3D Systems Corporation (NYSE:DDD) : Zacks Investment Research ranks 3D Systems Corporation (NYSE:DDD) as 5, which is a Strong Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 3.29, which indicates as a Hold.
3D Systems Corporation (NYSE:DDD) : 9 investment research analysts covering 3D Systems Corporation (NYSE:DDD) have an average price target of $13.61 for the near short term. The highest target price given by the Brokerage Firm to the stock is $25 and the lowest target is $9 for the short term. Analysts expect the variance to be within $5.01 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, FBR Capital initiates coverage on 3D Systems Corporation (NYSE:DDD). FBR Capital has a Market Perform rating on the shares. The rating by the firm was issued on May 24, 2016.
3D Systems Corporation (NYSE:DDD): stock turned positive on Tuesday. Though the stock opened at $12.11, the bulls momentum made the stock top out at $12.44 level for the day. The stock recorded a low of $11.82 and closed the trading day at $12.33, in the green by 5.66%. The total traded volume for the day was 2,654,402. The stock had closed at $11.67 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of 3d Systems Corp, Loewenbaum G Walter Ii, had purchased 20,000 shares in a transaction dated on May 12, 2016. The transaction was executed at $12.07 per share with total amount equaling $241,400.
3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions, including 3D printers, print materials and cloud sourced custom parts. Its healthcare solutions include end-to-end simulation, training and planning and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. It also provides software and haptic and perceptual devices for design, including 3D digital design, scan-to-computer-aided design (CAD), scan-to-print, reverse engineering, inspection, sculpting and medical modeling and simulation applications. For its healthcare customers it also offers virtual surgical planning and medical modeling services, digitizing scanners and simulation products. The Company operates in the Americas, Europe, the Middle East and the Asia Pacific regions.