A share price of 3D Systems Corp. [DDD] is currently trading at $2.67, up 12.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DDD shares have gain 1.91% over the last week, with a monthly amount glided 8.98%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
3D Systems Corp. [NYSE: DDD] stock has seen the most recent analyst activity on February 13, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $8.50. Previously, Credit Suisse started tracking the stock with Underperform rating on August 17, 2022, and set its price target to $8. On March 01, 2022, Lake Street reiterated its Buy rating and revised its price target to $29 on the stock. JP Morgan reiterated its Underweight rating and decreased its price target to $18 on March 01, 2022. Craig Hallum reiterated its recommendation of a Hold and reduced its price target to $18 on March 01, 2022. BofA Securities reiterated a Underperform rating for this stock on March 01, 2022, and upped its price target to $23. In a note dated March 01, 2022, B. Riley Securities reiterated an Neutral rating on this stock and revised its target price from $24 to $22.
3D Systems Corp. experienced fluctuations in its stock price throughout the past year between $1.72 and $6.85. Currently, Wall Street analysts expect the stock to reach $7.25 within the next 12 months. 3D Systems Corp. [NYSE: DDD] shares were valued at $2.67 at the most recent close of the market. An investor can expect a potential return of 171.54% based on the average DDD price forecast.
Analyzing the DDD fundamentals
Trailing Twelve Months sales for 3D Systems Corp. [NYSE:DDD] were 454.80M which represents -11.66% decline. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.26%, Pretax Profit Margin comes in at -0.77%, and Net Profit Margin reading is -0.79%. To continue investigating profitability, this company’s Return on Assets is posted at -0.43, Equity is -0.75 and Total Capital is -0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.48 points at the first support level, and at 2.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.78, and for the 2nd resistance point, it is at 2.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for 3D Systems Corp. [NYSE:DDD] is 3.46. Also, the Quick Ratio is 2.42, while the Cash Ratio stands at 1.41. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 0.93.
Transactions by insiders
Recent insider trading involved ERICKSON THOMAS W, Director, that happened on Nov 28 ’23 when 50000.0 shares were purchased. Director, ERICKSON THOMAS W completed a deal on Nov 21 ’23 to buy 50000.0 shares.
