3D Systems Co. (DDD) Given New $19.00 Price Target by Barclays Capital (BCS) Analysts.
Friday, August 26, 2021 12:15 PM

Equities research analysts at Barclays Capital (NYSE: BCS) lowered their price target on shares of 3D Systems Co. (NYSE: DDD) from $23.00 to $19.00 in a research note to investors on Friday. The analysts currently have an "equal weight" rating on the stock.

Separately, analysts at Needham & Company cut their price target on shares of 3D Systems Co. from $28.00 to $26.00 in a research note to investors on Friday, July 29th. They now have a "buy" rating on the stock.

Shares of 3D Systems Co. traded up 2.46% during mid-day trading on Monday, hitting $16.67. 3D Systems Co. has a 52 week low of $14.83 and a 52 week high of $27.28. The stock's 50-day moving average is $20.50 and its 200-day moving average is $19.66. The company has a market cap of $840.9 million and a price-to-earnings ratio of 22.76.

3D Systems Co. last announced its quarterly results on Thursday, July 28th. The company reported $0.26 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.15 EPS by $0.11. The company’s quarterly revenue was up 57.0% on a year-over-year basis. On average, analysts predict that 3D Systems Co. will post $0.22 EPS next quarter.

3D Systems Corporation (3D Systems) is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region. 3D Systems design, develop, manufacture, market and service a portfolio of three-dimensional (3D) printers and related products, print materials and services. It is a provider of 3D content-to-print solutions, including personal, professional and production 3D printers, print materials and custom parts services. These solutions are used to design, communicate, prototype and produce functional end-use parts. The Company’s principal print engines include stereolithography (SLA) printers, selective laser sintering (SLS) printers, multi-jet modeling (MJM) printers, film transfer imaging (FTI) printers, selective laser melting (SLM) printers and plastic jet printers (PJP). In April 2011, 3D Systems acquired SYCODE Software Solutions. In March 2011, the Company acquired Accelerated Technologies, Inc. In April 2011, it acquired Print3D Corp.

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