Shares of 3D Systems Corp. (NYSE:DDD) have earned a consensus recommendation of “Hold” from the eighteen brokerages that are currently covering the firm. Four equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $15.38.

DDD has been the topic of several analyst reports. Vetr cut 3D Systems Corp. from a “sell” rating to a “strong sell” rating and set a $13.10 target price on the stock. in a research report on Monday, July 18th. Bank of America Corp. set a $25.00 price objective on 3D Systems Corp. and gave the stock a “buy” rating in a research report on Tuesday, September 13th. Piper Jaffray Cos. cut 3D Systems Corp. from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $12.00 to $10.50 in a research report on Monday, July 18th. JPMorgan Chase & Co. reissued a “sell” rating on shares of 3D Systems Corp. in a research report on Wednesday, July 20th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $14.00 price objective on shares of 3D Systems Corp. in a research report on Tuesday, September 13th.

Institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its position in 3D Systems Corp. by 0.3% in the second quarter. Janney Montgomery Scott LLC now owns 76,814 shares of the 3D printing company’s stock worth $668,000 after buying an additional 217 shares during the last quarter. State Treasurer State of Michigan boosted its position in 3D Systems Corp. by 1.2% in the second quarter. State Treasurer State of Michigan now owns 42,700 shares of the 3D printing company’s stock worth $585,000 after buying an additional 500 shares during the last quarter. Stifel Financial Corp boosted its position in 3D Systems Corp. by 2.8% in the second quarter. Stifel Financial Corp now owns 18,573 shares of the 3D printing company’s stock worth $255,000 after buying an additional 502 shares during the last quarter. M&T Bank Corp boosted its position in 3D Systems Corp. by 5.5% in the first quarter. M&T Bank Corp now owns 11,773 shares of the 3D printing company’s stock worth $182,000 after buying an additional 612 shares during the last quarter. Finally, Aperio Group LLC boosted its position in 3D Systems Corp. by 4.1% in the first quarter. Aperio Group LLC now owns 19,331 shares of the 3D printing company’s stock worth $299,000 after buying an additional 763 shares during the last quarter. Hedge funds and other institutional investors own 50.16% of the company’s stock.

Shares of 3D Systems Corp. (NYSE:DDD) opened at 18.32 on Monday. The firm’s market capitalization is $2.06 billion. 3D Systems Corp. has a 12-month low of $6.00 and a 12-month high of $19.76. The stock’s 50 day moving average price is $16.14 and its 200 day moving average price is $14.82.

3D Systems Corp. (NYSE:DDD) last announced its earnings results on Wednesday, August 3rd. The 3D printing company reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.06. The company had revenue of $158.10 million for the quarter, compared to analysts’ expectations of $161.01 million. 3D Systems Corp. had a positive return on equity of 1.55% and a negative net margin of 100.84%. 3D Systems Corp.’s quarterly revenue was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 earnings per share. Equities research analysts expect that 3D Systems Corp. will post $0.39 earnings per share for the current year.

3D Systems Corp. Company Profile

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room.

5 Day Chart for NYSE:DDD

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