News stories about 3D Systems Corporation (NYSE:DDD) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. 3D Systems Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the 3D printing company an impact score of 45.5523301617634 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- (DDD) Shares now down at $12.50 CSM Bakery Solutions and 3D Systems… – Modern Readers (modernreaders.com)
- 3D Systems Corporation (NYSE:DDD) Stock Closed -22.6% Below Its 50 Day Average – Modern Readers (modernreaders.com)
- CSM Bakery Solutions and 3D Systems Announce Agreement to Bring 3D Print Designs to the Food Industry (finance.yahoo.com)
- 3D Systems Corporation (DDD) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- Trending Stock Buzz: 3D Systems Corp (DDD)Post Registrar | Post … – Post Registrar (postregistrar.com)
Several equities research analysts have issued reports on DDD shares. Zacks Investment Research downgraded 3D Systems Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Jefferies Group LLC increased their price target on 3D Systems Corporation from $15.00 to $17.50 and gave the stock a “hold” rating in a report on Thursday, May 4th. FBR & Co restated a “hold” rating and issued a $18.00 price target on shares of 3D Systems Corporation in a report on Friday, May 5th. Piper Jaffray Companies increased their price target on 3D Systems Corporation from $11.00 to $14.00 and gave the stock an “underweight” rating in a report on Wednesday, May 24th. Finally, Canaccord Genuity restated a “hold” rating and issued a $15.00 price target on shares of 3D Systems Corporation in a report on Friday, May 26th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. 3D Systems Corporation presently has a consensus rating of “Hold” and a consensus price target of $17.00.
3D Systems Corporation (NYSE:DDD) last issued its quarterly earnings data on Wednesday, August 2nd. The 3D printing company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by $0.04. The company had revenue of $159.47 million for the quarter, compared to the consensus estimate of $163.01 million. 3D Systems Corporation had a positive return on equity of 1.69% and a negative net margin of 5.39%. The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.12 earnings per share. On average, equities research analysts predict that 3D Systems Corporation will post $0.44 earnings per share for the current year.
In other news, Director G Walter Loewenbaum II sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $22.29, for a total value of $557,250.00. Following the transaction, the director now owns 1,007,106 shares in the company, valued at approximately $22,448,392.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Andrew Martin Johnson sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $21.19, for a total value of $211,900.00. Following the completion of the transaction, the executive vice president now owns 241,666 shares in the company, valued at approximately $5,120,902.54. The disclosure for this sale can be found here. Insiders have sold a total of 77,500 shares of company stock valued at $1,667,675 over the last three months. Corporate insiders own 5.00% of the company’s stock.
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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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