3D Systems Corporation (NYSE:DDD) Given Consensus Recommendation of “Hold” by Brokerages

3D Systems Corporation (NYSE:DDD) has earned a consensus recommendation of “Hold” from the five research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $4.75.

A number of equities research analysts recently commented on DDD shares. Zacks Research cut shares of 3D Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Wall Street Zen downgraded 3D Systems from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “sell (d)” rating on shares of 3D Systems in a research report on Tuesday, November 25th. Finally, Cantor Fitzgerald increased their price objective on 3D Systems from $4.00 to $4.75 and gave the company an “overweight” rating in a research note on Thursday, November 6th.

Institutional Investors Weigh In On 3D Systems

Several hedge funds have recently made changes to their positions in DDD. CWM LLC raised its stake in shares of 3D Systems by 703.1% in the 1st quarter. CWM LLC now owns 12,352 shares of the 3D printing company’s stock valued at $26,000 after acquiring an additional 10,814 shares during the period. Prudential Financial Inc. increased its holdings in 3D Systems by 74.8% in the 2nd quarter. Prudential Financial Inc. now owns 18,427 shares of the 3D printing company’s stock valued at $28,000 after purchasing an additional 7,887 shares in the last quarter. NewEdge Advisors LLC raised its position in 3D Systems by 5,139.4% in the first quarter. NewEdge Advisors LLC now owns 13,151 shares of the 3D printing company’s stock valued at $28,000 after purchasing an additional 12,900 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of 3D Systems during the first quarter worth about $29,000. Finally, State of Wyoming purchased a new stake in shares of 3D Systems in the first quarter worth about $34,000. Institutional investors and hedge funds own 64.49% of the company’s stock.

3D Systems Price Performance

Shares of DDD opened at $2.01 on Tuesday. The company has a current ratio of 2.76, a quick ratio of 1.82 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average is $2.70 and its two-hundred day moving average is $2.15. 3D Systems has a twelve month low of $1.32 and a twelve month high of $5.00. The firm has a market capitalization of $258.12 million, a PE ratio of -1.53 and a beta of 2.18.

3D Systems (NYSE:DDD) last announced its quarterly earnings results on Tuesday, November 4th. The 3D printing company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. The business had revenue of $91.25 million during the quarter, compared to the consensus estimate of $93.04 million. 3D Systems had a negative net margin of 35.05% and a negative return on equity of 43.90%. 3D Systems has set its Q4 2025 guidance at EPS. Research analysts anticipate that 3D Systems will post -0.73 earnings per share for the current year.

About 3D Systems

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.