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As was the case last quarter, 3D Systems had easy comparables because the COVID-19 pandemic significantly hurt its results in the year-ago period. These declines are primarily the result of businesses divested in 2020 and 2021, the company said in the earnings release.
Why did DDD stock rise today?
Why 3D Systems Stock Soared Today Shares of 3D Systems (NYSE: DDD) soared 21% on Tuesday after the 3D printing company delivered strong second-quarter financial results.
Why is 3D Systems Going up?
3D Systems’ revenue jumped 44% year over year to $162.6 million, fueled by robust growth in its healthcare segment and a rebound in its industrial business from its lows during the early stages of the pandemic. Investors applauded 3D Systems’ second-quarter growth.
Is 3D Systems a good stock to buy?
3D Systems Corporation (NYSE:DDD) It ranks seventh on our list of the 10 best 3D printing stocks to buy. The company issued its quarterly earnings report for the second quarter of 2021 on August 9, with earnings per share declared at -$0.08, falling short of the estimates by $0.02.
Why are 3D printing stocks falling?
Shares of 3D Systems (NYSE: DDD), a 3D printing company, tumbled more than 23% this week on seemingly no company-related news. Shares of the tech stock likely fell because one of 3D Systems’ rivals made an acquisition that could strengthen its competitive position.
Is 3D printing the future?
While 3D printing may not be taking over the entire manufacturing industry just yet, analysts predict there will be a great deal of growth and the market will be worth 32.78 billion USD by 2023. Analysts have predicted the 3D printing industry will be worth 32.7 billion USD by 2023.
Is DDD in a short squeeze?
This was simply a major short squeeze. According to Yahoo Finance, DDD had 34.3 million shares short as of December 15, 2020. This is 27.6% of all shares outstanding and 38.7% of the float.About DDD. Symbol Last Price % Chg DDD 21.33 -6.37%.
What does 3D systems make?
3D Systems, headquartered in Rock Hill, South Carolina, is a company that engineers, manufactures and sells 3D printers, 3D printing materials, 3D scanners, and offers a 3D printing service.
Why did DDD stock fall?
3D Systems ( DDD -3.85% ) reported third-quarter 2021 results after the market close on Monday that didn’t satisfy market participants in the after-hours trading session. They drove shares down 11.8%.
Is DDD overvalued?
Price to Book Ratio PB vs Industry: DDD is overvalued based on its PB Ratio (3.6x) compared to the US Tech industry average (2x).
Is DDD stock a buy or sell?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%.Momentum Scorecard. More Info. Zacks Rank Definition Annualized Return 1 Strong Buy 25.42% 2 Buy 19.05% 3 Hold 10.68% 4 Sell 6.41%.
Why 3D printing is not popular?
On the one hand, 3D printers are nowhere close to being able to reproduce complex gadgets. Most 3D printers can only deposit one or two materials at a time, so it’s not easy to manufacture a product like a smartphone that has metal, glass, plastic, and other materials inside of it.
Will 3D printing take over manufacturing?
Traditional manufacturing has to deal with the ever-growing demands of the world but it has some restrictions. That is where 3D printing can step in to take over. 3D printing for manufacturing comes with a number of exciting and unique advantages when compared with traditional manufacturing.
What are the negatives of 3D printing?
What are the Cons of 3D Printing? Limited Materials. While 3D Printing can create items in a selection of plastics and metals the available selection of raw materials is not exhaustive. Restricted Build Size. Post Processing. Large Volumes. Part Structure. Reduction in Manufacturing Jobs. Design Inaccuracies. Copyright Issues.
What is the short interest in DDD?
Short interest is the volume of 3D Systems shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 11,450,000 shares of DDD short. 9.40% of 3D Systems’ shares are currently sold short.
When did 3D Systems Go Public?
ROCK HILL, South Carolina – May 27, 2014 – 3D Systems (NYSE:DDD) announced today that it is offering 5,950,000 shares of its common stock in an underwritten public offering.
What did Hideo Kodama invent?
The History of 3D Printing and its Development The earliest record of 3D printing through the additive process was the Japanese inventor Hideo Kodama in 1981. He created a product that used ultraviolet lights to harden polymers and create solid objects. This is a stepping stone to stereolithography (SLA).
Who uses 3D Systems?
Who uses 3D Systems? Company Website Company Size Unilever PLC unilever.co.uk >10000 3D Systems Corp 3dsystems.com 1000-5000 AMERICAN MATHEMATICAL SOCIETY ams.org 200-500 EIMS eims.biz 200-500.
Is 3D Systems a good company?
“I have worked for 3D Systems for the last three years as a Biomedical Engineer. It is a good company that struggles with overall culture. The medical device team is very profitable but innovation is tough to come by because of the high volume of product we provide.”.
What industry is DDD?
Description. 3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
What does DDD systems do?
The Company is principally engaged in providing three-dimensional (3D) printing and digital manufacturing solutions. Its products and solutions include 3D printers for plastics and metals, materials, software, maintenance and training services, and on demand solutions.
Should I hold DDD?
The consensus among Wall Street analysts is that investors should “hold” 3D Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DDD, but not buy additional shares or sell existing shares.
How widespread is 3D printing?
The market continues to experience substantial success among hobbyists and home users, dominating the number of 3D printers delivered in 2016 (233,000 printers versus 63,000 units in industrial/commercial applications), and in the total number of 3D printers installed.
What are the barriers to some companies adoption of 3D printing?
The most commonly cited barriers to adopting 3D printing among manufacturers are cost and lack of talent and current expertise (41.3% and 42.1% respectively), followed by uncertainty of quality of the final product (33.1%) and printer speed (25.6%).
What are three uses of 3D printing?
Let’s dive into five of the top applications for 3D printing technologies. Education. Every day, more schools are incorporating 3D printing methods into their curriculums. Prototyping and Manufacturing. 3D printing was first developed as a means for faster prototyping. Medicine. Construction. Art and Jewelry.
