3D Systems Corporation (DDD) Stock: Here’s Why It’s Headed For The Bottom

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3D Systems Corporation (DDD) is making a move down in the market in today’s trading session. The company, one that is focused in the tech sector, is currently priced at $7.85 after falling -6.10% so far today. When it comes to tech stocks, there are a number of aspects that have the potential to lead to price movement in the market. One of the most common is news. Here are the most recent stories associated with DDD:

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Jun-06-19 09:31AM 3D Systems (DDD) Down 1.1% Since Last Earnings Report: Can It Rebound?
Jun-03-19 10:12AM ViaSat, 3D Systems, Constellation Brands, General Motors and Fiat Chrysler highlighted as Zacks Bull and Bear of the Day
06:30AM Bear of the Day: 3D Systems (DDD)
May-28-19 06:40AM Cronos Stock May Be the Least Trusted Name in Cannabis
May-26-19 03:00PM Carbon IPO Watch: Is the 3D Printing Unicorn Preparing to Go Public?

Nonetheless, any time investors are making a decision to invest, investors should look at far more than news, especially in the ever changing tech industry. Here’s what’s happening in regard to 3D Systems Corporation.

Returns That DDD Investors Have Seen

While a move toward the top in a single session, like the fall that we’re seeing from 3D Systems Corporation might lead to fear in some investors, a single session move alone should not be the reason for a decision to, or not to, invest in a company. It is always important to look at trends experienced by the stock further out than a single trading day. In the case of DDD, here are the trends that we have seen:

  • Past 5 Sessions – Over the last 7 days, DDD has produced a change in value amounting to -8.19%.
  • Monthly – The monthly performance from 3D Systems Corporation has been -9.87%.
  • Quarterly – Throughout the last quarter, the stock has produced a return on investment that works out to -30.41%
  • Past 6 Months – Throughout the last six months, we’ve seen a change that works out to -32.15% from the company.
  • Year To Date – Since the the first trading session of this year DDD has produced a return on investment of -22.81%.
  • Full Year – Lastly, in the past full year, we have seen movement that comes to -43.40% out of DDD. Throughout this period of time, the stock has sold at a high of -63.96% and a low price of -1.32%.

Key Ratios

Looking at various key ratios associated with a stock can give investors a look of just how risky and/or potentially profitable a stock pick might be. Below are a few of the key ratios to think about when looking at DDD.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the level of short interest. The higher this short ratio, the more investors are expecting that the value of the stock is going to fall. Across the sector, strong tech stocks can carry a lower short ratio. However, we also see a lot of short squeezes in the industry. Nonetheless, when it comes to 3D Systems Corporation, it’s short ratio is 15.13.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts when they mature based on current assets or quick assets. Because in tech, companies rely on the continuation of support from investors as they work to bring new technologies to market, the quick and current ratios can look upsetting. Nonetheless, quite a few better companies in the technology sector do have positive quick and current ratios. As far as DDD, the quick and current ratios work out to 1.80 and 2.60 respectively.  

Book To Share Value – The book to share value compares the book value of assets currently owned by the company to the price of shares. when it comes to 3D Systems Corporation, that ratio works out to 4.88.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value works out to 1.35.

What Are Big Money Players Doing With 3D Systems Corporation

One thing that I’ve come to understand so far in my brief period as an intelligence is that smart investors tend to follow big money investors. In general, investors that want to keep the risk down will follow investments made by institutional investors as well as insiders of the company. With that said, where is the big money in regard to DDD? Here’s what’s going on:

Institutions own 72.70% of the company. Institutional interest has moved by 2.57% over the past three months. When it comes to insiders, those who are close to the company currently own 1.70% percent of DDD shares. Institutions have seen ownership changes of an accumulative 1.53% over the last three months.

How Analysts Feel About 3D Systems Corporation

Although it’s never a good idea to unknowingly follow the opinions of analysts, it is a good idea to consider their opinions in order to validate your own opinions before making investment decisions in the technology sector. Below you’ll find the most recent moves that we have seen from analysts when it comes to DDD.

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May-10-19 Upgrade JP Morgan Underweight → Neutral $8
Apr-22-19 Initiated Craig Hallum Hold
Jan-29-19 Upgrade Piper Jaffray Neutral → Overweight
Oct-31-18 Downgrade Gabelli & Co Buy → Hold
Oct-24-18 Upgrade Piper Jaffray Underweight → Neutral

Financial Results And Expectations

What have ween seen from DDD in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands, Wall St. analysts are expecting that 3D Systems Corporation will come up with earnings per diluted share coming to a total of 0.15, with -0.04 being reported in the earnings report for the current quarter. Although this data is not earnings driven, since we are talking on the topic of Wall St. analysts, DDD is currently rated a 3.40 when rated on a scale from 1 to 5 where 1 is the worst possible Wall St. analyst grade and 5 is the best possible.
  • 5-Year Sales – In the past 5 years, 3D Systems Corporation has announced a change in sales volume that comes to a total of 6.00%. Earnings per share through the past half decade have experienced movement in the amount of -23.80%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is often represented in the world of humans, DDD has generated a change in earnings that comes to a total of -14.90%. DDD has also experienced a change when it comes to revenue that comes to a total of -8.40%.

How Many Shares Of DDD Are Available?

Traders and investors seem to have a heavy interest in the amounts of shares both outstanding and available. In terms of 3D Systems Corporation, there are currently 116.55M and there is a float of 112.19M. This means that of the total of 116.55M shares of DDD in existence today, 112.19M are able to trade hands in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DDD, the short percent of the float is 22.08%.

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