3D Systems Corporation (NYSE:DDD) Downgraded to Sell at FBR & Co

Wall Street analysts are predicting that 3D Systems Corp (NYSE:DDD) will report earnings per share of $0.01 in their quarterly report. Seven investment analysts have rated the stock with a sell rating, twelve have given a hold rating and one has assigned a strong buy rating to the stock. 3D Systems Corporation has an average rating of Hold and a consensus target price of $13.24. Longbow upgraded the shares of DDD in report on Wednesday, July 29 to "Neutral" rating. The average stock price target is $14.10 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 11 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell. ValuEngine downgraded 3D Systems Corporation from a "hold" rating to a "sell" rating in a report on Thursday, September 28th. Finally, Piper Jaffray Companies reaffirmed a "sell" rating and set a $10.00 price objective on shares of 3D Systems Corporation in a research report on Wednesday, November 1st.

In other 3D Systems Corporation news, insider Vyomesh Joshi acquired 15,400 shares of 3D Systems Corporation stock in a transaction dated Tuesday, August 8th. Tiaa Cref Mgmt Limited Liability Company stated it has 322,402 shares or 0% of all its holdings. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Its weekly and monthly volatility is 1.07%, 1.15% respectively.

Recently, In analysts note revealed to investors and clients on 2 November, 3D Systems (NYSE:DDD) shares have had their Sell Rating restate by investment analysts at Citigroup, who now has a $8.5 price target on company. LS Investment Advisors LLC raised its holdings in shares of 3D Systems Corporation by 20.0% in the 2nd quarter. Investment Management of Virginia LLC now owns 1,906,710 shares of the 3D printing company's stock valued at $25,531,000 after acquiring an additional 328,929 shares in the last quarter. Riverhead Capital Management LLC now owns 9,926 shares of the 3D printing company's stock worth $186,000 after acquiring an additional 4,326 shares in the last quarter. Wells Fargo & Mn invested in 923,175 shares or 0.01% of the stock.

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Investors and Traders continue to monitor technical levels of shares of 3D Systems Corporation (DDD). 2,979,400 shares of the stock were exchanged, compared to its average volume of 2,673,862.

With a total market value of $0, 3D Systems DDD has 52 week low of $11.38 and a 52 week high of $23.70.

Shares of 3D Systems Corporation (NYSE DDD) traded down $0.12 during mid-day trading on Tuesday, hitting $8.28. However a year ago for the same quarter the company has reported $0.15 EPS. 3D Systems Corporation had a negative net margin of 8.01% and a negative return on equity of 5.85%. The business had revenue of $152.90 million for the quarter, compared to analysts' expectations of $162.22 million. Total debt to equity ratio of the company for most recent quarter is 0.01 whereas long term debt to equity ratio for most recent quarter is 0.01. 3D Systems Corporation's revenue for the quarter was down 2.2% on a year-over-year basis. analysts anticipate that 3D Systems Corporation will post 0.19 earnings per share for the current fiscal year.

3D Systems Corporation is a holding company. The Firm provides three-dimensional printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. The Company's precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.