With 1.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.84 million shares. The 52-week range on DDD shows that it touched its highest point at $5.25 and its lowest point at $1.72 during that stretch. It currently has a 1-year price target of $4.88. Beta for the stock currently stands at 1.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DDD was down-trending over the past week, with a drop of -13.27%, but this was down by -37.71% over a month. Three-month performance surged to 8.09% while six-month performance rose 55.56%. The stock lost -33.93% in the past year, while it has lost -10.37% so far this year. A look at the trailing 12-month EPS for DDD yields -3.93 with Next year EPS estimates of -0.27. For the next quarter, that number is -0.11. This implies an EPS growth rate of -110.39% for this year and 51.48% for next year. EPS is expected to grow by 46.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -47.15%.
Float and Shares Shorts:
At present, 134.83 million DDD shares are outstanding with a float of 130.61 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DDD since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.5361 being high and -$0.55596 being low. For DDD, this leads to a yearly average estimate of -$0.54603. Based on analyst estimates, the high estimate for the next quarter is -$0.1 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.11.
