Wall Street brokerages expect that 3D Systems Corporation (NYSE:DDD) will report $0.02 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for 3D Systems Corporation’s earnings. The lowest EPS estimate is ($0.06) and the highest is $0.06. 3D Systems Corporation reported earnings of $0.15 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 86.7%. The business is scheduled to report its next earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that 3D Systems Corporation will report full-year earnings of ($0.04) per share for the current fiscal year, with EPS estimates ranging from ($0.12) to $0.00. For the next financial year, analysts forecast that the company will report earnings of $0.18 per share, with EPS estimates ranging from ($0.19) to $0.30. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for 3D Systems Corporation.

3D Systems Corporation (NYSE:DDD) last released its quarterly earnings data on Tuesday, October 31st. The 3D printing company reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.25). The firm had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $162.22 million. 3D Systems Corporation had a negative return on equity of 5.85% and a negative net margin of 8.01%. 3D Systems Corporation’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share.

Several equities research analysts have recently issued reports on DDD shares. Loop Capital started coverage on shares of 3D Systems Corporation in a research report on Monday, July 24th. They set a “hold” rating and a $18.00 price objective for the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $11.00 price objective (down from $15.00) on shares of 3D Systems Corporation in a research report on Wednesday, November 1st. KeyCorp reiterated a “hold” rating on shares of 3D Systems Corporation in a research note on Friday, October 6th. Zacks Investment Research upgraded shares of 3D Systems Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $17.00 price target on shares of 3D Systems Corporation in a research note on Tuesday, October 3rd. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $13.24.

Shares of 3D Systems Corporation (NYSE:DDD) opened at $8.34 on Friday. 3D Systems Corporation has a 1 year low of $7.92 and a 1 year high of $23.70. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.94 and a current ratio of 2.63.

Institutional investors have recently modified their holdings of the company. Strs Ohio acquired a new position in shares of 3D Systems Corporation during the second quarter worth about $115,000. LS Investment Advisors LLC increased its stake in shares of 3D Systems Corporation by 20.0% during the second quarter. LS Investment Advisors LLC now owns 8,714 shares of the 3D printing company’s stock worth $163,000 after acquiring an additional 1,452 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of 3D Systems Corporation by 19.4% during the second quarter. PNC Financial Services Group Inc. now owns 9,561 shares of the 3D printing company’s stock worth $178,000 after acquiring an additional 1,552 shares during the period. Riverhead Capital Management LLC increased its stake in shares of 3D Systems Corporation by 77.3% during the second quarter. Riverhead Capital Management LLC now owns 9,926 shares of the 3D printing company’s stock worth $186,000 after acquiring an additional 4,326 shares during the period. Finally, Flinton Capital Management LLC increased its stake in shares of 3D Systems Corporation by 76.8% during the second quarter. Flinton Capital Management LLC now owns 10,098 shares of the 3D printing company’s stock worth $189,000 after acquiring an additional 4,386 shares during the period. Institutional investors and hedge funds own 58.72% of the company’s stock.

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3D Systems Corporation Company Profile

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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Earnings History and Estimates for 3D Systems Corporation (NYSE:DDD)

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