NEW YORK (TheStreet) -- 3D Systems
(DDD - Get Report) price target was lowered to $64 from $78 by analysts at RBC Capital who also maintained an "outperform" rating on the stock.
The company's shares are down -1.5% to $48.50 in pre-market trading on Wednesday.
The firm expects the company's bottom line to improve as the company's 3-D printing technology matures.
Meanwhile analysts at UBS AG (UBS) set a $51 price target and a "neutral" rating for the company.
- The revenue growth greatly exceeded the industry average of 4.3%. Since the same quarter one year prior, revenues rose by 44.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Although DDD's debt-to-equity ratio of 0.02 is very low, it is currently higher than that of the industry average. Along with this, the company maintains a quick ratio of 3.66, which clearly demonstrates the ability to cover short-term cash needs.
- The gross profit margin for 3D SYSTEMS CORP is rather high; currently it is at 51.12%. Regardless of DDD's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, DDD's net profit margin of 3.30% is significantly lower than the industry average.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Computers & Peripherals industry and the overall market, 3D SYSTEMS CORP's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- You can view the full analysis from the report here: DDD Ratings Report