A share price of 3D Systems Corp [DDD] is currently trading at $2.47, up 6.01%. An important factor to consider is whether the stock is rising or falling in short-term value. The DDD shares have gain 24.12% over the last week, with a monthly amount glided 39.55%, and seem to be holding up well over a long-time horizon.
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 an 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 a 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 $1.32 and $5.00. Currently, Wall Street analysts expect the stock to reach $4.75 within the next 12 months. 3D Systems Corp [NYSE: DDD] shares were valued at $2.47 at the most recent close of the market. An investor can expect a potential return of 92.31% based on the average DDD price forecast.
Analyzing the DDD fundamentals
Trailing Twelve Months sales for 3D Systems Corp [NYSE:DDD] were 391.65M which represents -19.21% decline. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at -0.26%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for 3D Systems Corp [NYSE:DDD] is 2.73. On the other hand, the Quick Ratio is 1.73, and the Cash Ratio is 0.72. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 1.43.
