Brokerages Set 3D Systems Corporation (NYSE:DDD) Target Price at $4.75

3D Systems Corporation (NYSE:DDD) has received a consensus recommendation of “Hold” from the five analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $4.75.

A number of brokerages recently commented on DDD. Zacks Research downgraded 3D Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of 3D Systems in a report on Wednesday, October 8th. Wall Street Zen lowered shares of 3D Systems from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Cantor Fitzgerald raised their price objective on shares of 3D Systems from $4.00 to $4.75 and gave the stock an “overweight” rating in a research report on Thursday, November 6th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in 3D Systems by 3.4% during the second quarter. Geode Capital Management LLC now owns 3,165,629 shares of the 3D printing company’s stock worth $4,876,000 after acquiring an additional 105,500 shares during the last quarter. Silverberg Bernstein Capital Management LLC increased its position in shares of 3D Systems by 14.6% during the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 2,338,970 shares of the 3D printing company’s stock worth $6,783,000 after purchasing an additional 298,310 shares during the last quarter. Nuveen LLC purchased a new stake in 3D Systems in the 1st quarter valued at about $3,528,000. Royal Bank of Canada lifted its position in 3D Systems by 7.7% in the first quarter. Royal Bank of Canada now owns 1,529,217 shares of the 3D printing company’s stock valued at $3,242,000 after buying an additional 109,467 shares during the last quarter. Finally, Nikko Asset Management Americas Inc. raised its stake in shares of 3D Systems by 2.0% in the 1st quarter. Nikko Asset Management Americas Inc. now owns 814,994 shares of the 3D printing company’s stock valued at $1,728,000 after acquiring an additional 15,911 shares during the period. 64.49% of the stock is currently owned by institutional investors and hedge funds.

3D Systems Stock Performance

DDD opened at $2.23 on Friday. 3D Systems has a twelve month low of $1.32 and a twelve month high of $5.00. The firm has a market capitalization of $286.44 million, a PE ratio of -1.70 and a beta of 2.18. The company has a current ratio of 2.76, a quick ratio of 1.82 and a debt-to-equity ratio of 0.51. The firm’s 50-day moving average price is $2.75 and its 200 day moving average price is $2.15.

3D Systems (NYSE:DDD) last released its earnings results on Tuesday, November 4th. The 3D printing company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The business had revenue of $91.25 million for the quarter, compared to analyst estimates of $93.04 million. 3D Systems had a negative net margin of 35.05% and a negative return on equity of 43.90%. 3D Systems has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that 3D Systems will post -0.73 EPS for the current fiscal year.

3D Systems Company Profile

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.