3D Systems Corp. Rating Reiterated by William Blair (DDD)
3D Systems Corp. (NYSE:DDD)‘s stock had its “underperform” rating reiterated by analysts at William Blair in a research report issued to clients and investors on Monday, AR Network reports.
DDD has been the subject of a number of other recent research reports. Analysts at Bank of America Corp. initiated coverage on shares of 3D Systems Corp. (NYSE:DDD) in a research note to investors on Monday, September 23rd. They set a “buy” rating and a $65.00 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “positive” rating on shares of 3D Systems Corp. (NYSE:DDD) in a research note to investors on Thursday, September 19th. Finally, analysts at Credit Suisse initiated coverage on shares of 3D Systems Corp. (NYSE:DDD) in a research note to investors on Tuesday, September 17th. They set an “outperform” rating and a $62.00 price target on the stock. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $56.05.
3D Systems Corp. (NYSE:DDD) traded down 1.53% on Monday, hitting $53.9499. The stock had a trading volume of 2,346,959 shares. 3D Systems Corp. has a one year low of $22.2133 and a one year high of $56.23. The stock’s 50-day moving average is $51.20 and its 200-day moving average is $43.98. The company has a market cap of $5.482 billion and a P/E ratio of 126.54. 3D Systems Corp. also saw some unusual options trading activity on Friday. Investors bought 23,529 put options on the company. This is an increase of 202% compared to the average volume of 7,802 put options.
3D Systems Corp. (NYSE:DDD) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.04. The company had revenue of $120.50 million for the quarter, compared to the consensus estimate of $114.63 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 44.5% on a year-over-year basis. Analysts expect that 3D Systems Corp. will post $1.01 EPS for the current fiscal year.
3D Systems Corporation (NYSE:DDD) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region.
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