMA200) of $7.82.
The stock witnessed a -15.31% gain in the last 1 month and extending the period to 3 months gives it a -23.45%, and is -6.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.07% over the week and 4.29% over the month.
3D Systems Corporation (DDD) has around 2472 employees, a market worth around $711.84M and $566.60M in sales. Fwd P/E is 37.97. Profit margin for the company is -13.80%. Distance from 52-week low is 6.92% and -55.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.60%).
3D Systems Corporation (DDD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for 3D Systems Corporation (DDD) is a “Underweight”. 7 analysts offering their recommendations for the stock have an average rating of 3.60, where 2 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
3D Systems Corporation is expected to release its quarterly report on 11/03/2020 and quarterly earnings per share for the current quarter are estimated at -$0.08 with sales reaching $114.45M over the same period.The EPS is expected to shrink by -51.60% this year, but quarterly earnings will post -23.00% year-over-year. Quarterly sales are estimated to shrink -26.30% in year-over-year returns.
3D Systems Corporation (DDD) Top Institutional Holders
311 institutions hold shares in 3D Systems Corporation (DDD), with 3.04M shares held by insiders accounting for 2.51% while institutional investors hold 72.94% of the company’s shares. The shares outstanding are 121.14M, and float is at 117.48M with Short Float at 33.78%. Institutions hold 71.11% of the Float.
3D Systems Corporation (DDD) Insider Activity
A total of 41 insider transactions have happened at 3D Systems Corporation (DDD) in the last six months, with sales accounting for 21 and purchases happening 20 times. The most recent transaction is an insider sale by Johnson Andrew Martin, the company’s EVP, Chief Legal Officer & Sec. SEC filings show that Johnson Andrew Martin sold 4,000 shares of the company’s common stock on May 28 at a price of $8.00 per share for a total of $32000.0. Following the sale, the insider now owns 0.23 million shares.
3D Systems Corporation disclosed in a document filed with the SEC on Apr 24 that Johnson Andrew Martin (EVP, Chief Legal Officer & Sec) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Apr 24 and was made at $8.00 per share for $32000.0. Following the transaction, the insider now directly holds 0.23 million shares of the DDD stock.
Still, SEC filings show that on Mar 30, Johnson Andrew Martin (EVP, Chief Legal Officer & Sec) disposed off 4,000 shares at an average price of $8.00 for $32000.0. The insider now directly holds 234,691 shares of 3D Systems Corporation (DDD).
3D Systems Corporation (DDD): Who are the competitors?
The company’s main competitors (and peers) include HP Inc. (HPQ) that is trading -5.92% down over the past 12 months. voxeljet AG (VJET) is -32.80% down on the 1-year trading charts. Short interest in the company’s stock has risen 3.8% from the last report on Jun 29, 2020 to stand at a total of 38.18 million short shares sold with a short interest ratio of 25.1.