In today’s session 3D Systems Corporation (DDD) recorded an unusually high (139) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious DDD decrease. With 139 contracts traded and 14454 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: DDD170120P00015000 closed last at: $1.17 or 10.7% down. The stock increased 1.34% or $0.2 on November 23, hitting $15.12. About 2.06M shares traded hands. 3D Systems Corporation (NYSE:DDD) has declined 18.53% since April 22, 2016 and is downtrending. It has underperformed by 23.94% the S&P500.
Analysts await 3D Systems Corporation (NYSE:DDD) to report earnings on March, 13. They expect $0.04 EPS, down 75.00% or $0.12 from last year’s $0.16 per share. DDD’s profit will be $4.58 million for 94.50 P/E if the $0.04 EPS becomes a reality. After $0.09 actual EPS reported by 3D Systems Corporation for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.
3D Systems Corporation (NYSE:DDD) Ratings Coverage
Out of 14 analysts covering 3D Systems Corporation (NYSE:DDD), 3 rate it a “Buy”, 4 “Sell”, while 7 “Hold”. This means 21% are positive. 3D Systems Corporation has been the topic of 32 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating by UBS given on Tuesday, January 26. The stock of 3D Systems Corporation (NYSE:DDD) earned “Underweight” rating by Piper Jaffray on Monday, July 18. JP Morgan downgraded 3D Systems Corporation (NYSE:DDD) on Tuesday, March 15 to “Underweight” rating. Citigroup downgraded the stock to “Sell” rating in Friday, April 15 report. The stock has “Hold” rating given by Canaccord Genuity on Friday, January 15. Stifel Nicolaus maintained 3D Systems Corporation (NYSE:DDD) on Friday, August 7 with “Hold” rating. Longbow upgraded the shares of DDD in a report on Wednesday, July 29 to “Neutral” rating. Needham maintained 3D Systems Corporation (NYSE:DDD) on Thursday, November 5 with “Buy” rating. The firm has “Overweight” rating given on Thursday, December 17 by Stephens. The company was maintained on Monday, January 25 by Jefferies.
According to Zacks Investment Research, “3D Systems Corp. is a leading provider of 3-D Modeling, Rapid Prototyping and Manufacturing solutions. Its systems and materials reduce the time and cost of designing products and facilitate direct and indirect manufacturing by creating actual parts directly from digital input. These solutions are used for design communication and prototyping well as for production of functional end-use parts: Transform your products.”
Insitutional Activity: The institutional sentiment increased to 1.09 in Q2 2016. Its up 0.16, from 0.93 in 2016Q1. The ratio increased, as 24 funds sold all 3D Systems Corporation shares owned while 73 reduced positions. 15 funds bought stakes while 75 increased positions. They now own 54.83 million shares or 2.27% more from 53.61 million shares in 2016Q1.
Northern Trust last reported 0.01% of its portfolio in the stock. Cortina Asset Ltd Limited Liability Company last reported 0.07% of its portfolio in the stock. Daiwa Securities Group Incorporated Incorporated accumulated 0.01% or 73,400 shares. Commonwealth Of Pennsylvania School Empls Retrmt holds 0.01% of its portfolio in 3D Systems Corporation (NYSE:DDD) for 20,487 shares. Bessemer Grp last reported 200 shares in the company. California State Teachers Retirement Systems last reported 225,032 shares in the company. Moreover, Dimensional Fund Advsr Lp has 0% invested in 3D Systems Corporation (NYSE:DDD) for 201,927 shares. Great West Life Assurance Commerce Can, a Manitoba – Canada-based fund reported 9,379 shares. Ironwood Fin Ltd Liability accumulated 0% or 110 shares. Moreover, Raymond James Associates has 0.01% invested in 3D Systems Corporation (NYSE:DDD) for 118,065 shares. Pitcairn last reported 30,440 shares in the company. Proshare Advsr Ltd Com has 25,540 shares for 0% of their US portfolio. Private Asset Incorporated reported 15,000 shares or 0.04% of all its holdings. Ameritas Inv Inc holds 25,192 shares or 0.02% of its portfolio. Endurance Wealth Management last reported 6,025 shares in the company.
3D Systems Corporation is a holding company. The company has a market cap of $1.73 billion. The Firm provides three-dimensional services and products, including 3D printers, print materials, parts services and digital design and manufacturing tools. It currently has negative earnings. The Company’s ecosystem supports applications from the product design shop to the factory floor to the operating room.
DDD Company Profile
3D Systems Corporation, incorporated on May 14, 1993, is a holding company. The Firm provides three-dimensional (3D) services and products, including 3D printers, print materials, parts services and digital design and manufacturing tools. The Company’s ecosystem supports applications from the product design shop to the factory floor to the operating room. The Company’s precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices, as well as patient-specific surgical instruments. The Company’s clients can use 3D printing to design and manufacture parts. The Company’s clients include companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy and healthcare.
More important recent 3D Systems Corporation (NYSE:DDD) news were published by: Fool.com which released: “3D Systems vs. Stratasys: Which 3D Printing Company Had the Better Q3 Earnings …” on November 23, 2016, also Fool.com published article titled: “Why 3D Systems Corporation Stock Popped Today”, Nasdaq.com published: “Earnings Reaction History: 3D Systems Corporation, 66.7% Follow-Through …” on November 03, 2016. More interesting news about 3D Systems Corporation (NYSE:DDD) was released by: Fool.com and their article: “2 Critical Takeaways From 3D Systems’ Q3 Earnings Call” with publication date: November 09, 2016.
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