3D Systems Corporation (DDD) Receiving Somewhat Favorable Press Coverage, Study Shows
News stories about 3D Systems Corporation (NYSE:DDD) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. 3D Systems Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the 3D printing company an impact score of 46.4912336028041 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Technical Indicators under Review: 3D Systems Corporation (NYSE: DDD) – Alpha Beta Stock (alphabetastock.com)
- 3D Systems Corporation (NYSE:DDD) Reports Availability Of Figure 4™ (financialstrend.com)
- 3D Systems Corporation (DDD) Raised to Neutral at Piper Jaffray Companies (americanbankingnews.com)
- Does 3D Systems Corporation’s (DDD) Debt Level Pose A Serious Problem? (finance.yahoo.com)
- 3D Systems: Competition’s Tough, New Product Could Help, Says Piper (finance.yahoo.com)
A number of equities research analysts recently commented on DDD shares. Bank of America Corporation downgraded shares of 3D Systems Corporation from a “buy” rating to an “underperform” rating and raised their price objective for the company from $9.63 to $12.38 in a research report on Wednesday, November 1st. Zacks Investment Research raised shares of 3D Systems Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. Citigroup Inc. dropped their target price on shares of 3D Systems Corporation from $13.00 to $8.50 and set a “sell” rating for the company in a report on Thursday, November 2nd. Piper Jaffray Companies reaffirmed a “sell” rating and issued a $10.00 target price on shares of 3D Systems Corporation in a report on Wednesday, November 1st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $11.00 target price (down from $15.00) on shares of 3D Systems Corporation in a report on Wednesday, November 1st. Six analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $12.97.
3D Systems Corporation (DDD) opened at $8.85 on Thursday. The company has a current ratio of 2.63, a quick ratio of 1.94 and a debt-to-equity ratio of 0.01. 3D Systems Corporation has a 1-year low of $7.92 and a 1-year high of $23.70.
3D Systems Corporation (NYSE:DDD) last posted its earnings results on Tuesday, October 31st. The 3D printing company reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.25). 3D Systems Corporation had a negative net margin of 8.01% and a negative return on equity of 5.85%. The business had revenue of $152.90 million for the quarter, compared to analyst estimates of $162.22 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The business’s revenue was down 2.2% compared to the same quarter last year. research analysts forecast that 3D Systems Corporation will post -0.3 earnings per share for the current year.
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3D Systems Corporation Company Profile
3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.
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