Brokerages Set 3D Systems Co. (NYSE:DDD) PT at $3.67

3D Systems Co. (NYSE:DDDGet Free Report) has received an average rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $3.67.

Several brokerages have recently issued reports on DDD. Cantor Fitzgerald lowered their price target on shares of 3D Systems from $5.75 to $5.00 and set an “overweight” rating for the company in a report on Friday, March 28th. Needham & Company LLC reiterated a “hold” rating on shares of 3D Systems in a report on Wednesday, May 14th. StockNews.com upgraded shares of 3D Systems from a “sell” rating to a “hold” rating in a report on Thursday, May 8th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of 3D Systems in a report on Saturday, May 10th.

Read Our Latest Stock Report on DDD

Institutional Trading of 3D Systems

Several institutional investors have recently modified their holdings of DDD. Nuveen LLC bought a new stake in shares of 3D Systems in the first quarter worth $3,528,000. Icon Advisers Inc. Co. bought a new stake in shares of 3D Systems in the fourth quarter worth $5,248,000. Penn Capital Management Company LLC bought a new stake in shares of 3D Systems in the fourth quarter worth $5,214,000. Two Sigma Advisers LP grew its stake in shares of 3D Systems by 553.9% in the fourth quarter. Two Sigma Advisers LP now owns 1,436,600 shares of the 3D printing company’s stock worth $4,712,000 after purchasing an additional 1,216,900 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of 3D Systems by 172.2% in the fourth quarter. Two Sigma Investments LP now owns 1,492,071 shares of the 3D printing company’s stock worth $4,894,000 after purchasing an additional 944,010 shares during the last quarter. Institutional investors own 64.49% of the company’s stock.

3D Systems Stock Up 3.9%

Shares of NYSE:DDD opened at $1.74 on Friday. The company has a fifty day moving average of $2.13 and a 200-day moving average of $3.02. The company has a market capitalization of $236.68 million, a PE ratio of -0.44 and a beta of 1.94. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. 3D Systems has a 52-week low of $1.65 and a 52-week high of $5.00.

3D Systems Company Profile

(Get Free Report

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.

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Analyst Recommendations for 3D Systems (NYSE:DDD)

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