3D Systems Corp [NYSE: DDD] closed the trading session at $3.56.
The stocks have a year to date performance of -43.94 percent and weekly performance of -6.32 percent. The stock has been moved at 12.66 percent over the last six months. The stock has performed 11.25 percent around the most recent 30 days and changed 49.58 percent over the most recent 3-months.
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If compared to the average trading volume of 2.80M shares, DDD reached to a volume of 2087155 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 3D Systems Corp [DDD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DDD shares is $4.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DDD stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for 3D Systems Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on February 13, 2024. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Underperform. The new note on the price target was released on August 17, 2022, representing the official price target for 3D Systems Corp stock. Previously, the target price had yet another drop from $36 to $29, while Lake Street kept a Buy rating on DDD stock. On March 01, 2022, analysts decreased their price target for DDD shares from 22 to 18.
The Average True Range (ATR) for 3D Systems Corp is set at 0.33, with the Price to Sales ratio for DDD stock in the period of the last 12 months amounting to 1.15. The Price to Book ratio for the last quarter was 2.20, with the Price to Cash per share for the same quarter was set at 1.32.
DDD stock trade performance evaluation
3D Systems Corp [DDD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.32. With this latest performance, DDD shares gained by 11.25% in over the last four-week period, additionally plugging by 12.66% over the last 6 months – not to mention a drop of -42.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DDD stock in for the last two-week period is set at 54.82, with the RSI for the last a single of trading hit 54.37, and the three-weeks RSI is set at 54.73 for 3D Systems Corp [DDD]. The present Moving Average for the last 50 days of trading for this stock 3.23, while it was recorded at 3.51 for the last single week of trading, and 3.32 for the last 200 days.
3D Systems Corp [DDD]: An insightful look at the core fundamentals
3D Systems Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.34 and a Current Ratio set at 3.31.
Earnings per share (EPS) analysis for 3D Systems Corp [DDD] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DDD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for 3D Systems Corp go to 30.00%.
3D Systems Corp [DDD]: Institutional Ownership
There are presently around $55.28%, or 56.94%% of DDD stock, in the hands of institutional investors. The top three institutional holders of DDD stocks are: BLACKROCK INC. with ownership of 22.22 million shares, which is approximately 17.0095%. VANGUARD GROUP INC, holding 11.81 million shares of the stock with an approximate value of $$36.25 million in DDD stocks shares; and VANGUARD GROUP INC, currently with $$23.63 million in DDD stock with ownership which is approximately 5.8924%.
