In the last trading session, 6.77 million shares of the 3D Systems Corp (NYSE:DDD) were traded, and its beta was 1.90. Most recently the company’s share price was $1.94, and it changed around $0.26 or 15.48% from the last close, which brings the market valuation of the company to $264.64M. DDD currently trades at a discount to its 52-week high of $5.00, offering almost -157.73% off that amount. The share price’s 52-week low was $1.48, which indicates that the current value has risen by an impressive 23.71% since then.
3D Systems Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended DDD as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. 3D Systems Corp is expected to report earnings per share of -0.16 for the current quarter.
3D Systems Corp (NYSE:DDD) trade information
Instantly DDD has showed a green trend with a performance of 15.48% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9800 on recent trading dayincreased the stock’s daily price by 2.02%. The company’s shares are currently down -40.85% year-to-date, but still up 5.43% over the last five days. On the other hand, 3D Systems Corp (NYSE:DDD) is 16.17% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 51.5% from its current value. Analyst projections state that DDD is forecast to be at a low of $3.75 and a high of $14.
3D Systems Corp (DDD) estimates and forecasts
The year-over-year growth rate is expected to be -10.44%, down from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 95.72M in revenue for the current quarter. 4 analysts expect 3D Systems Corp to make 97.68M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 113.25M and 112.94M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -15.48%. Forecasts for the next quarter put sales growth at -13.51%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -25.85%.
DDD Dividends
3D Systems Corp’s next quarterly earnings report is expected to be released in July.
VANGUARD GROUP INC, with 8.9578% or 11.81 million shares worth $36.25 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
