3D Systems Corp. (NYSE:DDD) shares were down 7.8% during trading on Wednesday . The stock traded as low as $14.50 and last traded at $14.69, with a volume of 3,156,035 shares. The stock had previously closed at $15.93.

Several research analysts recently commented on DDD shares. Vetr downgraded shares of 3D Systems Corp. from a “strong-buy” rating to a “buy” rating and set a $13.73 target price on the stock. in a research note on Wednesday, June 15th. Bank of America Corp. reaffirmed a “buy” rating on shares of 3D Systems Corp. in a research note on Wednesday, June 8th. Pacific Crest reaffirmed an “equal weight” rating on shares of 3D Systems Corp. in a research note on Sunday, June 5th. Zacks Investment Research downgraded shares of 3D Systems Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th. Finally, Brean Capital reissued a “hold” rating on shares of 3D Systems Corp. in a research report on Sunday, May 8th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $14.11.

The company’s market cap is $1.63 billion. The stock’s 50-day moving average is $14.61 and its 200-day moving average is $13.98.

3D Systems Corp. (NYSE:DDD) last released its earnings results on Wednesday, August 3rd. The 3D printing company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. During the same quarter in the previous year, the business earned $0.03 EPS. The business earned $158.10 million during the quarter, compared to analysts’ expectations of $161.01 million. The business’s revenue for the quarter was down 7.3% on a year-over-year basis. On average, equities analysts forecast that 3D Systems Corp. will post $0.39 earnings per share for the current fiscal year.

An institutional investor recently raised its position in 3D Systems Corp. stock. Dimensional Fund Advisors LP raised its position in 3D Systems Corp. (NYSE:DDD) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 192,719 shares of the 3D printing company’s stock after buying an additional 1,500 shares during the period. Dimensional Fund Advisors LP owned 0.17% of 3D Systems Corp. worth $1,675,000 as of its most recent SEC filing.

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room.

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