| Brokerages predicts 3D Systems Co. (NYSE: DDD) will have sales of $ 163.54 million for the quarter and six analysts have already forecast the benefits of 3D Systems with the lowest sales of $ 152.64 million, The highest was $ 174 million, with 3D Systems sales of $ 165.94 million for the same period last year, up 1.4% from the same period of the previous year. The company plans to release its next quarterly results on Tuesday, Feb. 27.
Analysts, on the average, expect 3D Systems to have sales of $ 163.54 million for the quarter and an estimated $ 6250.5 million to $ 664.6 million for the full year, and analysts expect the company to report $ 653.99 million in sales next year, From $ 632.82 million to $ 66.8 billion.The average Zacks sales are based on average data from research sellers who surveyed 3D Systems. 3D Systems (NYSE: DDD) reported its quarterly results on Tuesday, October 31. The reported earnings per share for the quarter were $ 0.20, a difference of $ 0.05 from the $ 0.25 consensus of Thomson Reuters, which reported a quarterly revenue of $ 152.9 million Compared with analysts' estimate of $ 162.22 million. 3D Systems posted a net profit margin of 8.01% and a negative equity yield of 5.85%. 3D Systems reported a 2.2% drop in revenue for the quarter from a year earlier. In the same quarter last year, Earnings per share of 0.14 US dollars. Several brokerages have recently rated DDD. KeyCorp re-released its 'Hold' rating on 3D Systems shares in a research note on Friday, Oct. 6. In a research note Thursday, Nov. 9, ValuEngine Downgraded 3D Systems from 'Sell' to 'Hold'. B. Riley downgraded 3D Systems from 'neutral' to 'sell' rating and in a research report Wednesday, November 1, put the company Lowered its price target from $ 18.00 to $ 7. JPMorgan Chase & Co. lowered its target price from $ 13.00 to $ 11.00 and set a 'Neutral' rating for the company in its research note on Wednesday, November 1. Finally, Piper Jaffray Companies raised 3D Systems' low rating to 'neutral' rating and set the company a target price of $ 6.25 in a research note Monday, November 20. Six investment analysts analyzed the stock Of which 12 were holding a rating, one was given a buy rating, and one gave a strong buy rating on the company's stock The company's current average rating is 'hold', the average target price At $ 12.68. In other news, directors of G Walter Loewenbaum II bought 40,500 shares of the company during the transaction on Monday, Dec. 4. The average price of the shares was US $ 8.94 per share, with a total value of US $ 362,070.00 After the purchase, the directors now own The company, 1,053,707 shares valued at approximately $ 9,420,140.58, was disclosed in a legal document filed with the SEC, which bought 47,930 shares of the company for a total of 429,048 shares over the past three months, and currently holds 5.00% of the shares Owned by insiders. Some hedge funds recently changed their holdings of DDD shares Pictet Asset Management Ltd. canceled 294.2% of its 3D Systems shares in the third quarter Pictet Asset Management Ltd. now owns $ 34,115,000 in 3D printing company stocks totaling 2,547,720 Which added 1,901,406 shares in the previous quarter. The California Public Employees Retirement System canceled a 62.8% stake in 3D Systems in the third quarter and now owns $ 27,934,000 in 3D printing, totaling 2,086,200 shares, It purchased 805,000 shares in the first quarter, and Think Investments LP acquired a new stake in 3D Systems worth about $ 10.511 million in the third quarter. Vident Investment Consulting canceled 3D Systems' share in the third quarter to 155.0%. Vident Investment Advisory LLC now owns a total of 959,422 shares of 3D printing company worth $ 12,847,000 and bought 583,193 shares in the last quarter, and lastly, Vanguard Group Inc. raised its stake in 3D Systems by 5.2% in the second quarter. Vanguard Group Inc. currently holds 9,057,170 shares of 3D printing companies worth 169 , $ 369,000, and 446,186 shares in the last quarter. Hedge funds and other institutional investors own 61.01% of 3D Systems. The price for 3D Systems (DDD) fell as much as $ 0.23 to hit $ 10.49 during the session on Wednesday. The volume was 1,943,916 shares, with an average volume of 3,070,000 shares. The market cap was $ 1,190.00, with a price-earnings ratio of -22.80 and a beta of 1.47 The one-year low for 3D Systems was $ 7.92, at a one-year high of $ 23.70, with a company debt-to-equity ratio of 0.01, a quick ratio of 1.94 and a current ratio of 2.63. Source: 3D Tiger |
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