Is 3D Systems Stock a Good Investment?
3D Systems Investment Advice | DDD |
- Examine 3D Systems' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research 3D Systems' leadership team and their track record. Good management can help 3D Systems navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact 3D Systems' business and its evolving consumer preferences.
- Compare 3D Systems' performance and market position to its competitors. Analyze how 3D Systems is positioned in terms of product offerings, innovation, and market share.
- Check if 3D Systems pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about 3D Systems' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in 3D Systems stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if 3D Systems is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine 3D Systems Stock
Researching 3D Systems' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 55.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.2. Some equities with similar Price to Book (P/B) outperform the market in the long run. 3D Systems has Price/Earnings To Growth (PEG) ratio of 2.98. The entity recorded a loss per share of 2.67. The firm had not issued any dividends in recent years. 3D Systems had 3:2 split on the 25th of February 2013.
To determine if 3D Systems is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding 3D Systems' research are outlined below:
| 3D Systems is way too risky over 90 days horizon | |
| 3D Systems appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 488.07 M. Reported Net Loss for the year was (370.43 M) with profit before taxes, overhead, and interest of 214.23 M. | |
| 3D Systems has about 388.13 M in cash with (80.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 55.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: 3D Systems Q3 2024 Earnings Preview |
3D Systems Quarterly Liabilities And Stockholders Equity |
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3D Systems uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in 3D Systems. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to 3D Systems' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact 3D Systems' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises 3D Systems' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2021-03-01 | 2020-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2020-05-06 | 2020-03-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2019-10-30 | 2019-09-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2018-10-30 | 2018-09-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2015-05-06 | 2015-03-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2009-08-03 | 2009-06-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2005-03-01 | 2004-12-31 | 0.08 | 0.07 | -0.01 | 12 |
Know 3D Systems' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as 3D Systems is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 3D Systems backward and forwards among themselves. 3D Systems' institutional investor refers to the entity that pools money to purchase 3D Systems' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 1.2 M | Silverberg Bernstein Capital Management Llc | 2024-09-30 | 1.2 M | Royal Bank Of Canada | 2024-06-30 | 1.1 M | First Trust Advisors L.p. | 2024-06-30 | 1.1 M | Pinnacle Associates Inc | 2024-09-30 | 1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1 M | Sumitomo Mitsui Trust Group Inc | 2024-09-30 | 993.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 992 K | Nikko Asset Management Americas Inc | 2024-06-30 | 877 K | Blackrock Inc | 2024-06-30 | 22.2 M | State Street Corp | 2024-06-30 | 7.7 M |
3D Systems' market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 455.49 M.Market Cap |
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3D Systems' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.45) | (0.42) | |
| Return On Capital Employed | (0.48) | (0.46) | |
| Return On Assets | (0.37) | (0.35) | |
| Return On Equity | (0.85) | (0.81) |
Determining 3D Systems' profitability involves analyzing its financial statements and using various financial metrics to determine if 3D Systems is a good buy. For example, gross profit margin measures 3D Systems' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of 3D Systems' profitability and make more informed investment decisions.
3D Systems' Earnings Breakdown by Geography
Please note, the presentation of 3D Systems' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 3D Systems' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 3D Systems' management manipulating its earnings.
Evaluate 3D Systems' management efficiency
3D Systems has Return on Asset of (0.0544) % which means that on every $100 spent on assets, it lost $0.0544. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6345) %, meaning that it generated no profit with money invested by stockholders. 3D Systems' management efficiency ratios could be used to measure how well 3D Systems manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.42. The current year's Return On Capital Employed is expected to grow to -0.46. At present, 3D Systems' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 38.4 M, whereas Intangible Assets are forecasted to decline to about 55.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.30 | 2.45 | |
| Tangible Book Value Per Share | 1.92 | 1.18 | |
| Enterprise Value Over EBITDA | (2.85) | (2.70) | |
| Price Book Value Ratio | 1.93 | 1.84 | |
| Enterprise Value Multiple | (2.85) | (2.70) | |
| Price Fair Value | 1.93 | 1.84 | |
| Enterprise Value | 751.7 M | 414.1 M |
Management at 3D Systems focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta 1.654 |
Basic technical analysis of DDD Stock
As of the 28th of November, 3D Systems owns the Coefficient Of Variation of 964.26, market risk adjusted performance of 0.1955, and Standard Deviation of 5.66. 3D Systems technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm 3D Systems mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if 3D Systems is priced fairly, providing market reflects its prevailing price of 2.95 per share. Please also double-check 3D Systems total risk alpha, which is currently at (0.31) to validate the company can sustain itself sooner or later.3D Systems' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 3D Systems insiders, such as employees or executives, is commonly permitted as long as it does not rely on 3D Systems' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases 3D Systems insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
3D Systems' Outstanding Corporate Bonds
3D Systems issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. 3D Systems uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most DDD bonds can be classified according to their maturity, which is the date when 3D Systems has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand 3D Systems' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing 3D Systems' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0879 | |||
| Market Risk Adjusted Performance | 0.1955 | |||
| Mean Deviation | 4.27 | |||
| Semi Deviation | 4.77 | |||
| Downside Deviation | 5.13 | |||
| Coefficient Of Variation | 964.26 | |||
| Standard Deviation | 5.66 | |||
| Variance | 31.99 | |||
| Information Ratio | 0.0807 | |||
| Jensen Alpha | 0.2024 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0889 | |||
| Treynor Ratio | 0.1855 | |||
| Maximum Drawdown | 31.04 | |||
| Value At Risk | (6.21) | |||
| Potential Upside | 11.73 | |||
| Downside Variance | 26.32 | |||
| Semi Variance | 22.71 | |||
| Expected Short fall | (5.12) | |||
| Skewness | 0.0487 | |||
| Kurtosis | 0.9398 |
| Risk Adjusted Performance | 0.0879 | |||
| Market Risk Adjusted Performance | 0.1955 | |||
| Mean Deviation | 4.27 | |||
| Semi Deviation | 4.77 | |||
| Downside Deviation | 5.13 | |||
| Coefficient Of Variation | 964.26 | |||
| Standard Deviation | 5.66 | |||
| Variance | 31.99 | |||
| Information Ratio | 0.0807 | |||
| Jensen Alpha | 0.2024 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0889 | |||
| Treynor Ratio | 0.1855 | |||
| Maximum Drawdown | 31.04 | |||
| Value At Risk | (6.21) | |||
| Potential Upside | 11.73 | |||
| Downside Variance | 26.32 | |||
| Semi Variance | 22.71 | |||
| Expected Short fall | (5.12) | |||
| Skewness | 0.0487 | |||
| Kurtosis | 0.9398 |
Consider 3D Systems' intraday indicators
3D Systems intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of 3D Systems stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
3D Systems Corporate Filings
8K | 26th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 4th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 7th of October 2024 Other Reports | ViewVerify |
DDD Stock media impact
Far too much social signal, news, headlines, and media speculation about 3D Systems that are available to investors today. That information is available publicly through DDD media outlets and privately through word of mouth or via DDD internal channels. However, regardless of the origin, that massive amount of DDD data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of 3D Systems news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of 3D Systems relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to 3D Systems' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive 3D Systems alpha.
3D Systems Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards 3D Systems can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
3D Systems Historical Investor Sentiment
Investor biases related to 3D Systems' public news can be used to forecast risks associated with an investment in DDD. The trend in average sentiment can be used to explain how an investor holding DDD can time the market purely based on public headlines and social activities around 3D Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
3D Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for 3D Systems and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average 3D Systems news discussions. The higher the estimate score, the more favorable the investor's outlook on 3D Systems.
3D Systems Corporate Directors
| Vansant Padmanabhan | Independent Director | Profile | |
| William Humes | Independent Director | Profile | |
| Jimmy Kever | Independent Director | Profile | |
| Thomas Erickson | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3D Systems. If investors know DDD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.67) | Revenue Per Share 3.476 | Quarterly Revenue Growth (0.12) | Return On Assets (0.05) | Return On Equity (0.63) |
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between 3D Systems' value and its price, as these two are different measures arrived at by various means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.