3D Systems Corporation (DDD): Today's Highlighted Industrial Goods Leader

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

3D Systems Corporation ( DDD) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.1%. By the end of trading, 3D Systems Corporation rose $1.62 (5.3%) to $32.24 on light volume. Throughout the day, 3.7 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 5.3 million shares. The stock ranged in a price between $30.90-$32.40 after having opened the day at $31.22 as compared to the previous trading day's close of $30.62. Other companies within the Industrial Goods sector that increased today were: Continental Materials Corporation ( CUO), up 10.3%, IntriCon Corporation ( IIN), up 9.6%, ExOne ( XONE), up 9.5%, and Skyline Corporation ( SKY), up 8.7%.
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3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. 3D Systems Corporation has a market cap of $2.85 billion and is part of the industrial industry. The company has a P/E ratio of 65.8, above the S&P 500 P/E ratio of 17.7. Shares are down 13.9% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate 3D Systems Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates 3D Systems Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Goldfield ( GV), down 17.1%, India Globalization Capital ( IGC), down 8.7%, Intellicheck Mobilisa ( IDN), down 7.1%, and Aegion ( AEGN), down 6.3%, were all laggards within the industrial goods sector with Masco Corporation ( MAS) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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