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DDD

3D Systems NYSE:DDD Stock Report

Last Price

US$8.53

Market Cap

US$1.1b

7D

8.0%

1Y

-67.3%

Updated

03 Oct, 2022

Data

Company Financials +
DDD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends0/6

DDD Stock Overview

3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

3D Systems Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 3D Systems
Historical stock prices
Current Share PriceUS$8.53
52 Week HighUS$34.97
52 Week LowUS$7.80
Beta1.43
1 Month Change-11.61%
3 Month Change-14.10%
1 Year Change-67.31%
3 Year Change9.92%
5 Year Change-35.13%
Change since IPO-33.10%

Recent News & Updates

Sep 23
An Intrinsic Calculation For 3D Systems Corporation (NYSE:DDD) Suggests It's 41% Undervalued

An Intrinsic Calculation For 3D Systems Corporation (NYSE:DDD) Suggests It's 41% Undervalued

Does the September share price for 3D Systems Corporation ( NYSE:DDD ) reflect what it's really worth? Today, we will...

Sep 08

3D Systems sets up new firm to support drug development with bioprinting technologies

3D Systems (NYSE:DDD) said Thursday it formed a new wholly-owned biotechnology firm called Systemic Bio, which will use advanced bioprinting technologies in drug discovery and development, with initial $15M seed investment from DDD. Systemic Bio will leverage DDD's production-level bioprinting technology to create vascularized organ models using biomaterials and human cells for its proprietary organ-on-a-chip platform called h-VIOS. These proprietary organs-on-chips can be used to study drug metabolism and the effects on healthy or diseased tissue. The ability to simulate human response to an experimental drug significantly reduces costs and time required for to bring a new drug to market. It could also eventually reduce or eliminate the need for animal testing. Systemic Bio will likely create a biotech revenue stream for DDD that could approach $100M annually over the next five years.

Shareholder Returns

DDDUS MachineryUS Market
7D8.0%-0.9%-2.5%
1Y-67.3%-18.6%-23.2%

Return vs Industry: DDD underperformed the US Machinery industry which returned -18.6% over the past year.

Return vs Market: DDD underperformed the US Market which returned -23.2% over the past year.

Price Volatility

Is DDD's price volatile compared to industry and market?
DDD volatility
DDD Average Weekly Movement8.9%
Machinery Industry Average Movement5.4%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: DDD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DDD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19861,721Jeff Graveshttps://www.3dsystems.com

3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and bio-compatible materials.

3D Systems Fundamentals Summary

How do 3D Systems's earnings and revenue compare to its market cap?
DDD fundamental statistics
Market CapUS$1.11b
Earnings (TTM)US$226.70m
Revenue (TTM)US$580.01m

4.9x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DDD income statement (TTM)
RevenueUS$580.01m
Cost of RevenueUS$342.55m
Gross ProfitUS$237.47m
Other ExpensesUS$10.77m
EarningsUS$226.70m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.74
Gross Margin40.94%
Net Profit Margin39.08%
Debt/Equity Ratio57.0%

How did DDD perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DDD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DDD?

Other financial metrics that can be useful for relative valuation.

DDD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA-23.4x
PEG Ratio-0.4x

Price to Earnings Ratio vs Peers

How does DDD's PE Ratio compare to its peers?

DDD PE Ratio vs Peers
The above table shows the PE ratio for DDD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.1x
AVID Avid Technology
22.2x17.3%US$1.1b
KODK Eastman Kodak
61.7xn/aUS$369.9m
SMCI Super Micro Computer
10.5x17.6%US$3.0b
IMMR Immersion
22.3x20.2%US$186.3m
DDD 3D Systems
4.9x-11.1%US$1.0b

Price-To-Earnings vs Peers: DDD is good value based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (28.7x).


Price to Earnings Ratio vs Industry

How does DDD's PE Ratio compare vs other companies in the US Machinery Industry?

Price-To-Earnings vs Industry: DDD is good value based on its Price-To-Earnings Ratio (4.9x) compared to the US Machinery industry average (18.3x)


Price to Earnings Ratio vs Fair Ratio

What is DDD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DDD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.9x
Fair PE Ratio12.2x

Price-To-Earnings vs Fair Ratio: DDD is good value based on its Price-To-Earnings Ratio (4.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).


Share Price vs Fair Value

What is the Fair Price of DDD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DDD ($8.53) is trading below our estimate of fair value ($17.15)

Significantly Below Fair Value: DDD is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is 3D Systems forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-11.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DDD's earnings are forecast to decline over the next 3 years (-11.1% per year).

Earnings vs Market: DDD's earnings are forecast to decline over the next 3 years (-11.1% per year).

High Growth Earnings: DDD's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DDD's revenue (8% per year) is forecast to grow faster than the US market (7.7% per year).

High Growth Revenue: DDD's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DDD's Return on Equity is forecast to be low in 3 years time (3.1%).


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Past Performance

How has 3D Systems performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


48.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DDD has a high level of non-cash earnings.

Growing Profit Margin: DDD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DDD has become profitable over the past 5 years, growing earnings by 48.5% per year.

Accelerating Growth: DDD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DDD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (9.8%).


Return on Equity

High ROE: DDD's Return on Equity (28.8%) is considered high.


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Financial Health

How is 3D Systems's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DDD's short term assets ($895.8M) exceed its short term liabilities ($162.4M).

Long Term Liabilities: DDD's short term assets ($895.8M) exceed its long term liabilities ($533.8M).


Debt to Equity History and Analysis

Debt Level: DDD has more cash than its total debt.

Reducing Debt: DDD's debt to equity ratio has increased from 0% to 57% over the past 5 years.

Debt Coverage: DDD's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if DDD's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is 3D Systems's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

3D Systems Dividend Yield vs Market
How does 3D Systems dividend yield compare to the market?
SegmentDividend Yield
Company (3D Systems)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Machinery)2.0%
Analyst forecast in 3 Years (3D Systems)0%

Notable Dividend: Unable to evaluate DDD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DDD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DDD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DDD's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DDD has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Jeff Graves (61 yo)

2.75yrs

Tenure

US$8,574,250

Compensation

Dr. Jeffrey A. Graves, also known as Jeff, Ph D., has been President and Chief Executive Officer of 3D Systems Corporation since May 26, 2020 and its Director since 2020. Dr. Graves served as the President...


CEO Compensation Analysis

Jeff Graves's Compensation vs 3D Systems Earnings
How has Jeff Graves's remuneration changed compared to 3D Systems's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$227m

Mar 31 2022n/an/a

US$250m

Dec 31 2021US$9mUS$837k

US$322m

Sep 30 2021n/an/a

US$308m

Jun 30 2021n/an/a

-US$57m

Mar 31 2021n/an/a

-US$85m

Dec 31 2020US$6mUS$489k

-US$150m

Compensation vs Market: Jeff's total compensation ($USD8.57M) is above average for companies of similar size in the US market ($USD4.14M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DDD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: DDD's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DDD insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NYSE:DDD Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
09 Sep 22SellUS$68,076Andrew JohnsonIndividual6,767US$10.06
08 Jun 22SellUS$288,803Charles HullIndividual26,386US$10.95
26 May 22BuyUS$106,500Jim KeverIndividual10,000US$10.65
19 May 22BuyUS$106,481Jeffrey GravesIndividual10,141US$10.50
10 Mar 22SellUS$74,205Andrew JohnsonIndividual5,000US$14.84
09 Mar 22SellUS$602,738Jeffrey GravesIndividual40,837US$14.76
09 Mar 22SellUS$180,065Jagtar NarulaIndividual11,878US$15.16
08 Mar 22SellUS$50,640Claudia DraytonIndividual3,376US$15.00
08 Mar 22SellUS$437,650Charles HullIndividual29,615US$14.78

Ownership Breakdown

What is the ownership structure of DDD?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders3,575,4572.7%
General Public38,171,64829.3%
Institutions88,534,21368.0%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Top 25 shareholders own 56.74% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
16.11%
BlackRock, Inc.
20,986,994$179.0m5.3%no data
10.32%
The Vanguard Group, Inc.
13,446,845$114.7m-1.04%no data
3.99%
Invesco Ltd.
5,195,686$44.3m-0.28%0.01%
3.78%
State Street Global Advisors, Inc.
4,920,204$42.0m5.52%no data
2.9%
Nikko Asset Management Co., Ltd.
3,774,974$32.2m1.92%0.01%
2.82%
ARK Investment Management LLC
3,673,560$31.3m-5.55%0.2%
1.94%
Geode Capital Management, LLC
2,526,875$21.6m17.19%no data
1.41%
D. E. Shaw & Co., L.P.
1,835,429$15.7m-19.54%0.03%
1.22%
Legal & General Investment Management Limited
1,587,660$13.5m11.81%no data
1.21%
Vident Investment Advisory, LLC
1,570,870$13.4m17.08%0.3%
1.11%
Dimensional Fund Advisors LP
1,440,906$12.3m-15.27%no data
1.09%
The Clark Estates, Inc.
1,418,614$12.1m0%2.2%
0.99%
Northern Trust Global Investments
1,293,275$11.0m-4.8%no data
0.91%
Renaissance Technologies LLC
1,187,250$10.1m3.04%0.01%
0.88%
Pinnacle Associates, Ltd.
1,143,331$9.8m63.2%0.21%
0.87%
BNY Mellon Asset Management
1,128,093$9.6m-8.03%no data
0.84%
Charles Schwab Investment Management, Inc.
1,088,123$9.3m5.58%no data
0.71%
Norges Bank Investment Management
929,230$7.9m0%no data
0.65%
GO ETF Solutions LLP
853,223$7.3m0%0.1%
0.62%
Morgan Stanley, Investment Banking and Brokerage Investments
810,762$6.9m-17.26%no data
0.62%
Principal Global Investors, LLC
803,629$6.9m-6.99%no data
0.47%
Mizuho Financial Group, Inc., Asset Management Arm
614,710$5.2m0.89%0.02%
0.45%
Invesco Capital Management LLC
586,792$5.0m0.13%no data
0.42%
Columbia Management Investment Advisers, LLC
552,885$4.7m-9.9%no data
0.42%
Jeffrey Graves
549,181$4.7m-3.15%no data

Company Information

3D Systems Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: 3D Systems Corporation
  • Ticker: DDD
  • Exchange: NYSE
  • Founded: 1986
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$1.111b
  • Shares outstanding: 130.28m
  • Website: https://www.3dsystems.com

Number of Employees


Location

  • 3D Systems Corporation
  • 333 Three D Systems Circle
  • Rock Hill
  • South Carolina
  • 29730
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DDDNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 1988
DDD *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNMar 1988
SYVXTRA (XETRA Trading Platform)YesCommon StockDEEURMar 1988
SYVDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1988
DDDSWX (SIX Swiss Exchange)YesCommon StockCHCHFMar 1988
0QYHLSE (London Stock Exchange)YesCommon StockGBUSDMar 1988
DDDWBAG (Wiener Boerse AG)YesCommon StockATEURMar 1988
SYVETLX (Eurotlx)YesCommon StockITEURMar 1988

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.