3D Systems (NYSE:DDD) will issue its quarterly earnings data before the market opens on Wednesday, February 28th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Shares of 3D Systems (NYSE DDD) opened at $10.15 on Wednesday. The company has a quick ratio of 1.94, a current ratio of 2.63 and a debt-to-equity ratio of 0.01. 3D Systems has a 52 week low of $7.92 and a 52 week high of $23.70. The firm has a market capitalization of $1,160.00, a P/E ratio of -22.07 and a beta of 1.57.
DDD has been the subject of a number of research reports. Zacks Investment Research upgraded 3D Systems from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Piper Jaffray Companies upgraded 3D Systems from an “underweight” rating to a “neutral” rating and set a $6.25 price objective for the company in a research note on Monday, November 20th. Vetr upgraded 3D Systems from a “buy” rating to a “strong-buy” rating and set a $12.44 price objective for the company in a research note on Tuesday, January 16th. Bank of America cut 3D Systems from a “buy” rating to an “underperform” rating and boosted their price objective for the company from $9.63 to $12.38 in a research note on Wednesday, November 1st. Finally, Citigroup reduced their price objective on 3D Systems from $13.00 to $8.50 and set a “sell” rating for the company in a research note on Thursday, November 2nd. Seven investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $12.68.
In related news, Director G Walter Loewenbaum II purchased 40,500 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was acquired at an average price of $8.94 per share, for a total transaction of $362,070.00. Following the completion of the purchase, the director now directly owns 1,053,707 shares of the company’s stock, valued at $9,420,140.58. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have bought 47,930 shares of company stock valued at $428,048 in the last 90 days. Company 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.
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