3D Systems Corp [NYSE: DDD] plunged by -$0.4 during the normal trading session on Thursday and reaching a high of $1.62 during the day while it closed the day at $1.47.
3D Systems Corp stock has also loss -20.11% of its value over the past 7 days. However, DDD stock has declined by -44.11% in the 3 months of the year. Over the past six months meanwhile, it has lost -62.97% and lost -55.18% year-on date.
The market cap for DDD stock reached $200.53 million, with 135.36 million shares outstanding and 130.85 million shares in the current float. Compared to the average trading volume of 3.50M shares, DDD reached a trading volume of 32886873 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 $3.00 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 2.50. 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 0.15, with the Price to Sales ratio for DDD stock in the period of the last 12 months amounting to 0.46. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 0.99.
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 -20.11. With this latest performance, DDD shares dropped by -13.53% in over the last four-week period, additionally sinking by -62.97% over the last 6 months – not to mention a drop of -58.12% in the past year of trading.
3D Systems Corp [DDD]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and 3D Systems Corp [DDD] shares currently have an operating margin of -29.53% and a Gross Margin at 33.46%. 3D Systems Corp’s Net Margin is presently recorded at -64.06%.
Return on Equity for this stock declined to -38.40%, with Return on Assets sitting at -38.40%.
3D Systems Corp [DDD]: Institutional Ownership
The top three institutional holders of DDD stocks are: BLACKROCK INC. with ownership of 22.22 million shares, which is approximately 16.8562%. 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 5.8393%.
