Free Trial

Desktop Metal (DM) Projected to Post Quarterly Earnings on Friday

Desktop Metal logo with Industrial Products background
Remove Ads

Desktop Metal (NYSE:DM - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $44.10 million for the quarter.

Desktop Metal Price Performance

DM opened at $2.05 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 2.34. The stock has a market capitalization of $68.38 million, a PE ratio of -0.18 and a beta of 0.70. The stock's 50 day moving average price is $2.38 and its 200-day moving average price is $3.60. Desktop Metal has a 52-week low of $1.84 and a 52-week high of $11.80.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Desktop Metal from a "hold" rating to a "sell" rating in a research note on Friday, February 7th.

Check Out Our Latest Report on Desktop Metal

About Desktop Metal

(Get Free Report)

Desktop Metal, Inc manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing.

Featured Articles

Earnings History for Desktop Metal (NYSE:DM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Desktop Metal Right Now?

Before you consider Desktop Metal, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Desktop Metal wasn't on the list.

While Desktop Metal currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Will Tesla’s Robot Future Save Its Falling Stock?

Will Tesla’s Robot Future Save Its Falling Stock?

Tesla’s Future Is Robots, Not EVs? Renowned tech expert Jeff Brown shares why he believes Tesla’s biggest business will be robotics, not electric vehicles.

Related Videos

NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last
Is There Still Money in AI? How to Invest in the Next Big Wave
Tesla Sinks on Musk Drama—Bounce or Bigger Crash?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads