Brokers Issue Forecasts for 3D Systems FY2025 Earnings

3D Systems Co. (NYSE:DDD - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of 3D Systems in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen forecasts that the 3D printing company will post earnings per share of ($0.45) for the year. The consensus estimate for 3D Systems' current full-year earnings is ($0.73) per share.

DDD has been the subject of several other reports. StockNews.com upgraded 3D Systems from a "sell" rating to a "hold" rating in a research note on Thursday, November 28th. Weiss Ratings reiterated a "sell (e+)" rating on shares of 3D Systems in a research report on Saturday. Needham & Company LLC reissued a "hold" rating on shares of 3D Systems in a report on Wednesday, January 15th. Finally, Craig Hallum raised shares of 3D Systems to a "hold" rating in a report on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $3.25.

3D Systems Stock Performance

Shares of DDD traded down $0.09 during mid-day trading on Wednesday, hitting $3.06. 1,060,296 shares of the company's stock were exchanged, compared to its average volume of 1,957,012. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97. The firm has a market cap of $414.32 million, a price-to-earnings ratio of -0.77 and a beta of 1.61. The stock's 50-day simple moving average is $3.26 and its 200-day simple moving average is $3.05. 3D Systems has a 52 week low of $1.72 and a 52 week high of $5.75.

3D Systems (NYSE:DDD - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The 3D printing company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.02). 3D Systems had a negative return on equity of 26.72% and a negative net margin of 117.65%.

Institutional Trading of 3D Systems

Several institutional investors and hedge funds have recently made changes to their positions in DDD. Point72 DIFC Ltd bought a new position in 3D Systems during the third quarter valued at approximately $25,000. Murchinson Ltd. bought a new position in shares of 3D Systems during the 3rd quarter valued at $28,000. Blue Trust Inc. raised its position in 3D Systems by 411.6% in the 4th quarter. Blue Trust Inc. now owns 10,006 shares of the 3D printing company's stock worth $33,000 after purchasing an additional 8,050 shares during the period. HighTower Advisors LLC bought a new stake in 3D Systems in the third quarter worth $31,000. Finally, Inspire Investing LLC purchased a new stake in 3D Systems during the second quarter valued at about $35,000. Hedge funds and other institutional investors own 64.49% of the company's stock.

Insider Buying and Selling

In related news, CEO Jeffrey A. Graves purchased 60,000 shares of the firm's stock in a transaction dated Tuesday, December 17th. The shares were purchased at an average cost of $3.85 per share, for a total transaction of $231,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,091,782 shares in the company, valued at approximately $4,203,360.70. This represents a 5.82 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Charles W. Hull sold 115,971 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $3.86, for a total transaction of $447,648.06. Following the sale, the executive vice president now directly owns 331,955 shares in the company, valued at $1,281,346.30. This trade represents a 25.89 % decrease in their position. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by insiders.

About 3D Systems

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.