During the recent session, 3D Systems Corp (NYSE:DDD)’s traded shares were 0.43 million, with the beta value of the company hitting 1.62. At the last check today, the stock’s price was $3.03, reflecting an intraday loss of -0.49% or -$0.01. The 52-week high for the DDD share is $5.75, that puts it down -89.77 from that peak though still a striking 43.23% gain since the share price plummeted to a 52-week low of $1.72. The company’s market capitalization is $410.26M, and the average intraday trading volume over the past 10 days was 1.88 million shares, and the average trade volume was 2.68 million shares over the past three months.
3D Systems Corp (DDD) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.20. DDD has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.11.
3D Systems Corp (NYSE:DDD) trade information
3D Systems Corp (DDD) registered a -0.49% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.49% in intraday trading to $3.03, hitting a weekly high. The stock’s 5-day price performance is -2.73%, and it has moved by -14.79% in 30 days. Based on these gigs, the overall price performance for the year is -41.26%. The short interest in 3D Systems Corp (NYSE:DDD) is 8.48 million shares and it means that shorts have 3.75 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.88, which implies an increase of 21.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.75 and $4 respectively. As a result, DDD is trading at a discount of -32.01% off the target high and -23.76% off the low.
3D Systems Corp (DDD) estimates and forecasts
Statistics show that 3D Systems Corp has underperformed its competitors in share price, compared to the industry in which it operates. 3D Systems Corp (DDD) shares have gone down -23.03% during the last six months, with a year-to-date growth rate less than the industry average at -111.54% against -65.90. In the rating firms’ projections, revenue will decrease -8.81% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 114.96M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 104.89M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 114.85M and 102.91M respectively. In this case, analysts expect current quarter sales to grow by 0.10% and then jump by 1.93% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -47.15%. While earnings are projected to return -110.62% in 2025, the next five years will return 30.00% per annum.
DDD Dividends
3D Systems Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
3D Systems Corp (NYSE:DDD)’s Major holders
3D Systems Corp insiders own 2.91% of total outstanding shares while institutional holders control 55.28%, with the float percentage being 56.94%. BLACKROCK INC. is the largest shareholder of the company, while 317.0 institutions own stock in it. As of 2024-06-30, the company held over 22.22 million shares (or 17.0095% of all shares), a total value of $68.21 million in shares.
The next largest institutional holding, with 11.81 million shares, is of VANGUARD GROUP INC’s that is approximately 9.0393% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $36.25 million.
Also, the Mutual Funds coming in first place with the largest holdings of 3D Systems Corp (DDD) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 4.17 shares. This amounts to just over 3.08 percent of the company’s overall shares, with a $12.64 million market value. The same data shows that the other fund manager holds slightly less at 3.25, or about 2.40% of the stock, which is worth about $9.86 million.
