Monthly Drifts in 3D Systems Corp (DDD) Stock: A Closer Look

3D Systems Corp [DDD] stock is trading at $3.22, up 3.54%. An important factor to consider is whether the stock is rising or falling in short-term value. The DDD shares have gain 13.38% over the last week, with a monthly amount glided 10.65%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 [DDD] stock has fluctuated between $1.72 and $6.85 over the past year. 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 $3.22 at the most recent close of the market. An investor can expect a potential return of 125.16% based on the average DDD price forecast.

Analyzing the DDD fundamentals

3D Systems Corp [NYSE:DDD] reported sales of 454.80M for the trailing twelve months, which represents a drop of -11.66%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.55.

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 3.10 points at the first support level, and at 2.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.32, and for the 2nd resistance point, it is at 3.42.

Ratios To Look Out For

For context, 3D Systems Corp’s Current Ratio is 3.46. On the other hand, the Quick Ratio is 2.42, and the Cash Ratio is 1.41. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 1.13.

Transactions by insiders

Recent insider trading involved ERICKSON THOMAS W, Director, that happened on Nov 28 ’23 when 50000.0 shares were purchased.

Related Posts