Analyst Ratings for 3D Systems Corp. (DDD)Updated: 2017-07-27
An average rating of Hold has been given to 3D Systems Corp. (NYSE:DDD) by analysts covering the stock. Last month, DDD received an average rating of Hold.
Of the 19 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 13 gave a hold rating, 0 gave an underweight rating, and 4 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for DDD. The most optimistic analyst gave a price target of 23, implying a possible profit of 36.01 percent. The minimum price target given was 12, implying potential capital losses of -29.04 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -16.67 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.96 percent. If we look at the last 90 days instead, we find a net average change of -18.55 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
DDD has traded between a high of 23.70 and a low of 11.98 over the past year. Currently the stock is 41.15 percent higher than its low, and 28.65 percent lower than its 52-week high. DDD has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The DDD value stock report compares DDD to some of its peers using value stock charts. The stock has a market capitalization of $1.95 billion. DDD's next earnings release will be on 0000-00-00, which is days away.