3D Systems Corporation (DDD) is Initiated by FBR Capital to Mkt Perform, Price Target at $14.50

3D Systems Corporation (DDD) was Initiated by FBR Capital to “Mkt Perform” and the brokerage firm has set the Price Target at $14.50. FBR Capital advised their investors in a research report released on May 24, 2016.

Many Wall Street Analysts have commented on 3D Systems Corporation. 3D Systems Corporation was Downgraded by Needham to ” Hold” on Apr 26, 2016. 3D Systems Corporation was Downgraded by Citigroup to ” Sell” on Apr 15, 2016. 3D Systems Corporation was Upgraded by BofA/Merrill to ” Buy” on Apr 14, 2016.

On the company’s financial health, 3D Systems Corporation reported $0.05 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $0.05. The company had revenue of $152.60 million for the quarter, compared to analysts expectations of $155.39 million. The company’s revenue was down -5.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.05 EPS.

3D Systems Corporation opened for trading at $12.28 and hit $12.42 on the upside on Friday, eventually ending the session at $12.29, with a gain of 0.33% or 0.04 points. The heightened volatility saw the trading volume jump to 34,10,128 shares. Company has a market cap of $1,377 M.

In a different news, on May 13, 2016, G Walter Ii Loewenbaum (director) purchased 20,000 shares at $12.07 per share price. According to the SEC, on Sep 10, 2015, Andrew Martin Johnson (EVP, Chief Legal Officer & Sec) sold 8,000 shares at $13.32 per share price. On Sep 4, 2015, Kevin S Moore (director) purchased 6,000 shares at $12.94 per share price, according to the Form-4 filing with the securities and exchange commission.

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.

3D Systems Corporation

Leave a Reply

3D Systems Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on 3D Systems Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.