3D Systems Corporation (DDD): Today's Featured Industrial 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 Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.6%. By the end of trading, 3D Systems Corporation rose $1.84 (3.9%) to $48.50 on average volume. Throughout the day, 4,947,019 shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 4,816,300 shares. The stock ranged in a price between $47.19-$49.10 after having opened the day at $47.52 as compared to the previous trading day's close of $46.66. Other companies within the Industrial industry that increased today were: JinkoSolar ( JKS), up 20.7%, China Ming Yang Wind Power Group ( MY), up 19.9%, Arotech Corporation ( ARTX), up 8.7% and UQM Technologies ( UQM), up 8.6%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $4.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 101.3, above the S&P 500 P/E ratio of 17.7. Shares are up 31.2% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate 3D Systems Corporation a buy, 1 analyst rates it a sell, and 2 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, OSI Systems ( OSIS), down 7.6%, Raven Industries ( RAVN), down 7.5%, China Valves Technology ( CVVT), down 7.0% and Research Frontiers ( REFR), down 6.0%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
null

If you liked this article you might like

3D Systems Stock Rising on JPMorgan Upgrade

Closing Bell: Another Record for Dow Stretches Streak Into Day Seven; Avon Tumbles

Some of Today's Worst Performing Stocks: Teva, Cheesecake Factory, 3D Systems