Lake Street analyst Troy Jensen maintained a Buy rating on 3D Systems (DDD – Research Report) today and set a price target of $11.50. The company’s shares opened today at $5.06.
Jensen covers the Technology sector, focusing on stocks such as Shapeways Holdings, 3D Systems, and Velo3D. According to TipRanks, Jensen has an average return of 10.7% and a 51.54% success rate on recommended stocks.
3D Systems has an analyst consensus of Hold, with a price target consensus of $8.00.
See today’s best-performing stocks on TipRanks >>
Based on 3D Systems’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $89.17 million and a GAAP net loss of $28.9 million. In comparison, last year the company earned a revenue of $103.77 million and had a GAAP net loss of $32.96 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three dimensional printing solutions. It includes three dimensional printers, materials, software, on demand manufacturing services, and digital design tools. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.
Read More on DDD:
