Somewhat Positive Press Coverage Somewhat Unlikely to Impact 3D Systems (DDD) Share Price

Headlines about 3D Systems (NYSE:DDD) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. 3D Systems earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the 3D printing company an impact score of 45.4702563948089 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

A number of research analysts have commented on DDD shares. ValuEngine cut shares of 3D Systems from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Jefferies Group reaffirmed a “hold” rating and issued a $17.00 target price on shares of 3D Systems in a research report on Tuesday, October 3rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $15.00 target price on shares of 3D Systems in a research report on Wednesday, October 4th. Zacks Investment Research raised shares of 3D Systems from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, KeyCorp reissued a “hold” rating on shares of 3D Systems in a research report on Friday, October 6th. Six investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.97.

Shares of 3D Systems (NYSE:DDD) opened at $9.66 on Friday. 3D Systems has a 1 year low of $7.92 and a 1 year high of $23.70. The company has a current ratio of 2.63, a quick ratio of 1.94 and a debt-to-equity ratio of 0.01.

3D Systems (NYSE:DDD) last issued its quarterly earnings results on Tuesday, October 31st. The 3D printing company reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.25). The business had revenue of $152.90 million for the quarter, compared to analyst estimates of $162.22 million. 3D Systems had a negative return on equity of 5.85% and a negative net margin of 8.01%. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.14 EPS. research analysts expect that 3D Systems will post -0.3 earnings per share for the current year.

In other news, Director G Walter Loewenbaum II bought 40,500 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average cost of $8.94 per share, for a total transaction of $362,070.00. Following the completion of the purchase, the director now owns 1,053,707 shares of the company’s stock, valued at $9,420,140.58. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have purchased 47,930 shares of company stock worth $428,048 over the last 90 days. Insiders own 5.00% of the company’s stock.

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About 3D Systems

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.

Insider Buying and Selling by Quarter for 3D Systems (NYSE:DDD)

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