Media stories about 3D Systems (NYSE:DDD) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. 3D Systems earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the 3D printing company an impact score of 45.9101749831984 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- 3D Systems Corporation (NYSE:DDD) – PEG Ratio Can Tell You A Different Story Than P/E – Nasdaq Journal (nasdaqjournal.com)
- Indications from Technical Perception – Broadridge Financial Solutions, Inc. (BR), 3D Systems Corporation (DDD) – Market Movers (financialqz.com)
- 3D Systems Corp (DDD): Stock’s Stunning Activities – Emn News (emnnews.com)
- Investors need to focus on Analysts Rating: 3D Systems Corporation (DDD) – Wall Street Morning (wallstreetmorning.com)
- Two Stocks in Concentration: 3D Systems Corporation (NYSE:DDD), Bill Barrett Corp. (NYSE:BBG) – The Oracle Examiner (oracleexaminer.com)
A number of analysts have recently commented on DDD shares. Piper Jaffray Companies restated a “sell” rating and issued a $10.00 price target on shares of 3D Systems in a report on Wednesday, November 1st. Stifel Nicolaus restated a “hold” rating and issued a $11.00 price target (down from $15.00) on shares of 3D Systems in a report on Wednesday, November 1st. Bank of America lowered 3D Systems from a “buy” rating to an “underperform” rating and boosted their price target for the company from $9.63 to $12.38 in a report on Wednesday, November 1st. Loop Capital reiterated a “hold” rating and set a $10.00 target price on shares of 3D Systems in a report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. dropped their target price on 3D Systems from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Wednesday, November 1st. Seven investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $12.68.
In other 3D Systems news, Director G Walter Loewenbaum II purchased 6,430 shares of the stock in a transaction on Friday, December 1st. The shares were purchased at an average price of $8.81 per share, with a total value of $56,648.30. Following the completion of the transaction, the director now directly owns 1,013,207 shares in the company, valued at $8,926,353.67. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last three months, insiders have acquired 47,930 shares of company stock worth $428,048. Company insiders own 5.00% of the company’s stock.
3D Systems Company Profile
3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.
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