With 4.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.28 million shares. The 52-week range on DDD shows that it touched its highest point at $5.00 and its lowest point at $1.51 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 1.90.
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 -4.97%, but this was down by -19.05% over a month. Three-month performance dropped to -50.49% while six-month performance fell -55.13%. The stock lost -56.41% in the past year, while it has lost -53.35% so far this year. A look at the trailing 12-month EPS for DDD yields -2.09 with Next year EPS estimates of -0.27. For the next quarter, that number is -0.15. This implies an EPS growth rate of 7.26% for this year and 53.04% for next year.
Float and Shares Shorts:
At present, 135.36 million DDD shares are outstanding with a float of 131.00 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 -$0.53707 being high and -$0.55697 being low. For DDD, this leads to a yearly average estimate of -$0.54702. Based on analyst estimates, the high estimate for the next quarter is -$0.11 and the low estimate is -$0.15. The average estimate for the next quarter is thus -$0.12.