3D Systems Corp. (NYSE:DDD)‘s stock had its “underweight” rating restated by Piper Jaffray Cos. in a report issued on Saturday. They presently have a $10.50 price objective on the 3D printing company’s stock. Piper Jaffray Cos.’s target price points to a potential downside of 26.37% from the stock’s previous close.

DDD has been the topic of a number of other research reports. Vetr raised 3D Systems Corp. from a “strong sell” rating to a “hold” rating and set a $12.40 target price on the stock in a report on Tuesday, August 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of 3D Systems Corp. in a report on Tuesday, September 13th. Zacks Investment Research lowered 3D Systems Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 4th. Pacific Crest reaffirmed a “hold” rating on shares of 3D Systems Corp. in a report on Tuesday, September 13th. Finally, 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. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. 3D Systems Corp. has an average rating of “Hold” and a consensus price target of $15.23.

Analyst Recommendations for 3D Systems Corp. (NYSE:DDD)

Shares of 3D Systems Corp. (NYSE:DDD) traded down 3.78% on Friday, reaching $14.26. The company had a trading volume of 4,812,242 shares. The company’s 50-day moving average is $16.29 and its 200 day moving average is $14.90. The firm’s market capitalization is $1.60 billion. 3D Systems Corp. has a 12 month low of $6.00 and a 12 month high of $19.76.

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

Several large investors have recently added to or reduced their stakes in DDD. MSI Financial Services Inc boosted its stake in shares of 3D Systems Corp. by 4.3% in the third quarter. MSI Financial Services Inc now owns 15,854 shares of the 3D printing company’s stock worth $285,000 after buying an additional 658 shares during the period. Prospera Financial Services Inc bought a new stake in shares of 3D Systems Corp. during the third quarter worth approximately $534,000. Creative Planning boosted its stake in shares of 3D Systems Corp. by 3.4% in the third quarter. Creative Planning now owns 35,061 shares of the 3D printing company’s stock worth $629,000 after buying an additional 1,164 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of 3D Systems Corp. by 2.1% in the third quarter. Oregon Public Employees Retirement Fund now owns 35,678 shares of the 3D printing company’s stock worth $640,000 after buying an additional 734 shares during the period. Finally, Advisory Services Network LLC boosted its stake in shares of 3D Systems Corp. by 8.2% in the third quarter. Advisory Services Network LLC now owns 22,223 shares of the 3D printing company’s stock worth $399,000 after buying an additional 1,685 shares during the period. 50.16% of the stock is owned by institutional investors.

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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