Zacks Research Comments on 3D Systems FY2028 Earnings

3D Systems Corporation (NYSE:DDD) – Equities research analysts at Zacks Research issued their FY2028 earnings estimates for shares of 3D Systems in a report issued on Monday, March 23rd. Zacks Research analyst Team expects that the 3D printing company will post earnings per share of ($0.43) for the year. The consensus estimate for 3D Systems’ current full-year earnings is ($0.73) per share.

3D Systems (NYSE:DDD) last issued its earnings results on Monday, March 9th. The 3D printing company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.03). 3D Systems had a net margin of 7.72% and a negative return on equity of 34.60%. The business had revenue of $106.30 million for the quarter, compared to analyst estimates of $97.99 million.

DDD has been the topic of several other reports. Wall Street Zen upgraded 3D Systems from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $5.00 price target on shares of 3D Systems in a research note on Tuesday, March 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of 3D Systems in a research report on Monday, December 29th. Finally, Leerink Partners reiterated an “outperform” rating on shares of 3D Systems in a research note on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, 3D Systems has a consensus rating of “Hold” and an average target price of $5.00.

3D Systems Stock Down 6.7%

Shares of DDD opened at $1.94 on Thursday. The company has a quick ratio of 1.82, a current ratio of 2.87 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average price of $2.22 and a two-hundred day moving average price of $2.35. The stock has a market cap of $283.38 million, a price-to-earnings ratio of -194,000.00 and a beta of 2.39. 3D Systems has a 12 month low of $1.32 and a 12 month high of $3.80.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. J. Derek Lewis & Associates Inc. acquired a new stake in 3D Systems in the 4th quarter valued at about $27,000. Prudential Financial Inc. lifted its position in shares of 3D Systems by 74.8% during the second quarter. Prudential Financial Inc. now owns 18,427 shares of the 3D printing company’s stock worth $28,000 after purchasing an additional 7,887 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of 3D Systems by 5,139.4% during the first quarter. NewEdge Advisors LLC now owns 13,151 shares of the 3D printing company’s stock worth $28,000 after purchasing an additional 12,900 shares in the last quarter. CIBC Asset Management Inc bought a new stake in shares of 3D Systems during the fourth quarter valued at approximately $36,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of 3D Systems in the third quarter valued at approximately $41,000. Institutional investors and hedge funds own 64.49% of the company’s stock.

3D Systems Company Profile

3D Systems, founded in 1986 by stereolithography pioneer Chuck Hull, is a leading provider of additive manufacturing solutions. Headquartered in Rock Hill, South Carolina, the company develops and sells a broad range of 3D printers, materials, software, and on-demand manufacturing services. Its core technologies include stereolithography (SLA), selective laser sintering (SLS), direct metal printing (DMP), and multi-jet printing (MJP), enabling customers to build prototypes, production parts, and complex geometries across a variety of industries.

The company’s hardware portfolio spans desktop to production-scale systems designed for applications in aerospace, automotive, healthcare, consumer products, and education.