3D Systems Corp. (NYSE: DDD): A Business Review And Growth Forecast

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In today’s recent session, 0.8 million shares of the 3D Systems Corp. (NYSE:DDD) have been traded, and its beta is 1.74. Most recently the company’s share price was $3.12, and it changed around -$0.15 or -4.59% from the last close, which brings the market valuation of the company to $416.30M. DDD at last check was trading at a discount to its 52-week high of $11.09, offering almost -255.45% off that amount. The share price’s 52-week low was $3.27, which indicates that the recent value has fallen by an impressive -4.81% since then. We note from 3D Systems Corp.’s average daily trading volume that its 3-month average coming to 1.78 million.

3D Systems Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 3 out of 16 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 10 recommended DDD as a Hold, whereas 1 deemed it a Buy, and 2 rated it as Underweight.

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3D Systems Corp. (NYSE:DDD) trade information

Instantly DDD has been showing red trend so far today with a performance of -4.59% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -50.87% year-to-date, but still down -12.11% over the last five days. On the other hand, 3D Systems Corp. (NYSE:DDD) is -10.34% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 77.71% from its current value. Analyst projections state that DDD is forecast to be at a low of $14 and a high of $14.

3D Systems Corp. (DDD) estimates and forecasts

3D Systems Corp. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -50.24 percent over the past six months and at a 61.54% annual growth rate that is well above the industry average of 27.40%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -47.73%. 3D Systems Corp. earnings are expected to increase by 58.44% in 2024, but the outlook is positive 30.00% per year for the next five years.

DDD Dividends

3D Systems Corp.’s next quarterly earnings report is expected to be released in July.