Weiss Ratings Reaffirms "Sell (D-)" Rating for 3D Systems (NYSE:DDD)

Market Beat
2025.04.10 06:07
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Weiss Ratings has reaffirmed a "sell (D-)" rating for 3D Systems (NYSE:DDD) in a report released on Tuesday. The stock has seen various ratings from other firms, with StockNews.com downgrading it to "sell" and Cantor Fitzgerald lowering its price target from $5.75 to $5.00. Currently, 3D Systems has an average rating of "Hold" and a target price of $3.67. The stock opened at $1.87, with a 12-month low of $1.72 and a high of $5.00. Institutional investors own 64.49% of the shares.

3D Systems (NYSE:DDD - Get Free Report)'s stock had its "sell (d-)" rating reiterated by investment analysts at Weiss Ratings in a research note issued on Tuesday,Weiss Ratings reports.

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A number of other research firms also recently commented on DDD. StockNews.com downgraded 3D Systems from a "hold" rating to a "sell" rating in a research report on Friday, April 4th. Cantor Fitzgerald lowered their price objective on shares of 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Craig Hallum upgraded shares of 3D Systems to a "hold" rating in a research report on Thursday, December 12th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of 3D Systems in a report on Friday, March 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $3.67.

View Our Latest Stock Report on DDD

3D Systems Price Performance

  • Stratasys Remains the Belle of the 3D Printing Ball

NYSE:DDD opened at $1.87 on Tuesday. The business's 50-day moving average is $3.25 and its 200 day moving average is $3.21. 3D Systems has a 12 month low of $1.72 and a 12 month high of $5.00. The company has a market capitalization of $252.78 million, a P/E ratio of -0.47 and a beta of 1.81. The company has a current ratio of 3.31, a quick ratio of 2.34 and a debt-to-equity ratio of 0.97.

Hedge Funds Weigh In On 3D Systems

Hedge funds have recently added to or reduced their stakes in the company. Icon Advisers Inc. Co. purchased a new position in shares of 3D Systems during the fourth quarter valued at approximately $5,248,000. Penn Capital Management Company LLC bought a new position in 3D Systems in the 4th quarter valued at $5,214,000. Two Sigma Advisers LP increased its stake in 3D Systems by 553.9% in the fourth quarter. Two Sigma Advisers LP now owns 1,436,600 shares of the 3D printing company's stock worth $4,712,000 after purchasing an additional 1,216,900 shares during the period. Two Sigma Investments LP lifted its position in shares of 3D Systems by 172.2% during the fourth quarter. Two Sigma Investments LP now owns 1,492,071 shares of the 3D printing company's stock worth $4,894,000 after purchasing an additional 944,010 shares during the last quarter. Finally, ARK Investment Management LLC boosted its stake in shares of 3D Systems by 13.8% during the fourth quarter. ARK Investment Management LLC now owns 4,413,915 shares of the 3D printing company's stock valued at $14,478,000 after purchasing an additional 535,287 shares during the period. 64.49% of the stock is currently owned by institutional investors.

About 3D Systems

(Get Free Report)
  • Will Stratasys Continue to be a Runaway Bride?

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.

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