3D Systems Corporation (DDD): Today's Featured Computer Software & Services Winner

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 Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day down 0.9%. By the end of trading, 3D Systems Corporation rose 50 cents (1.6%) to $31.25 on light volume. Throughout the day, 2.6 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 $30.07-$31.46 after having opened the day at $30.22 as compared to the previous trading day's close of $30.75. Other companies within the Computer Software & Services industry that increased today were: Innovative Solutions and Support ( ISSC), up 27.2%, Helios and Matheson Information Technology ( HMNY), up 12.6%, Glu Mobile ( GLUU), up 6.4%, and Bridgeline Digital ( BLIN), up 5.6%.
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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 $2.86 billion and is part of the industrial goods sector. The company has a P/E ratio of 65.6, above the S&P 500 P/E ratio of 17.7. Shares are down 13.5% year to date as of the close of trading on Thursday. 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, Radware ( RDWR), down 22.6%, Authentidate Holding Corporation ( ADAT), down 10.7%, TSR ( TSRI), down 9.7%, and SolarWinds ( SWI), down 7.3%, were all laggards within the computer software & services industry with F5 Networks ( FFIV) being today's computer software & services industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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