(VIANEWS) – Three D Systems’s (NYSE:DDD) shares saw their value drop 12.13% at 14:00 EST Wednesday afternoon after strong gains were realized the prior day, pushing down the broad NYSE market by 0.65% to EUR14,928.39.
3D Systems’ trading volume fell 3.2 million shares below its 50-day average volume of 2.8 million.
About 3D Systems
3D Systems Corporation is an industry-leading provider of 3D printing and digital manufacturing solutions worldwide, offering stereolithography, selective laser sintering, direct metal printing and more as its 3D printer technologies. 3D Systems offers custom print materials such as plastic, nylon, metal and biocompatible materials for product creation and biocompatibility. Furthermore, digital design tools including software scanners haptic devices as well as solutions for product design simulation and inspection services are offered by 3D Systems. 3D Systems serves a diverse set of industries, from healthcare and dentistry, automotive, aerospace and more through direct sales, channel partners and appointed distributors. Established in 1986 and headquartered in Rock Hill, South Carolina.
Yearly Analysis
Based on the provided data, investors can anticipate a mixed outlook for 3D Systems stock. At present, its trading below its 52-week high suggests it may have been overvalued; yet at higher than its 52-week low level it suggests it may have been undervalued in the past.
Investors may be alarmed at this company’s projected negative sales growth for this year. But next year is forecasted to show some improvement with growth at 7.2% indicating it may be turning around.
Negative EBITDA of -58.28 indicates that this company is currently unprofitable, creating a risk for investors as non-profitable businesses may struggle to remain viable over the longer term.
Overall, investors should approach 3D Systems’ stock with caution. Although its negative sales growth and EBITDA figures may cause concern, its current valuation could provide opportunities for those who believe in its long-term potential. It is important to fully consider all of the associated risks when considering investing in an unprofitable and deteriorating company before making any final investment decisions.
Technical Analysis
3D Systems, one of the premier providers of 3D printing solutions, has experienced a notable decrease in stock prices recently. Their current value falls significantly below both their 50-day and 200-day moving averages, signalling a downward trend.
However, its trading volume has seen an impressive 21% surge from its average volume – reflecting increased investor enthusiasm – while volatility remains relatively low; with average intraday variance being 1.444% last week and month and 3.022% over quarter.
The stochastic oscillator, a popular technical indicator, has identified 3D Systems’s stock as overbought with an oscillator reading of 80 or higher. This indicates that 3D Systems could be due for a pullback which presents investors with an investment opportunity.
Overall, 3D Systems’s current stock price shows mixed signals: declining prices with high volatility but also strong investor interest and potential buying opportunities. Before making trading decisions based on this stock’s performance alone, investors should carefully evaluate their personal investment goals and risk tolerance before making their choice.
Quarter Analysis
Based on the available information, here is an investment outlook for 3D Systems:
Sales Growth:
The current quarter’s sales growth stands at negative 4.5%, which indicates an overall decrease in sales. However, next quarter is projected to experience 10.9% sales growth which suggests a possible upswing.
Growth Estimates Quarters:
For the current quarter, company projections show negative 20% growth estimates; however, estimates for next quarter indicate 100% potential for increase.
Revenue Growth: Quarter-on-Quarter revenue growth has fallen 8.5% year over year, which indicates a decline in overall revenues over time. Yet revenues for twelve trailing months still stand at 514.42M which remains an impressive amount.
Overall, 3D Systems’ short-term investment outlook appears positive with strong growth potential over the next quarter. However, investors should carefully evaluate its financial performance and future growth prospects before making any investment decisions.
Equity Analysis
Based on available information, 3D Systems currently has an earnings per share (EPS) figure of EUR-0.94. This indicates that it is not currently making profits and should be taken into consideration when assessing future returns on their investments.
Furthermore, the company’s return on equity (ROE) for the twelve trailing months stands at negative -16.22%; this indicates that their shareholder equity isn’t being utilized effectively to generate profits, which should raise red flags with investors.
Overall, 3D Systems does not present a great investment opportunity at present; investors should examine other factors first – such as its growth prospects, industry trends and competitive landscape – before making their final decision about investing.
More news about 3D Systems (DDD).
